The Ultimate 2% Cash Rewards Card You Need to Know About

The card features a 0% introductory APR for 12 months on purchases and qualifying balance transfers, giving cardholders a full year to pay down balances without accruing interest.

After the introductory period, a variable APR will apply based on your creditworthiness, so this feature is particularly valuable for consumers who have a plan to eliminate their debt during the interest-free window.

Welcome Bonus

New cardholders can also benefit from the card’s welcome offer, making the initial months of card ownership even more rewarding. This bonus adds extra value on top of the ongoing 2% cash rewards rate, enhancing the card’s first-year value proposition.

Flexible Redemption Options

The Wells Fargo Active Cash Card doesn’t just excel in earning rewards – it also offers impressive flexibility in how you can use them. Cardholders can redeem their cash rewards in several ways:

• As statement credits to offset card charges
• As direct deposits into a Wells Fargo checking account
• To pay down principal on eligible Wells Fargo mortgages or loans
• For gift cards to popular retailers
• Through PayPal at checkout with participating merchants
• For travel bookings through the Wells Fargo travel portal

This versatility ensures that your rewards can be used in whatever way provides the most value for your personal financial situation. However, it’s worth noting that unlike some premium travel cards, the Active Cash Card doesn’t allow transfers to airline or hotel partners, which could be a limitation for dedicated travel enthusiasts.

Impressive Built-in Protections

The Wells Fargo Active Cash Card comes packed with protections that rival those offered by many premium cards with annual fees. These include:

Cell Phone Protection

Perhaps one of the most valuable benefits is the cell phone protection plan. When you pay your monthly cell phone bill with your Active Cash Card, you’ll receive up to $600 in coverage if your phone is damaged or stolen, subject to a $25 deductible. In an age of increasingly expensive smartphones, this coverage alone can provide significant peace of mind and potential savings.

Rental Car Coverage

The card also offers an Auto Rental Collision Damage Waiver, which provides coverage for damage or theft when you use the card to pay for your rental. This can save you money on the expensive insurance options typically offered at rental counters.

Travel and Emergency Services

Cardholders gain access to Travel and Emergency Assistance Services, which can prove invaluable during travel emergencies. These services include emergency card replacement, cash disbursement, and various forms of travel and medical assistance.

Roadside Help When You Need It

The Roadside Dispatch® service offers 24/7 towing and roadside assistance without requiring an additional membership. This can be a lifesaver during roadside emergencies, providing help when you need it most.

“The true value of the Active Cash Card extends far beyond its 2% cash rewards—the built-in protections could potentially save you thousands in unexpected costs from damaged phones, rental car incidents, or travel emergencies.”

Security Features

In today’s digital world, card security is paramount. The Wells Fargo Active Cash Card includes Zero Liability Protection, ensuring that cardholders are not responsible for unauthorized transactions if reported promptly.

Additional Perks Worth Mentioning

Merchant Deals

Through “My Wells Fargo Deals,” cardholders receive targeted cash back offers when shopping, dining, or enjoying experiences using the card.

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