The Wells Fargo Reflect® Card is an excellent option if you’re looking to pay off big purchases or credit card debt without incurring interest charges for an extended period. Its standout feature is the 21-month 0% intro APR on purchases and qualifying balance transfers, which is one of the longest intro periods available.
However, there are some trade-offs to consider:
Pros:
- Long 0% intro APR (21 months): Ideal for making large purchases or transferring balances without interest.
- Cellphone Protection: You get up to $600 in cellphone protection if you pay your phone bill with the card.
- No annual fee.
Cons:
- No rewards: Unlike many other credit cards, it doesn’t offer cash back, points, or a welcome bonus.
- Balance Transfer Fee: A 5% fee (min. $5) for balance transfers, which is higher than some competitors.
- Foreign Transaction Fee: A 3% fee when using the card abroad.
- No long-term value: Once the 0% APR period ends, the card doesn’t offer much incentive to keep using it, especially since there are other cards that offer rewards.
Overall, if your main goal is to avoid paying interest for an extended period, this card could be a solid choice. However, if you’re looking for rewards or travel benefits, you might want to explore other options.
