topic Re: New Wells Fargo cards dropped in Credit Cards

New Wells Fargo cards dropped

Gregory1776 — Fri, 19 Jul 2024 05:05:10 GMT

https://creditcards.wellsfargo.com/compare-one-key-credit-cards/?sub_channel=WEB&vendor_code=IA&lang=en&product_code=CC&subproduct_code=MC&placement_id=HPP&offerid=C_ccd_tk1onekeyrspv_hpprimary&slotid=WF_CON_HP_PRIMARY&linkloc=HP&OfferType=TK1

Re: New Wells Fargo cards dropped

4sallypat — Fri, 19 Jul 2024 14:08:32 GMT

Thanks - new WF offerings!

Too bad the card doesn't offer anything for AirBNB users.

I have not used VRBO or Expedia...

Re: New Wells Fargo cards dropped

Bandit5160 — Fri, 19 Jul 2024 15:10:57 GMT

My Hotels.com Bisa is transitioning to a One Key MC. I'm meh anout it, as there does not seem to be too much difference.

Re: New Wells Fargo cards dropped

Snook_on_the_Line — Fri, 19 Jul 2024 20:04:45 GMT

Seems like if you read the fine print you've gotta spend 30k a year to get the 9% on Expedia. Hotels.com and vrbo.

but as an interesting plus there's a "see if you're approved with no impact to your score" button which redirects you to expedias sign in landing page. So I guess you need an Expedia account to check.

Re: New Wells Fargo cards dropped

CreditCuriosity — Fri, 19 Jul 2024 21:00:04 GMT

Appears to have a check if pre-approval feature as well wonder if any better than pre-qual for normal WF cards which is basically worthless. This is a new offering from them as appears a SP to ones credit vs awful pre-qual tool of theirs for those interested. With that said dont think card is anything special

Re: New Wells Fargo cards dropped

Snook_on_the_Line — Fri, 19 Jul 2024 23:10:26 GMT

A Quick Look at the Expedia website says that you can achieve one key platinum status by booking 30 trip items.

a trip item could be a rental car for a day, a hotel night, a vrbo per night, a cabin on a cruise per night, a flight ect.

so I guess if you book a lot of travel thru Expedia you could get platinum status (required for the 9% Expedia/hotels.com/vrbo) without the meeting the 30k yearly spend requirement.

Re: New Wells Fargo cards dropped

CreditCuriosity — Sat, 20 Jul 2024 03:19:26 GMT

Was Curious and pre-approval actually worked. Pretty low limit considering other cards/profile of 820+ scores. Granted this is first time WF has given me any kinda of offer normally they shut the door on me instantly maybe things have changed since have been overall good for last 10 months or maybe this UW is more lose than their core cards i have tried years back. I turned offer down as no interest in card but I ws bored.

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Re: New Wells Fargo cards dropped

xenon3030 — Sat, 20 Jul 2024 05:03:25 GMT

WF = Weirdo Funny

They cannot introduce any card that can be attractive enough, even with large SUB. Not interested.

Re: New Wells Fargo cards dropped

IsambardPrince — Sat, 20 Jul 2024 07:10:19 GMT

Some DP:

They pre-approved my spouse on soft pull but didn't take the card. $4,000 limit.

Me, same income, $9,000 limit. DIdn't take the card.

Oddly, it's me with the lower FICO scores. He has them in the 780s now and mine are in the high 600s and low 700s due to a bankruptcy years ago.

We may consider applying at some point.

We only travel infrequently and usually within our own state, but I've been thinking about a travel card for a while now.

For no annual fee, the basic version of this card doesn't seem to be too bad of a deal.

Re: New Wells Fargo cards dropped

Hex — Sat, 20 Jul 2024 11:25:04 GMT

I have an Autograph card with a $25K limit that started as a $4K Propel in 2019.

Whenever I do the Well's prequalification I always come up empty.
I did get a prequalification for this card. I wonder if this means I would be approved for a different Wells card. I don't think this card would be very helpful for me at this time.

