Wells Fargo Active Cash vs.
Chase Freedom Unlimited

The biggest disadvantage of the Wells Fargo Active Cash® Card is that it has a high APR, at 18.99%, 23.99%, or 28.99% Variable. As a result, carrying a balance on the Wells Fargo Active Cash® Card is very expensive, but you can avoid this drawback if you pay your bill in full every month. That way, you won't owe any interest.

Wells Fargo Active Cash Disadvantages

• High APR: The Wells Fargo Active Cash has a relatively high regular APR, at 18.99%, 23.99%, or 28.99% Variable.
• Balance transfer fee: The balance transfer fee is 3% intro for 120 days, then up to 5% (min $5).
• Foreign transaction fee: You will be charged a fee of 3% when using your card abroad.
• Requires high credit scores: The Wells Fargo Active Cash requires good credit for approval.

In addition, there are plenty of other disadvantages applicable to all or most credit cards. Some examples are the hard credit pull that usually happens when you apply, interest charged on balances that are carried from month to month, and the potential to overspend.

The biggest disadvantage of the Chase Freedom Unlimited® is that it is available to people with at least good credit, which means the average person may struggle to qualify. There are a few other disadvantages of the Chase Freedom Unlimited to be aware of, too.

Chase Freedom Unlimited Disadvantages

• Requires high credit scores: The Chase Freedom Unlimited requires at least good credit for approval.
• High APR: The Chase Freedom Unlimited has a relatively high regular APR, at 18.99% - 28.49% (V).
• Balance transfer...

The Chase Freedom Unlimited® foreign transaction fee is 3% of each transaction in U.S. dollars. This means Chase will add a 3% of each transaction in U.S. dollars surcharge anytime you use the Chase Freedom Unlimited® outside of the United States. The fee also applies to online purchases made through an internationally-based merchant.

To learn more, refer to our guide on foreign transaction fees and our editors' picks for the best credit cards without foreign fees.

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

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 Chase Freedom Unlimited Card, too. Some other key criteria include your income, existing debt load, recent credit inquiries, number of open accounts,...