Wells Fargo Active Cash Review
Wells Fargo · Simple flat-rate cash back seekers
Our Expert Verdict
Earn unlimited 2% cash rewards on all purchases every day — no categories, no caps, no annual fee. One of the simplest high-rate cards available. Includes 15 months 0% intro APR on purchases and qualifying balance transfers, plus cell phone protection up to 600 dollars per year when you pay your bill with the card.
Pros
- 2% flat rate on everything
- No annual fee
- Intro APR offer
- Cell phone protection
Cons
- 3% foreign transaction fee
- No bonus categories
$200 after spending $500 in 3 months
Key Benefits & Perks
In-Depth Review
Who Is the Active Cash Best For?
The Wells Fargo Active Cash is for anyone who wants a dead-simple 2% cash back card with useful extras. It matches the Citi Double Cash's earning rate but adds a $200 sign-up bonus and cell phone protection — two benefits the Double Cash lacks. If you want the highest flat rate available with no annual fee and don't care about transferable points, this is your card.
Beyond 2% Cash Back
The Active Cash's cell phone protection is a standout perk. Pay your monthly phone bill with the card, and you get up to $600 per claim in coverage if your phone is stolen or damaged (with a $25 deductible, 2 claims per year). Most phone insurance plans cost $10-15/month — this benefit alone is worth $120-180/year in savings.
The card also includes a 0% intro APR for 15 months on purchases and qualifying balance transfers — useful for financing a large purchase or consolidating existing debt. After the intro period, the variable APR of 20.24%-29.24% applies.
How It Compares
vs. Citi Double Cash: Identical 2% rate, but the Active Cash has a sign-up bonus and cell phone protection. The Double Cash integrates with Citi ThankYou Points for transfer partner access. Choose based on which ecosystem you prefer or whether you value phone protection vs. transfer partners.
The Bottom Line
The Wells Fargo Active Cash is arguably the best flat-rate cash back card available thanks to its 2% rate, $200 bonus, cell phone protection, and 0% intro APR. It does everything a simple rewards card should — and does it well.
User Reviews
Customer Reviews
2 reviews
Rivals the Citi Double Cash
2% flat rate, no annual fee, plus cell phone protection and a better sign-up bonus threshold ($500 vs $1,500). Winner.
Simple and rewarding
No categories to track. Just use it for everything and get 2% back. The intro APR is a nice bonus.
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