Wells Fargo Reflect® Card Review [2023]: Your New 0% Intro APR Card?

The Wells Fargo Reflect Card offers low introductory APR promotions for both balance transfers and purchases. But is it the right card for you?
Last updated Jan. 24, 2023 | By Ben Walker, CEPF | Edited By Yahia Barakah

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The Wells Fargo Reflect® Card joins the Wells Fargo credit card lineup as an option for consumers who might want help managing their finances. This card’s low promotional interest rate could help reduce the cost of balance transfers and purchases over a certain period of time.

In this Wells Fargo Reflect credit card review, we dig into the card’s details to see what value it could offer as well as its potential drawbacks. See whether the Wells Fargo Reflect might make sense for you or if you should explore other options.

Extra Long Intro APR on Purchases & Balance Transfers

Current Offer

Benefit from a long introductory APR period that could be extended by making the minimum payments on time each month

Annual Fee

$0

Benefits and Drawbacks

Benefits

  • 0% intro APR on qualifying balance transfers and purchases for up to 21 months from account opening, then 17.24% - 29.24% variable APR
  • Cell phone protection
  • $0 annual fee

Drawbacks

  • No rewards for spending
Card Details
  • 0% intro APR for 18 months from account opening on purchases and qualifying balance transfers. Intro APR extension for 3 months with on-time minimum payments during the intro period. 17.24% to 29.24% variable APR thereafter; balance transfers made within 120 days qualify for the intro rate and fee of 3% then a BT fee of up to 5%, min $5.
  • $0 Annual Fee
  • Get up to $600 of cell phone protection against damage or theft when you pay your monthly cell phone bill with your eligible Wells Fargo card (subject to a $25 deductible).
  • Through My Wells Fargo Deals, you can get access to personalized deals from a variety of merchants. It's an easy way to earn cash back as an account credit when you shop, dine, or enjoy an experience simply by using an eligible Wells Fargo credit card.
  • Select "Apply Now" to learn more about the product features, terms and conditions

In this Wells Fargo Reflect Card review

Who should get the Wells Fargo Reflect Card?

The primary benefits of the Wells Fargo Reflect Card are its promotional annual percentage rate offers. You get a 0% intro APR for up to 21 months from account opening on qualifying balance transfers, then 17.24% - 29.24% variable APR. You also get a 0% intro APR on purchases for up to 21 months from account opening, then 17.24% - 29.24% variable APR.

Apart from this, the Wells Fargo Reflect offers cell phone protection and roadside dispatch benefits. But it’s not a rewards credit card and there’s no welcome bonus. As such, this card isn’t designed to help you earn rewards or travel more efficiently (it also charges a foreign transaction fee). In addition, you will typically need good or excellent credit to qualify.

Overall, this is a solid 0% APR credit card that could help you manage your personal finances. It could be useful if you want to transfer some existing high-interest debt or if you have big purchases coming up and you want to avoid paying an interest rate on them for a while. If you want to do a balance transfer, be sure to consider how much the balance transfer fee might cost versus how much you stand to save in interest.

Card basics

Card type Balance transfer
Credit card issuer Wells Fargo
Credit card network Visa
Annual fee $0
Recommended credit score Good, Excellent
Intro APR 0% intro APR for up to 21 months from account opening on qualifying balance transfers, then 17.24% - 29.24% variable APR

0% intro APR on purchases for up to 21 months from account opening, then 17.24% - 29.24% variable APR
Foreign transaction fee 3%

Wells Fargo Reflect Card benefits and perks

  • Intro balance transfer APR and purchase APR: As mentioned above, this card comes with long promotional APRs that could help you pay off debt or finance a big purchase without paying interest.
  • Intro APR extension periods: You have the opportunity to extend the intro APR period by an additional three months if you make on-time minimum monthly payments. This adds up to a staggering 21 months of 0% intro APR on both balance transfers and purchases just for not making a late payment.
  • $0 annual fee: The Wells Fargo Reflect has a $0 annual fee, which means you don’t have any yearly cost to offset.
  • Cell phone protection: If you pay your eligible monthly cell phone bill with this card, you receive cell phone protection for any phones on that plan. This acts like cell phone insurance and covers against damage or theft for up to $600 per claim, with a $25 deductible. For other cards with similar benefits, check out our list of the best credit cards for paying your cell phone bill.
  • Roadside dispatch: Cardholders receive access to a pay-per-use roadside assistance program. The program can provide assistance such as towing, tire changing, lockout service, fuel delivery, and more.
  • My Wells Fargo Deals: Cardholders can access discounts from a variety of retailers and merchants. You do have to activate the deals and use your Wells Fargo credit card to receive statement credits through this program, but there is no cost to use it.

