Wells Fargo Offers $250 Bonus for New Checking Customers

What's Hot

The Most Sinful City in the U.S. Is … (Hint: It’s Not Vegas)Family

How a Mexican Tariff Will Boost the Cost of 6 Common PurchasesFamily

This Free Software Brings Old Laptops Back to LifeMore

How to Protect Yourself From the ‘Can You Hear Me?’ Phone ScamFamily

Report: Walmart to Begin Selling CarsCars

Where to Sell Your Stuff for Top DollarAround The House

Is Your TV Tracking You? Here’s How to Tell — and Prevent ItAround The House

11 Staging Tips to Help You Get Top Dollar When Selling Your HomeAround The House

21 Restaurants Offering Free Food Right NowSaving Money

20 Simple Hacks to Make Your Stuff Last LongerAround The House

4 Car Insurers That Might Raise Rates Even When the Accident Wasn’t Your FaultCars

How to Invest If Trump Kills the ‘Fiduciary Rule’Grow

12 Surprising Ways to Wreck Your Credit ScoreBorrow

8 Tuition-Free U.S. CollegesCollege

These Are the 25 Best Jobs in the U.S.Jobs & Work

9 Secret Ways to Use Toothpaste That Will Make You SmileAround The House

The 2 Types of Music That Most Improve Dog BehaviorFamily

You can score $250 just by opening a new checking account with Wells Fargo. Read on for details.

Wells Fargo is encouraging new customers to open up checking accounts by offering a $250 bonus. This is how the Wells Fargo checking account bonus offer works:

  • Open up a new eligible checking account with Wells Fargo by Feb. 17. The minimum opening deposit is $25.
  • Within 60 days of opening the account, you need to make 10 debit card purchases or payments OR set up a qualifying direct deposit of at least $500 to your new checking account.

You’re not eligible for the offer if you are a current owner of a Wells Fargo consumer checking account, an employee of Wells Fargo or a recipient of a consumer checking account bonus in the past year.

Read more about the offer here.

This checking account does have a monthly service fee of $10. To avoid being dinged with that fee, however, you need to meet one of these four conditions each month:

  • Maintain a $1,500 minimum daily balance.
  • Have a minimum of $500 in qualifying direct deposits.
  • Have 10 or more posted debit card purchases or payments from the account
  • Link to a Wells Fargo campus ATM or campus debit card.

Also, young adults can get a special discount of half off the service fee. If the primary account owner is age 17 through 24, Wells Fargo offers a $5 monthly service fee discount on the $10 fee.

You won’t get your bonus right away. Wells Fargo says after you meet the eligibility and qualifications requirements, it has 45 days to deposit the $250 bonus in your account.

Do you have a checking account? Which bank do you use? Comment below or on Facebook.

Stacy Johnson

It's not the usual blah, blah, blah

I know... every site you visit wants you to subscribe to their newsletter. But our news and advice is actually worth reading! For 25 years, I've been making people richer without making their eyes glaze over. You'll be glad you did. I guarantee it!


Read Next: The Best of Every Type of Bank for 2017

Check Out Our Hottest Deals!

We're always adding new deals and coupons that'll save you big bucks. See the deals to the right and hundreds more in our Deals section.

Click here to explore 1,871 more deals!