Wells Fargo Active Cash Critical Analysis


Unlimited 2% Cash Rewards

The Wells Fargo Active Cash® Card boasts incredible ongoing cash rewards, an easily achievable rewards bonus and a generous intro APR period on purchases and balance transfers. With no annual fee and many additional perks, it is easy to see why it’s such an enticing option for those with good to excellent credit.

Wells Fargo Active Cash® Card

Purchase and Balance Transfer APR
0% intro APR for 15 months from account opening on purchases and qualifying balance transfers, then a 18.74%, 23.74%, or 28.74% variable APR
Cash Rewards
2% Earn unlimited 2% cash rewards on purchases
Intro Bonus
Earn a $200 cash rewards bonus after spending $1,000 in purchases in the first 3 months
Recommended Credit Score
Excellent/Good
670 – 850*
Rates and Fees

Critics' Overview

If you are looking for a credit card that offers a great balance of cash rewards with a generous intro APR period, then the Wells Fargo Active Cash® Card should be at the top of your list. When it comes to rewards there are no categories or spending caps to worry about and there is also an easily achievable sign-up bonus. We dig into all the important details below. 

Card Details From Wells Fargo

  • Earn a $200 cash rewards bonus after spending $1,000 in purchases in the first 3 months
  • Earn unlimited 2% cash rewards on purchases
  • 0% intro APR for 15 months from account opening on purchases and qualifying balance transfers, then a 18.74%, 23.74%, or 28.74% variable APR; balance transfers made within 120 days qualify for the intro rate and fee of 3% then a BT fee of up to 5%, min: $5
  • $0 annual fee
  • No categories to track or remember and cash rewards don’t expire as long as your account remains open
  • Enjoy a premium collection of benefits at a selection of the world’s most intriguing and prestigious hotel properties with Visa Signature Concierge
  • Get up to $600 of cell phone protection against damage or theft when you pay your monthly cell phone bill with your eligible Wells Fargo card. (subject to a $25 deductible).
  • Select “Apply Now” to learn more about the product features, terms and conditions

Our Critical Analysis


  • No annual fee
  • Easily achievable bonus offer
  • Long intro APR period
  • Cell phone protection option

  • There is a foreign transaction fee so it’s not the best option for purchases outside of the U.S.

We really like that the Wells Fargo Active Cash® Card offers a straightforward way to earn cash rewards while also providing a very generous intro APR period on purchases and balance transfers. You’ll earn an unlimited 2% cash rewards on purchases which means there are no activation requirements for special categories or monthly caps to worry about. Earning 2% rewards on purchases is tough to beat and makes this no annual fee card a stand out option for anyone looking for a low maintenance cash rewards card that will allow you to accumulate cash rewards really quickly. There is also a sign-up bonus worth $200 in cash rewards that can be earned by spending at least $1,000 in the first three months after you are approved.

Those seeking a 0% intro APR will be happy to hear that the Wells Fargo Active Cash® Card allows you to pay 0% interest for 15 months from account opening on purchases and qualifying balance transfers. After the introductory rate the 18.74%, 23.74%, or 28.74% variable APR will apply. There is an introductory balance transfer fee (3% for 120 days from account opening, then up to 5%; min: $5) but if you are paying interest on your other card(s) the fee is likely much lower than the interest charges you are accruing each month.

Another unique perk offered is cell phone protection. Simply use your Wells Fargo Active Cash® Card to pay your cellular telephone bill and you can get up to $600 of protection on your cell phone (subject to $25 deductible) against covered damage or theft. This will help give you peace of mind that your cell phone is protected while saving you money by not needing to pay out of pocket for the protection through another provider.

If you have good to excellent credit and are looking for an easy to understand cash back credit card that pays an above-average rate of 2%, then the Wells Fargo Active Cash® Card is a fantastic choice for you.


Editorial Note: Any opinions, analyses, reviews or recommendations expressed are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.
*CardCritics references a FICO® 8 score, which is one of many different types of credit scores. A financial institution may use a different score when evaluating your application.