11/14/21, 8:42 AM Wells Fargo Active Cash Card Review

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(Just released) Wells Fargo Active Cash Card: Simply put, one of the
best cash back cards we've ever seen
by: Nathan Hamilton
 | 
Published Nov. 4, 2021

Director and personal finance analyst for The Ascent by The Motley Fool. He has 15 years of finance experience
and holds an MBA from George Washington University.

A brand-new credit card just took the market by storm.

I don’t say this lightly: the Wells Fargo Active Cash℠ Card is easily one of the best cash back cards I’ve seen in
my 15 years of finance.

But don’t just take my word for it.

CNBC says: “Don’t miss this” ... "Over a five year period, cardholders could earn $2,415.”
Nerdwallet rates it a perfect 5 stars, saying it’s “Hard to beat…especially when the card is one of the few
in this category to come with a bonus”
Forbes calls it “an excellent option”

Here’s what’s getting everyone so excited:

Unlimited 2% cash rewards— the highest flat cash back rate I’ve come across with no restrictions or
hoops to jump though
$200 cash rewards sign-up bonus that you can earn by spending just $1,000 in purchases in the first
three months
0% intro APR for 15 months on both purchases and qualifying balance transfers
$0 annual fee
Click APPLY NOW to apply today

This is the first card I’ve seen that offers a best-in-class unlimited 2% cash rewards rate with no catch, and
would be highly-rated based on that alone. But this card goes way beyond that. It also offers two additional
highly sought-after features: a hefty $200 cash rewards sign-up bonus and a generous 15-month 0% intro APR
period. I’ve simply not come across this combination of top perks in one card before.

Note: we’ve seen some credit card companies lower the welcome bonus on a card over time. While we don’t
know if that’ll happen here, if you’re interested in the card we do recommend using this link to apply today to
make sure you don’t miss out on the full bonus.

https://www.fool.com/the-ascent/credit-cards/landing/wells-fargo-active-cash-card-review/?utm_site=theascent&utm_campaign=ta-cc-co-msn-welac-ro… 1/6
11/14/21, 8:42 AM Wells Fargo Active Cash Card Review

Wells Fargo Active Cash℠ Card

Apply Now
On
Wells Fargo's
Secure Website.
Wells Fargo Active Cash℠ Card

We want your money to work harder for you. Which is why our ratings are
biased toward offers that deliver versatility while cutting out-of-pocket
costs.

Our ratings are based on a 5 star scale.

5 stars equals Best.
4 stars equals
Rating image, 5.00 Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.

out of 5 stars.
5.00/5


= Best

= Excellent

= Good

= Fair

= Poor

Credit Requirement:
Good/Excellent (670-850)
Falling Within This Credit Range Does Not Guarantee Approval By The Issuer. An
Application Must Be Submitted To The Issuer For A Potential Approval Decision.
There Are Different Types Of Credit Scores And Creditors Use A Variety Of Credit
Scores To Make Lending Decisions.

Apply Now
On
Wells Fargo's
Secure Website.

Intro APR
0% intro APR for 15 months from account opening on purchases and qualifying balance transfers. The
balance transfer fee is 3% for 120 days from account opening, then up to 5%; min: $5

Purchases: 0%, 15 months from account opening

Balance Transfers: 0%, 15 months on qualifying balance transfers

Regular APR
https://www.fool.com/the-ascent/credit-cards/landing/wells-fargo-active-cash-card-review/?utm_site=theascent&utm_campaign=ta-cc-co-msn-welac-ro… 2/6
11/14/21, 8:42 AM Wells Fargo Active Cash Card Review

14.99% - 24.99%, variable

Rewards

2% cash rewards

Annual Fee

$0

Welcome Bonus
$200 cash rewards bonus after spending $1000 in purchases in the
first three months

$200 cash rewards offer

Card Details
New! 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
14.99% to 24.99% 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

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11/14/21, 8:42 AM Wells Fargo Active Cash Card Review

No category restrictions or sign ups 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 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 Active Cash℠ Card
Select “Apply Now” to learn more about the product
features, terms and conditions
Rates & Fees

My top 5 reasons to apply today:

Unlimited 2% cash rewards -- Cardholders earn an unlimited 2% cash rewards on purchases, with no
categories to activate or earnings limits to track.

