Wells Fargo Active Cash Card Review

Unlimited 2% cash rewards — Cardholders earn 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 in certain categories, and while they are worth it, they require more work. And often they are also subject to restrictions and restricted on what purchases they apply. The Wells Fargo Active Cash® Card is perfect for someone who wants a card that’s easy to use but still offers high rewards: You’ll earn best-in-class fixed rewards immediately on your purchases — with no restrictions or hoops to jump through.

Welcome offer of $200 cash prize — New Wells Fargo Active Cash® Cardholders can get a welcome offer of a $200 cash reward for spending just $500 on purchases in the first 3 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. We haven’t found another credit card with unlimited 2% cash rewards that also has a sign-up bonus.

12 months from account opening, 0% APR intro offer. — New cardholders can enjoy 0% intro APR on new purchases and eligible balance transfers for a full 12 months from account opening. (After that period, entry rates of 18.49%, 24.49%, or 28.49% Variable APR apply.) That’s a good deal, even when compared to cards marketed with just a 0% intro APR. This means this card allows you to avoid interest on purchases and balance transfers for an entire year!

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

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