Learn how to Apply for the Wells Fargo Credit Card

In the banking market, it is common to find credit cards that offer benefits for your expenses; however, few of them have easy request procedures.

In the following article, we want you to learn how to apply for a Wells Fargo credit card and become familiar with the most significant features of these tools. Below are the titles we will cover:

• Do you know Wells Fargo & Co.?
• About Wells Fargo Credit Cards
• Terms and requirements for applying for a Wells Fargo Card
• How to apply for a Wells Fargo Credit Card?
• Fees applied by Wells Fargo for credit card transactions
• Benefits of applying for a Wells Fargo Credit Card
• Contact information for Wells Fargo

Do you know Wells Fargo & Co.?

Wells Fargo & Co is a financial organization positioned as one of the most important banks in the United States, not only for the variety of its products but also for the quality of its team.

It is a consortium that has shown that customer focus is always present in its effort, as within its catalog, you can find a variety of products, each designed for a specific consumer profile.

It has an impeccable track record that has led it to conquer international markets, achieving a presence in countless countries and serving millions of clients.

Financial Product Catalog at Wells Fargo

Wells Fargo is a financial institution with a very extensive history, which has also managed to attract the attention not only of individual clients but also of businesses.

This has led this organization to the need to launch a more diverse range of financial products onto the market, as it strives to meet the needs of each of its clients.

In this way, you can find in its catalog different alternatives to manage your capital, such as savings and checking accounts, as well as a multitude of financing products.

About Wells Fargo Credit Cards

One of the most popular financial tools in this organization is the Wells Fargo credit cards, which through its 5 versions, has successfully met the financing needs of millions of users.

Therefore, you can apply for the following cards from this bank:

• Wells Fargo Active Cash;
• Reflect;
• Hotels.com;
• Autograph;
• Bilt Mastercard.

Each card has unique features that define and differentiate them.

Nevertheless, all of them were designed with the same goal, which is to provide support in financing purchases and expenses, not only domestically but also internationally and through online platforms.

Elements that characterize and differentiate Wells Fargo Credit Cards

The main element that sets these cards apart is the credit limit that you can utilize upon approval. However, there are other aspects that may also be significant when applying for them.

• If you opt for the Hotels.com card, you should know that it provides benefits if you frequently incur accommodation expenses;
• Regarding the Bilt Mastercard, its most notable feature is the rewards program for expenses you make in the rentals sector;
• Autograph is another option in this catalog, offering rewards for purchases of vehicle products and services;
• Reflect is another option for those seeking a tool with a preferential interest rate feature, rated as the lowest in the market;
• As for Active Cash, its most significant benefit is a program that gives back up to 2% of your purchases.

Prior to your application, it's essential to learn about the defining elements of each card so that you can choose the one that best meets your needs as a customer.

Terms and Requirements to Apply for a Wells Fargo Card

Each Wells Fargo credit card has different requirements for approval. However, there are general terms stipulated by this entity that you must meet before starting the application process.

• Your FICO score must be over 670, and of course, you must have maintained a positive credit card history;
• While the entity does not require a specific minimum salary to qualify, you must demonstrate that your income is sufficient to handle this type of debt;
• Have a valid identification card or any document showing your Social Security Number or Individual Taxpayer Identification Number;
• Reside under legal statutes within the United States and show that you have a registered address in your name.

It's important to know that even if you meet these requirements, your status as a customer will be evaluated by the Wells Fargo team, who determine whether you meet the stipulated criteria or not.

Documents required to apply for a Wells Fargo Card

To support the information entered in the card application form, certain documents must be provided to demonstrate the accuracy of the data. Some of the required documents include:

• Valid identification document specifying the Social Security Number or Taxpayer Identification;
• Proof of address;
• Proof of employment or income summary endorsed by your employer;
• If you are of a different nationality and in the process of obtaining legal residency in the country, you must prove to the bank that your stay status is legal.

If Wells Fargo requests additional documents to complement the information for proper evaluation, it is your responsibility to submit them promptly to prevent the entity from issuing a negative response to your application.

How to apply for a Wells Fargo Credit Card?

By meeting the requirements and conditions set by Wells Fargo in its terms, you can start the application process by visiting the Wells Fargo website and following the steps detailed here.

