Wells Fargo credit cards are often straightforward. Some of them are not as appealing as those cards from Capital One, Bank of America, Discover, or Chase, but they can be reliable spending tools when used correctly. With this, our financial experts examined what Wells Fargo has to offer and rounded them up for your convenience. Now, have a look at the top 5 best Wells Fargo credit cards of 2022:
1 Wells Fargo Active Cash Card
Wells Fargo Active Cash Card
Intro Bonus: $200
Regular APR: 14.99% to 24.99% (Variable)
Credit Score: 670 to 850 (Good to Excellent)
Annual Fee: $0
Highlights:
- The card provides Visa Signature privileges, and through Visa Signature Concierge, you can get access to the world’s most intriguing and prestigious hotel properties.
- The card comes with a 3% foreign transaction fee.
- It offers 2% rewards without any category limitations.
- It can double as phone protection.
- There is an intro APR for both balance transfers and purchases.
Best Wells Fargo Credit Card for Flat-rate Cashback Rewards
Though Active Cash Card is one of the most straightforward Wells Fargo credit cards out there, it can be a powerful tool you can rely on for years. Unlike other cards that only offer a high earning rate for a limited time, this one comes with an unlimited 2% cash rewards rate on purchases. The best thing about it is that it is a flat-rate cashback card, which means there are no categories you need to keep your eye on. Plus, the cash rewards don’t expire as long as your account remains open. You can also redeem them for purchases or for gift cards, as a credit, or as cash at an ATM.
Also, despite being free from annual fees, the card can provide a $200 cash rewards bonus after spending $1,000 in purchases in the first 3 months. The card can also serve as a cellphone protection tool for up to $600 (subject to a $25 deductible) when you use it to pay your monthly cellular telephone bill.
Moreover, there is a 0% intro APR for 15 months from account opening on purchases and qualifying balance transfers. Nonetheless, note that for the latter, it should be made within the first 120 days of the card to be eligible for the said intro rate and the 3% fee (then a BT fee of up to 5%, minimum of $5). After the indicated number of months, a 14.99% to 24.99% variable APR will apply.
2 Wells Fargo Reflect Card
Wells Fargo Reflect Card
Intro Bonus: None
Regular APR: 12.99%-24.99% (Variable)
Credit Score: 700 to 749 (Good to Excellent)
Annual Fee: $0
Highlights:
- The card offers one of the most generous 0% intro APRs for purchases and balance transfers.
- The 0% intro APR can be up to 21 months.
- Balance transfers made within the first 120 days of the card qualify for the intro rate and fee of 3%, then a BT fee of up to 5% or min of $5.
- The card has a 3% foreign transaction fee.
- Despite the extended intro APR period, it has no rewards program or welcome bonus.
Best Wells Fargo Credit Card for Balance Transfers
While others are constantly looking for a card with a good rewards structure, some just need one with a handy intro APR. This is what Wells Fargo Reflect Card is all about. It has a $0 annual fee and doesn’t come with a welcome bonus, but you’ll be pleased with how long its introductory APR period is. Besides the 0% intro APR on qualifying balance transfers (should be made within 120 days) and purchases for 18 months from account opening, it comes with another 3 months extension! However, note that this intro APR extension will only be allowed with on-time minimum payments during the intro and extension periods (then 12.99% to 24.99% variable APR will apply). It can mean a strict demand in paying your bills on time, but it is worth it for the 21 months of promotional interest it can offer.
Cardholders of the Wells Fargo Reflect Card can also enjoy up to $600 of cell phone protection when you use the card in paying your monthly cell phone bill (subject to a $25 deductible). Moreover, you can earn cashback in the form of a statement credit while you shop, dine, or enjoy an experience through My Wells Fargo Deals.
The phone protection and My Wells Fargo Deals cashback are also a good addition, but other than those things, the card has nothing more to offer. With this, the long-term value of the card is something you should think about before applying for this one.
