According to Wells Fargo, it will soon launch a new credit card called Active Cash. The main benefits are as follows:
- No annual fee: $0 annual fee.
- 2% cash back on all purchases: Unlimited 2% cash rewards on purchases.
- Earn a $200 welcome bonus after spending $1,000 in the first 3 months: Customers can earn a $200 cash rewards bonus when they spend $1,000 in purchases in the first 3 months.
- 0% intro APR for 15 months: Introductory offer includes 0% APR on purchases and qualifying balance transfers for the first 15 months from account opening; after that, a variable APR of 14.99% to 24.99% applies.
- Cell phone protection: Cell phone protection when customers pay their monthly cell phone bill with their Active Cash Card. For more information, visit wellsfargo.com/ctp.
- Advanced security features, including voice verification and 2-step verification at digital banking sign-on.
- Access to Visa Signature Concierge Service and Visa Signature Luxury Hotel Collection.
- For more information, visit wellsfargo.com/activecash.
There are not a ton of standout features, but for a no-annual-fee card earning 2% back on all purchases, it is still fairly competitive.
