Wells Fargo Active Cash Credit Score: A Comprehensive Review

The Wells Fargo Active Cash credit card is a solid choice for those looking to earn cash back rewards. It offers a competitive 2% cash back reward on purchases, with no rotating categories or spending limits.

To be eligible for the Wells Fargo Active Cash credit card, you'll need a good to excellent credit score, typically 680 or higher. This is because the card issuer considers creditworthiness when approving applicants.

Applicants can expect to receive a credit decision within minutes of applying online. This is because Wells Fargo uses a streamlined approval process to get you started with your new card quickly.

The Wells Fargo Active Cash credit card is a great option for those looking to earn cash rewards without an annual fee. It offers unlimited 2% cash rewards on purchases with no rotating categories or spending limits.

The card also comes with a 0% intro APR offer for 12 months from account opening on purchases and qualifying balance transfers. This can be a huge help if you're looking to finance a large purchase or pay off existing debt.

Here are the key features of the Wells Fargo Active Cash credit card:

The ongoing APR after the intro period is 19.49%, 24.49%, or 29.49% Variable APR, depending on your creditworthiness. Additionally, foreign transaction fees apply at 3% of each transaction converted to U.S. dollars.

The Wells Fargo Active Cash credit card has its advantages, making it a great option for those looking to earn rewards on their purchases. Here are some of the key benefits:

The card offers a high rewards rate, allowing you to earn cash back on every purchase. This makes it a hassle-free way to save on your everyday expenses.

One of the standout features of this card is its unlimited 2 percent cash rewards on purchases, with diverse redemption options. This means you can choose how you want to use your rewards, whether it's to pay off your balance, redeem for cash, or use them for other purchases.

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The card also offers a handy cellphone protection feature, which can give you peace of mind when paying your bill with this card. This protection can help you save on costly repairs or replacements if your phone is damaged or stolen.

Here are some of the key pros of the Wells Fargo Active Cash card:

The Wells Fargo Active Cash credit card offers a range of rewards and benefits that make it a great option for those looking for a cash-back card. You can earn unlimited 2% cash rewards on purchases, with no spending caps or caveats.

The Active Cash card also offers a welcome bonus of $200 cash rewards after spending $500 in purchases in the first three months. This is a solid bonus for a no-annual-fee cash rewards card, and the spending requirement is relatively low.

One of the unique features of the Active Cash card is its variety of redemption options. You can redeem your cash rewards as statement credits, direct deposits into Wells Fargo savings or checking accounts, or even physical cash at Wells Fargo ATMs (in $20 increments). You can also use your rewards to pay for travel, gift cards, merchandise, or even charitable donations.

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Here are some of the ways you can redeem your cash rewards with the Active Cash card:

The Active Cash card also comes with some decent benefits, including cell phone protection against damage or theft for up to $600 per claim (subject to a $25 deductible, two claims per year) each month you pay your cellphone bill with the card. However, it's worth noting that the benefits aren't as strong as those offered by some other cash rewards cards.

Our experts put the Wells Fargo Active Cash credit card to the test, and here's what they have to say. Re'Dreyona Walker, a credit card expert at Bankrate, applied for the Active Cash card and was impressed with its simplicity. She's already a Wells Fargo customer, so the application process was a breeze for her.

The Active Cash card's cash rewards program is a standout feature, offering a high flat-rate of cash back on all purchases. This means that no matter what you buy, you can earn rewards that can be used for future expenses.

Re'Dreyona uses the card for emergencies and purchases that she can pay off over time, such as travel booking fees or auto maintenance costs. The card's intro APR period is also a decent length, giving her time to save on interest while paying off her balance.

To get the most out of the Active Cash card, it's best to have a good credit score.

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We carefully evaluate credit card offers to help you make informed decisions. Our rating criteria is designed to give you a comprehensive understanding of what to expect from the Wells Fargo Active Cash credit card.

The first factor we consider is the rewards structure, which is a 2% cash rewards on purchases with no rotating categories or spending limits.

Rewards are one of the most important aspects of a credit card, and we want to make sure you know what you can expect from the Wells Fargo Active Cash card.

The next factor we look at is the interest rate, which is a variable 14.99% - 24.99% APR, depending on your creditworthiness.

A lower interest rate can save you money on interest charges, but it's essential to understand that this rate may vary based on your credit score.

We also consider the credit limit, which is not specified in the article, but generally, a higher credit limit can provide more flexibility and purchasing power.

The Wells Fargo Active Cash card has no annual fee, which can save you money and make it a more attractive option compared to other credit cards.

In addition to these factors, we also evaluate the card's benefits, such as purchase protection and travel assistance.

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