Is the Wells Fargo Reflect Card a good first time credit card?

The Wells Fargo Reflect Card minimum payment is $25 or 1% of the statement balance, plus fees, past-due amounts, and interest – whichever is higher. If the statement balance is less than $25, the Wells Fargo Reflect Card minimum payment will be equal to the balance. In addition, if you recently missed a payment or exceeded your credit limit, Wells Fargo may add a late fee or the overlimit amount to your minimum payment.... read full answer

The minimum payment is the smallest amount you’re obligated to pay by the due date for your Wells Fargo Reflect Card account to be in good standing. Failure to pay by the due date may result in a late fee. Your credit score will also take a hit if you miss multiple minimum payments.

Wells Fargo credit card requirements include having a credit score of 700+ (for most cards) and providing standard personal information such as your name, address, and date of birth. A Social Security Number (SSN) or an Individual Tax Identification Number (ITIN) is also required, and all applicants must be 18+ years old.... read full answer

Wells Fargo Credit Card Requirements

• A credit score of 700+ (good credit) for most cards
• Physical U.S. address (no P.O. boxes)
• 18+ years old
• Social Security Number (SSN) or an Individual Tax Identification Number (ITIN)
• Other factors such as your income, debts, housing payments, and your general ability to afford credit card payments will also be taken into consideration when evaluating an application.

Wells Fargo also issues a number of retail store cards that generally have more lenient approval requirements. So, applicants with fair credit or better (a score of 640) can get approved.

If you want the best Wells Fargo credit card approval odds, make sure to pay your bills on time and try to keep your credit utilization around 30%. And keep in mind that an application will trigger a hard inquiry which may temporarily cause a dip in your credit score. So, make sure you know where you stand before applying. You can check your credit score for free, right here on WalletHub.

The Wells Fargo Reflect® Card credit score requirement is 700 or better. That means people with good credit or better have a shot at getting approved for the Wells Fargo Reflect Card.

You should note that while your credit score is an important factor, there are plenty of other things that will impact your chances of being approved for the Wells Fargo Reflect Card, too. Some other key criteria include your income, existing debt load, number of open accounts, recent credit inquiries, employment status and housing status.... read full answer

If you excel in other areas, you might be able to get approved with a slightly lower credit score in some cases. But it’s best to wait to apply until you meet the Wells Fargo Reflect credit score requirement. You can check your credit score for free on WalletHub.