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What are Wells Fargo GoFar Rewards Worth?

What are Wells Fargo GoFar Rewards Worth?

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This article was last updated Sep 30, 2019. Terms and conditions may have changed. For the most accurate information, please consult the issuer website.

“Go Far” is more than a catchy travel slogan or a wordplay on “Fargo” with the syllables switched around. It’s also the name of the rewards program offered by several Wells Fargo credit cards. If you have one of the eligible cards, you can earn points, redeem them for options like cash back, travel and gift cards. You can also share those points with other Wells Fargo cardholders.

To make sure you get the best deal out of your rewards points, read on.

In this article:

Cards that earn Wells Fargo Go Far Rewards

There are several cards that earn Go Far Rewards points in a variety of categories. You can also earn bonus points if you make purchases through Wells Fargo’s “Earn More Mall.”

Card Annual fee Sign-up bonus Intro purchase offer Intro balance transfer offer Rewards Points expire?
Wells Fargo Cash Back College Visa® Card* $0 3% cash rewards on gas, grocery, and drugstore net purchases for 6 months 0.00% introductory APR for 6 months. Then, 13.40% – 23.40% APR. 0% introductory APR for 6 months. Then, 13.40% – 23.40% APR. 1% cash rewards Rewards on this card won’t expire as long as the card remains open.
Wells Fargo Cash Wise Visa® card $0 $150 cash bonus after spending $500 in the first 3 months 0% for 15 months. Then, 15.74%-27.74% (variable) APR. 0% for 15 months on qualifying balance transfers. Then, 15.74%-27.74% (variable). Unlimited 1.5% cash rewards on everyday net purchases Rewards don’t expire on this card as long as the card remains open.
Wells Fargo Propel American Express® card $0 Earn 30,000 bonus points when you spend $3,000 in purchases in the first 3 months 0% for 12 months. Then, 15.74%-27.74% (variable) APR. 0% for 12 months on qualifying balance transfers. Then, 15.74%-27.74% (variable) APR. Earn 3X points on eating out and ordering in, 3X points on gas stations, rideshares and transit, and 3X points on travel including flights, hotels, homestays and car rentals. Earn 1X points on other purchases. Points earned with this card do not expire as long as the card is open.
Wells Fargo Rewards Visa® Credit Card* $0 None 0% for 15 months. Then, 18.24% to 27.74% (variable) APR. 0% for 15 months. Then, 18.24% to 27.74% (variable) APR. 5x rewards points earned for up to $12,500 spent on gas, grocery, and drugstore purchases for the first 6 months and 1x points on other purchases Points do expire on this card. At the end of the 60th month (which is approximately five years) from when the points posted to your account, you won’t be able to use them.
Wells Fargo® Visa Signature® Credit Card* $0 None 0% for 15 months. Then, 14.24% to 27.74% (variable) APR. 0% for 15 months. Then, 14.24% to 27.74% (variable) APR. 5x rewards points earned for up to $12,500 spent on gas, grocery, and drugstore purchases for the first 6 months and 1x points on other purchases Points do expire on this card. You won’t be able to use them at the end of the 60th month (approximately five years) from the first month the points posted to your account.

The information related to the Wells Fargo Cash Back College Visa® Card,  Wells Fargo Rewards Visa® Credit Card, Wells Fargo® Visa Signature® Credit Card and has been collected by CompareCards and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply.

  • Unlimited 1.5% Cash Back*

  • Earn $150 cash rewards bonus*

  • Enjoy 1.8% cash rewards with Apple Pay® or Google Pay™, during the first 12 months*

Highlights
  • Earn a $150 cash rewards bonus after spending $500 in the first 3 months
  • Earn unlimited 1.5% cash rewards on purchases
  • Enjoy 1.8% cash rewards on qualified digital wallet purchases, like Apple Pay® or Google Pay™, during the first 12 months from account opening
  • No category restrictions or sign ups and cash rewards don't expire as long as your account remains open
  • Get up to $600 protection on your cell phone (subject to $25 deductible) against covered damage or theft when you pay your monthly cellular telephone bill with your Wells Fargo Cash Wise Visa® card
  • $0 Annual Fee
  • See Rates & Fees

See additional details for Wells Fargo Cash Wise Visa® card

More Info

  • Earn 3X points on eating out and ordering in, 3X points on gas stations, rideshares and transit, and 3X points on travel including flights, hotels, homestays and car rentals. Earn 1X points on other purchases.

