Looking for a new credit card but don’t know where to start? Consider the Wells Fargo Platinum Credit Card. With no annual fee, great perks, and a straightforward rewards program, this credit card is an excellent choice for those looking for an everyday rewards card. Keep reading for more information about the Wells Fargo Platinum Credit Card and how it compares to other cards on the market.
What is the Wells Fargo Platinum Credit Card?
The Wells Fargo Platinum Credit Card is a great choice for anyone looking for a new credit card. It offers a 0% APR for the first 18 months, which is one of the longest intro periods available. There is no annual fee and you’ll earn 1.5% cash back on all purchases. You’ll also get access to exclusive benefits like travel accident insurance and 24/7 customer service.
How Does the Wells Fargo Platinum Credit Card Work?
Assuming you are referring to the Wells Fargo Platinum Visa® Card:
The Wells Fargo Platinum Visa® Card offers 0% Intro APR for 18 months on purchases and qualifying balance transfers (made within 120 days of account opening)* and then a variable APR of 16.40%-24.40%. There is no annual fee.
Cardholders earn 3x points per $1 spent on travel and dining at restaurants worldwide, and 1x point per $1 spent on all other net purchases. Points can be redeemed for cash back, gift cards, travel, and more through the Wells Fargo Rewards Program.
Additional perks include cell phone protection, up to $600 per claim with a $25 deductible (terms apply), 24/7 concierge services, and more.
What are the Benefits of the Wells Fargo Platinum Credit Card?
The Wells Fargo Platinum Credit Card offers a variety of benefits for cardholders. These benefits include a 0% APR on purchases and balance transfers for the first 18 months, no annual fee, and a rewards program that offers points for every dollar spent. Additionally, cardholders can enjoy special perks such as travel accident insurance, concierge service, and access to exclusive events.
What are the Fees and Interest Rates of the Wells Fargo Platinum Credit Card?
The Wells Fargo Platinum Credit Card has a $0 annual fee and a 0% introductory APR on purchases and balance transfers for 18 months (then a variable APR of 14.49%-24.99%). There is no foreign transaction fee.
Cardholders earn 5x points per $1 spent on up to $5,000 in combined purchases in the following categories each quarter: gas, grocery, and drugstores. All other purchases earn 1x point per $1 spent. There is no limit to the number of points you can earn and points do not expire.
Redeem your points for cash back, travel, merchandise, or gift cards from popular retailers such as Amazon.com or Starbucks. You’ll need at least 2,500 points to redeem for cash back (which can be deposited directly into your Wells Fargo checking or savings account) or travel rewards. For merchandise and gift cards, redemption values start at 3,500 points.
Points are worth 1 cent each when redeemed for cash back or travel through the Wells Fargo Go Far Rewards program. When redeemed for other options such as gift cards or merchandise, the value will vary depending on the retailer selected.
How to Apply for the Wells Fargo Platinum Credit Card
In order to apply for the Wells Fargo Platinum Credit Card, you will need to fill out an online application. The application will ask for your personal information, such as your name, address, and Social Security number. You will also need to provide financial information, such as your annual income and debts. Once you have completed the application, you will need to submit it for review.
If you are approved for the Wells Fargo Platinum Credit Card, you will receive a credit card with a credit limit of $5,000. You will also be able to choose your own monthly payment due date and will receive 0% APR on purchases and balance transfers for the first 18 months. There is no annual fee for this credit card.
If you’re looking for a credit card with a low interest rate and plenty of perks, the Wells Fargo Platinum card is a great option. With no annual fee and a 0% intro APR on purchases and balance transfers for 18 months, it’s easy to see why this card is so popular. You’ll also earn 3% cash back on gas and grocery purchases (up to $1,500 per quarter) and 1% cash back on all other purchases. Plus, you’ll get a free FICO® score every month to help you keep track of your credit health.
The bottom line? The Wells Fargo Platinum card is a great choice for anyone who wants a low-interest credit card with plenty of rewards.