Wells Fargo Active Cash^®: Unlimited 2% Cashback on Every Purchase

Pros and Cons

Pros:

• Sign-up bonus
• Unlimited 2% cashback on all purchases
• No annual fee
• Intro 0% APR on purchases and balance transfers
• Cell phone protection

Cons:

• No bonus categories
• High regular APR
• Foreign transaction fees
• No extended warranty coverage

Application Restriction

You may not be eligible for this card if you’ve opened another Wells Fargo consumer credit card within the past 4 months.

Welcome Offer

Earn a $200 bonus after spending $500 in the first three months.

Big4credit Tip: You may not qualify for the welcome bonus, introductory APR, or promotional fees if you currently have this card or opened it within the past 48 months, even if the account has since been closed.

Rewards

2% Cashback on all purchases.

Redemption Options

Flexible Redemption:

• Redeem to eligible Wells Fargo credit card or checking accounts
• Redeem for travel
• Redeem for gift cards
• Redeem for purchases
• Pay with rewards
• Set up auto redemption to eligible Wells Fargo credit card or checking accounts ($25 increments)
• Gift to family and friends who are Wells Fargo customers ($25 increments)

Fees and APR

• Annual Fee: $0.
• 0% Intro APR on Purchases and Balance Transfers: Enjoy 0% intro APR for 12 months from account opening. To qualify for the balance transfer offer, transfers must be completed within the first 120 days.
• Regular APR: After the introductory period, a variable APR of 18.49%, 24.49%, or 28.49% applies to purchases and balance transfers.
• Intro Balance Transfer Fees: $5 or 3% of the transfer amount, whichever is greater, for balance transfers made within the first 120 days.
• Regular Balance Transfer Fees: $5 or 5% of each transfer amount, whichever is greater, for balance transfers made after the introductory period ends.

Big4credit Tip: This card offers a 0% introductory APR for 12 months on purchases and on qualifying balance transfers made within the first 120 days of account opening. This can be a great opportunity to finance a large purchase or pay down higher-interest credit card debt without interest during the promotional period. To maximize the benefit, calculate a monthly payment plan that pays off your balance before the introductory APR expires. If you’re transferring a balance, avoid making new purchases on the card until you’ve paid off the transferred balance, as this can make managing your repayment strategy more difficult.

• Foreign Transaction Fee: 3% of each purchase transaction in U.S. dollars.

Travel Benefits

Visa Signature^® Luxury Hotel Collection: Access to participating hotels offering benefits such as room upgrades when available, daily breakfast for two, and select on-property credits when booking through the Visa Luxury Hotel Collection portal (terms apply).

Travel Protections

Auto Rental Coverage: Get reimbursement for theft and collision damage when you decline the rental company’s coverage and pay in full with your card. Coverage is secondary and provides reimbursement up to $50,000.

Travel & Emergency Assistance

• Roadside Assistance: Dispatch service available; service fees apply.
• Travel & Emergency Assistance: Access to emergency referral and coordination services while traveling (service referrals only; costs not covered).
• Emergency Card & Cash Assistance: 24/7 emergency card replacement and cash advance services (fees and interest may apply).

Purchase Protections

Cell Phone Protection: Get up to $600 per eligible claim, with a maximum of two claims in a 12-month period, against covered theft or damage when you pay your monthly cell phone bill with the card. A $25 deductible applies to each approved claim.

Lifestyle Perks

Visa Signature Concierge: 24/7 concierge assistance for travel planning, dining reservations, event tickets, and other services (availability and outcomes not guaranteed).

Shopping & Savings

My Wells Fargo Deals: Access personalized offers from popular merchants and earn cashback as a statement credit when you activate a deal and use your eligible Wells Fargo credit card.

Additional Features

Credit Close-Up^®: A free tool that helps you monitor your credit score and receive credit alerts.

Ratings

• Net Value & Cost Efficiency: 4.7/10
• Rewards & Earnings Power: 9.5/10
• Welcome Bonus Value: 8/10
• First-Year Earning Boost: 0/10
• APR & Interest Structure: 7.8/10
• Simplicity & Transparency: 10/10
• Perks, Benefits & Protections: 3.9/10
• Issuer Credibility & Stability: 6.2/10
• Installment & BNPL Features: 0/10
• Eligibility & Approval Accessibility: 7.5/10

Terms and Conditions

Click Apply Now to see the terms and conditions.

EarnSmart Rewards Strategy

• U.S. Bank Altitude^® Connect (travel, gas, and EV charging): Earn elevated rewards on travel, gas, and EV charging purchases, complementing Active Cash’s flat-rate rewards with higher earnings on transportation expenses.
• Discover it^® (rotating 5% bonus categories): Earn 5% cashback on rotating quarterly bonus categories (activation required), adding opportunities to maximize rewards beyond Active Cash’s unlimited flat-rate earnings.
• Cash+^® Visa Signature^®(Custom 5% categories): Earn 5% cashback in two categories of your choice, making it a strong companion for recurring expenses like utilities, internet service, or streaming subscriptions.

Alternative Cards

• Citi Double Cash^®: A strong alternative for cardholders who want unlimited cashback on every purchase and the flexibility to redeem rewards or convert them to Citi ThankYou^® Points for travel.
• Bank of America^® Unlimited Cash Rewards: A great choice for Bank of America customers, especially BofA Rewards members, who may earn an even higher cashback rate through the program.
• Quicksilver^® Rewards from Capital One: A simple flat-rate cashback card with no foreign transaction fees, making it a good fit for cardholders who travel internationally.

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