Posted by Chuck on May 19, 2017
Bank Account Bonuses

Published on May 19th, 2017 | by Chuck

111

[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

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

 

Useful posts regarding bank bonuses:



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trevor
trevor

Anyone know how strict are they on the 12 months? Got a bonus in June 2016… is it 12 months? 365 days?

MontyFC
MontyFC

Can’t say about this particular offer, but my SO received $250 promo in Feb and $500 promo in May. She closed the first account and opened the new one after 3-4 weeks.

Anna
Anna

Damn, how did I miss the $500 promo?

Gadget
Gadget

It wasn’t on most people’s radar because it clearly said it was targeted, and came out when everyone was sucking up the $250’s. That, I think it required gobs of cash, and wasn’t known for sure if you could deposit/withdraw to rinse/repeat enough times to get the bonus.

Dave
Dave

There doesn’t seem (?) to be a residency restriction, i.e. I happen to visit one of the specified towns, and could open an application in-branch with the confirmation code that was emailed to me?

James
James

Anyone get a bonus while having a currently open account?

Nick
Nick

So I don’t live in a eligible area, but if I put in a valid zip code, it lets me through to the next page where you are asked to put in your zip code again. On that page, I put in my actual, ineligible zip code and I am able to move forward and apply for a checking account with the promo code ‘LOOK17’ attached. I am wondering if I will still get the bonus if I open up the account this way… any thoughts?

Nick
Nick

I went ahead and opened an account, pending verification. Will have DP soon if opening is successful.

trevor
trevor

Just curious – where do you see the promo code was attached? I got to the point of putting funding info, but didnt see any code to backed out for now.

Nick
Nick

As long as you see it before you start application, you are fine. It shows on the 2nd page that says ‘Enter offer details ‘ where you have to enter your zip code again. It also confirms it in the confirmation email and lists out the requirements to receive the bonus. Hope this helps!

Josh
Josh

Mine opened sucessfully in an invalid zip code. Now to get the bonus

MontyFC
MontyFC

@Josh,

Did you get the bonus w/ invalid zipcode?

Josh
Josh

They did not take my opening deposit even though they authorized my CC but everything just posted two days ago.

Tarun
Tarun

Josh, how long after did you complete the requirements did you get the bonus?

James
James

Did you close your previous accounts?

Ann
Ann

Can you say more about what kind of transfers set them off?

kt
kt

this I can related. wells fargo is very conservative. for a newly opened account they usually have a 2 weeks hold for each check you deposit. and they normally don’t approve credit card unless you have a quite amount of fund in your deposit accounts.

Eric
Eric

You wrote “one of hers”. Are you saying that your wife had multiple checking accounts open at the same time and each received the $250 bonus?

Jim
Jim

I also did the $250 offer earlier this year, and decided to test my luck with this one. I was approved, and under my application info on the approval page appears the following:

“Offer status: Your bonus offer code has been linked to this application.”

Fingers crossed.

MontyFC
MontyFC

@Jim,

Did you get the bonus? Were you in the targeted area?

Jim
Jim

Monty,

Haven’t completed all of the requirements yet as I’ve been out of town. I’ll try to update when I do.

Jim
Jim

An update: I will hit the 60 day mark in 3 days, and believe I had met the requirements as of 2 weeks ago. No bonus yet.

The two mobile wallet purchases I made were through the Etsy app on my phone, so I’m fairly certain they should count.

Going to make another couple of purchase using Android Pay in stores tomorrow to be sure…..but this doesn’t look promising.

AKSF
AKSF

You last updated July 15th. Anything since then?

Jim
Jim

I have not yet seen any bonus posted as of today. Think I might go ahead and SM them at this point; no harm in it.

Gadget
Gadget

Here is the DP I am interested in…

Anyone else not able to use a mobile wallet? Will two “regular” store purchase swipes on the debit card work to trigger bonus?

Background: My phone is not NFC capable – it does not have that chip, so mobile pay “tap” is not available to me. (Moto G4) And, before someone says I can still install the pay app and just buy two things online, the android pay app won’t install on my phone. Being a gadget geek, I rooted my phone when I bought it, and now because the bootloader is unlocked, the pay app won’t even install. Error says my phone cannot be trusted… I am sure there is a good joke there somewhere.

AM
AM

In the same boat as you. I asked a friend to use her iPhone for this purpose. I said I’d buy her a sandwich for free if she did. She said yes.

Gadget
Gadget

LOL. Mark it up as the cost of bonus chasing. $6.99 footlong.

M. Smith
M. Smith

I, too, don’t have a phone that will work with their mobile app. What’s the cheapest phone I can get that works with Android Pay?

cm

It seems like with Android Pay, you get assigned a new virtual CC# by the issuing bank (e.g., by Wells Fargo), which is linked back to your original debit card. However, if the list of authorisations is to be trusted, it looks like, at least statement-wise, it gets reported as a transaction on your debit card (e.g., the last-4 on the statement don’t match the last four on the receipt).

