Wells Fargo Cash Wise Visa® Card Wells Fargo Cash Wise Visa® Card
by ,
5 5stars

Wells Fargo Cash Wise Visa® Card Review

Apply for a Wells Fargo Cash Wise Visa® Card
Rating:
Bottom Line:
$200 bonus opportunity; earn 1.5% cash back; 0% intro APR for 12 months on purchases and balance transfers

Full Review:
The Wells Fargo Cash Wise Visa® Card is terrific fit for anyone interested in a card with no annual fee and a big intro bonus that earns cash rewards and provides a 0% intro APR on balance transfers and purchases.

Wells Fargo Cash Wise Visa® Card's intro bonus just increased from a nice $150 to a tremendous $200 cash back after you spend $1,000 in the first 3 months - a large bonus indeed. You'll also earn an ongoing unlimited 1.5% cash back on your purchases. It's a convenient way to get cash rewards on everything you buy with your card, without having to sign up for rotating categories or jump through any additional hoops. As an added bonus, during the first 12 months you have your card you'll earn 1.8% back when using Android PayTM and Apple PayTM mobile wallets. Plus, your potential cash back is unlimited, so you can use your card as much as you want, knowing you won't run into any cash back limits.

In addition to the cash rewards, the Wells Fargo Cash Wise Visa® Card features a 12-month 0% intro APR on both purchases and balance transfers. This can be very helpful in making any large (or small) purchases, as it gives you over a year of interest-free time help pay down your balance. It's almost like an interest-free loan for 12 months on things you buy with your card. Plus, if you're carrying a balance on other high-APR cards you can save some money but transferring your balance over to this card. There is an introductory balance transfer fee of 3% for 12 months, after that the fee is 5%. Although it's never fun to pay fees, it might be worth your while - to find out for sure either way use our free Balance Transfer Calculator.

Wells Fargo Cash Wise Visa® Card includes an unusual and intriguing benefit - cellular (aka, mobile) telephone protection. This feature will reimburse you for damage or theft to your mobile phone, up to $600 per claim. There is a $25 deductible and a maximum of 2 claims in a 12-month period, but it's still a pretty awesome card perk. To qualify you just need to use your card to pay for your monthly cellular wireless telephone bill, which is pretty easy to set up with your mobile phone provider.

All cardholders can easily redeem their cash rewards as a statement credit, for a paper check, for merchandise or gift cards, or for travel via their online portal. If you're a Wells Fargo customer, you can choose to direct deposit to your Wells Fargo checking or savings account, through a Wells Fargo ATM in $20 increments (note that you need a Wells Fargo Debit or ATM card to do this), via statement credit, or by requesting a paper check. You also have the option of applying your cash back as a credit to a qualifying Wells Fargo credit product like a mortgage or loan.

Overall this is a great combination cash back and 0% intro APR card with a huge $200 intro bonus. Wells Fargo customers have more redemption options that non-Wells-Fargo-customers, although even if you're not a customer you can still get cash back via a statement credit or paper check. Or take a look at the non-bank-denominational Chase Freedom Unlimited card which also offers 1.5% unlimited cash back but a slightly lesser $150 intro bonus.

Highlights From Wells Fargo
  • Earn a $200 cash rewards bonus after spending $1,000 in the first 3 months
  • Earn unlimited 1.5% cash rewards on purchases
  • Enjoy 1.8% cash rewards on qualified mobile wallet purchases, like Apple Pay® or Android Pay™, during the first 12 months from account opening
  • No category restrictions or sign ups and cash rewards don't expire as long as your account remains open
  • Get up to $600 protection on your cell phone (subject to $25 deductible) against covered damage or theft when you pay your monthly cellular telephone bill with your Wells Fargo Cash Wise Visa® Card
  • 0% Intro APR for 12 months on purchases and balance transfers, then a 13.99%-25.99% variable APR; balance transfer fees apply
  • $0 Annual Fee
  • Select "Apply Now" to learn more about the product features, terms, and conditions

Rewards
  • Earn a $200 cash rewards bonus after spending $1,000 in the first 3 months.
  • Earn an unlimited 1.5% cash back on purchases.
  • Earn 1.8% cash rewards on Android PayTM or Apple Pay® mobile wallet net purchases during the first 12 months from account opening.

Redeem Rewards
  • Redeem rewards for cash back via direct deposit to a Wells Fargo savings or checking account, at a Wells Fargo ATM, or by physical check. You can also redeem for gift cards, merchandise and travel.

Fees and APR
  • Annual Fee: $0
  • Foreign Transaction Fee: 3% of each transaction converted to U.S. dollars.
  • Purchase APR: 0% intro APR for 12 months, then 13.99%-25.99% (variable), depending on credit history.
  • Balance Transfer APR: 0% intro APR for 12 months, then 13.99%-25.99% (Variable), depending on credit history.
  • Introductory Balance Transfer Fee: 3% for 12 months, then 5%.


This content is not provided or commissioned by the company whose products are featured on this site ("Advertiser"). Any opinions, analyses, reviews or evaluations provided here are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by the Advertiser. This site may be compensated through the Advertiser's affiliate programs.

Apply for a Wells Fargo Cash Wise Visa® Card

If you have a question or concern we haven't answered on our site, please let us know. Your question will be added to the NextAdvisor Forums so that we and other experts in our community can answer it. Due to volume, we aren't able to respond to every question, but we answer as many as we can.



Card Details

Features:Earn $200 bonus after spending $1,000 on purchases in the first 3 months; earn unlimited 1.5% cash back on purchases
Purchase APR:0% intro APR for 12 months, then 13.99%-25.99% (variable)
Balance Transfer APR:0% intro APR for 12 months, then 13.99%-25.99% (Variable)
Annual Fee:$0
Credit Needed:Excellent / Good

NextAdvisor Credit Cards Blog Headlines


About Us Blog Contact Us Forums Terms & Privacy Policy Affiliate Program Site Map
Copyright© 2006 - 2017 NextAdvisor.com - All rights reserved.

Advertiser Disclosure: NextAdvisor is a consumer information site that offers free reviews and ratings of online services. Many of the companies whose services we review provide us compensation when someone who clicks from our site becomes their customer. This is how we make money to support our site. The results of our analyses, calculators, reviews and ratings are based on objective quantitative and qualitative evaluation of all the cards on our site and are not affected by any compensation NextAdvisor may receive. Compensation may impact which products we review and write about and where those products appear. We do not review all products in a given category. All opinions expressed on this site are our own.