Citi is an advertising partner
Jump to: Read review
- Annual fee: $0
- Intro purchase APR: 0% intro APR up to 21 months from account opening on qualifying purchases
- Intro balance transfer APR: 0% intro APR up to 21 months from account opening on qualifying balance transfers made in first 120 days
- Regular APR: 12.99%-24.99% Variable APR
- Other benefits: Cellphone protection, roadside dispatch, zero liability protection, My Wells Fargo Deals
Wells Fargo Reflect℠ Card review: Is it worth it?
The Wells Fargo Reflect℠ Card is worth it for those looking for a long low intro APR offer on purchases and balance transfers. This card is an ideal choice if you plan to consolidate debt or need to make a large purchase. But while this card comes with one of the best 0% intro APR offers on the market today, it doesn't come with any other rewards — so only consumers who can take advantage of its low interest offer will find this card valuable.
For consumers looking to get more from their credit card than just a low interest APR offer, consider the Wells Fargo Active Cash℠ Card, which has a similar intro offer and also allows you to Earn unlimited 2% cash rewards on purchases with no rewards category limitations or quarterly activations.
Who is the Wells Fargo Reflect℠ Card best for?
The Wells Fargo Reflect℠ Card is best for consumers who need to consolidate their debt onto a single credit card, or those looking to make a major purchase. This card is intended to help cardholders pay off their purchases in their own time, without penalty.
This card will not be the optimal choice for consumers who want to earn rewards on their spending. For rewards paired with a long intro APR offer, consider other balance transfer credit cards, like the Wells Fargo Active Cash℠ Card or Citi® Double Cash Card – 18 month BT offer.
Up to 21-month intro APR on balance transfers
Consumers who want access to a lengthy 0% intro APR offer for balance transfers should definitely consider the Wells Fargo Reflect℠ Card.
Cardholders will enjoy a 0% intro APR up to 21 months from account opening on qualifying balance transfers (then 12.99%-24.99% Variable APR applies).
The card's introductory offer has a unique spin: Cardholders will receive an initial introductory offer of 18 months, but can bump that period up to 21 months with timely payments (more on that below).
Just keep in mind that a balance transfer fee applies: Introductory fee of either 3% for 120 days from account opening, then up to 5%; min: $5. Note that the variable APR will apply after the introductory offer ends, so you'll need a plan to pay down most — if not all — of your debt during the introductory period.
How does the 3-month APR extension work?
If you continuously make at least your minimum payment on time each month during the intro offer period and through the three-month extension period, you’ll earn up to a three-month extension, for a total of 21 months of 0% interest on both balance transfers and purchases. In this way, consumers can be rewarded for establishing positive spending habits and paying on time.
If you do decide to transfer high interest balances to the Wells Fargo Reflect℠ Card, the interest savings may be substantial — even after accounting for the balance transfer fee. The chart below shows how much you'll pay in fees to transfer various amounts, as well as the potential interest savings you could achieve.
Cost of balance transfer
How much you could save in interest (if paid over 18 months)
How much you could save in interest (if paid over 21 months)
Figures are determined by assuming equal payments over the card's introductory period to pay off the full balance, then comparing the amount of interest you would owe over that period making the same monthly payment on a card with an 18% APR.
Up to 21-month intro APR on purchases
The Wells Fargo Platinum card also extends a 0% intro APR for 18 months from account opening on qualifying purchases (then an APR of 16.49%-24.49% (Variable) applies).
As with the balance transfer offer, the purchase APR starts at 18 months, but can be increased to 21 months with timely payments. This benefit may be immensely useful if you have a large purchase you need to pay down over time, or if you could simply use a break from credit card interest payments.
Just keep in mind that, like the balance transfer offer, interest will begin accruing on your purchases after the introductory period is up. You should also note that if you’ve transferred a balance with the Wells Fargo Reflect℠ Card, using it for new purchases will make it harder to pay down your transferred balance.
With that in mind, we only suggest using the Wells Fargo Reflect℠ Card for purchases you can pay off within the introductory period.
Other Wells Fargo Reflect℠ Card benefits
The Wells Fargo Reflect℠ Card focuses more on its low-interest intro offer than on additional perks and benefits — however, there are still a few notable ones available for cardholders:
Among the Wells Fargo Reflect℠ Card's finer perks is that it doesn’t charge an annual fee. That, along with its valuable low intro APR offers, makes this card a fantastic fee-free option for consumers trying to manage their spending.
When you use your Wells Fargo Reflect℠ Card to pay your monthly cellphone bill, you can get up to $600 in cellphone protection. This benefit can give cardmembers peace of mind that you'll be protected against damage or theft of your phone. This protection is subject to a $25 deductible, and terms apply.
Cardmembers will have access to emergency roadside assistance, towing, locksmith services and more. This service is available on-demand 24/7 — cardholders will simply need to call 800-847-2869 for assistance. Terms apply.
If any unauthorized charges appear on your Wells Fargo Reflect℠ Card, you won’t be held accountable so long as you make a report soon after they appear on your account. This built-in protection feature will ensure you're protected against fraud.
My Wells Fargo Deals offers personalized deals and special offers from a number of merchants. In order to access these deals, you must activate each offer and use your Wells Fargo Reflect℠ Card to make your purchases directly with the merchant.
