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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.
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LendingTree is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products. We are compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order).
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Wells Fargo Reflect® Card Review

LendingTree's Review

How LendingTree Rates Credit Cards?

Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.
3.3
Wells Fargo Reflect<sup>®</sup> Card
Regular APR
18.24%, 24.74%, or 29.99% Variable APR
Intro Purchase APR
0% intro APR 21 months from account opening
Intro BT APR
0% intro APR for 21 months from account opening on qualifying balance transfers
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It was not reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.
Our take: The Wells Fargo Reflect® Card is one of the best credit cards for financing a large purchase or doing a balance transfer. There’s a long intro APR for 21 months and a $0 annual fee. But, this card doesn’t come with any rewards or a sign-up bonus.

Citi is an advertising partner.

Pros and cons

  • Long intro APR on purchases and balance transfers
  • $0 annual fee
  • Cellphone protection
  • High balance transfer fee
  • No rewards program or sign-up bonus
  • Potentially high ongoing APR

Is the Wells Fargo Reflect® Card good?

If you have a large amount of high-interest credit card debt that you’re struggling to pay off, the Wells Fargo Reflect® Card might be a good card for you. It offers an intro APR on purchases and balance transfers for almost two years. This can help you finance a large purchase or pay off a balance transfer over time without paying interest charges.

If you’re looking to earn rewards on the purchases you make, this isn’t the card for you, since it doesn’t offer a rewards program. If you’re planning to use this card for a balance transfer, you should also be aware that there’s a balance transfer fee of 5%, min: $5.

Quick facts

  • Annual fee: $0
  • Sign-up bonus: None
  • Rewards: None
  • APR: 0% intro APR 21 months from account opening on purchases and 0% intro APR for 21 months from account opening on qualifying balance transfers. After, a 18.24%, 24.74%, or 29.99% Variable APR applies.
  • Balance transfer fee: 5%, min: $5
  • Foreign transaction fee: 3%
  • Other benefits: Cellphone protection, My Wells Fargo Deals, Roadside Dispatch®, Free FICO® credit score access and Zero Liability protection.
  • Credit needed: Good / Excellent

Wells Fargo Reflect® Card benefits

  • Long intro APR on purchases

    The Wells Fargo Reflect® Card offers the longest 0% intro APRs that you can currently find on purchases. You’ll get a 0% intro APR 21 months from account opening on purchases. Then, a 18.24%, 24.74%, or 29.99% Variable APR applies.

    A credit card with a long 0% APR is a good choice if you’re planning to use your credit card to finance a large purchase and pay it off over time without interest.

  • Long intro APR on balance transfers

    The Wells Fargo Reflect® Card also offers one of the longest introductory APR periods for balance transfers. You’ll get a 0% intro APR for 21 months from account opening on qualifying balance transfers. Then, a 18.24%, 24.74%, or 29.99% Variable APR applies.

    A balance transfer credit card usually offers an introductory 0% APR for six to 21 months to allow you to work towards paying down your credit card balance without interest.

     

    Compared to other cards: The Citi Simplicity® Card and Citi® Diamond Preferred® Card both offer an intro APR of 21 months on balance transfers, but only for 12 months on purchases.

  • Cellphone protection

    With the Wells Fargo Reflect® Card, you’ll get up to $600 in cellphone protection as reimbursement for damage or theft when you use your card to pay your monthly cellphone bill. You’ll be subject to a $25 deductible. Similar cards like the Citi Simplicity® Card and Citi® Diamond Preferred® Card don’t offer cellphone protection as a benefit.

    This card also comes with a few other benefits:

    • Roadside dispatch: 24/7 on-demand referral dispatch network that provides emergency roadside assistance, towing or locksmith service.
    • Zero liability protection: Built-in protection so you won’t be held responsible for unauthorized transactions.
    • Credit close-up: Complimentary monthly FICO Score updates and credit insights.

