Update 9/21/23: Deal is back and now $400 instead of $250.
Offer at a glance
Maximum bonus amount: $250
Availability: WV, PA, OH, IN, KY, MD
Direct deposit required: Two direct deposits totaling $2,000+
Additional requirements: See below
Hard/soft pull: Soft
ChexSystems: Unknown, sensitive
Credit card funding: Up to $500
Monthly fees: $6, avoidable
Early account termination fee: $25, 90 days
Household limit: None listed
Expiration date: None listed
The Offer
Wesbanco is offering a $400 bonus when you open a new WesBanco One account and complete the following requirements:
Use promo code 400promo
Direct deposit of $500+ within 60 days
The Fine Print
Customers with a current checking account are not eligible for the bonus.
Make payroll or government benefit direct deposits totaling at least $500.
All qualifying activity must occur and post to the account within 60 days of account opening.
Bonus will be credited to your account within 7 business days of meeting the qualifying activity.
Bonus may not be used in combination with other offers, offer is subject to change without notice and limited to one per account.
No bonus will be paid if the account is closed or is in overdraft at the time the bonus is to be credited. Businesses and WesBanco employees are not eligible for bonus.
All bank account bonuses are treated as income/interest and as such you have to pay taxes on them
Avoiding Fees
Monthly Fees
$6 monthly maintenance fee is WAIVED when customer chooses to receive an electronic statement OR maintains a $500 minimum daily balance.
Early Account Termination Fee
There is a $25 fee if the account is closed within 90 days.
Our Verdict
Previously this was a $350 bonus, but targeted. Looks to be publicly available this time. Worth doing if you live in an eligible area. We will add this to our best bank bonus page.
Useful posts regarding bank bonuses:
A Beginners Guide To Bank Account Bonuses
Bank Account Quick Reference Table (Spreadsheet) (very useful for sorting bonuses by different parameters)
PSA: Don’t Call The Bank
Introduction To ChexSystems
Banks & Credit Unions That Are ChexSystems Inquiry Sensitive
What Banks & Credit Unions Do/Don’t Pull ChexSystems?
How To Use Our Direct Deposit Page For Bank Bonuses Page
Common Bank Bonus Misconceptions + Why You Should Give Them A Go
How Many Bank Accounts Can I Safely Open Within A Year For Bank Bonus Purposes?
Affiliate Links & Bank Bonuses – We Won’t Be Using Them
Complete List Of Ways To Close Bank Accounts At Each Bank
Banks That Allow/Don’t Allow Out Of State Checking Applications
Bank Bonus Posting Times