Wells Fargo Credit Card Promotions: June 2018

Wells Fargo is well-known for their banking products, but their credit cards are often overlooked. But they do have credit card offers worth considering.

Read on for the list of current card promotions for new applicants.

Featured Wells Fargo Promotions

• Wells Fargo Cash Wise Visa: Spend $1,000 within the first 3 months and earn a $200 bonus.

• Wells Fargo Platinum: Get 0% intro APR for 18 months on purchases and balance transfers. After that, the variable APR is 16.9% - 26.74% (Variable)

Cash Rewards Cards

Wells Fargo Cash Wise offers a $200 cash rewards bonus after you spend $1,000 within the first 3 months. This card earns 1.5% cash rewards on purchases. There is a 0% intro APR for 12 months on purchases and balance transfers. After that, a 14.74% - 26.74% variable APR. Balance transfer fees apply. There is a $0 annual fee.

Balance Transfer Card

Wells Fargo Platinum offers 0% intro APR for 18 months on purchases and balance transfers. After that, a 16.90%-26.74% variable APR. Balance transfer fees apply. There is a $0 annual fee.

In-Depth Guide to Wells Fargo Credit Cards

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Which Wells Fargo Deal Is Right for You?

To pick the right card for you, consider the following factors:

• Your financial goal: If you would like cashback rewards, look into the Cash Wise Visa. If paying down debt is your biggest priority, the Platinum Card has the longest intro APR length. But it has no rewards.

• Intro APR: The Wells Fargo cards below all offer an introductory APR period for purchases and balance transfers. If you need time to pay off some debt or large purchases, be sure to choose the card with an intro APR term right for you. The Platinum card offers the longest term.

• Your credit score: Your credit score will largely determine what card you're able to quality for. These cards below are generally for those with good to excellent credit.

Wells Fargo Credit Card Offers for New Applicants

New Application: Before you apply for a new Wells Fargo card, here are some things you need to know.

• If you opened a Wells Fargo card in the past 15 months, you may not be eligible for the sign-up bonus and intro APR rate on another card.

• If you opened a Wells Fargo credit card in the past 6 months, you may not qualify for another Wells Fargo card.

Now let's go deeper into each Wells Fargo card.

Earn Cash Back: Wells Fargo Cash Wise

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Wells Fargo Cash Wise Visa offers generous rewards for a no-annual-fee card.

You get $200 cash bonus if you spend $1,000 in purchases within the first 3 months of account opening. All purchases earn 1.5% cash back with no cap.

And for the first 12 months, if you make purchases on a qualified mobile wallet (such as Apple Pay, Google Pay, or Android Pay), you earn an additional 20% bonus. This means you can earn up to 1.8% cash back the first year.

You can redeem your cash rewards right at the ATM. So you can literally see your rewards in the form of cold, hard cash.

It also has a 0% intro APR on new purchases and balance transfers for 12 months. After that, the APR is 14.74% - 26.74% (Variable).

Balance Transfer: Wells Fargo Platinum

If you have existing debt from another credit card, a balance transfer can give you time to pay it while getting a break on interest.

Wells Fargo Platinum will give you the most time to pay off debt. It offers 0% APR for 18 months on purchases and balance transfers. After that, the variable APR is 16.9% - 26.74% (Variable).

However, there is a balance transfer fee of 3% for the first 18 months (with a $5 minimum). After that, it goes to 5% for each transfer (with a $5 minimum). This could make the transfer very costly if you have a large amount to transfer. But if you need a long time to pay off the debt, the money you save in interest could be well worth the transfer fee.

Making Your Choice

Hopefully, certain cards stuck out for you as you looked down this list. Which card is the best fit for you depends on your spending patterns and what you hope to get out of your credit card. As with any credit decision, research is important to make sure you pick the card that's best for your specific financial situation.

Remember: as with all credit card and bank offers, terms and limitations apply.