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Wells Fargo Cardholders: New Ca$hout Options

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14Fiesta
Established Contributor

Wells Fargo Cardholders: New Ca$hout Options

"Wells Fargo is making “cash back” as literal as possible, allowing customers to cash out their credit card rewards right at the ATM.

The San Francisco-based bank announced last week that cardholders participating in the Wells Fargo Rewards Program could withdraw their rewards in $20 increments from more than 12,500 bank-affiliated ATMs across the country. Wells Fargo says it is “the first major U.S. financial services provider to introduce this functionality.”"

 

 

Not so good for you points collectors that transfer to partners (CSP?), But great that we could see this option expanding to all cashback cards if it catches on. 

 

http://www.pymnts.com/news/2015/wells-fargo-offering-rewards-straight-from-the-atm/#.VOPtzvnF_T8






EX FICO (AMEX): 728 (4/29/17) | TU FICO (Discover): 737 (4/7/17) | EQ FICO (Citi): 746 (3/28/17)
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Anonymous
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Re: Wells Fargo Cardholders: New Ca$hout Options

14Fiesta - great info! First I heard of this. The industry may go through another card benefit change due to Wells Fargo's progressive view on rewards cash! Literally cash.
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