Yes, you should get Wells Fargo's new credit card, the Wells Fargo Reflect, if you have at least good credit and you're looking for a financing option. The card has a $0 annual fee and offers an intro APR of 0% for up to 21 months from account opening on purchases and qualifying balance transfers.

Aside from its intro APR, the Wells Fargo Reflect packs plenty of other benefits like cell phone protection, roadside dispatch, zero liability protection and more.

Here are some details on the Wells Fargo's new credit card:

• Card name: Wells Fargo Reflect.
• Credit required: Good credit.
• Annual fee: $0.
• Introductory APR: 0% for up to 21 months from account opening on purchases and 0% for up to 21 months from account opening on qualifying balance transfers.
• Regular APR: 14.49% - 26.49% Variable.
• Balance transfer fee: 3% intro for 120 days, then up to 5% (min $5).
• Benefits: Roadside dispatch, cell phone protection, emergency cash disbursement & card replacement, and zero liability protection.
• Foreign transaction fee: 3%.

Wells Fargo's new credit card, the Wells Fargo Reflect card, is a great financing option as it features an intro APR period way above average (12 months). But its lack of rewards and travel benefits puts it at a disadvantage when compared to some of the best 0% APR credit cards.

The Wells Fargo Reflect℠ Card does not offer an authorized user bonus, currently. Some credit cards give a bonus for adding an authorized user, though this is a relatively rare feature and the Wells Fargo Reflect is not among the cards offering it.

Adding an authorized user to your Wells Fargo Reflect Card still has benefits, though. Most importantly, the authorized user is able to build credit.

The Wells Fargo Reflect℠ Card credit score requirement is 700 or better. That means people with good credit or better have a shot at getting approved for the Wells Fargo Reflect Card.

You should 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 Wells Fargo Reflect Card, too. Some other key criteria include your income, existing debt load, number of open accounts, recent credit inquiries, employment status and housing status.

If you excel in other areas, you might be able to get approved with a slightly lower credit score in some cases. But it's best to wait to apply until you meet the Wells Fargo Reflect credit score requirement. You can check your credit score for free on WalletHub.

The best Wells Fargo Active Cash® Card promotion is a $200 initial bonus. To get this Wells Fargo Active Cash promotion, cardholders must make $1,000 in purchases within 3 months of opening an account. There are a few other notable Wells Fargo Active Cash promotions to take advantage of as well.

Wells Fargo Active Cash Promotions for July 2022

• A $200 initial bonus
• An introductory APR of 0% for 15 months from account opening on purchases (16.49% - 26.49% Variable regular APR after that)
• An introductory APR of 0% for 15 months from account opening on qualifying balance transfers

Credit card promotions change often, so if you see something you're particularly interested in, you should consider applying for the Wells Fargo Active Cash to take advantage of the offer while it's available. Another factor in your decision to apply should also be whether this card will continue to be worthwhile even after its limited-time promotions end.

You can make a Wells Fargo Reflect℠ Card payment online, by phone, through the Wells Fargo mobile app, by mail or at a branch. To pay a Wells Fargo Reflect bill online, log in to your online account and click on “Pay Bills.” Then, choose how much to pay, when to pay it, and where the payment is coming from. Wells Fargo does allow cardholders to set up automatic payments, too.

Ways to Make a Wells Fargo Reflect Payment

• By phone: Call 1-800-869-3557 and enter your card information when prompted.
• Online: Log in to your online account and click on “Pay Bills.”
• Through the mobile app: Log in to your account and select your card, then tap “Pay Bills.”

• By mail: Send a check or money order (but not cash) to

  Wells Fargo Card Services

  P.O. Box 51193

  Los Angeles,

  CA 90051-5493.

  Make sure to send it early enough that it will arrive by the due date. Write your credit card number on the check, too.

• At a branch: You can make a payment at any Wells Fargo branch during normal business hours.

Yes, the Wells Fargo Reflect Card has a grace period of at least 25 days, lasting from the end of each billing cycle until the payment due date. If cardholders pay their Wells Fargo Reflect statement balance in full every month, Wells Fargo will not charge any interest.

Keep in mind that you are not required to pay the entire balance by the due date. But if you decide to pay less than the full amount due, you will lose the grace period. The remaining Wells Fargo Reflect balance and any new purchases will then start to accrue interest that compounds daily. To get a credit card grace period back, you will need to pay the statement balance in full for two consecutive months.

