Wells Fargo
Wells Fargo Active Cash® Card
Key Features
| Annual Fee | $0.00 |
| Sign-up Bonus | $200 cash rewards bonus |
| Rewards Rate | Unlimited 2% cash rewards |
| Intro APR | 0% intro APR for 12 months from account opening on purchases and qualifying balance transfers. Balance transfers made within 120 days qualify for the intro rate and fee. |
| Regular APR | After that your variable APR will be 18.49%, 24.49% or 28.49%. |
| Other Fees | There is a 3% fee for each foreign transaction amount converted to U.S. dollars. |
| Network | Visa |
About this card
The Wells Fargo Active Cash® Card earns an excellent overall rating of 4.3 out of 5.0, solidifying its position as one of the best flat-rate cash back cards on the market. Its exceptional rewards program (4.8/5.0) is a major draw, offering an unlimited 2% cash back on all purchases with no categories to track and flexible redemption options. Coupled with a fantastic fee structure (4.5/5.0) highlighted by a $0 annual fee and a generous sign-up bonus ($200 for spending $500), the card presents a compelling value proposition for everyday domestic spending. The introductory 0% APR for 12 months on purchases and balance transfers adds further utility, especially for new cardholders managing expenses or debt. However, the card is not without its drawbacks. The regular variable APR, ranging from 18.49% to 28.49% (APR Rating: 2.8/5.0), is a significant concern; the higher end of this spectrum is particularly expensive for a card targeting 'Very Good' credit and severely diminishes its value for those who carry a balance. Additionally, the 3% foreign transaction fee limits its appeal for international travelers. While the card's features and value are widely praised, the overarching reputation of its issuer, Wells Fargo, due to past scandals, remains a qualitative detractor for some consumers, impacting overall trust and willingness to engage. Despite these considerations, the card's superior rewards, lack of an annual fee, and valuable included perks like cell phone protection make it an outstanding choice for consumers prioritizing simplicity and high cash back on all domestic purchases, provided they can pay their balance in full each month to avoid the high regular APR.
Pros & Cons
What's great
- No annual fee
- Intro APR period
- Generous sign-up bonus
- High rewards rate
- Cashback on purchases
- Cell phone protection
Things to consider
- High regular APR
- Foreign transaction fees apply
What this card offers
Sign-up bonuses
- Earn a $200 cash rewards bonus when you spend $500 in purchases in the first 3 months
Rewards
- Plus, enjoy unlimited 2% cash rewards on purchases.
- Unlimited 2% earn on purchases
Other features
- No activation needed
- Zero categories to track
- Rewards don't expire
- As long as your account is open
- Check out with PayPal, and use your cash rewards for all or part of your eligible purchases.
- Redeem your cash rewards toward the cost of a past, eligible purchase.
- Redeem cash rewards for gift cards from over 250 merchants, including e-Gift cards as low as $10.
- Redeem cash rewards as a credit to your account, including eligible Wells Fargo credit card or checking accounts.
- Cellular Telephone Protection — Up to $600 of cell phone protection against damage or theft. Subject to a $25 deductible.
- Auto Rental Collision Damage Waiver — Pay for rental cars using an eligible card and get reimbursed for covered damage or theft.
- Travel and Emergency Assistance Services — Available for covered Wells Fargo cardholders. To learn more, call 1-800-992-6029. If you are outside the U.S., you can call collect: 1-804-673-1675
- Roadside Dispatch® — Available whenever you’re in need of a tow – for eligible Wells Fargo cardholders 24/7 with no membership required. To learn more call 1-800-847-2869.
- Zero Liability Protection — Built-in protection features ensure that you won’t be held responsible for unauthorized transactions, as long as they’re reported promptly.
- Emergency Cash Disbursement and Card Replacement — Visa credit cardholders can get an emergency cash advance disbursed or a card replaced within one to three business days after issuer approval. Any cash advance fees and interest charges that are associated with your credit card account would apply.
- My Wells Fargo Deals — Get access to personalized deals from a variety of merchants and earn cash back as an account credit when you use an eligible Wells Fargo credit card.
- Credit Close-Up® — Enroll to receive monthly FICO® Score updates and personalized credit insights; complimentary to Wells Fargo Online® customers and using it won’t negatively affect your score.
- Visa Signature® Concierge Services — Find tickets to top sports and entertainment events, book travel, make dinner reservations and more with your complimentary 24/7 Visa Signature® Concierge.
- Visa Signature® Luxury Hotel Collection — Enjoy a premium collection of benefits at a selection of the world’s most intriguing and prestigious properties.
Additional Notes
Offers may differ from time to time and depend on the marketing channel, such as phone, email, online, direct mail, or in branch. You must select Apply now to take advantage of this offer.