Wells Fargo, $100/$150 Checking Bonus

There’s two available offers that are showing up at Wells Fargo branches when you use their ATM. Depending on your location you might get a $100 signup offer which has been around before, or the better $150 offer which is rare. DoC reports that the $150 is showing up in CA and the $100 in NJ. I’ll check it out later to see what I get in NYC. Check out DoC’s post for a picture of the full receipt.

When you use a debit card from a different bank at an Wells Fargo ATM it will ask you at the end of your transaction if you want a $100 or $150 coupon to open e Wells Fargo checking account. With that coupon you can then open an account in branch to get the bonus. Keep in mind that there’s most likely fees associated with using a different bank’s ATM.

To receive either bonus you need to complete the following requirements:

•  Open a new consumer checking account with a minimum opening deposit of $50 in a Wells Fargo branch by December 31, 2016
• Complete one of the following: 10 debit card purchases/payments OR establish a qualifying direct deposit of $500 or more

You do not qualify for the bonus if you have received any cash or cash-equivalent bonus through Wells Fargo consumer deposits in the past 12 months.

This is a decent offer, but Wells Fargo has had better deals in the past, up to $250 even, but those are very rare.

The good thing about having a Wells Fargo checking account, is that you can then apply for Wells Fargo credit cards. Even then, they’re a bit stingy with their approvals. I was declined more than a year ago for the Wells Fargo Cash Back Visa card. So I’ll give it another try now so I can get this $100 bonus plus 5% cash back for 6 months.

How to avoid fees

• 10 debit card purchases and/or payments each statement cycle OR
• $500 in qualifying direct deposits each statement cycle OR
• Maintain a minimum daily balance of $1,500  OR
• Linked to a Wells Fargo Campus ATM or Campus Debit Card

Offer details

• Apply In Branch
• Account Type: Everyday Checking
• Availability: Nationwide
• Expiration Date: 10/14/2016 12/31/2016
• Type of Inquiry: Soft pull
• Direct Deposit Requirement: $500 (optional)
• Other Requirements: $50 opening deposit and 10 debit card purchases/payments
• Credit Card Funding: Up to $50
• Monthly Fee: $10 but can be waived
• Closing Account Fee: None

HT: DoC