Wells Fargo Reflect vs BankAmericard — Which Is Better For You?

The Wells Fargo Reflect® Card and the BankAmericard Credit Card are among our favorite balance transfer credit cards on the market today. Both cards offer 0% intro APR periods longer than many options, and the intro periods apply not only to qualifying balance transfers, but new purchases, too.

If you want to pay down a large purchase over time, or you have high-interest credit card debt you need to consolidate, either card will give you plenty of breathing room to make payments. The Wells Fargo Reflect earns up to 21 months from account opening of 0% introductory interest (15.99% to 27.99% variable APR thereafter) and the BankAmericard intro period ends after 21 billing cycles and 14.99% – 24.99% variable APR thereafter.

But there are also limitations to both cards that you should consider before you apply, and features that may make one better for you than the other. Here are the details to consider before you make your decision:

Side-by-Side Comparison

Bonus Comparison

Neither card has a welcome offer at the moment.

Keep in mind, if you’re using either of these cards for balance transfers, it’s wise to avoid spending with the card while you’re paying down debt.

Introductory Offers for Purchases

The Wells Fargo Reflect Card’s introductory offers a 0% intro APR on purchases for 18 months from account opening to start, but you can extend this offer by an additional three months if you make at least the minimum payment on your card during the introductory period, 15.99% to 27.99% variable APR thereafter. At the end of the day, this means you can avoid interest on purchases for a full 21 months if you pay your bill on time each month.

On the other hand, BankAmericard Credit Card offers 0% intro APR on purchases for 21 billing cycles made within 60 days, then a variable APR of 14.99% to 24.99%.

Introductory Offers for Balance Transfers

The Wells Fargo Reflect Card has a 0% intro APR on qualifying transferred balances for 18 months from account opening with the chance for three additional months with on-time monthly payments during the intro period— for a total of 21 months to pay down debt, followed by a variable APR of 15.99% to 27.99%. A 3% intro balance transfer fee (minimum $5) applies during the first 120 days, after which the fee goes up to 5% (minimum $5).

Meanwhile, the BankAmericard offers a 0% intro APR on balance transfers for 21 billing cycles, but only for balances transferred within 60 days of account opening, 14.99% to 24.99% variable APR thereafter. A 3% balance transfer fee (minimum $10) applies.

Rewards and Benefits Comparison

Neither of these cards offers rewards for regular spending, but this is typical among balance transfer credit cards. Instead of offering rewards, these cards offer lucrative 0% APR offers that can help you save on interest as you pay down new purchases or consolidate existing debts.

The Wells Fargo Reflect Card does come with a few notable perks, including roadside assistance and up to $600 in cell phone protection, subject to a $25 deductible. By contrast, BankAmericard doesn’t come with much more than a free credit score and no penalty APR if you pay your bill late.

APRs

The Wells Fargo Reflect Card and the BankAmericard Credit Card both charge APRs after their introductory periods end. With the Wells Fargo Reflect Card, you’ll pay a variable APR of 15.99% to 27.99%. BankAmericard charges a variable APR of 14.99% to 24.99%.

Fees

You won’t have to pay an annual fee for the Wells Fargo Reflect Card or BankAmericard, yet both cards do charge a 3% foreign transaction fee if you use them for purchases made abroad. 

Any late payments with either card could result in a fee of up to $40, and the Wells Fargo Reflect charges up to $40 for returned payments. And remember, a late payment on the Wells Fargo Reflect could forfeit your eligibility for the extended 3-month intro period.

Deciding Between Wells Fargo Reflect vs. BankAmericard Credit Card

If you are hoping to save money on interest with the longest payment flexibility, both cards are an effective option. Just remember, making on-time payments can help you avoid fees and build a positive payment history on your credit report.

There are some cases in which you may choose the BankAmericard Credit Card, though. The card offers 0% APR for the first 21 billing cycles on purchases and balance transfers made within the first 60 days of account opening, followed by a variable APR of 14.99% to 24.99%.

But before you apply for either card consider all the 0% APR options you may be eligible for. Depending on your needs, this may even include cash back credit cards that offer 0% APR on purchases, balance transfers, or both while you earn rewards for each dollar you spend. It can help to evaluate how each card’s intro period aligns with your debt or purchase balance, your timeline, and the amount you’ll be able to put toward payments each month.