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

Deal has expired, view more bank bonuses here, including a $400 Wells Fargo offer.

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 Checking^SM 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 Checking^SM 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.

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