Wells Fargo rewards fluctuate by card, however fall into two major classes:
- Money again
- Normal 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, fuel and groceries.
All Wells Fargo common 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 way of Wells Fargo’s Earn Extra Mall, you’ll be able to earn as much as 10 factors per greenback.
Wells Fargo Rewards factors might be redeemed in a wide range of methods, together with:
- Credit score towards Wells Fargo loans
- On-line auctions
- Digital downloads
- Present playing cards
Wells Fargo rewards factors have a price of 1 cent. For instance, a $25 present card prices 2,500 factors by way of 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’ll be able to change money for factors at a one-point-to-1-cent ratio to reap the benefits of reward gives.
Wells Fargo rewards factors might be earned with out restrict however expire 5 years after you earn them.