Original Post
Written by
Edited March 8, 2017
at 07:14 PM
by
I called Wells Fargo to confirm the deal. My wife was envious when I got a fat check from the previous deal.
I showed my sympathy by calling to confirm the deal is still around. They renewaled it.
https://www.wellsfargo.com/jump/c...ect-offer/
To receive your $250 welcome bonus, open an Everyday Checking account ONLINE FROM THIS WEBPAGE ONLY by March 24, 2017, and complete a few steps:
1. Deposit at least $25 to fund your account.
2. Make 10 debit card purchases/payments within 60 days of opening your account.
3. Qualify to receive a $250 bonus in your account.
This is an exclusive, online only offer and not valid for branch or phone account opens.
How to avoid the monthly service fee
Avoid the $10 monthly service fee on your Everyday Checking account with one of the following (during each fee period):
-10 or more posted debit card purchases/payments from this checking account. This does not include transactions at an ATM.
-Qualifying direct deposits totaling $500 or more
-$1,500 minimum daily balance
-A linked Wells Fargo Campus ATM or Campus Debit Card
Receive a $5 monthly service fee discount when the primary account owner is between the ages of 17 and 24.
Important things to know about the offer:
Eligibility:
Everyday Checking is eligible for the $250 bonus.
You cannot be:
An owner on a current Wells Fargo consumer checking account
A Wells Fargo team member
A recipient of a consumer checking bonus in the past 12 months (limit one bonus per customer)
Bonus qualifications:
Open a new Everyday Checking account with a minimum opening deposit of $25 (not including the bonus) from this online page by March 24, 2017.
Within 60 days of account opening, make 10 purchases/payments with your Wells Fargo Debit Card.
The 10 debit card purchases/payments must be from the primary linked consumer checking account opened for this offer. Transactions at an ATM do not count as a debit card purchase/payment.
Offer available only online at wellsfargo.com. Offer subject to change and may be discontinued at any time.
Wells Fargo will deposit the bonus into your new checking account within 45 days after eligibility and qualifications have been met.
You are responsible for any federal, state, or local taxes due on your bonus and we will report as income to the tax authorities if required by applicable law. Consult tax advisor.
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As others have warned already, I was "conditionally approved." I received an email with a tedious list of further requirements.
Not worth the hassle, in my opinion.
As others have warned already, I was "conditionally approved." I received an email with a tedious list of further requirements.
Not worth the hassle, in my opinion.
what hassle?? i got in on this deal a few weeks ago. i added $1.XX to my prepaid debit card 10x. once the transactions showed as completed, my bonus was deposited within 48 hours. where's the hassle??
i was conditionally approved as well. i just went into the bank and showed them my license. if you can't answer all those security questions accurately, you will be conditionally approved.
If the credit is freeze, can I open bank account? Do they need to pull my credit?
If I got to unfreeze my credit file, which credit bureau I should Unfreeze? (Experian, equifax, Transunion)?
Can I go to a branch and get the same deal?
Thank you for your response
1. Sign Up
2. Fund the account
3. Make the 10 purchases
4. Now you have to avoid the monthly fees by refunding the account, set up direct deposits, continue making 10 purchase/mo. Or, close it immediately after the $250 is credited.
5. After the bonus you have to close the account unless you want to keep it and do #4 to avoid the fees. This will likely require a visit to a branch to completely close it. Zeroing out an account doesn't officially close it.
6. Next you'll receive a 1099 INT and taxes will take a big chunk out of your $250 bonus.
1. Sign Up
2. Fund the account
3. Make the 10 purchases
4. Now you have to avoid the monthly fees by refunding the account, set up direct deposits, continue making 10 purchase/mo. Or, close it immediately after the $250 is credited.
5. After the bonus you have to close the account unless you want to keep it and do #4 to avoid the fees. This will likely require a visit to a branch to completely close it. Zeroing out an account doesn't officially close it.
6. Next you'll receive a 1099 INT and taxes will take a big chunk out of your $250 bonus.
1. Sign Up
2. Fund the account
3. Make the 10 purchases
4. Now you have to avoid the monthly fees by refunding the account, set up direct deposits, continue making 10 purchase/mo. Or, close it immediately after the $250 is credited.
5. After the bonus you have to close the account unless you want to keep it and do #4 to avoid the fees. This will likely require a visit to a branch to completely close it. Zeroing out an account doesn't officially close it.
6. Next you'll receive a 1099 INT and taxes will take a big chunk out of your $250 bonus.
i believe he was referring to if you are conditionally approved. they send you something to fill out, or you can visit the bank to verify your identity.
also, i read in the other thread that you can close the account via secure message. i will give it a try later
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Despite that, I still received "conditional approval" and a tedious list of additional requirements.
Wells Fargo has a terrible reputation, and this "deal" is not worth the current hassles and the probable future hassles.
1. Sign Up
2. Fund the account
3. Make the 10 purchases
4. Now you have to avoid the monthly fees by refunding the account, set up direct deposits, continue making 10 purchase/mo. Or, close it immediately after the $250 is credited.
5. After the bonus you have to close the account unless you want to keep it and do #4 to avoid the fees. This will likely require a visit to a branch to completely close it. Zeroing out an account doesn't officially close it.
6. Next you'll receive a 1099 INT and taxes will take a big chunk out of your $250 bonus.
You don't have to do DD AND make the 10 purchases.
You want to know the easy way to do this?
Set up your account, fund it with a CC.
Once you get the debit card, make 10 $1 Amazon GC reloads.
Get your $250 bonus
Transfer it to a checking account.
SM WF to close your account. The end.
You want to know the easy way to do this?
Set up your account, fund it with a CC.
Once you get the debit card, make 10 $1 Amazon GC reloads.
Get your $250 bonus
Transfer it to a checking account.
SM WF to close your account. The end.
That 250 you get is 25cents to them! and more money will be taken from you in the long run! I swear by it
Despite that, I still received "conditional approval" and a tedious list of additional requirements.
Wells Fargo has a terrible reputation, and this "deal" is not worth the current hassles and the probable future hassles.
I was conditionally approved too, just waited for the debit card and pin to come and then I just did my 10 transactions. got bonus in 2 days. sent SM to close the account.
From the previous time this deal was posted, it was pointed out that there is a 60-day grace period when opening a new account. Therefore, the initial 10 purchases to qualify for the bonus will cover you for long enough to avoid any monthly fees, if you intend on closing it right after the bonus posts.
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Did anyone get their Regions $400 bonus yet?