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.
Nope, not that I can see. This is what I see under card benefits:
Cellular Telephone Protection
Visa Signature® Concierge Services
Emergency Cash Disbursement and Card Replacement
Travel and Emergency Assistance Services
Roadside Dispatch®
Even if it did, most credit cards' car rental insurance acts as a secondary insurance (your personal auto insurance would be primary and then the credit card rental insurance can pay whatever they don't cover and your deductible). I don't think there are many credit cards that the rental insurance is primary, I think some AMEX cards do. I don't know much about this and have never needed to use it but I was reading up on it a bit a couple of years back.
Unfortunately wellsfargo lied to me in the past. I lost a lot of money when they said I'm signing up for a CD. No signatures should wake me up. Next thing I knew manager signed me up for some losing money mutual founds so he can get bonus. That was in Linden New Jersey. Never again WellsFargo.
Applied yesterday and got approval right after processing. Interest rate sucks but I only plan to use for cell pone bill to get cell phone protection, enough purchases to get bonus, and use the interest free 15 months for larger purchases. After 15 months I guess I can use on purchases that my other cards give less than 2%.
In case someone is wondering, they DO charge a foreign transaction fee.
Obviously if you don't care about a company that has no morals or values except to line their pockets at the cost of their customers, apply for a credit card from them. But I'm curious, when would you draw the line? How many times do they have to get caught before you say 'maybe I won't give them my business'...
My same thought.
I opened a checking account with them after their bank associates convinced me that they're under increased scrutiny.
Sure enough a few months later they were caught again. That's when I closed my account and moved on.
What's the point with banking with them, especially with all of their ridiculous fees, when there are so many other better options out there?
A tip for anyone who can't seem to control their budget because they can't do the "don't buy what you can't buy in cash with a credit card".
First set an auto-pay that'll always pay it off every single month at the same time. Also every single time you hit a certain threshold, pay it off manually. For me it's $500. Every time it hit's an increment of $500, I pay off that $500 quite simply because I'm more inclined to pay off that $500 in full than the $2500 in full which I assume many others are as well. Your threshold might be $200, everyone has a different limit so choose yours wisely.
Also don't be trapped by the $200 cash back reward. Only spend that $1000 to get the $200 if you already planned to spend that $1000 in the 3 coming months(grocery, gas, insurance, other necessary life expenses). Don't look at the $1000 TV and think, "oh I can buy this TV for $800 because $200 cash back for spending $1000"! That's how you dig yourself a hole. Well that is if you were already planning to get the TV before you noticed this offer, then you can get the TV with after getting this offer locked. However if you found this card then thought of a TV, don't do it.
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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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What upgrade did you get?
Cellular Telephone Protection
Visa Signature® Concierge Services
Emergency Cash Disbursement and Card Replacement
Travel and Emergency Assistance Services
Roadside Dispatch®
Even if it did, most credit cards' car rental insurance acts as a secondary insurance (your personal auto insurance would be primary and then the credit card rental insurance can pay whatever they don't cover and your deductible). I don't think there are many credit cards that the rental insurance is primary, I think some AMEX cards do. I don't know much about this and have never needed to use it but I was reading up on it a bit a couple of years back.
In case someone is wondering, they DO charge a foreign transaction fee.
Debit cards don't offer purchase protection like credit cards. Would rather be scammed with a credit card than a debit card
https://www.reuters.com/lifestyle...021-09-09/
Obviously if you don't care about a company that has no morals or values except to line their pockets at the cost of their customers, apply for a credit card from them. But I'm curious, when would you draw the line? How many times do they have to get caught before you say 'maybe I won't give them my business'...
I opened a checking account with them after their bank associates convinced me that they're under increased scrutiny.
Sure enough a few months later they were caught again. That's when I closed my account and moved on.
What's the point with banking with them, especially with all of their ridiculous fees, when there are so many other better options out there?
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Yes they will!
First set an auto-pay that'll always pay it off every single month at the same time. Also every single time you hit a certain threshold, pay it off manually. For me it's $500. Every time it hit's an increment of $500, I pay off that $500 quite simply because I'm more inclined to pay off that $500 in full than the $2500 in full which I assume many others are as well. Your threshold might be $200, everyone has a different limit so choose yours wisely.
Also don't be trapped by the $200 cash back reward. Only spend that $1000 to get the $200 if you already planned to spend that $1000 in the 3 coming months(grocery, gas, insurance, other necessary life expenses). Don't look at the $1000 TV and think, "oh I can buy this TV for $800 because $200 cash back for spending $1000"! That's how you dig yourself a hole. Well that is if you were already planning to get the TV before you noticed this offer, then you can get the TV with after getting this offer locked. However if you found this card then thought of a TV, don't do it.
No I called and asked
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