2% cash rewards on eligible purchases, without category caps.
A useful flat-rate comparison when much of your spending falls outside bonus categories.
The rates we use
| Purchases | Rate | Annual cap |
|---|---|---|
| Other eligible purchases | 2% | Uncapped |
Annual fee: $0. Other fees may apply.
What qualifies?
Only eligible net purchases earn rewards; transfers, cash advances, interest, and fees are not spending inputs.
Cash redemption assumption
Cash rewards redeemed as credit to the eligible Wells Fargo card account. Credits reduce principal; regularly required payments are still due.
What this estimate leaves out
Signup offers, insurance benefits, and merchant offers are excluded. Wells Fargo rounds net purchases to whole dollars; our annual category rounding can differ.
The calculation assumes full payment and does not include interest, foreign transaction charges, or other fees. This is a rewards comparison, not a credit or borrowing-cost recommendation.
A worked example
For the illustrative Everyday mix ($2,000 per month), this model returns $480 per year. Your own categories may change that amount. The breakdown below uses the same arithmetic as the calculator.
| Category | Annual spend | Calculation | Cash back |
|---|---|---|---|
| Groceries | $7,200.00 | $7,200.00 × 2% | $144.00 |
| Dining & takeout | $3,600.00 | $3,600.00 × 2% | $72.00 |
| Gas | $1,800.00 | $1,800.00 × 2% | $36.00 |
| Online retail | $2,400.00 | $2,400.00 × 2% | $48.00 |
| Drugstores | $600.00 | $600.00 × 2% | $12.00 |
| Entertainment & streaming | $1,200.00 | $1,200.00 × 2% | $24.00 |
| Everything else | $7,200.00 | $7,200.00 × 2% | $144.00 |
| After $0 annual fee | $480.00 | ||
Check the source
These are source-reviewed facts, not a live offer feed. Confirm current terms and your exact card variant directly with the issuer.