Refer to the DoctorofCredit for a lot of info on this bonus. Lots of data points.
Make sure your WellsTrade account is linked to Premier (takes a couple days to show up as linkable). Yes, cost basis should transfer OK. No ACAT fee reimbursement AFAIK, but doesn't hurt to ask.
Make sure your WellsTrade account is linked to Premier (takes a couple days to show up as linkable). Yes, cost basis should transfer OK. No ACAT fee reimbursement AFAIK, but doesn't hurt to ask.
I am interested in the $2500 Wells Fargo Premier Checking Offer. I have never had a banking or investing relationship with Wells Fargo. Can those that have done this and succsessfully received $2500 bonus please answer my questions?
Here is my plan of action:
1) Visit the branch and open the premier checking account with the offer code for $2500 bonus.
2) Once the premier checking account is open, open a Wells Trade Self-Directed account online.
4) ACAT transfer VTI (Vanguard Total Stock Market Index ETF) to Wells Trade account to the tune of $250,000 and keep it there for the duration of the bonus period.
Questions:
1) Does the above plan sound feasible to earn the bonus? Do Wells Trade self-directed account assets count for meeting this bonus offer and waive the Premier Checking monthly maintenance fee?
2) Does the Self-directed investing account and the premier checking account get linked automatically when I open the self-directed investing account online or do I need to do something specific for that?
3) For Wells Fargo self-directed inbound ACATs, will cost basis of VTI get transferred into Wells Trade account accurately for taxable holdings?
4) Will Wells Fargo reimburse inbound ACAT transfer fees charged by the outbound brokerage firm?
5) How long did it take for you to receive the bonus once you met the holding period requirement?
Thanks much!
Statistics: Posted by potatogun — Sun Dec 24, 2023 12:29 am — Replies 7054 — Views 1004781