Top 10 Reasons to Apply for the Wells Fargo Cash Wise Visa Credit Card

Wells Fargo, one of the largest banks in the country, began offering the Wells Fargo Cash Wise Visa Credit Card back in June 2016. Since its initial offering, the card has become a popular cash-back card offering unlimited 1.5% cash back on ALL net purchases (Net=Purchases-Returns). If you are struggling to make a final decision about the Wells Fargo Cash Wise Visa Credit Card, or are simply curious, check out the card’s benefits detailed below.

Wells Fargo Cash Wise Visa® Card

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Reason #1 – The Wells Fargo Cash Wise Visa Credit Card Offers Benefits Not Offered Elsewhere

Wells Fargo, with its recognizable stagecoach logo, is now offering an innovative benefit –unavailable in the credit card marketplace before June 2016. The Wells Fargo Cash Wise Visa Credit Card offers the opportunity to earn additional rewards as follows:

  • During the first year of account ownership, cardholders have an opportunity to earn even more! 1.8% cash back on purchases charged through the cardholder’s Apple Pay™ wallet or the Android Pay.™

 

  • New account holders earn a $200 cash bonus after three months, if they charge $1,000 during that time.

 

Reason #2 – What’s an Annual Fee? The Wells Fargo Cash Wise Visa Credit Card Has No Annual Fee

So, in reality, each cardholder benefits from this no-cost card that gives cash to the account holder just for using their card and playing according to the bank’s rules. These rules are also known as the infamous ‘fine details.’

 

Reason #3 – The Wells Fargo Cash Wise Visa Credit Card Has Redemption Opportunities

The Wells Fargo Cash Wise Visa Credit Card was specifically deigned to meet the needs of those consumers who choose to charge almost everything they buy every day. Their primary objective is to earn as many rewards as possible, in the shortest amount of time.

Remarkably, this type of consumer accounts for nearly 60% of credit card users. Would you be surprised to learn that nearly 36% of consumers freely admit that cash rewards credit cards offer their favorite benefit? Well, it’s true.

The Cash Wise Visa® Card offers flexible options with regards to how cash rewards are redeemed:

  • Electronic transfers deposited into a Wells Fargo checking/savings account.
  • Any Wells Fargo ATM when used with a Wells Fargo debit card.
  • For payment to an outstanding Wells Fargo loan/line of credit.
  • As a statement credit or a paper check.

 

Reason #4 – Why Pay Interest Next Year? The Wells Fargo Cash Wise Visa Credit Card Offers a Introductory Rate of 0%

Quality credit cards generally offer a low (or zero) APR for a limited amount of time; industry insiders refer to it as the Introductory Period. The Wells Fargo Cash Wise Credit Card offers during the first year of ownership, an APR that is 0%. This applies to balance transfers as well as purchases. When the introductory period expires, the APR changes to a variable rate between 13.99% – 25.99%, based on credit worthiness.

This card is truly beneficial to those consumers who want to consolidate a fair amount of existing debt or, for those who are ready to make a large purchase in their near future.

 

Reason #5 – Make it Easy, Please. The Wells Fargo Cash Wise Visa Credit Card is Easy to Use

Many consumers prefer a cash back credit card that is just easy to use. In other words, they prefer the perfect combination of cash rewards and simplicity. These consumers look for:

  • No rotating categories that often lead to frustration.
  • A cash back percentage that is a flat 1.5%.
  • Unlimited cash back opportunities.
  • Increased rewards for new cardholders.
  • No purchasing caps.

 

Reason #6 – Cell Phone Protection at no cost, really? Protect Your Phone with the Wells Fargo Cash Wise Visa Credit Card

The Wells Fargo Cash Wise Visa Card has a unique benefit regarding the protection of your cell phone. These are the requirements to meet to secure this $600 protection benefit (minus the $25 deductible). It’s simple:

Use your Cash Wise card as the primary payment method for your monthly expenses from any mobile carrier.

 

Reason #7 – Details, Details, Details

While there are no category restrictions regarding earning cash back with the Wells Fargo Cash Wise Visa Credit Card, it is important to recognize the following:

  • The cash back rewards are limitless and accrue at a steady rate, but you won’t receive ‘alert-the-press sized’ bonuses.
  • If you can promise yourself to be vigilant, the rotating categories just might pay off with additional cash rewards.
  • If you travel abroad, leave this card home due to its foreign transaction fee.
  • Fraud Monitoring – 24/7.
  • Rapid Alerts.
  • Zero Liability Protection for expeditiously reported unauthorized charges.

 

Reason #8 – No Need to Micromanage this Account

The Wells Fargo Cash Wise Visa Credit Card provides cardholders with an-easy-to-navigate cash-back rewards management system. It is known as the Cash Track; a feature that is now available to Wells Fargo Cash Wise Visa Credit Card account holders exclusively.

Using this system through the Wells Fargo’s Online Banking application, card account holders can see what cash rewards they’ve earned, establish a cash rewards objective, track their progress, redeem rewards and see their lifetime cash rewards earnings.

 

Reason #9 – The Fine Print Regarding Annual Percentage Rates (APRs)

The Wells Fargo Cash Wise Visa Credit Card is, as one would expect, subject to the bank’s underwriting criteria. The applicable APR is based upon how one chooses to use the Cash Wise Visa.

The Annual Purchase Rate (APR) for Purchases Transactions

  • The introductory APR is 0.00% for the first year.
  • After the intro period, the credit card’s interest rate will change to rate between 13.99%-25.99%.
  • The rate you receive is contingent upon your credit profile.
  • The card’s APR varies set forth by economic conditions; based upon the published U.S. Prime Rate.

 

The Annual Purchase Rate (APR) for Balance Transfers

  • The introductory APR is 0.00% for the first year.
  • After the intro period, the credit card’s interest rate will change to rate between 13.99%-25.99%.
  • The rate you receive is contingent upon your credit profile.
  • The card’s APR varies set forth by economic conditions; based upon the published U.S. Prime Rate.
  • There is a 3 percent balance transfer fee (with a minimum of $5 per transaction).
  • When the intro period expires, the balance transfer fee increases to 5% (with a minimum of $10 per transaction).

 

Reason #10 – Putting it All Together

If you are a credit card customer searching for a reasonably affordable credit card that offers simplicity and reasonable cash-back rewards, you are encouraged to carefully review the Wells Fargo Cash Wise Visa Credit Card.

The Wells Fargo Cash Wise Visa Credit Card has no annual fee and a zero percent APR for the first year of ownership, making the credit card a prudent choice.

Its cash rewards rate is market competitive, simple and, of course, unlimited.


Business owners and consumers are encouraged to check out Business Financing Hub for additional information on the Cash Wise Visa Card and other great cards for business or personal use.