Wells Fargo
Active Cash® Credit Card
Key Features
| Annual Fee | $0.00 |
| Sign-up Bonus | $100 cash rewards bonus |
| Rewards Rate | 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 18.74%, 24.74% or 28.74%. |
| Other Fees | There is a 3% fee for each foreign transaction amount converted to U.S. dollars. Balance transfers made within 120 days qualify for the intro rate and fee. Yes, typically there is a balance transfer fee associated with the Wells Fargo Active Cash Card. |
| Network | Visa |
About this card
The Wells Fargo Active Cash® Credit Card earns an excellent overall rating of 4.5 out of 5.0, solidifying its position as one of the best no-annual-fee cash back cards on the market. Its core value proposition of unlimited 2% cash rewards on all purchases is truly exceptional and a major differentiator, providing consistent and straightforward value without the complexity of rotating categories or spending caps. This outstanding rewards structure is complemented by a $0 annual fee, making it incredibly attractive for everyday spending. The card further enhances its appeal with a competitive introductory 0% APR period for 12 months on both purchases and balance transfers, offering significant financial flexibility for new cardholders. The easily attainable $100 sign-up bonus and flexible redemption options add to its strong value proposition. Beyond rewards, the inclusion of valuable benefits like cellular telephone protection and various Visa Signature perks (e.g., Auto Rental Collision Damage Waiver, Travel and Emergency Assistance) is a significant bonus for a card with no annual fee, adding a layer of security and convenience typically found in cards with higher fees. While the card shines in many areas, there are some notable weaknesses. The regular variable APR, which can range up to 28.74%, is quite high for the 'Very Good' credit tier it targets, posing a concern for cardholders who occasionally carry a balance. Additionally, the 3% foreign transaction fee makes it unsuitable for international travel or foreign online purchases. Lastly, while the card itself is highly praised, the issuer's (Wells Fargo) past reputational issues occasionally surface in consumer sentiment, though this typically relates to the bank itself rather than the performance of this specific card product. Despite these drawbacks, the overwhelming strengths in rewards, fee structure, and introductory offers make the Wells Fargo Active Cash a top-tier choice for consumers seeking a simple, high-value cash back card.
Pros & Cons
What's great
- No annual fee
- Introductory APR period for purchases and balance transfers
- Generous sign-up bonus
- High flat-rate cashback on all purchases
- Cell phone protection and travel/purchase benefits
Things to consider
- High regular APR
- Foreign transaction fees apply
- Balance transfer fee
What this card offers
Sign-up bonuses
- Earn a $100 cash rewards bonus when you spend $500 in purchases in the first 3 months.
Rewards
- Plus, enjoy unlimited 2% cash rewards 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. Count on emergency assistance while traveling anywhere in the world. 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.
- Through My Wells Fargo Deals, you can get access to personalized deals from a variety of merchants. It’s an easy way to earn cash back as an account credit when you shop, dine, or enjoy an experience simply by using an eligible Wells Fargo credit card.
- With Credit Close-Up you own the skills to help understand and track your FICO Score, raise it, or maintain it. Enroll to receive monthly FICO Score updates and personalized credit insights. It’s 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. You must select Apply now to take advantage of the offer(s). This offer is not a guarantee of credit. Credit card is subject to credit qualification. You may not qualify for an additional Wells Fargo-branded consumer credit card if you have opened a Wells Fargo-branded consumer credit card in the last 4 months. You may not be eligible for introductory annual percentage rates, fees and/or rewards bonus offers if you have the card product you are applying for or opened one within the last 48 months from the date of the application – even if that account is closed and has a $0 balance.