Wells Fargo Rewards Visa Card now lets cardholders redeem their rewards instantly at a Wells Fargo ATM, subject to a $20 minimum withdrawal.
According to their press release as of Feb 4, 2015:
Wells Fargo & Company announced today that customers participating in The Wells Fargo Rewards Program can now redeem their rewards at more than 12,500 Wells Fargo ATMs. Wells Fargo is the first major U.S. financial services provider to introduce this feature, continuing the company’s history of customer-centered innovation.
The new ATM feature allows customers to either:
- Redeem their rewards in the form of a cash withdrawal, or
- Redeem rewards in the form of a deposit or payment to a qualifying Wells Fargo account, including checking and savings accounts, credit cards, mortgages, home equity loans and personal loans.
- Customers can redeem rewards in increments of $20 at the ATM.
New Wells Fargo Visa Rewards Card holders receive:
- 0% introductory APR on purchases for 15 months. (These APRs do not apply to cash advances). See the full terms and conditions.
- 0% introductory APR on balance transfers for 15 months. (balance transfer fees apply).
- Earn 5 points for every $1 spent on gas, grocery, and drugstore net purchases for the first 6 months.
The Wells Fargo Visa Rewards Card includes at no cost:
- $0 annual fee.
- Earn 1 rewards point on every $1 spent on most other net purchases
- All Wells Fargo Credit Cards automatically protect you from liability for unauthorized transactions when you report them promptly.
- You may link your credit card to your checking account to help avoid overdrafts.
- Help protect your cellular telephone from damage or theft when you pay your monthly cellular telephone bill with your Wells Fargo Credit Card.
- For Visa customers. Get fast text and email alerts for monitoring spending, tracking purchases, and receiving notifications of irregular or suspicious activity.
- A Wells Fargo credit card with chip technology offers enhanced security features. Learn more about chip cards.
- Protect your Wells Fargo Visa card with a unique password for online shopping.
- Free auto Rental Collision Damage Waiver
- Free emergency card replacement
- Free roadside dispatch
- Free travel accident insurance and assistance services
Apply for a Wells Fargo Rewards Visa Card.