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

An Overview of Wells Fargo Active Cash Card

The Wells Fargo Active Cash Card, a credit card without any annual fee, is unique in contrast to other popular options due to its attractive cash rewards sign-up bonus and 0% introductory APR. Furthermore, it offers 2% cash back on all purchases.

Even though travel credit cards can yield perks like free flights or hotel credits, the simplicity of cash-back credit cards makes them a great choice.

Unlike other options, cash-back cards don’t necessitate knowledge about point or mile redemption values and many don’t even have an annual fee.

Flat-rate cash-back cards are particularly effortless to use as they ensure a steady percentage of cashback on any purchase.

Functioning of the Wells Fargo Active Cash Card

The Wells Fargo Active Cash doesn’t impose an annual fee and offers a consistent 2% cash reward on purchases. This feature makes it a strong contender among leading flat-rate cash back cards.

There is a 0% APR on purchases and eligible balance transfers in the introductory 15-month period. Subsequently, it comes with a variable APR of 17.99%, 22.99%, or 27.99%.

Balance transfers made in the first 120 days are also eligible for the introductory rate and fee of 3%, which escalates to a maximum of 5% thereafter with a minimum charge of $5. This renders the card suitable for the purpose of balance transfers.

While other flat-rate cash-back cards offering 2% are also available, the Active Cash card distinguishes itself with its simplicity and reward earning ease.

This card provides additional benefits like access to Visa Concierge and the Visa Signature Luxury Hotel collection along with cell phone protection.

Despite limited features, this card is an optimal choice for those who primarily wish to earn cash back without unnecessary frills.

The nature of flat-rate cards makes them the most flexible cash rewards option. They usually permit limitless rewards on almost any purchase without concerning bonus categories or spending limits.

Due to its simplicity of use for newbies, the Wells Fargo Active Cash Card can be pivotal in maximizing your cash rewards, especially when compared to high-maintenance bonus category cards.

Benefits of Wells Fargo Active Cash Card:

2% cashback + Sign-up bonus

A flat-rate card needs a distinguishing factor to be noticed, considering many cards offer 1.5% cash back.

The Wells Fargo Active Cash Card is distinguished for its 2% cash back and sizable sign-up bonus of cash rewards up to $200 on $1000 expenditure within the first three months.

Although a 1.5% card could surpass a 2% card depending on your spending patterns, it is noteworthy that most other 2% cash back cards don’t offer a sign-up bonus. So, the Wells Fargo Active Cash card outshines its competitors in this regard.

Variety of redemption options

Your cash-back rewards can be used in four different ways:

A credit to your account.
A $20 withdrawal from a Wells Fargo ATM with a Wells Fargo debit card or ATM card.
A direct deposit into a Wells Fargo bank or savings account.
A paper check delivered via mail.

No Annual Fee

While annual fees are often the trade-off for better reward cards, they reduce the overall yearly value of the cards.

Not having an annual fee, this card can be kept easily for a long haul.

0% introductory APR offer

The Wells Fargo Active Cash® Card extends an interest-free period that is useful for making hefty purchases that need to be paid over time or for transferring debt from high-interest cards.

Upon completion of 15 months of 0% introductory APR-free purchases and similar introductory phase for balance transfers on qualifying transfers, a variable APR of 17.99%, 22.99% or 27.99% will be applied.