Wells Fargo Cash Back Credit Card Rewards

Filed in Credit Cards by on January 7, 2021 0 Comments

This card offers users the benefit of getting 1% cash back on all their purchases but major reward come from buying gas, drugs and grocery.

Cash rewards can be redeemed in increments of $25 which you can deposit in your Wells Fargo account or use them as a principal reduction for loans and credit lines.

The card is powered by Visa, thereby giving some of it’s benefit to users like concierge services, travel insurance, car rentals insurance and many more.

 

Wells Fargo Cash Back Credit Card Rewards

  • You can get 5% cash backs on purchases made at gas stations and drug stores over a period of 6 months and 1% cash backs on other purchases.
  • Gained rewards can be redeemed in increments of $25 which you can deposit in your Wells Fargo account or use them as a principal reduction for loans and credit lines.
  • The rewards can be used in exchange for cash statements or to cater fro travel expenses.
  • At the Earn More Mail site, you can find out about more beneficial credit card deals that will help improve the way you earn.

 

Wells Fargo Cash Back Credit Card APRs and Fees

  • A purchase APR of 0% is charged for the first 15 months.
  • The transfer APR is also 0% for the first 15 months.
  • The regular APR subsequently applied is between 12.24% to 26.24% and is subject to variations.
  • Annual card usage is free of charge.
  • A fee of 3% the value is charged for balance transfer.

 

Wells Fargo Cash Back Credit Card Additional Information

  • The Maximum Limit Fee is $37.
  • While there is no charge for maximum overlimit fee and maximum penalty APR.
  • Extends a grace period for payment of 25 days.
  • Has an online response service.
  • The cash advance rate varies between 24.24% to 26.24% and the fee is 5% the value with a minimum of $10.
  • Charges a fee of 3%for foreign transactions.
  • Uses a Chip and PIN security feature.
  • Frees users from fraud liability.

 

Wells Fargo Cash Back Credit Card Benefits

  • It has Visa benefits like: concierge services, emergency card replacement, auto rental insurance (this allows you waiver insurance from the company), travel insurance (in case of accidents) and also roadside assistance.
  • Your card can get verified to make it more secure and allow access to only you when you have a secret password for it when you use it online.
  • Protects users from overdraft like declined payment when they link their credit card to their Bank account.

When you are qualified for the Wells Fargo Cash Back Visa Signature Card, the bank will consider your account and will upgrade you from the cash back credit card to this Visa card but you should know that these cards are all issued with a basic design that cannot be altered for personal preference.

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