Learn How To Upgrade To Unsecured Credit
We’ll periodically review your account and recent credit history for an opportunity to upgrade to an unsecured business credit card. You may become eligible with responsible use over time:
- Whether and when you upgrade to an unsecured business credit card depends on a number of factors, including how you manage your Business Secured Credit Card account, other accounts, and other factors such as FICO® Credit Score, payment history and ratio of credit card usage to credit limit.
- There is no preset time frame for when you may get an upgrade into an unsecured business credit card. The upgrade is not offered automatically or guaranteed, regardless of how long the account has been open.
- The Bank may hold collateral for up to 30 days following account closure in order to cover transactions that may be posted to the credit card account after it is closed.
How Do I Complete My Saved Application
To complete your saved application, sign on to Access Your Application or use the Finish Application/Check Status link on the Personal Loans and Credit menu of the Home page or refer to the email sent to you, which contains information for accessing your saved application.
To retrieve a saved application, you will need to have the following information:
- Last name
- Date of birth
- Last 4 digits of your Social Security number
- Access Code or, if you are an existing Wells Fargo Online customer, your Wells Fargo Online username and password
Once you enter the above information, you will be taken to the application where you can continue to enter your information. If you have more than one saved application, you will be taken to the Your Applications page. You can then select the application you would like to retrieve.
Verdict: A A Solid Option For Small Business Owners
The Wells Fargo Business Platinum Credit Card is a solid $0 annual fee business rewards card with plenty of flexibility. One unique feature: The card allows you to choose a rewards program based on whether you prefer to get cash back or points. With an intro 0% APR for 9 months on balance transfers and intro 0% APR for 9 months on purchases , the card may also be a good option for business owners who want to finance a big purchase.
The downside of this flexibility? Comparing the two rewards program options and earning potential may be confusing, especially for business owners with inconsistent expenses. For example, you earn a low 1 point per dollar spent with the points program, but you get a 1,000-point bonus each month you spend at least $1,000 on the card.
The card is designed for businesses with annual sales up to $2 million, and allows you to add up to 99 employee cards for free. As such, the Wells Fargo Business Platinum Credit Card may not be a fit for larger or rapidly growing businesses with more than 100 employees.
Also Check: Cabelas Visa Cash Advance
How Do I Customize The Design Of My Card
To customize the design of your card, simply sign on to access Card Design Studio.
Personal Credit Cards with Multiple Cardholders
If you have a personal credit card with multiple cardholders, we recommend that you customize all cards on the account within the same session to avoid processing delays.
Wells Fargo Secured Visa Cards Main Highlight: $10000 Credit Limit
Every secured credit card is different but one thing they tend to have in common is a low credit limit.
What sets the Wells Fargo Secured Visa apart is the fact that you can get a credit limit as high as $10,000 if youre able to come up with the cash for the deposit.
So why is a high credit limit so important? It all has to do with your credit score and how its calculated.
While 35% of your FICO score is based on how good you are at paying your bills on time, 30% is based on how much debt you have compared to your total credit line. This is called your credit utilization ratio.
Ideally, you want to use 30% or less of your credit limit at any given time. Getting a secured credit card with a $10,000 limit can work in your favor if youre not charging up a big balance.
Paying off your purchases in full each month can improve your score that much faster.
You May Like: Ucbbucks Com
Wells Fargo Cash Wise Visa Card Application Process
If you think the Wells Fargo Cash Wise Visa Card suits your needs, you can apply for the said deal. To be eligible, youll need to be a U.S. citizen or a permanent resident alien with a valid Social Security Number without restrictions or an Individual Taxpayer Identification Number . Youll also need to have good or excellent credit to be approved.
If you meet all these criteria, you can start your application by visiting the Wells Fargo official site. From its home page, select Banking and Credit Cards, and choose . Look for the Cash Wise Visa Card, and then click Apply now.
You will be asked to fill out a form and may even need to submit your drivers license or other identifying information. Once finished, submit your application and wait for the bank to review the information you provided.
You will later receive the status of your application on the confirmation page. Check your email for a confirmation. If your application has been approved, the confirmation page and email will display your credit limit.
Looking For Tips News And In
A guide to the Wells Fargo Go Far® Rewards program
How to earn Go Far Rewards and maximize their value
Booking a trip through Wells Fargo Go Far® Rewards
How to make sure you are getting the best deal on your next vacation
All information about the Wells Fargo Visa Signature Card, the Wells Fargo Rewards Card, the Wells Fargo Cash Wise Visa® card, the Wells Fargo Platinum and the Wells Fargo Cash Back College Card have been collected independently by CreditCards.com and has not been reviewed by the issuer. The Wells Fargo Platinum card is no longer available.
