The Wells Fargo Active Cash® Credit Card uses a simple rewards structure: cardholders earn unlimited 2% cash rewards for every $1 spent in eligible net purchases. There are no rotating categories to activate or quarterly spending categories to track. Cash advances, balance transfers, fees, interest and certain other transactions do not qualify as purchases that earn rewards.
The card currently has a $0 annual fee and offers 0% introductory APR for 12 months from account opening on purchases and qualifying balance transfers. After the introductory period, a variable APR of 18.49%, 24.49% or 28.49% applies, depending on the terms assigned to the account. Balance transfers made within 120 days of account opening qualify for the introductory rate and applicable introductory transfer fee.
New eligible cardmembers can currently earn a $100 cash rewards bonus after spending $500 in net purchases within the first three months from account opening. Wells Fargo states that offers may vary depending on the marketing channel, and eligibility restrictions apply to introductory APRs and rewards bonus offers.
The card also includes Cellular Telephone Protection. Eligible cardholders can receive up to $600 per approved claim for covered damage, theft or involuntary and accidental parting of a cell phone, subject to a $25 deductible and a maximum of two paid claims in a 12-month period. To qualify for this protection, the eligible monthly cell phone bill must be paid with an eligible Wells Fargo consumer credit card.
Does the Wells Fargo Active Cash® Card have an annual fee?
No. The Wells Fargo Active Cash® Credit Card currently has a $0 annual fee. Interest and other transaction fees can still apply depending on how the account is used.
How much cash rewards does the Active Cash® Card earn?
Cardholders earn unlimited 2% cash rewards for every $1 spent in eligible net purchases. There are no rotating categories or quarterly activations required to earn the standard 2% rate.
Can rewards expire on the Wells Fargo Active Cash® Card?
Cash rewards do not expire while the Wells Fargo Active Cash® account remains open. Available rewards can be redeemed through eligible Wells Fargo Rewards® redemption options.
Does the Active Cash® Card charge a foreign transaction fee?
Yes. Wells Fargo currently charges a 3% fee for each foreign transaction amount converted to U.S. dollars. Travelers who frequently make purchases abroad should consider this cost when evaluating the card.
Can balance transfers receive the introductory APR?
Yes. The card currently offers 0% introductory APR for 12 months from account opening on qualifying balance transfers. Transfers made within 120 days of account opening qualify for the introductory rate and applicable introductory transfer fee. After the introductory period, the account's applicable variable APR applies.
How to Apply for the Wells Fargo Active Cash® Card
Applications can be submitted through the official Wells Fargo Active Cash® Credit Card page. Before applying, review the current APR, balance transfer conditions, fees, rewards offer and eligibility requirements. Wells Fargo states that the card is subject to credit qualification, so approval and account terms are not guaranteed.
The current offer includes a $0 annual fee, unlimited 2% cash rewards on eligible purchases and a $100 cash rewards bonus after $500 in qualifying net purchases within the first three months from account opening. The card also provides 0% introductory APR for 12 months on purchases and qualifying balance transfers.
After the introductory period, a variable APR of 18.49%, 24.49% or 28.49% applies. Balance transfers must be made within the first 120 days to qualify for the introductory rate and fee. Applicants should review the Important Credit Terms before applying because the applicable APR, fees and promotional conditions can change.
Wells Fargo evaluates applications according to its credit qualification requirements. The issuer does not publish a specific FICO® Score that guarantees approval for the Active Cash® Card. Wells Fargo also states that a particular FICO® Score or Wells Fargo credit rating does not guarantee a specific credit decision or account term.
If approved, cardholders can manage the account through Wells Fargo Online® and the Wells Fargo Mobile® app. Cash rewards can be redeemed through available Wells Fargo Rewards® options, including eligible account credits, purchases and gift cards. Redemption requirements vary depending on the selected method.