So… I’m pretty sure they could tell; on the other hand, they might as well have some holes in this qualification.

Jake
Jake

Here’s the thing:

All my Wells Fargo Debit Cards say “Valued member since 1998”. My parents opened a savings account for me the year I was born, and since I’ve used them as my primary bank. For the past year I’ve been going after bonuses, and actually like the banks I’ve signed up for. Wells Fargo is trash i comparison IMO. The only thing I like is since they are such a large bank, brokerage login/deposits and such can be done very quick. However, I now have a Chase account for that. On to my question….

Is being a “Member” for that long even worth it? I’ve seen no added benefits to it. Should I close my account and in a few weeks go after this bonus? I don’t see a time restraint on accounts.

Gadget
Gadget

IMO, Having history with a bank can sometimes help with getting a loan or credit card when you are not a stellar credit risk – ie lack employment history or a missed payment/bounced checks very infrequently. However, if your credit is clean & you have an established FICO score, and you have good income, banks aren’t usually going to turn you away for whatever you want, within reason.

Given that you are only about 19… your a higher risk. It might be better to chase bonuses elsewhere and keep your “clean record” with WF for now, unless you are “well-off” (know that you can get financing elsewhere or parents have good credit and can co-sign for the immediate future). Banks can be your best friend when you need them, or a real jerk if they desire. Personally, I keep my brick and mortar bank record clean, and churn everyone else that I can live without.

But then again, no risk – no reward…. . Looking for DP’s at your age are going to be hard to come by. My current experience says banks are not keeping a good track of bonus chasers, but it’s anyone guess when that might change.

Jake
Jake

Gadget,

Thank you for the reply and insight! That is good advice to keep in mind. You’re right as to why it may not be worth it, but that EASY $150 is realllly tempting me lol.

Cole
Cole

Anyone ever use one spouses (1) paycheck to deposit into another spouses (2) account, without spouse (1) being on the account? to manage to do DD? My wife doesn’t work outside the home.

Cole
Cole

or can spouse 1 almost always be added as a joint without it breaking the terms of conditions for spouse 2? and managing to get double bonuses.

MarcoPolo
MarcoPolo

@Cole
Your wife have to open a separate account under her name in order to get the bonus.
Joint account will NOT give you two bonuses.
This account does not have a Direct deposit requirement but you can fund the money from your account or send them a check.

Bhanna
Bhanna

I live in an eligile area… applied online. CC funding is indeed limited to $50.

Typically application proceses… maybe slightly shorter than most… After funding page was asked three personal verification questions that were pretty easy. After that, got to a page that says “Thank you for submitting your application, Bishoy. Application Reference Number: ______________________ Status: Once we verify your information for this account, we’ll email you the status of your application and send a follow-up letter by mail within 2 to 5 business days of our decision.”

Also received an email saying more or less the same thing… Should hopefully be a pretty straight forward $150 in the bank…

Have not had a WF account within the past 6 month.

Have around 13-15 (?) recent inquires?? plus or minus

Will Ryan

Just to confirm:

“There is no early account termination fee.”

That means we can close the account immediately after receiving the bonus, right? With no penalty?

Gadget
Gadget

The somewhat “popular opinion” is to keep the account open at least for a little while (few months) to appease the banking gods, and maybe earn some bank karma. It’s not that hard to keep the account fee free, and ACH transfers in & out are free, which is great for bank bonus chasing at other banks by counting as a DD at most banks.

The other, less popular, opinion is to say screw WF and close the account as soon as the bonus posts – because they are rotten liars, jerks, cheats, etc. But by doing this, that could bite the hand that feeds, for not just you, but the readership here that enjoys collecting these bonuses for just some mild discomfort.

I would never recommend reusing the exact same promo multiple times, as you are just asking to get a “clawback” or worse, maybe labeled as a fraudster. So what’s the point of closing the account so soon?

justdoit
justdoit

Thinking about closing my old WF account to go for a bonus. Any reason not to close? They have many local branches so I sort of need them for free ATM access.

Adrian
Adrian

I just closed my account from the $250 bonus last week, and I’m thinking about applying for this one to test the 12 month language as well.

If you’re concerned about free ATM access, why not open a Charles Schwab brokerage account? It comes with a free checking account that has unlimited ATM reimbursements each month. Oh this ATM wants to charge me $5? Go ahead. Oh you know what, I forgot to check my balance, another $3 for that? Be my guest. This strip club wants to charge $10 to take out $1000 that I’m going to regret later? Do it! Doesn’t matter how much the fees are or how many; my highest to date was $55 in fee refunds.

