Wells Fargo Credit Cards

Wells Fargo Financial credit card is just another name for the bank’s revolving credit cards. This covers all Wells Fargo credit cards available right now, since Wells Fargo doesn’t offer any charge cards.

Some of the confusion over the term “Wells Fargo financial card” might stem from the fact that Wells Fargo has a website by the name of wellsfargofinancialcards.com. But this appears to be an older site because it makes mention of “Cash on Demand” cards, which Wells Fargo no longer offers. Wells Fargo’s newer (or at least more high profile) site is simply wellsfargo.com. Rest assured, there’s no difference between a “financial card” and a regular credit card.

Wells Fargo Financial credit cards cover a wide range of needs, from rebuilding bad credit (Wells Fargo Secured) and earning cash back (Cash Wise Visa) to points (Wells Fargo Rewards) and avoiding interest (Platinum Visa). There’s also a travel card (Propel American Express) and a card for students with limited credit (Cash Back College Card). So there’s something for everyone and plenty of good offers to consider.

The Wells Fargo foreign transaction fee is 0% or 3%, depending on the card. The Wells Fargo Propel American Express credit card does not have a foreign fee, but all other Wells Fargo cards charge 3%. So most people with a Wells Fargo credit card or debit card will pay an extra 3% on purchases from a foreign merchant, both in-person and online. That’s why it’s best to get a Propel card for making international purchases.

The Propel Amex card has really good rewards too. It offers 3 points per $1 spent on travel, dining and transit expenses, along with 1 point per $1 on everything else. It also has a $0 annual fee. But Propel is not the only option for avoiding Wells Fargo’s foreign transaction fees. Plenty of other credit card companies, like Chase, Citi and U.S. Bank, offer cards with no foreign transaction fees. Plus, none of the cards from Capital One, Discover or USAA charge foreign transaction fees.

The standard Wells Fargo cash advance fee is $10 or 5% of the cash advance amount, whichever is greater. Wells Fargo’s cash advance APR is currently between 26.24% and 28.24%. The exact rate depends on your overall creditworthiness at the time you’re approved for an account. But those terms are the same for all Wells Fargo credit cards.

Given the high costs, you should avoid cash advances. But it’s still worth knowing how to perform such a transaction and how much it will cost should you need to get one in an emergency. And the first step in being able to do a Wells Fargo cash advance is requesting a PIN from customer service.

To get a Wells Fargo cash advance PIN, call customer service at 1 (800) 642-4720. After that, you’ll be able to take out up to $500 in cash per day from your line of credit, up to your cash advance limit.

If you have a Wells Fargo checking account, you can link it to your credit card as overdraft protection. If your bank account balance dips below zero, you’ll get a cash advance from your credit card to cover transactions. But this isn’t a great option. You’ll pay a $12.50 fee for advances under $50, and $20 for anything above. Plus, the same high cash advance APR applies right away.

At the end of the day, a Wells Fargo cash advance costs too much in fees and interest to be a good option for convenient cash. But if you do one, make sure to repay your balance as soon as possible. Unlike purchases, cash advances do not come with any grace period. Interest starts accruing as soon as you make a withdrawal, so repaying your advance as soon as possible will save you money.

You can’t check for Wells Fargo credit card pre-approval. The only way to find out if you’ve been pre-approved for a Wells Fargo credit card is to receive an offer in the mail. If you get such an offer, it means Wells Fargo has done a soft inquiry on your credit history and determined that you’d be a good candidate for the card they mailed you about. Pre-approval doesn’t guarantee your application will be successful. But it does mean you have extremely good odds.

If you’ve received a Wells Fargo pre-approval offer, it will include a unique code. To respond, just go to the Wells Fargo credit card page, click “Respond to an Offer,” and enter your code.

And if you haven’t received a pre-approval offer, you can still estimate your chances of success before actually applying.

Here’s what you should know about Wells Fargo Credit Card pre-approval.