1. Locate on the main screen of the portal the menu identified as "Credit Cards";
2. Check the specifications of each and choose the one that best suits your needs;
3. Once you decide on your option, select the "Apply Now" section and fill out the form displayed on the screen;
4. You must include both your personal information and the requested financial information;
5. Tick the box to accept the terms and conditions and click the "Submit" button.

After this, your application will be reviewed by the Wells Fargo team, who will contact you to inform you of the approval or denial of it, and to indicate if you need to submit physical documents.

Can I determine if I qualify for a Wells Fargo credit card before applying?

Yes, on the website, there is a pre-assessment tool for your profile that can determine if you're eligible for a credit card from this selection, helping you avoid a negative response.

This tool functions as a default calculator where you can input your monthly income, and the system will determine if any of the options suit your debt capacity.

To find it, you can visit the Wells Fargo website and go to the 'Pre-Selection of Credit Cards' section. There, enter your personal information and fill out the displayed form.

Wells Fargo's Credit Card Rates

We are aware that this institution offers 5 different credit card versions, distinguished not only by the allocated funds but also by the interest rates applied. Below are the specifications for each card.

• For the Reflect card, no annual fee is charged as it is exempt. The annual percentage rate for purchases, expenditures, and transfers ranges from 16.74% to 28.74%.
• If you opt for the Hotels.com card, the interest rate is the same as the previous card, with the only difference being the cash advance factor of 28.49%.
• The Bilt Mastercard offers a 0% introductory rate, and after 15 months, the interest rates range from 18.74%, 23.74%, to 28.74%, depending on solvency.
• The Autograph card also waives interests for the first 12 months, and from the 13th month, the rate ranges from 18.74% to 28.74%.
• For the Active Cash card, a variable interest rate applies, ranging from 18.74%, 23.74%, to 28.74%, depending on your solvency.

It is essential to note that several of these options offer a 0% introductory rate, providing a fantastic opportunity to enter the world of financing.

Commissions Related to Wells Fargo Credit Cards

Interests are not the only expense you need to bear when obtaining one of these credit cards, as there are also commissions associated with the transactions you make with them, such as those detailed here. 

• If you make transfers, you will have to pay an additional fee of $5 or 3% of the executed amount;
• If you make cash advances, the commission fee will be $10 net or 5% of the total amount;
• For transactions requiring a currency exchange other than the dollar, the commission will be 3% of the transaction.

In case of delays or missed payments of the agreed installments with the financial institution or the stipulated minimum payment, you will have to bear a higher interest rate and a penalty of $40.

What are the benefits of applying for a Wells Fargo Credit Card?

Any version of these cards comes with features that position them very well in the banking market when compared to similar alternatives. Some of the most significant benefits include the following.

• They are designed for specific purchases, so you can choose the one that best suits your needs and maximize its benefits;
• You don't have to go through a lengthy waiting process to obtain it, as this institution is known for its quick responses;
• The application process is simple and you have the option to do it online;
• You can apply for the Wells Fargo spending rewards program.

Another significant aspect of these cards is that they make managing your finances easier, as several options waive interest payments for the first few months.

What to do if my request is denied?

The first thing you should do is to request the reasons why your application was not accepted and verify, according to the bank's assessment, the following elements:

• Check that you have the minimum required credit score, as it is one of the most common reasons for rejection;
• Make sure you have no debts within the institution or with external entities;
• Verify that your current credit card does not have payment delays or debts that could decrease your debt capacity.

These factors are not definitive for receiving a negative response from the bank, as not having a robust credit history demonstrating that you have handled similar tools can also be a reason.

Contact Information for Wells Fargo

If you require more information about any of these credit cards, you can visit Wells Fargo's main headquarters in San Francisco, California, United States.

You can also visit any of the branches of this financial institution. Locate the one nearest to your home or workplace from the bank's website in the “Branches and ATMs” section.

Phone Number and Website of Wells Fargo

If you are unable to visit any of the bank's branches in person, you can contact them by phone at 1877-727-2932 at any time.

You can also visit the Wells Fargo website to see in detail the features that differentiate each credit card, by finding the catalog in the main menu.

Conclusion

Wells Fargo credit cards are tools that can be considered an excellent option for learning how to manage resources payable over time, without applying interest.

Disclaimer: By approving these cards, you agree to assume the risks stipulated in Wells Fargo's terms and conditions.