Read Also: Credit Card Ulta
Theres A Path To Upgrading To An Unsecured Card
Wells Fargo evaluates secured card accounts periodically to see if the cardholder would be eligible for an upgrade to a more traditional unsecured card. Actions like making on-time bill payments and spending less than your credit limit can help make your case for an eventual upgrade. Theres no specific timeline for this decision.
As you monitor your credit score over time, it may reach a level where youd potentially qualify for a wider variety of unsecured cards. You can bypass Wells Fargos schedule and shop around for a new card on your own. A FICO score of 630 or higher can increase your options.
Can I Preview Or Store My Uploaded Images Online
You will only be able to preview your uploaded image and selected design during the customization process. Once your image has been approved, Wells Fargo will keep the image on file for as long as you decide to use it on your card. If you choose to remove your customization or select a new customization, your original image will no longer be available. If your card is reissued or replaced, the new card will feature your current customization.
You May Like: Pay Bestbuy Card
How Do I Use My Credit Card At Atms
A Personal Identification Number assigned to your Wells Fargo Credit Card account will enable you to get a cash advance at Wells Fargo ATMs, as well as participating ATMs worldwide. You can access up to $500 per day from your credit card account. These transactions constitute cash advances on your credit card account. Transaction fees will apply and the APR for Cash Advances will be charged.
To request or customize a PIN, please call the number on the back of your card.
Bank Of America Vs Wells Fargo
Bank of America is almost twice the size of Wells Fargo . But as far as banks go, they each have unique credit products.
Bank of America is known for extra rewards and benefits for banking clients with higher bank balances, while Wells Fargo has some surprisingly good rewards cards for travel.
Heres how the issuers compare in areas like customer experience, rewards flexibility and credit card offerings.
You May Like: First Premier Bank Gold Credit Card
Is The Wells Fargo Active Cash Card Right For You
The Wells Fargo Active Cash Card is a top choice among flat-rate credit cards. Its rich yet straightforward rewards rate means it can be ideal as either a single-card solution or as part of a multicard system, and it comes with incentives not usually found on other 2%-back cards. In short, it’s hard to beat.
Why You Can Trust Bankrate
At Bankrate, we have a mission to demystify the credit cards industry regardless or where you are in your journey and make it one you can navigate with confidence. Our team is full of a diverse range of experts from credit card pros to data analysts and, most importantly, people who shop for credit cards just like you. With this combination of expertise and perspectives, we keep close tabs on the credit card industry year-round to:
- Meet you wherever you are in your credit card journey to guide your information search and help you understand your options.
- Consistently provide up-to-date, reliable market information so you\’re well-equipped to make confident decisions.
- Reduce industry jargon so you get the clearest form of information possible, so you can make the right decision for you.
At Bankrate, we focus on the points consumers care about most: rewards, welcome offers and bonuses, APR, and overall customer experience. Any issuers discussed on our site are vetted based on the value they provide to consumers at each of these levels. At each step of the way, we fact-check ourselves to prioritize accuracy so we can continue to be here for your every next.
Recommended Reading: Cabelas Cc
Build Business Credit History With Wells Fargo
Things you need to know about building business credit with Wells Fargo:
- Wells Fargo reports your payment and usage behavior to the Small Business Financial Exchange.
- Payment and usage activity of the Wells Fargo Business Secured card is not reported to the consumer credit bureaus, therefore it will not help build or rebuild personal credit history.
- Make monthly payments on time, every time. Paying late or missing a payment can hurt your business credit.
- Pay more than the minimum each month if you can. When you pay less than the balance, your balance accrues interest, which must be paid along with the principal balance.
- Keep your balance low, but use your card and pay on time in order to help build business credit.
- Stay within your credit limit.
- Only charge what you can afford to pay back.
What If I Forgot My Access Code
Sign on to Access Your Application and click the link Resend Access Code email. Enter your email address and click the Resend Email button. Your access code will be sent to you in an email.
You can also access the Access Your Application page by clicking on the Access Applications in Progress link on the Accounts menu of the home page or the Complete My Application link in the email sent to you.
Read Also: Cabelas.com Activate
Can I Switch My Credit Card And Rewards
Yes. If youre a primary or secondary Visa® cardholder, you may be eligible to switch your credit card to better fit your needs. No need to submit another application, undergo a credit check, or change your account number. Heres how:
- Sign on to your account
- Select your current credit card
- Under More Services, choose Switch My Credit Card
Youll receive a new card in the mail and any rewards balance will transfer to the new card.
What Is The Best Wells Fargo Credit Card To Apply
There is not a best credit but there is a good credit score. If you have a good credit score, you can always get better cards. We have introduced some Wells Fargo cards for you in CreditCardKarma for you. You can check some of cards that we like.
