Wells Fargo is paying new business checking customers a cash bonus of up to $825, according to the bank's business checking offer page. You'll need to open an eligible business checking account, such as Initiate or Navigate, with the bonus offer code by January 13, 2027, then reach a deposit tier and complete five qualifying transactions.
Deal Details
Your balance on day 30 after opening sets the most you can earn:
- $2,500 to $9,999 earns $400.
- $10,000 to $24,999 earns $550.
- $25,000 or more earns $825.
You have to keep that balance through day 60. If it drops to a lower tier, the bonus shrinks, and falling below the lowest tier means no bonus.
You also need 5 or more qualifying posted transactions within those 60 days. Business debit card purchases, Bill Pay payments, and deposits by mobile app, ATM, teller, ACH or wire count. Sending or receiving money with Zelle, withdrawals, transfers or payments to or from other Wells Fargo accounts, RTP or FedNow transfers, and credits pushed to your debit card number (Wells Fargo calls them Original Credit Transactions) don't.
Once the 60 days are up and you've met every requirement, Wells Fargo deposits the bonus into the new account within 30 calendar days. The account can't be closed or restricted at payout, and the bank reports the bonus as income.
How to Take Advantage
- Apply online, where the code applies automatically to an Initiate Business Checking account, or get the code by email and open at a branch with a $25 minimum opening deposit.
- Deposit $2,500 or more within 30 days of opening, and keep that balance through day 60.
- Complete five qualifying posted transactions within the 60-day qualification period.
Why This Deal Matters
Initiate Business Checking carries a $15 monthly service fee. You can avoid it each fee period with a $2,000 minimum daily balance, a $5,000 combined business deposit balance, or by owning a Premier Checking, Private Bank Checking or Private Bank Interest Checking account.
You can't get the bonus if you currently own a Wells Fargo business checking account, closed one within the past 90 days, or work for Wells Fargo. It's limited to one bonus per business and one per business owner within 24 months, and non-resident aliens or foreign entities signing Form W-8 aren't eligible. If you're comparing offers, see our posts on the Chase business checking bonus and, for a personal account, the Wells Fargo personal checking bonus.
Conclusion
This offer fits a business owner with no recent Wells Fargo business checking account who can keep at least $2,500 in the new account through day 60. Open the account with the offer code by January 13, 2027, then get at least $2,500 into it by day 30.
