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

+333 Deal Score
1,186,959 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:

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Slickdeals may be compensated by Wells Fargo

Original Post

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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



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Slickdeals may be compensated by Wells Fargo
Created 06-28-2021 at 04:16 PM by pink123
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Deal
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+333
1,186,959 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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Featured Comments

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 Aug 2011
L6: Expert
> bubble2 1,956 Posts
109 Reputation
robrob777
10-22-2022 at 01:51 PM.
10-22-2022 at 01:51 PM.
Got it and I seriously don't love it:
- Can't pay more than twice per month
- Rewards only after 25dlls accumulated
- Waiting a year to cancel it (make sure my bonus stays)
1
Reply
Joined Jan 2011
L5: Journeyman
> bubble2 618 Posts
724 Reputation
lmanlo
10-25-2022 at 04:13 AM.
10-25-2022 at 04:13 AM.
Quote from ieee488 View quoted comment :
I have both the Citi Double Cash and this Well Fargo Active Cash.
I still redeem at 1 to 1 for both.
I do a statement credit for the Active Cash and an ACH transfer to my checking account for the Double Cash.

The important difference with the Wells Fargo Active Cash is that you can only redeem in $25 increments. So, if your have 2550 points, you can only redeem 2500 points for $25 statement credit. You have to leave the 50 points. It is $20 increments if you have a Wells Fargo banking account. After getting the sign-on bonus, I stopped using the Active Cash card because of this restriction. The USBank Altitude Go has the same $25 redemption increments.
Out of curiosity from what I see is that you can use Rewards for Purchases, which lets you distribute the cash back to purchases/previous purchases as statement credit which from what I can do is let you use the full amount without the worry of the $25 increments.
Reply
Joined Jun 2004
L8: Grand Teacher
> bubble2 3,242 Posts
544 Reputation
ieee488
10-25-2022 at 11:54 AM.
10-25-2022 at 11:54 AM.
Quote from lmanlo View quoted comment :
Out of curiosity from what I see is that you can use Rewards for Purchases, which lets you distribute the cash back to purchases/previous purchases as statement credit which from what I can do is let you use the full amount without the worry of the $25 increments.
I didn't know about this when I was redeeming my rewards.
I also haven't looked into how this works exactly.
If I make a $27 purchase but I have $25.50 in rewards, can I use the $25.50 and then pay $1.50? Or does the reward have to fully cover the entire purchase?
Reply
Joined Jan 2011
L5: Journeyman
> bubble2 618 Posts
724 Reputation
lmanlo
10-25-2022 at 12:03 PM.
10-25-2022 at 12:03 PM.
Quote from ieee488 View quoted comment :
I didn't know about this when I was redeeming my rewards.
I also haven't looked into how this works exactly.
If I make a $27 purchase but I have $25.50 in rewards, can I use the $25.50 and then pay $1.50? Or does the reward have to fully cover the entire purchase?

No it has to cover the full amount. That's the only drawback. But if you have several purchases that equal the rewards then it would work. But from using it usually hard to not leave a couple of cents but might be better than $25 increments.

if amount comes over the $25.50 then it won't cover the purchase.So, as long as the purchase of purchases is the same as reward or below it would cover it.

It does not have to be used on a single purchase but several as well as long as it totals the rewards or stays below the rewards amount.
Reply
Last edited by lmanlo October 25, 2022 at 12:10 PM.
Joined Jun 2004
L8: Grand Teacher
> bubble2 3,242 Posts
544 Reputation
ieee488
10-25-2022 at 12:06 PM.
10-25-2022 at 12:06 PM.
Quote from lmanlo View quoted comment :
No it has to cover the full amount. That's the only drawback. But if you have several purchases that equal the rewards then it would work. But from using it usually hard to not leave a couple of cents but might be better than $25 increments.
Thanks.
That seems like still a bit of a hassle.
I need to have a purchase that is roughly equivalent but slightly less than $X rewards.
Reply
Joined Jan 2011
L5: Journeyman
> bubble2 618 Posts
724 Reputation
lmanlo
10-25-2022 at 12:17 PM.
10-25-2022 at 12:17 PM.
Quote from ieee488 View quoted comment :
Thanks.
That seems like still a bit of a hassle.
I need to have a purchase that is roughly equivalent but slightly less than $X rewards.

