Complete these steps to get the $525 bonus:

1. Open

Open a new eligible consumer savings account at a Wells Fargo branch with a minimum opening deposit of $25 by August 20, 2024. You must provide the bonus offer code to the banker at the time of account opening.

2. Deposit

Bring $25,000 or more in new money to your new savings account within 30 days and maintain at least a $25,000 balance for 90 days after account opening.

3. Enjoy

We will deposit your bonus into your new savings account within 30 days after you have met all offer requirements.

Way2Save® Savings, our most popular savings account, offers great benefits.

Financial education

Empower yourself with financial health(opens new window) resources that range from financial basics to retirement.

Automatic transfers

Set up regular automatic transfers1 from your linked Wells Fargo checking account to your Way2Save Savings account.

Optional Overdraft Protection2

Use your Way2Save Savings account to help protect your linked Wells Fargo checking account from overdrafts.

*How to qualify for this offer


Eligibility Requirements:

  • This offer is for new consumer 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. Only the primary owner of the new savings account is eligible for this offer.
  • 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 primary account owner of a Wells Fargo consumer savings account. The primary account owner is the owner whose Taxpayer Identification Number, such as a Social Security Number, is assigned to the account and has tax responsibility.
    • 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.

Bonus Requirements:

To receive the bonus, you must:

  1. Open a new Wells Fargo consumer savings account in a Wells Fargo branch by August 20, 2024. All account applications are subject to approval.
  2. Deposit $25,000 or more in new money to your new savings account within 30 days and maintain at least a $25,000 balance for 90 days 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.

Bonus Payment:

  • 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 Account Agreement.
  • You are responsible for any federal, state, or local 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 will withhold the required amount and remit to the tax authorities in accordance with 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 0.01% on all balances and requires a minimum opening deposit of $25. The APY is accurate as of May 7, 2024 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 August 20, 2024. However, this offer may be discontinued or changed at any time prior to the expiration date without notice.
  • This offer cannot be:
    • Paid to non-resident aliens and foreign entities signing any version of IRS Form W-8.
    • Combined with any other consumer savings offer (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) available at wellsfargo.com/depositdisclosures 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.

1. 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.

2. Overdraft Protection is not available for Clear Access Banking accounts.