Wells Fargo just extended its popular checking account bonus through April 7, 2026. New customers can earn $400 by opening an Everyday Checking account and completing $3,000 in direct deposits within 90 days. This is one of the easier bank bonuses available right now, and the cash can fund your next trip or help meet credit card spending requirements.
What You Need to Know
Open a new Wells Fargo Everyday Checking account by April 7, 2026, with a minimum $25 deposit. Within 90 days, you'll need to complete a total of $3,000 in qualifying direct deposits. Wells Fargo has a broad definition of what counts as a direct deposit, including ACH transfers, instant payments through the RTP network, FedNow Service, and electronic credits from third-party services that use the Visa or Mastercard network.
The bonus posts within 30 days after your 90-day qualification period ends. Your account must remain open throughout this entire period to receive the bonus.
Managing the Monthly Fee
The Everyday Checking account carries a $10 monthly service fee, but you can avoid it easily. The simplest approach is maintaining a $1,500 minimum daily balance. Alternatively, you can make $500 or more in qualifying electronic deposits each month. If you're between 17-24 years old, the fee is automatically waived.
Strategic Considerations
Wells Fargo defines direct deposits more loosely than many banks. According to Doctor of Credit's comprehensive list, ACH transfers from most banks and credit unions typically qualify. This means you don't necessarily need to redirect your paycheck to hit the $3,000 threshold.
The $400 bonus represents a 13.3% return on the $3,000 deposit requirement, which you only need to maintain for 90 days. That's significantly better than any high-yield savings account over the same period. If you're already exploring Wells Fargo credit cards, having a checking account relationship can streamline your application process.
Important Restrictions
You're not eligible if you currently own a Wells Fargo consumer checking account or received a checking bonus from Wells Fargo within the past 12 months. Wells Fargo employees are also excluded.
While there's no early termination fee, experienced bank bonus chasers recommend keeping the account open for at least six months after receiving the bonus. Closing too quickly can result in Wells Fargo blacklisting you from future bonuses.
The Bottom Line
This is straightforward bonus money. The $3,000 direct deposit requirement is manageable, Wells Fargo's loose interpretation of what counts makes qualifying easier, and $400 in cash gives you real travel flexibility. Whether you're saving for flights, hotels, or simply want to pad your points and miles budget, this bonus delivers without complicated hoops to jump through.
Apply for Wells Fargo Everyday Checking →
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