Wed. Apr 21st, 2021


Using your Wells Fargo Platinum card to pay your cellphone bill gives you up to $ 1,200 in coverage against loss and theft every year. Specifically, you can file up to two claims in a 12-month period with a deduction of $ 25, and each claim provides up to $ 600 in coverage.

The card provides free access to your FICO credit score, rental car insurance, roadside remittances, travel accident insurance, and travel and emergency support services.


The biggest value proposition of the Wells Fargo Platinum Card is its 0% APR promotion. You will get an introductory 18 months, 0% APR on purchase and qualifying balance transfers within 120 days of account opening, and then 16.49% to 24.49%, depending on your credit, APR kick.

Depending on how you use this incentive, you can save hundreds, if not thousands, of dollars on interest. But there are plans to pay the balance before the promotional period ends. According to US News ResearchThe card’s running APR may be above average.

Annual Fee

The card does not charge an annual fee, which is common for credit cards that offer 0% APR promotions. However, keep in mind that you will pay a balance of 3% of the transfer amount, with a $ 5 minimum, for the first 120 days, then a 5% transfer amount, with a $ 5 minimum. This charge can eat into the savings you get from the 0% APR promotion of the card.

Other fees to consider include a 3% foreign transaction fee and late fees of up to $ 40 on purchases made abroad.

Should you get a Wells Fargo Platinum Card

  • A long introductory 0% APR promotion is required.
  • Do not miss the prize.
  • Ready to pay balance transfer fee.
  • Want to avoid the annual fee.

Questions about the Wells Fargo Platinum Card

Question: What is Wells Fargo Platinum Card?
A: The Wells Fargo Platinum Card is a card with an annual fee and a 0% introductory APR for 18 months on purchases and qualifying balance transfers.

Question: What is a good credit score for a Wells Fargo Platinum Card?
A: You need a credit or score to qualify for the Wells Fargo Platinum Card. This FICO credit score is at least 670.

Question: Is the Wells Fargo Platinum Card a good card?
A: The Wells Fargo Platinum Card is good for cardholders who wish to take advantage of the introductory APR and cardholder allowances without annual fees. But this is not good for consumers who want to earn credit card rewards.

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