Rewards Visa OK, not aspirational

The Rewards Visa from Wells Fargo provides first rate rewards worth in your spending, coupled with an annual price of $Zero and the pliability of not being tied to 1 lodge chain. However what about aspirations of utilizing rewards to ebook a free plush room in an unique location?

Not a lot. Let’s simply say if the rewards program had been a lodge, it might be much less like a beachfront luxurious resort and extra like a suburban office-park lodge off the freeway — and that is if you happen to’re prepared to wade via the convoluted rewards program. It awkwardly marries bank card spending rewards with a “purchase 10, get one free” system you’d discover at a sandwich store.

It might be a superb match for these already utilizing the loyalty program. However if you happen to’re prepared to select a lodge group and keep it up, co-branded lodge bank cards may be a greater match, even when it’s important to pay an annual price. And a common journey card can provide much more versatility.

Listed here are 5 issues to know concerning the Rewards Visa.

1. The sign-up bonus is simply OK

With an annual price of $0, you don’t anticipate a large sign-up bonus. However even nonetheless, some may be a little bit dissatisfied with this one.

The present bonus: Earn one “reward night time” value as much as $125 once you spend $1,000 on purchases within the first three months. (The reward night time excludes taxes and charges, which you will must pay.)

To maximise this bonus, you’d have to discover a room that prices precisely $125 an evening. If it prices extra, you will owe the distinction. If it prices much less, you do not get again the distinction. That’s lower than you get with most different main lodge bank cards, even ones with no annual price.

A operating theme right here: The cardboard’s bonus, like its rewards, shouldn’t be a lot a “free night time,” however extra like a greenback credit score to make use of at

2. Rewards are baffling …

You CAN determine the rewards program. However after this description, resolve whether or not you WANT to.


  • Even with out the bank card, the loyalty program helps you to earn a “stamp” for each night time you keep at any eligible property booked on that website. That’s a stamp such as you would possibly get on a loyalty wallet-card at a sandwich or espresso store.

  • With the Rewards Visa bank card, you earn a stamp for each $500 spent on purchases with the cardboard. All spending counts the identical. No bonus rewards for spending on, say, eating places or gasoline stations — not even for reserving at

However what are the rewards stamps value? You’ll have to recollect the quantity $110. Right here’s why.


It’s essential to accumulate 10 stamps for a “reward night time.” No partial redemptions for, say, seven stamps.

So 10 stamps, and I can ebook any lodge room on Uh, no. Not all stamps are created equal:

  • Stamps you earn racking up $500 in spending on the bank card are assigned a price of $110.

  • However stamps you earn reserving via are value no matter you paid for the room.

The worth of your 10-stamp “reward night time” is the typical of your 10 stamps — once more, with credit score card-earned stamps value $110. So, if you happen to didn’t ebook any rooms via and earned your 10 stamps solely with the bank card, then your reward is value $110. However when you have a mixture of bookings and bank card stamps, your reward might be kind of than $110, relying on how costly your bookings had been, which impacts the typical of the 10 stamps.

Lastly, rewards expire after 12 months of inactivity (that means you didn’t earn a stamp or redeem a reward throughout that point). So be sure you spend a minimum of $500 a 12 months on the cardboard to earn a stamp and reset the expiration date.

Nerd tip: For rewards earned with the bank card alone, do not get your hopes up for reserving an opulent 5-star lodge, the place rooms price excess of $110. You possibly can ebook a dearer lodge and nonetheless use the reward, however you’ll must pay the distinction. And as with the bonus provide, your free night time doesn’t embrace taxes and charges.

3. … However reward values might be first rate

Due to the complicated rewards system, it might sound troublesome to evaluate the worth of incomes these rewards. But it surely’s basically 2.2% again. Right here’s how:

Contemplating solely rewards earned with the bank card, you’ll have to spend $5,000 to earn 10 stamps value $110. ($110/$5,000 =.022 = 2.2%)

Put one other method, every stamp earned with the Rewards Visa bank card is value $11. (However they’re value nothing till you’ve gotten 10 of them.)

That may be a aggressive rewards price in contrast with some lodge playing cards. However, in fact, there are 2% cash-back bank cards accessible. With the Rewards Visa, you get solely an additional 0.2 proportion factors to earn rewards which can be way more restrictive than money, which brings us to the subsequent level.

4. It has flexibility pluses and minuses boasts listings of 500,000 properties in additional than 200 nations. So if you happen to’re not chasing elite standing with a selected model, the Rewards Visa card might assist get you free or discounted reward nights throughout all kinds of properties, and for no annual price.

On the draw back, in contrast to playing cards providing versatile rewards, the stamps you earn utilizing this bank card are redeemable just for bookings. Plus, you may’t redeem the rewards you’ve earned till you earn 10 stamps.

And it has no journey companions to switch rewards to.

5. It provides just a few perks

  • Silver standing: You get automated Silver standing with for 12 months from date of opening. If you have already got Silver standing, it is going to be prolonged for 12 months because of your new card. Silver standing entitles you to free breakfast, spa vouchers, airport transfers, VIP entry strains and extra at eligible properties.

  • No redemption price: In the event you’re only a loyalty member, you should pay a $5 price for every redemption except you utilize the app. The price is waived when you have the Rewards Visa.

  • Mobile phone safety: Pay your cellphone invoice with this card and also you’ll be lined within the occasion of harm to or theft of your cellphone, for as much as $1,200 per 12 months ($600 per declare) after a $25 deductible.

  • Journey perks: Like all self-respecting journey card, it expenses no international transaction price for making purchases overseas. It additionally comes with some journey protections, similar to rental automobile insurance coverage (secondary) and journey cancellation and interruption insurance coverage.

Ultimately, the Rewards Visa is a approach to earn credit score for reserving rooms on Its rewards worth for spending on the cardboard is first rate and can be a superb addition for these already immersed within the loyalty program. However for most individuals, a co-branded card with a reputation like Marriott, Hilton or Hyatt would possibly serve them higher if they’ll commit to 1 lodge chain.

Info associated to the Rewards Visa has been collected NerdWallet and has not been reviewed or supplied the issuer or supplier of this services or products.

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