2% Cash Rewards without Limits — Cardholders can earn a flat 2% cash rewards on all purchases without the hassle of activating categories or tracking earnings limits.
While there are cards with higher cash back rates on specific categories, they often require more effort and come with caps and restrictions on eligible purchases. The Wells Fargo Active Cash® Card is ideal for those seeking a straightforward card with generous rewards without any limitations or complexities.
$200 Cash Rewards Welcome Bonus — New Wells Fargo Active Cash® Card users can receive a $200 cash rewards welcome bonus by spending just $500 on purchases within the initial three months. This competitive sign-up bonus, coupled with no annual fee, sets this card apart from other 2% cash back cards, making it a standout choice.
0% APR Introductory Offer for 15 Months — New cardholders can benefit from a 0% intro APR on both new purchases and eligible balance transfers for a full 15 months from the account opening date. (Following this period, a Variable APR rate of 20.24%, 25.24%, or 29.99% applies.) This feature is particularly attractive compared to cards solely offering a 0% intro APR, allowing users to avoid interest on purchases and balance transfers well into 2025!
It’s important to note that to qualify for the reduced interest rate and lower balance transfer fee, balance transfers must be initiated within the initial 120 days.
No Annual Fee — Despite its high rewards rate, the Wells Fargo Active Cash® Card does not charge an annual fee.
Cell Phone Protection — Given the cost of cell phones, having insurance is advisable. This Wells Fargo card offers built-in cell phone protection of up to $600 when users pay their cell phone bill with the card, subject to a $25 deductible.
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Frequently Asked Questions (FAQs)
1. Can I earn cash rewards with the Wells Fargo Active Cash Card?
Yes, cardholders can earn unlimited 2% cash rewards on all purchases without any restrictions on categories or earnings limits.
2. Is there a welcome bonus for new Wells Fargo Active Cash Card users?
Absolutely! New cardholders can enjoy a $200 cash rewards welcome offer by spending just $500 on purchases within the first three months.
3. What is the introductory APR offer for new cardholders?
New cardholders can benefit from a 0% intro APR on new purchases and eligible balance transfers for 15 months from the account opening date.
4. Does the Wells Fargo Active Cash Card have an annual fee?
No, this card does not have an annual fee, making it a cost-effective option for those looking to maximize rewards without additional costs.
5. What is the cell phone protection feature offered with this card?
Cardholders can receive up to $600 in cell phone protection by paying their cell phone bill with the Wells Fargo Active Cash Card, subject to a $25 deductible.
