What are the benefits of Wells Fargo credit cards?

The best Wells Fargo Platinum card benefits include rental car insurance, travel accident insurance, and cell phone protection. Plus, this card also comes with a $0 annual fee.

Here are the best Wells Fargo Platinum credit card benefits:

• Cell phone coverage. It covers theft and damage to your cell phone up to $600 per claim, with a maximum of two claims per 12-month period. You must pay your phone bill with the Wells Fargo Platinum card card to be eligible. Lost phones without any evidence of a wrongful act are not covered.… read full answer
• Travel and emergency assistance. When traveling away from home, you may call your Benefit Administrator at (800) 992-6029 to be connected to the appropriate local emergency and assistance resources available. The Benefit Administrator line is open for assistance 24/7, 365 days a year. If you are outside the United States, call collect at (804) 673-1675.
• Auto Rental Collision Damage Waiver. It covers damages caused by theft and collision, up to either $50,000 or the actual cash value of an eligible rental vehicle, whichever is less. You must pay for the entire rental with the Wells Fargo Platinum card card and decline the rental company’s insurance to be eligible.
• Travel accident insurance. This benefit covers you and your family members up to $150,000 for severe injury or death while in transit with a licensed travel provider. The entire cost of your passenger fare(s) must be charged to your card.
• Roadside dispatch. This benefit provides 24/7 emergency services such as towing (up to 5 miles included), changing flat tires, jump starting, lockout service, or fuel delivery (up to 5 gallons, plus the cost of fuel). A standard service call fee of $69.95 will be applied to every call. The customer is liable for towing distances of more than 5 miles.

If you’re in the market for a Wells Fargo credit card and prefer rewards, consider the Wells Fargo Active Cash® Card for daily spending cash back. It offers $200 cash rewards after spending $1,000 in the first 3 months. Plus, you can earn 2% cash rewards on all purchases.

Wells Fargo credit card travel insurance is a benefit that pays a maximum amount between $150,000 to $1,000,000, depending on the card, for any covered loss related to an accident involving a licensed Common Carrier. It includes any motorized vehicle or mode of transportation that transports passengers for hire.

Here’s what you need to know about Wells Fargo credit card travel insurance:… read full answer

• How to get it: You must purchase the passenger fare with your Wells Fargo consumer credit card while the insurance is effective to be eligible. The benefit is effective the date you become a Wells Fargo credit cardholder.
• Who is covered: The Wells Fargo travel insurance covers the cardholder, spouse, and dependent children. Any covered Loss must occur within one year after the accident in order to receive payment.
• What is covered: accidental loss of life, speech, hearing, sight, and appendages, and more. Benefit payment ranges from 25% to 100%, depending on the severity of the loss.
• What is not covered: emotional trauma, mental or physical illness, and illegal acts. Also not included are driving while intoxicated, being under the influence of narcotics, motorized vehicle racing, suicide or attempted suicides, and other incidents. Refer to your Guide to Benefits for the complete list of covered and non-covered incidents.
• How to claim: To file a claim, contact the Claim Administrator at (866) 804-4770 within 20 days of any covered loss and request a claim form. Claims documents may also be submitted online or faxed to (855) 830-3728. Complete all items on the required claim form, attach all appropriate documents, and mail them to:
  Broadspire, a Crawford company,
  P.O. Box 459084,
  Sunrise, FL 33345
  Reference policy # 9906-98-50.

You or your beneficiary should receive payment within 30 days after complete proof of loss is received, and all other terms of the policy have been completed.

While not traditionally thought of as travel insurance, Wells Fargo credit cards also offer car rental insurance as an additional travel perk. Some cards also provide trip cancellation protection and lost luggage reimbursement. There are several other issuers who offer extensive travel insurance benefits on some of their credit cards, so make sure to also check out the best credit cards with travel insurance on the market.

The credit card that has the most benefits is Chase Sapphire Reserve® because it offers travel perks such as a $300 annual travel credit, complimentary airport lounge access, up to $1 million in travel insurance, and more. These benefits do come at a cost, as Chase Sapphire Reserve carries a $550 annual fee. Chase Sapphire Reserve’s high price tag is well worth it if you’re a frequent traveler who will spend enough each year for the card to pay for itself with rewards and benefits.… read full answer

Best Credit Cards with the Most Benefits

Before you apply for a credit card with a ton of benefits, make sure it has at least a few perks you know you’ll use regularly. Otherwise, the card may offer you little value, especially if you must pay an annual fee. Be sure to explore your options in-depth and compare credit card benefits to eliminate much of the guesswork before you submit an application.