Wells Fargo $100 ATM Checking Bonus – Direct Deposit Not Required

Offer at a glance

• Maximum bonus amount: $1oo
• Availability: In branch after receiving promo from Wells Fargo ATM [Branch locations]
• Direct deposit required: Optional
• Additional requirements: See below
• Hard/soft pull: Soft
• ChexSystems: Mixed reports, likely doesn’t pull
• Credit card funding: Cannot fund in branch
• Monthly fees: $10, waivable 
• Early account termination fee: None, don’t close account straight away please
• Household limit: None
• Expiration date: April 15th, 2017

The Offer

No direct link, must get the offer from a Wells Fargo ATM by using a non Wells Fargo debit card.

• Wells Fargo is offering a checking bonus of $100 when you complete one of the following requirements:
  • Complete ten debit card transactions [Read: How To Meet Minimum Debit & Credit Transaction Requirements]
  • Receive a direct deposit of $500 or more

The Fine Print

• Valid until April 15th, 2017
• Cannot be:
  • Current owner on a consumer checking account
  • A Wells Fargo team member
  • A recipient of a consumer checking bonus in the past 12 months
• All bank account bonuses are treated as income/interest and as such you have to pay taxes on them

Avoiding Fees

Monthly Fee

The Everyday Checking account comes with a $10 monthly fee. Get the fee waived with one of the following:

• 10 debit card purchases and/or payments each statement cycle from this checking account, OR
• Direct deposits totaling $500 or more each statement cycle, OR
• Maintain a $1,500 minimum daily balance, OR
• Link checking account to a Wells Fargo Campus ATM or Campus Debit Card

If you have a Wells mortgage, you might be able to get a higher-level account with no fees.

Early Account Termination Fee

There is no early account termination fee.

Our Verdict

There has been several $250 checking bonuses from Wells Fargo recently. You’d be better off waiting for one of those to return (hopefully) I imagine most readers have already signed up for a Wells Fargo account recently anyway. Because of those reasons I won’t be adding it to our list of the best bank account bonuses. Some people have been able to successfully get a second bonus without waiting the 12 month period, but YMMV.

Big thanks to reader anon who let us know. Learn how to find bonuses and contribute to the site here.

Useful posts regarding bank bonuses:

• A Beginners Guide To Bank Account Bonuses
• PSA: Don’t Call The Bank
• Introduction To ChexSystems
• Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
• What Banks & Credit Unions Do/Don’t Pull ChexSystems?
• How To Use Our Direct Deposit Page For Bank Bonuses Page
• Common Bank Bonus Misconceptions + Why You Should Give Them A Go
• How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
• Affiliate Links & Bank Bonuses – We Won’t Be Using Them
• Complete List Of Ways To Close Bank Accounts At Each Bank
• Banks That Allow/Don’t Allow Out Of State Checking Applications