Wells Fargo has filed a trademark for a new credit card called the “Wells Fargo Autograph Journey Visa Card” which will be launching soon. The card will offer a sign-up bonus of 60,000 points after spending $4,000 within the first three months. It will also earn 3X points in several bonus categories and come with some nice travel protections and Visa Signature benefits.
Below are the all Details of this Card.-
Key Features of the Wells Fargo Autograph Journey Card
The Autograph Journey Card has a $95 annual fee but offers a strong mix of rewards and benefits that make it attractive to frequent travelers.
Here are some of the highlights:
Earning Rates
- 3X points on entertainment, dining, gas stations, phone plans, transport, and travel
- 1X points on all other purchases
Sign-Up Bonus
- 60,000 points after spending $4,000 within 3 months from account opening
Benefits
- Cell phone protection
- Auto rental collision damage waiver
- Lost luggage reimbursement
- Trip cancellation/interruption insurance
- $1 million travel accident insurance
- Visa Signature luxury hotel collection & concierge
Redeeming points for cash back or travel will provide the best value from this card. The 60K point bonus is worth around $600 if redeemed for cash.
How do I earn points on the Wells Fargo Autograph Journey?
The Wells Fargo Autograph Journey offers 3X points in several common spending categories:
- Entertainment
- Dining
- Gas Stations
- Phone Plans
- Transport
- Travel
All other purchases earn 1X points per dollar.
Let’s explore how an average household might be able to use this card to get maximum rewards.
The 3X bonus categories with the Autograph Journey are broad and offer strong earning potential across everyday spending. Based on average household expenditure data, you could estimate potential earnings in each category:
Dining
- Average household annual dining spend: $3,526
- With the 3X earning rate that would equal 10,578 points
- Worth around $105 in cash redemptions
Gas
- Average household annual gas spend: $2,394
- At 3X earnings would mean 7,182 points
- Around $72 cash redemption value
Travel
- Average household annual travel spend: $2,504
- 3X earnings would mean 7,512 points
- Around $75 in cash redemptions
Phone/Internet Bills
- Average household phone/internet annual bills: $2,208
- 3X earnings, 6,624 points
- Approximately $66 redemption value
Entertainment
- Average household entertainment spend: $3,226
- A 3X earning rate would give 9,678 points
- About $97 in cash redemptions
Total Potential First-Year Earnings
- 41,574 points
- Over $400 in cash redemption value
Based on these spending averages in the bonus categories, you could estimate earning 40,000+ points per year with this card or redeeming over $400 in cash-back rewards.
This does not include any additional points you may earn on everyday spending or in other categories.
How do I redeem reward points?
The Wells Fargo Rewards program offers card members a variety of redemption options. Here is an overview of the different ways to redeem points and the redemption increments:
Redemption Method
Details
Point Increments
Cash Deposits
Deposit cash into eligible Wells Fargo checking or savings accounts or as a credit to Wells Fargo loans/lines of credit
2,500 points
Cash Withdrawals
Withdraw cash from Wells Fargo ATMs
2,000 points
Gift Cards
Choose from top brands in retail, dining, entertainment, and more
2,500 points
Merchandise
Shop popular electronics, home goods, and apparel brands in the rewards store
2,500 points
Charitable Donations
Donate points to select charities
2,500 points
Pay with Rewards
Use points for purchases at participating merchants
Varies
Travel Reservations
Book flights, hotels, car rentals, cruises and vacation packages
2,500 points
A few things to note about redemptions:
- Each 2,500 points is worth around $25 in cash redemption value
- 60,000 point sign-up bonus equals ~$600 cash back
- No blackout dates or restrictions on travel redemptionsBenefits and Protections
As well as providing the potential for rewards earning, the Wells Fargo Autograph Journey also offers some nice travel protections and Visa Signature benefits in addition to collecting rewards:
Travel and Purchase Protections
- Lost luggage reimbursement up to $3,000 per trip
- Trip cancellation/interruption coverage up to $15,000 per trip
- Cell phone protection up to $1,000 per claim (max 2 claims per year)
- Auto rental collision damage waiver
Additional Benefits
- $1 million travel accident insurance
- Visa Signature Luxury Hotel Collection
- Visa Signature concierge services
Here is a table summarizing the key benefits of the Wells Fargo Autograph Journey Visa Card:
Wells Fargo Autograph Journey Benefits
| Benefit | Details |
|---|---|
| Sign-Up Bonus | 60,000 points after $4,000 spent in 3 months |
| Earning Rates | 3X points on entertainment, dining, gas, phone plans, transport, and travel 1X points on all other purchases |
| Annual Fee | $95 |
| Cell Phone Protection | Up to $1,000 per claim, 2 claims per 12 months |
| Auto Rental Collision Damage Waiver | Coverage during eligible rentals up to 15 days in US, 31 days abroad |
| Lost Luggage Reimbursement | Up to $3,000 per trip if bags are lost or stolen |
| Trip Cancellation/Interruption | Up to $15,000 per covered traveler per trip, $20,000 per year |
| Travel Accident Insurance | $1 million coverage |
| Visa Signature Benefits | Luxury Hotel Collection, Concierge Service |
The Verdict on the New Card
The Wells Fargo Autograph Journey Visa Card will be a compelling option thanks to its valuable rewards structure, good sign-up bonus, useful benefits, and potentially lucrative redemption options.
While more details are still to come on features like transfer partners, it already stacks up well against competitors in the premium travel credit card space. The 60,000 point bonus alone could be worth $600 or more depending on your redemption strategy.
Overall this card looks to offer a strong mix of earnings and perks that should appeal to frequent travelers and those looking to maximize category spending. We’ll update you with more specifics on the launch date and application process as soon as Wells Fargo releases further details.
