Wells Fargo & Aggregation on Friday (Oct. 1) appear the rollout of the Wells Fargo Reflect Card, a no-annual-fee agenda that gives holders rewards for authoritative on-time payments.
Reflect is Wells Fargo’s added agenda in a apartment of customer acclaim cards, afterward the Active Cash that debuted in July.
“Following the acknowledged barrage of our Active Cash Card, we abide to breach focused on introducing cards that action ‘industry-first,’ different amount propositions that clothing barter at all stages of their banking lives, including barter who tend to backpack a balance,” said Krista Phillips, arch of branded cards and business for Wells Fargo Acclaim Cards, in the aggregation announcement.
“Our new Reflect Agenda rewards cardholders for acceptable banking habits, extending the anterior APR for up to three added months back payments are fabricated on time, a acute differentiator we accept consumers deserve,” she said.
Reflect barter can extend the 18-month anterior 0% APR on purchases and condoning antithesis transfers by up to three months with on-time minimum payments during the anterior and addendum periods.
“These abide to be ambiguous times for consumers, so we appetite to accommodate simple, reliable accoutrement to advice them booty ascendancy of their finances,” said Phillips.
“Our barter apperceive what works and what doesn’t assignment for them, and we’re admiring to action a way to get a breach from absorption so they can plan for the approaching or pay off accomplished costs with a low, accustomed APR alike afterwards the anterior aeon ends,” she said.
Wells Fargo will cycle out a new rewards band of acclaim cards soon. Those cards will be accustomed anywhere Visa Acclaim is accepted.
Related: Wells Fargo to Use Google, Microsoft Azure Billow Services to Support New Agenda Strategy
In September, Wells Fargo debuted a new agenda basement action that includes a multicloud adjustment with third-party abstracts centers, application Microsoft Azure and Google Billow as billow providers.
Azure will empower Wells Fargo’s conception of new solutions to assignment with any coffer functions and accommodate a able foundation for business workloads, while Google Billow will accommodate avant-garde workloads and bogus intelligence (AI) and abstracts solutions for added speed.
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