Wells Fargo’s credit cards are some of the most famous and most used cards today. The company offers credit cards for students, consumers, and even small business owners, who have different credit scores that range from low to high.
Now, this company hasn’t always had the best rewards for its customers, but recently things have changed. The company has rolled out plenty of products that are appealing to people who do not even bank with them.
They have also introduced cash rewards. These lets its customers redeem cash rewards in $20 bills right out of the ATM. All you have to do is use your Wells Fargo debit card at one of their ATMs. This is just one of the many rewards systems they have put in place.
Types Of Wells Fargo Credit Cards
Most of their credit cards have zero annual fees and most of them also give rewards to their customers with great introductory APRs. Now, if you wish to apply for a credit card, you will be required to choose from one of the following.
The Wells Fargo Propel American Express Card
This card has a stunning combination of travel features and a $0 annual fee. It also has a Variable APR of between 13.99% and 25.99%, and you will also receive 3X points on many different common things that you buy using the card.
The Wells Fargo Cash Wise Card
This card offers a Variable APR of between 15.49% and 24.99%, plus for the first 18 months, you will pay 0% APR on purchases made from qualifying retailers. The card is solid and has a no-fuss rewards system.
The Wells Fargo Platinum card
This card gives you a very long run if you wish to pay off your debt or if you want to make a large purchase. The Variable APR on the card is from 15.49% to 24.99%. However, the intro APR is 0% for the first 18 months.
How To apply For A Wells Fargo Credit Card
There are basically four main ways of applying for a credit card. You can either apply for the card online, by phone, through the mail, or you can do it in-person. All of these are very easy options, but the level of convenience in each is not the same.
The most convenient application process is of course online. Applying online is very fast, and extremely convenient, plus you can do it from anywhere and at any time. It also makes the most sense after you have compared different credit card offers online.
How To Apply Online
Get Pre-Approved First
Now, all major credit card companies allow you to see whether or not you have been pre-approved before you apply. Pre-approval involves a soft credit pull, which is good because it doesn’t affect your credit score.
Once you are pre-approved, the chances of getting approved for the credit card are very high.
Check Your Credit Score
When it comes to credit card applications, your credit score dictates the amount of interest you will pay on the card. If you want very low-interest rates for a Wells Fargo Card, your credit score should be above 800.
They, however, consider customers from as low as 690. Also, if your credit is good, then you can receive approval very fast.
Choose The Card That Best Suits Your Needs
From our review above, Wells Fargo offers three different cards. You must critically evaluate what each card has to offer, so you can identify the card that best fits your needs. We recommend that you look for a card that offers many rewards and a low-interest rate.
Fill Out The Online Application Form
Visit the Wells Fargo website, and apply for their credit card. All the fields on the form must be filled out, and this means that you must fill in details such as your name, your current address, your income level, your Social Security Number, etc.
You must give valid information, as the company may wish to contact you at any time regarding the application. Additionally, you must provide a phone number that is registered to a cell phone.
They can also contact you via emails, and this is the email they will use to send you marketing messages. However, if you do not wish to receive these, you can easily opt-out.
Submit The Application
Once you are done applying for the card by filling in the required details, you can then wait for them to make a decision. Sometimes it’s instant, especially if you were pre-approved, while in some other cases, it will take time.
You could wait up to 14 business days before you receive approval for the card. Within this time, they may request additional information, which you must provide to be approved.
Wait For Your Card In The Mail
It usually takes up to two weeks for the bank to send the credit card in the mail. Many companies expedite the delivery process if you ask for it and it’s always free.
Wells Fargo is a reliable company to use for your credit card, and as per their current rewards systems, they are likely to make your life much easier with their cards. It is, however, important that you exercise caution at all times when applying for credit cards so you do not end up in debt.
Note: There are risks involved when applying for and using credit. Consult the bank’s terms and conditions page for more information.