At a Glance

The Wells Fargo Active Cash Card is a popular credit card offering a straightforward cashback rewards program. In this guide, we explore the various features, perks, and rewards that cardholders can enjoy, shedding light on the cashback opportunities, special promotions, and exclusive privileges offered by Wells Fargo.

Whether you’re considering applying for the card or already possess it, this article serves as a valuable resource to understand and maximize the benefits associated with the Wells Fargo Active Cash credit card.

In this article you'll learn about various benefits:

 

With a $0 annual fee, the Wells Fargo Active Cash Card provides unlimited 2% cash back on all purchases, making it a reliable choice for everyday spending. Cardholders can earn a $200 cash rewards bonus after spending $500 in the first three months. Additionally, it features a 0% introductory APR on purchases and balance transfers for the first 15 months, making it appealing for those looking to consolidate debt or make large purchases without accruing interest.

Wells Fargo Active Cash®

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Reward rate: 2.00%
Reward details: Earn unlimited 2% cash rewards on purchases with no categories to track or quarterly activations close-icon

Card summary

Annual fee: $0
Regular APR: 20.24% - 29.99%
Recommended Credit Score: Good
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Protip Thomas Brock's Expert Take
In addition to the highly rewarding, hassle-free and fee-free nature of Wells Fargo Active Cash, I really like its generous introductory incentives. This includes the opportunity to earn a $200 cash reward when you spend $500 in purchases in the first 3 months and 0% interest on all purchases and qualifying balance transfers for 15 months.

Wells Fargo Active Cash rewards program benefits

1. 2% cash back on every purchase

Earn unlimited 2% cash back rewards on every purchase with no categories to track or quarterly activations. These rewards make this card one of the best available. In general, a flat-rate rewards structure is ideal for those who:

  • Don’t shop heavily within specific bonus categories.
  • Prefer the simplicity of earning the same rewards rate on all purchases.

Real Stories

I have found the Wells Fargo Active Cash Card helpful in my situation. The ease of the reward structure associated with the card fits perfectly into my demanding lifestyle. It offers a simple yet valuable proposition: an automatic 2% cash back on all purchases without restrictions to different categories or reward caps. This has greatly simplified the management of my expenditures because I have to pay for many office supplies and travel costs at work.

-- By Loretta Kilday, DebtCC Spokesperson, Debt Consolidation Care

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More: Best Flat-Rate Cash Back Credit Cards

2. A variety of redemption options

  • Cash back: Redeem rewards as a credit to a qualifying checking account or mortgage, available in $20 increments.
  • Statement credit: Redeem rewards as a credit to qualifying Wells Fargo credit cards.
  • Pay with rewards: Rewards can be used when checking out with participating merchants, or shop with rewards through the Wells Fargo Rewards portal.
  • Gift cards: Choose from hundreds of gift card options for yourself or as a gift, redeemable in many amounts.
  • Travel: Rewards can be used to purchase flights, car rentals, and hotel stays for your next vacation.

Real Stories

The straightforward approach to rewards redemption that the Active Cash Card offers also makes it more attractive. The simplicity of redeeming cash rewards through a statement credit to one's Wells Fargo account makes my life easier as I rely on every minute. In addition, the welcome APR for purchases and promotional offers provided flexibility and an opportunity to save, especially when larger debts are being managed or during times of excessive caseloads.

Overall, the simplicity and efficiency of the Wells Fargo Active Cash Card, with its value, is a viable decision in my professional world, where time management along with financial efficacy is required.

-- By Loretta Kilday, DebtCC Spokesperson, Debt Consolidation Care

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Wells Fargo Active Cash Intro APR benefits

1. A 0% intro offer on purchases

Get 0% intro APR for 15 months on purchases. After that, your variable APR will be 20.24%, 25.24%, or 29.99%. This can be a helpful feature if you need to pay off a large purchase over time without accumulating interest.

More: Best 0% APR Credit Cards

2. A 0% intro offer on balance transfers

Get 0% intro APR for 15 months on qualifying balance transfers. Transfers made within the first 120 days of account opening qualify for the intro rate and fee (3%). After 120 days, the fee increases to 5% ($5 minimum). This perk can be especially beneficial if you’re looking to consolidate and pay off your debt within that 15-month window.

Wells Fargo Active Cash Visa Signature benefits

1. Visa Signature Concierge

The Active Cash card is a Visa Signature card; therefore, cardholders get access to Visa Signature benefits such as complimentary, 24/7 access to the Visa Signature Concierge. This service provides cardholders with personalized information and referrals on a variety of topics such as travel, dining, and entertainment.

2. Visa Signature Luxury Hotel Collection

You’ll also get access to the Visa Signature Luxury Hotel Collection, which features more than 900 luxury hotels around the world. Take advantage of premium benefits such as automatic room upgrades, complimentary in-room Wi-Fi, complimentary breakfast, a food or beverage credit, and late checkout (upon request and when available). Some restrictions and terms apply.