Wells Fargo Reflect℠ Card drawbacks
- No rewards: While the Wells Fargo Reflect℠ Card has a fantastic low-interest offer, it doesn't include any rewards. If you want a card with good cashback rewards on top of a lengthy introductory APR, check out the Wells Fargo Active Cash℠ Card instead.
- Charges foreign transaction fees: The Wells Fargo Reflect℠ Card is not an ideal credit card for international travel, as it charges a 3% foreign transaction fee. For frequent international travelers, we suggest using a travel credit card that doesn't charge foreign transaction fees to save yourself from these fees during your trip.
What credit score do you need for a Wells Fargo Reflect℠ Card?
Like many other top balance transfer credit cards, you'll need Good/Excellent credit to qualify for the Wells Fargo Reflect℠ Card — this typically means having a FICO Score of at least 660.
What is the credit limit for the Wells Fargo Reflect℠ Card?
Wells Fargo doesn’t list specific credit limits for the Wells Fargo Reflect℠ Card. However, generally speaking, your credit limit will be assigned based on your income, credit score and other debts.
If you're a current Wells Fargo credit card customer and want to apply for the Wells Fargo Reflect℠ Card, you should also know that Wells Fargo has the right to reallocate your credit limits between your existing card(s) and your new account.
Who is eligible for the introductory offer? Before you apply, you should be aware that Wells Fargo sets limits on who’s eligible for their introductory offers. Specifically, the bank says that "you may not be eligible for introductory annual percentage rates, fees and/or bonus rewards offers if you opened a Wells Fargo Credit Card within the last 15 months from the date of this application and you received introductory APR(s), fees and/or bonus rewards offers — even if that account is closed and has a $0 balance."
You also may not be eligible if you’ve opened another Wells Fargo credit card in the last six months.
How does the Wells Fargo Reflect℠ Card compare to other cards?
While the Wells Fargo Reflect℠ Card has one of the best introductory rates out there, other cards in this niche still have much to offer, including other Wells Fargo credit cards. Here are a few additional credit cards to consider:
Wells Fargo Reflect℠ Card vs. Wells Fargo Active Cash℠ Card
Verdict: Similar intro APR period, with the addition of cashback rewards and a sign-up bonus
The Wells Fargo Active Cash℠ Card lets new cardholders benefit from a 0% intro APR for 15 months from account opening on purchases and 0% intro APR for 15 months from account opening on qualifying balance transfers. After that your variable APR will be 14.99%-24.99% (Variable). This is a shorter timeline than the Wells Fargo Reflect℠ Card — however, you do get the chance to earn rewards, which could be worth it if you're searching for a card you can use in the long term.
New cardholders can Earn a $200 cash rewards bonus after spending $1,000 in purchases in the first 3 months. Further, cardmembers Earn unlimited 2% cash rewards on purchases, and there's a $0 annual fee.
Wells Fargo Reflect℠ Card vs. Citi® Diamond Preferred® Card
Verdict: Similar benefits, but its other perks don't quite stack up
The Citi® Diamond Preferred® Card comes with an intro APR 0% for 21 months on Balance Transfers and 0% for 12 months on Purchases. After that the variable APR will be 13.74% - 23.74% (Variable). There's a $0 annual fee, and you’ll get free access to your FICO Score, as well as Citi Entertainment® benefits.
For the most part, this offer is quite comparable to the Wells Fargo Reflect℠ Card. If anything, though, the Wells Fargo Reflect℠ Card is a better option since it comes with some travel benefits and cellphone protection.
Wells Fargo Reflect℠ Card vs. Citi® Double Cash Card – 18 month BT offer
Verdict: Top-notch rewards, but no intro APR for purchases
The Citi® Double Cash Card offers a long intro APR 0% for 18 months on Balance Transfers; after that, the variable APR will be 13.99% – 23.99% (Variable). Cardholders get excellent rewards on all spending: Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.
However, you should note that the introductory rate only applies to balance transfers and not to purchases. That makes this card an inferior option if you're hoping to get a 0% APR on items you buy for a limited period of time.
Should you get the Wells Fargo Reflect℠ Card?
If you're looking for a way to save money on interest and you're not majorly concerned about earning rewards, the Wells Fargo Reflect℠ Card is a solid option. The same can be said if you have high-interest credit card debt you want to consolidate and pay down over time.
However, there are plenty of other similar offers to consider, some of which could be better for your needs and goals. Make sure you compare the best 0% APR credit cards and all their perks before you decide.
Wells Fargo Reflect℠ Card FAQs
Is the Wells Fargo Reflect℠ Card good?
Since the Wells Fargo Reflect℠ Card comes with a $0 annual fee and an introductory APR offer, most experts would agree it's a good credit card.
Does the Wells Fargo Reflect℠ Card have cash back?
The Wells Fargo Reflect℠ Card doesn't offer any type of rewards. If you want to earn cash back on your spending, make sure to check out the best cashback credit cards.
Is the Wells Fargo Reflect℠ Card a credit card or a debit card?
The Wells Fargo Reflect℠ Card is a credit card and not a debit card.
Does the Wells Fargo Reflect℠ Card charge foreign transaction fees?
The Wells Fargo Reflect℠ Card charges a 3% in foreign transaction fees for all purchases you make abroad.