Bogdan Roberts, Credit Cards Moderator
@bogdan_roberts
No, Wells Fargo Platinum does not offer cash back rewards. Wells Fargo Platinum does not have any type of rewards. The card’s signature feature is an introductory APR of 0% for 18 months on purchases and 0% for 18 months on qualifying balance transfers. Balance transfers do incur a balance transfer fee of 3% intro for 120 days, then up to 5% (min $5), though. Wells Fargo Platinum card also has a $0 annual fee.
You could use Wells Fargo Platinum to get cash back through a cash advance. You can withdraw cash against your card’s credit line at either an ATM (with a PIN) or a Wells Fargo branch. But cash advances are expensive and should only be an option if you need emergency cash. There’s a hefty cash advance fee on the amount of each transaction, and interest accumulates at a higher APR than the regular rate. Credit card cash advances are always expensive, so it’s best to reserve them for emergency use only.
Ultimately, if you’re looking for a credit card that offers cash back rewards, you can check our editors’ latest picks for the best among them and weigh your options.
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