Learn the benefits of having a Wells Fargo cash card and how using one can make your financial life easier.
Wells Fargo Active Cashâ„ Card Reviews 2024
The Wells Fargo Active Cash® Card
This versatile credit card comes with a $200 welcome bonus, a $0 annual fee, 0% initial APR for 15 months after account activation, and the ability to earn limitless 2% cash rewards on purchases.
Credit needed
Good to excellent
Annual quota
$0
Advantages
2% cash rewards are earned by cardholders on all purchases; there are no categories to keep track of or recall.
There is no annual fee that reduces your reward earnings.
Spend $500 with the Wells Fargo Active Cash® Card in the first three months and earn a $200 cash rewards bonus.
Disadvantages
You will pay a foreign transaction fee for international purchases.
This card does not provide extended warranty coverage for purchases.
Summary of Wells Fargo Active Cash® Card
With competitive rewards, bonuses, and an introductory APR on purchases and qualifying debt transfers, the Wells Fargo Active Cash® Card is a cash rewards credit card. With a $0 annual fee, the Wells Fargo Active Cash® Card offers a lot of value, including Visa Signature privileges and theft or damage protection for your cellphone, even though you won't get premium travel or consumer advantages.
With no restrictions on categories or quarterly bonus categories to activate, cardholders receive 2% cash rewards on purchases indefinitely. If you have another credit card that just offers 2% back, this one can be a decent backup plan.
Additionally, for 15 months after account activation, purchases and balance transfers made with the Wells Fargo Active Cash® Card have 0% initial APR if you need to carry or transfer a balance. Following the initial time, your rate will go up to a variable annual percentage rate of 20.24%, 25.24%, or 29.99%.
Rates and fees
Rates and fees
Issuer name
Wells Fargo
Credit needed
Good to excellent
Annual quota
$0
APR
20.24%, 25.24% or 29.99% variable APR
Penalty APR
None
Issuer Highlights
Purchase introductory APR
0% introductory APR for 15 months from account opening
Balance transfer fee
3% for 120 days from account opening, then up to 5%, minimum: $5
Cash advance fee
See important credit terms
Foreign transaction fee
3%
Is My Wells Fargo Active Cash® Card the Correct Option for Me?
Indeed, provided that you:
want to elude an annual charge.
Seek perks and a competitive rate of cash incentives.
Must transfer or pay off a balance.
How-To Guide for Wells Fargo Active Cash® Card Users
Wells Fargo Active Cash® Card rewards are strong since you can earn up to 2% cash back on all purchases. With this card, you may kickstart your rewards by spending $500 within the first three months and receiving a $200 cash reward incentive.
Additionally, you can benefit from 0% intro APR on purchases and balance transfers done within the first 120 days of opening an account with the Wells Fargo Active Cash® Card for 15 months after account opening. It can allow you to break up a major purchase into interest-free payments or buy off high-interest debt over time. To prevent interfering with the balance transfer payment process, refrain from making any additional charges while paying off your transfer. Compute the monthly payment required to settle the outstanding amount before the end of the promotional period.
Up to $600 can be obtained twice in a year for the repair or replacement of a lost, stolen, or damaged phone if your monthly cellular bill is paid using your Wells Fargo Active Cash® Card. For a card with no annual cost, that is an excellent feature.
Present Welcome Deals
During the first three months of use, you can receive $200 cash back when you spend $500 with your Wells Fargo Active Cash® Card.
How to Use Your Wells Fargo Active Cash® Card to Get the Most Rewards
With the Wells Fargo Active Cash® Card, you can maximize your returns by first receiving a $200 cash-back incentive after spending $500 within the card's first three months of use. Bonus categories don't matter because all transactions earn an infinite 2% cash return on purchases.
After that, you can exchange your points for goods, money, gift cards, or credit toward any eligible Wells Fargo credit card, checking account, or mortgage. Reward points can also be redeemed while using PayPal to check out.
Examining the Wells Fargo Active Cashâ„ Card Reviews 2024 reveals its competitive advantages in the credit card industry by providing a thorough rundown of all of its features and benefits. The card's outstanding rewards program, which provides an endless 2% cash back on all transactions, is one of the aspects that consumers have praised the most. Customers who want their rewards to be transparent and easy to understand may find this simple earning structure appealing.
In addition, the card's low annual cost and rotating category elimination add to its allure by saving cardholders time and trouble by removing the need to maintain expenditure categories and figure out complicated charge schedules. The convenience of using cash-back incentives to offset statement credits or transfer funds to a Wells Fargo bank account only serves to enhance this simplicity. A large range of consumer tastes and spending habits are catered to by the card's flexible redemption possibilities, which improve the card's overall value proposition.
Furthermore, consumers value the extra perks that come with the Wells Fargo Active CashTM Card, like access to Wells Fargo's online and mobile banking services, fraud protection, and introductory APR deals. By adding simplicity and peace of mind to the cardholders' financial management, these features enhance the card's overall attractiveness and usefulness.
Overall, customers who are looking for a dependable cash-back credit card option in 2024 will find the Wells Fargo Active CashTM Card to be a top selection due to its appealing advantages, robust rewards program, and easy-to-use features.