Wells Fargo Business Checking Account Bonus
Wells Fargo has a new promotion, offering up to $825 in cash for opening a new Business Checking account. The offer is available online and nationwide. It also doesn’t require a direct deposit, which makes things easier. Let’s see the details.
The Offer
There are two separate bonuses, with similar requirements. The only difference is the amount of money you need to deposit and the balance you need to keep for just over a month.
Here’ how it works:
- Open a new Initiate Business Checking account by May 5, 2026.
- Make a deposit to your new business checking account by day 30 and maintain that minimum daily collected balance through day 60 after account opening.
- $400 Bonus with $2,500 deposit and balance
- $825 bonus with $25,000 deposit and balance
- Wells Fargo will deposit the bonus into your new business checking account within 30 days after you have met all offer requirements.
Key Terms
- This offer is for new business checking customers only.
- This offer is for new business checking customers only. All account applications are subject to approval. Only the business entity is eligible for this offer.
- A business entity is not eligible for this offer if:
- The business entity is a current owner of a Wells Fargo business checking account or has closed a Wells Fargo business checking account in the past 90 days.
- The business entity has received a bonus for opening a Wells Fargo business checking account within the past 12 months.
- The business entity is owned in whole or in part by a Wells Fargo employee.
- If Wells Fargo, in its sole discretion, suspects promotional offer abuse it may close an account and not pay a bonus.
- You are responsible for any taxes due on the bonus. We will report the bonus as income to the tax authorities, as required by applicable law. If you are subject to backup withholding at the time of payment, we may withhold the required amount and remit to the tax authorities. For additional information, consult your tax advisor.
Conclusion
This is a simple bonus. You need to open a new account and then make the required deposit just before day 30. You then need to keep the required balance through day 60 in order to get the bonus.
The $400 bonus requires a deposit and balance of $2,500, while the $825 bonus needs $25,000. The $040 is the better return, but the $825 is still a very good bonus.
Based on information from comments at Doctor of Credit, it looks like it’s best to go in-branch if you are applying with SSN. Otherwise, online should work.
Let us know how it works out for you!
