What to Consider Before Applying for the Wells Fargo Active Cash Card?

The Wells Fargo Active Cash Credit Card offers two key perks: 2% cashback across all categories and a $200 bonus reward!

The Wells Fargo card enjoys a strong reputation in the U.S. market, earning distinctions such as:

• Best 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 offers an unlimited 2% cashback on every purchase, redeemable through various options including gift cards and cash deposits.

No annual fee is required for the Active Cash Credit Card, and it features a 0% introductory APR for 15 months on qualifying purchases and balance transfers.

After the introductory offer, the variable APR can vary between 20.24%, 25.24%, to 29.99%, starting after 120 days for balance transfers.

This card is designed for everyday use, featuring the Visa Signature for exclusive concierge services and travel perks.

If you think the Active Cash card might suit your needs, stay tuned.

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 must be U.S. citizens or hold valid work visas. It’s essential to ensure all documents are current, regardless of applicant nationality. 

Moreover, applicants need to be at least 18 years old, though this minimum age can vary by state, often falling between 19 and 21.

Proof of income and a FICO score within the good to excellent range (starting around 670) are essential for credit approval.

Your annual income and credit score significantly affect not just the approval of your card application but also the monthly spending limits.

How to Apply for the Wells Fargo Active Cash Card?

To begin your credit card application, simply click the ‘Apply Now’ button, which will direct 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 Wells Fargo, you’ll need to enter your full name, Social Security number, date of birth, address, city, ZIP code, email, and phone number.

You must also select your country of birth and answer a security question.

Additionally, you need to state your housing situation (owning, renting, or something else) and your employment status (employed, self-employed, jobless, or retired), along with your total yearly income.

In addition to this information, you must consent to Wells Fargo’s verification processes.

Once you submit your details, the bank will review 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. Consequently, Wells Fargo’s enrollment system is quite effective, ensuring prompt responses to prospective customer inquiries.

The key takeaway is to provide accurate information to minimize corrections and save time.

Keep in mind, however, that fulfilling these requirements does not guarantee approval, as the final decision rests with Wells Fargo.

Additional Information

The Wells Fargo Active Cash card provides numerous additional perks, including cell phone protection up to $600 against theft or damage, with a $25 deductible for activation.

Wells Fargo provides emergency travel support, complete with zero liability coverage for unauthorized transactions reported promptly.

The My Wells Fargo Deals platform offers tailored deals and special discounts for cashback on various purchases or events.

The Credit Close-up service gives real-time updates on the cardholder’s FICO score, alongside 24/7 roadside assistance for towing.

Additionally, Wells Fargo provides a collision damage waiver for car rentals, protecting against theft or damage.

Interested in exploring another choice?

If you seek an alternative with favorable terms and cashback up to 5% across various categories, consider the U.S. Bank Cash+ Visa Signature Card.

This way, the criteria for cardholder selection are quite similar, and you can discover how to apply.