Yes, the Wells Fargo Active Cash® Card is a credit card. The Wells Fargo Active Cash Card has an annual fee of $0, works wherever Visa is accepted, reports to the credit bureaus, and allows you to pay off purchases over time. There are quite a few important things to know about the card before you apply, though.
Key Facts About the Wells Fargo Active Cash Card
Issuer: Wells Fargo
Network: Visa
Credit requirement: Good credit
Annual fee: $0
APR: 19.99% - 29.99% Variable
Foreign transaction fee: 3%
Rewards: 2% cash rewards
To sum things up, Wells Fargo Active Cash Card is a credit card, but it may or may not be the best credit card for you depending on your needs, qualifications and spending habits. You can learn more about this card from WalletHub’s full review.
Wells Fargo Active Cash® Card is a Visa, not a Mastercard. You can use your Wells Fargo Active Cash Card at nearly 11 million merchants that accept Visa nationwide, and you can use it abroad in more than 200 countries and territories.
There are a few differences between Visa and Mastercard credit cards, such as the network-level benefits they offer, but those differences are relatively small. The two card networks have a lot in common, including extensive worldwide acceptance. As a result, it’s...
Yes, it is hard to get the Wells Fargo Active Cash® Card because it requires at least good credit for approval. Unless your credit score is 700 or higher and you have a lot of income, it will be difficult for you to get approved for the Wells Fargo Active Cash.
In order to get the Wells Fargo Active Cash, you will have to meet the credit score requirement, have a steady income and be at least 18 years old. You’ll also need to...
Four major types of credit cards are Visa, Mastercard, American Express and Discover. These are the major credit card networks, which most credit cards belong to, and they dictate where cards can be used as well as what secondary benefits cards offer. Fundamentally, the credit cards on these networks work the same way, however.
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