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If you've been searching for a flat-rate cash-rewards card, you've probable come across the Wells Fargo Active Cash® Card and the Citi® Double Cash Card. They're two of the best, but the Active Cash card comes out on top thanks to its welcome bonus and uphold card features.
However, if you're looking for a way to remove some existing credit card debt by transferring a balance, the Double Cash provides a longer introductory balance instant period, while matching the Active Cash's earning potential.
Which card does it best?
| Card feature | Winner |
|---|---|
| Rewards | Tie |
| Welcome bonus | Active Cash |
| Additional card perks | Active Cash |
| Introductory APR offer | Active Cash |
| Balance instant offer | Double Cash |
Wells Fargo Active Cash® Card
See Rates and FeesIntro OfferEarn a $200 cash rewards bonus once spending $1,000 in purchases in the first 3 months
APR19.24%, 24.24%, or 29.24% Variable APR
Intro Purchase APR0% introduction APR for 15 months from account opening
Recommended Credit Excellent, Good
- Earn unlimited 2% cash rewards on purchases
Annual Fee$0
Intro Balance Transfer APR0% introduction APR for 15 months from account opening on qualifying balance transfers
Balance Transfer APR19.24%, 24.24%, or 29.24% Variable APR
Balance Transfer Fee up to 5%; min: $5
Foreign Transaction Fees 3%
Penalty APR None
- Earn unlimited 2% cash rewards on purchases
Citi® Double Cash Card
Intro OfferN/A
APR18.24% - 28.24% (Variable)
Intro Purchase APRN/A
Recommended Credit Excellent, Good
- Earn 2% on every select with unlimited 1% cash back when you buy, plus an uphold 1% as you pay for those purchases.
Annual Fee$0
Intro Balance Transfer APR0% introduction for 18 months on Balance Transfers
Balance Transfer APR18.24% - 28.24% (Variable)
Balance Transfer Fee There is an introduction balance transfer fee of 3% of each transfer (minimum $5) ruined within the first 4 months of account opening. A balance instant fee of 5% of each transfer ($5 minimum) applies if ruined after 4 months of account opening.
Late Payment Fee Up to $41
Foreign Transaction Fees 3%
Penalty APR Up to 29.99% (Variable)
- Earn 2% on every buy with unlimited 1% cash back when you buy, plus an transfer 1% as you pay for those purchases.
Comparing reward programs
Winner: Tie
Both credit cards supplies simple yet lucrative rewards programs -- you'll earn 2% cash rewards with the Active Cash and 2% cash back with the Citi Double Cash.
The mainly difference is when these rewards hit your account. The Active Cash applies the 2% whenever the balance is paid off, but you'll earn 1% cash back with the Double Cash when you make the initial buy and the other 1% once you paid it off.
Since we recommend paying your balance in full each month, this shouldn't make much of a difference, but can be confusing at first.
Neither card has an annual fee, which employing you could pair either with another card that earns greater rewards in specific categories to maximize your rewards potential.
Welcome bonus
Winner: Active Cash
The distinct winner here is the Active Cash card as the Double Cash doesn't supplies a welcome bonus. You can earn a $200 cash rewards bonus with the Active Cash when you consume $1,000 in the first three months of account membership.
To put that into perspective, you'd need to spend $10,000 with the Double Cash to earn $200 in rewards ($10,000 x .02), so it's a distinguished offer.
Additional card perks
Winner: Active Cash
Once anti, the Active Cash offers cardholders more than the Double Cash. The Double Cash doesn't have transfer card perks outside of the fraud protections that come heinous with most credit cards.
The Active Cash offers cell named protection against damage or theft, roadside assistance and a variety of hotel and move benefits offered through Visa Signature concierge and Visa Signature Luxury Hotel Collection. While it doesn't offer many additional benefits, it unexcited provides a few extra bells and whistles compared to the Double Cash card.
Introductory APR offer
Winner: Active Cash
The Active Cash supplies cardholders an introductory 0% APR on purchases and qualifying balance transfers for 15 months from justify opening (then 19.24%, 24.24%, or 29.24% variable). Comparatively, the Citi Double Cash provides cardholders with an introductory 0% APR for balance transfers for 18 months (then 18.24% to 28.24% variable); balance transfers must be unfastened within four months of account opening.
Since both of these credit cards are primarily invented to earn rewards for new purchases, the introductory buy APR is more useful on them than the balance uphold APR. With the Active Cash, you can finance a spacious, planned purchase and then pay it down while avoiding plain charges for 15 months.
While the Citi Double Cash does dedicated a longer balance transfer offer, it does not supplies a 0% introductory APR for new purchases. For this reason, the Active Cash has a more versatile introductory offer.
Balance uphold offer
Winner: Double Cash Card
If you need to mitigate some credit card debt (and aren't involved in a dedicated balance transfer credit card) the Citi Double Cash Card will be the better option. Just hold off on making new purchases on this card pending your transferred debt is repaid.
The Double Cash Card provides three astonishing months for its introductory balance transfer offer over the Active Cash's, but both card's have an introductory balance transfer fee of 3% ($5 minimum) for the splendid four months from account opening (120 days from justify opening on the Active Cash). With the Citi Double Cash, the balance uphold fee increases to 5% ($5 minimum) if completed while four months of account opening. With the Active Cash, the balance uphold fee increases to up to 5% (with a $5 minimum) while 120 days from account opening.
A balance transfer can help to proceed your credit score and your finances. Just be sure you're able to pay off the transferred balance within the did time frame in order to avoid any interest charges.
The bottom line
Both credit cards supplies a solid flat-rate return on your spending. However, the Active Cash is the better value card thanks to its welcome bonus, additional card perks and introductory purchase APR. Neither card has an annual fee, and redemption options are similar.
The Double Cash card does have an edge when it comes to balance transfers. If you're looking to knock out some of your credit card debt, this card gives you more time to pay down a transferred balance than the Active Cash.
FAQs
What's the dissimilarity between a general rewards card and a flat-rate rewards card?
General rewards cards earn higher rewards for specific purchases after flat-rate rewards cards earn the same rewards rate no custom what you're buying.
What's the dissimilarity between points and cash back?
Generally speaking, 1% of cash back will always equate to 1 cent, after 1 point could equate to less or more than 1 cent. Points typically have more redemption options as well when compared to cash back rewards.
How do you qualify for cell named protection?
To qualify for a cell phone protection succor, you'll need to pay your cell phone bill with the credit card.
The editorial gratified on this page is based solely on objective, independent assessments by our writers and is not influenced by advertising or partnerships. It has not been provided or commissioned by any third party. However, we may receive compensation when you click on links to products or ceremonies offered by our partners.
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