Wells Fargo Reflect® Card

Wells Fargo Reflect® Card: interest rates, available limits, сashback and bonuses. Full conditions for obtaining a credit card online. The procedure for registration and receipt online or at a bank branch. Features.


About

The Wells Fargo Reflect® Card is a credit card offered by Wells Fargo Bank. It is designed for people with fair to good credit who are looking to build or improve their credit. Features of the card include a low introductory annual percentage rate (APR) on balance transfers and purchases, and no annual fee. Additionally, cardholders can access free online tools and resources to help them manage their finances and credit, including free credit score tracking. However, there are potential drawbacks to consider, such as a high regular APR and potential fees for late or returned payments. As with any credit card, it's important to read the terms and conditions carefully and understand the potential costs and benefits before applying.

Features

  1. Unlimited 1.5% cash back on all purchases.
  2. No annual fee.
  3. 0% intro APR on purchases and balance transfers for 18 months.
  4. Access to exclusive savings and discounts through the Wells Fargo Rewards program.
  5. Mobile banking and account management.
  6. Fraud protection and zero liability for unauthorized purchases.
  7. Ability to earn bonus cash back through the Wells Fargo Rewards program.
  8. Flexible payment options, including online and mobile payments.
  9. Customizable alerts to help manage your account.

It's important to review the terms and conditions of the card, including the annual percentage rate (APR) for purchases and balance transfers after the introductory period, any fees, and the rewards program, to determine if it's the right fit for your financial needs.

Rewards

The Wells Fargo Reflect® Card offers rewards in the form of cash back. Cardholders can earn unlimited 1.5% cash back on all purchases made with the card. The cash back rewards are automatically credited to the cardholder's account each statement period.

Additionally, cardholders may have the opportunity to earn bonus cash back through the Wells Fargo Rewards program. The specific terms and conditions of the program, including how to earn and redeem rewards, may vary and are subject to change. It's recommended to review the program details and regularly monitor your rewards balance to make the most of your cash back earnings.

How to apply for Wells Fargo Reflect® Card?

  1. Visit the Wells Fargo website. Go to the Wells Fargo website and find the Wells Fargo Reflect® Card page.
  2. Review the card details. Review the card details, including the rewards program, interest rates, and fees, to determine if the card is a good fit for your financial needs.
  3. Start the application process. Click on the "Apply Now" button to begin the application process. You will be asked to provide personal information, including your name, address, income, and Social Security number.
  4. Submit the application. Review your information and submit the application. You should receive a decision on your application within a few minutes.

It's important to note that to be eligible for the Wells Fargo Reflect® Card, you must meet Wells Fargo's credit and income requirements and be a resident of the United States. Additionally, you may be required to provide additional information or documentation as part of the application process.

Rates and Fees

  1. Annual Percentage Rate (APR). The APR for purchases and balance transfers after the introductory period may vary based on the prime rate and your creditworthiness.
  2. Balance Transfer Fee. There may be a fee for balance transfers, usually a percentage of the amount transferred.
  3. Foreign Transaction Fee. There may be a fee for transactions made in a foreign currency or outside of the United States.
  4. Cash Advance Fee. There may be a fee for cash advances, usually a percentage of the amount advanced.
  5. Late Payment Fee. There may be a fee for late payments.
  6. Returned Payment Fee. There may be a fee for returned payments.
  7. No Annual Fee. The Wells Fargo Reflect® Card does not have an annual fee.

It's important to review the terms and conditions of the card, including the APR, fees, and any other charges, before applying to determine if the card is a good fit for your financial needs. The rates and fees may be subject to change and may vary based on your creditworthiness and other factors.

Pros and Cons

Pros

  1. Unlimited 1.5% cash back on all purchases.
  2. No annual fee.
  3. 0% intro APR on purchases and balance transfers for 18 months.
  4. Access to exclusive savings and discounts through the Wells Fargo Rewards program.
  5. Fraud protection and zero liability for unauthorized purchases.