3 Wells Fargo Cash Wise Visa Card
Wells Fargo Cash Wise Visa Card
Intro Bonus: $150
Regular APR: 14.49% to 24.99% (Variable)
Credit Score: 670 to 850 (Good to Excellent)
Annual Fee: $0
Highlights:
- Regular digital wallet users can benefit from the 1.8% cash rewards of the card (only valid for the first 12 months of the card).
- It offers unlimited 1.5% cash rewards on purchases.
- The card comes with a 0% introductory APR on purchases and qualifying balance transfers for the first 15 months of the card.
- There is a $150 welcome bonus when you spend at least $500 in the first three months of account opening.
Best Wells Fargo Credit Card for Digital Wallet Users
If you often use Apple Pay or Google Pay when making payments, the Wells Fargo Cash Wise Visa Card is the best option to have. This Wells Fargo credit card lets cardholders earn 1.8% cash rewards when they use the qualified digital wallet options like the ones mentioned in making purchase payments. And while this only lasts up to the first 12 months of account opening, you are entitled to unlimited 1.5% cash rewards on purchases with no rotating categories to mind.
The card charges no annual fees, but you can still receive a $150 welcome bonus when you spend at least $500 in the first three months of account opening. As a bonus, it offers an introductory 0% APR on both purchases and qualifying balance transfers for 15 months from account opening (then a variable 14.49%-24.99% APR will apply).
4 Wells Fargo Business Secured Credit Card
Wells Fargo Business Secured Credit Card
Intro Bonus: None
Regular APR: 15.15% (Variable)
Credit Score: 0 to 649 (Bad to Poor)
Annual Fee: $0
Highlights:
- It is perfect for businesses that need to repair their credit score.
- You can choose between the 1.5% cashback and 1 point reward system.
- The maximum credit line that can be approved is $25,000.
- Businesses can qualify for up to 10 employee cards.
Best Wells Fargo Secured Credit Card for Businesses
Wells Fargo made sure to pack this secured card with decently satisfying features that any business with limited or poor credit can’t refuse. The card has no annual fee, but it still comes with a rewards structure that cardholders can enjoy while rebuilding their credit.
You have two options available when you qualify: 1.5% cashback on every $1 spent OR 1 point on every $1 spent. Choosing the latter will also give the cardholder 1,000 bonus points when the company spends $1,000 or more in any monthly billing period.
And while you need to provide a deposit as collateral (to match the $500 to $25,000 credit line approved), it comes with other benefits that you can enjoy. This includes zero liability protection, a $0 foreign transaction fee, autopay, online account management, fraud monitoring, overdraft protection, chip technology, and up to 10 employee cards at no additional cost.
5 Wells Fargo Visa Signature Credit Card
Wells Fargo Visa Signature Credit Card
Intro Bonus: None
Regular APR: 12.49% to 25.49% (Variable)
Credit Score: 740 to 850 (Excellent)
Annual Fee: $0
Highlights:
- The card has no welcome bonus, but it charges you $0 annual fees.
- It has an introductory 0% APR on purchases for 15 months.
- The 5x points earning is only valid for 6 months from account opening and has a limit of $12,500.
- The card offers various Visa Signature perks.
- You can bump up the value of your points by booking airfare through Go Far Rewards.
Best Wells Fargo Credit Card for Intro Offer
Wells Fargo Visa Signature Credit Card comes with an introductory 0% APR on purchases for 15 months from account opening (then 12.49%-25.49% variable APR), making it a good tool for short-term financing. It also grants 5x points on up to $12,500 spent on gas, grocery, and drugstore purchases during the first six months of account opening (and 1x rewards points per dollar on all other purchases).
On the other hand, while the things mentioned above are just valid for a minimal time, the card can offer cardholders the permanent perks you’ll expect from a Visa Signature card. Some include travel accident insurance, trip cancellation protection and lost luggage reimbursement, auto rental collision coverage, event access, 24/7 travel and emergency assistance, emergency card replacement and cash disbursement, and hotel benefits via the Visa Signature Luxury Hotel Collection. You can also take advantage of the Go Far Rewards to boost the value of your points up to 50% more by simply booking your airfare there.
