$25 Gift Card for Wells Fargo Checking or Savings Account

Wells Fargo is offering a $25 gift card for opening a new checking or savings account. The deal is good through April 30, 2006. All checking and savings accounts qualify except PCS accounts. The accounts must be opened online through www.wellsfargo.com/offers/winteroffer.

Wells Fargo Free Checking Account requires a minimum opening deposit of $100. There is no minimum balance requirement or monthly service fee. The Goal Savings Account also has a $100 minimum opening deposit requirement but has a $300 balance requirement to avoid a $3 per month fee (direct deposit or monthly automatic transfers also can be used to avoid the fee). This savings account does earn interest but it tops out at only 0.5%. The free checking is the best account to open for this deal.

It has been reported on this FW thread that Wells Fargo does a hard credit pull for opening a checking account. This means that the bank does an inquiry on your credit report. Too many hard pulls can lower your credit score and result in higher loan and insurance rates. This FW thread lists many banks which do hard pulls.