The Wells Fargo Reflect® Card has only been around since October 2021, but it’s already considered one of the best balance transfer cards on the market today. This is mainly due to the sheer length of its introductory APR offer, as well as the fact that the card comes with no annual fee.

Not only are the initial intro APR offers on this card fantastic, but the Wells Fargo Reflect Card lets cardholders earn several more months of interest-free payments. This makes the card both unique and intriguing to applicants who may have considerable debt to consolidate and pay down.

“Our new Reflect Card rewards cardholders for good financial habits, extending the introductory APR for up to three additional months when payments are made on time, a compelling differentiator we believe consumers deserve,” said Krista Phillips, head of branded cards and marketing for Wells Fargo Credit Cards, in a press release.

If you’re wondering how the Wells Fargo Reflect works and whether it’s worth it, read on to learn more about it and what to consider before you apply.

When is the Wells Fargo Reflect Card worth it?

The Wells Fargo Reflect Card does not charge an annual fee, yet it lets cardholders enjoy 18 months at a 0 percent intro APR—on purchases and qualifying balance transfers from account opening—right off the bat. However, cardholders can qualify for a total of up to 21 months with zero interest if they make on-time payments during the introductory period. Note that the introductory offer is followed by a variable APR of 16.74 percent to 28.74 percent either way.

Since it’s easy to get three more months with no interest with on-time payments during the intro period, this card boasts one of the best—if not the best—balance transfer offers on the market today. When you look at the best balance transfer cards from other issuers, you won’t find any offers that extend this rate to both purchases and balance transfers for such a long amount of time.

With this in mind, this card is absolutely worth it if you want to secure a 0 percent APR for as long as you possibly can. It’s also worth noting that the card comes with a 3 percent balance transfer fee (minimum $5) for balances transferred to Wells Fargo in the first 120 days, which is fairly standard. After that, the fee jumps to 5 percent (minimum $5).

As a bonus, the Wells Fargo Reflect Card also comes with cell phone insurance worth up to $600 (subject to a deductible of $25). By paying your cellphone bill with your Reflect card, the phones tied to your bill can be protected against eligible theft or damage for up to $600 per claim — minus a $25 out-of-pocket deductible. You’ll be able to file up to two claims per year for up to $1,200 in annual coverage.

When is the Wells Fargo Reflect Card not worth it?

First off, you should know that some cash back credit cards offer 0 percent APRs for a shorter timeline as well as rewards on everything you buy. The Wells Fargo Active Cash® Card is a good example since it offers a 0 percent intro APR on purchases and qualifying balance transfers from account opening for 15 months (followed by a variable APR of 18.74 percent, 23.74 percent, or 28.74 percent), with no annual fee required. Cardholders who choose this Wells Fargo credit card can also earn a $200 cash rewards bonus after spending $1,000 in purchases within the first three months, as well as 2 percent cash rewards on purchases.

Further, be aware that the Wells Fargo Reflect Card charges a 3 percent foreign transaction fee for purchases made outside of the United States. That makes this card a poor option for people who travel internationally (or plan to).

Should you get the Wells Fargo Reflect® Card?

If you are focused on finding the card with the longest intro APR offer you can, the Wells Fargo Reflect Card simply cannot be beaten. By making on-time payments on your card without exception, you can enjoy an interest-free card experience for up to 21 months.

If you want rewards or a credit card with no foreign transaction fees, on the other hand, you should look at other card options to see how they compare.

The bottom line

Before you decide to move forward with the Wells Fargo Reflect Card, you should read our Wells Fargo Reflect Card review and Wells Fargo Reflect benefits guide. These two resources can help you learn all the ins and outs of this balance transfer credit card, as well as the perks you can access once you’re approved.

In the meantime, it makes sense to look at other 0 percent APR credit cards on the market today. By comparing all your options and weighing each one’s pros and cons, you can settle on the card that best suits your needs.