topic Re: WF > Visa Signature in Credit Cards

WF > Visa Signature

nenuco — Sun, 08 Nov 2015 21:26:48 GMT

Happy Sunday! I was looking to add WF to my portfolio, and found their Visa Signature cards interesting. They have a 5% promotion on gas, groceries and drugstores for the first six months/ No AF. Does it become a 1% card after that? Also do they look this nice in person? Never seen a gold Visa Signature logo Finally- are they like BoA where if you don't qualify for VS you automatically get platinum? I have always received VS from BoA, but not sure about WF as they seem more conservative. Thanks!

Re: WF > Visa Signature

Anonymous — Sun, 08 Nov 2015 21:28:27 GMT

it'll be platinum if you can't get the VS and still qualify. yes it's a boring 1% on everything card after six months which basically makes that card a waste if you ask me

Re: WF > Visa Signature

Anonymous — Sun, 08 Nov 2015 21:29:29 GMT

I would apply for it if your scores were limited and you had a lengthy prior relationship with wellsfargo. Other than that, there are far better cards to get for rewards. Click themanwhocan's link in my signature if you want a better idea. Or list your spend and its categories.

Re: WF > Visa Signature

Anonymous — Sun, 08 Nov 2015 21:30:48 GMT

jfriend33 you need to put it in your mobile signature too

Re: WF > Visa Signature

Anonymous — Sun, 08 Nov 2015 21:36:58 GMT

@Anonymous wrote:
jfriend33 you need to put it in your mobile signature too

woah buddy! Thank u! Didnt even know there was one!

Re: WF > Visa Signature

Anonymous — Sun, 08 Nov 2015 21:42:17 GMT

hahahahaha!!!!

Re: WF > Visa Signature

nenuco — Sun, 08 Nov 2015 23:32:26 GMT

Any other decent WF cards that don't carry an AF? Not looking for it to be my main card, just a way to get my foot in the door with WF. Does anyone already have one of the Visa Signature cards? Thanks!

Re: WF > Visa Signature

Anonymous — Sun, 08 Nov 2015 23:44:52 GMT

@nenuco wrote:
Any other decent WF cards that don't carry an AF? Not looking for it to be my main card, just a way to get my foot in the door with WF. Does anyone already have one of the Visa Signature cards? Thanks!

While people may disagree on the definitional scope of "decent", I, unfortunately, don't think Wells Fargo offers any decent no annual fee credit cards. Their Visa Signature card gives you an extra 50% back on redemptions when you redeem for airfare through their travel portal, which takes their card from an unrestricted 1% back to 1.5% back with serious restrictions, but this is still completely eclipsed by a card as commonplace and easy-to-get as a Quicksilver (1.5% back on everything).

WF's card selection is very unexciting, unfortunately, and the only reason I have one is that I began my credit journey with WF with a secured card (it has since graduated and PCed to a Platinum Rewards Visa). My direct deposit is with WF though, so I'm hoping if they ever do ramp up their selection, I'll be a worthy candidate to them (they are very relationship-oriented with card approvals).

Re: WF > Visa Signature

CribDuchess — Mon, 09 Nov 2015 01:07:28 GMT

DH and I both have WF cash back visa signature cards. They worked well for what we used them for (MS), as the 5% cash back rewards are not capped. We used DH's for six months, then I app'd so we could get another six months.

Re: WF > Visa Signature

nenuco — Mon, 09 Nov 2015 01:11:23 GMT

Have to admit the design and gold Visa Signature look pretty nice. Pitty WF doesn't have a good CC portfolio. Maybe in a year or two!

@cribduchess does your card have the gold visa signature logo? How do you like WF CS?

Re: WF > Visa Signature

NRB525 — Mon, 09 Nov 2015 01:23:02 GMT

While the WF card has 5% in the first 6 months, keep in mind the redemption minimum is $25, and basically $25 increments, so one needs to ensure that one reaches clear $500 levels on category spend during the 6-month intro to make any sense.

Then, after the first 6 months, the 1% earned rewards also require $25 increment redemption, meaning one must spend in $2,500 tranches to get any rewards for that tranche. Those points begin to expire 60 months after they are first earned as well, so one cannot dawdle in getting to the $2,500 level. (my likely response will be to treat it as a zero rewards card)

I keep getting this card as an offer when I log in to WF, and keep telling them to "remind me later". Also got another paper mailer for this card this week. Someday I may have a 6-month period where it will make sense to get this card, but not on the horizon yet.

Re: WF > Visa Signature

OmarGB9 — Mon, 09 Nov 2015 06:01:25 GMT

I got a college version rewards card and while the design is quite nice (card design I mean; I don't have a visa sig sadly), the rewards are practically nonexistent. I honestly just throw on an auto pay charge on their to keep it active and occasionally swipe it here and there to show them some luv, but I've got far better cards now. That being said, I'm forever grateful to WF for getting me started on my credit journey by issuing me my first unsecured cc with a pretty generous limit ($1.2k) fresh out of high school with virtually no credit history.