Cameron DiGiovanni, Writer
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Yes, Wells Fargo does charge a balance transfer fee on some of its credit cards. The Wells Fargo balance transfer fee can be as high as 5%, though the fee may not be the same for all Wells Fargo credit cards. The lowest balance transfer fee with Wells Fargo is 3% (min $5).
Balance Transfer Fees on Popular Wells Fargo Credit Cards
- Wells Fargo Active Cash® Card: 3% intro for 120 days, then up to 5% (min $5)
- Wells Fargo Reflect® Card: 3% intro for 120 days, then up to 5% (min $5)
There are currently very few offers for credit cards with no balance transfer fee available from any issuer. There are, however, many credit cards that offer 0% APR balance transfer intro periods, which could help you save a lot of money. You can check out WalletHub’s Balance Transfer Calculator to see just how much you could save.
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