• Wells Fargo will look at a combination of your credit history, income and other debts to determine whether to approve you for a card. You can stay on top of your credit score with WalletHub’s free daily updates.
• Some cards may simply be out of reach, depending on your credit standing. For example, you need good credit or better to get the Wells Fargo Propel American Express® card or Wells Fargo Cash Wise Visa® card. If you have bad credit, the Wells Fargo Secured Card is your best shot at approval.
• One of the best ways to improve your chances of approval is to boost your credit score. You can do this by paying down your debt, making your monthly payments on time, and using less of your available credit. WalletHub’s personalized credit analysis will tell you exactly what to do.
• If you already have a Wells Fargo credit card, credit reallocation may help you get a new one. Reallocation lets you shift some of your credit limit from an existing Wells Fargo card to a new Wells Fargo card. You can’t shift your entire credit limit, and it’s not guaranteed to get you approved for a new card, but it can’t hurt. To ask about credit re-allocation, call 1800-642-4720.

There’s no way to check for Wells Fargo credit card pre-approval. But if you know your credit score, and what type of card you want, you should be able to get a ballpark sense of your approval chances.

To get a Wells Fargo credit card, you must be at least 18 years old and have a steady source of income. You’ll need to at least be able to pay the Wells Fargo Secured Card’s $300 security deposit, plus its monthly bills and your other expenses. That’s the easiest Wells Fargo credit card to get, available even to people with bad credit. All of the others require good/excellent credit for approval.

You can apply for a Wells Fargo credit card online, at a branch or by using the return envelope enclosed in a mailed offer. Unfortunately, you won’t be able to apply for a Wells Fargo card by phone. Well-qualified online applicants may receive instant approval. Otherwise, you will receive a decision within 5 to 7 business days and get your card in the mail 7 to 10 business days after that. You cannot get expedited card delivery.

But those are just the basics. If you really want to get the right Wells Fargo credit card for your needs, your first step should be checking your credit score. Once you’ve got a sense of which Wells Fargo credit card(s) you’re likely to qualify for, the next step is to narrow down your options based on rewards, rates, and fees. Which you should focus on depends on how you plan to use the card. In general, rewards cards are best for people who pay in full every month; 0% cards are best for carrying a balance for a limited time, and no annual fee cards are best for light-spenders or infrequent use.

Here is how to get a Wells Fargo credit card:

1. Check your latest credit score to find out which cards you’re most likely to be approved for.
2. If you received a pre-approved offer in the mail, you can respond by mail or online.
3. If you weren’t pre-approved, start an application online or by visiting a branch. 
4. Be sure to enter all information asked, including income, employment status, housing status, etc.
5. If you aren’t approved immediately, wait 5 to 7 days for a decision letter by mail along with information about your credit report and Wells Fargo’s privacy policy.
6. If you’re approved, wait 7 to 10 business days from your approval date to receive your card.

Wells Fargo does not allow you to check for pre-approval online. You can only find out if you’re pre-approved through an offer in the mail with a special code. You can respond to the offer by return mail. You can also click the “Respond to an Offer” link on the Wells Fargo credit card page using your pre-approval code. Pre-approval doesn’t guarantee your application will be approved, but your chances are good.

If your Wells Fargo credit card application is denied, you have the option to request a reconsideration. This gives you the opportunity to correct or remove any incorrect information from your credit report that may have influenced the issuer’s decision to deny. You can contact the Wells Fargo Credit Card Reconsideration Department at 1 (866) 412-5956 from 9 a.m. to 9 p.m. Monday till Friday and 1 (800) 1 (800) 967-9521, from 8 a.m. to 7 p.m. on Saturdays.

To add a Wells Fargo authorized user, just log in to your Wells Fargo account at wellsfargo.com, go to the Credit Card Service Center on the Account Services tab and click the Additional cardholders for your account link under the Request Credit Card features heading.

Remember that you are responsible for all charges made to the card. Hope this helps!

You can pay your Wells Fargo credit card online, through the mail, over the phone, or in person at a branch. Making your Wells Fargo credit card payment online is definitely the easiest option. You can do so from the Wells Fargo website or from the Wells Fargo mobile app. Just log into your account and head to the “Transfer & Pay” tab. From there select “Pay WF Accounts.” You can then make a one-time payment, or set up automatic payments.

Payments made before midnight Pacific time will be credited within one business day if they’re from a Wells Fargo bank account, and 3-5 business days for payments from non-Wells Fargo bank accounts.

Wells Fargo Credit Card Payment Options:

• Online: Log in to your account, click on “Transfer & Pay” and select “Pay WF Accounts.”
• By mail: Mail a personal check to Wells Fargo Card Services, P.O. Box 51193, Los Angeles, CA 90051. Allow 7-10 business days for your payment to arrive.
• Over the phone: Call 800-869-3557. Payments made by midnight Pacific time will be credited the same day.
• In person: Pay with cash or check at your nearest Wells Fargo branch.

