With a brand-new credit card and an enhanced loyalty program, Wells Fargo has officially entered the travel rewards market.
The new Wells Fargo Autograph JourneyTM Visa® Card* is the more upscale sibling of the Wells Fargo AutographTM Card, which has no annual fee. It has an outstanding earnings package that includes travel-related purchases, and it has a $95 annual fee. The card will go nationwide (and online) on March 20, 2024, while it is currently only available at a few Wells Fargo branches as of March 9, 2024.
In-depth analysis of the Wells Fargo Autograph Journey card’s features and primary points of differentiation from the competition will be included in our comprehensive study.
Basics of Wells Fargo Autograph Journey cards
Cost per year: $95.
60,000 points are awarded as a welcome bonus once $4,000 in purchases are made within the first three months of creating an account.
Rewards: 5 points for every $1 spent on lodging, 4 points for every $1 spent on airfare, 3 points for every $1 spent on other travel and meals, and 1 point for every $1 spent on other items.
APR: Variable APR of 21.24%, 26.24%, or 29.99% applied to debt transfers and purchases. During 120 days following account opening, there is an initial balance transfer fee that is equal to $5 or 3% of each transfer’s value, whichever is higher. After that, there is a $5 minimum fee and an up to 5% cost for each balance transfer.
A good to outstanding credit score is advised.
Does preapproval come with the card? No, although pre-qualification is provided by the issuer.
Additional benefits include a $50 yearly statement credit for airfare purchases, protection against trip interruption and cancellation, travel and emergency assistance services, collision damage waiver for secondary auto rentals, reimbursement for misplaced baggage, access to roadside assistance, travel accident insurance, and protection for cell phones.
Review of the Wells Fargo Autograph Journey card
Review of the Wells Fargo Autograph Journey card
The Wells Fargo Autograph Journey has a reasonable $95 annual charge, making it easy on the eyes (and your pocketbook) in a time when issuers are still raising their costs.
With the ability to purchase flights, hotels, and other travel-related activities and earn bonus benefits almost anyplace you go, this metal card is an excellent traveler’s card. This is a crucial differential because a lot of rewards cards mandate that you use a particular travel gateway in order to get bonus miles or points.
Review of the Wells Fargo Autograph Journey card
The Wells Fargo Autograph Journey has a reasonable $95 annual charge, making it easy on the eyes (and your pocketbook) in a time when issuers are still raising their costs.
With the ability to purchase flights, hotels, and other travel-related activities and earn bonus benefits almost anyplace you go, this metal card is an excellent traveler’s card. This is a crucial differential because a lot of rewards cards mandate that you use a particular travel gateway in order to get bonus miles or points.
For example, the $50 annual statement credit for airfare purchases made with the Wells Fargo Autograph Journey can be easily applied to almost any airline of your choice. Similarly, the $50 statement credit is also available with the ever-popular Chase Sapphire Preferred® Card, which has the same annual fee, but it can only be used to hotel stays booked through Chase Travel.
Wells Fargo is joining the travel rewards industry with a competitive roster of six transfer partners. Even though its programs are currently restricted, we should anticipate additional value addition because Wells Fargo indicated in a press release that they intend to eventually bring more travel partnerships. As of right now, flights across all three of the major airline alliances—Oneworld, SkyTeam, and Star Alliance—as well as one hotel program, continue to offer incredibly good value.
This credit card is a cost-effective option for tourists who are just concerned with maximizing their trip spending, even though it might not grant you access to airport lounges, airline upgrades, or other posh travel perks.
