Wells Fargo Reflect card review: Refinance debt and even get cellular telephone protection

Editor’s note: This is a recurring post, regularly updated with new information and offers.

Wells Fargo Reflect Card overview

The Wells Fargo Reflect® Card (see rates and fees) is perfect for those looking to refinance their debt with a solid introductory balance transfer opportunity. While light on overall benefits, the card brings you back to the basics and even comes with cellular telephone protection when you pay your monthly bill with this card. Card rating*: ⭐⭐⭐

*Card rating is based on the opinion of TPG’s editors and is not influenced by the card issuer.

If reducing your debt is one of your top priorities, a credit card like the Wells Fargo Reflect Card can help you avoid paying interest on balances you carry in the interim.

For no annual fee, you can transfer your balances from your other credit cards to the Wells Fargo Reflect and take advantage of its 0% introductory annual percentage rate (APR) for 21 months from account opening on purchases and qualifying balance transfers (then a variable APR of 17.74%, 24.24% or 29.49% applies). The recommended credit score for applicants is 670 or higher.

Let’s take a look at all the details and see if this is the card for you.

Wells Fargo Reflect pros and cons

Wells Fargo Reflect welcome offer

Unfortunately, the Wells Fargo Reflect does not currently offer a welcome bonus when you apply for the card.

Wells Fargo Reflect benefits

The main perk of opening this card is the introductory APR opportunity. If you anticipate a large purchase that you want to finance over 21 months, you’ll be saved by the introductory interest fees for this period — among the longest we’ve seen.

For those with existing debt, you can also enjoy 0% introduction APR on qualifying balance transfers made within the first 120 days (then a variable APR of 17.74%, 24.24%, or 29.49% applies). Just note that there’s a balance transfer fee of 5% (with a minimum of $5).

While this card does not allow you to accrue points, miles or even cash rewards, you can receive up to $600 of cellular telephone protection against damage and theft when you pay your monthly cellular telephone bill with your card (subject to a $25 deductible). Monthly cellular telephone insurance can be pricey, so this excellent protection automatically comes with a card with no annual fee.

Related: Link a credit card with cellular telephone protection to your mobile bill

Earning and redeeming rewards on the Wells Fargo Reflect

The Wells Fargo Reflect does not have a rewards-earning structure or program. There are no points or cash back to be earned and redeemed with the credit card.

Which cards compete with the Wells Fargo Reflect?

Many issuers have come out with their own debt refinancing credit cards, so there’s no shortage of options compared to the Wells Fargo Reflect.

• If you prefer Citi: Citi® Diamond Preferred® Card (see rates and fees), cardholders enjoy a 0% introductory APR for new purchases for the first 12 months of account opening and 0% introductory APR for 21 months from the date of the first transfer for balance transfers completed within the first four months of account opening. Note that there’s a balance transfer fee of either $5 or 5% of the amount of each transfer, whichever is greater. After the introduction period, there’s a 17.74%-28.49% variable APR based on your creditworthiness. For more details, see our full review of the Citi Diamond Preferred.
• If you prefer Chase: The Chase Slate Edgeâ„  offers a 0% APR for 18 months on purchases and balance transfers. After the introductory period, a variable interest rate of 19.99%-28.74% applies. Cardholders can lower their interest rate by 2% each year by paying their bill on time and spending at least $1,000 annually. For more information, read our full review of the Chase Slate Edge.
• If you prefer rewards with Citi: The Citi Rewards+® Card (see rates and fees) earns 5 ThankYou points per dollar on hotel, car rentals and attractions booked on CitiTravel.com through December 31, 2025, in addition to 2 points per dollar at supermarkets and gas stations on the first $6,000 per year, then 1 ThankYou point per dollar spent thereafter and 1 ThankYou point per dollar on all other purchases. New cardholders also receive a 0% introductory APR for 15 months on purchases and balance transfers; after that, a variable APR between 18.24%-28.24% will apply. For more information, read our full review of the Citi Rewards+ Card.

The information for the Chase Slate Edge has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

For additional options, check out our full list of the best balance transfer credit cards and 0% APR credit cards.

Related: How to do a balance transfer

Is the Wells Fargo Reflect worth it?

In short, it depends on what you’re looking for in a card. If avoiding APR and reducing debt are your top priorities right now — instead of earning rewards and creating value — it could be a fit for you. However, anyone looking to earn rewards will want to opt for a different card.

Bottom line

The Wells Fargo Reflect isn’t competing on the same level as top rewards cards such as The Platinum Card® from American Express or the Chase Sapphire Reserve®. Instead, it’s for users who need a financing (or refinancing) offer before accruing credit card points and miles. With diligent, on-time payments, your credit score will rise, qualifying you for these travel rewards credit cards down the road.

Apply here: Wells Fargo Reflect