Wells Fargo Credit Cards Review – Massive Rewards and Low to No...

Wells Fargo Credit Cards Review – Massive Rewards and Low to No Annual Card Fees

SHARE
Wells Fargo
Screenshot of Credit Card Home Page Wells Fargo

Credit cards are as much a part of daily life as a transactional accounts are. The responsible use of a credit card allows customers to build up a credit history within no time at all. But credit cards are about more than just building up credit scores and making purchases. Rewards, discounts, rebates, and special offers are now part of the credit card DNA. Wells Fargo Credit Cards promise these and more. This review takes a look to see if they deliver.

Tips on How to Use a Credit Card Optimally

Many credit cards offer rewards and rebates, however, customers are often cautioned against using credit cards for regular monthly expenses. In order to let the credit card work optimally, customers are encouraged to:

  • Use the card only for emergencies for purchases that cannot be repaid within that month.
  • Pay off the full amount of funds used on monthly purchases such as groceries, gas, and more.
  • Ensure that the installment is paid on time, every month.
  • Customers also need to remember to make a payment towards the card every month for as long as it’s active.

Wells Fargo Credit Card Product Offerings

Wells Fargo
Screenshot of How to Choose a Credit Card Wells Fargo

Wells Fargo Cash Wise Visa Card

This is the perfect card for customers who wish to have a low APR as an introductory offer. Furthermore, the card also offers no annual fee.

  • Customers have access to great cash rewards.
  • There is a $150 cash rewards bonus if clients spend $1,000 in the first 3 months after opening the card.
  • Also, there are unlimited 1.5% cash rewards on net purchases.
  • This card offers the lowest possible intro APR on purchases and balance transfers from Wells Fargo.
  • There are also no category restrictions or quarterly sign-ups to limit cash rewards earnings.
  • The cash rewards also don’t expire while the account is open.
  • Finally, customers enjoy account protections such as 24/7 Fraud monitoring, Rapid Alerts and zero liability protection for promptly reporting unauthorized transactions.

Wells Fargo Propel American Express Card

Customers who wish to enjoy rewards on flexible purchases will find this card suitable. Furthermore, there is no annual fee on the card.

  • The card includes a 10% annual bonus on non-bonus rewards points. This is if they maintain a qualifying Wells Fargo checking or savings account.
  • The rewards are 3x points at U.S. gas stations, 2x points at U.S. restaurants, 1x on almost all other net purchases.
  • Furthermore, customers enjoy 5 years to use the points they earn.
  • Customers enjoy entertainment and shopping benefits including early access to entertainment tickets.
  • There is a low introductory APR on purchases and balance transfers for 15 months.
  • Finally, customers enjoy free access to their FICO credit score with Wells Fargo Mobile.

Wells Fargo Visa Signature Card

This is the ideal card for those who love exceptional benefits and travel opportunities. Furthermore, this card carries flexible rewards.

  • As an online promotion, customers will earn 15,000 bonus points if they spend $1,000 on net purchases within the first 3 months.
  • The bonus points include 5x points on gas, grocery, and drugstore net purchases for 6 months. There is also 1x points on almost all other net purchases.
  • Customers have up to 5 years to use the points they earn.
  • Furthermore, customers receive 50% extra value when bonus points are redeemed for airfare.
  • Customers also receive exceptional Visa signature privileges including insider access to popular events.
  • Finally, customers have free access to their FICO credit score with Wells Fargo Mobile.

Wells Fargo Propel 365 American Express Card

Customers who enjoy rewards on top of rewards will want to sign up for this card. Also, customers get 20,000 bonus points if they spend $3,000 in the first 3 months.

  • There is an annual relationship bonus on non-bonus rewards points. This is just for having a Wells Fargo checking or savings account or Portfolio by Wells Fargo product suite.
  • This account charges no foreign currency conversion fees.
  • Also, customers earn 3x points at U.S. gas stations, 2x points at U.S. restaurants, 1x on virtually all other net purchases.
  • Furthermore, it provides access to exclusive American Express offers and unique travel experiences.
  • Finally, customers have free access to their FICO credit score with Wells Fargo Mobile.

Wells Fargo Home Rebate Visa Signature Card

Wells Fargo
Screenshot of Wells Fargo Home Rebate Visa Signature Card

This is the perfect credit card for those who have mortgages with Wells Fargo. Furthermore, the card also provides customers with flexible rewards.

