What credit score do I need to get a Wells Fargo reflect card?

Asked by: Prof. Colin Hermiston II  |  Last update: August 25, 2022
Score: 4.7/5 (66 votes)

What credit score do you need for a Wells Fargo Reflect℠ Card? Like many other top balance transfer credit cards, you'll need 660 - 850 credit to qualify for the Wells Fargo Reflect℠ Card — this typically means having a FICO Score of at least 660.

What credit score does Wells Fargo accept?

Wells Fargo uses all three major credit bureaus: Equifax, Experian, and TransUnion. Either one or more credit bureaus may be used when evaluating a Wells Fargo credit card application. Cardholder reports suggest the state you live in may factor into which credit bureau Wells Fargo uses when it pulls your credit report.

Is a Wells Fargo reflect card a credit card?

Card Type. The Wells Fargo Reflect Card is a 0% intro APR credit card that works for both purchases and qualifying balance transfers. You can use this card to save money on interest as you pay down debt or pay off a large purchase over time.

Is Wells Fargo credit hard to get?

It is fairly hard to get a Wells Fargo credit card, as most Wells Fargo cards require good credit or better for approval. Wells Fargo does have options for business owners with bad credit, though, which means it's not as hard to get a Wells Fargo business credit card as it is to get a regular Wells Fargo credit card.

What is the Wells Fargo reflect card?

With up to 21 months 0% APR intro period (after, 14.49% to 26.49% variable APR), the Wells Fargo Reflect℠ Card allows cardholders to finance their purchases for nearly two years without any interest charges.

WELLS FARGO REFLECT CARD. $95K Max. APR 12.99%. FICO 575+ (With Wells Fargo MPR) ? CREDIT S2•E545

40 related questions found

Does Wells Fargo do a soft credit check?

With just some basic information, Wells can use a soft inquiry (the kind that doesn't hurt your credit score) to see if you meet the qualifications for their cards. That way, you can get an idea of if you'll be approved without worrying about an impact to your score.

Is it hard to get a Wells Fargo reflect card?

Like many other top balance transfer credit cards, you'll need 660 - 850 credit to qualify for the Wells Fargo Reflect℠ Card — this typically means having a FICO Score of at least 660.

What is the minimum payment on a Wells Fargo reflect credit card?

The Wells Fargo Reflect Card minimum payment is $25 or 1% of the statement balance, plus fees, past-due amounts, and interest – whichever is higher. If the statement balance is less than $25, the Wells Fargo Reflect Card minimum payment will be equal to the balance.

How often does Wells Fargo Give credit line increases?

How often will Wells Fargo increase your credit limit? Wells Fargo won't increase your credit line before six months of card membership. After that, give it at least six months before you request another credit limit increase.

Is Wells Fargo credit card instant approval?

Wells Fargo does offer the possibility of instant approval on its credit cards, though. That means an applicant could receive a decision within minutes of submitting the application. After that, it takes about 7 to 10 business days for the card to arrive.

What credit score is needed for a Wells Fargo personal loan?

Wells Fargo's personal loans and lines of credit reportedly require a credit score of 660+. For home equity lines of credit, you may need a score of 700+. Wells Fargo has credit card options for a range of different credit scores.

What score do you need for Discover card?

A 700+ credit score is needed to get most Discover credit cards, but there's no minimum credit score needed for a few Discover cards. You can get the Discover it® Secured Credit Card with a bad credit score (below 640).

Why did Wells Fargo lower my credit limit?

"Wells Fargo does lower credit limits on credit cards. There are a combination of factors that Wells Fargo considers before we lower a credit limit on an existing account. For example, missed payments on their current account and/or other negative credit events identified by soft credit bureau reports.

Does Wells Fargo have high credit limit?

Wells Fargo credit card limits aren't particularly high; the minimum credit limit offered is $1,000, though some cardholders have reported receiving starting spending limits as high as $14,000.

What is a good credit limit?

A good credit limit is above $30,000, as that is the average credit card limit, according to Experian. To get a credit limit this high, you typically need an excellent credit score, a high income and little to no existing debt. What qualifies as a good credit limit differs from person to person, though.

How many credit cards are too many?

How many credit accounts is too many or too few? Credit scoring formulas don't punish you for having too many credit accounts, but you can have too few. Credit bureaus suggest that five or more accounts — which can be a mix of cards and loans — is a reasonable number to build toward over time.

Does Wells Fargo reflect card have cash back?

However, it also comes with a strong rewards program of 2% cash back on all purchases (1% when you buy + 1% when you pay for those purchases), giving it an advantage over the Wells Fargo Reflect℠ Card.

Is Wells Fargo active cash card a credit card?

The Wells Fargo Active Cash is an excellent cash rewards credit card for people looking for a no-frills card with a generous sign-up bonus, no annual fee and a simple rewards structure—but experienced credit card users may find it lacking additional benefits typical of cash back cards or feel that they would not be ...

Is Citi Diamond Preferred card hard to get?

Is the Citi Diamond Preferred Card hard to get? No, the Citi Diamond Preferred Card isn't hard to get if you have the credit to qualify. Applicants who have good to excellent credit (a FICO® Score of 670 or more) have high approval odds.

Does Wells Fargo have prequalified?

You can only get a Wells Fargo credit card pre-approval in the mail, or if you're already a client, you can sign in to your online account and click on the Products & Offers tab to see any pre-qualifications you might have.

Does Wells Fargo do hard inquiries?

Yes, Wells Fargo does a hard inquiry when you apply for a loan. This credit report inquiry will likely drop your credit score by about 5 to 10 points, but you'll be able to get back on track with a few months of on-time payments.

How can I get approved for Wells Fargo?

General requirements: You must be at least 18 years old and have a physical U.S. address to be eligible for a Wells Fargo credit card. You will also need to provide your SSN or your ITIN. No minimum income stipulated, but be sure to include any sources of income outside of wages and retirement benefits, if applicable.

Why is Wells Fargo getting rid of line of credit?

As part of our strategic review of businesses last year, we determined that our suite of other consumer products serve our customers better than personal lines of credit. As a result, we ceased opening these lines in May 2020, and recently notified customers that we planned to close existing lines.

Is Wells Fargo closing all credit cards?

Summary. Wells Fargo isn't closing its entire credit card line. Instead, quite the opposite is happening as the new cards launching in 2021 and 2022 might offer more benefits than the current lineup.

How long does it take for Wells Fargo to increase credit limit?

Wells Fargo does not publicly disclose its maximum credit limits. If you accept the initial Wells Fargo credit limit offer, you can request an increase in your credit limit after at least six months of timely payments. Also, after six months, Wells Fargo may review your account for an automatic increase.