Wells Fargo Credit Cards: Key Benefits to Know Before Applying

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Individuals who want reliable, secured credit cards for their day-to-day purchases and travels should check out Wells Fargo credit cards offerings. With impressive cashback option, striking rewards, low-interest balance transfers, and no annual fee, the bank promises a number of features and benefits that are worthy of your attention.

Offering a total of seven incredible credit cards, Wells Fargo allows customers to choose which card perfectly suits their lifestyle and priorities. Whether it be for large purchases, debts, or overseas travels, expect that there will be an excellent credit card that is just right for you.

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Interested to know more about Wells Fargo Credit Cards? Read the rest of this article to learn about their features, benefits, eligibility requirements, application rules, and more.

Wells Fargo Credit Cards are useful.

Features & Benefits of Wells Fargo Credit Cards

The credit cards of Wells Fargo present dozens of remarkable features and must-have benefits. The Wells Fargo Propel American Express® Card will let you enjoy 30,000 bonus points when you spend $3,000 in purchases within the first 3 months of opening your account. That amount is equivalent to at least a $300 cash redemption value! This card also has zero annual fees and enables you to earn points for eligible purchases.

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The Wells Fargo Cash Wise Visa® Card, on the other hand, gives you a $150 cash rewards bonus when you spend $500 in purchases within the first 3 months. It also offers unlimited 1.5% cash rewards on purchases and will let you enjoy the bank’s lowest possible intro APR on purchases and balance transfers for 15 months.

Meanwhile, the Wells Fargo Visa Signature® Card is gaining customers with its features that allow users to earn 5x reward points when they spend $12,500 on gas, grocery, and drugstore purchases in the first 6 months of opening an account. The credit card also grants 50% more value for points when they are redeemed for airfare.

Similarly, the Wells Fargo Rewards® Card also offers 5x reward points for $12,500 spent on the first 6 months after the account is opened. However, as a bonus, the card offers the lowest possible intro APR on balance transfers and purchases to users.

Through the Wells Fargo Cash Back College® Card, holders may also build credit history while still in college and enjoy 3% cash rewards when they spend $2,500 on gas, grocery, and drugstore purchases during the first 6 months.

Customers who want to establish their credit history may also want to check out the Wells Fargo Secured Credit Card, which lets them access a $300 security deposit once their application had been approved.

Last but not the least, the Wells Fargo Platinum Card presents the lowest possible intro APR for 18 months on purchases and balance transfers. Also, this card has no annual fee.

Wells Fargo Credit Cards Cons

Despite their long lists of remarkable features, Wells Fargo Credit Cards still present a few areas that need further improvement. In particular, under the bank’s current arrangements, cardholders need to pay a fee for overdraft protection. This means if you want to link a savings account or credit account to your Wells Fargo Checking account, you’ll need to pay a fee for the service. You’ll also need to pay another fee for each transfer in case Wells Fargo has to advance money to your checking account to prevent an overdraft.

Wells Fargo Credit Cards Offers

Should you decide to get a credit card from Wells Fargo, you have a diverse set of options to choose from. This includes the Wells Fargo Propel American Express® Card, the Wells Fargo Cash Wise Visa® Card, Wells Fargo Visa Signature® Card, the Wells Fargo Rewards® Card, the Wells Fargo Platinum Card, the Wells Fargo Cash Back CollegeSM Card, and the Wells Fargo Secured Credit Card.

Each of these cards has unique options, like bonus sign-up offers, cashback rewards, and special APRs.

Wells Fargo Credit Cards & Balance Transfers

Wells Fargo Credit Cards are the best option for people who need to pay off their debts with other banking institutions. Overall, most of the Wells Fargo credit cards offer 0.00% introductory APR, with some offers lasting up to 18 months. After that, your succeeding balance transfers can be charged with a variable APR of 18.49% to 27.49%, based on your creditworthiness.

Wells Fargo Credit Cards Eligibility

Interested customers who want to avail a credit card from Wells Fargo will need to meet a certain set of eligibility requirements made by the bank. This includes having a minimum good credit (700-749) before applying for the Cash Wise Visa, Platinum, and Propel American Express cards. However, applicants with bad credit (640), can still qualify for the Cash Back College Card.

