Best Wells Fargo Checking, Savings Account Deals & Bonuses of 2023
Disclosure: This offer has an expiration date and there's a possibility it has been changed since this article has been updated. To make sure you are getting the current and best deal, check our bank deals page for other savings account promotions that might interest you.
Wells Fargo is a major national bank with one of the biggest branch networks in the country. You're likely to come across one of its branches of ATMs and its widespread presence may convince you to open an account. The bank does offer sign-up bonuses from time to time for its accounts -- mainly checking and savings accounts.
Find out what Wells Fargo deals and promotions you can take advantage of right now:
Wells Fargo Checking Account Deals
Wells Fargo Everyday Checking Account $200 Bonus
| Type | Details |
|---|---|
| Bonus Amount | $200 |
| Expiration Date | 6/29/2018 |
| Availability | Select U.S. Cities (see sign-up page for exact cities) |
| Credit Inquiry | Soft Pull |
| ChexSystems (Banking Report) Inquiry | Yes |
| Minimum Opening Deposit | $25 |
| Where to Apply | Promo Page |
Open a Wells Fargo Everyday Checking account and fund the account with a minimum opening deposit of $25 by June 29th, 2018. For three (3) consecutive months, you must meet all of these requirements to receive your $200 cash bonus:
- Make 10 posted debit card purchases/payments within first 45 days from account open
- Make 10 additional posted debit card purchases/payments within the next 30 days
- Make 10 additional posted debit card purchases/payments within the last 30 days
- Maintain a $1,500 minimum daily balance
Wells Fargo defines non-qualifying purchases and payments to be transactions made at an ATM, or purchases/payments made using your checking account number and routing transit number through the Automated Clearing House (ACH) network.
The bonus will be deposited into your account with 45 business days of completing these requirements.
Note: This offer is only available in the following states: TX, VA, SC, GA, NM, CA, FL, NC, ID, NV, and AZ
You are not eligible for this offer if you are:
- 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.
Wells Fargo Everyday Checking Account Fees
| Type | Fee |
|---|---|
| Monthly Maintenance Fee | $10 |
| Out-of-Network ATM Fee | $2.50 |
| Overdraft Fee | $35 |
| Overdraft Protection Transfer | $12.50 |
| Returned Item | $35 |
| Stop Payment | $31 |
| Deposited Item Returned or Cashed Check Returned | $12 |
| Incoming Domestic Wire Transfer | $15 |
| Incoming International Wire Transfer | $16 |
| Money Order | $5 |
| Cashiers Check | $10 |
Ways to Avoid the Monthly Fee
Wells Fargo Everyday Checking is the standard, basic checking account that is offered by Wells Fargo. It has a $10 monthly fee ($5 discount if you're age 17 to 24), but it can be waived with any of the following:
- 10 or more debit card purchases/payments
- Qualifying direct deposits totaling $500 or more
- $1,500 minimum daily balance
- A linked Wells Fargo Campus ATM or debit card (college students)
Compared to the leading online bank accounts
Wells Fargo Bonuses and Taxes
As required by the law, you have to report the earnings that you receive from bank account bonuses. In fact, Wells Fargo will mail a Form 1099-INT at the end of the year that includes the account bonus amount.
You'll have to pay taxes on the bonus that you received.
