Wells Fargo offers great credit card benefits that make their cards worth considering. Take a look at all the unique benefits Wells Fargo offers.

Wells Fargo is a national bank that was founded in 1852. One of Wells Fargo’s many product offerings is credit cards. Just because Wells Fargo is a big, national bank, doesn’t mean they don’t offer unique benefits to their credit card holders.

In fact, the bank has quite a few handy credit card features that may make you want to consider signing up for a credit card account.

That said, you should be aware that even though these features exist on at least one Wells Fargo credit card, they don’t exist on every Wells Fargo credit card. If one of these benefits is particularly important to you, make sure you check that the credit card you’re considering applying for offers the specific benefit before you apply.

1. My Spending Report

My Spending Report

The My Spending Report feature allows you to track your spending, income, deposits, payments, and withdrawals so you can better understand how your finances are working based on the activity in your Wells Fargo accounts.

It helps you get a big picture view of your finances so you can figure out where you need to make adjustments. The tool provides interactive charts and graphs to help you stay on budget, too.

2. Budget Watch

Budget Watch

The Budget Watch feature allows you to dive deeper into your spending than the My Spending Report. You can set up an online budget and compare your spending from your Wells Fargo accounts to that budget.

The report is updated every business day, so you’ll get frequent updates to help you stick to your budget.

3. Advance access

The Wells Fargo Propel American Express® card offers advance access to concert, theater, and special event tickets before they go on sale to the public through American Express Presales.

These tickets are available to all American Express Cardholders and must be purchased with an American Express card. While you can get tickets early, not all seats are available and blackout dates may apply.

4. Go Far Rewards offers multiple redemption options 

Go Far Rewards

Some of Wells Fargo’s credit cards allow you to earn Go Far Rewards. After you earn enough rewards, you can redeem them for cash, gift cards, merchandise, digital downloads, and online auctions for items like hot concert tickets, top sporting events, merchandise, or vacations.

In addition, you can use the points to book travel, including flights, cruises, luxury vacations, and unique experiences. If you’d prefer to use your rewards to pay down debt, you can redeem them for a credit to eligible Wells Fargo loans, but you’ll still have to make your regularly scheduled payments.

5. One card offers higher redemption rates for airfare

The Wells Fargo Visa® Signature card offers 50 percent more value for your points when they are redeemed for airfare.

You must redeem your points to purchase flights through Go Far Rewards in order to qualify for this bonus. Even if this is slightly inconvenient, it can turn 20,000 points into a $300 flight.

6. Share rewards

If you’re feeling generous, you can share your Go Far Rewards points with others in a few ways.

You can gift them to friends and family that also have a Go Far Rewards account. Another option is pooling rewards with others. This way, a group of people can save up enough rewards to pay for a big item like a wedding gift for a special couple.

Finally, you can donate your Go Far Rewards points to causes and organizations important to you, like the American Red Cross.

7. Automatic cash back redemptions

The Wells Fargo Cash Back College Card offers the ability to have the cash back you earn automatically deposited into your Wells Fargo savings account.

This feature kicks in once you have in cash back $25 available. This can make sure you never forget to redeem your rewards.

8. Cell phone protection

The cell phone protection feature offers up to $600 of cell phone protection for damage and theft, but not for phones that are lost.

In order to qualify, you have to pay your monthly cell phone bill with your eligible Wells Fargo card and pay a $25 deductible. You can make up to two claims per 12 month period with a limit of $600 per claim.

9. Free FICO Score with Wells Fargo Online

As a Wells Fargo customer, you’ll gain access to your FICO Credit Score for free. To qualify for this, you must be the primary account holder of a qualifying account and be enrolled in Wells Fargo online banking.

10. Auto rental collision damage waiver

Your Wells Fargo card may offer auto rental collision damage waiver coverage when you rent a car. The feature will vary depending on whether Visa or American Express issues your particular Wells Fargo card, so check your guide to benefits to see how this feature works with your particular card.

Be aware, there are usually limitations to this coverage. Regardless of which issuer issues your card, it can save you money from buying potentially unnecessary car rental insurance coverage you may already have with your Wells Fargo card.

11. Roadside dispatch 

Your eligible Wells Fargo Visa card offers a roadside assistance program that includes standard towing up to five miles, tire changing, jump-starting, lockout service (but no key replacement), fuel delivery of up to five gallons plus the cost of the fuel and standard winching.

