In this comprehensive guide, we will delve into the world of Wells Fargo credit cards. Wells Fargo, while having faced some past issues related to unethical behavior, now boasts one of the most impressive lineups of no-annual-fee rewards credit cards in the industry. In this article, we will explore four key Wells Fargo credit cards, each with its unique features and benefits. By the end, you’ll have a clear understanding of which Wells Fargo card suits your needs best.
1. Wells Fargo Autograph Visa – A Cash Back Marvel
The undisputed champion in the Wells Fargo credit cards lineup is the Wells Fargo Autograph Visa visit website, a no-annual-fee card that packs a punch. Here’s why it deserves the top spot:
- Generous Rewards: Earn an impressive three points per dollar spent or three percent cash back on a wide range of purchases across various categories. You’ll enjoy three percent cash back at restaurants, on most travel expenses, gas, transit, streaming services, and even your phone bill.
- Welcome Bonus: As a new cardholder, you’ll have the opportunity to earn 20,000 points or a $200 bonus if you spend $1,000 with the card in the first three months. These points are equivalent to $200 in cash back.
- No Foreign Transaction Fees: Unlike many no-annual-fee credit cards, the Wells Fargo Autograph Visa doesn’t charge foreign transaction fees. This feature makes it an excellent choice for international travelers.
- Introductory 0% APR: For the first 12 months of card ownership, you’ll enjoy a zero percent interest rate on your purchases. This can be handy for spreading out payments or making large purchases without incurring interest charges.
- Cell Phone Protection: If your cell phone is damaged or stolen and you pay for it with the Wells Fargo Autograph Visa, you’re covered up to $600, with a low $25 deductible.
With its robust rewards program, welcome bonus, no foreign transaction fees, and added perks like cell phone protection, the Wells Fargo Autograph Visa offers a comprehensive package that’s hard to beat.
2. Bilt Rewards MasterCard – Pay Your Rent with Rewards
The Bilt Rewards MasterCard is a unique offering in Wells Fargo’s lineup. While technically an outside company, Wells Fargo is an investor in Bilt Rewards, making it an intriguing choice for renters. Here’s what you need to know:
- Rent Payments Earn Rewards: The standout feature of this card is its ability to earn rewards on rent payments. You can pay your rent with a credit card, even if your landlord doesn’t accept credit cards directly. Bilt Rewards sends a check to your landlord on your behalf, and you earn one point per dollar on those rent purchases.
- Double Points on Rent Day: On the first day of each month, known as “rent day,” you can earn double points on all your purchases that aren’t rent payments.
- No Annual Fee: Like the other cards in this guide, the Bilt Rewards MasterCard has no annual fee.
- Flexible Redemption Options: You can redeem your points for travel, including flights and hotel stays, or transfer them to various partners such as American, United, and Hyatt. While you have the option to redeem for other rewards like fitness memberships or merchandise, travel is often the most valuable choice.
- No Foreign Transaction Fees: This card also spares you from foreign transaction fees, making it an excellent companion for international travel.
Keep in mind that this card typically doesn’t offer a traditional sign-up bonus, and you can’t redeem points for cash back. However, if you’re a renter looking to maximize your rewards, the Bilt MasterCard is a compelling choice.
3. Wells Fargo Active Cash Visa – Consistent 2% Cash Back
The Wells Fargo Active Cash Visa is all about simplicity and reliability. Here’s why it secures the third spot on our list:
- Flat 2% Cash Back: With this card, you earn a straightforward two percent cash back on all your purchases. There are no rotating categories or complicated reward structures to worry about.
- Welcome Bonus: New cardholders can earn a $200 bonus by spending at least $500 with the card in the first few months.
- Cell Phone Protection: Like the other Wells Fargo cards mentioned, the Wells Fargo Active Cash Visa offers cell phone protection for eligible devices.
While it doesn’t have the extensive rewards categories of the Autograph Visa or the rent-paying feature of the Bilt Rewards MasterCard, the Wells Fargo Active Cash Visa is an excellent choice for those who value simplicity and consistency in their rewards.
4. Wells Fargo Reflect Credit Card – A Long Introductory 0% APR
Bringing up the rear in our Wells Fargo credit card lineup is the Wells Fargo Reflect Credit Card. This card’s main selling point is its extended introductory 0% APR offer:
- Long 0% APR Period: The Wells Fargo Reflect Credit Card offers a generous 0% APR on purchases and balance transfers for a remarkable 21 months. This feature can be a lifesaver for those looking to finance a large purchase or consolidate existing high-interest debt.
- Cell Phone Protection: Similar to its counterparts, this card includes cell phone protection.
While the Reflect Credit Card shines with its lengthy 0% APR period, it lacks the rewards programs found in the other Wells Fargo cards. After the 21-month period ends, it becomes a standard credit card with no ongoing rewards.
Additional Wells Fargo Cards
It’s worth noting that Wells Fargo also issues the Choice Privileges Credit Cards, which are tied to the Choice Hotels rewards program. If you frequently stay at Choice Hotels properties, these cards might be of interest to you. However, as they are primarily hotel-focused, we haven’t included them in our rankings.
Conclusion
Wells Fargo offers a diverse range of credit cards to cater to various financial needs and preferences. Whether you prioritize cash back, rewards on rent payments, simplicity, or a long introductory 0% APR, there’s likely a Wells Fargo credit cards that suits your needs.
It’s essential to consider your spending habits, financial goals, and travel preferences when choosing the right Wells Fargo card for you. Be sure to review the specific terms, benefits, and fees associated with each card before making your decision. With the information provided in this guide, you’re well-equipped to make an informed choice and start maximizing your credit card rewards with Wells Fargo.
Frequently Asked Questions (FAQs)
How can I apply for a Wells Fargo credit card?
You can apply for a Wells Fargo credit card online through their official website. The application process typically involves providing personal and financial information. You may also be able to apply in person at a Wells Fargo branch.
What credit score do I need to qualify for a Wells Fargo credit card?
The specific credit score required may vary depending on the Wells Fargo credit card you’re interested in. Generally, Wells Fargo offers a range of credit cards tailored to different credit profiles. To qualify for their top-tier cards with the best rewards and benefits, a good to excellent credit score (typically 700 or higher) is often required.
Do Wells Fargo credit cards have an annual fee?
Some Wells Fargo credit cards have an annual fee, while others do not. Cards like the Wells Fargo Autograph Visa and Wells Fargo Reflect Credit Card mentioned in the article are examples of no-annual-fee cards. However, it’s essential to review the terms and conditions of each specific card to determine if there is an annual fee associated with it.
What is the difference between cash back and points in Wells Fargo’s rewards program?
Wells Fargo offers both cash back and points as reward options. Cash back rewards are typically redeemed as statement credits or checks, with each point equivalent to a penny. Points can also be used for other redemptions, such as travel or merchandise. The choice between cash back and points depends on your preference for how you want to redeem your rewards.
Are Wells Fargo credit cards good for international travel?
Wells Fargo offers credit cards with no foreign transaction fees, making them suitable for international travel. Cards like the Wells Fargo Autograph Visa and the Wells Fargo Active Cash Visa can be good options for travelers who want to avoid extra charges when making purchases abroad. However, it’s always a good idea to notify Wells Fargo of your travel plans to prevent any issues with card usage while abroad.