When you’re in search of a rewards bank card, Wells Fargo has a brand new card that will seize your consideration.
The Wells Fargo Autograph JourneySM Card launched in March 2024 with “frequent vacationers” in thoughts.
It options rewards bonuses for spending classes resembling airways, resorts, eating and basic journey.
And with a $95 annual charge, it’s priced to compete with the Capital One Enterprise Rewards Credit score Card and Chase Sapphire Most popular® Card. Each of these playing cards make our listing of greatest journey bank cards. Will this card be a part of them?
Wells Fargo Autograph JourneySM Card: 6 Issues To Know
Let’s check out some key issues it is advisable learn about Wells Fargo’s newest card providing that will help you determine if it’s price including to your pockets.
1. The Rewards Program Is Structured To Profit Vacationers
As talked about earlier, Wells Fargo is attempting to focus on frequent vacationers with this bank card. So, it is sensible that the rewards multipliers are tilted closely in favor of spending classes which might be related to being on the transfer.
Right here’s a fast breakdown of the rewards multipliers:
| Spending Class | Factors Multiplier |
| Inns | 5x factors |
| Airways | 4x factors |
| Different Journey | 3x factors |
| Eating | 3x factors |
| All different purchases | 1x factors |
There aren’t any spending caps on any of the classes, so your possibilities to earn factors are limitless.
2. This Is Completely different Than The Present Wells Fargo Autograph Card
If the identify “Wells Fargo Autograph Journey” sounds acquainted to you, it in all probability is as a result of Wells Fargo already has a bank card that’s branded with the Autograph identify.
The Wells Fargo AutographSM Card is a no-annual-fee bank card that provides cardholders 3x factors on fashionable spending classes, together with journey. It’s a superb card in its personal proper. Workforce Clark has it rated as among the finest choices for no overseas transaction charges.
The Autograph Journey card additionally has no overseas transaction charges, which is a should for individuals who journey internationally.
To assist differentiate the 2 playing cards, you’ll discover that the branding and shade scheme for the brand new Autograph Journey card is barely completely different:
3. The Card Encompasses a Stable Welcome Bonus, However The Spending Requirement Might Get You
Wells Fargo says that Autograph Journey cardholders will probably be eligible for a welcome bonus price 60,000 factors.
To earn these factors, you’ll should spend no less than $4,000 with the cardboard within the first 3 months of card membership. That’s not unreasonable in comparison with another journey bank cards, but it surely’s nonetheless a median of greater than $1,300 monthly.
You probably have a big buy to make for an upcoming journey, you might be able to clear a superb portion of the welcome bonus whereas additionally incomes prime multipliers in your airline and lodge bookings.
4. You Can Earn Greater than Half Your Annual Payment Again Every Yr With This Perk
Wells Fargo is providing a $50 annual assertion credit score for airfare purchases. Merely use the cardboard to make an airfare buy to qualify.
When you journey sufficient to think about getting a journey card, there’s an excellent likelihood that you simply’ll make no less than one airline buy per yr that can earn you this assertion credit score.
Doing so will successfully reduce the annual charge to $45.
5. Wells Fargo Permits Factors Switch with This Card
Along with its announcement of this new card, Wells Fargo additionally unveiled that will probably be launching a brand new on-line rewards redemption possibility for its points-based bank cards.
This system, titled Factors Switch, will permit cardholders to switch their Wells Fargo Rewards factors as miles, factors, or credit to collaborating accomplice loyalty applications.
The Factors Switch program is ready to go stay on April 4, 2024.
In line with the announcement, the accomplice rewards applications included at launch will probably be:
- Alternative Privileges®
- Air France – KLM Flying Blue
- avianca lifemiles
- British Airways Govt Membership
- AerClub
- Iberia Plus
That listing is lacking some key manufacturers and is somewhat underwhelming when in comparison with the journey portal factors switch choices provided by competing card issuers like American Specific, Chase and Capital One.
However Wells Fargo says that “extra companions will proceed to be added all year long.”
6. The Journey Cancellation Safety Perk Might Be Helpful
Factors multipliers and assertion credit for travel-related purchases are an important begin to a journey bank card, however Wells Fargo can also be working journey safety into the equation:
“Journey safety advantages, together with journey cancellation, which lets you get reimbursed as much as $15,000 for lodging, flights, and actions if the journey is canceled for a lined purpose.”
You merely have to e book your journey by paying with the bank card to be eligible for the protection. In fact, a key ingredient to journey playing cards that provide this sort of safety is fastidiously studying the superb print on which purchases are lined and what a qualifying occasion could possibly be to your journey.
Do the perks for this new bank card curiosity you? Would you do enterprise with Wells Fargo in an effort to obtain them? We’d love to listen to your ideas within the Clark.com group.