There are other cards that offer higher cash back rates on certain categories, and while they can be worth it, they
do require more effort. And they often are also subject to a cap and limited in what purchases they apply to. The
Wells Fargo Active Cash℠ Card is perfect for someone that wants an easy-to-use card that still offers high
rewards: you’ll earn a best-in-class flat rewards right away on your purchases -- with no limits or hoops to jump
through.

$200 cash rewards sign-up bonus -- New Wells Fargo Active Cash℠ Card holders can earn a $200 cash
rewards sign-up bonus for spending just $1,000 in purchases in the first three months. Not only is this a very
competitive sign-up bonus for a card with no annual fee, but it's also one of the things that sets this Wells Fargo
credit card apart from other 2% cards. I’ve yet to come across another card with 2% unlimited cash rewards that
also has a sign-up bonus.

15-month 0% APR intro offer -- New cardholders can enjoy 0% intro APR on both new purchases and eligible
balance transfers for a full 15 months. That's a great offer, even when compared to cards marketed just for a 0%
intro APR. It means that this card will allow you to avoid interest on purchases and balance transfers into 2023!

Keep in mind that balance transfers need to be made within the first 120 days to qualify for a reduced interest
rate and a lower balance transfer fee.

No annual fee -- In many cases, high rewards rates mean high annual fees. Not with the Wells Fargo Active
Cash℠ Card, which sports a $0 annual fee.

Cell phone protection -- With the price of a typical cell phone in the hundreds of dollars, having some sort of
insurance is a good idea. With this Wells Fargo card, you can get built-in cell phone protection of up to $600 just
by paying your cell phone bill with your card. Coverage is subject to a $25 deductible.

https://www.fool.com/the-ascent/credit-cards/landing/wells-fargo-active-cash-card-review/?utm_site=theascent&utm_campaign=ta-cc-co-msn-welac-ro… 4/6
11/14/21, 8:42 AM Wells Fargo Active Cash Card Review

Suggested credit score

Approval for the Wells Fargo Active Cash℠ Card is most likely for applicants with good credit, which typically
means a credit score of 670 or higher. If you need help rebuilding your credit, see this page.

The card could be right for you if...

I believe this is one of the best cash back cards for most people. Not only will you get a lucrative unlimited flat
cash rewards rate, but it also sports a hefty, easy-to-earn welcome bonus and a highly competitive 15 month 0%
intro APR offer.

Depending on what card is in your wallet today, there’s a high chance the Wells Fargo Active Cash℠ Card is a
more lucrative upgrade -- and it could especially be an upgrade over debit cards, which have far worse fraud
protections than credit cards and usually no rewards.

To apply for potential approval today and make sure you don’t miss out on your bonus, simply click here.

Apply for Wells Fargo Active Cash Card

About the Author

Nathan Hamilton
Nathan Hamilton

Co-founder and personal finance industry analyst for The Ascent by The Motley Fool, a new online publisher of
the year award recipient in 2017. Prior to that, he was a Director for The Motley Fool. He has 15 years of
finance experience under his belt and has published over 800 educational and research articles that have
appeared on websites such as MSN, AOL, and Yahoo Finance. He holds an MBA in Finance from George
Washington University.

Many or all of the products here are from our partners. We may earn a commission from offers on this page. It’s
how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by
compensation. Terms may apply to offers listed on this page.

We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been
previously reviewed, approved, or endorsed by included advertisers.
The Ascent does not cover all offers on the
market. Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a
different analyst team.
The Motley Fool has a Disclosure Policy. The Author and/or The Motley Fool may have
an interest in companies mentioned.

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11/14/21, 8:42 AM Wells Fargo Active Cash Card Review

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