You cannot make a Wells Fargo credit card payment at an ATM.

Wells Fargo cell phone insurance covers cardholders up to $600 for a stolen or damaged cell phone, as long as the cardholder pays the phone’s monthly bill with a Wells Fargo consumer credit card. Coverage applies to the primary phone, as well as up to three other lines on the same bill. All Wells Fargo consumer credit cards offer cell phone insurance as part of their benefits package.

Here’s how Wells Fargo cell phone insurance works:

• Coverage: Up to $600 per claim. Wells Fargo will pay for either the value of the phone or a similar replacement, minus a $25 deductible. Coverage can apply to as many as four lines.
• Limits: Two claims (up to $1,200 in total coverage) every 12 months.
• Requirements: You must pay your monthly cell phone bill with your Wells Fargo consumer credit card. Wells Fargo debit cards and business credit cards do not offer cell phone protection.
• Duration: Coverage begins on the first day of the month after you pay your cell phone bill with an eligible Wells Fargo credit card. You need to pay your bill with a Wells Fargo card each month to be covered for the next month.
• Exclusions: Wells Fargo cell phone insurance does not apply to rented, borrowed or prepaid phones. It doesn’t cover lost phones, either.
• Claims Process: To file a claim, you need to call the benefit administrator at 866-804-4770 within 60 days of the theft or damage. Claims will be processed within 10 days.

To sum up, Wells Fargo phone insurance protects you against theft or damage and will pay for repairs or reimburse you for the phone’s value up to $600. Just remember to pay your cell phone bill with your Wells Fargo consumer credit card, and your coverage will kick in starting the next month.

Terms apply. Information is accurate as of July 2019.

You can check your Wells Fargo credit card application status online or by calling 1-800-967-9521. If you’re already a Wells Fargo customer, all you need is your username and password. If not, you’ll have to provide your last name, birthdate, Social Security number and the access code that Wells Fargo emailed you when you applied. If you prefer to call over checking your status online, the phone line is open 24/7.

It should only take a few minutes to check your status and find out whether your application is approved, denied or still pending. You should get a final decision within 7 business days of applying. Approved applicants will get their card within 10 business days of approval. You can learn more below.

How to check your Wells Fargo credit card application status:

• By Phone: Call 1-800-967-9521 between 5:00 AM and 7:00 PM, Monday through Friday. When prompted, say, “Check the status of my application.” Then, enter your Social Security number.
• Online: Use Wells Fargo’s application status webpage. You can check your status using your Wells Fargo login credentials. Or, you can use your last name, date of birth, Social Security number and an access code that Wells Fargo will email you when you first apply.
• Email: Simply click “Check Your Application Status Now” in one of the emails you’ve received from Wells Fargo.

If your application is approved, your card should arrive within 10 business days of the decision being reached. However, if Wells Fargo denies your credit card application, you will receive a letter explaining why. If you believe the rationale doesn’t really apply to you, you can request reconsideration by calling 1-800-869-3557. But this is a long shot.

You can get a Wells Fargo credit limit increase by calling customer service at 1-800-642-4720. There is no option to request a Wells Fargo credit limit increase online. It’s best to not make a request until you’ve had your card for at least 6 months, and only if you’ve paid your bill on time every month. It’s also good to use your card on a regular basis. If Wells Fargo sees little activity, they may not see a reason to increase your limit.

If you ask for a Wells Fargo credit limit increase, Wells Fargo may do a hard pull of your credit, which will temporarily lower your score. But they’ll sometimes do just a harmless soft pull, especially with older accounts and when Wells Fargo offers an increase without you asking. Besides, getting more credit can be good for your score in the long run.

Here’s how to get a Wells Fargo credit limit increase:

1. Call Wells Fargo customer service at 1-800-642-4720.
2. Say or enter your credit card number to be connected to a representative.
3. Tell the representative you’d like a credit limit increase.
4. Answer the representative’s questions about your credit and income.
5. Give the representative permission to do a hard pull of your credit, if needed.

You won’t always have to ask for a Wells Fargo credit limit increase to get one. Wells Fargo will periodically review your account to see if you’re eligible, using only a soft pull of your credit. And if they like what they see, they may just raise your limit.