Cell phone protection and other benefits

1. No annual fee

Good $0 annual fee cards are becoming hard to come by; so, this card is definitely worth a look.

More: Best No Annual Fee Cash Back Credit Cards

2. Cell phone protection

If you use your Wells Fargo Active Cash card to pay your cell phone bill, you can get up to $600 of cell phone protection against damage or theft (up to two claims per year; subject to a $25 deductible). Some terms and restrictions apply, but this reimbursement to repair or replace your phone can come in handy and save you money if you’re planning to pay for a separate cell phone insurance plan.

More: Best Credit Cards with Cell Phone Protection

How to maximize Wells Fargo Active Cash’s benefits?

1. Earn the intro spending bonus

The $500 target for earning a $200 cash-back bonus is easy enough for anyone to hit within the first three months. Keep it in your wallet when it’s time to go grocery shopping, and you’ll earn that bonus reward in no time.

2. Use it as your catch-all card

Some cash-back cards will earn more rewards in certain categories, while having a default earning rate of 1% for all else. If you’re good at staying organized, use those bonus cards for the special earning categories, and use the Active Cash card for everything else, since it has an unlimited 2% back on all purchases.

3. Pay off your cell phone bill with it

In order to take advantage of the $600 cell phone protection benefit, you need to use your Active Cash card to pay your monthly cell phone bill. Otherwise, you won’t be able to take advantage of this benefit.

4. Plan to pay off debt

Take advantage of the 15-month 0% APR on balance transfers to help pay off your debt faster while also saving money on interest. However, make sure you transfer the balance within the first 120 days of opening the account to get the introductory 3% balance transfer fee (otherwise, it’s 5%). Plus, the sooner you transfer the balance, the faster you can start paying it off.

How to decide if the Wells Fargo Active Cash Card is right for you

Deciding if the Wells Fargo Active Cash Card is right for you involves considering various factors to ensure it aligns with your financial needs and lifestyle. Here’s a guide to help you make an informed decision:

1. Spending habits: Assess your typical spending patterns. The Wells Fargo Active Cash Card is ideal for individuals who prefer a flat-rate cash back rate on all purchases. If you make a wide range of purchases across different categories, this card might be suitable.

2. Cashback preferences: Consider if you prefer a straightforward cash back structure. The card offers a flat 2% cashback on all purchases, providing simplicity and ease of understanding.

3. Annual fee: Determine if you want a credit card with no annual fee. The Wells Fargo Active Cash Card doesn’t have an annual fee, making it cost-effective for budget-conscious individuals.

4. Introductory APR: If you plan to carry a balance, evaluate the card’s introductory APR offers. The Wells Fargo Active Cash Card may have promotional rates, providing a temporary advantage for balance transfers or new purchases.

5. Additional benefits: Explore any additional perks the card offers, such as travel insurance, purchase protection, or other benefits. This card lacks the variety of luxury benefits and additional perks, so assess whether this aligns with your needs and preferences.

6. Bank relationship: If you already have a relationship with Wells Fargo or prefer a well-established bank, this card may be a convenient addition to your financial portfolio.

7. Redemption options: Understand the cash back redemption options. The Wells Fargo Active Cash Card allows for various redemption methods, including statement credits, direct deposits, and more. Choose a card that offers redemption options convenient for you.

8. Credit score: Check if you meet the credit score requirements for the card. Premium rewards cards typically require a good to excellent credit score for approval.

9. Reviews and ratings: Research reviews and ratings of the Wells Fargo Active Cash Card. Understand the experiences of other cardholders to gauge customer satisfaction and potential drawbacks.

Finally, compare the Wells Fargo Active Cash Card with other credit cards in the market. Consider interest rates, rewards programs, and additional benefits to ensure you’re choosing the best option for your financial goals.

Potential drawbacks of Wells Fargo Active Cash

While the Wells Fargo Active Cash Card offers attractive features, it’s important to be aware of potential drawbacks before deciding if it’s the right fit for you:

1. Foreign transaction fees: The card charges foreign transaction fees, making it less favorable for international travel. If you frequently use credit cards abroad, you might want to consider a card with no foreign transaction fees.

2. Cashback redemption minimums: Some users may find the minimum redemption requirements such as for redemption at an ATM or for gift cards inconvenient. Ensure that you’re comfortable with the redemption thresholds, as some cardholders prefer more flexibility in accessing their earned rewards.

3. Limited bonus categories: Unlike some rewards cards, the Wells Fargo Active Cash Card offers a flat-rate cashback on all purchases. If you prefer a card with rotating bonus categories tailored to specific spending patterns, this card may not provide the variety you’re looking for.

4. Small introductory bonus: The card might lack a substantial introductory bonus compared to other rewards cards. If you’re seeking an immediate boost in rewards after opening an account, you may want to explore cards with generous sign-up bonuses.

5. Credit score requirements: Premium rewards cards typically require a good to excellent credit score for approval. If your credit score is not within this range, you may face challenges in obtaining the Wells Fargo Active Cash Card.

