Wells Fargo Secured Credit Card
Basic Information
Program ID: wells-fargo-secured-credit-card
Issuer: Wells Fargo
Card Type: Credit
Network: Visa
Card Tier: Standard
Data Complete: Yes
Created: 01/07/2026 18:38
Last Scraped: 01/15/2026 08:19
Fee Structure
| Annual Fee: | $25.00 |
| Year 1 Waived: | No |
| Effective Annual Fee: | $25.00 |
| 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 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: 0.00%
Intro BT APR: 0.00%
Intro BT Duration: 0 months
Cash Advance APR: 2,999.00%
Sign-Up Bonus
Bonus Amount: $0.00
Spending Requirement: $0.00
Time Period: 0 days
Bonus Timing: N/A - The Wells Fargo Secured Credit Card does not typically offer a sign-up bonus or welcome offer, as its primary purpose is to help build or rebuild credit.
Rewards Program
Reward Type: None
Base Reward Rate: 0.00%
Bonus Reward Rate: 0.00%
Bonus Categories: None - This card does not offer rewards.
Point Value Estimate: 0.0000 cents/point
Expiration Policy: N/A - This card does not earn rewards.
Transfer Partners: None - This card does not offer rewards.
Card Benefits
Protection Benefits
Travel Benefits
- No Foreign Transaction Fees
Premium Benefits
Approval Criteria
Recommended FICO Range: 300 - 669
Approval Odds Category: Excellent
Pre-qualification Available
Soft Pull Supported
Hard Pull Bureau: Experian, TransUnion, Equifax
Issuer Rules
Rules: Eligibility for the Wells Fargo Secured Credit Card in 2026 typically requires applicants to be 18 years or older, possess a Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN), and provide a security deposit (minimum $300, up to $10,000). Applicants generally cannot have an existing Wells Fargo secured credit card. The known bonus rule is 'One bonus per 15 months per card', though secured cards rarely offer traditional sign-up bonuses.
Maximum Cards Per Issuer: 5
Minimum Spend Interval: N/A - Secured cards typically do not offer sign-up bonuses requiring minimum spend.
Shutdown Risk Triggers: Manufactured spending, high cumulative credit limit across Wells Fargo products, rapid application for multiple credit products, defaulting on payments, suspicious account activity, or violation of terms of service.
International Friendly
User Analytics & Insights
User Ratings
Average Rating: 3.8 / 5.0
Top Positive Feedback:
Easy approval process, effective for building credit, potential for graduation to an unsecured card, and reliable customer service.
Top Negative Feedback:
Requires a security deposit, has an annual fee, low initial credit limit, and limited rewards.
Approval Experience Score: 90.0 / 100
Recommended Alternatives
- Discover it Secured Credit Card
- Capital One Platinum Secured Credit Card
- OpenSky Secured Visa Credit Card
Card Value Score: 85.0 / 100
Est. Annual Rewards: $0.00
User Portfolio Metrics
Avg Portfolio Size: 2 cards
Avg Portfolio Age: 18 months
Store vs Co-brand: 100% General / 0% Store
Risk Assessment
Default Risk Group: High
Predicted Approval Probability: 95.0%
Terms Version Control
Version ID: v1.0