Wells Fargo Cash Wise Visa® Card – Credit Card Review
The Wells Fargo Cash Wise Visa® Card credit card awards 1.5% cash rebates; gives bonus cash back for using ApplePay® and Android Pay™; and, sends up to $600 to replace a damaged cell phone.
Wells Fargo Cash Wise Visa® Card – Credit Card Highlights
The Wells Fargo Cash Wise Visa® Card credit card is a cash back credit card from Wells Fargo.
It’s not a top-ranked card among cash back cards, but for people who make payments with a mobile wallet or who drop their cell phone a lot, the Wells Fargo Cash Wise Visa® Card’s unique benefits might make it the best cash back credit card fit.
Key benefits of the Wells Fargo Cash Wise Visa® Card credit card include:
- $1.50 cash credit for every $100 spent, with no dollar limit
- Bonus cash rebates when you pay with ApplePay® andAndroid Pay™
- Up to $600 protection for your mobile phone against damage or theft
Wells Fargo Cash Wise Visa® Card credit card holders also get access to fraud protection. If your card is lost or stolen, or used without your permission, Wells Fargo will not make you pay for any unauthorized charge.
What Is A Cash Back Credit Card?
Cash back credit cards are credit cards that give cash rebates for every item bought with your card.
The typical cash rebate with a cash back credit card is $1 back per $100 spent; with bonus cash paid when you spend your money in certain ways.
For example, there are cash back credit cards that pay you $3 cash for every $100 you spend on groceries or gasoline; and others that pay bonuses for buying airline tickets, or for shopping at Amazon.com.
Cash back awards are paid to card holders in one of three ways.
They can be paid as personal checks mailed to your home; as direct deposits made to your bank; and, as monthly credits added to your credit card statement.
To earn a cash back award with the Wells Fargo Cash Wise Visa® Card, all you have to do is use it.
The Wells Fargo Cash Wise Visa® Card gives you $1.50 back for every $100 you spend; then, adds $0.30 in bonus cash for payments made with ApplePay® or Android Pay™.
Wells Fargo Cash Wise Visa® Card Review
The Wells Fargo Cash Wise Visa® Card credit card is a decent cash back card. It’s best for mobile-first customers.
The Wells Fargo Cash Wise Visa® Card is not the most aggressive cash back card you’ll find; that honor goes to the Citi® Double Cash Card, which pays 2% cash on everything you buy . Nor, is it the cash back card with the most benefits; that would be the Discover It® Cashback Match card.
The advantage of the Wells Fargo Cash Wise Visa® Card goes to those who go mobile.
The Wells Fargo Cash Wise Visa® Card typically pays $1.50 cash for every $100 spent. However, if you log your credit card account number into your phone, then use ApplePay® or Android Pay™ to make a purchase, Wells Fargo will pay bonus cash, raising your amount earned to $1.80 for every $100 spent.
This is above the industry standard and, because cash rewards are unlimited, Wells Fargo Cash Wise Visa® Card credit card holders can earn rebates all year long.
The card also provides damage and theft protection for up to four mobile phones so long as you pay your wireless bill using your Wells Fargo Cash Wise Visa® Card credit card. Reimbursements of up to $600 are available for your stolen or damaged phone; and you’re allowed to make claims twice per year.
Furthermore, the Wells Fargo Cash Wise Visa® Card is a no annual fee credit card. It’s free to apply, and free to use.
Compare Cash Back Credit Cards
The Wells Fargo Cash Wise Visa® Card provides other cardholder benefits, too.
For the first 12 months that you have the card, there is no interest charged on your credit card. This means that you can finance a large purchase with your Wells Fargo Cash Wise Visa® Card, pay it off over the course of a year, and pay no interest charges to do it.
You also get access to Wells Fargo’s $0 fraud liability program.
If your Wells Fargo Cash Wise Visa® Card gets lost or stolen, the credit card company won’t make you pay for unrecognized and unauthorized charges to your account.
In most instances, Wells Fargo can mail you a replacement card within 24 hours.
Learn More About Wells Fargo Cash Wise Visa® Card Credit Card
The Wells Fargo Cash Wise Visa® Card credit card is a cash back reward card for people living the mobile life. When you pay for things using ApplePay® or Android Pay™, the card gives you a big cash rebate; and it pays out when you damage your phone, too.