The downside is it requires a hard pull, but I opened mine about 3 years ago and have never looked back. Their CS is stellar as well and you will have a U.S. based rep who knows what they’re talking about within minutes.

There is also a signup bonus going on:

https://www.doctorofcredit.com/charles-schwab-100-checking-account-bonus-no-monthly-fees-no-international-atm-withdrawal-fees-atm-fee-reimbursements/

Tarun
Tarun

Charles Scwab is a good option, however, you cannot deposit cash. For that you need a brick and mortar account. The only two banks that are ubiquitous around the country are bank of America and wells fargo. You can also do a credit union that shares all point atms, in this case there will usually be a hold on cash deposit. For people who only deal in DDs and checks, Charles schwab is a good one.

Evan
Evan

Wow, Wells Fargo denied me for the account. This is the first time that I’ve ever been denied for a bank account. Clean credit reports, mid 700s credit scores, no prior negative information with Wells Fargo, no problems ever opening accounts with local credit unions, Navy Federal, BoA, Chase, Citi. Whatever, I must not be the kind of customer that Wells Fargo wants as they try to rehabilitate their tarnished image. I guess it wasn’t meant for me to have that $150. Onwards to BMO Harris. 😉

Gadget
Gadget

I would pull your EWS report. In my experience, that is where the big banks get their data (not Chex; that’s where all the other banks go for checking account data). I would also try to pin them down on why they denied you, but that can be a dead-end road. I not sure why, but for some reason banks like to keep the “formula” a secret.

Evan
Evan

Thanks for the suggestion. I’ll certainly look to pull my EWS report. You’re right about trying to pin then down for a reason being a dead end. I was on the phone with an analyst for 10 minutes and got absolutely nothing of use. I hit their Twitter up just for giggles and they took my information and then never bothered getting back with me. LMAO!

MoreSun
MoreSun

I did the 250 a few moths ago, I live in a targeted area. App was instantly approved and acct number was given on confirmation screen that also said bonus code was linked. Email confirming all that came a couple mins later. New acct isn’t showing on my WF login yet. Opening deposit is pending on my CFU. I’ll report back if the bonus actually posts.

MoreSun
MoreSun

Acct showed up on my old login today. Odd thing is I now I have 2 WF opening deposits pending on my Chase account, 50 from today and 50 from the day I opened. Hope that straightens itself out!

Gadget
Gadget

Noticing we are short on data points here. I have one more step to get my checking promo requirements complete. I had to get out my old motorola NFC-capable phone that was not rooted and was able to get one mobile wallet purchase done using Android Pay so far. I don’t have the phone active (no SIM installed), but was able to use the store/restaurant wi-fi to complete one tap purchase. So, DP: Android Pay will work over Wi-Fi only, if you have a non-active phone.

I also found it interesting that from the WF login, an Android Pay transaction looked exactly like a normal debit card purchase.

Also of interest, when I installed the WF bank android app, an offer/ad was displayed offering a $10 bonus for ANY purchase using Well Fargo Wallet for the first time. I installed it, and now have to do a purchase there also, but the checking bonus is my priority. I went back into my phone’s “tap to pay” settings and enabled Android Pay as the default wallet, because I am not sure if Wells Fargo Wallet will count for the checking bonus requirements. It’s not listed in the checking promo fine print (Android, Apple, Samsung are listed), but it would be nice to know if I could kill two birds with one stone and get the first-use Wells Fargo Wallet and mobile wallet checking bonus done in one remaining transaction vice two. Anyone know?

Gadget
Gadget

Re-read the fine print. Wells Fargo Wallet™ is listed as a qualifier for the mobile wallet portion of the checking promo.

So, DP: Wells Fargo Wallet™ should count, but first, install the Wells Fargo app and look for an ad stating $10 bonus for first purchase using Wells Fargo Wallet™. I will report the results of checking and $10 WF wallet bonus.

Gadget
Gadget

Did 2nd mobile transaction, this time with WF Wallet. Debit transaction is pending, and also pending $10.00 credit “Wells Fargo Wallet Incentive 06-06-17 INCT0eb85”.

MoreSun
MoreSun

In my WF account my Apple Pay transactions looked exactly like a normal debit card purchase too. My purchases posted yesterday, I’ll update if I get the bonus.

MontyFC
MontyFC

I thought the $10 mobile app promo was specifically for Wells Fargo wallet which works only on Android. Will be good if it works for your iPhone but the DoC post on this was for Android only.

MoreSun
MoreSun

Didn’t see anything on my iPhone about the $10 promo, I was only going for the $150 bonus and using my debit card via my Apple wallet should qualify for that.

Rena
Rena

How did you add your card to Android Pay with no SIM?

When I tried, I got to the “verify your card” part and the only option it gives me is “call your bank” but I can’t call without service.

