Chip Lupo, Credit Card Writer
@CLoop
Yes, Wells Fargo does a hard inquiry on your credit report whenever you apply for one of its credit cards. A hard inquiry usually results in a slight decrease in an applicant's credit score, but the effect only lasts for a short period of time. The hard inquiry allows Wells Fargo to determine your credit risk and ultimately decide whether you’ll be approved for an account.
Wells Fargo credit cards require at least fair to excellent credit to be approved. You can check to see if you pre-qualify for a Wells Fargo credit card online. Checking if you’re pre-qualified does not affect your credit score, as it only involves a soft pull. Pre-qualification does not guarantee you’ll be approved for a a Wells Fargo credit card, either. It only indicates that your odds of approval are high.
Popular Wells Fargo Credit Cards
-
Cash Rewards
-
0% Intro APR
-
Travel Rewards
-
Hotel Rewards
People also ask
Does Wells Fargo do a hard pull for a credit limit increase?
Wells Fargo does not do a hard pull for a credit limit increase in most cases. Wells Fargo will more than likely use a soft pull to evaluate a cardholder for a credit limit increase, whether the cardholder requests the increase or Wells Fargo offers it automatically. But in some instances, Wells Fargo will do a hard pull. In that case, Wells Fargo will request your permission to conduct a hard pull of your credit report. You...
read full answer by Chip Lupo, Credit Card WriterWhat is the easiest Wells Fargo credit card to get?
One of the easiest Wells Fargo credit cards to get is the Dillard's Store Card because you only need fair credit (a credit score of 640+) to be approved. Most Wells Fargo credit cards aren’t that easy to obtain since they require good or excellent credit (a credit score of 700+) for approval.
If you don't meet the requirements for a Wells Fargo credit card yet, there are several other credit cards that are easier to get approved for.
Easiest Credit Cards...
read full answer by Chip Lupo, Credit Card WriterWhat credit bureau does Wells Fargo use for credit card approval?
Wells Fargo may use Experian, Equifax, or TransUnion credit reports when you apply for a credit card, according to anecdotal evidence. So, if any of your credit reports are frozen, you should unfreeze them before applying for a Wells Fargo credit card.
Key Things to Know
- When you apply, Wells Fargo will perform a hard inquiry on your credit report, which might temporarily damage your credit score by a few points.
- If...
Did we answer your question?
Important Disclosures
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers. For full transparency, here is a list of our current advertisers.
Advertising impacts how and where offers appear on this site (including, for example, the order in which they appear and their prevalence). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
Advertising enables WalletHub to provide you proprietary tools, services, and content at no charge. Advertising does not impact WalletHub's editorial content including our best picks, reviews, ratings and opinions. Those are completely independent and not provided, commissioned, or endorsed by any company, as our editors follow a strict editorial policy.