Posted by William Charles on July 23, 2018
Bank Account Bonuses

Published on July 23rd, 2018 | by William Charles

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Wells Fargo $200 Checking Bonus – No Direct Deposit Required [Dallas, TX, Orlando, FL and Phoenix, AZ]

Offer at a glance

  • Maximum bonus amount: $200
  • Availability: Dallas, TX, Orlando, FL and Phoenix, AZ only. It will say if your zip is eligible on the landing page
  • Direct deposit required: Optional
  • Additional requirements: 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, avoidable
  • Early account termination fee: None
  • Household limit: None
  • Expiration date: February 28th, 2019

The Offer

Direct link to offer

  • Wells Fargo is offering a $200 bonus when you open a new everyday checking account and complete one of the following requirements:
    • Set up and receive at least three consecutive monthly direct deposits of $500 each within 150 days of account opening.
    • Use your Wells Fargo Debit Card to make 10 posted purchases or payments each month of at least $1, for three consecutive months within 105 days of account opening.

The Fine Print

  • All consumer checking accounts except Teen CheckingSM are eligible for the $200 bonus when opened in a branch. The prepaid Wells Fargo EasyPay® Card is not eligible.
  • Everyday Checking is the only eligible account for the offer when opened online. If you do not qualify for Everyday Checking, but do qualify for Opportunity Checking®, this offer can still be applied to the Opportunity Checking account.
  • You cannot be:
    • A current owner on a Wells Fargo consumer checking account.
    • A Wells Fargo team member.
    • A recipient of a consumer checking bonus in the past 12 months (limit 1 bonus per customer).
  • All consumer checking accounts except Teen CheckingSM are eligible for the $200 bonus when opened in a branch. The prepaid Wells Fargo EasyPay® Card is not eligible.
  • Everyday Checking is the only eligible account for the offer when opened online. If you do not qualify for Everyday Checking, but do qualify for Opportunity Checking®, this offer can still be applied to the Opportunity Checking account.
  • You cannot be:
    • A current owner on a Wells Fargo consumer checking account.
    • A Wells Fargo team member.
    • A recipient of a consumer checking bonus in the past 12 months (limit 1 bonus per customer).
  • OR

    • Within 105 days of account opening, make a minimum of 10 posted purchases/payments per month, of at least $1 each, with your new Wells Fargo Debit Card for three consecutive months.
      • 10 posted debit card purchases/payments within first 45 days.
      • 10 additional posted debit card purchases/payments within the next 30 days.
      • 10 additional posted debit card purchases/payments within the last 30 days.
    • The 30 posted debit card purchases/payments must be from the primary linked consumer checking account opened for this offer.Included:
      • Debit card purchases made using PIN, signature, online, phone or mobile wallet.
      • Debit card payments including one-time or recurring. Examples: utility bill/gym membership.

      Not Included:

      • Any transaction at an ATM (Wells Fargo or non-Wells Fargo). Automated Clearing House (ACH) transactions. ACH transactions are set up using your checking account number and routing number—NOT a debit card number.
    • Offer subject to change and may be discontinued at any time.
    • Offer available only in the following participating locations: Dallas, TX, Orlando, FL and Phoenix, AZ, and online at www.wellsfargo.com/bonusoffer
  • All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fees

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

This deal is worth doing if you live in a targeted area, sometimes it’s available nationwide but it’s always pulled quickly when that’s the case. They have offered bonuses of $250 and $300 in the past though, but those are rare and usually require direct deposit. I’ll be adding this to the best state restricted checking bonuses.

Big thanks to reader, Aggie12 & newbie who let us know. Learn how to find bonuses and contribute to the site here.

Useful posts regarding bank bonuses:



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Ken
Ken

Poor timing for us. We’re traveling full time in a week and just setup our new mailbox. No way we’d get everything delivered to our current address before we leave, and our current ID matches the current address and not the new address.

Ann
Ann

Maybe set up forwarding from your current address to the new address?

Ken
Ken

Already have it setup, but I don’t trust USPS here since we’re still getting mail from the previous tenants a year later and we got all their forwarding confirmations forever ago too.

austin
austin

fuck how i can tell when the last time i received a bonus

Ann
Ann

Search your emails?

emergdoc67
emergdoc67

Keep better records moving forward

Britchurner
Britchurner

So would this work if I’m out of state, but were to visit the targeted area? (Using my out of state addresss).

Ann
Ann

Sounds like it could work, might be worth a try if you’ll be in the area anyway.

AD
AD

You have to get an offer code emailed to you to open it in branch. That requires you to put in your zip code and if you use a zip code outside the targeted area it says you’re not eligible.

emergdoc67
emergdoc67

Are you sure about that? Multiple people including myself have inserted zip codes that are not in the cities and then sent a promo code

AD
AD

I tried my zip code and received the ineligible message. Does your zip code also work for the online application?

Snorlax
Snorlax

I’m from Chicago, but if I drive to Dallas to open an account in Dallas, will thy let me?

Parts Unknown
Parts Unknown

Damn, I feel like I have to do this one since I live in one of the 3 chosen cities…

Oz
Oz

Live in Houston. Tried to use a zip from Dallas. Able to continue to application. Says I am eligible for the bonus. Will find out after 3 months 🙂

Rich
Rich

I assume that by “A recipient of a consumer checking bonus in the past 12 months (limit 1 bonus per customer).” that I would be ok even if I received the business checking bonus in last 12mo?

Paul
Paul

I have the same question.

Yet Another Redditor

I put in a Dallas zip code and found the application has a promo code of 3PD200. Will try it in when i am in Dallas next month to see if this works.

Rich
Rich

Data point: Account opened on 6/18. All 30 purchases accomplished on 9/9 and bonus posted today.

Sammy
Sammy

DP: Opened Wells Fargo Account Online 7/24 via my Phoenix Zip-Code. Did 10 $1 Amazon reloads per month the first 45 days of the offer, 30 days after, and finally within the last 30 days of the terms. $200 bonus was credited today 10/17 as “Promotion Bonus”

Lia
Lia

I signed up for the 30 posts within 105 days offer. Need to make 10 purchases/payment within first 45 days. Anyone knows how strict it is? I just found I missed 1 post during the first 45 days, even though I think I will have at least 30 posts within 105 days.

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