Wells Fargo to Launch AutographSM, a New Visa® Rewards Credit Card that Offers 3X Points Across Top Spending Categories
June 27 2022 - 9:00AM
Business Wire
The latest new card reflects the bank’s sustained momentum in
growing its consumer credit cards business
Today Wells Fargo & Company (NYSE: WFC) announced the newest
offering in its portfolio of consumer credit cards, the Wells Fargo
AutographSM Card. As Wells Fargo’s latest no-annual fee card to
launch, Autograph follows the introduction of the Active Cash® and
Reflect® Cards in 2021 and offers 3X points on top spending
categories for everyday living and day-off adventures, including
restaurants, travel, gas stations, transit, popular streaming
services, and phone plans. The launch of Autograph solidifies the
company’s partnership with Visa – the world’s leader in digital
payments – and is the first of several rewards-rich cards Wells
Fargo is set to introduce. Autograph is available now in select
markets and will be available nationwide in mid-July.
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the full release here:
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The Wells Fargo Autograph Card offers 3X
points on top spending categories for everyday living and day-off
adventures, including restaurants, travel, gas stations, transit,
popular streaming services, and phone plans. (Photo: Wells
Fargo)
“As consumers begin to reengage across the economy, we’re
thrilled to be expanding our portfolio and offering customers more
great value with the launch of Autograph,” said Krista
Phillips, EVP, head of Branded Cards and Marketing for Wells
Fargo Credit Cards. “Now more than ever, consumers want a card that
lets them go their own way, from everyday adventures to annual
escapes. This card complements our other credit cards so that we
can offer customers real, transparent value no matter what they’re
looking for in their credit card.”
As with each of the new offerings launched in Wells Fargo’s Visa
portfolio, Autograph was designed to bring a practical element to
credit card rewards – a space that has become increasingly
competitive and complicated. Unlike other rewards cards, which may
have rotating categories to track and qualifiers that limit earning
potential, Autograph’s 3X categories remain the same month-to-month
across top spending categories that make up the bulk of our
customers’ everyday purchases. It seamlessly fits into the existing
Wells Fargo Rewards® platform.
Autograph offers many exciting benefits, including:
- $0 annual fee.
- The introductory offer includes 0% intro APR for the first 12
months from account opening on purchases, 16.49%, 21.49%, or 26.49%
variable APR thereafter. New cardholders can also earn 30,000 bonus
rewards points when they spend $1,500 in purchases in the first 3
months.
- 3X points on the things that really add up – like restaurants,
travel and transit, gas stations, popular streaming services, and
phone plans. Plus, 1X points on other purchases. There are no caps
or limits to the number of rewards points cardholders can
earn.
- Cell phone protection when customers pay their monthly cell
phone bill with their Autograph Card. For more information about
card benefits, visit wellsfargo.com/autographbenefits.
- Built-in Zero Liability Protection to ensure customers are not
held responsible for any unauthorized transactions, when reported
promptly.
- Autograph will be accepted at millions of locations in the U.S.
and globally – anywhere Visa Credit is accepted.
Autograph cardholders will also have access to My Wells Fargo
Deals – a merchant-funded offers platform that presents cash back
in the form of a statement credit when shopping, dining, or
enjoying an experience. Cardholders simply activate the deal in
Online Banking and then make the purchase using their Autograph
Card or other eligible Wells Fargo credit or debit cards.
“Our customers told us they tend to focus on three core areas
when it comes to their credit card preferences: cash back, value
and rewards,” said Phillips. “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.”
As a result of ongoing product simplification and reinvention
efforts, the company has retired and stopped accepting new credit
card applications on certain products, including the Wells Fargo
Propel® Card. Wells Fargo continues to expand its co-branded card
offerings, including a new partnership announced earlier this year
with Bilt Rewards and Mastercard to issue the Bilt Mastercard®,
which gives cardholders a way to earn points on rent payments and
more. For more information on Wells Fargo’s credit cards, visit
creditcards.wellsfargo.com.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading financial
services company that has approximately $1.9 trillion in assets,
proudly serves one in three U.S. households and more than 10% of
small businesses in the U.S., and is a leading middle-market
banking provider in the U.S. We provide a diversified set of
banking, investment and mortgage products and services, as well as
consumer and commercial finance, through our four reportable
operating segments: Consumer Banking and Lending, Commercial
Banking, Corporate and Investment Banking, and Wealth &
Investment Management. Wells Fargo ranked No. 37 on Fortune’s 2021
rankings of America’s largest corporations. In the communities we
serve, the company focuses its social impact on building a
sustainable, inclusive future for all by supporting housing
affordability, small business growth, financial health, and a
low-carbon economy. News, insights, and perspectives from Wells
Fargo are also available at Wells Fargo Stories.
Additional information may be found at www.wellsfargo.com |
Twitter: @WellsFargo
Cautionary statement about forward-looking statements
This news release contains forward-looking statements about our
future financial performance and business. Because forward-looking
statements are based on our current expectations and assumptions
regarding the future, they are subject to inherent risks and
uncertainties. Do not unduly rely on forward-looking statements as
actual results could differ materially from expectations.
Forward-looking statements speak only as of the date made, and we
do not undertake to update them to reflect changes or events that
occur after that date. For information about factors that could
cause actual results to differ materially from our expectations,
refer to our reports filed with the Securities and Exchange
Commission, including the “Forward-Looking Statements” discussion
in Wells Fargo’s most recent Quarterly Report on Form 10-Q as well
as to Wells Fargo’s other reports filed with the Securities and
Exchange Commission, including the discussion under “Risk Factors”
in our Annual Report on Form 10-K for the year ended December 31,
2021, available on its website at www.sec.gov.
Important Terms & Conditions
There is a variable APR of 16.49%, 21.49%, or 26.49% variable
APR for purchases and balance transfers. There is a variable cash
advance APR of 27.49%. These APRs will be based on your
creditworthiness and will vary with the market based on the U.S.
Prime Rate. Minimum interest charge will be no less than $1.00. A
balance transfer fee of up to 5% for each balance transfer, with a
minimum of $5, applies. A cash advance fee of either $10 or 5% of
the amount of each advance, whichever is greater, applies. This
information about the cost of the credit card account described
here is accurate as of 6/27/2022. To find out what may have
changed, call 1-800-932-6736. The Wells Fargo Autograph Visa® Card
is issued by Wells Fargo Bank, N.A.
News Release Category: WF-PS
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version on businesswire.com: https://www.businesswire.com/news/home/20220627005123/en/
Media Sarah DuBois, 612-401-5869
sarah.dubois@wellsfargo.com
Investor Relations John Campbell, 415-396-0523
john.m.campbell@wellsfargo.com
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