Wells Fargo’s credit card products haven’t always offered the biggest rewards or the flashiest benefits — but things have changed.
The issuer’s offerings have come a long way in recent years, and the right one could be a good fit regardless of whether Wells Fargo is already your primary bank.
Wells Fargo cards also offer certain features that are hard to find elsewhere:
- Cash rewards — literally. Wells Fargo lets you redeem rewards in $20 bills right at the ATM. To do this, use your Wells Fargo debit card at a Wells Fargo-owned ATM.
- Cell phone protection. You’ll receive up to $600 worth of coverage — after a $25 deductible — if your cell phone is damaged or stolen and you pay its monthly bill with an eligible Wells Fargo credit card.
Here are the Nerds’ picks for the top Wells Fargo credit cards:
For travelWells Fargo Propel American Express® Card boasts an impressive combination of features for a travel credit card. For starters, it earns triple Go Far Rewards points on a wide variety of spending, including dining out and ordering in; gas stations, rideshares and transit; travel categories like airfare, hotels, homestays and car rentals; and even online streaming services like Netflix, Hulu, Spotify Premium and more.
Any spending that doesn’t fall into a bonus category earns 1 point back per $1 spent.
Plus, the card comes with a generous welcome offer to get you started: Earn 30K bonus points when you spend $3,000 in purchases in the first 3 months – that’s a $300 cash redemption value. Terms apply. The card also offers an introductory APR: 0% on Purchases and Balance Transfers for 12 months, and then the ongoing APR of 14.74% - 27.24% Variable APR.
And you get all of this for an annual fee of $0, which is hard to find in a travel card. (You won’t, however, get some of the premium perks you can find on travel cards that do charge annual fees, such as travel credits, transfer partners and airport lounge access.)
There’s no limit on the number of points you can earn with the Wells Fargo Propel American Express® Card, and your rewards won’t expire as long as you have an open account. Points are generally worth 1 cent each, and you can redeem for travel, cash back, gift cards and more.
For everyday spendingWells Fargo Cash Wise Visa® Card is a flat-rate cash-back card that offers an unlimited 1.5% cash back on all purchases. Rewards don’t expire, and the annual fee is $0.
The Wells Fargo Cash Wise Visa® Card offers a lower ongoing rewards rate than some competitors, although in your first year, it earns you 1.8% cash back on eligible Apple Pay and Google Pay purchases.
You’ll also be eligible for a top-notch sign-up bonus: Earn a $200 cash rewards bonus after spending $1,000 in the first 3 months. And the card offers an introductory APR: 0% on Purchases and Balance Transfers for 12 months, and then the ongoing APR of 16.24% - 28.24% Variable APR.
These features help differentiate the Wells Fargo Cash Wise Visa® Card among other available flat-rate cash-back cards.
One cash-back caveat, and it applies for both the Wells Fargo Cash Wise Visa® Card and the Wells Fargo Propel American Express® Card: You’ll face minimum redemption thresholds.
- You’ll need at least 2,000 points ($20) to withdraw cash from a Wells Fargo ATM.
- You’ll need at least 2,500 points ($25) to redeem via phone or online (as a statement credit or a deposit into a Wells Fargo account), or to request a mailed paper check.
For 0% intro APR periodWells Fargo Platinum Visa® Card is a good choice.
Its annual fee is $0, and it offers an introductory APR: 0% on Purchases and Balance Transfers for 18 months, and then the ongoing APR of 17.74% - 27.24% Variable APR.
That’s a nice long interest-free runway, although it’s not the longest available window for purchases or for balance transfers. For the latter, keep in mind that you’ll be charged a balance transfer fee of $5 or 3% of the transferred balance, whichever is greater, for 120 days from account opening. After that, the balance transfer fee increases to up to 5%, with a minimum of $5.
Also, this card doesn’t earn rewards, so you won’t have much incentive for using it once you’ve paid off your purchase or balance transfer.