Advertiser Disclosure

Wells Fargo raises APRs across the board, College cards especially hard hit.

Credit Cards
With so many websites offering free financial tools, it can be hard to know whom to trust. At NerdWallet, we thoroughly research financial products and companies, and adhere to strict standards of editorial integrity to find you the best choices. We even share how we make money so you can rely on our expert advice and recommendations with clarity and confidence.

Wells Fargo has raised APRs across the board. The biggest increases are on College Visa and CashBack College Visa, ahead of the new CARD law requiring credit card applicants under the age of 21 to co-sign with a legal guardian.

  • Minimum APRs on the Wells Fargo College Visa card  and Cash Back College Visa card were increased by 3% to 14.65% and 15.65%.
  • Wells Fargo Visa Platinum card minimum APR was raised 1% from 10.65% to 11.65%.
  • The remainder of the credit card portfolio was raised 1% from 12.65% to 13.65%.