Have a bunch of cash just sitting in the bank earning little interest? Why not earn a large bonus on it by transferring to Wells Fargo?
Available nationwide, Wells Fargo is offering a $2,500 welcome bonus when you upgrade an existing consumer checking account to Premier Checking account or open a new Premier Checking account. Keep in mind, if you upgrade your account, you'll need to bring in $250,000 or more in new deposits to be eligible, which can be kind of steep if you already use Wells Fargo for your primary bank account.
What's more? If you have $500,000 or more in new money, use this link to earn a bonus of $3,500!
How To Earn The Bonus
The Wells Fargo Premier Checking promotion requires you to deposit and maintain a minimum balance in order to earn the $2500 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
- Must use bonus offer code at time of opening the account or upgrading.
- Not open to employees of Wells Fargo.
- You are not eligible for this bonus if you have received a Wells Fargo Premier Checking account bonus within the past 12 months.
Open a Premier Checking account before the bonus expires on January 7, 2025
How does this personal 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:
BMO
Smart Advantage Checking Account
- Bonus
- $300
- Account Type
- Personal Checking
- Expires In
- 45 days
- Requires
- Direct Deposit
TD Bank
Beyond Checking
- Bonus
- $300
- Account Type
- Personal Checking
- Expires In
- 131 days
- Requires
- Direct Deposit
Discover
Discover® Cashback Checking
- Bonus
- up to $360
- Account Type
- Personal Checking
- Expires In
- Limited Time
- Requires
- 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
Premier Checking
Premier Checking is Wells Fargo's most exclusive checking account and comes with a bunch of premium benefits.
With it, you'll earn interest on your deposits, as well as a relationship rates on linked CDs and savings accounts and new loans.
Premier Checking also comes with the most fee waivers. For example, there is no wire transfer fees, no fee for cashier's checks or money orders, no fee for stop payment requests, and more. You'll also receive unlimited ATM fee reimbursements.
Like all Wells Fargo checking accounts, Premier Checking requires a $25 opening deposit.
Fees
Premier Checking does charge a monthly maintenance fee of $35, but there are ways to get this waived:
- Have $250,000 or more in statement-ending qualifying linked bank deposit account balances (checking, savings, CDs, or FDIC-insured IRAs) and investment account balances.
Apply now for a Premier Checking account to earn the $2500 bonus offer
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