Wells Fargo Active Cash® Card Review

2% cash back on all purchases, $200 bonus, 0% intro APR, and no annual fee.

Wells Fargo Active Cash® Card Review


  • Annual Fee: $0, making it an economical choice for all users.
  • Rewards Rate: Unlimited 2% cashback on all purchases, simplifying the rewards system.
  • Sign-up Bonus: Earn a $200 cash rewards bonus after spending $500 in purchases within the first 3 months.
  • Intro APR: Enjoy a 0% intro APR on Purchases and Balance Transfers for 15 months from account opening, followed by a Variable APR of 20.24%, 25.24%, or 29.99%.
  • Foreign Transaction Fee: 3%, applicable on purchases made outside the U.S.


  • High Rewards Rate: The card offers an impressive 2% cash back on all purchases, a competitive rate in the cashback category.
  • No Annual Fee: Users can enjoy the benefits without worrying about an annual cost.
  • Intro APR Period: The extended 0% APR period on purchases and balance transfers can significantly reduce interest costs for new cardholders.
  • Additional Perks: This includes cell phone protection when paying the monthly bill with the card and access to Visa Concierge and Visa Signature Luxury Hotel Collection.


  • No Bonus Categories: Unlike other cash-back cards offering higher reward rates on specific spending categories, the Wells Fargo Active Cash® Card offers a flat rate for all purchases. This could be a downside for those who spend heavily on dining, travel, or groceries and could benefit more from a card with targeted bonus categories.
  • Redemption Options Tailored to Wells Fargo Customers: Non-Wells Fargo customers might find the rewards redemption options somewhat limiting compared to those who bank with Wells Fargo, as the most convenient redemption options are designed with Wells Fargo customers in mind.

Product Summary

The Wells Fargo Active Cash® Card stands out in the cash-back credit card market with its straightforward yet generous rewards program, offering an unlimited 2% cash back on all purchases. With no annual fee and a significant sign-up bonus, this card appeals to many consumers, especially those who prefer a simple, effective rewards strategy without the hassle of tracking spending categories. The introductory APR offer adds value, particularly for those looking to make large purchases or transfer balances. While it lacks bonus categories, its high flat-rate cashback and additional benefits like cell phone protection make it a compelling choice for single-card users and those looking to complement a more complex card strategy.

Read more