Wells Fargo Unveils New Autograph Rewards Visa Card
A new rewards credit card is on the way from Wells Fargo. Today, the bank introduced its Autograph card, which expands the company’s refreshed card portfolio.
In terms of rewards, the Wells Fargo Autograph Card will earn 3 points per dollar spent in a number of categories. These include restaurants, travel and transit, gas stations, select streaming services, and phone plans. All other purchases will earn 1x points.
Beyond the rewards, the Autograph card will also offer other perks. For example, those who use the card to pay their monthly cell phone bill will enjoy cell phone protection insurance (up to $600 per claim). Additionally, cardholders will have access to My Wells Fargo Deals. Plus, the card has no annual fee. Currently, Wells Fargo notes that the Autograph card is available in “select markets” but will be nationwide by mid-July.
If the Autograph card seems familiar, that’s likely because the offering seems to be a replacement for the former Wells Fargo Propel card. That card also featured 3x points on dining, travel, gas, and select streaming services while carrying no annual fee. However, a key difference between the two was that the Propel operated on the American Express network while Autograph is a Visa.
As mentioned, the Autograph card is now the third option in Wells Fargo’s refreshed rewards card line-up, joining the flat 2% back Active Cash card and the balance transfer-friendly Reflect card. In a statement, Wells Fargo Credit Cards EVP and head of Branded Cards and Marketing Krista Phillips explained the strategy of this roster, noting, “Our customers told us they tend to focus on three core areas when it comes to their credit card preferences: cashback, value, and rewards. So we took their feedback to heart, and as evidenced by each of the new cards we have launched – Active Cash, Reflect and Autograph – you can see that we’re focused on delivering competitive offerings across each of those categories.” Meanwhile, Wells Fargo also recently became the issuer of the Bilt Rewards card, which — most notably — offers rewards on rent payments.
While the Wells Fargo Autograph Card might not be a completely new product, it does have a lot to offer — especially in the current marketplace. With 3x on gas, travel, dining, streaming, and now phone plans as well, the card is a well-rounded rewards option that packs plenty of practicality. Therefore, expect the Autograph card to be a popular pick upon its nationwide rollout.