Card Economics

Ongoing annual value is Miles' modeled estimate of what this card adds each year to a wallet that already earns about 3.1% on everyday spend: statement credits discounted for realistic use, never face value, plus lounge access, elite status and protections, plus rewards earned above that baseline on a typical spending profile, minus the annual fee. Credits gated on very large spend are left out. Actual value depends on how much of each credit and benefit you would genuinely use, and every figure moves with the dataset.
Ongoing, per year	Amount
Annual fee	$0
Credits, benefits and extra earning	$507
Net value, after fee	+$507

First-year value is a modeled net estimate for the first year of membership: the welcome bonus at reasonable redemption values, plus easily used statement credits, minus the first-year annual fee, minus the opportunity cost of meeting the minimum spend instead of earning about 3.1% on it elsewhere. It leaves out hard-to-value perks such as lounge access, elite status and free checked bags, and is independent of the ongoing figure above.
First year	Amount
First-year value, including the welcome bonus	N/A

Card type: PersonalForeign transaction fee: 3%Currency: Wells Fargo Rewards

Wells Fargo Visa Signature

NOT OPEN TO APPLICATIONS

No new applications, and no product change into it either.

Sign-up Bonus

This card is no longer open for new applicants

5XGas Stations7%

5XGrocery Stores7%

5XDrugstores7%

1XAll other purchases1.4%

Highlighted categories return more than 2%, the rate a flat 2% cash-back card pays on everything.

Protections (5)

Purchase Protection — up to $500 — 90 days of coverage against damage or theft. Up to $500 per item, $50,000 per account per year.
Extended Warranty — up to $10,000 — Extends manufacturer warranties of 36 months or less by 12 additional months. Up to $10,000 per item, $50,000 per account per year.
Price Protection — up to $250 — Refunds the difference if the item is advertised for less within 60 days. Up to $250 per item, $1,000 per year.
Auto Rental Collision Damage Waiver (secondary) — Visa Signature auto rental collision damage waiver when the rental is paid with the card and the CDW is declined
Cell Phone Protection — up to $600 — Up to $600 per claim with a $25 deductible when the monthly phone bill is paid with the card

Points redeem at 1.5 cents each toward airfare booked through the Go Far Rewards travel center; 1.75 cents each in a calendar year with $50,000 or more of spend on the card
Points expire five years after they are earned
Visa Signature concierge, roadside dispatch, and travel and emergency assistance