Drawbacks to this card

  • No welcome bonus: Many credit cards offer a welcome bonus when you first qualify for the card and complete a spending requirement after account opening. These bonuses can be highly valuable, sometimes worth hundreds of dollars or more. This card doesn’t provide a welcome bonus.
  • No rewards: If you compare credit cards, many popular cards provide rewards when you use them to make purchases. These could come in the form of miles, points, or cash rewards. The Wells Fargo Reflect isn’t part of a rewards program and doesn’t offer any rewards for any new purchases you make.
  • Foreign transaction fee: You have to pay 3% when making purchases abroad. Because of this foreign transaction fee, the Wells Fargo Reflect isn’t well-suited for travelers. For card options without foreign transaction fees, check out our list of the best travel credit cards.

Wells Fargo Reflect Card FAQs

Is the Wells Fargo Reflect Card worth it?

It could be worth it if you want to help avoid paying high interest charges on existing credit card debt or upcoming large purchases. The Wells Fargo Reflect has a 0% intro APR offer for up to 21 months from account opening on qualifying balance transfers, after that your balance is subject to the ongoing APR of 17.24% - 29.24% variable. For purchases, it offers a 0% intro APR for up to 21 months from account opening, after that your balance is subject to the regular APR of 17.24% - 29.24% variable.

What credit score do you need for the Wells Fargo Reflect Card?

You typically need a good or excellent credit score to qualify for the Wells Fargo Reflect Card. You would likely need a FICO score of at least 670 or a VantageScore of at least 661 to be approved for this card. Wells Fargo might take other creditworthiness factors into consideration as well.

Which credit bureau does Wells Fargo pull from?

Wells Fargo often pulls from one of the three major credit bureaus, which includes Equifax, Experian, and TransUnion. The specific credit bureau being used during an inquiry might depend on your location when applying for a Wells Fargo credit product.


Other cards to consider

Although the Wells Fargo Reflect provides some compelling features, it might not be the right fit for everyone. For options from other card issuers, consider the Chase Slate Edge℠ and Citi® Double Cash Card.

The Chase Slate Edge℠ is a balance transfer card, similar to the Wells Fargo Reflect, which means you benefit from low intro APR offers. The Chase Slate Edge is one of the best balance transfer credit cards. Additional benefits include purchase protection, extended warranty protection, auto rental collision damage waiver, and roadside dispatch.

For more details, check out our Chase Slate Edge review.

The Citi® Double Cash Card is often considered one of the best cashback credit cards available. It offers up to 2% cash back on all purchases: 1% when you buy and 1% as you pay for those purchases. This easily beats the lack of rewards on the Wells Fargo Reflect. In addition, you also get a 0% intro APR on balance transfers for 18 months, and then 18.24% - 28.24% (variable).

For more details, check out our Citi Double Cash Card review.

Extra Long Intro APR on Purchases & Balance Transfers

Why We Like It

Benefit from a long introductory APR period that could be extended by making the minimum payments on time each month

Rates and fees

See how these cards compare:

Chase Slate Edge℠
Chase Slate Edge℠
  • Intro APR on balance transfers and purchases for first 18 months
  • Lower your interest rate by 2% each year
  • No annual fee
Citi® Double Cash Card
Citi® Double Cash Card
  • Earn up to 2% cash back on all purchases: 1% when you buy and 1% as you pay for those purchases
  • 0% intro APR on balance transfers for 18 months, then 18.24% - 28.24% (variable) APR
  • No annual fee

Author Details

Ben Walker, CEPF Ben Walker, CEPF, is a credit cards and travel writer at FinanceBuzz who loves helping others achieve their travel goals through financially sound decisions. For over a decade, he has been using credit card points and miles for the sole purpose of traveling the world. Ben is a Certified Educator of Personal Finance and has been featured in The Washington Post, MSN, Debt.com, and Finder.com.