Wells Fargo new account $250 bonus UPDATED! - Now thru March 3rd

[rooeez]

Thanks for the feedback. Waiting on my application materials in the mail.

[wasCB14]

Got an email that my WF debit card is in the mail. No paper application ever arrived in the mail. My Chase CC $50 load went through and counted as a purchase.

I tried to set up online access, but it didn't recognize me as a customer. I guess I need the debit card number to proceed.

I expect I'll just do a few small Amazon reloads for my 10.

[Anonymous]

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@Anonymous wrote:

Just a quick update for everybody with a DP confirming that this does work and it is not exclusively targeted, I just got credited $250!! Will be closing the account out in a few days. 

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Whoa! How long did it take WF to credit you the $250 after the 10 transactions? 

[Anonymous]

Figures... I opened my account last month 

[Anonymous]

1 business day after they posted. Super quick turn around time! You can set up online access if you call in without the debit card number!

[gardini51]

To the people who opened accounts. Do they do a credit pull when opening a checking account?

[Anonymous]

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@gardini51 wrote:

To the people who opened accounts. Do they do a credit pull when opening a checking account?

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soft pull and chex only 

[gardini51]

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@Anonymous wrote:

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@gardini51 wrote:

To the people who opened accounts. Do they do a credit pull when opening a checking account?

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soft pull and chex only 

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Sweet. I could use an extra $250...

[Anonymous]

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@gardini51 wrote:

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@Anonymous wrote:

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@gardini51 wrote:

To the people who opened accounts. Do they do a credit pull when opening a checking account?

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soft pull and chex only 

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Sweet. I could use an extra $250...

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Just remember to you have to pay taxes on it. They will report it so don't forget when you file next year! 

[DaveInAZ]

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@Anonymous wrote:

Just remember to you have to pay taxes on it. They will report it so don't forget when you file next year! 

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Yes, new bank account bonuses are considered to be interest paid to you, so they send you a 1099-INT form. I had $550 in new bank account bonus 1099's last year, I just had to put a couple hundred $$$ extra into my IRA to offset it. For the curious, new credit card bonuses - like Cap One's $100 bonus for spending $500 within 3 months for a new Quicksilver card - are NOT taxable, the IRS considers them discounts on purchases, not income.

I opened my WF account 1/11, got my debit card 1/17, made 10x .50 cent reloads to my Amazon gift card, $250 bonus is showing up in my WF account today. I sent in my payroll direct deposit change form to my employer today, that will offset fees - I'm going to keep the WF account for now and see how it goes. My payroll was going into a CU that is pretty useless for anything else except the $200 new account bonus last year, will close that account.