The Wells Fargo Autograph® Card is a popular no-annual-fee travel and dining rewards credit card that offers competitive rewards on everyday spending categories. If you’re looking for a card that provides a solid return on your common purchases without an annual fee, the Autograph Card is definitely worth considering. This guide will provide an in-depth look at its features, benefits, and how you can apply for one.
Key Features and Benefits
The Wells Fargo Autograph Card stands out with its straightforward rewards structure and additional perks. Here’s a breakdown of what makes this card appealing:
Rewards Program
The core appeal of the Autograph Card lies in its generous rewards rate across popular spending categories:
- 3X points per dollar on:
- Restaurants: This includes everything from fine dining to fast food, coffee shops, and bars.
- Travel: This covers airlines, hotels, car rentals, and cruise lines.
- Gas Stations: Perfect for commuters and road trippers.
- Transit: Includes rideshares, taxis, tolls, and public transportation.
- Popular Streamings Services: From Netflix to Spotify, this category covers a wide range of subscription services.
- Phone Plans: Your monthly cell phone bill can earn you valuable points.
- 1X point per dollar on all other eligible purchases.
There are no caps on the amount of bonus rewards you can earn in these categories, making it an excellent choice for those who spend heavily in these areas.
Redemption Options
Wells Fargo Rewards points are flexible and can be redeemed for:
- Travel: Book flights, hotels, car rentals, and more through the Wells Fargo Rewards portal.
- Cash Redemptions: Get cash back as a statement credit, direct deposit into a Wells Fargo account, or even withdraw it from a Wells Fargo ATM (in increments of $20).
- Gift Cards: Choose from a wide selection of popular retailers and restaurants.
- Merchandise: Redeem points for various products through the Wells Fargo Rewards portal.
The value of your points generally remains consistent across these redemption options, typically at 1 cent per point.
Welcome Offer
New cardholders often receive a sign-up bonus after meeting a specified spending requirement within a certain timeframe. While these offers can change, they typically provide a significant points boost that can be redeemed for a good chunk of cash back or travel. It’s always advisable to check the most current offer directly on the Wells Fargo website when applying.
No Annual Fee
One of the most attractive features of the Autograph Card is that it comes with no annual fee. This means you can enjoy all the rewards and benefits without worrying about an recurring cost, making it a budget-friendly option for long-term use.
Intro APR Offer
The Autograph Card often includes an introductory 0% APR period on new purchases and balance transfers. This can be incredibly beneficial if you plan to make a large purchase or consolidate existing debt, giving you time to pay off your balance without accruing interest. After the introductory period, a variable APR will apply based on your creditworthiness.
Cell Phone Protection
This is a standout benefit that can save you a lot of money. When you pay your monthly cell phone bill with your Wells Fargo Autograph Card, you can get up to $600 of cell phone protection against damage or theft (subject to a $25 deductible). This benefit covers up to two claims per 12-month period.
Visa Signature Benefits
As a Visa Signature card, the Autograph Card comes with additional benefits, which may include:
- Travel and Emergency Assistance Services: Access to a helpline for various travel-related emergencies.
- Concierge Services: Assistance with event tickets, dinner reservations, and more.
- Roadside Dispatch: Pay-per-use roadside assistance for towing, jump-starting, and other services.
- Lost Luggage Reimbursement: Coverage for checked or carry-on bags that are lost, stolen, or damaged.
Is the Wells Fargo Autograph Card Right for You?
The Wells Fargo Autograph Card is an excellent choice for individuals who:
- Want to earn rewards on everyday spending: If you frequently spend on dining, travel, gas, transit, popular streaming services, and phone plans, this card offers a strong return.
- Prefer a no-annual-fee card: It’s a great option for those who want to maximize rewards without incurring an annual cost.
- Are looking for an intro APR offer: The 0% APR period can be useful for managing new purchases or consolidating debt.
- Value cell phone protection: This unique benefit can provide peace of mind.
- Have good to excellent credit: A strong credit score will increase your chances of approval.
However, if you’re a heavy spender on groceries or have very specific travel redemption goals (e.g., transferring points to airline partners), other cards might offer better value.
How to Apply for the Wells Fargo Autograph® Card
Applying for the Wells Fargo Autograph Card is a straightforward process, primarily done online. Here’s a step-by-step guide:
1. Check Your Credit Score
Before applying, it’s wise to check your credit score. The Wells Fargo Autograph Card typically requires good to excellent credit (generally a FICO score of 670 or higher). Knowing your score will give you an idea of your approval odds and help you identify any areas for improvement. You can often get your credit score for free through your bank, credit card issuer, or various online services.
2. Gather Necessary Information
You’ll need to provide some personal and financial information during the application process. Have the following ready:
- Personal Information: Full name, date of birth, Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN), and contact information (address, phone number, email).
- Financial Information: Employment status, annual income, and monthly housing payment. You may also be asked about your assets and liabilities.
3. Visit the Official Wells Fargo Website
The most secure and recommended way to apply is directly through the official Wells Fargo website. Avoid applying through third-party sites to ensure your information is secure and you’re getting the most current offer.
4. Navigate to the Credit Card Section
On the Wells Fargo homepage, look for a “Credit Cards” or “Cards” section. Browse the available cards until you find the Wells Fargo Autograph® Card.
5. Review the Offer Details
Before clicking “Apply Now,” carefully review all the current offer details, including the welcome bonus, intro APR period, and any specific terms and conditions. Ensure you understand the requirements for earning the welcome bonus.
6. Complete the Online Application Form
Click “Apply Now” and fill out the online application form accurately and completely. Double-check all the information you enter to avoid any delays or rejections due to errors.
7. Submit Your Application
Once you’ve reviewed all the information, submit your application. Wells Fargo may provide an instant decision, or it might take a few business days to process. If your application is pending, you might receive a request for additional information.
8. What to Do After Applying
- If Approved: Congratulations! You’ll typically receive your card in the mail within 7-10 business days. Once you receive it, activate the card as per the instructions provided and start enjoying your rewards.
- If Denied: Don’t be discouraged. Wells Fargo will send you an adverse action notice explaining the reasons for the denial. You can use this information to improve your credit profile for future applications. Sometimes, you can also call the Wells Fargo reconsideration line to ask them to reconsider your application, especially if there was a misunderstanding or you can provide additional relevant information.
Important Considerations
- Credit Utilization: Keep your credit utilization low (ideally below 30% of your total credit limit) to maintain a healthy credit score.
- Payment History: Always pay your statement balance on time and in full to avoid interest charges and negative marks on your credit report.
- Rewards Program Changes: Credit card rewards programs can change. It’s always a good idea to periodically check the Wells Fargo website or your card agreement for any updates to the Autograph Card’s benefits or terms.
The Wells Fargo Autograph Card offers a compelling package for consumers seeking strong rewards on everyday spending without an annual fee. Its diverse bonus categories, flexible redemption options, and valuable perks like cell phone protection make it a strong contender in the competitive credit card market.