Wells Fargo also requires that applicants must be at least 18 years of age and a citizen or a permanent resident of the U.S. with a valid Social Security Number.

Wells Fargo Credit Cards Application

To apply, customers can simply visit the Wells Fargo website, pick your preferred credit card, and click on the “Apply Now” button usually located under the details of each credit card. In order to open an account, you will need to submit your name, address, date of birth, and other information that will allow the bank to identify you. Wells Fargo may also ask for your driver’s license or other identifying information.

Individuals who prefer in-bank applications can also visit the site to locate the nearest Wells Fargo branch in their area.

Wells Fargo Credit Cards Activation

There are 3 ways for users to activate their credit cards. The first one is by activating it online or through your Wells Fargo Mobile® app. The second is by calling 1-877-294-6933 from your home or mobile phone. And the third is by directly using the card with your Personal Identification Number (PIN) at any Wells Fargo ATM.

Wells Fargo Credit Cards Limit

Submitting all the necessary information asked for in your application will help Wells Fargo to identify the right credit limit for your account. Generally, the bank will base the credit limit on an applicant’s creditworthiness.

Wells Fargo Credit Cards APR, Interest Rates, & Fees

  • Annual Fee – No annual fee
  • APR – 15.99% to 27.99% for the Propel American Express and Cash Wise Visa; 14.49% to 27.49% for the Visa® Signature® Card; 18.49% to 27.49% for the Rewards® Card; 17.49% to 26.99% for the Platinum Card; 13.15% to 23.15% for the Cash BackSM College Card; and 20.99% for the Secured Visa® Credit Card
  • Balance Transfer Fee – Up to 5% for each balance transfer, with a minimum of $5
  • Cash Advances – Either $10 or 5%, whichever is greater
  • Overdraft Protection Advances – $12.50 if the total of day’s advances is $50 or less; $20 if the total of day’s advances is greater than $50
  • Late payment fee – Up to $37
  • Returned Payment Fee- Up to $37
  • Foreign Currency Conversion Fee – 3%

Wells Fargo App & Online Banking

Customers can easily manage their accounts and keep track of their spending with the Wells Fargo Mobile® App, which is available for download on both Google Play and the App Store. Through the said app, users can quickly access their accounts with Fingerprint Sign-On, review their activities and balances, activate and replace credit/debit cards, as well as enjoy card-free ATM access at 13,000 ATMs.

Users are also allowed to access and manage their accounts via the bank’s online banking platform.

Wells Fargo Credit Cards: Key Benefits to Know Before Applying

Already a Wells Fargo Customer?

If you’re already a member of the Wells Fargo bank, here are a few important details you need to know in order to quickly manage your account.

Wells Fargo Address & Contact Details

If you have any inquiry regarding your account, you can contact Wells Fargo at 1-800-869-3557. The service is available 24 hours a day, 7 days a week. On the other hand, customers with hearing problems may reach the bank through 1-800-877-4833.

You may also visit the bank’s website to locate the nearest branch in your area.

Wells Fargo Payment Options

Customers at Wells Fargo have three options to pay their bills. The first one is online by signing on to Wells Fargo Online. The second is by regular or express mail (which should include the user’s credit card account number on the check). And the third is by contacting the bank at 1-800-869-3557 through mobile.

How to Cancel a Wells Fargo Credit Card

Users who wish to cancel their credit cards can call and notify the bank at 800-642-4720. Once your request has been approved and the process has been completed, your lender or creditor will typically send a letter confirming the closure of the account.

However, in case a letter is not received, you might want to follow-up and request a formal letter for your records.

Conclusion

Overall, individuals who are keen on having the right credit card that will let them earn a massive amount of points and a longer interest-free period may want to check out Wells Fargo’s list of credit cards.

To know more about each card, be sure to visit the bank’s official website today.

Note: There are risks involved when applying for and using a credit card. Please see the bank’s Terms and Conditions page for more information.

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