Wells Fargo Cash Wise Visa Card Review

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Sometimes, simplicity is best when looking for the right credit card – rewards are fine, but you don’t want to fuss with all the various reward programs, complicated tiers and spending categories, and so on. The Wells Fargo Cash Wise Visa Card is a solid solution to that problem, providing a straightforward cash back rewards card experience.

wells fargo cash wise review

On Wells Fargo's home portal

Best for good credit

Highlight: Generous cash back rewards
  • Unlimited 3% cash back on dining

  • Unlimited 2% cash back on groceries

  • Unlimited 1% cash back on all other purchases

  • $150 signup cash bonus

  • 3% balance transfer fee in first 9 months

  • No foreign transaction fees

Intro APR


Variable APR

14.49% - 24.49%

Annual Fee


Signup Bonus


The perks are pretty easy to wrap your head around - the Cash Wise Visa Card offers an unlimited 1.5% cash back on all purchases made with the card. If you use mobile wallet technology like Apple Pay or Android Pay, you can earn 1.8% cash back on purchases within the first twelve months.

What’s more, the card gives you a nifty $200 cash rewards signup bonus, provided you meet their spending requirements. All you have to do is spend $1,000 in the first three months of card ownership (a reachable goal compared to most bonuses of this type), and you can use that cash back rewards bonus toward your balance, or redeem it for various rewards.

The fees are fairly generous too: the Cash Wise Visa Card asks for no annual fee, and you get 0% APR for 12 months when you sign up for the card. All of this contributes to a fantastic cash back rewards card that favors simplicity over specificity.

Our Overall Rating

We like cards that give back without making you go through a lot of legwork and micromanagement to maximize your rewards. To that end, the Wells Fargo Cash Wise Visa Card is a really solid, dependable card that fits our need for simple, straightforward products that don’t make you jump through hoops to get something back.

The unlimited 1.5% cash back rewards tier is a really advantageous option for those who don’t want to faff around with spending categories. Instead of getting a credit card just for gas, grocery or air travel, it’s nice to have a rewards card that you can use on any of your purchases and know you’re getting the same amount of cash back.

That’s not the card’s only perk, however; there’s no annual fee, and no introductory APR for an entire year, making the overhead involved in maintaining the card virtually nil (apart from paying off your balances responsibly, of course).

Along with the usual perks like fraud protection and a nifty signup bonus that’s not too far out of reach, the Wells Fargo Cash Wise Visa Card is a fantastic option for those who want a hands-off rewards card.

Where it Wins

Unlimited 1.5% cash back. As we mentioned, it can get really daunting to keep track of all the cash back rewards tiers and spending caps that go along with other cards. By keeping a single, unlimited 1.5% cash back tier on the card, you get a bit more than most unlimited cards (1%) without having to worry about using it in specific places to get the most out of it.

A robust, reachable signup bonus. For the Cash Wise Visa Card, all you have to do is spend $1,000 in the first three months of ownership to reach their $200 cash back signup bonus. That’s a far more reachable goal than a lot of other cards out there, so you don’t necessarily have to time it to a huge purchase to maximize your rewards.

Wells Fargo Cash Wise Visa Card Rewards & Benefits

Unlimited 1.5% cash back. The aforementioned 1.5% unlimited cash back is the card’s chief appeal, and it bears repeating – most other cards offer a baseline of 1% for their cash back rewards. If you’re looking for an all-purpose card that’s simple and gives you more, this might be it.

Introductory bonus cash back for mobile wallet purchase. For the first twelve months of ownership, you can actually get 1.8% cash back if you use Android Pay or Apple Pay to make your purchases with the card. If you’re used to making purchases that way, it’s a nice way to eke out more rewards when you first get started.

$200 signup bonus. In exchange for signing up, the Cash Wise Visa Card gives you a welcome bonus of $200 in cash back rewards. All you have to do is spend $1,000 in the first three months of your membership.

Zero liability protection. If you find out that someone has stolen your card, or is using its information improperly, you can report it to Wells Fargo and you won’t be held liable for those fraudulent charges.

24/7 Fraud monitoring. In order to keep you from falling prey to identity theft or credit card fraud, Wells Fargo keeps track of your card activity and lets you know when suspicious charges are being made.

Costs & Fees

No annual fee. While a lot of cards offer no annual fee, it’s always a good thing to have. After all, you can’t get cheaper than zero. Plus, it’s just another feather in this robust card’s cap.

0% introductory APR for 12 months. In addition to no annual fee, it’s really nice to get a year’s worth of no interest, making the Cash Wise Visa Card perfect for those who need to carry a balance for a bit longer than they’d like.

14.49%-26.49% variable APR. After your introductory period is over, the Cash Wise Visa Card offers a variable APR range that’s quite generous to people with relatively good credit. If you pay your balances on time, maintain a low balance, and more, you might find yourself closer to the 14.49% range of the spectrum.

3% foreign transaction fee. When using this card for travel, you’ll get charged a 3% foreign transaction fee for purchases made overseas. That’s pretty par for the course, but if you travel a lot, it might be best to find a card with no foreign transaction fees.

Variable balance transfer fees. The Cash Wise Visa Card can also function as a balance transfer card, especially given that introductory APR period. For the first twelve months (i.e. during that no-interest period), balance transfer fees are 3%; after that, it costs a 5% fee to transfer your balance.

Who is this card best for?

In short, the Cash Wise Visa Card is ideal for cardholders who want some consistent, straightforward cash back rewards, but want to be hands-off with their card. More eagle-eyed cardholders can feel free to get more cash back out of cards with multiple tiers and spending categories. However, the Cash Wise Visa Card just lets you sit back and rake in the rewards.

Not only that, the card is a really good all-purpose card for those who want the security of no annual fees, no interest for 12 months, and Wells Fargo and Visa protections like chip technology, purchase tracking alerts and more.

Also, its lower balance transfer rate during that introductory interest period makes it great for people who want to shift their balance from a higher interest card – making it easier to pay off.

How to Apply

To apply for the Cash Wise Visa Card, all you have to do is head to the application portal and enter your personal and financial information. The questions are ever so slightly more in depth than some other cards’ – you have to enter your citizenship information, for instance – but it’s nothing too out of the ordinary.

Once that is done, you’ll enter your banking information, income, birthday, etc., and apply. The approval process is pretty quick, and you should hear results within minutes.

Wells Fargo Cash Wise Visa Card Alternatives

Chase Freedom Unlimited. Like the Cash Wise Visa Card, the Chase Freedom Unlimited offers an unlimited 1.5% cash back rewards tier, making it a good alternative for those who already bank with Chase. If you have other Chase cards, pick this one so you can take advantage of your pooled Chase Ultimate Rewards points.

Barclaycard CashForward World Mastercard. This is another unlimited 1.5% cash back rewards card, but it has a slight edge over the Cash Wise Visa Card in that it rewards you for redeeming your existing rewards. Any redemptions give you a 5% bonus the next time you redeem your rewards, making it a great option for long-term cardholders.

Citi Double Cash. If you like simplicity in your cash rewards, but want to potentially make back even more than the Cash Wise Visa Card, the Citi Double Cash gives you 1% on all purchases AND 1% as you pay back your balance. There’s a couple more steps involved than the Cash Wise Card, but the rewards are slightly higher.

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