Wells Fargo Autograph Card evaluate: Quality perks with no annual price

The Wells Fargo Autograph℠ Card gives 3 factors per greenback in widespread spending classes, simple factors redemptions at a flat fee and a number of other value-added advantages that are not frequent on playing cards with no annual price (see charges and charges). Card Rating*: ⭐⭐⭐

*Card Rating is predicated on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.

The Autograph card is right for many who desire a bank card with no annual price, in addition to journey and procuring protections and a top quality incomes construction.

It additionally works effectively for many who wish to spherical out their factors and miles technique with a card providing fixed-rate redemptions. Unfortunately, not all the things in life could be paid for with transferable factors. Using a card with fixed-rate redemptions may also help you “pay with factors” on life’s different bills.

The reality the Autograph Card has no annual price means there is no price for retaining it in your pockets, having fun with advantages like cellphone safety and free entry to your credit score rating, amongst different perks.

Here’s a better have a look at the Wells Fargo Autograph Card.

You can earn 20,000 bonus factors if you spend $1,000 or extra on purchases within the first three months from account opening. You can redeem factors with Wells Fargo Rewards at a worth of 1 cent every, making this bonus price $200.

It’s price noting that almost all Wells Fargo bank card functions have the next phrases:

You might not qualify for a further Wells Fargo bank card when you’ve got opened a Wells Fargo bank card within the final 6 months. We may restrict the whole variety of open Wells Fargo bank card accounts you’ve.

Thus, Wells Fargo will take into account whether or not you opened different playing cards prior to now six months and what number of bank cards you’ve with this financial institution earlier than deciding whether or not to approve your utility or concern the welcome bonus.

Related: The final information to bank card utility restrictions

With the Autograph Card, you will earn 3 factors per greenback at eating places, takeout, catering, meals supply companies, journey, gasoline, transit, eligible streaming companies and cellphone plans. You’ll earn 1 level per greenback on different purchases.

This represents a stable 3% return on spending, on condition that factors are redeemed at a worth of 1 cent every.

Related: The finest rewards bank cards for every bonus class

You have a number of choices for redeeming your factors at wellsfargo.com/rewards. You can redeem factors at a worth of 1 cent apiece as a press release credit score, for reward playing cards (in $25 increments) or to e-book journey, corresponding to flights, rental automobiles or lodge stays.

You can also redeem factors as a credit score to a qualifying Wells Fargo bank card, checking account or mortgage, plus you may pay with factors at taking part retailers, together with when utilizing PayPal to pay in your purchases on-line.

There are positives and negatives to this method to factors. The positives are that you simply by no means need to guess what your factors shall be price if you use them, and redeeming factors is easier if you need not decipher the very best makes use of of your factors. The damaging aspect is that you simply will not ever obtain a better redemption worth than 1 cent, which you are able to do with transferable factors.

It’s additionally price noting you could get a worth of 1.5 cents per level when redeeming factors for airfare when you’ve got Wells Fargo Visa Signature® Credit Card.

The info for the Wells Fargo Visa Signature has been collected independently by The Points Guy. The card particulars on this web page haven’t been reviewed or supplied by the cardboard issuer.

As a Visa Signature card, you will get pleasure from two built-in advantages with the Autograph card.

The Visa Signature Luxury Hotel Collection supplies elite-like advantages on lodge bookings made by means of its program, together with room upgrades on arrival (when accessible), a $25 meals and beverage credit score on the property, VIP visitor standing and complimentary breakfast for 2 every day.

The Visa Signature Concierge Service may also help you with journey bookings, restaurant suggestions and reservations or reserving tickets to an occasion.

Related: Everything it’s worthwhile to learn about Visa Signature card advantages

The Autograph Card additionally gives a number of protections on purchases made together with your card. Benefits embrace secondary auto rental collision injury waiver on leases if you pay for your entire transaction together with your card, 24/7 roadside dispatch, journey and emergency companies help, and free entry to your FICO credit score rating.

You additionally rise up to $600 of cellphone safety in opposition to injury or theft if you pay your month-to-month invoice with the Autograph Card. However, there’s a $25 deductible per declare and a restrict of two claims in a 12-month interval.

As a Wells Fargo cardholder, you will have entry to My Wells Fargo Deals for cash-back gives from varied retailers. You can also get an emergency money advance or emergency card substitute (inside 24 hours or as much as three days, relying on the place you might be) if the necessity arises.

• If you need Wells Fargo rewards with an easier incomes construction: The Wells Fargo Active Cash® Card earns money again within the type of Wells Fargo Rewards factors, which means you’ve entry to the identical factors because the Autograph card however while not having to concentrate to bonus classes. Instead, you will earn a vast 2% money again on purchases and nonetheless benefit from the as much as $600 of cellphone safety in opposition to injury or theft (topic to a $25 deductible) and credit score rating entry perks, and there is no annual price on this card (see charges and charges).
• If you need fixed-value factors with extra advantages: The Capital One Venture Rewards Credit Card earns a minimal of two miles per greenback on every buy, and you may redeem Capital One miles for journey, as a press release credit score, in opposition to journey purchases and when procuring on-line and extra. The card has a $95 annual price and you will get reimbursement in your utility price to Global Entry or TSA PreCheck.
• If you desire a related incomes construction with extra worthwhile factors: The Citi Premier® Card has a $95 annual price and earns 3 factors per greenback within the following classes: air journey, inns, gasoline stations, supermarkets and eating places (together with takeout). Along with cashing out your factors, you can also use ThankYou factors with almost 20 airline and lodge companions, plus you will nonetheless get pleasure from cellphone safety with this card.

It’s price evaluating the worth of getting a no-annual-fee card with one which has an annual price underneath $100, because the latter can present extra worth.

Read extra: Complete information to bank card annual charges

This card is a good alternative for these wanting no annual price but in addition high quality incomes potential and journey and procuring protections. Rewards are simple to redeem with fixed-rate redemptions. However, factors and miles fans is likely to be higher off with a journey rewards bank card.

Official utility hyperlink: Wells Fargo Autograph Card

For charges and charges of the Wells Fargo Autograph card, click on right here.
For charges and charges of the Wells Fargo Active Cash, click on right here.