Yes it is a hassle as you have to select several purchases to total the rewards that you have then just applying the full amount with just a click then having to select several purchases to total the amount or having a single purchase.
But just in case someone else might take advantage of this would work. And yes having a $25 increments or having to do the extra work to see if all purchases you made totals or at least gets close to the total when redeeming your rewards for purchases.
Reply
Joined Jun 2004
L8: Grand Teacher
> bubble2 3,242 Posts
544 Reputation
ieee488
10-25-2022 at 02:15 PM.
10-25-2022 at 02:15 PM.
Quote from lmanlo View quoted comment :
Yes it is a hassle as you have to select several purchases to total the rewards that you have then just applying the full amount with just a click then having to select several purchases to total the amount or having a single purchase.
But just in case someone else might take advantage of this would work. And yes having a $25 increments or having to do the extra work to see if all purchases you made totals or at least gets close to the total when redeeming your rewards for purchases.
Thank you for clarifying.

The Fidelity 2% Cash Rewards also has a $25 limit - which is not great, but once it is over $25, it is swept over to my "cash" account at Fidelity.

Citi's Double Cash used to have a $25 limit but doesn't anymore. It is the best of the 2% credit cards.
Reply

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Joined Dec 2018
Master of my Own Domain
> bubble2 2,450 Posts
402 Reputation
HonestMammoth473
10-26-2022 at 02:10 PM.
10-26-2022 at 02:10 PM.
Wife applied, 800+ score, no recent new accounts, $30k limit.
Reply
Joined Nov 2007
L5: Journeyman
> bubble2 550 Posts
37 Reputation
GalaxTek
10-29-2022 at 02:03 AM.
10-29-2022 at 02:03 AM.
Quote from ieee488 View quoted comment :
Thank you for clarifying.

The Fidelity 2% Cash Rewards also has a $25 limit - which is not great, but once it is over $25, it is swept over to my "cash" account at Fidelity.

Citi's Double Cash used to have a $25 limit but doesn't anymore. It is the best of the 2% credit cards.

The WF card with its exactly $25 redeem sounds like a hassel. And having to offset against purchases around $25 or multiples of it is even more of a hassel.

I also have the Citi double cash. They switched to that point system but I didn't see any real change in how I earn or redeem 2%.
Reply
Joined Jun 2004
L8: Grand Teacher
> bubble2 3,242 Posts
544 Reputation
ieee488
10-29-2022 at 07:21 AM.
10-29-2022 at 07:21 AM.
Quote from GalaxTek View quoted comment :
The WF card with its exactly $25 redeem sounds like a hassel. And having to offset against purchases around $25 or multiples of it is even more of a hassel.

I also have the Citi double cash. They switched to that point system but I didn't see any real change in how I earn or redeem 2%.
Quote from GalaxTek View quoted comment :
The WF card with its exactly $25 redeem sounds like a hassel. And having to offset against purchases around $25 or multiples of it is even more of a hassel.

I also have the Citi double cash. They switched to that point system but I didn't see any real change in how I earn or redeem 2%.
I did not know that the Wells Fargo Active Cash had the exact $25 redemption requirement when I applied for it.
Unless they give me a really good incentive, I won't be using it again.
I have $0.30 cashback sitting in the account.

The Citi Double Cash still is the same for me after the conversion to Thank You Points.
Reply
Joined Nov 2010
L4: Apprentice
> bubble2 409 Posts
154 Reputation
bigemu1
10-30-2022 at 09:37 AM.
10-30-2022 at 09:37 AM.
My 1st Financial Bank USA Platinum Visa has offered me 2% cash back on purchases for YEARS now. No categories. No limits. No silly point system. They automatically credit my monthly statement for me. It's all automatic and requires no thought or effort. It's been the best card in my wallet for a very long time.
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Joined Jun 2017
L1: Learner
> bubble2 22 Posts
10 Reputation
fay.k
10-31-2022 at 12:28 AM.
10-31-2022 at 12:28 AM.
Great, thanks OP.
Reply
Joined Dec 2005
L3: Novice
> bubble2 189 Posts
41 Reputation
zinger084
11-01-2022 at 09:16 AM.
11-01-2022 at 09:16 AM.
I've been on the fence about leaving my Discover IT card behind and doing this simply because it's accepted more places. Someone talk me out of it.
Reply
Joined Apr 2006
L6: Expert
> bubble2 1,204 Posts
176 Reputation
typesdragon
11-01-2022 at 09:23 AM.
11-01-2022 at 09:23 AM.
I don't about you guys but I recently applied a SoFi credit card and it is getting me 3% back for everything for the whole year. I think it cap at 12k spending total but still better than anything else. I also apply during a promotion period where you get 300 back after spending 3k within 3 months.
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Joined Nov 2015
L4: Apprentice
> bubble2 383 Posts
32 Reputation
underworldtaker
11-02-2022 at 08:10 PM.
11-02-2022 at 08:10 PM.
Will never bank with Wells Fargo in my lifetime thanks, how are they still in business? Oh wait... ripping people off smh 🤦
1
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