Available nationwide, Wells Fargo is offering a $825 welcome bonus when you open a new business checking account and maintain a minimum balance. Though, not as good as the time back in 2022 when they offered a $1,500 bonus, it's still a very solid offer.
If you have lower balances and will struggle to meet the threshold for this bonus, consider Wells Fargo's $400 bonus offer instead.
How To Earn The Bonus
The Wells Fargo Business Checking [Higher Balances] promotion requires you to deposit and maintain a minimum balance in order to earn the $825 bonus (step-by-step breakdown is listed above!).
As with any offer, don't forget to read the fine print before opening your new account. It's where the bank will clearly state who is eligible for the deal along with any nuances you'll want to be aware of.
The fine print
- The bonus offer code must be used at account opening.
Open a Business Checking [Higher Balances] account before the bonus expires on June 30, 2025
How does this business checking offer from Wells Fargo compare?
To help you determine how this bonus stacks against the rest, here are some of the most popular offers available right now:
Chase
Chase Business Complete Checking®
- Bonus
- up to $500
- Account Type
- Business Checking
- Expires In
- 88 days
- Requires
- Min Balance
- Card Spend (optional)
U.S. Bank
Business Checking
- Bonus
- up to $900
- Account Type
- Business Checking
- Expires In
- 71 days
- Requires
- Min Balance
- Bill Pay (optional)
- Card Spend (optional)
Axos
Business Interest Checking
- Bonus
- up to $400
- Account Type
- Business Checking
- Expires In
- 163 days
- Requires
- Min Balance
- Bill Pay
- Card Spend
Why Wells Fargo Bank?
No matter how you look at it, Wells Fargo is huge. It's the fourth largest national bank in the United States and the 26th largest corporation of any kind.
With 13,000 ATM locations and 5,300 full-service branches, Wells Fargo has more brick and mortar locations than any other financial institution in the country. The bank also operates internationally, with a presence in 35 countries and over 70 million global customers.
Wells Fargo is based out of San Francisco, California, and offers bank accounts, credit cards, investment and retirement accounts, personal loans, wealth management services, and more.
Learn more in our Wells Fargo Bank review
Initiate Business Checking℠
Navigate Business Checking℠ is Wells Fargo's entry-level business checking account for starting businesses. It also comes with no fees for the first 100 transactions per fee period, after that it's $0.50 each transaction. You'll also see no cash deposit processing fee for the first $5,000 deposited per fee period; from there it's $0.30 per $100 deposited.Fees
Initiate Business Checking℠ does charge a monthly maintenance fee of $10, but there are ways to get this waived:
- Maintain a $500 minimum daily balance.
- OR, maintain a $1,000 average ledger balance
Navigate Business Checking℠
Navigate Business Checking℠ is Wells Fargo's middle tier business checking account for growing businesses. It also comes with no fees for the first 250 transactions per fee period, after that it's $0.50 each transaction. You'll also see no cash deposit processing fee for the first $20,000 deposited per fee period; from there it's $0.30 per $100 deposited.Fees
Navigate Business Checking℠ does charge a monthly maintenance fee of $25, but there are ways to get this waived:
- Maintain a $10,000 minimum daily balance.
- OR, Maintain $15,000 average in combined business deposit balances.
Optimize Business Checking℠
Optimize Business Checking℠ is Wells Fargo's upper tier business checking account for sophisticated businesses. It also comes with no fees for the first 250 transactions per fee period, after that it's $0.50 each transaction. You'll also get access to treasury management services and benefits that reward your banking relationship. Up to 5 linked Optimize Business Checking accounts are included under 1 monthly fee.Fees
Optimize Business Checking℠ does charge a monthly maintenance fee of $75.
While you may not be able to avoid this fee, it can be reduced by doing the following:
- Earning allowances determined by your investable balance may offset some or all of the monthly fee.
Apply now for a Business Checking [Higher Balances] account to earn the $825 bonus offer
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