Wells Fargo Reflect Card: Maximizing Savings

Best for: Longest 0% intro period

Credit Card Wells Fargo

★★★★★ 4 Nerd Money review

★★★★★ 4 Nerd Money review

Recommended credit score: 670-850

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on Wells Fargo’s secure site

See Rates & Fees

Annual Fee:

$0.00

Regular APR:

0% intro APR for 21 months from account opening on purchases and qualifying balance transfers

Why We Like It

The Wells Fargo Reflect® Card offers maximum breathing room for paying off a big purchase, with an intro APR period approaching two years.

Pros & Cons

Pros: Unlike most competitors, this card offers the same length of intro APR period on both purchases and qualifying balance transfers.

The card comes with cell phone protection against damage or theft (up to $600, subject to a $25 deductible, when you pay your monthly phone bill with the card).

Cons: The card's balance transfer fee is relatively high. A lower-fee card could save you more overall, even if it carries a shorter intro APR period.

There’s no rewards program, so the card has limited long-term value.

Product Details

Select "Apply Now" to take advantage of this specific offer and learn more about product features, terms and conditions.

0% intro APR for 21 months from account opening on purchases and qualifying balance transfers. 18.24%, 24.74%, or 29.99% variable APR thereafter; balance transfers made within 120 days qualify for the intro rate, BT fee of 5%, min $5.

$0 Annual Fee.

Up to $600 of cell phone protection against damage or theft. Subject to a $25 deductible.

Through My Wells Fargo Deals, you can get access to personalized deals from a variety of merchants. It's an easy way to earn cash back as an account credit when you shop, dine, or enjoy an experience simply by using an eligible Wells Fargo credit card.

The Wells Fargo Reflect Card represents a significant innovation in the credit card market, offering an excellent option for consumers aiming to maximize their savings while managing their finances efficiently. 

This card combines flexibility with an attractive rewards structure, making it ideal for a wide range of customers, especially those focused on reducing interest costs.

Complete Overview about Wells Fargo Reflect Card

Developed by the well-established Wells Fargo bank, known for its broad array of financial products and personalized credit solutions, the Reflect Card targets financially savvy and disciplined consumers. 

This card is particularly designed for those who appreciate simplicity and efficiency in a credit card, without sacrificing the perks and rewards.

Rewards Information

Unlike many cards that focus on points or miles, the Wells Fargo Reflect Card emphasizes benefits through its APR and fee structure. 

While it does not offer traditional rewards like points on spending, the card compensates with extremely attractive promotional APR periods, which can lead to significant interest savings for cardholders.

Benefits Information about  Reflect Card

The benefits of owning a Wells Fargo Reflect Card are numerous and include:

Extended low APR periods: It offers one of the longest promotional APR periods in the market, ideal for those needing time to pay off debts or large purchases without accruing interest.

Purchase protections: Includes insurance and protections for purchases made with the card, offering peace of mind in case of issues.

Consumer assistance services: Access to assistance services that can help in emergency situations or to resolve billing disputes.

Important Card Information

APR: The Wells Fargo Reflect Card offers a 0% promotional APR for purchases and balance transfers for an initial period of up to 18 months, which can be extended to 21 months if minimum monthly payments are made on time.

Credit Score Required: Generally requires a good to excellent credit score, typically defined as scores above 670.

Annual Fee: This card has the advantage of charging no annual fee, making it an economical choice for many consumers.

Pros and Cons of the Wells Fargo Reflect Card

Pros:

Extended 0% APR Period: Offers one of the longest introductory 0% APR periods for purchases and balance transfers, potentially up to 21 months if conditions are met.

No Annual Fee: This makes it an economical choice for users who want to save on costs.

Purchase Protections: Provides various protections on purchases, adding value and security for cardholders.

Flexible for Debt Management: Ideal for those looking to consolidate debt or make large purchases with a plan to pay them off during the introductory APR period.

Consumer Assistance Services: Offers access to services that can help in emergencies or disputes, enhancing customer support.

Cons:

Lack of Reward Points or Cash Back: Does not offer points, miles, or cashback rewards, which may be a downside for users who value earning rewards on their spending.

High Credit Score Requirement: Generally requires a good to excellent credit score, which may limit accessibility for some potential users.

APR After Promotional Period: Once the introductory APR period ends, the standard APR can be relatively high, which might not suit those who carry balances long-term.

Limited to Wells Fargo Customers: Some benefits and features may be more accessible or exclusively available to existing Wells Fargo customers.

The Wells Fargo Reflect Card stands out as an excellent choice for individuals looking for a credit card with an extensive low APR period, no annual fee, and benefits focused on interest cost savings.

 Ideal for those with large balances to transfer or planning significant purchases to be paid over time. 

Although it doesn’t offer traditional rewards in points or miles, its features are particularly valuable for those focused on improving their financial health and saving on interest costs. 

In summary, the Wells Fargo Reflect Card is a solid choice for prudent consumers who value financial flexibility and savings.