- Cash Wise Visa: Good cash back rates and unlimited.
- Visa Signature: If you are looking for a sign-up bonuses, we recommend it.
Recommended Reading: Cabela’s Gift Card Balance
How We Picked The Best Wells Fargo Credit Cards
Research methodology: We analyzed Wells Fargos catalog of credit cards to identify their top offers on the market. While a large number of factors contribute to the quality of a credit card, the following were our most important criteria in evaluating and choosing the best here:
- Terms of 0% intro APR period: Wells specializes in 0% APR offers for both purchases and balance transfers. We looked for their longest offers on the market and considered their after-offer APRs when narrowing down cards.
- Available rewards: With not all of their cards earning rewards, we made sure to include choices that do give their cardholders a little incentive for their spending. We found sign-up bonuses and solid rewards and included those options here.
- Rates and fees: We looked for Wells Fargos no annual fee options as well as ones that have reasonable ongoing APRs, avoid hidden fees and unnecessary charges, and arent overly costly for executing a balance transfer.
Our full criteria include: Rewards flexibility, sign-up incentives, balance transfer fees, regular APR, savings period, credit needed, security, ease of application, rewards potential and miscellaneous benefits.
Wells Fargo Reflect Card: Best For Longest Intro Apr
Why we picked it: This card from Wells Fargo now touts one of the longest introductory APR offers on the market, offering up to 21 months from account opening of 0% introductory interest on purchases and qualifying balance transfers. Theres a base 18 months, plus a three-month extension if you make on-time monthly minimum payments for the length of the intro offer .
Pros: While there are no base rewards on spending, the card does tout a few notable ancillary benefits, including access to My Wells Fargo Deals and up to $600 in cellphone protection if you use the card to pay your monthly phone bill .
Cons: Those base rewards might not be enough to entice cardholders who are looking for a card with significant long-term value. However, the real drawback here is the balance transfer fee, which can be as high as 5% if you dont transfer the balance within 120 days of account opening.
Who should apply? If youre looking for a long window to pay back high-interest credit card debt or a large purchase, look no further.
Who should skip? Anyone looking to earn cash back, points or miles should look elsewhere. This card doesnt feature a rewards program.
Read our Wells Fargo Reflect Card review.
You May Like: How Does Fingerhut Monthly Payments Work
Wells Fargo Cash Wise Visa Card Features
The Wells Fargo Cash Wise Visa Card is designed to let users maximize their purchases, and it offers an impressive cash rewards rate that helps make your transactions worthwhile.
Specifically, for every $1 spent in net purchases using this credit card, you may earn 1.5% in cash rewards. You may also be granted a $150 cash rewards bonus if you spend a total of at least $500 in net purchases within the first 3 months of your account opening.
On top of that, this also comes with no annual fee and a 0.00% introductory APR for 15 months from the date of your account opening. Cash rewards do not expire, so you dont have to worry about spending them right away.
Verdict: A Great Card Those Who Frequently Book With Hotelscom
The Hotels.com® Rewards Visa® Credit Card is a match for budget savvy travelers, as well as new travelers and those who aren’t loyal to any hotel brand.
The Hotels.com® Rewards Visa® Credit Card offers the flexibility to earn rewards for everyday spending and then cash them in at one of over 500,000 properties in more than 200 countries through Hotels.com.
Still, the card may not be the right choice for frequent travelers or those who prefer to book directly with hotels. While platforms like Hotels.com can be convenient and allow for quick and easy comparison of lodging options, experienced travelers know there are benefits to cutting out the middleman when you book a hotel stay.
Recommended Reading: Pay My Ashley Stewart Bill
What If The Image I Want To Upload Doesnt Meet The File Format File Size And Pixel Dimension Guidelines
Certain disposable cameras, mobile phones, and other picture-taking devices dont produce high-quality, high-resolution images. As a result, you may not be able to alter the file to make it meet the guidelines.
Sometimes you can successfully alter your image files using a photo software application from your camera company or another photo-editing tool.
Wells Fargo Credit Card Features
Most of the Wells Fargo credit cards share at least a few basic product features to help improve your experience as a cardholder. Check your cards documentation and Guide to Benefits once youve received it for more information on the exact selection of benefits youll have at your disposal.
Benefits you can expect to see may include:
Don’t Miss: Apply For Bestbuy Credit Card
Does Wells Fargo Offer Preapproval For Credit Cards
Wells Fargo allows you to check for pre-selected offers online. Go to the Wells Fargo , click “Check for pre-selected offers” and enter your name, address and the last four digits of your Social Security number. A pre-selected offer doesn’t mean you’re guaranteed to get approved, but it’s an encouraging sign.