Best Wells Fargo Credit Cards

Wells Fargo offers several credit cards for consumers and small businesses that earn rewards and offer attractive benefits and 0% APR promotions. Many of its cards earn cash back or flexible points that allow customers to use their rewards in many ways. Promotions with 0% APR give customers extra time to pay off purchases or balances transferred from another credit card.

Credit cards from Wells Fargo offer numerous benefits depending upon the card that you select. Here are a few of the benefits that you may be offered on your credit card:

• Free FICO score
• Auto rental collision damage waiver
• Cell phone insurance
• Trip cancellation protection
• Lost luggage reimbursement

Currently, consumer credit cards from Wells Fargo do not charge an annual fee. However, most charge a foreign transaction fee of 3% on international purchases. Additionally, you may be charged up to $40 for a late or returned payment.

Interest Rates

Interest rates for Wells Fargo credit cards are variable based on the Prime Rate. Most cards have a range of interest rates that are based on your creditworthiness. Standard APRs are as low as 11.15% and as high as 24.99%, depending on your personal information and which card you apply for.

Wells Fargo offers credit cards for consumers and small business owners with good (670 FICO) credit and above. It does not offer a secured credit card for consumers, but it does have a business secured credit card. Wells Fargo does not offer cards targeted to consumers with no credit history or poor credit (below 670 FICO). However, college students can start to build credit with the student credit card.

To apply for a Wells Fargo consumer credit card, you'll need to provide the following information:

• First and last name
• Address
• Email and phone number
• Social Security number
• Date of birth
• Mother's maiden name
• Country of citizenship
• Housing status
• Monthly mortgage or rent payment
• Employment status and occupation
• Employer name and phone number
• Years at current employer
• Total annual income
• Is any portion of your income non-taxable?

After submitting an application, most people receive an immediate decision. If the system is unable to approve you, you should receive a letter requesting more information or explaining the bank's decision within seven to 10 business days.

Keep in mind that you may not eligible for a new card bonus or 0% APR offer if you opened a Wells Fargo credit card in the last 15 months and received a bonus or APR offer on that card.

Wells Fargo ranked eighth out of 11 national card issuers in the J.D. Power 2020 U.S. Credit Card Satisfaction Study. The bank received a below average score. Some of Wells Fargo's satisfaction rating may be a negative perception holdover from its retail banking scandal, when the bank had to make restitution for opening millions of accounts on behalf of customers without their consent. The banking giant is under new management, so time will tell if its customer service ratings improve.

Wells Fargo is one of the oldest banking organizations in the U.S., formed in 1852 as an express and banking company in California by the same founders as American Express—Henry Wells and William Fargo—to take advantage of the booming gold rush that began in 1848. Through multiple mergers and acquisitions over the years, which included Crocker National Bank, Norwest, and Wachovia, Wells Fargo is now a super bank with coast-to-coast operations and well over $1 trillion in assets. Its credit card operations rank eighth in the U.S., just behind Discover in terms of outstanding balances.