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Wells Fargo
Credit Card

Wells Fargo Credit Card

FDIC InsuredVerified · May 2026Rate verified by SwitchWize
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SwitchWize take
Best for

Consumers wanting simple, flat-rate domestic cash back with no annual fee.

Avoid if

Frequent international travelers or anyone carrying a balance long-term.

Main catch

The Wells Fargo Active Cash® Card occupies a crowded but important niche: flat-rate, no-annual-fee cash back. The 2% unlimited earn rate matches the strongest competitors in this category, and the $200 welcome bonus for just $500 in spending is among the more attainable thresholds available right now — typically easier to hit than competing offers requiring $1,000 or more. The 12-month 0% intro APR on both purchases and balance transfers adds genuine utility for cardholders looking to finance a large purchase or consolidate existing debt. Where this card loses ground is the 3% foreign transaction fee, which is disqualifying for international use, and the ongoing APR ceiling of 28.49%, which sits at the higher end of the current range for flat-rate cards. With the Fed Funds Rate at 3.63%, issuers have maintained elevated APRs across the board, so carrying any balance negates cash back gains quickly. The Visa Signature perks — concierge, luxury hotels, cell phone protection — add real secondary value that many competitors in the flat-rate space don't match at $0 annual fee. If you spend domestically and pay in full monthly, this card is a genuinely competitive choice.

What to verify before applying

Read the Schumer Box for the purchase APR, cash advance APR, and foreign transaction fee. Confirm the annual fee after the first year.

Last checked

Jun 3, 2026

Data source

SwitchWize Research Desk · methodology

Pros
  • No monthly maintenance fee
  • FDIC insured up to $250,000
Account Features
Cash Rewards RateUnlimited 2% on all net purchases(No categories to track, no quarterly activations required)
Welcome Bonus$200 cash rewards bonus(Requires $500 in net purchases within first 3 months of account opening)
Annual Fee$0
Intro APR — Purchases0% for 12 months from account opening
Intro APR — Balance Transfers0% for 12 months(Balance transfers must be made within 120 days to qualify for intro rate)
Ongoing Variable APR18.49%, 24.49%, or 28.49%(Rate assigned based on creditworthiness)
Rewards ExpirationCash rewards do not expire while account is open
Minimum Redemption$1 for Redeem for Purchases
Cellular Telephone ProtectionUp to $600 per claim against damage or theft($25 deductible; max 2 claims per 12-month period; must pay cell bill with card)
Auto Rental Collision Damage WaiverIncluded (secondary coverage)(Must decline rental company coverage; must pay with card)
Travel & Emergency AssistanceIncluded worldwide
Roadside Dispatch®24/7, no membership required(Service fees apply; towing covered up to 5 miles)
Emergency Cash Disbursement & Card Replacement1–3 business days after approval, sometimes within 24 hours
Zero Liability ProtectionIncluded for promptly reported unauthorized transactions
Credit Close-Up® (FICO® Score)Complimentary monthly FICO® Score updates for Wells Fargo Online customers
Visa Signature Concierge24/7 complimentary concierge for travel, dining, events
Visa Signature Luxury Hotel CollectionAccess to premium hotel benefits at select properties
My Wells Fargo DealsPersonalized merchant cash back offers as account credits
Redemption OptionsStatement credit, PayPal checkout, past purchase redemption, gift cards (250+ merchants), deposit to Wells Fargo account
Fees
Annual Fee$0
Foreign Transaction Fee3% of each transaction converted to U.S. dollars
Balance Transfer FeeNot specified on page — refer to Important Credit Terms
Cash Advance FeeNot specified on page — refer to Important Credit Terms
Late Payment FeeNot specified on page — refer to Important Credit Terms
Returned Payment FeeNot specified on page — refer to Important Credit Terms
Requirements
Credit QualificationSubject to credit approval; not a guarantee of credit
New Card RestrictionMay not qualify for another Wells Fargo-branded consumer credit card if one was opened in the last 4 months
Intro Offer EligibilityNot eligible for intro APR or bonus if you currently hold or have held this card product within the last 48 months, even if closed with $0 balance
Welcome Bonus Spend$500 in net purchases within 3 months of account opening; cash advances, balance transfers, fees, and certain other transaction types excluded
Cell Phone Protection ActivationMust pay monthly cell phone bill with this card; coverage begins first day of calendar month following first qualifying payment
How to Open

Apply online via the 'Apply now' button on Wells Fargo's credit card page. Existing Wells Fargo cardholders can switch products through Wells Fargo Online or the mobile app without a new application or credit check, though they will not receive the welcome bonus or intro APR.

The SwitchWize Take

The Wells Fargo Active Cash® Card occupies a crowded but important niche: flat-rate, no-annual-fee cash back. The 2% unlimited earn rate matches the strongest competitors in this category, and the $200 welcome bonus for just $500 in spending is among the more attainable thresholds available right now — typically easier to hit than competing offers requiring $1,000 or more. The 12-month 0% intro APR on both purchases and balance transfers adds genuine utility for cardholders looking to finance a large purchase or consolidate existing debt. Where this card loses ground is the 3% foreign transaction fee, which is disqualifying for international use, and the ongoing APR ceiling of 28.49%, which sits at the higher end of the current range for flat-rate cards. With the Fed Funds Rate at 3.63%, issuers have maintained elevated APRs across the board, so carrying any balance negates cash back gains quickly. The Visa Signature perks — concierge, luxury hotels, cell phone protection — add real secondary value that many competitors in the flat-rate space don't match at $0 annual fee. If you spend domestically and pay in full monthly, this card is a genuinely competitive choice.

Rates are sourced from Bankrate and verified by SwitchWize. SwitchWize may earn a referral fee when you click through to a partner. Content is for informational purposes only and does not constitute financial advice. Verify current rates directly with the institution before opening an account.