Rena
Rena

Never mind, I found out that the temporary card can’t be added to android pay.

Gadget
Gadget

It’s my old phone that had a SIM at one time, but I had no issue installing Android Pay, and Wells Fargo Wallet, and activating my card, over WIFI at home without a SIM. Used McDonalds Wi-Fi to buy some cheeseburgers, no issue, other than being clumsy trying to hold up my phone to the credit card terminal. Felt like it takes longer than expected to show the checkmark, but worked eventually. The girl at the counter never saw that work before, so either she was new, or not a lot of people in my area are using mobile wallet. It’s interesting, but I will stick with my (credit) card in my hand for future purchases.

Now just waiting and wondering when I will get the checking account bonus payout. Doesn’t seem like anyone is posting about getting the payout.

Rena
Rena

Thank you. And someone a few posts below got the bonus, it took about three weeks.

William Charles

Did anybody successfully get the $150 bonus yet? Preferably somebody that has gotten another WF bonus in the last 12 months.

Adrian
Adrian

Opened 2nd WF checking account last week so I should be receiving the debit card this week.

I will be sure to update this thread with my DP. WF was quick to pay out the $250 bonus so I can only assume this one will be the same if successful.

Adrian
Adrian

Met the 10x debit card transactions and 2 Google Wallet purchases for $10 requirements this morning. I got the $250 bonus the day after meeting all reqs so I will update either way.

Gmoney
Gmoney

Adrian, did you receive the bonus?

MoreSun
MoreSun

My transactions posted 6/5. No bonus yet. I haven’t seen anybody on the Reddit thread get this bonus yet either.

Will Ryan

Account opened 5/19. Bonus posted to my account 6/9.

Awesome…

MoreSun
MoreSun

Congrats! Did you do previous bonus in last 12 months? How did you fullfill the mobile req? (I used Apple Pay but it posted looking same as normal debit card purchase).

Will Ryan

I’ve never had a bonus with Wells Fargo before. I had an account but closed it a couple years ago. For the mobile I used Apple Pay at Starbucks twice. I’m actually glad they required that. I never tried Apple Pay and I really liked it.

Rena
Rena

When I tried to do an Amazon gift card reload I got this message:

We’re sorry!

An error occurred when we tried to process your request. Rest assured, we’re working to resolve the problem as soon as possible. If you were trying to make a purchase, please check Your Account to confirm that the order was placed. We apologize for the inconvenience.

Is it because the amount I’m reloading is too small (a dollar)? Or am I just not doing it correctly?

MoreSun
MoreSun

I did $0.50 re-loads. Maybe Amazon is having tech issues (again) and try tomorrow?

MoreSun
MoreSun

*I did them last week, not right now

Rena
Rena

Thanks, I’ll try again later.

Pikaru
Pikaru

North Las Vegas worked. Zip 89081

MoreSun
MoreSun

I went in store to make 2 transactions using Apple Pay at Starbucks to see if it would code differently than when I did it via Apple Pay in the app but they still appear as “Purchase Starbucks Card####” same as they did when I did the purchase on the app. Reddit has a report of someone getting the bonus 4 days after completing req’s. I’m hoping the in-app Apple Pay purchase on Starbucks didn’t trigger the bonus for me and the in store purchases will but if I don’t have the bonus by the end of next week it will seem their system is finally updated to prevent bonuses going out if you already got one.

MoreSun
MoreSun

No go. I say they fixed it, my final purchases posted 6/13, no bonus. (Live in targeted area, got a WF bonus a few months back).

Stacy
Stacy

Same here. Final purchase on 6/12, targeted area, got bonus within 12 months~ nothing so far.

mike
mike

also no bonus. been 9 days.

Steve
Steve

Is there a way to meet the mobile wallet requirement without using a phone? None of the apps work on my phone.

Ann
Ann

Nope. Only workaround is if you have a close friend with a compatible phone who would let you borrow it to temporarily install and use the app.

Rena
Rena

Bonus showed up on my account (pending) two days after all my transactions posted.

MontyFC
MontyFC

Were you in the targeted area? Did you receive any other bonus recently from WF?

Rena
Rena

Very near a targeted area; never had anything Wells Fargo before.

Ann
Ann

I did another Wells Fargo bonus back in January and kept the account open. Those nuts have now decided that my WF debit card, which I never used except for activating it by phone after they bugged me to repeatedly (I met the bonus requirements purely by ACH), has been potentially compromised and needs to be replaced. Not sure what to think about this.

Trippy
Trippy

What is possible with a non NFC capable phone? I have an Android.

Ann
Ann

You can only make mobile payments with a phone that has the NFC chip built in. Only workaround is if you have a close friend with a compatible phone who would let you borrow it to temporarily install and use the app.

Trippy
Trippy

Thanks, probably will just let it go then.

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