A balance transfer request must be made within 120 days from account opening to qualify for the introductory APR. 23.99% to 25.99%, based on your creditworthiness.
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IMPORTANT DISCLOSURES.
| Annual Fee | None |
|---|---|
| Cash Advances | Either $10 or 5% of the amount of each advance, whichever is greater. |
If you have debt and want a simple balance transfer, the Wells Fargo Platinum card is a decent option. But if you don't have credit card debt, consider a card that will reward your spending and charge a lower interest rate.
Visa Credit Card Interest Rates
| Credit Card Interest Rates and Interest Charges | |
|---|---|
| Annual Percentage Rate (APR) for Purchases | Visa Signature Rewards 8.75 % Visa Platinum Rewards 8.75 % to 12.75 %, based on creditworthiness Visa Platinum Best Rate 7.75 % to 13.75 %, based on creditworthiness |
Your Wells Fargo Platinum limit will be at least $1,000 for qualified applicants. That's the Wells Fargo Platinum minimum credit limit, per the card's terms and conditions, which means it's all you're guaranteed to get if approved for an account.
A good APR for a credit card is 14% and below. That's roughly the average APR among credit card offers for people with excellent credit. And a great APR for a credit card is 0%. The right 0% credit card could help you avoid interest entirely on big-ticket purchases or reduce the cost of existing debt.
Editorial and user-generated content is not provided, reviewed or endorsed by any company. Wells Fargo credit card limits range from $500 for the Wells Fargo Cash Back College℠ Card to $5,000 for the Wells Fargo Visa Signature® Card, at a minimum.
Most Wells Fargo credit cards require a credit score of 700+. The exceptions are the Wells Fargo Rewards Card, which requires a score of 750+, and the Wells Fargo Cash Back College Card, which is available to students with limited credit.
It's a high but normal interest rate for someone in your situation. It's important that you pay the balance in full each month and you will never have to worry about the interest rate.
A good APR for a first credit card is anything below 20%. The best low interest first time credit card is the Bank of America® Cash Rewards Credit Card for Students because it offers introductory APRs of 0% for 15 months on purchases and 0% for 15 months on balance transfers, with a regular APR of 13.99% - 23.99% (V).
APR matters depending on whether you make payments by the due date and if you pay your credit card bill in full. If you pay in full every month, the APR doesn't matter. By paying in full, you don't have an outstanding balance on which your issuer can charge interest. ...
The Wells Fargo Platinum card offers a fairly long promotional period of 18 months at 0% APR for balance transfers made in the first 120 days of account opening and on new purchases, but there is a 3% balance transfer fee. It has no annual fee and doesn't offer any rewards.
The easiest Wells Fargo credit card to get is the Wells Fargo Business Secured Credit Card because even people with bad credit can get approved. When you make a deposit to open the account ($500 min.), you'll get a credit limit equal to that deposit, up to $25,000. The annual fee is $0.
The Wells Fargo Platinum Card is the best choice for paying off debt with one of the longest intro 0% APR periods around. Cardholders receive 18 months to pay off balances that are transferred from another non-Wells Fargo card without interest (after, 16.49% to 24.49% variable APR).
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