New Wells Fargo Active Cash: The New Best No Annual Fee Card?

New Wells Fargo Active cash: The Best Card with No Annual Fee?Don't miss this opportunity! Subscribe to our email once a day or join our Facebook group for free miles and points. Get the latest travel news from thousands. Points With a Crew is proud to have partnered with CardRatings in order to provide credit card product coverage. Card issuers might pay a commission to Points with a Crew or CardRatings.Wells Fargo has just launched a new credit card that comes with no annual fees. I find it difficult to grasp new credit cards. I suspect that either credit card companies don't understand what makes a card exciting or I am not the right target market. Maybe both.The new Wells Fargo Active cash card, which I believe was launched on July 1, is something I discovered recently. It's a very attractive card. If you aren't trying to stay or get under Chase 5/24, I don't see why it shouldn't be signed up. It is definitely a contender for the best card with no annual fees. Let's take a look to see if this might be a good fit for you.Wells Fargo Active cash card review: Earnings rate and perksThe Wells Fargo Active cash card offers a very simple earnings structure. All purchases earn you unlimited 2% cashback. You don't need to activate your card quarterly or keep track of which cards you use in what categories. The assurance that you will receive 2% cashback no matter what your spend is gives you peace of mind. Although most people are great maximizers and don't mind having lots of cards in their wallet, it is nice to have a card like this for backup in case you don't meet the minimum spend or hit a category bonus. This is similar to Citi Double Cash, but it doesn't have the 1% spend marketing gimmick.Some people might find the Wells Fargo Active cash card useful. From the account opening, you will receive a 0% intro APR on qualifying balance transfers and purchases for 15 months. Although balance transfer cards are not something most people will be interested in, it may be beneficial depending on your circumstances. When you pay your monthly mobile phone bill with this card, you will also receive up to $600 in cell phone protection against theft or damage. Numerous cards now offer cell phone protection. Make sure you check out what other credit cards may offer and what rewards you might receive by using a different card.Wells Fargo Active cash card review: Welcome BonusThe Citi Double Cash card's welcome bonus is one area where Wells Fargo Active Cash excels. After spending $1,000 in the first three month, you can receive a $200 cash bonus. This is comparable to other cards that offer no annual fees, but it completely destroys Citi Double Cash. Citi Double Cash offers a welcome bonus of. Zippo. Although $200 isn't a great welcome bonus, it is still a good deal for a card that has no annual fees. This card is great for those just starting out.You might also be interested in other credit cardsIs this the best credit card with no annual fees? It's certainly a contender, and it might just be possible. Let's take a look at the comparisons with similar cards.Wells Fargo Active cash card $200 bonus and 2% cashback on all purchasesCiti Double Cash, no bonus or welcome offer. 2% cashback on all purchases. Transfer your Cash Back Rewards to ThankYou PointsChase Freedom Unlimited $200 Welcome Bonus, 5% on Travel Purchases through Chase Ultimate Rewards, and 3% on Dining at Restaurants, including eligible delivery services, drugstores, and takeout. All other purchases are 1.5% off. Transfer cash to Ultimate Rewards pointsAmerican Express Blue Business Plus 2 Membership Reward Points on Purchases up to $50,000 each Year As a welcome bonus, 10,000 Membership Rewards are available.It certainly seems similar. Reasonable people could argue for each of these four. Which is your favourite?However, the 100,000 Ultimate Rewards points on the Chase Sapphire Preferred are quite compelling, although it is not an apples-to-apples comparison.If you have any questions regarding the Wells Fargo Active cash card, or which card would be best for you, please email me at pointswithacrew at com. I'll do my best to assist you!Points With a Crew is partnering with CardRatings to provide credit card product coverage. Card issuers might pay Points with a Crew or CardRatings a commission. You may also earn a commission from other links on this site.Sharing is Caring FacebookTwitterPinterestContinue readingRedditPocketTumblrLinkedIn