Though they get less press than other programs, Go Far Rewards offer solid redemption value and good redemption options – our guide explains how to make the most of Wells Fargo rewards.
Go Far® Rewards is the rewards program that’s available with two Wells Fargo credit cards. Although this program receives less press attention than Chase Ultimate Rewards or American Express Membership Rewards, the Go Far Rewards program offers solid value and good redemption options.
Read on for all the info you need to maximize the rewards on your Wells Fargo card.
What is the Wells Fargo Go Far Rewards program?
The Go Far Rewards program offers points when you make a purchase on any Wells Fargo Rewards-based credit card. These points can be redeemed for several types of awards including cash back, gift cards, statement credits toward purchases and travel reservations. You can even share your rewards with a friend or relative or use them to make a charitable donation.
Which cards earn Wells Fargo Go Far Rewards?
|Card name||Rewards rate on regular purchases||Welcome bonus||Annual fee|
|Wells Fargo Active Cash Card||2% cash rewards||$200 cash rewards bonus when you spend $1,000 in purchases in the first 3 month||$0|
|Wells Fargo Platinum card*||None||None||$0|
How to earn Go Far points
You can earn Go Far points several ways. The first is by using an eligible Wells Fargo consumer or small-business credit card on regular purchases. You can earn points as a welcome bonus and for your ongoing spending.
With the Active Cash Card, you can earn $200 in cash rewards (20,000 points) after spending $1,000 within your first three months of account opening. You also earn unlimited 2% cash rewards (2X points) on purchases. New applicants receive 15 months from account opening of 0% intro APR financing on both new purchases and qualifying balance transfers (14.99% to 24.99% variable APR thereafter). Benefits include a cellphone protection policy that offers $600 of coverage, with a $25 deductible. There’s no annual fee for this card.
The Wells Fargo Platinum card is also part of the Go Far program but it doesn’t earn a sign-up bonus or rewards on all purchases. Instead, you can earn with the Earn More Mall site (see below). The Platinum card additionally offers a 0% intro APR for 18 months from account opening on purchases and qualifying balance transfers, then a variable APR of 16.49% to 24.49%. It also features a $0 annual fee.
Earn More Mall
The Earn More Mall is a fun way to earn Go Far Rewards points by shopping in-store or online with select retailers to earn bonus points. Through this rewards feature, you can earn up to 10% back when shopping one of the hundreds of participating online and in-store retailers. As of the time of this writing, 248 offers are available, including Walmart, Kohl’s, Dell, Macy’s, Old Navy, Lenovo, Expedia and Priceline.
To access in-store offers, some need to be activated ahead of time. Simply sign in to your account on Earn More Mall, then click Activate on the offers you’re interested in under the Activate Offers tab.
Next, shop and pay with your participating Wells Fargo credit card. To earn the bonus rewards online, visit the Earn More Mall and click on the Shop Now button to take you to the retailer’s site. If you go to the retailer’s site directly, you won’t earn points for purchases; you must start on the Earn More Mall webpage.
How much are Go Far Rewards points worth?
You have numerous ways to redeem your Go Far Rewards, and your point value can differ slightly based on whether you optimize redemption value in your rewards choice. Here are your options:
- Cash back. Points are worth 1 cent each toward cash back rewards. You can request a check in the mail or have your rewards deposited into an eligible Wells Fargo account in increments of $25 (2,500 points). Alternatively, you can withdraw earnings from a Wells Fargo ATM in increments of $20 (2,000 points).
- Statement credits. A simpler option than receiving cash back can be to redeem your rewards toward statement credits. You can redeem your points in increments of $25 (2,500 points) by applying them directly to your credit card balance.
- Travel. You can book flights, hotels, rental cars and more through the Go Far Rewards travel site. Points are worth 1 cent each but can be worth 1.5 cents each if you still have a Wells Fargo Visa Signature card, which is no longer available to new applicants. Visa Signature cardholders who spend $50,000 or more in a calendar year will receive 1.75 cents in value per point redeemed.
- Gift cards. You can purchase digital or physical gift cards, and you’ll receive 1 cent in value per point redeemed.
- Merchandise. You can also purchase items through the Earn More Mall. Visit your Wells Fargo account for current options.
- Send a gift. You can send anyone with any type of Wells Fargo account cash using your points. If the individual also has a card that earns Go Far Rewards points, you can also gift them points.
- Make a donation. You can also redeem your Go Far Rewards to the American Red Cross to help provide shelter, food, and health and mental health services during emergencies.
How are Go Far Rewards redeemed?
You can redeem your Go Far Rewards online at GoFarRewards.wf.com or in the Wells Fargo mobile app. You can also redeem your rewards at a Wells Fargo ATM by using your Wells Fargo ATM or debit card. You can also call Wells Fargo Go Far Rewards Customer Service at 1-877-517-1358 to redeem your rewards, seven days a week, from 8:00 a.m. to midnight, Eastern Time, excluding major holidays.
How do Go Far Rewards compare to other reward programs?
The Wells Fargo Go Far Rewards program is fairly typical of credit card reward programs offered by major issuers. However, programs such as Chase Ultimate Rewards and American Express Membership Rewards, Capital One Miles and Citi ThankYou points, offer an important feature that Wells Fargo lacks. These competing programs offer cardholders the ability to transfer their rewards to airline miles or hotel points. And when you redeem these points or miles for business or first-class flights, or stays in luxury partner hotels, it’s often possible to receive far more than 1 cent in value per point redeemed.
But not all Chase and Citi cardholders have access to these point-to-mile transfers. For example, holders of the Chase Freedom Flex℠, Chase Freedom Unlimited and Ink Business Unlimited® Credit Card earn Ultimate Rewards points, but they don’t give cardholders the option of transferring their rewards to airline miles or hotel points, like Chase Sapphire Preferred Card and Chase Sapphire Reserve card cardholders.
Likewise, holders of the Citi® Double Cash Card, the Citi Custom Cash℠ Card and Citi Rewards+® Card don’t have the ability to transfer their ThankYou reward points to airline miles, like Citi Premier® Card and Citi Prestige® Card cardholders do.
When you don’t have the ability to transfer rewards to travel partners, Chase Ultimate Rewards and Citi ThankYou points are worth only 1 cent each, the same as Wells Fargo Go Far Reward points.
Another distinction between Wells Fargo Go Far rewards and these other programs are the number of cards available. American Express, Chase and Citi each offer numerous cards for both consumers and small-business owners and mostly allow you to pool the points that you earn from all your cards. This enables customers to hold several cards, each with different benefits and bonus spending categories.
In contrast, Wells Fargo currently offers new applicants just two cards that participate in the Go Far rewards program, and only one has a rewards rate on purchases (the Active Cash card).
Previously, Wells Fargo offered other cards that earned Go Far Rewards points, including the Wells Fargo Cash Wise Visa® card*, the Wells Fargo Visa Signature credit card* and the Wells Fargo Rewards Card*. Many customers may still have one or more of these cards, but they aren’t available to new applicants at this time.
Wells Fargo is one of the largest retail banks in the U.S., and it offers a couple of consumer credit cards that participate in the Go Far Rewards program.
While this program doesn’t offer quite the value of some competing programs that provide the ability to transfer your rewards to travel partners, it’s a solid cash back rewards program that gives you plenty of other options when it comes time to redeem your rewards.
All information about the Wells Fargo Cash Wise Visa® card, the Wells Fargo Platinum, the Wells Fargo Visa Signature credit card and the Wells Fargo Rewards Card has been collected independently by CreditCards.com. The issuer did not provide the content, nor is it responsible for its accuracy. The Wells Fargo Platinum card is no longer available.