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Wells Fargo Reflect® Card
- Our Rating 4/5 How our ratings work
- APR 18.24%, 24.74%, 29.99% (Variable)
- Annual Fee$0
- Welcome Bonus $0
Anyone looking to make a large purchase will appreciate the Wells Fargo Reflect Card’s intro 0% APR promotion, which lasts for 21 months and applies to both new purchases and qualifying balance transfers. After the intro 0% APR offer concludes, a 18.24%, 24.74%, 29.99% variable APR will apply based on creditworthiness. It also includes perks like cellphone protection, roadside dispatch assistance and admittance into My Wells Fargo Deals to activate cash rewards deals with select retailers and restaurants.
An Excellent Choice for Balance Transfers
If you’re planning on making a large purchase or you’re hoping to pay down existing high-interest credit card debt, the Wells Fargo Reflect® Card (rates & fees) should be on your radar. While the card does not earn you rewards or come with a welcome offer, you can access its highly competitive offer of 0% intro APR for 21 months (a 18.24%, 24.74%, 29.99% (Variable) APR thereafter applies). This offer can feel like a lifesaver for people who are looking for a solution to their credit card debt or those looking to make a sizable purchase in the near future.
Here’s what you should know about the card, including benefits and drawbacks, and how to determine if it’s the right fit for you.
Pros
- Ideal for intro APR offer and balance transfers
- Cellphone protection against damage and theft when you pay your recurring monthly bill
- No annual fee
Cons
- No earnings categories or rewards
- Limited cardholder benefits
0% Introductory APR on Purchases
The card's highlight — and the main real reason to get it — is its introductory APR promotion. As a default, the card offers an introductory 0% APR on purchases for 21 months (then a standard variable APR of 18.24%, 24.74%, 29.99% (Variable) applies depending on creditworthiness).
This offer is in line with similar cards like the Citi Simplicity® Card and the Citi® Diamond Preferred® Card, both from our partner Citi, which offer similar terms.
To give you an idea of how much you could save, here's an example:
- You make a $5,000 purchase at an 18.99% APR on your card. If you planned to pay off the balance within 21 months, your monthly payment would be $281.71, and you'd pay $915.85 in interest over that time.
- With the introductory period 0% APR, your monthly payment would be roughly $238.10, and you'd save the full $915.85 in interest charges. Even if you have a small balance at the end of the promotional period, you'll only pay interest on the remaining balance.
0% Introductory APR on Balance Transfers
The Wells Fargo Reflect® Card's introductory 0% APR promotional period also extends to qualifying balance transfers, making it a solid choice for debt consolidation. Keep in mind, though, that there’s a balance transfer fee of 5% for each balance transfer, with a minimum of $5. Once again, once this card's introductory 0% APR offer concludes, its standard APR is 18.24%, 24.74%, 29.99% (Variable) based on creditworthiness.
It's important to keep in mind, though, that you won't know what your credit limit on the card will be until you've actually opened the account. So it's possible that you won't be able to transfer your full balance from another card.
No Annual Fee
The Wells Fargo Reflect® Card doesn't charge an annual fee, which is par for the course for this type of balance transfer card. That means you can hold onto the credit card after the promotional period is over, even if you don't plan to use it. Keeping older credit card accounts can help improve your credit score, though you may need to put a purchase on the card now and then to keep it active.
Recommended No-Annual-Fee Credit Cards
| Credit Card | Intro Bonus | Rewards Rate | Learn More |
|---|---|---|---|
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$200Cash Bonus
Earn $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back. |
2%Cashback
Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. To earn cash back, pay at least the minimum due on time. Plus, for a limited time, earn 5% total cash back on hotel, car rentals and attractions booked on the Citi Travel℠ portal through 12/31/24. |
Apply Now Rates & Fees |
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1.5%Extra Cash Back
Earn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year) — worth up to $300 cash back. That's 6.5% on travel purchased through Chase Travel, 4.5% on dining and drugstores, and 3% on all other purchases. |
1.5% - 5%Cashback
Enjoy 5% cash back on travel purchased through Chase Travel, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases. |
Apply Now |
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$200Cash Bonus
Earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months. |
2%Cashback
Earn unlimited 2% cash rewards on purchases. |
Apply Now Rates & Fees |
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20,000Points
Earn 20,000 bonus points when you spend $1,000 in purchases in the first 3 months - that's a $200 cash redemption value. Dollar Equivalent: $200 (20,000 Points * 0.01 base) |
1x - 3xPoints
Earn unlimited 3X points on the things that really add up - like restaurants, travel, gas stations, transit, popular streaming services, and phone plans. Plus, earn 1X points on other purchases. |
Apply Now Rates & Fees |
Other Fees
Although there is no annual fee for the Wells Fargo Reflect® Card, other fees can apply, including foreign currency conversion fees, late fees, balance transfer fees, and more.
See the Rates & Fees for more details.