  • The card allows customers to turn everyday purchases into rebates that can help pay down the mortgage principal balance faster.
  • Also, customers enjoy 5% rebate on gas, grocery, and drugstore net purchases for 6 months. There is also 1% rebate on virtually all other net purchases.
  • Customers have access to exceptional travel benefits as well.
  • There is no annual fee on the card.
  • Furthermore, rebates applied automatically in $25 increments toward the principal balance of an eligible Wells Fargo mortgage loan.
  • Also, Visa Signature privileges including travel benefits, special shopping offers, and insider access to popular events.
  • Finally, customers have free access to their FICO credit score with Wells Fargo Mobile.

Wells Fargo Rewards Card

There are a number of reasons why customers who like rewards should get this card. Flexible and bonus rewards are just two of those reasons.

  • Customers who apply online get 15,000 bonus points if they spend $1,000 in the first 3 months.
  • They will also earn 5x points on gas, grocery and drugstore net purchases for 6 months. 1x Points in virtually all other net purchases. Also, customers enjoy 5 years to use the points they earn.
  • The card includes a low introductory APR on balance transfers and purchases.
  • There is no annual fee on the card.
  • Furthermore, the card provides flexibility to use points toward travel, gift cards, merchandise, cash redemption, and more.
  • Finally, customers enjoy account protection features.

Wells Fargo Platinum Card

This card offers customers the lowest intro APR on purchases and balance transfers. Furthermore, there is no annual fee on the card.

  • This account allows customers to take control of their finances.
  • Also, customers benefit from paying down balances.
  • They can pay for large ticket items over time.
  • The account features account protection benefits.
  • Furthermore, customers have access to My Money Map which helps them manage spending and create a budget with ease.
  • Finally, customers have free access to their FICO credit score through Wells Fargo Mobile.

Wells Fargo Home Rebate Card

This account is suitable for those who have a Wells Fargo Mortgage.

  • The account turns everyday purchases into rebates, which then help to pay down the mortgage principal balance faster.
  • Furthermore, customers enjoy 5% rebate on gas, grocery, and drugstore net purchases for 6 months. There is also a 1% rebate on virtually all other net purchases.
  • The account carries no annual fees.
  • The rebates are applied automatically in $25 increments toward the principal balance of their eligible Wells Fargo mortgage loan.
  • There is also flexibility to use the rebates toward travel, gift cards, merchandise, cash redemption, and more.
  • Finally, customers have free access to their FICO credit score with Wells Fargo Mobile.

This may be considered a fairly new product, but see how Ally Bank climbed the rankings with its CashBack Credit Card here.

Wells Fargo Cash Back College Card

College students will find this card to be the ideal means to build their credit record while in college. Furthermore, students also benefit from cash rewards.

  • There is 3% cash rewards on gas, grocery, and drugstore purchases for the first 6 months. Also, 1% cash rewards on virtually all other net purchases.
  • Customers don’t pay any annual card fees.
  • The card carries a low introductory APR which allows students to buy what they need while in college.
  • The card also offers flexible reward redemption options.
  • Finally, customers have free access to the Wells Fargo credit education and tools.

Wells Fargo Secured Credit Card

This card is suitable for building or rebuilding credit. It is also the ideal card for foreign nationals.

  • This card allows customers to build their credit history. With responsible use, customers can upgrade to an unsecured credit card.
  • Customers can get started, if approved, with as little as $300 security deposit.
  • There is an annual card fee of $25.
  • The card activity is shared with major credit bureaus to help build a credit history.
  • Customers can use this card anywhere Visa credit cards are accepted as it's not a prepaid or debit card.
  • The security deposit is equal to the credit line.
  • Finally, the card is available to both U.S. and temporary residents.

We recently did a full review on Wells Fargo's Checking Accounts. Read more on that here.

Critical Reviews Rating Wells Fargo Credit Cards – 10 of 10

This is an ideal mix of credit card products, as it speaks to a variety of credit card users. From college kids to those who do a lot of traveling, there is a card for everyone. The costs are in line, the rewards are fantastic, and customers have the opportunity to build or restore their credit history. All in all a well-deserved perfect score.

For a full review on Wells Fargo, read here.

SHARE

NO COMMENTS

LEAVE A REPLY