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Re: New Wells Fargo cards dropped

SouthJamaica — Sat, 20 Jul 2024 11:45:57 GMT

@Snook_on_the_Line wrote:
Seems like if you read the fine print you've gotta spend 30k a year to get the 9% on Expedia. Hotels.com and vrbo.

but as an interesting plus there's a "see if you're approved with no impact to your score" button which redirects you to expedias sign in landing page. So I guess you need an Expedia account to check.

I can't even find that in the fine print. Highly deceptive advertising. Wells Fargo = bad people.

Re: New Wells Fargo cards dropped

Snook_on_the_Line — Sat, 20 Jul 2024 13:21:11 GMT

@SouthJamaica wrote:
@Snook_on_the_Line wrote:
Seems like if you read the fine print you've gotta spend 30k a year to get the 9% on Expedia. Hotels.com and vrbo.

but as an interesting plus there's a "see if you're approved with no impact to your score" button which redirects you to expedias sign in landing page. So I guess you need an Expedia account to check.
I can't even find that in the fine print. Highly deceptive advertising. Wells Fargo = bad people.

Just under the 9% if your viewing the page on a phone there is a little drop down that says show more. If you click it, it says that you get three% automatically and gold members get an additional four. Platinum members an additional six. For a total of up to 9%

scrolling down the page a little more it says one key tiers. The annual fee version gets automatic gold and platinum at 30k annual spend.

Re: New Wells Fargo cards dropped

IsambardPrince — Sat, 20 Jul 2024 20:58:52 GMT

@Hex wrote:
I have an Autograph card with a $25K limit that started as a $4K Propel in 2019.
Whenever I do the Well's prequalification I always come up empty.
I did get a prequalification for this card. I wonder if this means I would be approved for a different Wells card. I don't think this card would be very helpful for me at this time.

IMG_8732.png

Wells Fargo has different underwriting standards for all of their cards and only they know what they are.

But my experience along with seeing who they decline (800s FICO, High Income esp on the Attune) has been they'll throw higher credit lines and are more likely to approve people where there's something wrong with their credit file (like a bankruptcy or revolving balances on other cards) to imply they might go on a spending binge and get themselves in a lot of trouble.

My DP for this card only seem to further this belief.

Re: New Wells Fargo cards dropped

Gregory1776 — Sun, 21 Jul 2024 02:01:04 GMT

@IsambardPrince wrote:
@Hex wrote:
I have an Autograph card with a $25K limit that started as a $4K Propel in 2019.
Whenever I do the Well's prequalification I always come up empty.
I did get a prequalification for this card. I wonder if this means I would be approved for a different Wells card. I don't think this card would be very helpful for me at this time.

IMG_8732.png

Wells Fargo has different underwriting standards for all of their cards and only they know what they are.

But my experience along with seeing who they decline (800s FICO, High Income esp on the Attune) has been they'll throw higher credit lines and are more likely to approve people where there's something wrong with their credit file (like a bankruptcy or revolving balances on other cards) to imply they might go on a spending binge and get themselves in a lot of trouble.

My DP for this card only seem to further this belief.

HAHA they gave me 20K SL, pushed that balance close to the limit and they raised me to 23K automatically and i almost used that.

Ill be PIF in a couple weeks, no interest payments thank god.

Opened a checking with them because im sick of PenFed & wanted to offset interest payments, and im hoping to get the limit to 30K

Re: New Wells Fargo cards dropped

Hex — Sun, 21 Jul 2024 05:29:43 GMT

@IsambardPrince

Well you might be onto something because I have a 8 yr old BK7 on my reports. My FICO 9's are 781 to 801 and my 8's are 746 to 750. My income is pretty good. I only let about $40 report on one card each month.

Re: New Wells Fargo cards dropped

IsambardPrince — Sun, 21 Jul 2024 05:48:53 GMT

@Hex wrote:
@IsambardPrince
Well you might be onto something because I have a 8 yr old BK7 on my reports. My FICO 9's are 781 to 801 and my 8's are 746 to 750. My income is pretty good. I only let about $40 report on one card each month.

