If you’re looking for a credit card that keeps things simple while still rewarding you for every dollar you spend, the Wells Fargo Active Cash Card could be a strong contender. With unlimited 2% cash back on all purchases, no annual fee, and valuable perks, this card is designed for those who want to earn rewards without jumping through hoops. Here’s a full guide on how to apply and what to expect.
Fees, Interest Rates, and Introductory Offers
One of the highlights of this card is the 0% intro APR for 15 months on purchases and qualifying balance transfers. This can be especially helpful if you’re planning a large purchase or need time to pay off existing debt. After the introductory period ends, the variable APR ranges between 19.24% and 29.24%, depending on your creditworthiness.
You should also consider the following fees:
- Balance transfer fee: 3% (minimum $5) during the first 120 days, then up to 5%.
- Cash advance fee: 5% (minimum $10).
- Foreign transaction fee: 3% of each purchase made outside the U.S.
- Late payment fee: Up to $40.
While the 3% foreign transaction fee might not be ideal for international travelers, the card does include purchase protection, travel accident insurance, cell phone coverage (up to $600/year), and zero liability protection for unauthorized transactions.
Who Can Apply?
Wells Fargo generally recommends this card for applicants with good to excellent credit. That usually means a FICO® Score of 670 or higher. However, other factors like your income, debt-to-income ratio, and overall credit history will also be considered.
To be eligible, you must:
- Be at least 18 years old
- Be a U.S. resident
- Have a valid Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN)
It’s also important to note that if you’ve received a bonus from another Wells Fargo credit card in the past 15 months, you won’t qualify for the Active Cash Card’s welcome bonus—but you can still apply for the card.
How to Apply for the Active Cash Card
You can apply online via the Wells Fargo website or in person at a branch. The online process is quick and user-friendly. You’ll need to provide:
- Full name and contact details
- Date of birth and SSN/ITIN
- Employment status and income information
- Housing status and monthly housing payment
The bank will run a credit check, and in many cases, you’ll receive an instant decision. If you’re already a Wells Fargo customer, check for pre-approval offers in your online banking dashboard. Pre-qualifying won’t affect your credit score and gives you a clearer idea of your approval odds.
If you’re approved, you may gain access to a virtual card number right away, allowing you to begin using your new credit line even before your physical card arrives in the mail.
Is the Active Cash Card Worth It?
For those who prefer straightforward rewards, the Wells Fargo Active Cash® Card is hard to beat. The 2% flat-rate cash back applies to every purchase, every time—no need to worry about rotating categories or activating special offers. It’s ideal for people who want a reliable, no-fuss card that rewards them consistently.
Whether you’re new to credit or just looking for a smarter way to earn on your everyday expenses, this card offers strong value with minimal effort.
All information in this and other BOISLA articles is subject to change over time. Please check for updates directly with the institutions and companies mentioned. Approval is subject to the institution’s review.
REFERENCES:
https://creditcards.wellsfargo.com/
Read more about credit cards in https://boisla.com/category/credit-cards/