Wells Fargo Reflect® Card drawbacks

  • High balance transfer fee

    If you decide to transfer a balance, you’ll be subject to a balance transfer fee of 5%, min: $5. For example, if you transfer $6,000 to the Wells Fargo Reflect® Card within the first 120 days, the balance transfer fee will be $300. While most credit cards have a balance transfer fee, the Wells Fargo Reflect® Card is on the higher end.

    The high balance transfer fee puts the Wells Fargo Reflect® Card at a disadvantage to some cards with smaller fees, despite its long introductory period. For example, on a $6,000 balance transfer, you can potentially save much more with the Citi Simplicity® Card. You can also potentially save more with the Citi Double Cash® Card and the BankAmericard® credit card, even though they have slightly shorter intro periods.

    Cost of $6,000 balance transfer

    Balance transfer feeCost of balance transferEstimated savings*
    Citi Simplicity® CardThere is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. Then a balance transfer fee applies with this offer 5% of each balance transfer; $5 minimum.$180$1,180
    BankAmericard® credit card
    3% intro fee for 60 days, then 4%.$180$1,164
    Citi Double Cash® Card
    There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. A balance transfer fee of 5% of each transfer ($5 minimum) applies if completed after 4 months of account opening.$180$1,162
    Wells Fargo Reflect® Card5%, min: $5$300$1,060
    Citi® Diamond Preferred® CardBalance transfer fee applies with this offer 5% of each balance transfer; $5 minimum.$300$1,060

    *We estimate how much the typical cardholder might save on a $6,000 balance transfer, assuming the card’s intro period, average APR, a $300 monthly payment and subtracting any fees involved, compared to carrying the same balance on another card.

    There are a few credit cards available with no balance transfer fee. This can save you a significant amount that you can use towards paying off your balance.

  • No rewards program or sign-up bonus

    If you’re looking to earn rewards with your credit card, the Wells Fargo Reflect® Card isn’t a good choice. It doesn’t have a rewards program, so you won’t have the opportunity to earn cash back, points or miles for the purchases you make. There’s also no sign-up bonus with this card.

    If earning rewards is important to you, the Citi Double Cash® Card is a good alternative. It still offers a long 18 month intro APR on purchases and balance transfers, but you can earn up to 2% on every purchase. Plus, there’s an opportunity to earn a sign-up bonus.

    If you’re looking to earn rewards, check out a rewards credit card like a cash back or travel card or a credit card that offers a sign-up bonus.

  • Potentially high ongoing APR

    While the Wells Fargo Reflect® Card has an excellent intro period on purchases and balance transfers, you should make sure that you can pay your balance in full over the 21 month period. That’s because this card comes with a potentially high ongoing 18.24%, 24.74%, or 29.99% Variable APR on purchases and balance transfers. And there’s no guarantee that you’ll get the low end because it’s based on creditworthiness when you apply for the card.

Wells Fargo Reflect® Card vs. Citi Double Cash® Card

| Disclosures
Citi Double Cash® Card*
Citi Double Cash® Card
Learn More
on Citibank's secure site
N/A
19.24% - 29.24% (Variable)
$0
Earn 2% on every purchase with unlimited 1% cash back when you
  • Earn $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back.
  • Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. To earn cash back, pay at least the minimum due on time. Plus, for a limited time, earn 5% total cash back on hotel, car rentals and attractions booked on the Citi Travel℠ portal through 12/31/24.
  • Balance Transfer Only Offer: 0% intro APR on Balance Transfers for 18 months. After that, the variable APR will be 19.24% - 29.24%, based on your creditworthiness.
  • Balance Transfers do not earn cash back. Intro APR does not apply to purchases.
  • If you transfer a balance, interest will be charged on your purchases unless you pay your entire balance (including balance transfers) by the due date each month.
  • There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. After that, your fee will be 5% of each transfer (minimum $5).
600 660 720 850
Fair / Good / Excellent
*The information related to the Citi Double 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.


