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The Wells Fargo Reflect\u00ae Card has one of the best introductory APR offers available right now, giving new cardholders up to 21 months with 0% APR. While there are no ways to earn cash back, points, miles, or other rewards, you can use this card to pay off high-interest debt without building up interest in the process.<\/p>\n
Annual fee<\/p>\n
$0<\/p>\n<\/li>\n
Introductory Purchases APR<\/p>\n
0% intro APR for 21 months from account opening on purchases<\/p>\n<\/li>\n
Ongoing Purchases APR<\/p>\n
17.49%, 23.99%, or 28.24% Variable APR<\/p>\n<\/li>\n<\/ul>\n
Benefits<\/p>\n
The Wells Fargo Reflect card is best for those who are currently in credit card debt and need a way to get ahold of it. If you\u2019re carrying around a lot of credit card debt, you can apply for the Wells Fargo Reflect credit card and transfer an existing balance. Then you can make manageable monthly payments without facing interest charges.<\/p>\n
This card is also best for those who need to make a large purchase and can benefit from carrying a balance for a while without building up interest charges. This could be for paying off a large medical bill, education costs, home repairs, or something else.<\/p>\n
Related: <\/em><\/strong>How does credit card interest work?<\/em><\/strong><\/p>\n Even though you don\u2019t get the opportunity to earn cash back or points rewards with the Wells Fargo Reflect Card, there are other types of benefits.<\/p>\n There\u2019s no annual fee to use this card. That\u2019s enticing for credit card users who want to use the Wells Fargo Reflect\u2019s 0% APR offer without paying to open the card.<\/p>\n Through your Wells Fargo account, you can check your monthly FICO score to monitor your credit. Checking your own credit score doesn\u2019t hurt your score, so making sure you\u2019re building up your score helps.<\/p>\n Some places charge you to check your credit score and report. But you don\u2019t need to pay to do that here. If you want to stay on track with your credit, it\u2019s important to regularly check your credit score and history.<\/p>\n Read more: <\/em><\/strong>How to use credit cards to build your credit score<\/em><\/strong><\/p>\n You can get up to $600 of cell phone protection if your phone is damaged or stolen when you use your Wells Fargo Reflect card to make phone payments. There\u2019s a $25 deductible, and you can make up to two claims per 12-month period.<\/p>\n While this is only supplemental coverage and doesn\u2019t replace your regular cell phone insurance plan, it might come in handy if all your other insurance options have been used and you\u2019re still looking for assistance.<\/p>\n Having the Reflect card gets you access to exclusive deals offered by select merchants through My Wells Fargo Deals.<\/p>\n Many banks offer deals just for customers of the bank and credit card users. You\u2019ll need to individually activate each reward to take advantage of it before the expiration date.<\/p>\n You\u2019re not responsible for any unauthorized transactions. So if your card gets lost and you end up with transactions you didn\u2019t make, you don\u2019t have to pay for them.<\/p>\n Keep in mind that even if you didn\u2019t make certain transactions, you do have to report them in a timely manner so you aren\u2019t on the hook for credit card payments.<\/p>\n With your card, you get access to a 24\/7 on-demand roadside dispatch network. This can be used for emergency vehicle services, towing, and even a locksmith.<\/p>\n There are some great benefits to using the Wells Fargo Reflect card, but there are also some downsides.<\/p>\n You could face up to a $40 late fee if you don\u2019t make on-time payments every month.<\/p>\n There’s also a 3% foreign transaction fee when you use your card outside of the U.S. If you take out a cash advance you\u2019ll pay a fee of 5% of the advance or $10 (whichever is greater). For balance transfers, there\u2019s a fee of 5% of the balance or $5 (whichever is greater).<\/p>\n This card doesn\u2019t offer any traditional rewards, so you don\u2019t earn anything back when you use your card.<\/p>\n Many cards offer some type of reward, whether it\u2019s cash back, points, or miles that you can redeem as cash back into your bank account or as a statement credit. But this Wells Fargo card doesn\u2019t offer those benefits.<\/p>\n You can use the Wells Fargo Reflect card wherever Visa is accepted all over the world. This includes local purchases, like at the gas station and grocery store. Or you can use it overseas at hotels, restaurants, car rentals, and other merchants (though you\u2019ll pay a foreign transaction fee).<\/p>\n Log into your Wells Fargo account online or through the mobile app to manage your credit card payments. You can set up autopay, make a one-time payment, check your balance, review transactions, and more.