Wells Fargo Active Cash Credit Card Reviews 2023 – Eligibility – How to apply & Pros – Cons

Wells Fargo Active Cash Credit Card Eligibility –

To be eligible for the Wells Fargo Cash Wise Visa Credit Card, you will typically need to meet the following criteria:

1. Be at least 18 years old (19 in some states).
2. Have a good credit score. This means a score of at least 670, although a higher score may improve your chances of approval and help you get a better credit limit.
3. Have a stable income and a history of responsible financial management.
4. Be a U.S. citizen or permanent resident.

Remember that these are general requirements, and the specific eligibility criteria may vary depending on the specific credit card you are applying for. It is always a good idea to review the terms and conditions of a credit card before applying.

How to apply for Wells Fargo Active Cash Credit Card?

You can apply for the Wells Fargo Cash Wise Visa Credit Card by following these steps:

1. Go to the Wells Fargo website and click on the “Apply Now” button for the Cash Wise Visa Credit Card.
2. Fill out the online application form with your personal and financial information, including your name, address, income, and employment history.
3. Review and accept the terms and conditions of the credit card.
4. Submit your application. You should receive a decision on your application within a few minutes, although it may take longer if more information is needed.

If your application is approved, you will receive your credit card in the mail within a few weeks. You will also receive information on how to activate your credit card and create an online account for managing your account.

• READ: Wells Fargo Reflect Credit Card Review

Remember that the application process may vary depending on the specific credit card you are applying for. It is always a good idea to review the terms and conditions of a credit card before applying.

Wells Fargo Active Cash Credit Card Pros –

Here are some pros to consider when it comes to the Wells Fargo Cash Wise Visa Credit Card:

1. Sign-up bonus: The Wells Fargo Cash Wise Visa Credit Card offers a sign-up bonus of $200 cash back after you spend $1,000 on purchases in the first 3 months. This can be a great way to get extra value out of your card.
2. Rewards: The Wells Fargo Cash Wise Visa Credit Card offers unlimited 1.5% cash back on every purchase, making it easy to earn rewards on all your spending.
3. Fraud protection: The Wells Fargo Cash Wise Visa Credit Card comes with fraud protection and zero liability for unauthorized charges, so you don’t have to worry about losing money if your card is lost or stolen.
4. Credit building: Using a credit card responsibly, such as paying your balance in full and on time each month, can help you build a positive credit history and improve your credit score.
5. Mobile wallet compatibility: The Wells Fargo Cash Wise Visa Credit Card is compatible with mobile wallets like Apple Pay and Google Pay, making it easy to make contactless payments with your phone or smartwatch.
6. Easy account management: Wells Fargo offers online and mobile tools for managing your credit card account, including the ability to view your balance, make payments, and track your spending.

Wells Fargo Active Cash Credit Card Cons –

Here are some potential cons to consider when it comes to the Wells Fargo Cash Wise Visa Credit Card:

1. Annual fee: The Wells Fargo Cash Wise Visa Credit Card has an annual fee of $0. This may be a drawback for people who prefer fee-free credit cards.
2. High-interest rates: The Wells Fargo Cash Wise Visa Credit Card has a variable APR that can be quite high, especially if you have a lower credit score. This can make it more expensive to carry a balance from month to month.
3. Foreign transaction fees: The Wells Fargo Cash Wise Visa Credit Card charges a foreign transaction fee of 3% for purchases made outside the U.S. This can add up if you travel frequently or make many international purchases.
4. Limited acceptance: While Wells Fargo credit cards are widely accepted in the U.S., they may not be as widely accepted internationally as other major credit card brands.
5. Complex rewards program: The Wells Fargo Cash Wise Visa Credit Card rewards program is straightforward but may not be as generous as other cash-back credit cards.
6. Lack of premium perks: Some high-end credit cards offer premium perks like airport lounge access and concierge service, but the Wells Fargo Cash Wise Visa Credit Card does not typically offer these perks.

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