Wells Fargo Rewards Program Guide

Key takeaways

  • The Wells Fargo Rewards program is an efficient approach for sure Wells Fargo cardholders to achieve further perks on prime of their different bank card rewards.
  • These factors could be redeemed for choices like assertion credit, money again deposits, reward playing cards, ATM withdrawals and journey bills — however they can’t be transferred to high-value journey companions like.
  • You’ll be able to join Wells Fargo Rewards if you happen to get the Wells Fargo Lively Money Card or Wells Fargo Autograph Card, or when you have one among Wells Fargo’s discontinued playing cards which can be already a part of this system.

Wells Fargo Rewards is a bank card loyalty program that allows you to earn factors on practically all purchases you make. You’ll be able to then redeem your rewards in quite a lot of ways in which embody money again, reward playing cards or journey.

Right here’s the place to be taught extra concerning the Wells Fargo Rewards program, together with earn and redeem factors, how a lot rewards are price and which bank cards earn rewards on this program.

Wells Fargo Rewards program fundamentals

With this loyalty program, you’ll be able to earn rewards on practically all purchases that you simply make with an eligible Wells Fargo bank card. Wells Fargo presently presents solely two bank cards which can be a part of this program: the Wells Fargo Lively Money® Card and the Wells Fargo Autograph℠ Card. Nevertheless, whereas these playing cards are the one new ones in this system, there are discontinued playing cards that may’t have any new candidates however can nonetheless earn factors or money again towards this system.

Who’s Wells Fargo Rewards finest for?

The Wells Fargo Rewards program is price contemplating if you happen to’re searching for a extra simple rewards program that permits you to earn rewards on all eligible purchases with out worrying about sophisticated redemption strategies or factors transfers.

Plus, this program is likely one of the few rewards applications that allows you to pool your factors with different members. When you favor to share factors along with your associate, member of the family or associates, this may be a very good program to contemplate.

Find out how to be part of Wells Fargo Rewards

To affix the Wells Fargo Rewards program, you’ll want to enroll in a bank card that earns rewards on this program. When you apply for a card and also you’re authorised, you’ll be routinely enrolled in Wells Fargo Rewards. You’ll be able to then start incomes factors or money again in your bank card.

Find out how to entry Wells Fargo Rewards

To entry your rewards, merely log in to your Wells Fargo account on-line or by way of the Wells Fargo app and go to Account Abstract. You may also go to the Wells Fargo Rewards web site and log in from there. When you’re logged in, you’ll be capable to view your rewards stability and redeem them in a variety of methods.

Find out how to earn Wells Fargo Rewards

Use an eligible Wells Fargo bank card

To earn factors within the Wells Fargo Rewards program, merely make purchases with an eligible Wells Fargo bank card. Any rewards you earn shall be routinely added to your account.

Attain promotions or welcome presents

One other approach to earn Wells Fargo Rewards is thru limited-time promotions or welcome presents for brand spanking new cardholders. For instance, the Wells Fargo Lively Money permits new cardholders to earn a $200 money rewards bonus after spending $500 inside the first three months of account opening. The Wells Fargo Autograph Card additionally has a welcome provide, giving new cardholders 20,000 factors after they spend $1,000 within the first three months from account opening.

Make purchases by way of Earn Extra Mall

Wells Fargo’s Earn Extra Mall function permits you to earn bonus factors on qualifying purchases whenever you store in-store and on-line with choose retailers. Any factors you earn by way of this on-line portal are provided on prime of the rewards you already earn along with your bank card. Notice that you might have to activate a suggestion earlier than making a purchase order to earn the provide. Additionally, presents are limited-time solely, that means they’ll expire.

Find out how to redeem Wells Fargo Rewards

Along with redeeming your rewards on-line or by way of the app, you too can redeem your rewards by cellphone. Merely name Wells Fargo Rewards Buyer Service at 1-877-517-1358 and comply with the prompts to redeem your rewards.

