Wells Fargo is offering a $2,000 bonus when you open a new Premier Checking account or upgrade an eligible existing Wells Fargo consumer checking account. To qualify, you must bring at least $250,000 in new deposits to qualifying linked accounts by day 45 and maintain a qualifying balance of at least $250,000 through day 90.
This offer is available nationwide, but you must get a unique bonus offer code online and visit a Wells Fargo branch to open or upgrade the account. The promotion ends January 13, 2027.
Wells Fargo Premier Checking $2,000 Bonus
- Bonus amount: $2,000
- Account: Wells Fargo Premier Checking
- Availability: Nationwide; branch opening or upgrade required
- Minimum opening deposit: $25 for a new account
- New-money requirement: $250,000
- Balance maintenance period: Through day 90 after opening or upgrading
- Offer expires: January 13, 2027
How to Earn the Bonus
- Use Wells Fargo’s official promotion page to request a unique bonus offer code.
- Bring the offer code to a Wells Fargo branch and open a new Premier Checking account or upgrade an eligible existing consumer checking account by January 13, 2027.
- If opening a new account, make the required minimum $25 opening deposit.
- Bring at least $250,000 in new deposits to qualifying linked accounts by day 45 after opening or upgrading.
- Maintain at least $250,000 in qualifying linked account balances through day 90.
- Keep the enrolled Premier Checking account open and unrestricted until the bonus is paid.
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What Counts Toward the $250,000 Requirement?
Wells Fargo says the balance can be spread across qualifying accounts linked to the lead Premier Checking relationship. Eligible accounts include:
- Consumer checking accounts
- Consumer savings accounts
- Time accounts, including CDs
- FDIC-insured IRAs
- Eligible investment accounts offered through Wells Fargo Advisors
Applicable Wells Fargo bank fiduciary accounts, custody accounts, and annuities do not qualify for the bonus. Certain investment accounts may also be ineligible. Premier accounts linked to another Premier account are not eligible for this offer.
New deposits received into qualifying linked accounts up to seven calendar days before the bonus offer code is applied may count toward the offer. Funds already held at Wells Fargo generally will not count as new deposits simply because they are moved between Wells Fargo accounts.
Who Is Eligible?
The promotion is for customers opening a new Premier Checking account or upgrading an eligible existing Wells Fargo consumer checking account. Only the primary owner of the lead Premier Checking account may receive the bonus. Wells Fargo says both new and existing customers may qualify, provided they meet the offer terms.
You are not eligible if you received a Wells Fargo Premier Checking bonus during the previous 12 months, are a Wells Fargo employee, or are a nonresident alien or foreign entity signing an IRS Form W-8. The offer is limited to one bonus per new or upgraded Premier Checking account.
When Will the $2,000 Bonus Be Paid?
Wells Fargo says it will deposit the $2,000 bonus into the enrolled Premier Checking account within 30 calendar days after you meet all requirements. The account must be open and unrestricted when the bonus is paid.
The bonus is taxable income, and Wells Fargo says it will report it to tax authorities as required by law. Backup withholding may apply when required.
Premier Checking Monthly Fee
Premier Checking has a $35 monthly service fee. You can avoid the fee during a fee period by maintaining at least $250,000 in statement-ending qualifying linked consumer deposit and investment balances.
The monthly-fee balance test is separate from the bonus requirements. Wells Fargo specifically says the steps to earn the bonus and the steps to avoid the monthly fee are separate, so meeting one does not automatically satisfy the other in every fee period.
Premier Checking Benefits
- Access to a dedicated Premier service team and 24/7 phone support
- Relationship interest rates on certain savings accounts and CDs
- Wells Fargo ATM withdrawal fees waived worldwide, plus reimbursement of fees charged by non-Wells Fargo ATM operators
- No Wells Fargo fee for eligible domestic and international wire transfers
- Mortgage closing-cost credits or interest-rate discounts may be available based on eligible assets
- Monthly service fees waived on certain eligible linked checking, savings, and business accounts
Investment products offered through Wells Fargo Advisors are not FDIC-insured, are not bank deposits or obligations, and may lose value. Certain investments or investment accounts may not qualify for linking.
Important Exclusions
- You must present the unique offer code when the account is opened or upgraded.
- The offer cannot be combined with another consumer deposit promotion.
- If an existing Wells Fargo checking account has a bonus pending, upgrading it for this offer will forfeit that pending bonus.
- The offer code cannot be reproduced, purchased, sold, transferred, or traded.
- Wells Fargo may deny or reverse a bonus or restrict or close accounts if it suspects promotional abuse.
- Wells Fargo may change or discontinue the offer without notice.
Is the Wells Fargo $2,000 Bonus Worth It?
The $2,000 bonus equals 0.8% of the required $250,000 balance before taxes. That is the bonus as a share of the balance; it is not an annual percentage yield. Your actual value depends on how long you keep the money at Wells Fargo and what interest or investment return you give up elsewhere.
This offer may make sense if you already plan to move at least $250,000 to Wells Fargo and can keep the money in accounts that fit your needs. It may be less attractive if you would have to move funds out of a substantially higher-yielding account or sell investments solely to earn the bonus. Compare the bonus with any lost interest, investment costs, taxes, and the account’s $35 monthly fee if your qualifying linked balances fall below the fee-waiver threshold.
Bottom Line
The Wells Fargo Premier Checking offer provides a sizable $2,000 bonus, but it requires $250,000 in new deposits to qualifying linked accounts, an in-branch visit, and maintaining at least $250,000 through day 90. Get the offer code first, complete the account opening or upgrade by January 13, 2027, and review the monthly fee and investment risks before moving your money.
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