Wells Fargo is paying a $500 bonus to new checking customers who open an Everyday Checking account with the bonus offer code by January 12, 2027, then receive $1,000 or more in qualifying electronic deposits within 90 calendar days of opening.
Deal Details
- Bonus: $500, deposited into your new account within 30 calendar days of meeting the requirements.
- Deadline: open the account with your bonus offer code by January 12, 2027.
- Requirement: $1,000 or more in qualifying electronic deposits within 90 calendar days of account opening.
- Fee: Everyday Checking has a $15 monthly service fee, and a $25 minimum opening deposit applies if you open in a branch.
The full terms are on the Wells Fargo offer page.
What Counts As a Qualifying Deposit
Wells Fargo counts posted deposits such as your salary, a government benefit payment or other income when they arrive as an ACH direct deposit, an instant payment through the RTP network or FedNow Service, or an electronic credit from a third-party service through the Visa or Mastercard network. Transfers between accounts, mobile deposits, Zelle and deposits at a branch or ATM don't count.
Avoiding the $15 Monthly Fee
You can skip the fee with one of these each fee period: a $1,500 minimum daily balance, $5,000 or more in qualifying deposit balances, investment balances or both, $500 or more in total qualifying electronic deposits, a primary owner aged 17 to 24, or a qualifying monthly non-civilian military direct deposit through the Worldwide Military Banking program.
How to Take Advantage
- Online: use the Open Online link on the offer page, and the code is applied automatically.
- In a branch: enter your email to get the code, then make an appointment. In a branch, the code works on any eligible consumer checking account, while the online link opens only Everyday Checking.
- Set up $1,000 or more in qualifying electronic deposits within 90 calendar days.
- Keep the account open. It can't be closed or restricted when the bonus pays out.
Who Should Act and Who Should Skip
It's worth opening if you can send $1,000 or more in qualifying electronic deposits, such as a paycheck, to the new account within 90 calendar days. Skip it if you received a Wells Fargo consumer checking bonus in the past 12 months, work for Wells Fargo, are a non-resident alien or foreign entity signing an IRS Form W-8, or would open the account as part of Wells Fargo Private Bank. The bonus can't be combined with other consumer deposit offers, and Wells Fargo reports it as income.
Comparing options? See our coverage of the Citi checking bonus and the Bank of America checking bonus.
Conclusion
Open with your bonus offer code by January 12, 2027, and start your qualifying deposits soon after, since the 90 days run from account opening. Wells Fargo can change or end the offer at any time without notice.