I noticed that Wells Fargo is always happy to give me another card and it normally has a decent spending limit on it.

When they said $15,000 limit on a card 3 years after my bk7 (first card with Wells) I was trying not to have my jaw drop open.

Up to that point, nobody else wanted to give me half that.

I'm seriously mulling the Key or Key+ now instead of the Venture X I was pondering (No C1 won't give me the VX, but they would let my spouse have it and give me an AU). The size of the SUB on the WF even as OkeKey Cash is pretty substantial with a lower spend requirement.

Re: New Wells Fargo cards dropped

IsambardPrince — Sun, 21 Jul 2024 08:27:16 GMT

@Snook_on_the_Line wrote:
@SouthJamaica wrote:
@Snook_on_the_Line wrote:
Seems like if you read the fine print you've gotta spend 30k a year to get the 9% on Expedia. Hotels.com and vrbo.

but as an interesting plus there's a "see if you're approved with no impact to your score" button which redirects you to expedias sign in landing page. So I guess you need an Expedia account to check.
I can't even find that in the fine print. Highly deceptive advertising. Wells Fargo = bad people.
Just under the 9% if your viewing the page on a phone there is a little drop down that says show more. If you click it, it says that you get three% automatically and gold members get an additional four. Platinum members an additional six. For a total of up to 9%

scrolling down the page a little more it says one key tiers. The annual fee version gets automatic gold and platinum at 30k annual spend.

It's actually 6% on the no AF one and 7% on the AF one But yeah, it's not 9% unless you hit Platinum by spending a lot of money.

The AF one returns $5 more than the AF in OneKey cash and pays for your Global Entry (which comes with TSA PreCheck, so do that instead of PreCheck).

For what it is, there's still value here even if you travel a couple times a year.

The "immediate $100 travel credit on $95 AF" thing is clearly aimed at the Capital One Venture X which does that, the Global Entry is aimed at other AF credit cards that give it to you once every 4 years. The travel credit you earn is better than the Venture but not as good as the Venture X.

And the OneKey cards don't let you into airport lounges. But the Venture only gives you one visit a year to Capital One lounges, and that ends at the end of this year. The Venture X lets you use them all you want, but has a hefty $395 AF.

So the OneKey cards are competitive. The AF one is $95 and fits somewhere in value between Venture and Venture X (with the main difference being a slightly lower rewards rate on travel and the portal being Expedia's), and no airport lounges.

The Venture X has a humongous annual fee. Sure you get most of it back, but Capital One Travel isn't exactly the best. I've heard of people who had problems and ended up on the phone with the bank instead of getting in their rental car or checking into the hotel.

Re: New Wells Fargo cards dropped

Waldemar — Mon, 22 Jul 2024 00:42:12 GMT

I was pleasantly surprised to see that I was pre-approved, especially considering I filed for bankruptcy in 2021 and WF burned for about $2,600. However, I'm worried about accepting the offer only to be denied later.

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Re: New Wells Fargo cards dropped

CreditCuriosity — Sun, 21 Jul 2024 16:01:14 GMT

@Waldemar wrote:
I was pleasantly surprised to see that I was pre-approved, especially considering I filed for bankruptcy in 2021 and WF lost around $2,600. However, I'm worried about accepting the offer only to be denied later.
PNG image.png

Only a HP and make for a good DP on the forum . So 3 years ago who knows as WF doesn't seem to care about bk's but maybe if they were burnt they do.

Re: New Wells Fargo cards dropped

Jcbotero — Sun, 21 Jul 2024 17:13:59 GMT

I am 6 years removed from BK. WF wasn't included.

i have since been approved for active cash $3500, Autograoh $3500 and Bilt $2500.

recently I have asked for Bilt CLI and was denied after having card for over a year and also did not get a pre approval with their tool for their cards and was denied for autograph Journey.

i did pre approval for the Key+ and they pre approved me for $11,000 and then was fully approved after accepting it.