Wells Fargo has launched a promotion that has surprised thousands of users: now you can get $125. The bank is looking to attract new clients by offering a direct bonus for opening an account. Just like that. And no, it’s not a scam and you don’t need to juggle huge deposits or monthly paychecks. It’s a promotion only for new clients, because what they mainly want is to gain new customers.
If you don’t have an account with Wells Fargo and you’ve been thinking about switching banks or opening a new account, this might interest you. Because sometimes what seems too good to be true… turns out to be real, and we love these kinds of news!
Which account do you need to open?
The promotion is centred around an account called Clear Access Banking. And the good thing is that it’s designed for exactly what people need nowadays: managing your money easily, without surprises, and from your phone, everything built for the new generations who completely hate going to branches or making phone calls.
It doesn’t require a minimum balance, there are no fees to open it, and if you’re between 13 and 24 years old, you don’t even have to pay the monthly maintenance fee. You get a contactless debit card and access to the app, where you can make transfers through Zelle, pay bills, or deposit checks with just a couple of clicks. But yes, it does have a few requirements.
How to get the $125 step by step
Here’s what you need to do, no fluff:
- Open the account before July 8, 2025. You can do it online through the official promotion link or at a branch. Just make sure to enter the offer code when signing up.
- Make at least 10 transactions with your account. And no, you don’t need to buy anything expensive. Paying with the debit card, using Zelle, paying something through the app, or even setting up bill payments from the bank, those all count. But heads up: you have to complete the 10 transactions within 60 days of opening the account. Once Wells Fargo verifies that you’ve met the requirements, they’ll deposit the money within the following 30 days.
- Keep the account open. Don’t close it before the verification period ends, and that’s it. If you did everything, Wells Fargo will deposit the $125 within 30 days.
What if I already have an account?
Then sorry, this promo isn’t for you. Only new clients can take advantage of it. It also doesn’t apply if you received a similar bonus in the last 12 months or if you work for the bank.
Why is Wells Fargo giving away money like this?
Well, it’s not really a “gift” just because. Banks are competing hard to attract younger clients, especially with all the banking apps and digital options out there, it’s gotten tricky to bring in new faces. So this promotion is a way to give you a little push to try their service… and maybe stick around.
And to be fair, it’s not bad at all. They don’t ask for direct deposit, there’s no sneaky fine print, and the process is pretty simple. You win, and hopefully for them, they win too.
Is it worth it?
Yes. If you need a simple bank account, with no weird fees and that also gives you some cash just for signing up, this offer is for you. Just remember: the promo ends July 8, 2025, so if you’re interested, don’t leave it for later. You’ll forget and then regret it, who wouldn’t want $125 for free?