On the other hand, the issuer also lengthened the introductory 0% APR period on the card. You now get an APR of 0% APR for 15 months on purchases and qualifying balance transfers, and then the ongoing APR of 16.24% - 28.24% Variable APR. That’s three months longer than before.
The Wells Fargo Cash Wise Visa® Card earns a flat 1.5% cash back on purchases and an annual fee of $0, which matches the terms on an array of cards. The 1.5% field has been churning a bit of late:
- In April, the Chase Freedom Unlimited® eliminated its $150 cash sign-up bonus in favor of a higher introductory rewards rate. With that card, you now get 3% cash back on the first $20,000 in purchases in the first year, and 1.5% on all other purchases.
- The American Express Cash Magnet® Card, introduced in summer 2018, formerly featured a two-tiered bonus offer for new cardholders worth up to $250. That’s since been reduced. The current offer: Earn a $150 statement credit after you spend $1,000 or more in purchases with your new Card within the first 3 months of Card Membership. Terms Apply.
For a high bonus on a $0-fee cash-back card, consider the Bank of America® Cash Rewards credit card - $200 Cash Rewards Offer: $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening. That card pays 3% cash back in a category of your choice and 2% cash back at grocery stores and wholesale clubs, on up to $2,500 per quarter in combined choice category/grocery store/wholesale club spending. All other purchases earn 1%.