Offer Details
Offer valid only for Wells Fargo Small Business checking and savings account customers who:
1) submit a signed application for a new Wells Fargo Merchant Services account starting April 3, 2023, through October 31, 2023;
2) open a new Wells Fargo Merchant Services account by November 14, 2023; and
3) met the following criteria on February 8, 2023:
– had at least $1,000,000 and less than $10,000,000 in annual sales for their business; and
– had at least $500 in average Wells Fargo 12-month total business deposits balances (or the average of the number of months available if the customer had been a Wells Fargo business deposits customer for less than 12 months).
Limit one offer per merchant identification number (MID). Offer not valid for current Wells Fargo Merchant Services (WFMS) customers. Maximum reimbursable amount is $1,000 total on Eligible Fees that are reimbursable. Eligible Fees paid by the Merchant Services customer will be reimbursed, up to the maximum amount, if the Eligible Fees were incurred before the close of the first two full billing cycles after account open date. "Eligible Fees" include equipment purchases, WFMS monthly recurring fees, wireless fees, setup fees, and processing fees. "Eligible Fees" expressly exclude non-compliance fees (including incoming chargeback, incoming / outgoing exception chargeback and non-validation PCI compliance fees), all third-party fees (including software or other fees), and any other fees or fines not listed. Merchant Services customers will be required to pay the charges on their WFMS statements that include any Eligible Fees before they will be reimbursed as a credit on their WFMS statement the following month. Reimbursement will not exceed the amount of Eligible Fees a customer incurs up through the first two full billing cycles after account opening. Merchant Services customers are responsible for any shipping and handling fees and any applicable taxes. WFMS account must be open and in good standing at the time the statement credit is applied. Cannot be combined with another WFMS offer. Offer not valid for Wells Fargo employees. Offer subject to change at any time.
Deposit products offered by Wells Fargo Bank, N.A. Member FDIC.
Merchant Services are provided by Wells Fargo Merchant Services L.L.C. and Wells Fargo Bank, N.A.
Wells Fargo Merchant Services L.L.C. does not offer deposit products, and its services are not guaranteed or insured by the FDIC or any other governmental agency. When you use a Wells Fargo Bank deposit account for settlement or other Merchant Services purposes, you must use a Wells Fargo Bank business or commercial deposit account. Deposit products offered by Wells Fargo Bank, N.A. Member FDIC. Merchant Services are subject to application, credit review of the business and its owners, and approval.