Getting a Credit Card with Wells Fargo
While Wells Fargo may not be the first name that pops into people’s minds when they think about getting a credit card, an argument can be made that if a person banks with Wells Fargo, has their checking, savings, and maybe a loan with Wells Fargo, it may be convenient to have their credit card with the same institution.
One benefit of getting a credit card with Wells Fargo is that the credit card can be used as overdraft protection on all of the accounts. This means that you avoid any stiff penalties and have access to funds when you need them.
Even those who are not Wells Fargo customers may be able to find a credit card that is a good fit, depending on the rewards and perks they are looking for.
The Wells Fargo Cash Wise Visa Card
This is one of the newer credit card products that Wells Fargo offers. It comes with 1.5 percent cash back on all of your purchases. There is no annual fee. The APR can be as low as 13.99 percent once the introductory period has transpired. There are a number of other bonuses, including a 12 percent APR for the first 12 months, a $200 bonus after the first $1,000 in net purchase is made within the first three months, as well as other benefits.
The Wells Fargo Propel American Express Card
There are two cards that Wells Fargo offers in conjunction with American Express. The Propel American Express card has no annual fee. It has rewards that can be used for cash, gift cards, travel, etc. Additionally, you get 10 percent annual bonuses for non-bonus reward points. This, of course, is available if you keep your Wells Fargo checking account. Additionally, you do not get foreign-currency fees and can access your FICO credit score for free.
If you spend $1,000 in net purchases over the first three months, you get a 20,000 point bonus. This card offers you zero percent APR on purchases and balance transfers for the first 12 months.
When it comes to selecting a credit card with Wells Fargo, you will need to use the same criteria you would use when choosing any other credit card. What features matter to you the most? For example, with some Wells Fargo credit cards, you will get generous sign-up bonuses. Others offer different rewards and cashback features.
Whether we are discussing checking, savings, loans, or credit cards, Wells Fargo has a number of options available for its clients. When compared to Bank of America and Citibank, Wells Fargo makes it easier to waive monthly fees and has a larger network of banks and ATMs. Wells Fargo has banks and ATMs even in Alaska.
For many, this convenience and ease of access makes Wells Fargo stand out above some of its competition. However, many individuals who have been burned by Wells Fargo in the past have a healthy level of skepticism as to whether or not the bank has truly changed its practices. This is something that only time will tell.