Cons

  1. APR may be higher than other cards after the introductory period.
  2. Balance transfer fee may be higher than other cards.
  3. Cash advance fee and foreign transaction fee may apply.
  4. Rewards program may have limitations and restrictions.

It's important to consider your personal financial situation and spending habits when evaluating the pros and cons of the Wells Fargo Reflect® Card to determine if it's the right fit for your needs. It's also recommended to review the terms and conditions of the card, including the APR, fees, and rewards program, to fully understand the costs and benefits of the card.

Requirements

To be eligible for the Wells Fargo Reflect® Card, individuals must meet the following requirements:

  1. Credit and Income Requirements. Wells Fargo has specific credit and income requirements for applicants, and the bank will consider your credit history, income, and other factors when evaluating your application.
  2. Residency. You must be a resident of the United States to be eligible for the card.
  3. Age. You must be at least 18 years of age to apply for the card.

In addition to these requirements, you may be required to provide personal information, such as your name, address, and Social Security number, and other documentation as part of the application process. Wells Fargo may also verify your employment, income, and other information before approving your application.

It's important to review the terms and conditions of the card, including any fees and interest rates, before applying to ensure that the Wells Fargo Reflect® Card is the right fit for your financial needs.

Issue and repayment

If you have an issue with your Wells Fargo Reflect® Card or need to make a repayment, here are some steps you can follow:

  1. Contact customer service. Call the customer service number on the back of your card to speak with a representative about your issue.
  2. Report a lost or stolen card. If your card is lost or stolen, report it immediately to prevent unauthorized purchases.
  3. Dispute a transaction. If you believe there has been a mistake on your statement, you can dispute the transaction with Wells Fargo.
  4. Make a payment. You can make a payment on your Wells Fargo Reflect® Card by mail, phone, or online. You can also set up automatic payments to ensure that your payments are made on time.
  5. Manage your account. You can manage your Wells Fargo Reflect® Card account online, including viewing your statements, checking your rewards balance, and updating your personal information.

If you have a specific issue or question about your Wells Fargo Reflect® Card, it's recommended to contact customer service for assistance. The customer service team can help you resolve any issues and provide information on repayment options and other related topics

How to lock for missing or stolen cards?

To report a lost or stolen Wells Fargo Reflect® Card, follow these steps:

  1. Call the customer service number. Call the customer service number on the back of your card as soon as possible to report that it has been lost or stolen.
  2. Provide information. The customer service representative will ask for information about the missing or stolen card and may also ask you to provide personal information to verify your identity.
  3. Cancel the card. The customer service representative will cancel your lost or stolen card and issue a new one if requested.
  4. Monitor your account. Wells Fargo may offer fraud protection, but it's important to monitor your account regularly to ensure that there have been no unauthorized transactions.

By reporting your lost or stolen card as soon as possible, you can help prevent unauthorized purchases and reduce the risk of financial loss. If you have any issues or questions about reporting a missing or stolen card, it's recommended to contact customer service for assistance.

Wells Fargo Reflect® Card vs Wells Fargo Active Cash® Card

The Wells Fargo Reflect® Card and the Wells Fargo Active Cash® Card are both credit cards offered by Wells Fargo, but they have some key differences:

Wells Fargo Reflect® Card

  • Rewards. Unlimited 1.5% cash back on all purchases.
  • Intro APR. 0% intro APR on purchases and balance transfers for 18 months.
  • Annual fee. No annual fee.

Wells Fargo Active Cash® Card

  • Rewards. Unlimited 1.5% cash back on purchases, and unlimited 1.8% cash back on qualified digital wallet purchases during the first 12 months from account opening.
  • Intro APR. 0% intro APR on purchases and balance transfers for 15 months.
  • Annual fee. No annual fee.

Both cards offer cash back rewards and no annual fee, but the Wells Fargo Active Cash® Card offers a higher cash back rate on digital wallet purchases and a slightly longer intro APR period. It's important to consider your spending habits and personal financial situation when comparing these cards to determine which one may be the better fit for your needs. It's also recommended to review the terms and conditions of each card, including the APR, fees, and rewards program, to fully understand the costs and benefits of each card.

