If you’re in the market for a credit card, there are a few things you should know. First of all, credit cards offer consumers the chance to borrow money in order to purchase items or take out loans. This can be a great way to get access to funds when you need them and can help you build your credit score. However, not all credit cards are created equal. When it comes to Wells Fargo cards, they tend to be one of the most popular choices. That’s because Wells Fargo is a reputable bank that has been around for a long time. In this blog post, we will review Wells Fargo credit cards and tell you everything you need to know before applying. We will also provide a comprehensive guide on how to maximize your benefits from using a Wells Fargo card.
What is a Wells Fargo Credit Card?
Wells Fargo is a major bank in the United States. They offer credit cards that can be used for a variety of purposes, including shopping, dining, and travel. Their cards are known for their low interest rates and easy to use features.
Wells Fargo offers several different types of credit cards, each with its own set of benefits and features. The following are some of the most popular Wells Fargo credit cards:
Wells Fargo Cash Back Credit Card: The Wells Fargo Cash Back Credit Card offers cardholders 5% cash back on all purchases, which can be redeemed as cash or deposited into a checking or savings account. This card also has no annual fee and no late fees.
Wells Fargo Platinum Credit Card: The Wells Fargo Platinum Credit Card offers cardholders 50,000 bonus points when they spend $1,000 within the first 3 months after getting the card. That equals $500 in rewards that can be used towards expenses like travel, dining, and shopping. The card also has an annual fee of $0 for the first year, then $99 per year after that.
Wells Fargo Advantage Credit Card: The Wells Fargo Advantage Credit Card offers cardholders 50% extra miles when they spend money on purchases related to travel or dining out. Plus, there’s no annual fee and no foreign transaction fees when you use this card abroad.
Types of Wells Fargo Credit Cards
If you’re looking for a good credit card that offers some great benefits, Wells Fargo might be the right option for you. We’ve reviewed several of their cards and found them to be fantastic choices overall.
Here are the three most popular Wells Fargo credit cards:
Wells Fargo Cashback Mastercard
This card is perfect if you’re looking for a simple, straightforward credit card that offers great rewards. You earn 2 percent cash back on all your purchases, which can add up quickly if you use the card regularly. Plus, there’s no annual fee and no foreign transaction fees.
Wells Fargo BankAmericard Cash Rewards Credit Card
If you’re in the market for a credit card that offers higher rewards than the Wells Fargo Cashback Mastercard, the Wells Fargo BankAmericard Credit Card may be a better option for you. You earn 1 percent cash back on all your purchases, plus 10 percent bonus rewards on select spend categories (such as restaurants and gas). However, there’s an annual fee of $95, and there are also foreign transaction fees associated with this card.
Wells Fargo Platinum Visa Signature Card
If you have excellent credit and are looking for a top-of-the-line credit card, the Wells Fargo Platinum Visa Signature may be worth considering. You earn 50 percent more points on all your purchases than with other cards we reviewed, which can lead to huge savings over time. However, this is a premium card
Fees and interest rates on Wells Fargo Credit Cards
If you’re looking for a good credit card with a low APR, Wells Fargo may be a good option. The company offers cards with variable APRs that range from 14.24% to 24.99%. There are also fixed-APR cards available with rates starting at 12.24%. You can also find cards with no annual fees and no late payment penalties. However, keep in mind that the cards have an interest rate of 22.24%, so it’s important to pay your bills on time if you want to avoid high interest rates down the road.
Rewards Programs offered by Wells Fargo Credit Cards
Wells Fargo offers a variety of rewards programs, including points and miles rewards, cash back rewards, and special deals.
Points and miles rewards : Wells Fargo offers two types of points and miles rewards programs: the Quicksilver Rewards program and the Preferred Rewards program. Points earned through the Quicksilver Rewards program can be transferred to participating airlines, hotel chains, car rental companies, retailers, and other organizations. Points earned through the Preferred Rewards program can only be transferred to Wells Fargo accounts or used for purchases at Wells Fargo retail locations.
Cash back rewards : Wells Fargo offers various cash back reward programs that offer participants multiple ways to earn cash back. The CashbackPlus™ program offers participants a minimum redemption of $50 per month in order to receive a cash reward. The My Cash Back account allows customers to earn unlimited points on all their spending. Once members reach 10,000 points they receive a $100 statement credit each year. The BeneFit™ program provides members with a quarterly bonus based on their overall account earnings as well as an annual bonus available upon activation.
Special deals : Wells Fargo also offers special deals available only to cardholders. For example, the 50% off sale offer allows cardholders to save 50% on select items at participating stores during the promotional period.
Conclusion
Wells Fargo is one of the most popular credit card companies on the market, and for good reason. They offer a wide variety of cards with great rewards programs that can help you improve your finances. However, Wells Fargo also has a history of being one of the worst banks when it comes to customer service, so if you have had problems with them in the past it is worth considering another company before getting a Wells Fargo credit card.