With regards to redeeming Wells Fargo Rewards, you’ll have many various choices to select from. You’ll be able to redeem for:

  • Credit to your Wells Fargo checking account, bank card or eligible mortgage
  • Deposits or checks
  • Money from a Wells Fargo ATM (minimal redemption of two,000 factors, or $20)
  • Merchandise at taking part retailers
  • Journey, together with airfare, automobile leases, resort stays, cruises and trip packages
  • Reward playing cards
  • Charitable donations
  • Transfers to a different Wells Fargo card you maintain
  • Items to different Wells Fargo Rewards members
  • Pooling your rewards with different Rewards members

When redeeming your rewards for money redemptions, observe that you will need to have no less than 2,500 factors (price $25) earlier than you’ll be able to redeem.

How a lot are Wells Fargo Rewards price?

Wells Fargo Rewards factors are price roughly 1.0 cents every. Nevertheless, the worth you get on your rewards can fluctuate extensively relying on the redemption technique.

How does Wells Fargo Rewards evaluate to different issuer applications?

Right here’s how Wells Fargo Rewards factors evaluate to factors provided by different main bank card rewards applications, primarily based on Bankrate’s newest bank card level and mile valuations.

Wells Fargo Rewards 1.0 cents
American Specific Membership Rewards 2.0 cents
Capital One Rewards 1.7 cents
Chase Final Rewards 2.0 cents
Citi ThankYou Factors 1.6 cents

Wells Fargo Rewards switch companions

Not like different widespread bank card rewards applications — equivalent to American Specific Membership Rewards or Chase Final Rewards — the Wells Fargo Rewards program doesn’t permit members to switch rewards to resort or airline companions. This limits the worth you may get from this system’s factors.

Prime bank cards that earn Wells Fargo Rewards

At the moment, Wells Fargo solely presents two bank card for brand spanking new cardholders that earns Wells Fargo Rewards:

Wells Fargo Lively Money Card

The Wells Fargo Lively Money Card is likely one of the finest flat-rate rewards playing cards presently out there — it gives 2 p.c money rewards on purchases. If you wish to earn rewards in your purchases — however you don’t need to preserve monitor of bonus classes, rotating classes or spending limits — this can be a nice card to contemplate.

The Wells Fargo Lively Money comes with no annual charge and a $200 money rewards bonus after spending $500 inside the first three months of account opening. Plus, if you happen to’re trying to switch a stability or repay a big buy over time, this card features a 0 p.c introductory APR on purchases and qualifying stability transfers from account opening for 15 months (adopted by a variable APR of 19.99 p.c, 24.99 p.c, or 29.99 p.c).

Wells Fargo Autograph Card

The Wells Fargo Autograph Card is a no-annual-fee card with a strong rewards price, notably on widespread spending classes. Cardholders can earn:

  • 3X factors at eating places
  • 3X factors at fuel stations and electrical automobile charging stations
  • 3X factors on journey and transit
  • 3X choose streaming companies and cellphone plans
  • 1X factors on all different purchases

You may also earn 20,000 bonus factors if you happen to spend $1,000 within the first three months from account opening. Just like the Lively Money Card, the Autograph Card additionally comes with a 0 p.c introductory APR provide for purchases. The Autograph Card’s provide is just for the primary 12 months, nonetheless, after which goes as much as 20.24 p.c, 25.24 p.c or 29.99 p.c variable APR.

Discontinued playing cards that earn Wells Fargo Rewards

Wells Fargo has a variety of discontinued playing cards that also earn rewards on this program. A few of these playing cards embody:

  • Wells Fargo Rewards® Card
  • Wells Fargo Visa Signature® Card
  • Wells Fargo Money Smart Visa® card
  • Wells Fargo Propel American Specific® card

FAQs about Wells Fargo Rewards

The underside line

The Wells Fargo Rewards program is a no-fuss rewards program that permits you to earn and redeem rewards in a simple method. Factors could be redeemed in a variety of methods, together with for reward playing cards, journey, merchandise and extra.

Nevertheless, remember the fact that solely the Wells Fargo Lively Money Card and Wells Fargo Autograph Card earn Wells Fargo Rewards. When you’re searching for a rewards program with extra eligible playing cards, or a extra versatile rewards program that gives extra worth on your factors and extra redemption choices — like factors transfers to airways and resorts — it’s best to think about prime rewards bank cards in different rewards applications earlier than you apply.

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