Wells Fargo Reflect® Card vs Discover It® Secured Credit Card

The Wells Fargo Reflect® Card and the Discover It® Secured Credit Card are two different types of credit cards that offer different features and benefits.

Wells Fargo Reflect® Card

  • Rewards. Unlimited 1.5% cash back on all purchases.
  • Credit limit. Based on your creditworthiness.
  • Intro APR. 0% intro APR on purchases and balance transfers for 18 months.

Discover It® Secured Credit Card

  • Rewards. 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter, and unlimited 1% cash back on all other purchases.
  • Credit limit. Your credit limit is equal to the amount you deposit, which acts as a security deposit.
  • Intro APR. None.

The Wells Fargo Reflect® Card is a traditional unsecured credit card that requires good to excellent credit for approval, while the Discover It® Secured Credit Card is a secured credit card that is designed for individuals who are looking to build or rebuild their credit. The Discover It® Secured Credit Card requires a security deposit, but it offers rewards for gas and restaurant purchases, as well as a potential for an automatic upgrade to an unsecured card after 8 months of timely payments.

It's important to consider your credit standing and financial goals when comparing these cards. If you have good to excellent credit, the Wells Fargo Reflect® Card may be a better fit for you. If you are looking to build or rebuild your credit, the Discover It® Secured Credit Card may be a good option to consider. Be sure to review the terms and conditions of each card, including the APR, fees, and rewards program, to fully understand the costs and benefits of each card before making a decision.

Wells Fargo Reflect® Card vs Chase Freedom Unlimited®

The Wells Fargo Reflect® Card and the Chase Freedom Unlimited® are two different credit cards that offer different features and rewards.

Wells Fargo Reflect® Card

  • Rewards. Unlimited 1.5% cash back on all purchases.
  • Intro APR. 0% intro APR on purchases and balance transfers for 18 months.
  • Annual fee. No annual fee.

Chase Freedom Unlimited®

  • Rewards. Unlimited 1.5% cash back on all purchases.
  • Intro APR. 0% intro APR on purchases and balance transfers for 15 months.
  • Annual fee. No annual fee.

Both cards offer unlimited 1.5% cash back on all purchases and have no annual fee. However, the Chase Freedom Unlimited® has a slightly shorter intro APR period of 15 months compared to the 18 months offered by the Wells Fargo Reflect® Card.

It's important to consider your spending habits and personal financial situation when comparing these cards to determine which one may be the better fit for your needs. It's also recommended to review the terms and conditions of each card, including the APR, fees, and rewards program, to fully understand the costs and benefits of each card.

FAQ

What is the highest credit limit for Wells Fargo Reflect® Card?

The highest credit limit is determined by Wells Fargo based on several factors, including your creditworthiness, income, debt-to-income ratio, and other financial information. It is not publicly disclosed what the highest credit limit is for this card.

Keep in mind that credit limits are subject to change and may vary based on individual circumstances. If you are approved for the Wells Fargo Reflect® Card, your credit limit will be determined by Wells Fargo and disclosed in your card agreement. You may be able to request a credit limit increase in the future if your financial situation changes.

How do I make a balance transfer on the Wells Fargo Reflect® Card?

To make a balance transfer, you can follow these steps:

  1. Contact Wells Fargo. Call the customer service number listed on the back of your card or log in to your online account to initiate a balance transfer request.
  2. Provide account information. You will need to provide the account information for the credit card from which you want to transfer the balance, including the account number and the name on the account.
  3. Approval. Wells Fargo will review your balance transfer request and determine whether it can be approved. You will be informed of the decision and the terms of the balance transfer, including the balance transfer fee, if applicable.
  4. Complete the transfer. If your balance transfer request is approved, the transfer will be processed, and the balance from the other credit card will be transferred to your card.

