Discover the Process of Applying for a Wells Fargo Active Cash Card
Essential Insights Before You Apply for the Wells Fargo Active Cash Card
The Wells Fargo Active Cash Credit Card offers two standout perks: an unlimited 2% cashback across all categories along with a $200 bonus reward!
The Wells Fargo card enjoys a stellar reputation in the U.S. market, recognized for accolades such as:
- Top simple cashback card by NerdWallet in 2022, 2023, and 2024
- Best no annual fee card in 2023 by The Ascent
- Best fixed-rate cashback card in 2024 by Bankrate Awards
This card provides an unlimited 2% cashback on every purchase, redeemable via gift cards, purchase credits, cash transfers, ATM withdrawals, and even PayPal transactions.
Wells Fargo does not impose an annual fee for the Active Cash Credit Card, plus it offers a 0% introductory APR for 15 months on eligible purchases and balance transfers.
After the promo period, the variable APR can range from 20.24% to 29.99%, applicable after 120 days for balance transfers.
This card excels in everyday scenarios, featuring the Visa Signature for premium concierge services and travel assistance perks.
Think the Active Cash card is right for you? Keep reading.
Who is Eligible to Apply?
The eligibility requirements for the Wells Fargo Active Cash card are generally typical for the U.S. market, making it accessible to many.
Applicants must either be U.S. citizens or hold valid work visas. It’s essential that all paperwork is current, regardless of the applicant’s nationality.
Moreover, they need to be at least 18 years old, though the age requirement can vary by state, typically between 19 and 21.
Verified income and a FICO score in the good to excellent range, starting from around 670 points, are essential for credit approval.
The annual income and credit score play a crucial role in deciding not only the approval of your card application but also your monthly spending limits.
How to Apply for the Wells Fargo Active Cash Card?
To begin the credit card application, simply click the ‘Apply Now’ button to access the application form.
If you are already a banking customer, logging in will automatically fill in your details.
New customers will need to provide their full name, Social Security number, date of birth, address, city, ZIP code, email, and phone number.
You will also need to select your country of birth and respond to a security question.
Additionally, you must specify your housing (own, rent, or other) and employment status (employed, self-employed, unemployed, or retired), along with your annual income.
Along with this information, you need to agree to Wells Fargo’s verification policies.
Once you submit your details, the bank will review your application to decide on approval or denial.
If you have any questions or need help, you can reach out to the bank’s customer service. Wells Fargo’s system is quite effective, especially in addressing customer inquiries quickly.
It’s crucial to provide all required information accurately to reduce the need for corrections and save time.
However, fulfilling these criteria does not guarantee approval, as the final decision rests with Wells Fargo.
Additional Information
Wells Fargo Active Cash includes multiple benefits, like cell phone protection of up to $600 against theft and damage, with a $25 deductible for activation.
Wells Fargo provides emergency travel assistance services, along with zero liability protection for any unauthorized transactions reported promptly.
The My Wells Fargo Deals platform offers tailored promotions and exclusive cash back discounts on purchases and events.
With the Credit Close-up feature, cardholders can monitor their FICO scores in real-time and access roadside dispatch for towing anytime.
Additionally, Wells Fargo provides a collision damage waiver for rental cars in the event of damage or theft.
Interested in exploring another option?
If you’re searching for an alternative with favorable terms and cashback of up to 5% across various categories, check out the U.S. Bank Cash+ Visa Signature Card.
Therefore, the criteria for selecting cardholders are quite similar, and you can see how to apply.
