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.
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.
No, the Wells Fargo Platinum card does not offer rewards. But that does not mean it’s a bad card. It’s just not what this card was built for. Wells Fargo Platinum is all about 0% financing and its $0 annual fee. However, this card is no longer available to new applicants.
No rewards is actually common for a … read full answer0% credit card such as Wells Fargo Platinum, and a low rate will save you a lot more than rewards if you plan to carry a balance from month to month.
What you can get instead of Wells Fargo Platinum:
If you're looking for a credit card with rewards, that also offers 0% intro APRs, you're not out of options. For example, Chase Freedom Unlimited® offers 1.5 - 5% cash back, depending on the type of purchase. Plus, this card offers an into APR of 0% for 15 months for both purchases and balance transfers. The card's regular APR is 19.24% - 27.99% (V).
Ultimately, if you're mostly interested in earning rewards, you can check out our editors' latest picks for the best rewards credit cards on the market to weigh your options.
Having one of these credit cards may increase your chances of landing a Wells Fargo credit card in the future, if you use it responsibly. That means paying your bill on time every month and keeping your credit utilization below 30% of your credit limit.
Wells Fargo credit card approval odds are best for people who have good credit. Therefore, all Wells Fargo credit cards require a credit score of 700+.
Other Factors That Determine Your Approval Odds for a Wells Fargo Credit Card
Keep in mind that the higher an applicant’s credit score, the higher their approval odds are likely to be. But approval depends on many other factors as well. For example, applicants must have enough income to make payments on the card. Plus, a higher income also leads to better approval chances. Other factors that will play a role in approval include existing debts, monthly housing payments and more.… read full answer
Ultimately, you can check your Wells Fargo credit card approval odds before you apply by using their online pre-approval tool. Moreover, Wells Fargo also sends out pre-approved offers by mail. Keep in mind, however, that pre-approval does not mean guaranteed approval.
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