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Wells Fargo Platinum Visa® Card is one of the best balance transfers cards with $0 Annual Fee! This is a no-fuss credit card that also offers up to $600 protection on your cell phone, which is subject to $25 deductible, against covered damage or theft.

To obtain the cell phone protection you just need to pay your monthly cellular telephone bill with your Wells Fargo Platinum Visa® Card. Individuals that want a little extra time with no worry about interest fees on purchases then this card is for you!

In addition the Wells Fargo credit card provides cardholders convenient tools to help budget and manage their spending.

Wells Fargo Platinum Visa Card Summary

Introductory APR Promotion

Wells Fargo Platinum Visa comes with an 18-month 0% APR promotion on purchases and balance transfers, then a 16.49% to 24.49% variable APR. Note that the balance transfer rate only applies to transfers made within 120 days of account opening.

So when the introductory period ends the usual variable regular APR applies, depending on creditworthiness and prevailing rates.

Cell Phone Protection

With this benefit, it reimburses cardholders for cell phone damage and theft. In order to qualify, you have to pay your cell phone bill in full using your Wells Fargo Platinum Visa card. The benefits allows:

• $25 deductible per claim
• $600 per occurrence limit
• 2-claim-per-year limit

Please do note that the benefit does no cover lost cell phones – your phones must be stolen, with an accompanying police report or damaged while remaining in the owner’s possession.

Overdraft Protection

If you have a checking account with Wells Fargo, you are able to link your credit card account with their overdraft protection service. Usually, when you make a checking transaction that might result in an overdraft, Wells Fargo will cover the difference by drawing a cash advance on your Platinum card’s available credit line.

Keep in mind that this service is subjected to a $12.50 fee for transfers less than $50 and a $20 fee for transfers greater than $50. Advances also accrue interest at the regular cash advance rate that depends on your creditworthiness and prevailing rates.

My Money Map

If you didn’t know, My Money Map is a Wells Fargo feature suit that lets you track your spending, set budget goals, and develop a savings plan across your entire Wells Fargo footprint  – including credit and deposit accounts. Plus it also includes a useful resource library with credit and personal finance education tools.

Visa Benefits

In addition to the cell phone protection benefit, Wells Fargo Platinum Visa comes with a number of useful perks written by Visa. These benefit includes:

• Complimentary loss and damage on rental cars charged in full to your card
• Travel emergency assistance and roadside assistance
• Worldwide travel accident insurance (up to $150,000 benefit)

Bottom Line

Wells Fargo Platinum Visa® Card is noted a no hassle/no fee credit card that most consumers can benefit. This card does not offer cashback rewards like other credit cards or other bonuses that may be more enticing, but if you’re looking for a $0 annual fee credit card then this card is made for you.

It also provides you zero liability protection for reported unauthorized transactions and gives you convenient tools that will help you create budgets and manage your spending! Review our complete list of credit card bonus promotions.

Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

Hustlermoneyblog has partnered with CardRatings for our coverage of credit card products. Hustlermoneyblog and CardRatings may receive a commission from card issuers.

Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through the credit card issuer Affiliate Program.