6. Limited travel benefits: If you prioritize travel perks such as airport lounge access, travel insurance, or other travel-related benefits, the Wells Fargo Active Cash Card may not be the most suitable option. Consider travel-focused credit cards for a more comprehensive set of benefits.

7. Potentially high APRs: While the card may offer introductory APRs, it’s essential to be aware of the regular APR after the promotional period. Ensure that the ongoing interest rates are competitive and manageable for your financial situation.

Alternate picks to Wells Fargo Active Cash

If you’re exploring alternative credit cards to the Wells Fargo Active Cash, consider the following options, each offering unique features and benefits:

Citi Double Cash Card

  • Cashback structure: Earn 2% cash back on all purchases (1% when you make a purchase and an additional 1% when you pay it off).
  • Sign-up bonus: Enjoy a sign-up bonus after meeting spending requirements.
  • Introductory APR: Benefit from a 0% introductory APR on balance transfers for a specified period.
  • Annual fee: No annual fee.
  • Additional features: The Citi Double Cash Card provides a simple yet effective cashback structure and doesn’t have specific spending categories.

Apply now: Citi® Double Cash Card

Learn more: Citi Double Cash Review

Chase Freedom Unlimited

  • Cashback structure: Earn unlimited 5% back on travel purchased through Chase Ultimate Rewards, 3% cash back on dining and drugstore purchases, and 1.5% cash back on all other purchases.
  • Sign-up bonus: Enjoy a sign-up bonus after meeting spending requirements.
  • Introductory APR: Benefit from a 0% introductory APR on purchases and balance transfers for a specified period.
  • Annual fee: No annual fee.
  • Additional features: The card offers a variety of redemption options, including cash back, travel, and more; plus, get additional benefits like extended warranty, purchase protection, trip cancellation/interruption insurance, auto rental collision damage waiver, DoorDash and Instacart+ credits, and more.

Apply now: Chase Freedom Unlimited®

Learn more: Chase Freedom Unlimited® Review

Capital One Quicksilver Cash Rewards Credit Card

  • Cashback structure: Earn unlimited 1.5% cash back on all purchases.
  • Sign-up bonus: Receive a one-time cash bonus after hitting the required spending threshold.
  • Introductory APR: Enjoy a 0% introductory APR on purchases and balance transfers for a specific period.
  • Annual fee: No annual fee.
  • Additional features: The card provides simplicity and flexibility with its cashback rewards; plus, get access to exclusive deals and discounts through Capital One Travel, Dining, and Entertainment and receive benefits like extended warranty, travel accident insurance, and complimentary concierge services.

Apply now: Quicksilver Cash Rewards Card

Learn more: Capital One Quicksilver Rewards Review

Discover it Cash Back

  • Cashback structure: Rotating quarterly categories with 5% cash back, and 1% on all other purchases.
  • Sign-up bonus: Discover matches the cash back you’ve earned at the end of your first year.
  • Annual fee: No annual fee.
  • Additional features: The card’s rotating categories offer the opportunity for higher cashback rates on specific types of purchases.

Apply now: Discover it® Cash Back

Learn more: Discover It Cash Back Review

American Express Blue Cash Everyday Card

  • Cashback structure: Earn 3% cash back on U.S. supermarket purchases, U.S. gas stations, and select U.S. department stores. Earn 1% cash back on other purchases.
  • Sign-up bonus: Enjoy a welcome bonus after meeting spending requirements.
  • Introductory APR: Benefit from a 0% introductory APR on purchases and balance transfers for a specified period.
  • Annual fee: No annual fee.
  • Additional features: The card is designed for everyday spending with a focus on groceries and gas; plus, get benefits such as a Home Chef credit, car rental loss and damage insurance, a Disney Bundle credit, purchase protection, buy now, pay later options, and more.

Apply now: Blue Cash Everyday® Card from American Express

When choosing an alternative to the Wells Fargo Active Cash Card, consider your spending habits, preferences, and the specific features that align with your financial goals. Compare the rewards structures, sign-up bonuses, and additional benefits to find the card that best suits your needs.

Bottom line

The Wells Fargo Active Cash Credit Card offers a compelling cashback experience. Boasting a competitive flat-rate cashback structure, cardholders enjoy the simplicity of earning unlimited cash rewards on all purchases. With no annual fee and an attractive introductory APR, this card appeals to a wide range of consumers seeking a hassle-free yet lucrative credit card option. The bottom line is clear – the Wells Fargo Active Cash Credit Card stands out as a practical choice for individuals looking to optimize their spending with a reliable and rewarding financial companion.

FAQs

No, airport lounge access is typically reserved for cards with hefty annual fees.

More: Best Credit Cards with Lounge Access

Applicants who have a score of 700 or higher will most likely get approved.

The Wells Fargo Active Cash card is an excellent card for Wells Fargo customers who want to get rewarded for their everyday purchases. Redemption rates and options may be less for non-Wells Fargo customers, though. Still, this card’s unlimited 2% earning rate and $0 annual fee make it a great card for your wallet.