Wells Fargo Choice Privileges Select Mastercard: Piles of Points for a $95 Annual Fee. The Wells Fargo Choice Privileges Select Mastercard is designed for those who frequently stay at Choice Hotels or wish to accumulate Choice Privileges points for hotel stays. Here are some key features of this card, based on information available as of my last update in April 2023:
Wells Fargo Choice Privileges Select Mastercard
- Annual Fee: The card has a $95 annual fee.
- Sign-Up Bonus: It often offers a substantial sign-up bonus in Choice Privileges points, which can be a significant draw for new cardholders.
- Earning Points: The card typically earns a high rate of points on spending at Choice Hotels. It may also offer points on everyday purchases, though at a lower rate.
- Redemption Options: Points can be redeemed for free nights at Choice Hotels, which include brands like Comfort Inn, Quality Inn, Clarion, Econo Lodge, and others. There might also be options to redeem points for gift cards, experiences, or other rewards.
- Additional Benefits: The card might offer additional benefits like automatic elite status in the Choice Privileges program, which can include perks like late checkout, bonus points, and room upgrades.
- Foreign Transaction Fees: Many travel cards, including this one, often waive foreign transaction fees, making them a good choice for international travel.
- Interest Rates and Credit Requirements: As with most credit cards, interest rates and credit approval are based on the applicant’s creditworthiness.
Remember, the specific details, benefits, and terms of the card can change over time, so it’s always a good idea to review the most current information before applying. If you’re considering this card, think about how often you stay at Choice Hotels and whether you’ll earn enough points to offset the annual fee.
Wells Fargo Choice Privileges Select Mastercard FAQs
Certainly! Here are some frequently asked questions (FAQs) about the Wells Fargo Choice Privileges Select Mastercard, based on the information available as of my last update in April 2023:
1. What is the Annual Fee?
The card has a $95 annual fee.
2. What is the Sign-Up Bonus?
The card typically offers a significant sign-up bonus in Choice Privileges points, though the exact amount can vary.
3. How Do I Earn Points?
- You earn a high rate of points for spending at Choice Hotels.
- You may also earn points on other purchases, but at a lower rate.
4. What Can I Redeem Points For?
Points can be redeemed for free nights at Choice Hotels, and possibly for other rewards like gift cards or experiences.
5. What Are the Card’s Additional Benefits?
- Automatic elite status in the Choice Privileges program.
- Benefits like late checkout, bonus points, and potential room upgrades.
6. Is There a Foreign Transaction Fee?
The card may waive foreign transaction fees, which is beneficial for international travelers.
7. What Are the Interest Rates and Credit Requirements?
- Interest rates vary and are based on your creditworthiness.
- Credit approval depends on your credit history and score.
8. How Does This Card Compare to Other Hotel Cards?
- It’s tailored for those who frequently stay at Choice Hotels.
- Compare with other hotel cards based on earning rates, benefits, and fees.
9. Can Points Expire?
- Points might expire if there’s no account activity for a certain period (typically 18 months).
10. Is There a Cap on Points Earned?
- Usually, there’s no cap on the total points you can earn.
11. Can I Transfer Points to Other Loyalty Programs?
- This depends on the specific terms of the Choice Privileges program.
12. What Is the Customer Service Like?
- Expect standard Wells Fargo credit card customer service.
13. Is This Card Good for Everyday Spending?
- It’s most beneficial for spending at Choice Hotels; for everyday spending, the value depends on how you value the points earned.
14. How Do I Apply for the Card?
- You can apply online through Wells Fargo or through promotional materials received.
15. Is There a Mobile App to Manage My Account?
- Yes, Wells Fargo provides a mobile app for account management.
It’s important to verify the latest details and consider how the card aligns with your spending habits and travel goals before applying.