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Wells Fargo is dangling a shiny $425 bonus for opening a new Everyday Checking account, which is great news if you're looking for some easy cash. To snag the bonus, you need to deposit at least $3,000 in qualifying direct deposits within the first 90 days. "Direct deposit" means an ACH transfer like your paycheck, pension, or Social Security. Just moving money between accounts or using mobile deposit won't cut it.
Here's where it gets a little trickier. To avoid a $10 monthly fee on the account, you'll now need to maintain a minimum daily balance of $1,500, starting October 25, 2025. Previously, the language stated to leave the account open but didn't specify a minimum amount to keep in the account. Also, remember that this offer is only for new checking customers who haven't received a Wells Fargo checking bonus in the past year. If you fit the bill and can handle the direct deposit and balance requirements, this could be an easy way to boost your travel fund!
Why This Matters for Your Strategy
News in the points-and-miles world moves fast, and promotional changes often have a short window. If this announcement affects a card or program you hold, log into your awardtrail dashboard to check your current benefit usage, bonus progress, and whether a transfer or redemption makes sense right now — before terms change.
As a general rule: transfer points only when you have a specific redemption in mind — transfers are almost always one-way and non-reversible. If you're unsure of the value, check our redemption guides before acting.
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October 8, 2026, 9:16 PM


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