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Wells Fargo Active Cash® Card: A $200 Cash Rewards Bonus After Spending $1,000 in First 3 Months Expired

+334 Deal Score
1,131,595 Views
Update: This popular offer is still available

Wells Fargo is offering a $200 cash rewards bonus when you spend $1,000 in purchases in the first 3 months with their Active Cash® Card. Earn unlimited 2% cash rewards on purchases. No annual fee.

Thanks to Community Member pink123 for finding this deal.

Card Features:

See Rates & Fees
Slickdeals may be compensated by Wells Fargo

Original Post

Written by
Edited April 4, 2023 at 07:46 AM by
Wells Fargo is offering a $200 cash rewards bonus when you spend $1,000 in purchases in the first 3 months with their new Active Cash℠ Credit Card. Earn unlimited 2% cash rewards on purchases. No annual fee.

Card Features:
  • Earn a $200 cash rewards bonus after spending $1,000 in purchases in the first 3 months
  • Earn unlimited 2% cash rewards on purchases
  • 0% intro APR for 15 months from account opening on purchases and qualifying balance transfers, then a 19.74%, 24.74%, or 29.74% variable APR; balance transfers made within 120 days qualify for the intro rate and fee of 3% then a BT fee of up to 5%, min: $5
  • $0 annual fee
  • No categories to track or remember and cash rewards don't expire as long as your account remains open
  • Enjoy a premium collection of benefits at a selection of the world's most intriguing and prestigious hotel properties with Visa Signature Concierge
  • Get up to $600 of cell phone protection against damage or theft when you pay your monthly cell phone bill with your eligible Wells Fargo card (subject to a $25 deductible).
  • Select "Apply Now" to learn more about the product features, terms and conditions



See Rates & Fees

Slickdeals may be compensated by Wells Fargo
Created 06-28-2021 at 04:16 PM by pink123
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Deal
Score
+334
1,131,595 Views
These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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These things are very unlikely to happen again. WF got hit with tons of fees and penalties and invested hefty in their risk compliance departments This whole thing sent a shockwave across the industry that also benefited banks' employees. Tellers don't need to aggressively cross sell bank product anymore.
Good all-rounder for those looking for a generalist card and better than Apple Card for merchants who don't take Apple Pay (there are a sizable bunch). Points are awarded monthly and with a $25 minimum for statement credit or check back (Direct Deposit isn't possible unless you have a bank account with them). Wells Fargo's latest pay with points option (I think inspired by Chase Pay Yourself Back) can get around this threshold - redemption is 1 cent to 1 point and points balance must cover the entire amount (no partial offsets). Cell Phone Protection is a good plus, few cards offer a higher rewards rate on top of this perk.

Another thing - Wells Fargo act funny if you pay too many times a month online (I think over 3 payments blocks you from making online payments for the rest of the statement period), but you can always pay over the automated phone system if you exceed this limit.
FNBO also has a 2% cash back Visa with a pre-qualification link. Might be helpful for those who don't have perfect credit and are unsure if they'll get approved. It even tells you the credit limit they'll pre-qualify you for. I got approved yesterday; it'll be my highest limit card so far.

https://www.fnbo.com/personal-ban...dit-cards/

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Joined Jul 2010
L5: Journeyman
> bubble2 877 Posts
136 Reputation
holycow1
07-21-2021 at 08:40 PM.
07-21-2021 at 08:40 PM.
Quote from eventin :
Last time I "converted" my 1% card to the 1.5% cash wise card they pulled a hard credit check even after stating they would not. Anyone check their credit report?
Found out you can do it in app or via online banking... go to other services and click switch card. Unfortunately, I think you can only switch from another visa to this visa without doing hard inquiry... but you should check. I had a different visa product with WF and was able to convert without a pull.
Reply
Joined Aug 2010
L9: Master
> bubble2 5,600 Posts
332 Reputation
Pro
gamingdroid
07-22-2021 at 08:04 AM.
07-22-2021 at 08:04 AM.
Quote from Boobooo :
are they seriously still in business? I thought they just opened up accounts for you anyways so you don't even need to sign up to bank on this deal...
smh...

Sorry Wells Fargo - but you still suffer from a lack of trust...
Dude they are humongous and basically to big too fail. Like most things, they will get a slap on the wrist and move on.
Reply
Joined Mar 2009
L6: Expert
> bubble2 1,544 Posts
217 Reputation
supurman182
07-22-2021 at 08:14 AM.
07-22-2021 at 08:14 AM.
Quote from holycow1 :
Found out you can do it in app or via online banking... go to other services and click switch card. Unfortunately, I think you can only switch from another visa to this visa without doing hard inquiry... but you should check. I had a different visa product with WF and was able to convert without a pull.

