What You Need to Know Before Applying for the Wells Fargo Active Cash Card?
The Wells Fargo Active Cash Credit Card comes with two key advantages: unlimited 2% cashback on all purchases and a $200 bonus reward!
This card has earned significant recognition in the U.S. market, receiving numerous accolades, such as:
• Best simple cashback credit card by NerdWallet in 2022, 2023, and 2024
• Best no annual fee card in 2023 by The Ascent
• Best fixed-rate cashback card in 2024 by Bankrate Awards
With this card, you earn unlimited 2% cashback on every purchase, and you can redeem your rewards through gift cards, statement credits, cash deposits, ATM withdrawals, and even PayPal transactions.
Wells Fargo does not charge an annual fee for the Active Cash Credit Card. Additionally, there is a 0% introductory APR for 15 months on qualifying purchases and balance transfers.
Once the introductory period ends, the variable APR ranges from 20.24% to 29.99%, depending on your creditworthiness and the type of transaction.
This card is a great option for everyday purchases, offering Visa Signature benefits like concierge services and travel assistance.
If you think the Active Cash could suit your needs, keep reading.
Who Can Apply?
The eligibility criteria for the Wells Fargo Active Cash card are generally standard within the U.S. credit card market, allowing a broad range of individuals to apply.
Applicants must be U.S. citizens or have valid work visas. It is important that all documents are current, regardless of the applicant’s nationality.
Additionally, applicants must be at least 18 years old, though the age requirement can vary depending on the state, usually between 19 and 21.
A verifiable income and a FICO score within the good to excellent range, usually starting at 670, are essential for approval.
Both your income level and credit score will influence the likelihood of your application being approved, as well as the credit limit you are granted.
How Do I Apply for the Wells Fargo Active Cash Card?
To begin the application process, click on the ‘Apply Now’ button, which will take you to the application form.
If you are an existing Wells Fargo customer, logging into your account will automatically fill in some of your details.
For those new to Wells Fargo, you will need to provide your full name, Social Security number, date of birth, address, city, ZIP code, email, and phone number.
Additionally, you will be asked to select your country of birth and answer a security question for verification.
You will also need to specify your housing status (own, rent, or other) and employment status (employed, self-employed, not employed, or retired), along with your total annual income.
Along with this, you must agree to Wells Fargo’s verification processes.
Once you submit the required information, the bank will evaluate your application to decide whether to approve or decline it.
If you have any questions or need help, you can contact Wells Fargo’s customer support team.
The bank’s system is designed to be efficient, providing quick responses to applicants.
Therefore, the most important factor is to provide accurate information to minimize the need for corrections and save time.
However, submitting the required information does not guarantee approval, as the bank retains the final decision on whether or not the card is granted.
More Details
The Wells Fargo Active Cash card also offers a variety of additional benefits, including up to $600 in cell phone protection for theft or damage, with a $25 deductible to activate this feature.
Emergency travel assistance is available, and the card comes with zero liability protection for unauthorized transactions if reported promptly.
The My Wells Fargo Deals program provides personalized offers and exclusive discounts, giving you cashback on purchases or events.
Additionally, the Credit Close-up feature allows real-time monitoring of your FICO score, and the card includes roadside dispatch for towing services available 24/7.
Another benefit is the collision damage waiver for car rentals, which covers damage or theft of a rental vehicle.
Want to learn another option?
If you are seeking another option that offers strong rewards, including up to 5% unlimited cashback on purchases, the Discover It Cash Back card might be a good option to consider.
Check out now the application instructions and see how to apply.