Everything you need to know about the Wells Fargo Active Cash card

Understanding Wells Fargo Active Cash Card

The Wells Fargo Active Cash Card differentiates itself from various leading alternatives as it comes with no annual fee and provides a significant cash rewards sign-up bonus. It also offers a 0% introductory APR and gives 2% cashback on all items purchased.

Despite the perks of travel credit cards like hotel credit benefits or free flights, cash-back credit cards are useful because of their simplicity.

Using a cash-back card requires no knowledge of redeeming points or miles and most of them do not charge an annual fee.

The advantage of using flat-rate cash-back cards is their convenience, as they guarantee a fixed percentage of cash returns, irrespective of what you expend.

Functioning of the Wells Fargo Active Cash Card

Being free of an annual fee, the Wells Fargo Active Cash offers unlimited 2% cash returns on purchases, which places it in competition with the leading flat-rate cashback cards available presently.

After an initial 0% APR on purchases for 15 months and suitable balance transfers, an adjustable APR of 17.99%, 22.99%, or 27.99% is imposed.

Despite there being a transfer fee, balance transfers executed within 120 days are eligible for the primary rate and fee of 3%, followed by a fee of up to 5%, with a least possible of $5. This makes it a reliable option for balance transfers.

There are multiple other flat-rate cash-back cards that offer 2%, but due to its simplicity and reward-acquisition ease, the Active Cash card is a uniquely straightforward choice.

In addition, the card eases access to the Visa Signature Luxury Hotel collection, Visa Concierge, and cell phone coverage benefits.

Even though it lacks some features, this card is ideal for those who mainly wish to earn cashback, foregoing other luxurious features.

Flat-rate cards are the most versatile cash rewards card options because they typically allow you to earn unlimited rewards on just about any purchase without thinking about bonus categories or spending limits.

As well as being more manageable for inexperienced users to operate compared to high-maintenance bonus category cards, the Wells Fargo Active Cash credit card can be vital to maximizing your cash returns.

Advantages of the Wells Fargo Active Cash Card:

2% cashback + Sign-up bonus

To be distinguished from similar cards, a flat-rate card needs to offer something exceptional as many cards provide a 1.5% cash return.

The range of credit cards presenting 2% cash return is rising. However, the Wells Fargo Active Cash Card is unique chiefly due to its sign-up bonus: Earn cash rewards of $200 after making purchases worth $1,000 in the first three months.

A 1.5% card might surpass a 2% card depending on your expenditure, whereas most other cards offering 2% back entirely disregard the sign-up bonus. The Wells Fargo Active Cash Card excels in this regard, standing out amongst its rivals.

Numerous redemption alternatives

You have four options to utilize your cash-back rewards:

• Credit into your account.
• By using a Wells Fargo debit or ATM card, a $20 withdrawal from a Wells Fargo ATM.
• A direct deposit into a Wells Fargo bank or savings account.
• A paper check sent by mail.

No annual fee

Even though annual fees are at times the admission charge for pricier rewards cards, reducing the annual worth of these cards. Because there’s no annual fee, this card is simple to maintain permanently.

0% intro APR offer

The Wells Fargo Active Cash® Card extends an advantageous, more extended interest-free duration, beneficial for those wanting to utilize the card for a hefty purchase to be paid off gradually or if you wish to shift debt from a high-interest card.

Following 15 months of introductory APR-free purchases and 15 months of introductory APR-free balance transfers on valid transfers, an enduring variable APR of 17.99%, 22.99%, or 27.99% applies.

Applying for a Wells Fargo Active Cash Card

If the diverse benefits of this incredible card pique your interest, peruse our article to know how to apply for it.

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