Wells Fargo Reflect^® Card: Your Ticket to Nearly Two Years of No Interest Payments

Many credit cards on the market today try to cast a wide net by offering a massive set of benefits, from ongoing cash back rewards rates to discounts on premium meal delivery services to reimbursements for streaming subscriptions. The downside is that sometimes this breadth comes at the expense of depth: all these perks and features may make an attractive package all together, but no one feature is truly a standout. 

That’s why we’re so excited about the Wells Fargo Reflect^® Card. Instead of being weighed down with a bundle of extra benefits that might not really matter in the long run (and that might be hard to even remember you have), this card is laser-focused on one thing: saving you money on interest charges by offering an incredibly long period of 0% intro APR on purchases and balance transfers. 

Curious to see just how much you could save with this card? Read on to find out. 

No Interest, Big Savings

The Wells Fargo Reflect^® Card comes out of the gate with one of the longest 0% interest periods on the market: 0% intro APR for 21 months from account opening on purchases and balance transfers. You heard that right — when you sign up for this card, you can take advantage of almost two years of no interest payments. After the intro period, you can expect 17.24%, 23.74%, or 28.99% Variable APR on purchases and 17.24%, 23.74%, or 28.99% Variable APR on balance transfers. 

A super-long intro period like this can be a game changer if you have substantial credit card debt you want to consolidate and pay down, or if you have a large purchase coming up. During the introductory period, you’ll be able to put all of your payments toward paying down your balance instead of paying potentially hundreds every month in interest.  

Wondering how this translates into dollars? Let’s take a look at an example where we’re looking to pay down a $20,000 credit card balance and can pay $952/month (the minimum needed to pay off a $20,000 balance spaced evenly over 21 months). You can see what this payment plan looks like on the Wells Fargo Reflect^® Card card and on another card without a 0% APR period: 

*22.5% is used here for example purposes. Actual ongoing APR may vary.

Right off the bat, we can see the savings power that the Wells Fargo Reflect^® Card brings to the table: without a 0% intro APR period, someone making identical monthly payments on an identical principal balance would have to pay $5,661 in interest charges alone, increasing the overall cost of their credit card bill by more than 25%. And that’s not even mentioning the extra time it would take to wipe out that total balance. 

It should be clear by now that any period of 0% intro APR can be a game changer. And by offering so many months of $0 interest payments, the Wells Fargo Reflect^® Card becomes a seriously potent debt-busting tool. 

Forget the Fees

If these exceptional cost savings were the only things the Wells Fargo Reflect^® Card had on offer, it would still probably be a card we’d be more than happy to recommend. But this card also comes with a select package of other benefits that elevate a good offer into a great one: 

• Cell phone protection. Like some other Wells Fargo cards, with the Wells Fargo Reflect^® Card you can get up to $600 of cell phone protection against damage or theft. Subject to a $25 deductible.
• Curated cash back. Through My Wells Fargo Deals, you can earn cash back in the form of statement credit while you shop, dine or enjoy an experience wherever you use your Wells Fargo Reflect^® Card. 
• No annual fee. You won’t have to pay a dime to have this card in your wallet or purse – ever. 

All this comes together in a package that is expressly designed to keep costs down, whether you’re transferring a balance from a high-interest credit card, planning ahead for a big purchase on the horizon or just want a card that nets you rewards for everyday use. 

Wrapping Up

The Wells Fargo Reflect^® Card is an entry in the low-interest field that we rarely see: a card with almost two full years of no interest. Cards with 0% intro APR period can be almost unbelievably powerful when it comes to paying down debt and getting your finances in order. 

This card has one of the longest periods of 0% intro APR for balance transfers and purchases on the market today. If you’re looking to get out of credit card debt, the Wells Fargo Reflect^® Card could be the answer you’re looking for. 

Interested? Apply on Wells Fargo’s secure site and find out if you’re approved in 60 seconds or less.