Posted by Chuck on July 27, 2016
Checking Accounts

Published on July 27th, 2016 | by Chuck

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[Expired] $50-$150 Wells Fargo Checking Bonus In-Branch, No Direct Deposit Required [YMMV]

This offer has expired, if anybody gets the offer with an expiry past December 31st, 2016 please let us know in the comments. In the mean time you can view the best checking account bonuses here.

Some people are now getting targeted for a $50 offer, yuck.

Offer at a glance

  • Maximum bonus amount: $100-$150
  • Availability: Nationwide (requires Wells Fargo branch visit)
  • Direct deposit required: Optional (see what counts here)
  • Additional requirements: 10 debit card transactions or direct deposit
  • Hard/soft pull: Soft
  • Credit card funding: None in-branch
  • Monthly fees: $10, waivable 
  • Early account termination fee: None
  • Expiration Date: October 14, 2016 December 31st, 2016

The Offer

Receive a $100 sign up bonus when you open a Wells Fargo checking account and complete the following requirements:

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

[Read: How To Meet Minimum Debit & Credit Transaction Requirements]

How To Get The Offer:

To receive this offer, go to a Wells Fargo branch and make a transaction using a non-Wells debit card. After the transaction, it will ask you if you want a $100-$150 coupon for opening a Wells checking account. Select ‘yes’ and it will print your an offer coupon with a unique coupon code. (Picture of bonus coupon below.)

Note: Not all areas will offer you the $150 coupon. All areas should offer you at least $100 coupon. The $150 coupon was confirmed in California by my friend Dawn; I tried in NJ, and it came up with the $100 offer.

Bear in mind that you’ll get hit with a $3 ATM fee from Wells for the withdrawal and also a fee from your bank for using their debit card outside of their chain. Use a debit card without any fees, and, if possibly, one that even reimburses the Wells fee. Another option is to just do a balance check instead of a withdrawal and hopefully the coupon offer will still come up. If you do the balance check option, there probably won’t be any fees from your bank (that’s my guess), but there still might be a Wells fee (I don’t know).

The Fine Print

  • Purchase/direct deposit requirement must be completed within 60 days of account opening
  • We will deposit the bonus into your new checking account within 45 days after eligibility and qualifications have been met
  • All consumer checking accounts except Teen CheckingSM and prepaid WellsFargot EasyPay card are eligible for the $100 bonus
  • You cannot be: a current owner on a Wells Fargo consumer checking account, a Wells Fargo team member, or a recipient of a consumer checking bonus in the past 12 months
  • A qualifying direct deposit is your salary, pension, Social Security, or other regular recurring monthly income of an accumulated $500 or more
  • Offer can not be paid without providing a valid U.S. taxpayer ID (W-9)

Avoiding Fees

Monthly Fee

The Everyday Checking account comes with a $10 monthly fee. Get the fee waived with one of the following:

  • 10 debit card purchases and/or payments each statement cycle from this checking account, OR
  • Direct deposits totaling $500 or more each statement cycle, OR
  • Maintain a $1,500 minimum daily balance, OR
  • Link checking account to a Wells Fargo Campus ATM or Campus Debit Card

If you have a Wells mortgage, you might be able to get a higher-level account with no fees.

Early Account Termination Fee

There is no early account termination fee.

Our Verdict

The $150 offer from Wells via the ATM is uncommon; the $100 offer we’ve seen many times before. As noted, not all areas will have the $150 offer, but you’ll hopefully always be able to get the $100 offer. Let us know which offer you got.

Getting the bonus is very easy since it just needs 10 debit card transactions which is simply done by using the self-checkout at the grocery or via Amazon reloads.

Aside from the $150 bonus, another reason that people are interested in the Wells Fargo checking accounts is that Wells usually wants you to have a deposit account relationship with them before approving you for one of their credit cards. They have three cards most people are interested in:

The downside to this bonus is that it can’t be done online and it requires a bit of money/effort to keep the account fee-free until the bonus hits. Despite that, we’ll add this to our list of the best bank bonuses as it’s relatively easy to meet the bonus requirements and it also opens up the Wells Fargo credit cards to you.

