Wells Fargo Reflect® Card
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Wells Fargo Reflect® Card
Our experts awarded Best 0% Intro APR Credit Card and Best Balance Transfer Credit Card to the Wells Fargo Reflect® Card in 2022. (See rates and fees.) And it's not hard to figure out why.
The Wells Fargo Reflect® Card offers one of the longest 0% intro APR periods for purchases and balance transfers that we've seen. New cardholders get 0% intro APR on purchases and qualifying balance transfers for 21 months from account opening, and then the go-to rate of 18.24%, 24.74%, 29.99% variable APR.
You'll effectively get a nearly two-year break on interest, which can help you pay off credit card debt faster and avoid interest on new purchases.
On top of the lengthy 0% intro APR period, this card offers a balance transfer fee of 5% or $5 (whichever is greater) for transfers requested in the first 120 days of account opening.
Simply put, you'd be hard pressed to beat this card if you're looking to temporarily avoid credit card interest.
2022 Award Winner
Winner of best 0% intro APR credit card and best balance transfer credit card!
Intro APR 0% intro APR, 21 months from account opening on qualifying balance transfers
Purchases: 0% intro APR, 21 months from account opening
Balance Transfers: 0% intro APR, 21 months from account opening on qualifying balance transfers
0% intro APR for 21 months (on both purchases and balance transfers) -- This is where the Wells Fargo Reflect® Card is hard to beat.
It's worth noting that the intro APR applies to balance transfers made within the first 120 days of opening the account. There is also a balance transfer fee of 5% ($5 minimum). Those fee amounts are standard among balance transfer credit cards.
No annual fee -- The Wells Fargo Reflect® Card cuts fees in the right places. Case in point, the card has no annual fee.
Cellphone protection -- When you pay your monthly cellphone bill with your eligible Wells Fargo credit card, you get up to $600 of cellphone protection against damage or theft (subject to a $25 deductible). This is one of those underrated credit card perks. You don't need to pay for cellphone insurance out of pocket, since this card includes protection already.
Special offers -- Through My Wells Fargo Deals, you can earn cash back statement credits on shopping, dining, and experiences that you pay for with your eligible Wells Fargo card.
To get the most value out of this card, it is best to make any balance transfers during the intro fee period so that you have a lower balance transfer fee to pay.
With the quality benefits the card offers, it's primarily aimed at consumers who have a credit score of 670 or better.
If your priority is a long 0% intro APR, the Wells Fargo Reflect® Card clearly outshines the competition. The 21-month 0% intro APR on purchases is a smart move if you have big expenses coming up or you need to spread out the cost of purchases over time, yet still avoid interest on them during the intro period (but remember to pay it off before you start accumulating interest).
And if you're looking to transfer a current balance, it's hard to find a better pick. Add it all up and it's easy to see why our experts rate this card a perfect 5 stars, and a top card in its category.
Credit cards with rewards and 0% intro APR offers are excellent, but remember, they are a tool to help you get the most out of your spending. The Ascent motto to follow:
Follow this and you'll be making your money work overtime for you. Live richly, not risky.
Paying down credit balances is the fastest way to improve your FICO® Score. That's because 30% of your credit score is based on how much of your available credit you're using. Your credit utilization is reported monthly, which means paying off debt could improve your credit score in one month!
Purchases: 0%, 12 months
Balance Transfers: 0%, 21 months
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