How Much Are Wells Fargo Rewards Points Worth?

How much Wells Fargo Rewards points are worth depends on your credit card and your chosen redemption method. For example, if you have the Wells Fargo Visa Signature Card, which is no longer available for new customers, you get 50% more value when redeeming your airfare points.

In most cases, Well Fargo credit card holders may expect to get one cent per point. You will often get better value when you use your points for travel than you would if you redeem them as cash back.

• How Much Are Wells Fargo Rewards Points Worth?
• Wells Fargo Rewards Points vs. Other Credit Cards
• How to Earn and Maximize Points From Wells Fargo
• How to Redeem Wells Fargo Rewards Points

Some of the links on this page will take you to one of our partner's sites, where you can compare and apply for a selected credit card.

The value of Wells Fargo Rewards points varies based on how you redeem them. You can expect the best value when you redeem points for airline tickets. However, looking at the corresponding Wells Fargo Rewards redemption chart, you'll notice that the average value of points remains largely the same across most methods.

The Wells Fargo Rewards program performs reasonably well when compared with rewards programs run by other credit card issuers, especially for people with particular cards like the Wells Fargo Visa Signature Card and the Bilt Mastercard. In general, redeeming your points for travel gets you the best value.

Remember that your redemption method may affect the value you receive for your Wells Fargo points, as with most other popular credit card rewards programs.

When you redeem your Well Fargo points for cash back, you get a value of one cent per point. This is pretty much as good as it gets when compared to other credit card rewards programs.

If you’re wondering how to redeem Wells Fargo Rewards points for cash back, you can begin by logging in to your Wells Fargo account. Then, you can redeem your points as a statement credit or credit to an eligible Wells Fargo checking or mortgage account. Remember that these redemptions take place only in increments of $25. You can also redeem your points as cash from ATMs. In this case, redemptions must be in increments of $20.

When redeemed for gift cards, one Wells Fargo Rewards point's value stands at one cent. This is on par with or better than what you could expect through other credit card rewards programs. Some merchants who've previously offered gift cards through the Wells Fargo Rewards program include Apple, Amazon, Airbnb, Banana Republic, Old Navy, Domino's, Home Depot and Hulu.

If you wish to use Wells Fargo Rewards points for gift cards, you need to log in to your Wells Fargo account. Under the rewards section, look for the gift cards on offer. Select the ones you want and pay for them using points.

The Wells Fargo credit card you have affects the value you receive for your points when redeeming them for travel. For example, you may get a value of over 1.1 cents per point through the Wells Fargo Autograph Card. If you have the Wells Fargo Visa Signature Credit Card, you get 50% more value if you redeem your points for flight tickets. Bilt Mastercard holders may expect a value of 1.25 cents per point through the Bilt Travel portal.

Compared with other credit card rewards programs, this is roughly equivalent.

If you wish to redeem Wells Fargo Rewards points for travel, you can start by logging in to your Wells Fargo account and heading to the rewards section. You can use your points to book airline tickets, car rentals or hotel stays.

You get to transfer Wells Fargo Rewards points, but only if you have the Bilt Mastercard. In this case, you may expect a value of one to two cents per point and even more in some instances. Wells Fargo does not allow its other cardholders to transfer points to airline or hotel loyalty programs.

If you have the Bilt Mastercard, you may transfer your points to its transfer partners by logging in to the Bilt Rewards platform. Then, you may transfer your points to partners like American Airlines AAdvantage, Air Canada Aeroplan, Hawaiian Airlines HawaiianMiles, Virgin Atlantic Flying Club, World of Hyatt or IHG One Rewards. All transfers take place at a 1:1 ratio.

When you use your Wells Fargo points for shopping, you may expect to get a value of one cent per point. However, you might get better value through certain merchants and promotional offers. This is on par with, if not better than, the value you may expect from your points/miles through other credit card rewards programs.

You get two ways to use your Wells Fargo Rewards points for shopping. One is by logging into your Wells Fargo account and shopping for merchandise through partner merchants. The other is by using the Pay with Rewards (PWR) feature, which allows you to use your points for making purchases directly with partner merchants.

One simple way to earn a significant number of Wells Fargo Rewards points is by getting a credit card with a spend-based welcome bonus. For example, the Wells Fargo Autograph Card gives you 20,000 bonus points if you spend $1,000 on purchases within the first three months.

Getting additional cards for authorized users allows you to accumulate points faster. However, you will remain liable for all purchases your card's authorized users make. Earning bonus points through the Wells Fargo Earn More Mall is also possible.

Bear in mind that while the Hotels.com Rewards Visa Credit Card is also a rewards card, you cannot use its stamps at the Earn More Mall. In addition, you may redeem the points you earn through the Bilt Mastercard only through the Bilt app.

One of the many Wells Fargo Rewards benefits is that you may earn more points by shopping with partner merchants that are part of the Earn More Mall. Using this platform to make online purchases allows you to earn bonus points on products across various categories.

You may also earn bonus points by making online, in-store and over-the-phone purchases through merchants featured on the Earn More Mall. The points you earn may vary from one merchant to the next. In some cases, you might need to activate offers before you can use them.

Wells Fargo doesn’t sell rewards points. You can only earn rewards points by using a Wells Fargo credit card.

The Wells Fargo Rewards program allows credit card holders to capitalize on their spending. While some of the cards that offer points are no longer available for new customers, you still have a few options from which to choose. Depending on the card you select, you might be able to earn bonus points through category-based spending. The fact that you get multiple ways to redeem your Wells Fargo points for rewards is a definite plus.

The Wells Fargo Active Cash Card keeps rewards earning simple by offering flat 2% cash rewards on all purchases. The Bilt Mastercard, on the other hand, lets you earn rewards points on rent payments. It also enables you to transfer your points to various airline and hotel transfer partners. Unfortunately, this feature is missing from other Wells Fargo rewards credit cards.

Overall, the Wells Fargo Rewards program provides decent value compared with other credit card rewards programs.

MoneyGeek experts have taken a close look at how the value of Wells Fargo Rewards points changes based on different redemption methods. They have also carried out in-depth market research to determine the worth of your points, including for travel purchases or through point transfer partners (for the Bilt Mastercard).

We’ve answered common questions about the Wells Fargo membership program and how the value of your points may change based on different redemption methods to help you better understand how to use your points.