Wells Fargo Active Cash® Card: A $200 Cash Rewards Bonus After Spending $1,000 in First 3 Months
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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
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
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.
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.
What is the issue with WF. I have their WF Cashwise card which keeps sending me their Grocery offer for 10% off every now and then and has had zero issues. I had a 0% APR for my kitchen remodel and the showroom forgot to add the right promo and once I sent them the details, they corrected it and even ensured I get additional 48 months after 2 yrs of paying. So far good and hope it continues
I went through a good amount of comments here and many seem to dislike this particular card.
Would anyone be able to give me a better credit card recommendation? Currently have two legacy credit cards from Wells Fargo. I would like to be smarter about the cash back features. Any help is appreciated. Thank you.
I went through a good amount of comments here and many seem to dislike this particular card.
Would anyone be able to give me a better credit card recommendation? Currently have two legacy credit cards from Wells Fargo. I would like to be smarter about the cash back features. Any help is appreciated. Thank you.
I have the PayPal Mastercard which also offers 2% cash back. That is my favorite 2% card that I have because I am able to get the money back as soon as my statement generates. A lot of cards require $25 increments in rewards to cash out. That isn't the case with PayPal Mastercard but the downside is that there isn't an upfront cash reward bonus like Wells Fargo is offering. I signed up for this new Wells Fargo Active Cash card. I did get my bonus a few days after my first statement. I don't trust Wells Fargo but I was happy to get the $200.
I have the PayPal Mastercard which also offers 2% cash back. That is my favorite 2% card that I have because I am able to get the money back as soon as my statement generates. A lot of cards require $25 increments in rewards to cash out. That isn't the case with PayPal Mastercard but the downside is that there isn't an upfront cash reward bonus like Wells Fargo is offering. I signed up for this new Wells Fargo Active Cash card. I did get my bonus a few days after my first statement. I don't trust Wells Fargo but I was happy to get the $200.
I have the Paypal MC with 2% cashback as well. It's easy to rack up cash rewards quickly, but I really hate the card management. You have to access it via Paypal app or website, which passes you to Synchrony bank, and the interface is really cumbersome. You can only get your rewards as Paypal credit. So to pay your card balance with the reward, you have to deposit it to paypal, and then a day later go back and make a payment to the card using your paypal balance. You also don't get a $200 bonus.
1.5% + $200 reward will be ahead of a straight 2% card until $40,000 spent. Most people won't be there very soon. So a better 1.5% card with $200 up front bonus might be better for most regular folks.
This 2% with $200 reward is tempting, but I just don't trust Wells Fargo and don't want to reward them with my business. I don't need $200 reward or an extra .5% that badly.
You can take this to the bank (), you cannot trust any of them. They are all part of the game and we are the fools playing along like it's a level playing field.
Eddie
Quote
from CrimsonRose733
:
Tempting deal, but I'd rather lose half a percent and go to a bank I can trust.
You can take this to the bank (), you cannot trust any of them. They are all part of the game and we are the fools playing along like it's a level playing field.
Eddie
Sure, none of these banks are our friends. But certain banks have patterns of illegal or predatory behavior. So I feel it is best to avoid them.
Yes and I agree. I didn't want to sound too negative (but did), but saying it the way you did stresses the point that they are not our friends no matter what they say.
And I'm almost certain the other banks just haven't been caught yet.
Eddie
Quote
from CrimsonRose733
:
Sure, none of these banks are our friends. But certain banks have patterns of illegal or predatory behavior. So I feel it is best to avoid them.
What's the best way to apply for this and citi premier at same time? I still have the propel card from the slick deal they had 2 years ago. Will this affect applying?
I went through a good amount of comments here and many seem to dislike this particular card.
Would anyone be able to give me a better credit card recommendation? Currently have two legacy credit cards from Wells Fargo. I would like to be smarter about the cash back features. Any help is appreciated. Thank you.
Tbh, I got this 2% card and two other credit cards with rotating categories at 5% (Freedom Flex, Discover It). I have to say that I barely use the 2%.
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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.
https://www.fnbo.com/personal-ban...dit-cards/
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This bank has a serious issue from the top.
Would anyone be able to give me a better credit card recommendation? Currently have two legacy credit cards from Wells Fargo. I would like to be smarter about the cash back features. Any help is appreciated. Thank you.
Would anyone be able to give me a better credit card recommendation? Currently have two legacy credit cards from Wells Fargo. I would like to be smarter about the cash back features. Any help is appreciated. Thank you.
1.5% + $200 reward will be ahead of a straight 2% card until $40,000 spent. Most people won't be there very soon. So a better 1.5% card with $200 up front bonus might be better for most regular folks.
This 2% with $200 reward is tempting, but I just don't trust Wells Fargo and don't want to reward them with my business. I don't need $200 reward or an extra .5% that badly.
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Eddie
Eddie
And I'm almost certain the other banks just haven't been caught yet.
Eddie
I have that and wondering whether I need this?
Would anyone be able to give me a better credit card recommendation? Currently have two legacy credit cards from Wells Fargo. I would like to be smarter about the cash back features. Any help is appreciated. Thank you.
Tbh, I got this 2% card and two other credit cards with rotating categories at 5% (Freedom Flex, Discover It). I have to say that I barely use the 2%.
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