Wells Fargo rewards fluctuate by card, however fall into two predominant classes:
- Money again
- Basic rewards
Relying on which Wells Fargo money again rewards card you carry, you’ll earn between 1 and 1.5 % money again on all purchases. Sure playing cards earn as much as 5 % on bonus classes like eating, gasoline 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 web greenback on all purchases and as much as 5 factors on bonus classes. When you store with chosen retailers by means of Wells Fargo’s Earn Extra Mall, you possibly can earn as much as 10 factors per greenback.
Wells Fargo Rewards factors may be redeemed in a wide range 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 present card prices 2,500 factors by means 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 possibly can trade money for factors at a one-point-to-1-cent ratio to benefit from reward affords.
Wells Fargo rewards factors may be earned with out restrict however expire 5 years after you earn them.