Wells Fargo Cash Wise Visa® Card

Robin Saks Frankel  in  Cash Back Advertising Disclosure
Wells Fargo Image

Recommended Credit Score

Good to Excellent (670 - 850)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Apply Now On Wells Fargo's secure website

Best for additional cash back rewards on mobile wallet purchases

Annual Fee:
Purchase Intro APR:
0% for 12 months
Balance Transfer Intro APR:
0% for 12 months
Regular APR:
16.24%-28.24% (Variable)
Terms and Restrictions Apply
Bankrate Score: 90 out of 100

Commonly used for: 0% APR, Balance Transfer, Cash Back, Good Credit, No Annual Fee, Rewards, Sign-up Bonus.

If you’re already doing some banking with Wells Fargo, the Cash Wise Visa Card could be a nice addition to your wallet. We love the seamless transfer of rewards to your account, via ATM or to pay your mortgage.

This no-annual-fee credit card offers a fairly standard 1.5% cash back on virtually every purchase — excluding things like pre-paid gift cards and casino gaming chips — but it lacks some of the extra earning potential we see in other cards in this category. However, it has a $200 cash back sign-up bonus with a relatively low minimum spending requirement of $1,000, which is a pretty great offer compared to other 1.5% cash back cards.


Wells Fargo recently bumped up the sign-up bonus value, which makes this card slightly more attractive and should push it into the definite-maybe category for consumers shopping for a credit card. You’ll earn $200 (up from $150) when you spend $1,000 within the first three months after account opening.

The card also comes with a nice perk for the first year: You’ll earn 1.8% cash back on all Android Pay or Apple Pay mobile wallet purchases. You’re not charged any fee to use a mobile wallet, so this could serve as a slight boost in rewards — assuming you’re comfortable using your phone to pay at the register and the merchants you do business with accept mobile payments.

For users interested in a no-fuss rewards program, the Wells Fargo Cash Wise Visa is ideal. But if you’re looking for a card that offers increased rewards in certain categories, you’ll do best to look elsewhere.

Who should get this card

Wells Fargo makes redemption a snap for bank customers, so this card is good for consumers who already have a relationship with the bank. Wells Fargo Cash Wise also is a good fit for someone looking to earn a flat rate on all purchases rather than chasing higher rewards in different categories.

This card also serves as a decent balance transfer credit card, offering a low introductory APR on purchases and balance transfers. This should not be the main reason why you apply for this card, as there are better competing offers.

  • Earn unlimited 1.5% cash-back rewards, which don’t expire as long as the account is open.
  • Earn a 20% mobile wallet transaction bonus for a total of 1.8% cash rewards during the first 12 months the account is opened. Only valid for Apple Pay and Android Pay mobile wallets.
  • If you pay your monthly cell phone bill with your Wells Fargo card, you can get up to $600 in protection against damage or theft (minus a $25 deductible).
  • Enjoy an introductory 0% APR offer on purchases and balance transfers for 12 months, then 16.24%-28.24% variable APR.
  • On the higher end, the APR is pretty pricey. It's best to stay away from this card if you have damaged credit or plan to carry a balance.
  • You can only redeem your rewards in $20 increments by ATM or $25 by phone.
  • Although it has a 12 month 0% APR intro balance transfer offer, there’s still a fee to transfer – and it's higher than many other cards charge.
  • You'll pay a 3% foreign transaction fee for all purchases made outside the U.S.

Fees and APR

  • This card charges no annual fee.
  • You’ll pay a 3% foreign transaction fee on all purchases made outside of the United States.
  • The intro balance transfer fee is 3% for 120 days; then 5%.
  • Wells Fargo Cash Wise Visa comes with a 0% Intro APR for 12 months on balance transfers and purchases, then 16.24%-28.24% variable APR; balance transfers made within 120 days qualify for the intro rates and fees

Extras, perks and using rewards

You can have the rewards directly deposited into your Wells Fargo checking or savings account. Wells Fargo is the only issuer that we know of that will also let you withdraw your cash rewards at the ATM. Another unique option is to apply your rewards to the principal balance of your Wells Fargo mortgage.