It's also important to note that grace periods do not apply to cash advances or balance transfers.

To do a balance transfer with the Wells Fargo Reflect℠ Card, new applicants can just complete the balance transfer portion of the Wells Fargo Reflect application. Existing cardholders can request a balance transfer online or by calling customer service at (800) 642-4720.

Wells Fargo Reflect balance transfers usually take 10 business days to process. In the meantime, continue to make payments on your original debt to avoid any late fees and possible damage to your credit score.

How to Do a Balance Transfer with Wells Fargo Reflect (New Applicants)

1. Open the Wells Fargo Reflect application.
2. Enter the account number for your existing balance.
3. Enter the amount you want to transfer.
4. Include standard application info such as your name, Social Security number, and annual income.
5. Submit the application.

How to Do a Balance Transfer with Wells Fargo Reflect (Existing Cardholders)

1. Log in to your Wells Fargo Reflect account.
2. Select “Manage Cards” from the Accounts menu.
3. Choose your preferred offer.
4. Enter the account number(s) and the amount(s) you'd like to transfer.
5. Verify your information is correct and submit the application.

Key Things to Know About a Wells Fargo Reflect Balance Transfer

The Wells Fargo Reflect card accepts balance transfers from other credit cards, along with loans and other lines of credit. The Wells Fargo Reflect card does not allow balance transfers from other Wells Fargo credit accounts.

If you're transferring a balance to a credit card with an introductory APR on balance transfers, try to pay off the balance before the introductory rate expires. Any balance remaining after that will accumulate interest daily at the card's regular APR. Using a balance transfer calculator can be a big help.

Finally, there is a 3% intro for 120 days, then up to 5% (min $5) fee on Wells Fargo Reflect balance transfers. Make sure to take this into account, too.

The Wells Fargo Reflect card does not offer rental car insurance. But there are other Wells Fargo cards that do have this benefit, which covers theft, damage, valid loss-of-use charges imposed and substantiated by the auto rental company, administrative fees, and reasonable and customary towing charges to the nearest qualified repair facility. Cardholders are covered up to the actual cash value of most rented cars.

To get coverage, a cardholder must pay for the rental entirely with an eligible Wells Fargo credit card. Examples of eligible cards include the Hotels.com Credit Card.

If you'd like a credit card with rental car insurance, there are plenty of options outside of Wells Fargo, too.

The Wells Fargo Reflect℠ Card does not offer price protection. The Wells Fargo Reflect card's lack of a price protection benefit is not uncommon these days, as more and more credit cards have dropped this perk. Recent advances in price-tracking technology have led to a dramatic increase in price protection claims, making the benefit too expensive for some issuers to sustain.

In general, credit card price protection allows cardholders to receive a refund for the difference between an item's original purchase price and a lower price advertised within the following 60 to 120 days. Coverage amounts and excluded items vary, depending on the credit card issuer.

To log in to your Wells Fargo Reflect℠ Card account, go to the login page on the Wells Fargo website or mobile app and enter your username and password in the appropriate fields. Then, click the “Sign On” to access your online account. If you don't already have an account, you will need to start by clicking “Enroll Now” in order to set up a username and password.

How to Log in to a Wells Fargo Reflect Credit Card Account

1. Register your Wells Fargo Reflect credit card for online account access. Click “Enroll Now” and enter your name, account number, phone number, date of birth, and Social Security number or Tax ID Number to verify your card account.
2. Choose your Wells Fargo Reflect card username and password. The username must be between 7 and 10 characters, including special characters, but no spaces. The password must contain 8 to 31 characters and have at least 1 letter and 1 to 9 numbers. The password cannot be identical to the username or contain more than 3 sequential numbers or letters. The password is case sensitive and may contain special characters.
3. Log in with your new Wells Fargo Reflect card credentials. From the login page on the Wells Fargo website or mobile app, fill out the Username and Password fields using your new credentials, and click “Sign On” to access your account.

After you have signed up and logged in, you'll be able to manage your Wells Fargo Reflect card account online. You can pay your credit card bill, see card statements, monitor account activity, and change account information such as passwords and automatic payments.

If you forget your login information, click “Forgot Password/Username?” on the Wells Fargo login page. Then, just follow the prompts to reset or retrieve your username or password.