Hat tip to Dawn from Sharetraveler for tipping me off to this bonus

wells__150_bonus_ATM

At the bottom of the coupon there’s a unique coupon code (cut off in the above photo)

Useful posts regarding bank bonuses:



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Jeff H
Jeff H

This is interesting in another respect. Almost all the Wells Fargo checking accounts I know of require a much higher minimum balance or total banking relationship. It used to be $5000 to $10000. A few years ago, they put the brakes on that asking those banking customers to upgrade to a minimum level in the $25000.

It now appears this may be a better offer if they do not change the rules in the future which historically, they have done every few years.

Link to Wells Fargo checking and related information
https://www.wellsfargo.com/checking/

Joshua Huang
Joshua Huang

Oh, I just did the $100 bonus offer last week!

Sam
Sam

Does it have to be at a branch or just an ATM will work?

J.
J.

An off site WF ATM worked for me

Ariel
Ariel

“You cannot be: a current owner on a Wells Fargo consumer checking account, a Wells Fargo team member, or a recipient of a consumer checking bonus in the past 12 months”

Theoretically, could a current WF account holder who has not received a bonus in over 12 months (either received one 12+ months ago, has an old account that’s many years old, or opened an account without a bonus less than 12 months ago) get the coupon from the ATM, close their account, and open a new one a day or two later? Unlike many other banking bonus terms, it doesn’t say you can’t have held an account in the last X months, just that you can’t had a bonus. So it seems you might be able to get the bonus if you have an account currently, as long as you don’t have an account at the time the coupon is used to open a new account.

Dan
Dan

Seems pretty clear to me that if you already have a WF checking account, regardless if you got a bonus on it at some point in the past or not, you are ineligible for this promotion due to the first bullet point under the restrictions.

Ariel
Ariel

My point was, what if you close your current account, wait a few days, and then apply? For example, my account is 5+ years old, so clearly I haven’t gotten a bonus in the last 12 months (and I never got one when I opened it, to begin with). So if I closed my account and then applied with this coupon, I would not be a current owner of a checking account, and wouldn’t have had a bonus in the last 12 months. Unless there are more restrictive terms than what is on the coupon that we’re not seeing, this might work.

Copper Douglas
Copper Douglas

I am wondering the same thing… Not really sure what those above didn’t understand about your question.

Kris
Kris

I just called the local branch (WA) and got this offer:

“Open a new consumer checking account with a minimum opening deposit of $50 in a Wells Fargo branch and complete 10 debit card purchases/payments OR establish a qualifying direct deposit of $500 or more”

For a $25 signup bonus.

Pass.

Dave
Dave

FYI – I did a balance check using PNC card. and got hit with a 3$ pnc fee.

Tan
Tan

Did you get the bonus offer?

Pete
Pete

Pulled $20 out of my Schwab acct with two ATMs at branches in San Francisco (one outside and one inside the branch). Only was offered $100

Stivelio
Stivelio

Thanks Chuck for another pretty reliable and helpful info. I got the 150$ offer with my ATM withdrawal in Dallas.

Han
Han

Where in Dallas did you get the $150 offer from? I am only getting $100 ones.

Kamal n
Kamal n

I just checked my account balance in wf branch in socal got nothing bummer

Le
Le

Pulled $100 out of WF Point Loma, San Diego and got nothing.

savemesf
savemesf

NYC, got $100 offer

Steve
Steve

Santa Ana CA, offered $100 only

Grey
Grey

Portland, $100

leo
leo

Any DP of northern NJ ATMs giving the offer? I tried a few and nothing.

Sean
Sean

Rockville, Maryland – Received $100 offer. Withdrew the minimum to get offer ($20)

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