*How to qualify for your $525 bonus
This offer is for new savings customers only. All Wells Fargo consumer
savings accounts are eligible for this offer with the exception of Time
Accounts (CDs) and savings accounts offered by Wells Fargo Private Bank.
You must use your bonus offer code at account opening when you apply for a
new eligible Wells Fargo savings account.
You are not eligible for this offer if:
- You are a current owner of a Wells Fargo consumer savings account
You have received any other consumer savings offer bonus or promotional
rate that required a bonus offer code within the past 12 months.
- You are a Wells Fargo employee
To receive the bonus, you must:
Open a new Wells Fargo consumer savings account with a minimum opening
deposit of $25 in a Wells Fargo branch by January 9, 2024. All account
applications are subject to approval.
Bring $25,000 or more in new money to your new savings account by Day 30 and maintain at least a $25,000 balance through Day 90 after account opening.
New money is money that is new to the customer or new to Wells Fargo (deposited into the customer's new savings account from outside of Wells Fargo and Company and all affiliates, or from a Wells Fargo account not owned by the customer).
New money deposited up to 7 calendar days prior to the bonus offer code being applied to the account will count towards the offer qualification requirements. Please see a banker for details.
We will deposit your bonus into your new savings account within 30 days
after you have met all offer requirements.
The new savings account must be open at the time we attempt to deposit any
earned bonus payment. Please note that an account with a zero balance may be
closed by us without prior notice, as further described in the Deposit
You are responsible for any federal, state, or local taxes due on the bonus
and we will report as income to the tax authorities if required by
applicable law. Consult your tax advisor.
Additional Terms and Conditions:
The consumer savings accounts eligible for this offer are interest-bearing
accounts with variable interest rates (which vary by account). For example,
Wells Fargo Way2Save® Savings pays an Annual Percentage Yield (APY) of
0.15% on all balances and requires a minimum opening deposit of $25. The APY
is accurate as of July 27, 2023, and may change at any time without
notice. Interest is compounded daily and paid monthly. The amount of
interest earned is based on the daily collected balances in the account.
Fees may reduce earnings.
Offer expires January 9, 2024. However, this offer may be discontinued or
changed at any time prior to the expiration date without notice.
This offer cannot be:
Paid without a valid U.S. Taxpayer Identification Number (Form W-9 for
U.S. persons including a resident alien). Non-resident aliens, signing
Form W-8 are not eligible for the offer.
Combined with any other consumer savings offer that requires a bonus
offer code (limit one bonus per customer/account).
- Reproduced, purchased, sold, transferred, or traded.
The actions required to earn this bonus are separate and distinct from the
options available to you to avoid any applicable monthly service fee for the
savings account you opened.
Talk with a banker or see the
"Consumer Account Fee and Information Schedule and Deposit Account Agreement"(opens new window)
for complete savings account details, including the applicable monthly
service fee and options to avoid it.
Wells Fargo Private Bank offers products and services through Wells Fargo
Bank, N.A., Member FDIC and its various affiliates and subsidiaries. Wells
Fargo Bank, N.A. is a bank affiliate of Wells Fargo & Company.
**The Wells Fargo Way2Save® Savings account monthly service fee is $5.
Minimum opening deposit is $25. The monthly service fee can be avoided with
one of the following each fee period:
- $300 minimum daily balance
1 automatic transfer each fee period of $25 or more from a linked Wells
Fargo checking account
1 automatic transfer each business day within the fee period of $1 or more
from a linked Wells Fargo checking account
1 or more Save As You Go® transfers from a linked Wells Fargo checking
account. A qualifying Save As You Go transfer is an automatic transfer of $1
from your linked Wells Fargo checking account to your Way2Save Savings
account each time you (or any authorized signer or joint owner) use your
debit card for a one-time purchase or complete a Bill Pay transaction
through online banking, and the one-time debit card purchase or Bill Pay
transaction posts to the account. We reserve the right to determine through
our sole discretion if a particular transaction is a qualifying transaction.
Primary account owner is 24 years old or under. (When the primary account
owner reaches the age of 25, age can no longer be used to avoid the monthly
service fee.) Customers 12 and under must have an adult co-owner.
Terms and conditions apply. Mobile carrier's message and data rates may
apply. See Wells Fargo's Online Access Agreement(opens new window) for more information.
Overdraft Protection is not available for Clear Access Banking℠ accounts.