Wells Fargo at the moment introduced the launch of the Cash Wise Visa, a bank card that provides 1.5% money again on each buy.
Wells Fargo joins plenty of different bank card issuers who’ve crossed the 1.5% rebate line, as banks proceed to sweeten the pot to get new card clients. The place 1% money again was once the usual within the class, it’s protected to say that “1.5% is the brand new 1%” with so many issuers now providing playing cards at or above that threshold.
The times of money again bank cards with difficult formulation (equivalent to 5% money again on sure classes in sure calendar quarters) look like waning. Playing cards with a flat rebate larger than 1% could not beat out each different system, however their simplicity is commonly most popular by the on a regular basis bank card person.
See our Cash Back Credit Cards section to see how the brand new Wells Fargo Cash Sensible Visa stacks as much as different playing cards within the class.