Can You Apply for Multiple Credit Cards at Once
Are you interested in getting a credit card to help boost your credit history, earn rewards, travel more or give yourself an option for accessing emergency funds? There are tons of options available, but if you currently bank with Wells Fargo, then you might have considered signing up for 1 of the financial service company'due south electric current credit card offerings. Information technology can make sense to do so — it's oft easier to apply for cards at institutions you already banking concern with. But fifty-fifty if your main bank account is elsewhere, you might be leaning towards a card with Wells Fargo thanks to its extensive rewards programs or low, manufacture-leading introductory involvement rates.
Before you fill up out an application, information technology'southward a wise thought to learn more than near Wells Fargo's various credit cards, particularly when it comes to their benefits and limitations. Like many financial institutions, its list of available cards tends to change. Here, we'll give you a solid overview of the banking company's best credit cards for personal use, all of which are bachelor every bit of this writing.
When it comes to the best cash-back credit cards, the Wells Fargo Agile Cash Carte du jour is a potent contender. It'south a great choice if y'all have a credit score of at least 700 and are looking for a rewards card with no annual fees.
Not but does the carte offering a 0% intro April — the annual percentage rate, or the corporeality of interest you'll pay on your card remainder over the course of a year — for fifteen months, but you'll likewise earn unlimited two% cashback on purchases. If you spend at least $1,000 within your starting time three months of opening your card, yous tin likewise qualify for a $200 cash rewards bonus.
The 0% APR offering also applies to residuum transfers for xv months, only proceed in mind that there are fees involved for the transfer itself. If you make a balance transfer within the first 120 days, the transfer fee is iii%, but subsequently that, it jumps to 5%.
Pros:
- Generous 2% cashback on unlimited purchases
- 0% introductory APR on purchases and qualifying transfer fees for the first 15 months
- No annual fee
- $200 cash rewards bonus if you lot spend $1,000 in the kickoff three months
- Upwardly to $600 worth of jail cell phone protection if yous pay your phone bill with your carte
- Zero-liability protection — you're non liable for unauthorized card charges
Cons:
- Designed for those with good to excellent credit
- Potentially high Apr — between 14.99% and 24.99% — depending on your credit history afterward the introductory April ends
- 2% leap in balance transfer fee corporeality after the initial 120 days
Overall, if y'all've got bully credit, and then the Wells Fargo Active Greenbacks Card is a good choice when it comes to cash-back cards. But, you'll want to know alee of time what your April will exist later on the initial 15 months.
The Wells Fargo Reflect Card Could Help You Pay Down Balances
Among Wells Fargo'southward newer offerings is a card that tin salvage yous money for paying your credit menu pecker on fourth dimension. The depository financial institution's Reflect card offers a 0% APR for the outset 18 months, plus a three-month 0% APR extension if you pay at least your minimum balance during the introductory and extension periods. In other words, if y'all keep upwardly with your payments, you can enjoy a 0% April for up to 21 months.
After that, the APR jumps to anywhere between 12.99% and 24.99%, depending on your credit rating. The bill of fare comes with no annual fee and is a skillful credit transfer choice if you're looking to escape high interest rates on your existing lines of credit.
Practice be aware, nonetheless, that you may non be eligible for the card's benefits if you lot've already opened another Wells Fargo credit card upwards to fifteen months before you utilise. This is true fifty-fifty if you've closed the account or have paid off the remainder.
Pros:
- 0% introductory APR for upwards to 21 months
- Up to $600 worth of cell telephone protection when you pay your telephone bill with your card
- Aught liability protection
- Potential to earn greenbacks back with My Wells Fargo Deals
Cons:
- 0% April is temporary — brand sure y'all empathize what your involvement rate will be after the introductory period
If y'all're looking to hang onto a 0% APR for as long equally possible, the Wells Fargo Reflect menu is a solid option. Just make sure y'all stay on superlative of your bills and then y'all tin accept advantage of the three-month extension.
The Hotels.com® Rewards Visa® Credit Card Offers Key Travel Benefits
In the market for a travel rewards card? Wells Fargo has got you covered at that place, besides. When you lot open a Hotels.com® Rewards Visa® carte du jour, you can get two rewards nights (worth up to $250 total) if you make $ane,000 worth of purchases in the first 3 months after opening the card.
The carte allows you lot to collect "stamps" and cash in 10 stamps for a free advantage night at over half a million properties effectually the world. You lot earn a new postage each time you either make $500 in purchases or book a night at an eligible property through Hotels.com.
The card as well comes with other perks, such as a $0 foreign currency conversion fee, and freebies from participating airports and properties. You lot can also enjoy refunds for not-refundable fares you volume with your card if your trip is canceled or delayed for a covered reason.
Pros:
- Hotel chain flexibility
- $0 annual fee
- No strange currency fee
- Bonus two free rewards nights if you spend $ane,000 in the kickoff 3 months
Cons:
- Decent — merely non great — sign-upwardly bonus
- Somewhat disruptive rewards system
- Hotel availability could exist improve
- Competitors offer similar cards
Overall, the Hotels.com® Rewards Visa® Credit Menu is a sufficient option, especially if you already use Hotels.com to book travel stays. Otherwise, you could probably do better when it comes to a corking travel rewards credit card. Competitors like Discover information technology® Miles and Bank of America® Travel Rewards besides offer no annual fees and more straightforward rewards systems.
Additionally, y'all can also choose to redeem your points from the above competitors for either travel rewards or greenbacks, then yous tin can still enjoy them fifty-fifty if you don't have any upcoming vacations on the horizon. If you're assault sticking with Wells Fargo, however, you might fifty-fifty consider applying for the Wells Fargo Agile Cash Card instead and earning cashback on all of your purchases, whether they're travel-related or non.
Source: https://www.askmoney.com/credit-cards/apply-wells-fargo-credit-card?utm_content=params%3Ao%3D1465803%26ad%3DdirN%26qo%3DserpIndex
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