[Expired] Wells Fargo $150 Checking Bonus [Select Areas Only]

This bonus has expired, click here to view the best current checking bonuses.

Offer at a glance

Maximum bonus amount: $150
Availability: Enter zip code to see eligibility
Direct deposit required: None
Additional requirements: Debit purchases, see below
Hard/soft pull: Soft
ChexSystems: Mixed reports, likely doesn’t pull
Credit card funding: Can fund up to $50 online
Monthly fees: $10, waivable
Early account termination fee: None, don’t close account straight away please
Household limit: None
Expiration date: September 15, 2017

Contents

1 The Offer
2 Geographic Eligibility
3 The Fine Print
4 Avoiding Fees
- 4.1 Monthly Fee
- 4.2 Early Account Termination Fee
5 Our Verdict

The Offer

Direct link to offer

Receive a sign up bonus of $150 when you open a new checking account with Wells Fago and within 60 days complete both of the following two requirements:
- Make 10 debit card purchases/payments.
- Make two purchases that total at least $10 using the Wells Fargo Debit Card loaded to your mobile wallet.

Geographic Eligibility

Enter your zip code to check eligibility. The following areas are eligible:

Atlanta, GA; Austin, TX; Boise, ID; Charlotte, NC; Colorado Springs, CO; Columbus, GA; Denver, CO; Fresno-Visalia, CA; Ft. Wayne, IN; Greensboro, NC; Greenville, NC; Greenville, SC-NC; Harrisburg, PA; Hartford & New Haven, CT; Jacksonville, FL; Las Vegas, NV; Minneapolis-St. Paul, MN; Monterey-Salinas, CA; Norfolk, VA; Omaha, NE; Philadelphia, PA; Phoenix, AZ; Reno, NV; Richmond-Petersburg, VA; Roanoke-Lynchburg, VA; Sacramento, CA; Salt Lake City, UT; Seattle-Tacoma, WA; Spokane, WA; W. Palm Beach, FL.

The Fine Print

Not eligible for bonus if you are: 1) a current owner on a Wells Fargo consumer checking account; 2) a Wells Fargo team member; 3) a recipient of a consumer checking bonus in the past 12 months (limit 1 bonus per customer)
Bonus available in-branch or online
Initial deposit of $25 required during account opening
Transactions at an ATM or purchases/payments made using your checking account number and routing transit number through the Automated Clearing House (ACH) do not count as a debit card purchase/payment
The mobile wallet purchases can be made with Wells Fargo Wallet for Android, Android Pay, Apple Pay or Samsung Pay
Offer cannot be paid without providing a valid (W-9) and U.S. taxpayer ID number
Offer can not be combined with any other consumer deposit offer
Bonus will post to your new checking account within 45 days after eligibility and qualifications have been met
You are responsible for any federal, state, or local taxes due on your bonus and we will report as income to the tax authorities as required

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

Hopefully, most readers got in on the $250 Wells bonus earlier this year which disqualifies them from this bonus, as per the terms. If not, this is an easy $150 bonus.

I’m skeptical if we’ll see the $250 back, but who knows or maybe it’ll be back as a more targeted thing. Maybe the best plan is to keep an eye on this one until September (when it expires) and then pull the trigger if nothing better surfaces by then.

We’ll add this to our list of Best State-Specific Bank Bonuses.

Hat tip to r/churning

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