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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.
Ink Business Preferred® Card 90K Points after $8,000 spend within first 3 months | Ink Business Unlimited® Credit Card $900 Bonus after $6,000 spend within 3 months |
Capital One Venture X Business 150K Miles after $30,000 spend within 3 months | Ink Business Cash® Credit Card Up to $750 Bonus: Earn $350 after $3,000 spend in the first 3 months and an additional $400 with $6,000 spend in the first 6 months. |
Chase Sapphire Preferred® Card 60K Points after $4,000 spend within 3 months. | Chase Freedom FlexSM $200 Bonus after $500 spend within 3 months |
The Platinum Card® from American Express 80K Points after $8,000 spend within 6 months. Terms Apply. | Capital One Venture Rewards Credit Card 75K Points after $4,000 spend within 3 months |
American Express® Gold Card 60K Points after $6,000 spend within 6 months. Plus, receive 20% back in statement credits on eligible purchases made at restaurants worldwide within the first 6 months of Card Membership, up to $100 back. Limited time offer. Offer ends 11/6/24. Terms Apply. | Chase Freedom Unlimited® Card earn an additional 1.5% cash back on everything you buy --- on up to $20,000 in the first year! |
Blue Cash Preferred® Card from American Express $250 Welcome Offer after $3,000 eligible spend within 6 months. Terms Apply. | Blue Cash Everyday® Card from American Express $200 Welcome Offer after you spend $2,000 in purchases on your new Card within the first 6 months. Terms Apply. |
Chase Sapphire Reserve® Card 60K Points after $4,000 spend within 3 months. | Capital One Quicksilver Cash Rewards Card $200 Bonus after $500 spend within 3 months |
Wells Fargo Platinum Visa Card Summary
Bonus Available | No bonus available |
Ongoing Benefits |
|
Foreign Transaction | 3% of the total transaction amount |
Annual Fee | $0 |
* Bonus value is an estimated value calculated by HustlerMoneyBlog and not the card issuer.
View the latest valuations here.
Recommended Free Credit Score (Get Free Score)
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.
Gregg J Nelson says
I ONLY LOSE THE HOUR I WASTED ON THIS TRICKERY WELLS FARGO LOSES A LONG TERM CLIENT WITH WHAT WAS SOON TO BE A HIGH FIVE FIGURE ACCOUNT AFTER MY INSURANCE SETTLEMENT. I THINK THE FCC WILL BE INTERESTED IN THIS TYPE OF BEHAVIOR. GREGG JAY NELSON LONG TERM BANKING ASSOCIATE
Gregg J Nelson says
On a Wells Fargo email I guessed the correct box to open and win $1000.00 and completed a lengthy survey and now I have no $1000.00 in my Wells account? losing faith in wells fargo after this deceptive trick enticing me a banking member to waste my time with a bait and switch game. I am going to withdraw my checking and savings account and cut up my Platinum Card! also I will report this trickery to the proper authorities. SHAME ON WELLS FARGO FOR PUTTING A BAIT AND SWITCH GAME OUT ON THE EMAIL TO A 69 YEAR OLD BANKING MEMBER OF WELLS FARGO FOR MANY YEARS!!!!