2% unlimited cash rewards – Cardholders earn unlimited cash rewards of 2% on every purchase, with no categories to activate or income limits to follow. Plus, you can redeem the cash rewards for everything from statement credits to gift cards, without any specific redemption hurdles.
While there are a few other cash back cards with the same reward rate, the Wells Fargo Active Cash℠ card stands out for its simplicity.
Sign up bonus of $ 200 in cash – New Wells Fargo Active Cash℠ cardholders can earn a $ 200 cash signup bonus by spending just $ 1,000 on their card in the first three months. Not only is this a very competitive sign up bonus for a no annual fee card, but it’s also one of the things that sets this Wells Fargo credit card apart from other 2% cash back cards. . Most cards with unlimited 2% cashback don’t come with a sign-up bonus.
Introductory APR offer 0% 15 months – New cardholders can enjoy an introductory 0% APR on new purchases and qualifying balance transfers for a full 15 months. This is a great deal, even compared to cards that are only marketed for a 0% introductory APR.
Keep in mind that only balance transfers made within the first 120 days will qualify for the reduced interest rate. A balance transfer fee will also apply to all transfers.
No annual fee – In many cases, high reward rates mean high annual fees. Not with the Wells Fargo Active Cash℠ card. The card has no annual fee, which means you won’t have to pay just to keep your account open.
Cell Phone Protection – With the price of a typical cell phone in the hundreds of dollars, having some sort of insurance is a good idea. With this Wells Fargo card, you can get built-in protection for your cell phone just by paying your cell phone bill with your card. Protection covers your phone in the event of theft, damage or “unintentional and accidental separation”. You can get up to $ 600 per claim – less a $ 25 deductible – and up to two claims per 12 month period.