People who prioritize simplicity may prefer the Wells Fargo Active Cash card. Its 2% rate applies across the board, unlike some cash back cards that apply a lower base rate only in certain categories, and also provides handy extras such as cell phone protection.
Rewards credit cards typically provide multiple redemption options, from statement credits and gift cards to travel through Citi’s ThankYou program – with multiple airline and hotel partners.
0% introductory APR on purchases and balance transfers
If you’re in search of a credit card offering generous 0% APR on purchases and balance transfers, Wells Fargo Active Cash may be just what you need. Offering no annual percentage rate (APR), and offering 2% cash back across purchases with no category restrictions whatsoever – meaning rewards on all of your spending are possible with this card! However, be mindful that carrying an unpaid balance on it may negate any rewards earned; its high ongoing APR would effectively cancel them out over time.
Wells Fargo Active Cash card comes with an impressive $200 cash rewards bonus when spending $500 in the first three months, more than other rewards credit cards’ typical welcome offers. In addition, its benefits include cell phone insurance of up to $600 per claim – making the card especially appealing to individuals who pay regularly for phone plans or travel costs.
Wells Fargo Active Cash cards provide not only an introductory 0% APR rate but also a competitive rewards program with no annual fee. Cardholders can earn 2% cash back on all purchases without worrying about category restrictions or spending caps; you can redeem rewards for checks, statement credits or ThankYou points that can later be converted into cash rewards.
Wells Fargo Active Cash and Citi Double Cash offer comparable cash back rewards programs; however, there are some key differences between them. Citi card offers longer 0% introductory APR balance transfers compared to Wells Fargo card, and allows users to earn 1% cash back on all purchases as well as another 1% when paying bills.
Both cards provide simple, low-cost credit cards without fees or annual charges; however, for frequent travelers or those seeking greater rewards earning potential, the Citi Double Cash may be the superior option.
2% cash back on all purchases
Wells Fargo Active Cash card provides an outstanding opportunity, offering 2% cash back on all purchases – an impressive incentive in itself – but there are certain details you should keep in mind before applying for this card.
First and foremost, this card is not suitable for those who tend to carry balances on their credit cards. If this describes you, a lower APR card would likely provide greater rewards as interest will quickly outstrip them.
Second, this card offers some drawbacks for people seeking to maximize their rewards. Earning just 2% on all purchases can limit how you can maximize rewards; and there are no bonus categories or tracking points. If you want more from your rewards program, another card offering higher rates on specific purchases could be better suited.
One drawback of redeeming rewards is their limited flexibility – only cash statement credits or direct deposits into bank accounts (but not Wells Fargo accounts) are options available to redeem your rewards; there are no gift card redemption options or PayPal payments as possible redemption methods. While this may seem minor, maximizing flexibility is worth taking into consideration for your reward dollars.
This card also offers a $200 welcome bonus when spending $500 within three months of opening your account, comparable to welcome bonuses offered on other flat-rate cash back credit cards.
Overall, the Wells Fargo Active Cash is an excellent card for consumers who do not require multiple credit cards or bonus categories for spending. Its generous offer of 2% cash back on all purchases is exceptional while its 15 month 0% intro APR on purchases and balance transfers provides valuable incentives. Other credit cards may offer better rewards if they carry balances or require flexible redemption options; nonetheless if cash back credit cards are what you’re after then the Wells Fargo Active Cash should definitely be considered as one.
No annual fee
Wells Fargo Active Cash card is an ideal option for those seeking a flat-rate cash back credit card without annual fees. With it, you’ll earn 2% cash rewards on purchases with no minimum purchase required – adding up over time into significant value! In addition, this card also comes with an impressive welcome bonus: $200 cash back after spending $500 in three months from opening it; making this one of the more impressive welcome bonuses offered on flat-rate cash back credit cards.
Wells Fargo Active Cash card stands out from many credit cards by providing a consistent 2% cash back across all categories – such as travel or grocery. This makes it an excellent addition to cards that provide higher rewards in niche categories, yet isn’t suitable for people who spend most of their money there.
Wells Fargo Active Cash card stands out with its ease of use. While other credit cards with 2% rewards rates typically require you to redeem those rewards through certain restrictions or mechanisms, the Wells Fargo card lets you use your cash back however you wish – be it direct deposit to your bank account, statement credits or even Citi ThankYou points!
Wells Fargo Active Cash and Citi Double Cash cards both feature numerous additional perks and benefits that can enhance the value of your credit card usage. For example, Wells Fargo’s card provides cell phone protection against damage or theft when used to pay monthly cell phone bills – this perk could save many users an average of up to $600! It also features a 0% intro APR period of 15 months on purchases and balance transfers; you also benefit from 24/7 customer service as well as access to a Visa Signature Concierge to assist with everyday needs.
No category restrictions
Wells Fargo Active Cash card is an ideal option for those who appreciate simplicity in rewards credit cards, offering a flat 2% cash back on all purchases without needing to track rotating categories, qualify for spending caps or quarterly activations requirements, etc. However, for those who regularly spend in niche categories like dining, gas or online shopping more targeted earning potential may be beneficial.
This card boasts some added perks that make it attractive to those seeking rewards credit cards, including up to $600 in cell phone damage or theft protection when paid on time, Visa Concierge for travel booking, restaurant and event ticket purchasing assistance, plus no annual fee and a welcome bonus of $200 cash back after spending $500 with them.
Reward credit cards typically provide rewards in the form of points or miles that can be redeemed for statement credits, gift cards and other items. Wells Fargo Active Cash and Citi Double Cash stand out by offering cash back for qualifying purchases instead; many consumers find this approach easier to understand and more straightforward to redeem than points or miles.
While offering an impressive cash back rate, the Wells Fargo Active Cash card may not be suitable for individuals with poor credit or carrying balances. To qualify for its introductory APR period and foreign transaction fees; however, this card has lower APR than some cards within its category.
No matter your financial standing, the Wells Fargo Active Cash card can help anyone earn solid rewards without going through hoops. Plus, it pairs perfectly with other rewards credit cards! If you’re thinking of applying for this card, read our comprehensive review to make an informed decision and determine if this one’s a fit for you!
