Wells Fargo Active Card Card Review

You’ll get an intro 0% APR on purchases and qualifying balance transfers for 12 months from account opening. After that, a variable APR of 19.49%, 24.49% or 29.49% applies. For a balance transfer to be eligible for the intro APR, it must be completed within 120 days from account opening. There is an intro balance transfer fee of 3% of the amount transferred ($5 minimum), which applies for the first 120 from accounts opening. The standard balance transfer fee is 5% of the amount of each transfer ($5 minimum).

Other perks include cell phone protection if you use the card to pay your cell phone bill. If your phone is damaged or stolen, you can be reimbursed for the replacement or repair of your cell phone for up to $600 per claim and two claims per 12 months (with a $25 deductible).

You can also take advantage of Visa Signature perks, including Visa Signature® Concierge and access to the Visa Signature Luxury Hotel Collection. The concierge is a 24/7 complimentary personal assistance service to help you book travel, dining and entertainment. When you book through the Visa Signature Luxury Hotel Collection, you’ll get premium perks like a food and beverage credit, free daily breakfast and room upgrades (when available).

Earning

Before signing up for this credit card, consider your spending habits. If you spend a lot on dining or travel, a card that earns bonus rewards for those purchases may make more sense. On the other hand, anyone who would rather not worry about maximizing spending categories will appreciate being able to earn a high flat-rate return everywhere.

Redeeming

Regardless of how you use your rewards, the value is the same. You can redeem your cash rewards in a variety of ways, including:

• Statement credit to offset purchases ($1 minimum)
• Wells Fargo ATM withdrawal using a Wells Fargo debit or ATM card ($20 increments)
• A credit to an eligible Wells Fargo credit card, checking account or mortgage
• Gift cards
• PayPal purchases

For anyone interested in boosting the value of their rewards, pairing this card with the Wells Fargo Autograph℠ Card allows you to combine rewards and transfer them to hotel and airline loyalty programs. Neither card has an annual fee, so you’re not increasing your expenses when you pair these cards.

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