You can also pool your rewards with another Wells Fargo cardholder for greater value, spend your rewards at Wells Fargo’s online shopping portal or donate your cash back earnings to a charity.

If you pay your monthly cell phone bill with your Wells Fargo card, you can get up to $600 in protection against damage or theft (minus a $25 deductible).

Wells Fargo may consider cardholders for a Visa Signature card. If you qualify, the Visa Signature version of this card includes benefits like car rental and luggage insurance and hotel perks at Visa Signature luxury properties.

If you’re looking to learn more on the rewards structure offered with the Cash Wise Visa Card, visit our Wells Fargo Go Far Rewards guide.

How this card compares

Chase Freedom Unlimited®
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 17.24-25.99%. Balance transfer fee is 3% of the amount transferred, $5 minimum
  • Unlimited 1.5% cash back on every purchase - it's automatic
  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • No minimum to redeem for cash back
  • Cash Back rewards do not expire as long as your account is open
  • Free credit score, updated weekly with Credit Journey℠
  • No annual fee
Apply Now On Chase's secure website
Credit Needed


Regular APR

17.24% - 25.99% Variable

Annual Fee


Purchase Intro APR

0% Intro APR on Purchases for 15 months

Balance Transfers Intro APR

0% Intro APR on Balance Transfers for 15 months

Chase Freedom Unlimited is a solid, straightforward cash-back rewards card that’s ideal for cardholders who just don’t have the time or energy to track spending categories. It ranks among the very best cash-back credit cards we track.

There are other cards that offer better rewards, but the Chase Freedom Unlimited’s 1.5% cash-back on everything is an excellent reward coming from a no-annual-fee credit card.

Citi® Double Cash Card
  • Earn 2% cash back on purchases: 1% when you buy plus 1% as you pay
  • Balance Transfers do not earn cash back
  • 0% Intro APR on Balance Transfers for 18 months. After that, the variable APR will be 15.74% - 25.74% based on your creditworthiness*
  • Click 'Apply Now' to see the applicable balance transfer fee and how making a balance transfer impacts interest on purchases
  • No categories to track, no caps on cash back, no annual fee*
Apply Now On Citi's secure website
Credit Needed

Excellent, Good

Regular APR

15.74% - 25.74%* (Variable)

Annual Fee


Purchase Intro APR


Balance Transfers Intro APR

0% 18 months on Balance Transfers*

When it comes to rewards value, the Citi Double Cash Card ranks among the very best cash-back credit cards that charge no annual fee.

The card earns an unlimited 1% cash back when you make a purchase and another 1% back when you pay for those purchases. Big spenders may find this nets more cash-back overall as there’s no ceiling on what you can earn back.

Discover it® Cash Back
  • Intro Offer: Discover will match all the cash back you've earned at the end of your first year, automatically. There's no signing up. And no limit to how much is matched.
  • Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com and more up to the quarterly maximum, each time you activate.
  • Plus, earn unlimited 1% cash back on all other purchases – automatically.
  • Redeem cash back any amount, any time. Rewards never expire.
  • Use your rewards at Amazon.com checkout.
  • Receive Free Social Security number alerts—Discover will monitor thousands of risky websites when you sign up.
  • No annual fee.
Apply Now On Discover's secure website
Credit Needed


Regular APR

14.24% - 25.24% Variable

Annual Fee


Purchase Intro APR

0% for 14 months

Balance Transfers Intro APR

0% for 14 months

Discover it® Cash Back cardholders can earn 5% cash back on up to $1,500 in purchases made in accordance with Discover’s 2018 Cashback Calendar after enrollment. Enroll every quarter to earn 5% cash back on up to $1,500 in purchases made in various categories throughout the year.

You won’t earn one of those huge sign-up bonuses other cards offer, but if you’re looking for a no-frills cash-back card, the Discover it® Cash Back does come with one intriguing feature: Discover will pay a dollar-for-dollar match of all the cash back you’ve earned at the end of your first year.