With regard to your travel partner for life, you have Wells Fargo Choice Privileges Select Mastercard. Forget the fact that it ensures the capacity for purchasing – this credit card is your key to a world of comfort, splendor, and bonuses. For the avid traveler or the occasional/business traveler, this is the perfect card to sport.
Being a perfect match to the rewards program, the Choice Privileges Select Mastercard is aimed at improving your travels while offering you security and a full range of benefits. Now let me explain why this card is so unique in the abundance of travel credit cards out there.
Main features of the Wells Fargo Choice Privileges Select
Having the backing of Wells Fargo which is regarded as one of the world’s best banking institutions the Choice Privileges Select Mastercard targets customers interested in getting a great value-added travel card.
Directed at those who often use Choice Hotels or aim at achieving the greatest amount of travelling points, this card provides a number of useful options. This is based on earnings points on the common purchases to earning membership status in the Choice Privileges program.
Understanding the annual fee
Key especially regarding the fee applicable for the Choice Privileges Select Mastercard is comprehending the annual fee pricing plan of the card. Again, the card attracts an annual fee of $95, which makes it to be in the middle in terms of charging as it offers so many benefits.
Deciphering credit limits
Credit limits on these cards are not standardized but depend on the cardholder’s credit worthiness when applying for the card together with their spending behavior. The first step involves credit check, income evaluation, and a general financial check on the credit holder.
Wells Fargo then applies this information to underwrite your credit worthiness including credit score, balance and payment CIBIL history. This also helps to keep the credit limit that one has been provided for, reasonable and all to do with the credit responsibility.
Advantages of the Wells Fargo Choice Privileges Select
- Generous Rewards Program: Enjoy 10 points for each dollar spent on Choice Hotels’ stays, so it is rather simple to accumulate points for free.
- Bonus Points on Everyday Purchases: Earn 5 times points on all your common spending categories which are gasoline/service stations, supermarkets & supercenters, home improvement/winterization/decorating stores, and phone plans/services.
- Anniversary Bonus: You also get extra 30,000 bonus points on your account anniversary to give even more utility to your membership.
Standout advantage
Without doubt, one of the more attractive attributes of the Choice Privileges Select Mastercard is the fact thatholders are granted Platinum Elite status by default. Membership in the Choice Privileges program also provides entry into a host of special privileges that can greatly improve your travels.
Addressing potential drawbacks
- Annual Fee: It is even more expensive today at $95 for the annual fee which might not be very appealing if you are not a business traveler.
- Limited Redemption Options: For this card, you get most of your points towards hotels, meaning that it is not a great choice if you’re one who is flexible with where you would like to stay.
- High Spending Threshold for Sign-Up Bonus: Some users may find it difficult to meet the 3,000 dollars spending in the first three months so as to earn the 90,000-point sign-up bonus.
Standout disadvantage
The main disadvantage of the Choice Privileges Select Mastercard is that customers cannot use rewards in the way they would like. The card shines at rewarding points for hotel stays, although the freedom to redeem those points lessens when you venture outside the Choice selection.
Eligibility criteria
To begin with, you must have a credit rating that is good and above in most instance over 670. This makes sure that you have good credit status on the particular account and will be able to handle the probable account efficiently. Also, applicants who are willing to apply should be residents of the U. S, and they should be above 18 years of age.
As any credit company, Wells Fargo will also require to see the proofs of income to evaluate your repayment capacity for issued credits. If you have applied for and/or been approved for a Choice Privileges Mastercard in the last 15 months, you will not be qualified for a sign-up bonus with this card.
How to apply for the Wells Fargo Choice Privileges Select
If you are ready to jump into the bandwagon and apply for the Wells Fargo Choice Privileges Select Mastercard, then go ahead. The steps are easy to follow and the developers have made a point to make the process as easy as possible for the users.
Via website
The easiest way that one could apply for the Choice Privileges Select Mastercard is through the internet. Wells Fargo credit card is really transparent: just search for it on the Internet and you will openly receive all the data concerning this card. It is very easy to enrol online and even the application process is very fast and normally does not take more than five minutes.
When applying for a conventional student loan, you are asked to fill out an application form; basic information like name, address, social security number, income, employment will be needed. After applying on the portal, you shall be served a decision on the acknowledgement in less than 5 to 10 minutes in most instances.
Through the mobile application
For those who do not want constantly to visit the website, it is possible to applying for the Choice Privileges Select Mastercard through the Wells Fargo mobile application. Completing the application process is particularly easy, thanks to the uncomplicated interface and an opportunity to monitor the status of your application in real time.
Also, it has a structured background for administering the new card once it has been given the nod by your issuer. This means you will be able to view your balance , transactions, make payment, and even redeem rewards right from your cell phone. Thus, the Wells Fargo app is preferred by those people who prefer to use credit cards but have no time to track their accounts online at the moments’ notice.
Through the store/branch
If you rather do it in person, you can get the Mastercard Choice Privileges Select by filling in the form at your Wells Fargo branch. Here, it’s possible to meet a banking specialist who could explain all the details of the application process and possible questions patiently.
In-branch application also presents you with another chance to tell the bankers other products and services within the bank, which might suit your needs. Also, you will be glad to seek services of a qualified expert who will attend to your application and make sure you complete the process appropriately.