topic Looking for a BT card from WF in Credit Card Applications

Looking for a BT card from WF

pi-r-squared — Mon, 17 Oct 2022 19:10:26 GMT

I'm looking to BT some Discover balance to a new card. A possible candidate is WF Active Cash and I am pre-selected. Problems are these:

1. I have a Wells Fargo issued credit card for Home Projects and was granted to me less than 15 months ago.

2. Initially, I used it for a 0% APR if paid in full special promotion. It got paid off early and it now has a balance on it with another 0% APR special promotion.

The problem I see is in the "fine print."

"You may not be eligible for introductory annual percentage rates, fees, and/or bonus rewards offers if you opened a Wells Fargo Credit Card within the last 15 months from the date of this application and you received introductory APR(s), fees, and/or bonus rewards offers — even if that account is closed and has a $0 balance."

Question would be did I receive an introductory APR with the Home Projects card?

Re: Looking for a BT card from WF

NoMoreE46 — Tue, 18 Oct 2022 03:54:09 GMT

Given this fine print, I would call and ask. There is a 6 month period for new applications which seems not relevant to your case.

Personally, I received two 0% intro offers in less than 15 months. First card was the Active Cash. My second card was the Autograph. Further, I have seen a few posts whereby the Autograph was not held to the 15 months rule. Given you are talking about the Active Cash, it may be subject to it. Would you try to go for the Autograph?

@pi-r-squared wrote:
I'm looking to BT some Discover balance to a new card. A possible candidate is WF Active Cash and I am pre-selected. Problems are these:

1. I have a Wells Fargo issued credit card for Home Projects and was granted to me less than 15 months ago.

2. Initially, I used it for a 0% APR if paid in full special promotion. It got paid off early and it now has a balance on it with another 0% APR special promotion.

The problem I see is in the "fine print."

"You may not be eligible for introductory annual percentage rates, fees, and/or bonus rewards offers if you opened a Wells Fargo Credit Card within the last 15 months from the date of this application and you received introductory APR(s), fees, and/or bonus rewards offers — even if that account is closed and has a $0 balance."

Question would be did I receive an introductory APR with the Home Projects card?

Re: Looking for a BT card from WF

pi-r-squared — Tue, 18 Oct 2022 11:56:31 GMT

I got approved and received this email info.

Line of credit	$16000
Instant credit available	$9600
Purchase APR	0.0% introductory APR for 15 months. After that your APR will be 22.99%. This APR will vary with the market based on the U.S. Prime Rate.

It didn't mention anything about Balance Transfers. I hope I qualified!

Re: Looking for a BT card from WF

NoMoreE46 — Tue, 18 Oct 2022 14:36:29 GMT

Congratulations

That 0% rate should be good for Purchases AND BTs.

Re: Looking for a BT card from WF

NoMoreE46 — Tue, 18 Oct 2022 14:38:30 GMT

Most certainly there will be 5% fee on the amount transferred.

Try the BT online after you get the card activated.