Wells Fargo Active Cash Card Review (2024)

FAQs

How hard is it to get approved for the Wells Fargo Active Cash card? ›

It may be hard to get approved for the Wells Fargo Active Cash card if your credit score isn't at least 670 or higher. While there's no strict minimum requirement, the card typically approves those with a credit score within the good to excellent range.

Good credit: A FICO® Score of 670 or higher is suggested when applying for a Wells Fargo card. Wells Fargo doesn't have a strict minimum credit score requirement, but it typically only approves applicants with good credit or excellent credit.

The credit limit for the Wells Fargo Active Cash® Card typically ranges from $1,000 to $20,000 or more, based on user reports we reviewed. Credit limits vary by cardholder and depend on several factors, including annual income and credit history. Is the Wells Fargo Active Cash® Card hard to get?

IMPORTANT DISCLOSURES. 0.00% introductory APR for 15 months from date of account opening. After that, your APR will be 20.24%, 25.24%, or 29.99%, based on your creditworthiness.

One of the easiest Wells Fargo credit cards to get is the Dillard's Store Card because you only need fair credit (a credit score of 640+) to be approved. Most Wells Fargo credit cards aren't that easy to obtain since they require good or excellent credit (a credit score of 700+) for approval.

Wells Fargo does offer the possibility of instant approval on its credit cards, though. That means an applicant could receive a decision within minutes of submitting the application. After that, it takes about 7 to 10 business days for the card to arrive. Wells Fargo does not offer...

Wells Fargo credit cards generally require a credit score of 700 or higher (at least good credit) and enough income to afford the monthly bill payments. You also need an SSN or ITIN, and you need to be 18+ years old to qualify.

No, Wells Fargo does not have a 5/24 rule, which means Wells Fargo will not automatically reject an application just because you've opened five or more credit card accounts during the past 24 months.

Wells Fargo starting credit limit: It's important to remember that $1,000 is the lowest credit limit you'll start out with if you're approved for an account. However, you could receive a higher limit. The actual limit you'll receive is based on your credit history, income, employment status, level of debt, and more.

Keep in mind: You may be eligible for an automatic credit limit increase from Wells Fargo after a certain amount of time. However, there's no specific timeline for this process and no guarantee that you'll be targeted. You can always ask a representative about this process before you make an official request, however.

Why is my credit limit so low in Wells Fargo? ›

Wells Fargo may have lowered your credit limit due to late payments, inactivity on your card, or a change in your credit history. Wells Fargo will periodically review how you're managing your current limit and may lower it if they don't think you can afford the full thing.

On our list, the Ramp Corporate Card and the Chase Ink Business Premier Credit Card offer the best opportunity to access a $100,000 credit limit. Ramp determines your spending limit based on factors like your cash on hand and monthly expenses, while Chase uses creditworthiness to calculate your credit limit.

Unless your credit score is 700 or higher and you have a lot of income, it will be difficult for you to get approved for the Wells Fargo Active Cash. In order to get the Wells Fargo Active Cash, you will have to meet the credit score requirement, have a steady income and be at least 18 years old.

No, you cannot use your Wells Fargo Active Cash card instantly after approval.

Owning more than two or three credit cards can become unmanageable for many people. However, your credit needs and financial situation are unique, so there's no hard and fast rule about how many credit cards are too many. The important thing is to make sure that you use your credit cards responsibly.

For the best approval odds, you should apply for the Wells Fargo Autograph with good to excellent credit — a FICO score of 670 or higher, or a VantageScore of 661 or higher.

Wells Fargo credit cards generally require a credit score of 700 or higher (at least good credit) and enough income to afford the monthly bill payments. You also need an SSN or ITIN, and you need to be 18+ years old to qualify.

The Active Cash card's simple cash rewards program and generous intro APR offer are two features that made this card stand out for her as a first-time cardholder. This card's application was very simple since I'm already a Wells Fargo customer, so it was a great choice as my first credit card.

Wells Fargo starting credit limit: It's important to remember that $1,000 is the lowest credit limit you'll start out with if you're approved for an account. However, you could receive a higher limit. The actual limit you'll receive is based on your credit history, income, employment status, level of debt, and more.