Wells Fargo Platinum Card

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Basic Information

Program ID: wells-fargo-platinum-card

Issuer: Wells Fargo

Card Type: Credit

Network: Visa

Card Tier: Platinum

Data Complete: Yes

Created: 01/06/2026 12:35

Last Scraped: 01/15/2026 08:20

Fee Structure
Annual Fee: $0.00
Year 1 Waived: No
Effective Annual Fee: $0.00
Authorized User Fee: $0.00
Penalty APR: 0.00%
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: 18 months

Balance Transfer APR: 2,124.00%

Intro BT APR: 0.00%

Intro BT Duration: 18 months

Cash Advance APR: 2,999.00%

Sign-Up Bonus

Bonus Amount: $0.00

Spending Requirement: $0.00

Time Period: 0 days

Bonus Timing: No sign-up bonus is typically offered for the Wells Fargo Platinum Card, which primarily focuses on introductory APRs for purchases and balance transfers.

Rewards Program

Reward Type: None

Base Reward Rate: 0.00%

Bonus Reward Rate: 0.00%

Bonus Categories: N/A - The Wells Fargo Platinum Card does not offer a rewards program.

Point Value Estimate: 0.0000 cents/point

Expiration Policy: N/A - This card does not earn rewards.

Transfer Partners: N/A - This card does not earn rewards.

Card Benefits
Protection Benefits
  • Cell Phone Protection
Travel Benefits
  • Primary Rental Protection
  • No Foreign Transaction Fees
Premium Benefits
Approval Criteria

Recommended FICO Range: 670 - 739

Approval Odds Category: Good

Pre-qualification Available

Soft Pull Supported

Hard Pull Bureau: Experian, TransUnion, Equifax

Issuer Rules

Rules: The Wells Fargo Platinum card is primarily designed for building credit or managing existing debt through balance transfers. Eligibility typically requires applicants to be 18 years or older, a U.S. resident, and possess a Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN). While often accessible to those with fair to good credit, a strong credit history is always beneficial. This card typically does not offer a sign-up bonus. If a bonus were to be introduced in 2026, Wells Fargo's general rule of 'one bonus per 15 months per card' (or per product family) would apply, meaning eligibility for a bonus would be restricted if a bonus on the same product was received within the preceding 15 months. Wells Fargo also maintains internal application velocity rules, generally limiting new credit card approvals if an applicant has opened a certain number of Wells Fargo cards within a specific timeframe (e.g., 1 new card every 6 months, or 2 new cards within 24 months, though these are more strictly enforced for rewards cards).

Maximum Cards Per Issuer: 4

Minimum Spend Interval: N/A - No typical sign-up bonus

Shutdown Risk Triggers: Manufactured spending (even without rewards, unusual transaction patterns can flag accounts), rapid accumulation of credit limits across Wells Fargo products, excessive credit card applications within a short period (velocity rules), suspicious or fraudulent activity, defaulting on other Wells Fargo accounts, abuse of balance transfer offers.

International Friendly

User Analytics & Insights
User Ratings

Average Rating: 3.6 / 5.0

Top Positive Feedback:
Excellent for balance transfers with a long 0% intro APR period, no annual fee, helps manage debt and build credit.

Top Negative Feedback:
No rewards program, high regular APR after intro period, limited benefits, foreign transaction fees.

Approval Experience Score: 80.0 / 100

Recommended Alternatives
  • Chase Slate Edge
  • Citi Simplicity Card
  • BankAmericard® credit card

Card Value Score: 70.0 / 100

Est. Annual Rewards: $0.00


User Portfolio Metrics

Avg Portfolio Size: 3 cards

Avg Portfolio Age: 48 months

Store vs Co-brand: 100% General / 0% Store

Risk Assessment

Default Risk Group: Low

Predicted Approval Probability: 80.0%

Terms Version Control

Version ID: v1.0