Recommended Credit Score
This card is designed for people with good credit or better, which means having a FICO score of 670 or higher. Note, however, that individual credit card issuers may have their own credit criteria, so if you're just barely above 670, that's not a guarantee you'll get approved.
For the best chance of getting approved with a solid credit limit, it's best to have a high credit score and a low debt-to-income ratio, which is the percentage of your gross monthly income that goes toward debt payments.
Card Benefits
For the most part, the card's added perks are nothing to write home about. However, there are some that can come in handy.
- Cellphone Protection: If you use your Wells Fargo Reflect® Card to pay your phone bill, you can get reimbursed up to $600 per claim for repair or replacement on eligible damaged or theft. There's a $25 deductible per claim, and you can only file up to two claims per 12-month period.
- Roadside Dispatch: If you're stranded on the road, this perk makes it easy to get the help you need. While you'll need to pay for the actual service you receive, your card can make the process go more smoothly. It includes things like towing, tire changing, jump-starting, lockout service, fuel delivery and standard winching.
- My Wells Fargo Deals: In your online account or mobile app, you'll be able to search and activate cash rewards deals with select retailers and restaurants. If you take advantage of a deal, you'll get your rewards in the form of a statement credit.
Alternatives to the Wells Fargo Reflect® Card
While the Wells Fargo Reflect® Card is a solid card with a competitive intro APR offer, there are other balance transfer cards out there with similar promotions and that offer rewards on your spending.
Recommended Balance Transfer Credit Cards
| Credit Card | Intro APR | APR | Rewards Rate | Learn More |
|---|---|---|---|---|
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0% for 21 months on balance transfers and 12 months on purchases
New cardholders receive 21 months of 0% introductory APR from the date of first transfer and 0% Intro APR for 12 months on purchases from date of account opening. After that the variable APR will be 18.24% - 28.99%, based on your creditworthiness. There is a balance transfer fee of either $5 or 5% of the transfer amount, whichever is greater. |
18.24% - 28.99% (Variable) | N/A |
Apply Now Rates & Fees |
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0% for 18 months on Balance Transfers
New cardholders enjoy 0% introductory APR on all balance transfers for the first 18 months of account opening. After that, the variable APR will be 19.24% - 29.24%, based on your creditworthiness. Balance transfers do not earn cash-back rewards and are charged an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first four months of account opening. After that, the fee will be 5% of each transfer (minimum $5). |
19.24% - 29.24% (Variable) |
2%Cashback
Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. To earn cash back, pay at least the minimum due on time. Plus, for a limited time, earn 5% total cash back on hotel, car rentals and attractions booked on the Citi Travel℠ portal through 12/31/24. |
Apply Now Rates & Fees |
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0% intro APR for 21 months
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. |
18.24%, 24.74%, 29.99% (Variable) | N/A |
Apply Now Rates & Fees |
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0% intro APR for 15 months
0% intro APR for 15 months from account opening on purchases and qualifying balance transfers. 20.24%, 25.24%, or 29.99% Variable APR thereafter; balance transfers made within 120 days qualify for the intro rate and fee of 3% then a BT fee of up to 5%, min: $5. |
20.24%, 25.24%, or 29.99% (Variable) |
2%Cashback
Earn unlimited 2% cash rewards on purchases. |
Apply Now Rates & Fees |
Should You Get the Wells Fargo Reflect® Card?
The Wells Fargo Reflect® Card offers the longest introductory 0% APR promotion – then 18.24%, 24.74%, 29.99% (Variable) – that we know of, and you'll get it on both purchases and balance transfers. It's an excellent option if you have plans to make a large purchase or need to pay down existing credit card debt. After the promotional period is over, though, the card doesn't provide a lot of value.
Depending on how much you need to pay down, consider other 0% APR credit cards that offer rewards for more ongoing value, even if their introductory 0% APR periods are shorter.
Ready to apply? Start here.
FAQs
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Some users report a credit limit as low as $1,000 for the Wells Fargo Reflect® Card, but this amount will vary depending on many factors, such as your credit score, income, history and banking relationship. Once you've had the card for at least six months, you can request to have a credit line increase if you need a higher limit. Note that approval is not guaranteed.
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No, the Wells Fargo Reflect® Card does not earn you rewards on your spending. The main attraction of the card is its introductory offer. If you want to earn rewards, consider a rewards credit card
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The Wells Fargo Reflect® Card is recommended for people with good credit, or at least a FICO score of 670 or higher to increase your odds of approval. Wells Fargo considers numerous factors when approving credit card applications, so even if you do have a high credit score, you're not necessarily guaranteed approval.
Ben Luthi
Ben Luthi is a personal finance and travel writer and credit card expert. He has a degree in finance from Brigham Young University and worked in financial planning, banking and auto finance before writing full-time for NerdWallet and Student Loan Hero. Ben is now a full-time freelance writer and enjoys traveling and spending time with his two kids. His work has appeared in several publications, including U.S. News & World Report, USA Today, Money, Success and Slickdeals.
