Wells Fargo Reflect® Card
|
This device is too smallIf you're on a Galaxy Fold, consider unfolding your phone or viewing it in full screen to best optimize your experience. Wells Fargo Reflect® Card One Of The Longest Intro 0% Interest Periods AvailableOur experts awarded Best 0% Intro APR Credit Card and Best Balance Transfer Credit Card to the Wells Fargo Reflect® Card in 2022. (See rates and fees.) And it's not hard to figure out why. The Wells Fargo Reflect® Card offers one of the longest 0% intro APR periods for purchases and balance transfers that we've seen. New cardholders get 0% intro APR on purchases and qualifying balance transfers for 21 months from account opening, and then the go-to rate of 18.24%, 24.74%, or 29.99% Variable APR. You'll effectively get a nearly two-year break on interest, which can help you pay off credit card debt faster and avoid interest on new purchases. On top of the lengthy 0% intro APR period, this card offers a balance transfer fee of 5% or $5 (whichever is greater) for transfers requested in the first 120 days of account opening. Bottom line:
Simply put, you'd be hard pressed to beat this card if you're looking to temporarily avoid credit card interest. Wells Fargo Reflect® Card4.50 out of 5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.= Best = Excellent = Good = Fair = Poor 4.50 out of 5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.= Best = Excellent = Good = Fair = Poor 2022 Award Winner Winner of best 0% intro APR credit card and best balance transfer credit card! Intro APR 0% intro APR for 21 months from account opening on purchases and qualifying balance transfers Purchases: 0% intro APR, 21 months from account opening Balance Transfers: 0% intro APR, 21 months from account opening on qualifying balance transfers Regular APR
18.24%, 24.74%, or 29.99% Variable APR
Annual Fee N/A
$0
What we like about Wells Fargo Reflect® Card0% intro APR for 21 months (on both purchases and balance transfers) -- This is where the Wells Fargo Reflect® Card is hard to beat. It's worth noting that the intro APR applies to balance transfers made within the first 120 days of opening the account. There is also a balance transfer fee of 5% ($5 minimum). Those fee amounts are standard among balance transfer credit cards. No annual fee -- The Wells Fargo Reflect® Card cuts fees in the right places. Case in point, the card has no annual fee. Cellphone protection -- When you pay your monthly cellphone bill with your eligible Wells Fargo credit card, you get up to $600 of cellphone protection against damage or theft (subject to a $25 deductible). This is one of those underrated credit card perks. You don't need to pay for cellphone insurance out of pocket, since this card includes protection already. Special offers -- Through My Wells Fargo Deals, you can earn cash back statement credits on shopping, dining, and experiences that you pay for with your eligible Wells Fargo card. Pro Tip
To get the most value out of this card, it is best to make any balance transfers during the intro fee period so that you have a lower balance transfer fee to pay. Suggested credit score
With the quality benefits the card offers, it's primarily aimed at consumers who have a credit score of 670 or better. Final takeIf your priority is a long 0% intro APR, the Wells Fargo Reflect® Card clearly outshines the competition. The 21-month 0% intro APR on purchases is a smart move if you have big expenses coming up or you need to spread out the cost of purchases over time, yet still avoid interest on them during the intro period (but remember to pay it off before you start accumulating interest). And if you're looking to transfer a current balance, it's hard to find a better pick. Add it all up and it's easy to see why our experts rate this card a perfect 5 stars, and a top card in its category. There's a right way to swipe
Credit cards with rewards and 0% intro APR offers are excellent, but remember, they are a tool to help you get the most out of your spending. The Ascent motto to follow:
Follow this and you'll be making your money work overtime for you. Live richly, not risky. TIP Want to increase your credit score in as little as one month?
Paying down credit balances is the fastest way to improve your FICO® Score. That's because 30% of your credit score is based on how much of your available credit you're using. Your credit utilization is reported monthly, which means paying off debt could improve your credit score in one month! BankAmericard® credit card5.00 out of 5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.= Best = Excellent = Good = Fair = Poor 5.00 out of 5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.= Best = Excellent = Good = Fair = Poor Intro APR 0% Intro APR for 18 billing cycles for purchases. 0% Intro APR for 18 billing cycles for any balance transfers made in the first 60 days. After the intro APR offer ends, 16.24% - 26.24% Variable APR on purchases and balance transfers will apply. A 3% fee applies to all balance transfers. Purchases: 0% Intro APR for 18 billing cycles for purchases Balance Transfers: 0% Intro APR for 18 billing cycles for any balance transfers made in the first 60 days Regular APR
16.24% - 26.24% (Variable)
Annual Fee
$0
BankAmericard® credit card is unavailable on The Ascent. All information was collected independently and not reviewed for accuracy or provided by the credit card issuer. Some items may be out of date.
We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. The Ascent, a Motley Fool service, does not cover all offers on the market. The Ascent has a dedicated team of editors and analysts focused on personal finance, and they follow the same set of publishing standards and editorial integrity while maintaining professional separation from the analysts and editors on other Motley Fool brands.
Citigroup is an advertising partner of The Ascent, a Motley Fool company. Bank of America is an advertising partner of The Ascent, a Motley Fool company. Wells Fargo is an advertising partner of The Ascent, a Motley Fool company. The Motley Fool has positions in and recommends Bank of America, Target, and Visa. The Motley Fool has a disclosure policy.
|