Excellent, my cashwise card was laying dormit in a drawer. I have the Citi double cash but having a visa 2% card will come in handy.
Reply
Joined Nov 2009
L5: Journeyman
> bubble2 612 Posts
69 Reputation
LoneWolf04
07-22-2021 at 10:28 AM.
07-22-2021 at 10:28 AM.
Quote from pink123 :
These things are very unlikely to happen again. WF got hit with tons of fees and penalties and invested hefty in their risk compliance departments This whole thing sent a shockwave across the industry that also benefited banks' employees. Tellers don't need to aggressively cross sell bank product anymore.
Wells Fargo just starting closing a bunch of personal accounts. Not sure it is worth dealing with them.
2
Reply
Joined Feb 2011
L6: Expert
> bubble2 1,046 Posts
170 Reputation
ss115891
07-22-2021 at 10:28 AM.
07-22-2021 at 10:28 AM.
Foreign transaction fee? I thought WF had announced that they were closing all credit card lines. Now what is this?
1
Reply
Joined Oct 2017
L4: Apprentice
> bubble2 1,433 Posts
142 Reputation
techie_review
07-22-2021 at 10:33 AM.
07-22-2021 at 10:33 AM.
Quote from Boobooo :
are they seriously still in business? I thought they just opened up accounts for you anyways so you don't even need to sign up to bank on this deal...
smh...

Sorry Wells Fargo - but you still suffer from a lack of trust...
ahhaha ... i complete agree ...

i have a citi double cash back which gives me 2% but trust citi way more then wells fargo
Reply
Joined Mar 2016
L4: Apprentice
> bubble2 306 Posts
57 Reputation
catfishk
07-22-2021 at 10:39 AM.
07-22-2021 at 10:39 AM.
I was already a Wells Fargo card holder; I had an older 1% rewards "Home Rebate" card that paid off my mortgage, but Wells Fargo no longer has my mortgage.

I was able to product change to this card over the phone. I didn't get the current sign up bonuses but I didn't need a credit check and I kept my credit limits.

I am not sure if that is useful but I thought it was pretty cool of them.
Reply
Last edited by catfishk July 22, 2021 at 10:41 AM.

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Joined Apr 2006
L3: Novice
> bubble2 156 Posts
18 Reputation
eterry2
07-22-2021 at 10:48 AM.
07-22-2021 at 10:48 AM.
Quote from Butcherboy :
Clever String 959 forgot to mention that very important deal breaker information.

Fidelity Visa credit card will give you 3% cash back into your brokerage account as long as you have two million in fidelity manage accounts
I love my fidelity Visa card. I thought I was getting 2%. I looked at my account and you are correct. 3% on everyday purchases. YAY !!!
4
Reply
Joined Feb 2006
L3: Cutie
> bubble2 331 Posts
145 Reputation
GinnyMaive
07-22-2021 at 10:58 AM.
07-22-2021 at 10:58 AM.
This is one of the few *Visa* cards with a flat 2%.
Double Cash is a Mastercard.

I was able to convert my existing WF card (Cash Wise 1.5% cash back) to this online in like 15 clicks.

I do lose some benefits but I'd rather the higher cashback. I've rarely been able to take advantage of other benefits anyway. These are lost:

Auto rental CDW
Travel accident insurance
Extended warranty
Price protection
Purchase security
Lost luggage
Trip cancellation

The extended warranty would probably make me use a different card for large expenses where an extended warranty is worth a small bit less cash back.
Reply
Joined Sep 2019
Banned Shill
> bubble2 3,180 Posts
1,108 Reputation
rios7
07-22-2021 at 11:00 AM.
07-22-2021 at 11:00 AM.
the color scheme is hideous
5
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Joined Sep 2013
L6: Expert
> bubble2 1,634 Posts
415 Reputation
neoweb
07-22-2021 at 11:10 AM.
07-22-2021 at 11:10 AM.
Why deal with WF when you can get effectively 2%~2.25% from other banks?
2
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Joined Nov 2015
L3: Novice
> bubble2 132 Posts
28 Reputation
alex.zeus
07-22-2021 at 11:19 AM.
07-22-2021 at 11:19 AM.
I applied for this WF card a couple of weeks ago. After the hard pull, they sent me a mail (not an email) asking for my last 2 pay stubs and the only way to submit it is via regular mail or fax, that's so stupid !
Reply
Joined Jun 2010
L2: Beginner
> bubble2 67 Posts
129 Reputation
Volaris
07-22-2021 at 11:20 AM.

Our community has rated this post as helpful. If you agree, why not thank Volaris

07-22-2021 at 11:20 AM.
FNBO also has a 2% cash back Visa with a pre-qualification link. Might be helpful for those who don't have perfect credit and are unsure if they'll get approved. It even tells you the credit limit they'll pre-qualify you for. I got approved yesterday; it'll be my highest limit card so far.

https://www.fnbo.com/personal-ban...dit-cards/
4
1
Reply
Joined Feb 2011
L6: Expert
> bubble2 1,046 Posts
170 Reputation
ss115891
07-22-2021 at 11:50 AM.
07-22-2021 at 11:50 AM.
Quote from ss115891 :
Foreign transaction fee? I thought WF had announced that they were closing all credit card lines. Now what is this?

Found it. Those of you who are also interested FT fee, Foreign Currency Conversion

3% of each transaction converted to U.S. dollars.
1
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Joined Feb 2011
L6: Expert
> bubble2 1,046 Posts
170 Reputation
ss115891
07-22-2021 at 11:52 AM.
07-22-2021 at 11:52 AM.
Quote from neoweb :
Why deal with WF when you can get effectively 2%~2.25% from other banks?

Can you please list one or few that are providing that much CB. Thanks!
Reply
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