Wells Fargo Active Cash Card Review

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

There are other cards that offer higher cash back rates in certain categories, and while they may be worth it, they require more effort. And they are also often subject to limitations and are limited to which purchases they apply to. The Wells Fargo Active Cash® Card is perfect for someone who wants an easy-to-use card that still offers great rewards: you get best-in-class flat rewards on your purchases right away — without 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 on 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% back cards. I found another credit 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 that sell for just a 0% intro APR. That means this card will allow you to avoid interest on purchases and balance transfers until almost 2024!

Note that balance transfers must be made within the first 120 days to qualify for the reduced interest rate and a lower balance transfer fee.

There is no annual fee — In many cases, high reward rates mean high annual fees. Not with the Wells Fargo Active Cash® Card, which has a $0 annual fee.

Cell phone protection — With the price of a typical cell phone in the hundreds of dollars, having some type 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.