  • 0% for 12 months on purchases and qualifying balance transfers

  • 15.74%-27.74% (Variable)

Highlights
  • Earn 30,000 bonus points when you spend $3,000 in purchases in the first 3 months – that’s a $300 cash redemption value
  • $0 annual fee and no foreign currency conversion fee
  • Earn 3X points on eating out and ordering in
  • Earn 3X points on travel including flights, hotels, homestays and car rentals
  • Earn 3X points on gas stations, rideshares and transit
  • Earn 3X points on popular streaming services
  • Earn 1X points on other purchases
  • See Rates & Fees

See additional details for Wells Fargo Propel American Express® card

More Info

Go Far Rewards redemption options at a glance

You can redeem points for a variety of purchases, such as:

  • Travel (including flights, cruises, hotels, car rentals and more).
  • Cash back (including an option to apply toward eligible Wells Fargo accounts such as loans and mortgages).
  • Merchandise (when shopping online via the Go Far Rewards website).
  • Gift cards.

Value of Wells Fargo Go Far Rewards points

In most cases, you can expect each Go Far point to be worth 1 cent. There are a variety of redemption options, including:

Travel. You can book travel through the Wells Fargo Go Far website. If you’re using your points toward an airline ticket, with most cards, each point is worth 1 cent. However, if you have the Wells Fargo® Visa Signature® Credit Card, each point is worth 1.5 cents toward airfare. This means 20,000 points would cover a $300 ticket, for example.

Cash back. You can get cash back as a deposit or credit to a qualifying redemption account, as a paper check, or via a Wells Fargo ATM. If you request cash back by the phone or online, you can redeem in increments of 2,500 points — or $25. If you use an ATM, you must have a Wells Fargo debit card or ATM card, and you can redeem in increments of 2,000 points (or $20). At this rate, each point is worth 1 cent.

What kinds of accounts can you put your points toward? Examples include adding to your savings account, paying down a Wells Fargo mortgage or Wells Fargo loans.

Gift cards. You can redeem points for gift cards from stores and brands such as Target, Google Play, the Apple App Store and Airbnb. Minimum redemption amounts vary, but you can generally expect requirements of at least 2,500 points, with each point being worth 1 cent.

Merchandise. You can use points to shop online via the Go Far website for items including school supplies, electronics and more.

Sharing rewards points

The Wells Fargo Go Far Rewards ecosystem is unique in that it allows you to easily share your rewards points. You can put them toward another Wells Fargo member’s eligible account as a statement credit, or you can contribute to a share points pool. For instance, if you’re planning a family reunion, multiple family members can add their Go Far points to the pool.

Plus, if you want to let someone else redeem your rewards, you can add an authorized redeemer — as long as that person is a Wells Fargo customer. Your authorized redeemer will be able to redeem rewards by calling Wells Fargo customer service. (It should be noted that authorized users on your card are not automatically able to redeem rewards — they must be added as authorized redeemers to be able to do so.)

The bottom line

For those who are keeping a significant portion of their financial products with Wells Fargo, the Wells Fargo Go Far Rewards program offers a solid value. That’s especially true if family and friends are also Wells Fargo members, and you can take advantage of rewards sharing. However, one downfall of the Go Far program is that you can’t transfer points to airline frequent flyer miles. Travel cards offered by Chase and American Express, for example, do let you do this — and if you’re loyal to a particular airline, you might want the option.

Read: Which Wells Fargo Card is Right for You?

If you have multiple cards that earn Go Far points, they can be combined into a single rewards account. For example, if you have both the Wells Fargo Propel American Express® card and the Wells Fargo® Visa Signature® Credit Card, you can use the former to get a higher rewards rate on purchases in categories such as fuel and eating out, and the latter to book air travel at a higher redemption value through the Go Far portal.


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