Wells Fargo has endured many scandals. They were accused of unfairly charging customers overdraft fees. They have also been accused of opening credit card accounts and bank accounts without the customer's knowledge. The bank is now trying to make amends and attract new customers. That is why they are offering a $250 bonus to people who open a new checking account.
However, there are requirements that have to be met in order to qualify for the $250 bonus. You will need to open the account online and then make a deposit of at least $25. Keep in mind that this account cannot be opened inside of a branch in order to qualify for the $250 deposit.
You will also need to make at least 10 debit card purchases within 60 days of opening the new account. If you set up a direct deposit of at least $500, then you will not have to make 10 debit card purchases. Your salary, social security check, tax return and pension are examples of qualifying direct deposits. You will get the $250 credit within 45 days of meeting the aforementioned requirements.
This offer is for people who open an Everyday Checking account, which is a basic checking account. You will not qualify for this promotion if you have a business checking account. Keep in mind that there is a monthly fee of $10 per month. However, there are several things that you can do in order to waive this fee. If you have a monthly direct deposit of $500 per month, then this fee will be waived. You can also get this fee waived if you make 10 debit card purchases per month. Furthermore, you will not be charged a fee if you maintain a minimum balance of $1,500 per month.
It is important to note that this offer cannot be combined with any other offer. You must also have a valid taxpayer ID in order to qualify for a direct deposit. Additionally, you are unable to reproduce or trade this offer. You are responsible for reporting this credit on your taxes.
This is one of the best offers that the bank has made. Not only is $250 a bigger credit than most banks offer. In the past, Wells Fargo only gave customers a $100 credit. It is also easy to get the credit.
Many people receive an offer in the mail or an email saying that they could qualify for this credit. It is important to note that there are some people who will not be eligible for this credit. If you are a current Wells Fargo customer, then you will not qualify for this credit. You must also not be an employee of Wells Fargo. You can also receive one offer in a 12 month period.
You really do not have anything to lose by taking advantage of this offer. It is fairly easy to qualify for. You can also use the money for whatever you like. Furthermore, you are not obligated to keep the account open after you get your credit. You are free to close it after you get the bonus.
However, there are a few steps that you will have to take in order to close your account. You cannot close the account as long as there are pending transactions. You will need to make sure that your account has a $0 balance before you attempt to close it. You can transfer all of the funds to another account. After that, you will need to contact Wells Fargo and let them know that you want to close your account. Even though you are free to close your checking account after you get your bonus, you should wait a few days before you do this.
People who have received this bonus have been very happy with it. They like the fact that there were only a few requirements that needed to be met in order to qualify for the bonus. They also like the fact that they were able to get the money quickly. Wells Fargo has told customers that it can take up to 45 days in order to get the money. However, many people have been able to get their money much more quickly.
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