Wells Fargo Choice Privileges Mastercard
Basic Information
Program ID: wells-fargo-choice-privileges-mastercard
Issuer: Wells Fargo
Card Type: Credit
Network: Mastercard
Card Tier: World Elite
Data Complete: Yes
Created: 01/15/2026 16:58
Last Scraped: 01/15/2026 16:59
Fee Structure
| Annual Fee: | $0.00 |
| Year 1 Waived: | No |
| Effective Annual Fee: | $0.00 |
| Authorized User Fee: | $0.00 |
| Penalty APR: | 30.00% |
Additional Fees
| Late Fee: | $40.00 |
| Returned Payment: | $40.00 |
| Balance Transfer: | Either $5 or 3% of the amount of each balance transfer, whichever is greater. |
| Cash Advance: | Either $10 or 5% of the amount of each cash advance, whichever is greater. |
| Foreign Transaction: | 0.00% |
Interest Rates
Purchase APR Range: 2,124.00% - 2,924.00%
Intro Purchase APR: 0.00%
Intro APR Duration: 0 months
Balance Transfer APR: 2,924.00%
Intro BT APR: 0.00%
Intro BT Duration: 0 months
Cash Advance APR: 2,999.00%
Rewards Program
Reward Type: Choice Privileges Points
Base Reward Rate: 1.00%
Bonus Reward Rate: 5.00%
Bonus Categories: 5x Choice Hotels, 2x Gas Stations, 2x Grocery Stores, 2x Home Improvement Stores
Point Value Estimate: 0.0100 cents/point
Expiration Policy: Points do not expire as long as the Choice Privileges Mastercard account is open and in good standing.
Transfer Partners: Choice Privileges points can be transferred to various airline partners (e.g., Aeroplan, Alaska Airlines, American Airlines, Southwest Airlines, United Airlines, Qantas, Spirit Airlines), typically at a 5:1 ratio (5,000 Choice points to 1,000 airline miles).
Card Benefits
Protection Benefits
- Extended Warranty
- Purchase Protection
- Cell Phone Protection
- Price Protection
Travel Benefits
- Travel Insurance
- Primary Rental Protection
- Trip Delay Coverage
- Lost Luggage Coverage
- No Foreign Transaction Fees
Premium Benefits
- Airport Lounge Access
- Concierge Service
- Global Entry Credit: $0.00
- TSA PreCheck Credit: $0.00
- Hotel Status: Choice Privileges Gold Elite
Approval Criteria
Recommended FICO Range: 670 - 850
Approval Odds Category: Good
Pre-qualification Available
Soft Pull Supported
Hard Pull Bureau: Experian, TransUnion, Equifax
Issuer Rules
Rules: Eligibility for the welcome bonus on the Wells Fargo Choice Privileges Mastercard is generally restricted to new cardholders of this specific product. A key rule is that you are ineligible for a welcome bonus if you have received a bonus for this specific card product in the past 15 months. Applicants typically need a good to excellent credit score (generally 700+), sufficient income to support the credit limit, and a reasonable number of recently opened credit accounts across all issuers (Wells Fargo often considers new accounts opened in the last 6-12 months, similar to a soft '5/24' type rule). Existing Wells Fargo banking relationships can be beneficial. Applicants should not have an excessive number of existing Wells Fargo credit cards or a high cumulative credit limit with the issuer.
Maximum Cards Per Issuer: 5
Minimum Spend Interval: 3 months
Shutdown Risk Triggers: Manufactured spending, high cumulative credit limit across Wells Fargo accounts, rapid application for multiple credit cards (especially across different issuers), frequent credit limit increase requests without corresponding income growth, suspicious spending patterns (e.g., large gift card purchases, excessive cash advances), repeated late payments, or defaulting on other Wells Fargo products.
International Friendly
User Analytics & Insights
User Ratings
Average Rating: 3.7 / 5.0
Top Positive Feedback:
Strong rewards for Choice Hotels loyalists, good earning rates on everyday categories like gas and groceries, automatic Gold Elite status, no foreign transaction fees, and a valuable sign-up bonus.
Top Negative Feedback:
Annual fee after the first year may not be justified for infrequent travelers, Choice Privileges point value can fluctuate, and redemption options are primarily limited to Choice Hotels properties.
Approval Experience Score: 80.0 / 100
Recommended Alternatives
- Hilton Honors American Express Card
- Marriott Bonvoy Boundless Credit Card
- Capital One Venture Rewards Credit Card
Card Value Score: 70.0 / 100
Est. Annual Rewards: $310.00
User Portfolio Metrics
Avg Portfolio Size: 4 cards
Avg Portfolio Age: 84 months
Store vs Co-brand: 90% General / 10% Co-brand
Risk Assessment
Default Risk Group: Low
Predicted Approval Probability: 85.0%
Terms Version Control
Version ID: March 2024