Review
Wells Fargo Active Cash® Credit Card Review: Simple, Unlimited 2% Cash Rewards
Looking for a straightforward, high-value rewards card? The Wells Fargo Active Cash® Credit Card offers unlimited 2% cash rewards on all purchases, a generous welcome bonus, and a 0% intro APR, making it a top contender for everyday spending.
| Annual Fee | $0.00 |
| Regular APR | After that your variable APR will be 18.49%, 24.49% or 28.49%. |
| Intro APR | 0% intro APR for 12 months from account opening on purchases and qualifying balance transfers. After that your variable APR will be 18.49%, 24.49% or 28.49%. Balance transfers made within 120 days qualify for the intro rate and fee. |
| Rewards Rate | Unlimited 2% cash rewards |
| Sign-up Bonus | $200 cash rewards bonus |
| Other Fees | There is a 3% fee for each foreign transaction amount converted to U.S. dollars. |
Overview
Pros & Cons
What's great
- No annual fee
- Generous sign-up bonus
- Intro APR period
- Cashback on purchases
Things to consider
- High regular APR
- Foreign transaction fees apply
Benefits
Drawbacks
Decision Guidance
Summary
Considering the APR, rewards, and fees, the Wells Fargo Active Cash card is a decent option. The strong 2% cash back rewards rate and sign-up bonus are definite positives. The lack of an annual fee significantly enhances its value. However, the high...