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Wells Fargo Active Cash Card Review: Unlimited 2% Cash Rewards Simplified
By Ben Carter
4.5
Consumers Best Verdict: Wells Fargo Active Cash Card Highlights
The Wells Fargo Active Cash Card stands out for its straightforward and rewarding cash back program. Cardholders earn an unlimited 2% cash rewards on all purchases, without worrying about rotating categories or spending caps. This simplicity, combined with no annual fee, makes it an attractive option for many.
For consumers seeking a hassle-free, high flat-rate cash back card, the Wells Fargo Active Cash Card is a top contender. Its uncomplicated rewards structure and valuable introductory offers provide excellent everyday value, especially for those who prefer simplicity over maximizing rewards in specific categories.
In-Depth Look: Wells Fargo Active Cash Card Features & Considerations
Core Features & Consumer Benefits
The Wells Fargo Active Cash Card packs a punch with features designed for straightforward value and convenience:
Unlimited 2% Cash Rewards
Earn a consistent 2% cash rewards on every purchase, making it easy to accumulate value without tracking spending categories.
$0 Annual Fee
Enjoy all the card's benefits without the burden of an annual fee, maximizing your net rewards.
Introductory APR Offers
Often comes with a 0% intro APR on purchases and qualifying balance transfers, providing flexibility for new purchases or managing existing debt.
Cell Phone Protection
Get up to $600 of cell phone protection against damage or theft (subject to a $25 deductible) when you pay your monthly cell phone bill with your card.
Simple Redemption
Redeem cash rewards easily for statement credits, direct deposits into eligible Wells Fargo accounts, or at Wells Fargo ATMs ($20 increments).
Important Considerations & Potential Downsides
- Foreign Transaction Fees
A 3% foreign transaction fee applies, making it less ideal for purchases outside the United States.
- Good to Excellent Credit Required
Applicants typically need a good to excellent credit score (generally 670 FICO or higher) to qualify.
- Limited Premium Perks
Lacks luxury travel benefits like airport lounge access or extensive travel insurance coverage found on some premium cards.
- Wells Fargo Ecosystem Benefits
While not a downside for all, some redemption options and benefits are most seamlessly utilized by Wells Fargo banking customers.
