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LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

How To Do A Balance Transfer With Wells Fargo

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Content was accurate at the time of publication.
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Key Takeaways

  • Wells Fargo currently offers one of the longest interest-free periods for balance transfer cards (up to 21 months).
  • Wells Fargo balance transfer credit cards may be subject to balance transfer fees of up to 5%, with a minimum of $5.
  • You must complete your balance transfer within the first 120 days of opening your account to take advantage of a Wells Fargo card’s intro APR period.
  • You can’t transfer a balance from one Wells Fargo credit card to another Wells Fargo card.

If you have a hefty amount of high-interest credit card debt, a card that offers a long 0% intro APR on balance transfers can potentially save you thousands of dollars on interest charges while helping you pay down your debt faster.

Wells Fargo currently offers a balance transfer card with one of the lengthiest interest-free periods available — close to two years. Here’s what you need to know about how to transfer your existing debt to a Wells Fargo card.

We recommend creating a plan to pay off your transferred balance within the promotional period before initiating the balance transfer. This means calculating the amount you’ll need to pay each month in order to pay the balance in full before the interest-free period ends. To get this amount, divide the total amount you owe (including the balance transfer fee) by the length of the interest-free period.

For example, if you’re approved to transfer $10,000 to a card with a 21-month introductory interest-free period, you’ll need to pay around $476 each month.

$10,000 / 21 months = $476.19

Tip

Setting up automated payments can help you pay off your transferred balance within the introductory period. This can also help you avoid missing a payment, which could result in you losing the 0% intro rate and trigger a high penalty APR.


To begin a balance transfer with Wells Fargo, you’ll need the following:

  • Your eligible Wells Fargo credit card
  • The account numbers of the card(s) you want to transfer
  • The amounts you want to transfer

Here are the steps needed to complete a Wells Fargo balance transfer – whether you’re applying for a new balance transfer offer or using an existing card.

How to do a Wells Fargo balance transfer for new applicants

After researching the balance transfer offers available from Wells Fargo, you can apply for the balance transfer card that best suits your needs.

  1. When applying online, you’ll be asked to enter information about yourself, including your name, Social Security number, date of birth, address, housing status, employment status and total annual income.
  2. Next, you’ll need to check a box stating that you’ve read and agree to the terms and conditions, including the esign consent terms and consent to obtain mobile information terms.
  3. Hit submit.
  4. Once you’re approved for the card, you can request a transfer 10 days after your account is open.

How to do a Wells Fargo balance transfer for existing cardholders

To transfer a balance to an existing Wells Fargo card, follow these steps:

  1. Log in to the Wells Fargo credit card service center.
  2. Select “Request Balance Transfer” under “Account Management.”
  3. You can also request a balance transfer by calling 800-642-4720.

After being approved for a balance transfer, it may take up to 14 days for your balance transfer request to be posted to your account.

It’s important to continue making monthly payments to your existing creditors until you obtain confirmation that the transfer has been received. This will help prevent you from incurring late charges or delinquencies on those accounts.

Balance transfer cards typically allow you to transfer the following types of debt:

  • Credit cards
  • Personal loans
  • Auto loans
  • Student loans
  • Home equity loans

Just know, you can’t transfer debt from one Wells Fargo credit card to another Wells Fargo card.

Wells Fargo currently offers two credit cards with 0% intro APR offers on balance transfers.

| Disclosures
Wells Fargo Reflect® Card*
Wells Fargo Reflect® Card
0% intro APR for 21 months from account opening
17.49%, 23.99%, or 29.24% Variable APR
$0
None
  • Select “Apply Now” to take advantage of this specific offer and learn more about product features, terms and conditions.
  • 0% intro APR for 21 months from account opening on purchases and qualifying balance transfers. 17.49%, 23.99%, or 29.24% variable APR thereafter; balance transfers made within 120 days qualify for the intro rate, BT fee of 5%, min: $5.
  • $0 Annual Fee.
  • Up to $600 of cell phone protection against damage or theft. Subject to a $25 deductible.
  • Through My Wells Fargo Deals, you can get access to personalized deals from a variety of merchants. It's an easy way to earn cash back as an account credit when you shop, dine, or enjoy an experience simply by using an eligible Wells Fargo credit card.
660 720 850
Good / Excellent
*The information related to the Wells Fargo Reflect® Card has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

| Disclosures
Wells Fargo Active Cash® Card*
Wells Fargo Active Cash® Card
0% intro APR for 12 months from account opening
19.49%, 24.49%, or 29.49% Variable APR
$0
Earn unlimited 2% cash rewards on purchases
  • Select “Apply Now” to take advantage of this specific offer and learn more about product features, terms and conditions.
  • Earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months.
  • Earn unlimited 2% cash rewards on purchases.
  • 0% intro APR for 12 months from account opening on purchases and qualifying balance transfers. 19.49%, 24.49%, or 29.49% Variable APR thereafter; balance transfers made within 120 days qualify for the intro rate and fee of 3% then a BT fee of up to 5%, min: $5.
  • $0 annual fee.
  • No categories to track or remember and cash rewards don’t expire as long as your account remains open.
  • Find tickets to top sports and entertainment events, book travel, make dinner reservations and more with your complimentary 24/7 Visa Signature® Concierge.
  • Up to $600 of cell phone protection against damage or theft. Subject to a $25 deductible.
660 720 850
Good / Excellent
*The information related to the Wells Fargo Active Cash® Card has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

A Wells Fargo balance transfer can be a good idea if you have a large amount of high-interest credit card debt. Since Wells Fargo balance transfer cards offer interest-free periods for more than a year, they allow 100% of your monthly payments to go toward the principal — which can help you save in the long run.

See LendingTree’s picks for the best balance transfer credit cards in 2024.

The information related to the Wells Fargo Reflect® Card and Wells Fargo Active Cash® Card has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply.

The content above is not provided by any issuer. Any opinions expressed are those of LendingTree alone and have not been reviewed, approved, or otherwise endorsed by any issuer. The offers and/or promotions mentioned above may have changed, expired, or are no longer available. Check the issuer's website for more details.

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