It's important to note that balance transfers may be subject to a fee, and the terms and conditions of the balance transfer, including the interest rate, may differ from the terms and conditions of your Wells Fargo Reflect® Card. Be sure to carefully review the terms and conditions of the balance transfer before completing the transfer to fully understand the costs and benefits of the transfer

Is Wells Fargo Reflect® Card instant approval?

The approval process is not instant. Wells Fargo will review your application and credit information to determine whether you are eligible for the card and what credit limit you may be approved for. This process typically takes several days and may involve a hard pull of your credit report.

If your application is approved, you will receive a decision and your credit limit in the mail. If you are not approved, Wells Fargo will provide information on why your application was denied and what steps you can take to improve your chances of being approved in the future.

It's important to note that the approval process and credit limit are subject to change and may vary based on individual circumstances. If you have questions about your application status, you can contact Wells Fargo customer service for assistance.

What credit score is needed?

The credit score needed for the Wells Fargo Reflect® Card can vary, as approval and credit limit decisions are based on multiple factors, including your credit history, income, debt-to-income ratio, and other financial information.

Typically, Wells Fargo considers applicants with a good to excellent credit score, which is generally considered to be 700 or above. However, there is no minimum credit score required for the Wells Fargo Reflect® Card, and applicants with lower scores may still be considered.

It's important to remember that credit score is just one of several factors that Wells Fargo considers when determining eligibility and credit limit, and that approval and credit limit decisions are subject to change and may vary based on individual circumstances. If you have questions about your credit score and its impact on your application, you can contact Wells Fargo customer service for assistance.

Can I get cash with my Wells Fargo Reflect® Card?

Yes, you can get cash with your Wells Fargo Reflect® Card, but it is typically not recommended as a way to access cash because it is associated with higher costs and fees than other methods.

One way to get cash with your Wells Fargo Reflect® Card is to use it to withdraw cash from an ATM. However, cash advances from ATMs typically come with high fees and interest rates, making it a more expensive way to access cash compared to other options.

Another way to get cash with your Wells Fargo Reflect® Card is to use it to write a convenience check. However, convenience checks are also associated with high fees and interest rates, and it's important to carefully review the terms and conditions of the convenience check before using it to access cash.

It's generally recommended to use other methods to access cash, such as using a debit card linked to a checking account or using a check to withdraw cash from a checking account, as these options are typically associated with lower fees and interest rates.

Is it hard to get a Wells Fargo Reflect® Card?

The difficulty of getting a Wells Fargo Reflect® Card depends on several factors, including your credit history, income, debt-to-income ratio, and other financial information.

Wells Fargo typically considers applicants with a good to excellent credit score, which is generally considered to be 700 or above. However, there is no minimum credit score required for the Wells Fargo Reflect® Card, and applicants with lower scores may still be considered.

If you have a solid credit history, a stable income, and a manageable debt-to-income ratio, you may have a good chance of being approved for the Wells Fargo Reflect® Card. However, if you have a limited credit history or a high level of debt, you may have a more difficult time being approved for the card.

It's important to remember that approval and credit limit decisions are subject to change and may vary based on individual circumstances. If you have questions about your chances of being approved for the Wells Fargo Reflect® Card, you can contact Wells Fargo customer service for assistance.

What's the credit limit on Wells Fargo Reflect® Card?

The credit limit on the Wells Fargo Reflect® Card varies based on several factors, including your credit history, income, debt-to-income ratio, and other financial information.

Wells Fargo determines the credit limit for each cardholder based on a review of their credit information, and the credit limit may change over time as the cardholder's financial situation and credit history change.

There is no minimum or maximum credit limit for the Wells Fargo Reflect® Card, and the credit limit you may be approved for can range from a few hundred dollars to several thousand dollars, depending on your individual circumstances.

It's important to remember that the credit limit is subject to change and may vary based on individual circumstances. If you have questions about your credit limit or would like to request an increase, you can contact Wells Fargo customer service for assistance.

Company documents

Wells Fargo Retail Services Privacy Notice Show
International Privacy Notice Show
13.12.2022
-
Update 08.02.2023