Investing - Theory, News & General • The Final, Definitive Thread on Brokerage Transfer Bonuses

Wells Fargo $250K balance requirement for the premier account bonus

I opened premier account in June with bonus code and transferred my company stock worth $280K. But due to market downturn it fell below $250K. So I called to Wells Fargo to check on how they compute the combined linked accounts bonus to meet the bonus requirements. They mentioned that they would consider the statement ending balance for each statement period for three consecutive statement cycles (90 days). My statement ending is end of the month. So it would only matter what the balance is at the end of each month. Not the daily balance. He pointed me to this reference: https://www.wellsfargo.com/checking/com ... -accounts/ and look for premier checking requirements. I think it is clear how they consider balances for maintaining premier status, but does not mention bonus conditions.

Can I trust what he said? For any of you who were in a situation where the balance fell below $250K for some period, what is your experience?

Statistics: Posted by JD09 — Fri Aug 02, 2024 12:32 pm — Replies 8753 — Views 1621443