<\/p>\n You can also call the number on the back of your card and make a payment over the phone or even pay at a Wells Fargo ATM.<\/p>\n Wells Fargo customer service is available 24\/7. So you can call and talk to someone whenever you need help. Call the number on the back of your card or 1-800-642-4720. From here, you can get help with your account, report your card as lost or stolen, file a fraudulent charge, or anything else you need related to your account.<\/p>\n You can also visit a Wells Fargo branch near you to talk to someone in person about your card and account.<\/p>\n While the Wells Fargo Reflect card might be a good fit if you want a longer period to pay down existing debt or avoid interest on new purchases, it may not be the best card for everyone. If you want to look into other cards, consider these alternatives.<\/p>\n Annual fee<\/p>\n $0<\/p>\n<\/li>\n Welcome offer<\/p>\n Earn as high as $200 cash back after spending $2,000 within the first 6 months (welcome offers vary and you may not be eligible for an offer; cash back is received as Reward Dollars, redeemable for statement credit or at amazon.com checkout)<\/p>\n<\/li>\n Introductory Purchases APR<\/p>\n 0% on purchases for 15 months<\/p>\n<\/li>\n Ongoing Purchases APR<\/p>\n 19.49%-28.49% Variable<\/p>\n<\/li>\n Introductory Balance Transfer APR<\/p>\n 0% on balance transfers for 15 months<\/p>\n<\/li>\n Ongoing Balance Transfer APR<\/p>\n 19.49%-28.49% Variable<\/p>\n<\/li>\n<\/ul>\n Rewards rate<\/p>\n Benefits<\/p>\n Why we like it: <\/strong>This no annual fee Amex card (see rates & fees) offers a solid intro APR on new purchases and balance transfers after opening your account. It\u2019s not as long as the Wells Fargo Reflect card, but the Blue Cash Everyday card also comes with many other perks. You\u2019ll get 3% cash back* at U.S. supermarkets, on U.S. online retail purchases, and at U.S. gas stations (each up to the first $6,000 spent per year, then 1%) and 1% back on all other purchases.<\/p>\n *Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit.<\/em><\/p>\n Read our full review of the Blue Cash Everyday Card from American Express<\/em><\/strong><\/p>\n Annual fee<\/p>\n $0<\/p>\n<\/li>\n Welcome offer<\/p>\n Earn a one-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening<\/p>\n<\/li>\n Introductory APR<\/p>\n 0% intro APR on purchases and balance transfers for 15 months, then variable 18.49% – 28.49% APR<\/p>\n<\/li>\n Purchase APR<\/p>\n 18.49% – 28.49% variable<\/p>\n<\/li>\n<\/ul>\n Rewards rate<\/p>\n Benefits<\/p>\n Why we like it: <\/strong>The Quicksilver card also has a generous intro APR for both new purchases and balance transfers, but in addition, you\u2019ll get unlimited 1.5% cash back on every purchase. You can also earn 5% cash back on hotels and rental cars booked through Capital One Travel. There\u2019s no foreign transaction fee and no annual fee for the Capital One Quicksilver and you can redeem your cash back as cash into your account, for statement credits, and more.<\/p>\n Read our full Capital One Quicksilver Cash Rewards Credit Card review<\/em><\/strong><\/p>\n Annual fee<\/p>\n $0<\/p>\n<\/li>\n Welcome offer<\/p>\n Earn a one-time $200 cash bonus once you spend $500 on purchases within the first 3 months from account opening<\/p>\n<\/li>\n Introductory APR<\/p>\n 0% intro APR on purchases and balance transfers for 12 months, then variable 18.49% – 28.49% APR<\/p>\n<\/li>\n Purchase APR<\/p>\n 18.49% – 28.49% variable<\/p>\n<\/li>\n<\/ul>\n Rewards rate<\/p>\n Benefits<\/p>\n Why we like it: <\/strong>With this card, you can earn 5% cash back on hotels and rental cars you book through Capital One Travel; 3% back at grocery stores (not including Target and Walmart), on dining, entertainment, and popular streaming services; and 1% cash back on all other purchases. There\u2019s no annual fee and this card also comes with an intro 0% APR on purchases and balance transfers.<\/p>\n Read our full Capital One Savor Cash Rewards Credit Card review<\/em><\/strong><\/p>\n This article was edited by <\/em>Kendall Little<\/em><\/p>\n Editorial Disclosure: The information in this article has not been reviewed or approved by any advertiser. All opinions belong solely to Yahoo Finance and are not those of any other entity. The details on financial products, including card rates and fees, are accurate as of the publish date. All products or services are presented without warranty. Check the bank\u2019s website for the most current information. This site doesn’t include all currently available offers. Credit score alone does not guarantee or imply approval for any financial product.<\/em><\/p>\n<\/p><\/div>\n\n
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