Currently, the fee is $69.95 per service call, not including extra costs mentioned above. There are other limitations and potential fees notated in your guide to benefits.

12. Travel and emergency assistance services

Eligible Wells Fargo Visa cards offer travel and emergency assistance services to connect you with local emergency and assistance services including:

  • Emergency message service.
  • Medical referral assistance.
  • Legal referral assistance.
  • Emergency transportation assistance.
  • Emergency ticket replacement.
  • Lost luggage locator service.
  • Emergency translation services.
  • Prescription assistance and valuable document delivery arrangements.
  • Pre-trip assistance.

While you will be connected with services that can help you, any charges incurred for the services are typically your responsibility.

13. Travel accident insurance

You may be covered by a $1,000,000 worldwide automatic common carrier (airlines are a common example) travel accident insurance policy if you put your common carrier ticket purchase on an eligible Wells Fargo Visa credit card. The details of the policy are complex, so check your guide to benefits for more details. 

14. Lost luggage reimbursement

Lost luggage reimbursement can pay you for the difference between what the common carrier pays you for your lost luggage and the value of the amount claimed. This coverage will pay up to $3,000 per covered trip or $2,000 per covered trip if you’re a New York resident.

To be covered, your common carrier tickets must be paid for with your eligible Wells Fargo Visa card. For more details about how this benefit works, see the guide to benefits for your eligible card.

15. Purchase security 

If an item you’ve bought is stolen or damaged due to fire, vandalism, accidentally discharged water or certain weather conditions within 90 days after purchase, your eligible items may be repaired, replaced or you may be refunded for the purchase price. You must make the purchase on an eligible Wells Fargo Visa credit card to use this benefit.

16. Price protection 

Price protection will refund you the difference between the price you paid and a lower advertised price within 60 days of purchase, but you must make the claim within 10 days of the printed advertisement. You have to complete the entire purchase for the item with an eligible Wells Fargo Visa credit card. You can be reimbursed up to $250 per item and $1,000 per year.

17. Extended warranty protection

Eligible Wells Fargo Visa credit cards may extend a manufacturer’s warranty by an additional 12 months for warranties three years or shorter.

The maximum benefit is $10,000 per claim and $50,000 per cardholder, but there are plenty of exclusions and requirements to qualify for this coverage. Read the fine print of your card’s benefits for more details.

Wells Fargo credit cards to consider

 

If the Wells Fargo credit card benefits sound like something you’re interested in, make sure to take a look at the below credit cards.

Not all of the above benefits are included on every Wells Fargo credit card, so read the terms and conditions carefully before you apply.

Disclaimer – The information about the Wells Fargo Propel American Express card has been collected independently by MoneyUnder30.com. The card details have not been reviewed or approved by the card issuer.

The Wells Fargo Propel American Express® Card currently offers 20,000 bonus points when you spend $1,000 in purchases within the first three months of opening your account.

You can also earn 3x points per dollar spent on eating out, ordering in, gas, rideshares, transit, flights, hotels, homestays, car rentals and popular streaming services. You’ll earn one point per dollar spent on all other purchases.

Points have a cash redemption value of a penny each and you don’t have to pay an annual fee with this card. Your points have no earning limitations or expiration dates, either.

Disclaimer – The information about the Wells Fargo Cash Wise Visa card has been collected independently by MoneyUnder30.com. The card details have not been reviewed or approved by the card issuer.

The Wells Fargo Cash Wise Visa® card allows you to earn unlimited 1.5% cash rewards on your purchases with no annual fee.

During the first 12 months you have the card, you can earn 1.8% cash rewards on purchases made using a qualified digital wallet, including Apple Pay® and Google Pay™.

You can also earn a $150 cash rewards bonus after spending $500 in purchases during the first three months of opening your account. Your cash rewards won’t expire as long as your account remains open.

Summary

Wells Fargo offers plenty of great benefits that make their credit cards well worth considering.

All of the cards we mentioned above contain some combination of benefits, so make sure to check out each before you decide.

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About the author

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Lance Cothern is the founder of Money Manifesto, a personal finance blog that helps people to master their money so they can live their ideal life. In addition to blogging, he enjoys spending time at the beach with his family. You can connect with Lance on Twitter, Facebook, and LinkedIn.