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 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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Advertising Disclosure
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).

Advertising Disclosure

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).

What Are Wells Fargo Rewards Worth?

The content of this article is based on the author’s opinions and recommendations alone. It may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

Citi is an advertising partner.

If you have an eligible Wells Fargo credit card, you can earn Wells Fargo Rewards points, which are typically worth 1 cent each and can be redeemed for a variety of options such as cash back, travel and gift cards.

The Wells Fargo Rewards program offers value for consumers who want simplicity and like to redeem points to cover past purchases, get a check or share with family members. However, for consumers who prefer to optimize their rewards for maximum travel value, this rewards program falls short because you can’t transfer points to travel partners. If that’s your goal, you might prefer a program such as Chase Ultimate Rewards®.

How to earn Wells Fargo Rewards points

| Disclosures
Wells Fargo Active Cash® Card
Wells Fargo Active Cash® Card
on Wells Fargo's secure site
0% intro APR for 15 months from account opening
19.74%, 24.74%, or 29.74% variable APR
$0
Earn unlimited 2% cash rewards on purchases
  • Earn a $200 cash rewards bonus after spending $1,000 in purchases in the first 3 months
  • Earn unlimited 2% cash rewards on purchases
  • 0% intro APR for 15 months from account opening on purchases and qualifying balance transfers, then a 19.74%, 24.74%, or 29.74% variable APR; 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
  • Enjoy a premium collection of benefits at a selection of the world's most intriguing and prestigious hotel properties with Visa Signature Concierge
  • Get up to $600 of cell phone protection against damage or theft when you pay your monthly cell phone bill with your eligible Wells Fargo card (subject to a $25 deductible).
  • Select “Apply Now” to learn more about the product features, terms and conditions
660 720 850
Excellent/Good

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 main way to earn Wells Fargo points is through a Wells Fargo credit card.

There’s currently one Wells Fargo credit card available online to new applicants that earns Wells Fargo Rewards: the Wells Fargo Active Cash® Card. Cardholders earn unlimited 2% cash rewards on purchases. Plus, earn a $200 cash rewards bonus after spending $1,000 in purchases in the first 3 months.

Though the Wells Fargo Active Cash® Card is marketed as a cash back credit card, the cash back you earn comes in the form of Wells Fargo Rewards points — which can be redeemed for cash back or other options.

Other credit cards that earn Wells Fargo Rewards, such as the Wells Fargo Propel American Express® card and the Wells Fargo Visa Signature® Card are no longer open for application on Wells Fargo’s website.

Wells Fargo also offers deals you can activate when logged into your credit card account. These allow you to earn extra cash back with a variety of merchants and services, such as Starbucks and Disney+.

The information related to the Wells Fargo Propel American Express® card and the Wells Fargo Visa Signature® Card has been independently collected by LendingTree and has not been reviewed or provided by the issuer of these cards prior to publication.

Value of Wells Fargo Rewards points

You can generally expect each Wells Fargo Rewards point to be worth 1 cent. A popular feature of the Wells Fargo Visa Signature® Card allowed cardholders to redeem points for 50% more value — 1.5 cents each — toward airfare. However, the application for that credit card is no longer available on the issuer’s site.

Unfortunately, unlike its top competitors — American Express, Chase and Capital One — Wells Fargo doesn’t offer any other options to increase your value of your points. There are no redemption bonuses through it’s currently available card, and you cannot transfer points to other loyalty programs. For this reason, Wells Fargo points are less valuable than these programs’ points.

Ways to redeem Wells Fargo Rewards points

Wells Fargo Rewards points are flexible and offer numerous redemption options, including:

Cash back

Perhaps the easiest way to redeem your Wells Fargo Rewards points for cash back is to cover eligible purchases on your credit card. This option allows you to select one or more recent purchases and get a statement credit for that amount, with just $1 being the minimum redemption.

You can also request a statement credit to your card or a paper check in the mail. Such redemptions can be done in $25 increments. If you have a qualifying Wells Fargo checking account or mortgage, you can redeem your rewards as a credit to that account (you must still make any regularly scheduled payments).

Finally, if you have a Wells Fargo ATM or debit card, you can redeem points for cash in $20 increments.

Travel

You can book travel via the Wells Fargo Rewards website, including flights, hotels, car rentals and more.

Gift cards

You can redeem points for gift cards in $25 increments. Examples of some of the merchants available include Airbnb, Amazon, Apple, CVS, Google Play, Home Depot, Hulu, PetSmart and DoorDash.

Merchandise

You can use points to shop online via the Wells Fargo Rewards website for items including school supplies, electronics and more. In addition, you can set up Pay with Rewards through PayPal, and redeem your credit card rewards to go toward online purchases with participating merchants when checking out with PayPal.

Sharing

A nice feature of the Wells Fargo Rewards program is that you can share your points in a variety of ways.

