Author Topic: Wells Fargo $1500 for starting a business checking acct  (Read 32805 times)

Offline S209

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Re: Wells Fargo $1500 for starting a business checking acct
« Reply #80 on: May 04, 2022, 10:25:03 PM »
did it work,

i have a account there for one LLC and want to open for a different LLC but under the same social. i asked a banker and she wasn't sure but didn't think it will work
With different EINs? The bonus code at the end of the application came up as valid, but I have no idea if it will trigger the bonus. The banker claimed it should. The fine print about what constitutes a new customer seems to indicate it should work.
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Offline Hjay

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Re: Wells Fargo $1500 for starting a business checking acct
« Reply #81 on: May 04, 2022, 11:01:57 PM »
Anybody have an extra code?

Offline alexk.

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Re: Wells Fargo $1500 for starting a business checking acct
« Reply #82 on: May 05, 2022, 11:24:26 AM »
Anyone know what information you need to bring with you to set up an account?

Offline S209

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Re: Wells Fargo $1500 for starting a business checking acct
« Reply #83 on: May 05, 2022, 03:00:27 PM »
Because I’ve received more PMs about this than I can answer, please read this thread before PMing me. If your question was already answered, or is something that can be asked publicly for anyone to answer and everyone to benefit, I won’t be able to answer. Otherwise, PM away.

Also, I don’t have any extra codes.
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Offline S209

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Re: Wells Fargo $1500 for starting a business checking acct
« Reply #84 on: May 05, 2022, 03:02:25 PM »
Anyone know what information you need to bring with you to set up an account?
For a sole prop? Just a license and an explanation of your business.
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Offline alexk.

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Re: Wells Fargo $1500 for starting a business checking acct
« Reply #85 on: May 05, 2022, 03:36:31 PM »
Thanks

Offline zh cohen

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Re: Wells Fargo $1500 for starting a business checking acct
« Reply #86 on: May 05, 2022, 03:39:04 PM »
For a sole prop? Just a license and an explanation of your business.

And a second form of ID (like a credit card).

Offline S209

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Re: Wells Fargo $1500 for starting a business checking acct
« Reply #87 on: May 05, 2022, 03:44:31 PM »
And a second form of ID (like a credit card).
I didn’t need it, but officially you do. There is a full list of official required documents online.

https://www.wellsfargo.com/biz/required-documents/
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Offline yosefsv

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Re: Wells Fargo $1500 for starting a business checking acct
« Reply #88 on: May 05, 2022, 06:49:41 PM »
For a sole prop? Just a license and an explanation of your business.
Do you need a license for a sole prop under the own name?
If it benefits even just one fellow DDFer, its worth posting it.

Offline zh cohen

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Re: Wells Fargo $1500 for starting a business checking acct
« Reply #89 on: May 05, 2022, 07:03:45 PM »
Do you need a license for a sole prop under the own name?

A driver's license (or other photo id). To prove your identity

Offline Live N Learn

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Re: Wells Fargo $1500 for starting a business checking acct
« Reply #90 on: May 05, 2022, 09:13:25 PM »
Looking for a code, if anyone has an extra one, please PM. TIA
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Offline bubkiz

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Re: Wells Fargo $1500 for starting a business checking acct
« Reply #92 on: May 06, 2022, 01:10:30 PM »
With different EINs? The bonus code at the end of the application came up as valid, but I have no idea if it will trigger the bonus. The banker claimed it should. The fine print about what constitutes a new customer seems to indicate it should work.
Any more DPs on multiple LLCs? - Each has a separate EIN but (sole) member is same.

Offline davidd75

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Re: Wells Fargo $1500 for starting a business checking acct
« Reply #93 on: May 06, 2022, 02:19:39 PM »
Just did mine in lakewood/toms river pretty simple and quick but I have a business credit card with them already so it sped things up.  Did not ask any detailed questions.  Wanted to see photo iD and another ID (cc was good).   If works to completion one of the best checking account bonuses ever.

Can I expect a 1099?

Offline Definitions

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Re: Wells Fargo $1500 for starting a business checking acct
« Reply #94 on: May 06, 2022, 02:27:40 PM »
Does selling stuff on eBay count as a sole proprietorship? I happen to use an exclusive bank account for it. Not crazy amounts but not small either.
My Tapatalk notifications don't always work.

Offline bubkiz

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Re: Wells Fargo $1500 for starting a business checking acct
« Reply #95 on: May 06, 2022, 02:44:25 PM »
Does selling stuff on eBay count as a sole proprietorship? I happen to use an exclusive bank account for it. Not crazy amounts but not small either.
Yup

Offline S209

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Re: Wells Fargo $1500 for starting a business checking acct
« Reply #96 on: May 06, 2022, 04:04:33 PM »
Can I expect a 1099?
You would think, but in the past Wells Fargo has been the one bank that has *not* sent me a 1099. Multiple DPs.
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Offline davidd75

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Offline mord1

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Re: Wells Fargo $1500 for starting a business checking acct
« Reply #98 on: May 06, 2022, 05:33:09 PM »
Any more DPs on multiple LLCs? - Each has a separate EIN but (sole) member is same.
I dont think you will get the bonus twice.
I was using a code for an LLC- that I am 50% owner with my wife and she was using a code for an LLC she is a 100% owner-  and the head banker in the branch said she cannot double dip and that we will only get 1 bonus total between the 2 of us

Offline tov hashem

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Re: Wells Fargo $1500 for starting a business checking acct
« Reply #99 on: May 06, 2022, 07:33:41 PM »
On the terms and condition it said that your not eligible if you received a bonus for a business checking  account in the past 12 months