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: unlimited 2% cashback on every purchase and a bonus of $200!
The Wells Fargo credit card is highly regarded across the U.S., having received numerous accolades, including:
- NerdWallet’s Best Simple Cashback Card (2022-2024)
- The Ascent’s Best No Annual Fee Card (2023)
- Bankrate’s Best Fixed-Rate Cashback Card (2024)
This card delivers unlimited 2% cashback on all expenditures, redeemable via gift cards, cash deposits, ATM withdrawals, and even PayPal!
Wells Fargo waives the annual fee for the Active Cash Credit Card, plus offers a 0% introductory APR for 15 months on eligible purchases and balance transfers.
Post-introductory, the variable APR spans from 20.24% to 29.99%, with a 120-day delay for balance transfers.
This card is perfect for daily use, featuring Visa Signature benefits like exclusive concierge services and travel assistance.
If you think the Active Cash card might suit you, keep reading on.
Who Is Eligible to Apply?
The eligibility requirements for the Wells Fargo Active Cash card are quite typical in the U.S., making it accessible to many.
Applicants need to be U.S. citizens or hold valid work visas. Ensuring all documents are current is vital, no matter the applicant’s nationality.
They must also be at least 18 years old, though age requirements vary by state, usually between 19 and 21.
Proof of income and a FICO score in the good to excellent range, typically starting at 670 points, are essential for credit approval.
Your annual income and credit rating play a crucial role in whether your credit card application gets approved or rejected and also in setting your monthly spending limits.
What’s the Process to Apply for the Wells Fargo Active Cash Card?
To begin your credit card application, click the ‘Apply Now’ button, which will redirect you to the application form.
If you’re already a banking customer, logging in will automatically fill in your details.
If you’re new to the bank, you’ll need to input your full name, Social Security number, birth date, address, city, ZIP code, email, and phone number.
Additionally, you must select your country of birth and respond to a security question.
You’ll also need to provide your housing status (own, rent, or other) and employment status (employed, self-employed, unemployed, or retired), along with your total yearly income.
As you provide this information, you must also agree to Wells Fargo’s verification processes.
Once you’ve submitted the necessary information, the bank will evaluate your application to decide on approval or denial.
If you have questions or need help, you can reach out to the bank’s customer service. Wells Fargo’s enrollment process is designed for efficiency and quick responses to inquiries.
The key is to provide all required information accurately, reducing the chances of errors and saving time.
However, fulfilling these requirements does not ensure approval, as the final decision rests with Wells Fargo.
Additional Information
The Wells Fargo Active Cash card provides numerous other perks, including cell phone protection of up to $600 against theft or damage, with a $25 deductible for activation.
Wells Fargo offers emergency travel assistance along with zero liability protection for any unauthorized transactions reported promptly.
The My Wells Fargo Deals program gives you tailored offers and special discounts, allowing for cashbacks on various purchases or events.
With the Credit Close-up service, cardholders can monitor their FICO score in real-time and access roadside assistance for towing any time, day or night.
Additionally, Wells Fargo provides a collision damage waiver for rental cars to cover any damage or theft that may occur.
Interested in exploring another option?
For those seeking another card with favorable terms and cashback up to 5% across various categories, check out the U.S. Bank Cash+ Visa Signature Card.
Thus, the criteria for choosing cardholders are quite alike, and you can find out how to apply.
