Wells Fargo Credit Card Information You Need to Know
1. Wells Fargo Credit Card has a wide range of types. Individuals, small businesses and business services can choose the right Wells Fargo Credit Card.
2. Wells Fargo Propel American Express ® Card has no annual fee when you spend $3000 in the first 3 months. 30000 HP bonus points when shopping. Eat out and order; Natural gas, by installation and transportation; Flights, hotels, host families and car rentals; Popular streaming services, using a Wells Fargo credit card to earn triple points on these qualifying purchases. Other purchases earn 1-time points. As long as your account remains valid, the points will not expire.
3. Wells Fargo Cash Wise Visa ® Card doesn't charge an annual fee, also provides Cash incentives. If you spend $1,000 in the first three months, you get a $200 cash bonus. For every $1 you spend on your credit card account (purchases minus returns/credits), you get a 1.5% cash bonus. Then the cash reward will not expire. Account protection, such as 24/7 fraud monitoring, alerts, and zero-liability protection for timely reporting of unauthorized transactions.
4. Wells Fargo Rewards ® Card has a low introductory APR and very flexible reward. In the first six months, gas costs as much as $12,500 to buy at grocery stores and pharmacies, and five times bonus points to earn multiple points on other purchases. Use your points for 5 years. Use points flexibly for travel, gift cards, merchandise, cash transfers, etc. Account protection features such as zero liability, timely reporting of unauthorized transactions, quick alerts, and mobile phone protection.
Should You Apply For Wells Fargo Credit Card?
Wells Fargo and Company is one of the largest banks in the United States and a leader in international banking. It has branches in major financial centers around the world. Wells Fargo is one of the largest listed companies in the world, with over 70 million customers worldwide. Major departments include commercial banks, investment and wealth management, consumer finance, mortgage services, and credit card issuance according to your choice of Wells Fargo credit cards. You can enjoy exclusive discounts such as earning cash incentives or bonus points, looking for unique travel experiences, airline tickets, hotels, etc. Wells Fargo offers a variety of credit cards for most people to choose from, and most people will find the right card. If you have Wells Fargo Credit Card that suits you, you can choose to apply. If you think that every type of Wells Fargo Credit Card is not suitable for you, you can refer to other cards.
What is a balance transfer credit card?
Balance transfer credit cards give people the opportunity to transfer from a high-interest credit card to a lower-interest credit card. They also can help cardholders save a lot of money they need to pay for interest. For example, if you have a high balance on a reward credit card at 23% APR, you can transfer the debt to a balance transfer credit card with a lower rate during the introductory period, so you can save money on interest and pay down your debt faster. However, you can only transfer an amount up to your credit limit on the new credit card.
What are the benefits of balance transfer credit cards?
Low balance transfer APR
Low balance transfer APR can help you to pay existing debt faster. This is because you can get a low promotion or introductory APR to pay the balance within a specified time frame.
Low introductory APR
This may help you cut time which takes to reduce your debt and save money on interest.
Easy to keep track of your payment
Consolidating all of your balances on to one card with a low introductory APR instead of paying multiple credit cards on multiple due dates, means you only have to keep track of one payment a month.
What do you need to apply for a balance transfer credit card?
Credit score
The issuer will review your personal credit history when determining whether to approve your credit card and what terms you are eligible for. Responsible past use of credit will maximize your chances.
Application
You can apply for a store credit card online, in banks or by email depending on the card. And you just need to fill in your personal information and submit your application. The credit card issuer will consider your credit reports and several different factors when reviewing your application to get an idea of your creditworthiness.
How to use a balance transfer credit card?
Read your credit card terms and conditions.
This will give you an idea of how you can earn rewards, when rewards will post and other information. Check if the introductory APR offer and the introductory balance transfer fee apply only to the balance transfer, regular purchases, or both.
Pay down the debt
Avoid just chasing 0% balance transfer offers or keep bouncing balances from one card to another. Try to find a great balance transfer offer and making a plan to pay down your debt as soon as possible.
How to complete a balance transfer
When you respond to a balance transfer offer, you can indicate the account numbers you want to pay and how much you want to transfer.
After you get approved for the balance transfer, the new credit card issuer will contact your creditors or billers on your behalf and pay them the amount you want to transfer. This processing maybe takes up to two weeks.
If you have any payments due before that time, you have to make those payments by their due dates in order to avoid late fees.
