Let’s face it, 2016 was not a good year for Wells Fargo. That year, we found out that Wells Fargo created millions of unauthorized bank and credit card accounts without the consent of their customers. It’s pretty shady stuff. Being a previous Wells Fargo employee, I definitely saw my share of shadiness. Especially with upper management pressuring employees to push “sales” or in this case, new accounts on their customers.

In 2017, Wells Fargo is in desperate need to reclaim back some market share and to restore themselves back into their former glory. Can they do it?

They’re definitely trying.

In order to attract new customers back into the Wells Fargo brand, the bank is offering a $250 bonus to new customers. This offer ends February 17th, 2017.

Here are the qualifications:

  • Open to new customers only
  • Minimum deposit of $25
  • Within 60 days, either make 10 debit card purchases/payments or an accumulated direct deposit of $500
  • After 45 days, the $250 with be deposited into your new account if the qualifications have been met

Getting an extra $250 in your bank account for things you already do doesn’t sound too bad. But with Wells Fargo’s previous actions in 2016, have they earned back your trust?