Wells Fargo rewards fluctuate by card, however fall into two principal classes:
- Money again
- Basic rewards
Relying on which Wells Fargo money again rewards card you carry, you’ll earn between 1 and 1.5 p.c money again on all purchases. Sure playing cards earn as much as 5 p.c on bonus classes like eating, gasoline and groceries.
All Wells Fargo normal rewards playing cards are a part of the Wells Fargo Rewards program. These playing cards earn one level per internet greenback on all purchases and as much as 5 factors on bonus classes. In the event you store with chosen retailers by Wells Fargo’s Earn Extra Mall, you may earn as much as 10 factors per greenback.
Wells Fargo Rewards factors could be redeemed in quite a lot of methods, together with:
- Credit score towards Wells Fargo loans
- On-line auctions
- Digital downloads
- Reward playing cards
Wells Fargo rewards factors have a price of 1 cent. For instance, a $25 reward card prices 2,500 factors by this system. Money again rewards are interchangeable with factors, and cardholders with money again rewards playing cards are mechanically registered for a Wells Fargo Rewards account. With Wells Fargo Rewards, you may trade money for factors at a one-point-to-1-cent ratio to reap the benefits of reward affords.
Wells Fargo rewards factors could be earned with out restrict however expire 5 years after you earn them.