Wells Fargo Visa Signature® Card Review

(Editor Rating)



The Wells Fargo Visa Signature credit card offers up to 5x bonus points without charging an annual fee. Here are the details, including the credit card perks offered by this card.

Intro APR


Card Bonus


Rewards Program


Added Perks


Annual Fee




  • 0% Intro APR for 15 Months
  • 5x Bonus Points for 6 Months
  • No Annual Fee

Editor's note - You can trust the integrity of our balanced, independent financial advice. We may, however, receive compensation from the issuers of some products mentioned in this article. Opinions are the author's alone, and this content has not been provided by, reviewed, approved or endorsed by any advertiser.

Credit card companies have done a pretty good job at differentiating themselves lately. Some issuers offer big up-front bonuses. Others like to promote their brand with strong intro APR offers and low to no balance transfer fees. Wells Fargo has introduced the Wells Fargo Visa Signature® Card. Once again, it’s a little different than everything else.

The Wells Fargo Visa Signature® Card is touches high notes in a lot of different areas. If you’re in need of a great intro APR, a great travel rewards program, or a card with strong pricing details, you’ll find it here. You’ll also find a strong up-front bonus offer (but not in the usual way) that has me considering this card.

Let’s break down the card in detail and figure out where the pros and cons lie.

5x Points Bonus

Most credit cards that are looking to make a splash in the market offer a high points or cash bonus to wow consumers. Most commonly, you’ll find something like a $200 bonus for spending $1,000 in 3 months or a 50,000 point bonus for spending $5,000 in three months. Most of the value the card actually has is used simply by signing up. This is a problem in keeping both the issuer and the consumer happy over the longer term.

The Wells Fargo Visa Signature® Card is unique in that it offers NO initial signing bonus. Instead, it offers 5x points on gas, grocery, and drugstore purchases (up to $12,500 spent) for the first six months of card membership. How many additional points is that actually worth? Well, if I were to sign-up for this card, this is the number of points I would reasonably expect to earn on these purchases in six months:

  • Groceries: $4,500
  • Gasoline: $1,000
  • Drugstores: $750

With 5x points per dollar spent, I would be able to rack up 31,250 points during the promotion period. It’s a fairly substantial number, but how valuable are points? As it turns out, they’re extremely valuable.

Wells Fargo Visa Signature® Card Rewards Program

After the promotional period expires, all purchases will earn one point per dollar spent. Purchases not included in the gas, groceries, or drugstores categories will also earn just one point per dollar spent, even during the promotional period. It’s not that great in my humble opinion. But there’s a twist.

When using your points to book airfare, they’re worth 50% more. Similar to the Chase Sapphire Reserve, the Wells Fargo Visa Signature® Card offers a 50% bump in point value when booking travel. And that kind of value makes the card extremely attractive.

Going back to my example above, I could redeem the 31,250 points earned above for $312.50 in cash or $468.75 in travel expenses. When you compare that to cards that offer 30,000 – 50,000 bonus points for reaching a spend hurdle, the value works out very similarly. However there’s one more benefit this card has that makes it a much more attractive option.

Other key travel benefits this card provides are as follows:

  • Trip cancellation protection and lost luggage reimbursement
  • Travel accident insurance
  • Emergency card replacement and cash disbursement
  • Auto rental collision coverage
  • 24/7 travel and emergency assistance, roadside dispatch

No Annual Fee

Any credit card that offers a high up-front bonus usually includes an annual fee (sometimes waived for the first year).  This Wells Fargo card, however, has no annual fee, which makes it even more attractive. Many consumers love to tackle the 40,000 bonus points their promised and can accept the first year $95 annual fee. But when year #2 rolls around, and the bonus is gone while the $95 annual fee remains, they have to make the tough choice on whether or not to keep the card. Not so here.

In addition to being fee free, The Wells Fargo Visa Signature® Card also includes a 0% intro APR on purchases and balance transfers for 15 months. That’s an exceptionally long intro rate for a card that doesn’t consider itself specific to “balance transfer” and an intro rate to take advantage of. If you have balances on other credit cards, consider transferring it to this one. Or simply use this card for everyday spending while paying more on those cards to reduce their balances faster.

When the intro rate expires, the APR will be 13.65% – 27.49% based on your creditworthiness. That’s a wide spread. But for those with excellent credit, 13.65% is one of the lowest APR’s a travel rewards credit card will offer.

Wells Fargo Visa Signature® Card Pros and Cons


  • 0% Intro APR for 15 Months
  • 5x Bonus Points for 6 Months
  • No Annual Fee
  • 50% Added Value on Travel


  • 1x Points on All Purchases
  • No Big Up Front Bonus

Who is this Card Perfect For?

In order to take advantage of this promotion, you must spend heavily on gasoline and groceries and at drugstores. This means moms and dads of larger families that have to do a lot of driving for work and pleasure benefit the most here. Single, stay-at-home workers do not.

As the Wells Fargo Visa Signature® Card has no annual fee, the only risk to giving it a test drive is a small temporary ding on your credit score. For those clever enough to maximize the first six months, the savings can be greater than $900, making this a terrific travel rewards credit card option.

Author Bio

Total Articles: 182
After amassing more than $255,000 in debt on a math degree from the University of Miami, Michael now enjoys spending time at home and writing about personal finance.
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