The Citi Double Cash® Card offers a better overall value for transferring a balance. While it comes with a slightly shorter intro APR of 18 months. There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. A balance transfer fee of 5% of each transfer ($5 minimum) applies if completed after 4 months of account opening. The lower balance transfer fee can save you more than $100 on a large balance transfer, compared to the Wells Fargo Reflect® Card.

Plus, it has a solid cash back rewards program that allows you to earn up to 2% on every purchase — 1% when you make a purchase and the other 1% when you pay it off. Cash back can be redeemed as a statement credit, direct deposit or check, or converted to points.

But, unlike the Wells Fargo Reflect® Card, The Citi Double Cash® Card doesn’t come with an intro APR on purchases.

Wells Fargo Reflect® Card vs. Citi Simplicity® Card

| Disclosures
Citi Simplicity® Card
Citi Simplicity® Card
apply-now-icon Apply Now
on Citibank's secure site
Rates & Fees
0% intro APR for 12 months on Purchases
19.24% - 29.99% (Variable)
$0
N/A
  • No Late Fees, No Penalty Rate, and No Annual Fee... Ever
  • 0% Intro APR for 21 months on balance transfers from date of first transfer and 0% Intro APR for 12 months on purchases from date of account opening. After that the variable APR will be 19.24% - 29.99%, based on your creditworthiness. Balance transfers must be completed within 4 months of account opening.
  • There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. After that, your fee will be 5% of each transfer (minimum $5).
  • Stay protected with Citi® Quick Lock
660 720 850
Good / Excellent

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.


The Citi Simplicity® Card is another option that offers an intro APR on balance transfers for 21 months. This card beats the Wells Fargo Reflect® Card in terms of balance transfers because it offers a lower intro balance transfer fee. There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. Then a balance transfer fee applies with this offer 5% of each balance transfer; $5 minimum.

But, the Citi Simplicity® Card comes with a much shorter intro APR on purchases for only 12 months. It also doesn’t come with many additional benefits that the Wells Fargo Reflect® Card has like cellphone protection. Like the Wells Fargo Reflect® Card, there’s no rewards program or sign-up bonus.

Wells Fargo Reflect® Card vs. Citi® Diamond Preferred® Card

| Disclosures
Citi® Diamond Preferred® Card*
Citi® Diamond Preferred® Card
Learn More
on Citibank's secure site
0% intro APR for 12 months on Purchases
18.24% - 28.99% (Variable)
$0
N/A
  • 0% Intro APR for 21 months on balance transfers from date of first transfer and 0% Intro APR for 12 months on purchases from date of account opening. After that the variable APR will be 18.24% - 28.99%, based on your creditworthiness. Balance transfers must be completed within 4 months of account opening.
  • There is a balance transfer fee of either $5 or 5% of the amount of each transfer, whichever is greater
  • Get free access to your FICO® Score online.
  • With Citi Entertainment®, get special access to purchase tickets to thousands of events, including concerts, sporting events, dining experiences and more.
  • No Annual Fee - our low intro rates and all the benefits don’t come with a yearly charge
660 720 850
Good / Excellent
*The information related to the Citi® Diamond Preferred® 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.


The Citi® Diamond Preferred® Card is a very similar card to the Wells Fargo Reflect® Card. It offers the same intro APR of 21 months on balance transfers and comes with the same high balance transfer fee.

But, the Wells Fargo Reflect® Card beats this card because it has a longer purchase APR and better benefits like cellphone protection.

Is the Wells Fargo Reflect® Card right for you?

The Wells Fargo Reflect® Card is a great option for those looking to pay off existing credit card debt or finance a large purchase, thanks to its extremely long introductory APR period on balance transfers and purchases. But, if you’re looking for a card to earn rewards with once you’re done paying off your balance, you may want to look elsewhere.

You can find balance transfer cards and 0% APR cards that offer a much better value overall because they include rewards on every purchase.

The information related to the BankAmericard® credit card has been independently collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication.

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