Nearly 2 Years Interest-Free — Here’s How

I’m a huge believer in 0% intro APR balance transfer cards.

A good friend of mine once used one to crush about $30,000 in credit card debt. In less than two years, thanks to a long 0% APR period, he became debt free and saved about $8,700 in interest. It completely changed his financial future.

And that’s the kind of opportunity you could have with the Wells Fargo Reflect® Card (see rates and fees) right now.

Here are all the deets.

0% intro APR for 21 months from account opening

The Wells Fargo Reflect® Card is built for one main purpose: to give people breathing room.

Right now you can get a 0% intro APR for up to 21 months from account opening on both balance transfers and new purchases.

For balance transfers, you’ll need to make the transfer within 120 days after account opening. And beware there’s a balance transfer fee of 5%, min: $5. I’ll explain below how this can totally be worth it by saving on interest.

Savings on a $10,000 balance transfer

Here’s an example of how powerful balance transfer cards are.

Let’s say right now you’re carrying a $10,000 credit card balance which charges 27% APR. (That’s about $224 per month going to interest alone, without even making a dent in the actual balance!)

You decide to apply for the Wells Fargo Reflect® Card, and transfer the full $10,000 balance to the new card after approval. A $500 balance transfer fee (5% of the amount) will be added to your total balance.

After that, you’ll have up to 21 months from account opening of 0% intro APR on your transferred balance. This means during that window, every single dollar you pay goes directly to the principal, helping you wipe out your debt faster.

If you spread your balance (and transfer fee) evenly across the intro period, it works out to around $500 per month. Sticking to this payment schedule, you’ll save about $2,934 in interest compared to leaving the balance on your original card.

That’s $2,934 kept in your pocket. Game changer, right!?

Ready to hit “pause” on your interest charges? Apply for the Wells Fargo Reflect® Card today.

Other cool features

The Wells Fargo Reflect® Card isn’t just about balance transfers — it’s got a few extra perks you’ll like.

0% intro APR on new purchases: New purchases also qualify for the 0% intro APR. So while you’re paying down old debt, you won’t rack up new interest charges.
Cellphone protection: Pay your monthly phone bill with the card and get up to $600 in protection against theft or damage (with a $25 deductible).
$0 annual fee: You can keep this card open for years and not pay annual fees.