You can contribute toward a common goal by pooling rewards with family and friends who are also Wells Fargo customers, send rewards as a gift to someone who is a Wells Fargo customer or donate your rewards to charity starting at $25. The option to share rewards might not be as obvious as some of the other options — when you’re on the Wells Fargo Rewards site, you can get there through the following steps:

  1. Hover over “use rewards”
  2. Click on “redemption values”
  3. Tab over to “share rewards”

Wells Fargo Rewards vs. other credit card rewards programs

Wells Fargo Rewards offers consumers much to like. But how does it compare to rewards programs offered by other top credit card issuers? One thing that’s missing from Wells Fargo Rewards is the ability to transfer points to airline and hotel partners. If you’re a frequent traveler who prioritizes getting the best travel deals possible with your credit card rewards, being able to transfer points to partners is a key feature.

Consider the following cards and rewards programs if transferring points is important to you:

American Express® Gold Card

| Disclosures
American Express® Gold Card
American Express® Gold Card
on American Express's secure site
Terms Apply
N/A
See Pay Over Time APR
$250
Earn 4X Membership Rewards® Points at Restaurants, plus takeout and delivery in
  • Earn 60,000 Membership Rewards® points after you spend $4,000 on eligible purchases with your new Card within the first 6 months of Card Membership.
  • Earn 4X Membership Rewards® Points at Restaurants, plus takeout and delivery in the U.S., and earn 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X).
  • Earn 3X Membership Rewards® points on flights booked directly with airlines or on amextravel.com.
  • $120 Uber Cash on Gold: Add your Gold Card to your Uber account and each month automatically get $10 in Uber Cash for Uber Eats orders or Uber rides in the U.S., totaling up to $120 per year.
  • $120 Dining Credit: Satisfy your cravings and earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, Milk Bar and select Shake Shack locations. Enrollment required.
  • Choose the color that suits your style. Gold or Rose Gold.
  • No Foreign Transaction Fees.
  • Annual Fee is $250.
  • Terms Apply.
660 720 850
Excellent/Good

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.

Rewards rate: Earn 4X Membership Rewards® Points at Restaurants, plus takeout and delivery in the U.S., and earn 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X), and 3X Membership Rewards® points on flights booked directly with airlines or on amextravel.com. Terms apply. Points can be transferred to most of the issuer’s travel partners at a 1:1 rate.

Welcome offer: 60,000 Membership Rewards® points after you spend $4,000 on eligible purchases with your new Card within the first 6 months of Card Membership.

Annual fee: $250

To see rates and fees for the American Express® Gold Card please click here.

Capital One Venture Rewards Credit Card

| Disclosures
Capital One Venture Rewards Credit Card
Capital One Venture Rewards Credit Card
on Capital One's secure site
N/A
20.24% - 28.24% (Variable)
$95
2 Miles per dollar on every purchase, every day; 5 Miles on
  • Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel
  • Earn unlimited 2X miles on every purchase, every day
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Receive up to a $100 credit for Global Entry or TSA PreCheck®
  • Enjoy two complimentary visits per year to Capital One Lounges or to 100+ Plaza Premium Lounges through the Partner Lounge Network
  • Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
  • Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
  • Transfer your miles to your choice of 15+ travel loyalty programs
  • For Capital One products listed on this page, some of the benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply
660 720 850
Excellent/Good

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.

Rewards rate: 2 Miles per dollar on every purchase, every day; 5 Miles on hotels and rental cars booked through Capital One Travel. Capital One miles can be transferred to most of the issuer’s travel partners at a 1:1 rate.

Sign-up bonus: Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel.

Annual fee: $95

Chase Sapphire Preferred® Card

| Disclosures
Chase Sapphire Preferred® Card
Chase Sapphire Preferred® Card
on Chase's secure site
N/A
20.49% - 27.49% Variable
$95
5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.
  • Enjoy benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024.
720 850
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.

Rewards rate: 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases. Chase Ultimate Rewards® can be transferred to any of the issuer’s airline and hotel partners at a 1:1 rate.

Sign-up bonus: Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.

Annual fee: $95

Citi Premier® Card

| Disclosures
Citi Premier® Card
Citi Premier® Card
on Citibank's secure site
N/A
20.74% - 28.74% (Variable)
$95
Earn 3X points per $1 spent at restaurants, supermarkets, gas stations, air
  • Earn 60,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening
  • Earn 3 Points per $1 spent at Restaurants and Supermarkets
  • Earn 3 Points per $1 spent at Gas Stations, Air Travel and Hotels
  • Earn 1 Point per $1 spent on all other purchases
  • Annual Hotel Savings Benefit
  • 60,000 ThankYou® Points are redeemable for $600 in gift cards when redeemed at thankyou.com
  • No expiration and no limit to the amount of points you can earn with this card
  • No Foreign Transaction Fees on purchases
660 720 850
Excellent/Good

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.

Rewards rate: Earn 3X points per $1 spent at restaurants, supermarkets, gas stations, air travel and hotels and 1X per $1 spent on all other purchases. Citi ThankYou® Points can be transferred to most of the issuer’s travel partners at a 1:1 rate.

Sign-up bonus: Earn 60,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening.

Annual fee: $95

To see rates and fees for the American Express® Gold Card please click here.