Fidelity Rewards Visa Signature Card vs Wells Fargo Active Cash Card
Both cards cost $0/yr. The Fidelity Rewards Visa Signature Card leads on everyday spending; the Wells Fargo Active Cash Card on everyday spending.
Card data as of November 13, 2026.
Fidelity Rewards Visa Signature CardElan Financial · No annual fee
Wells Fargo Active Cash CardWells Fargo · No annual fee
Overview
- Annual fee
- Fidelity Rewards Visa Signature Card$0Wells Fargo Active Cash Card$0
- Welcome offerCurrent public offer
- Fidelity Rewards Visa Signature Card—Wells Fargo Active Cash Card$100 cash back
- Rewards
- Fidelity Rewards Visa Signature CardCash backWells Fargo Active Cash CardCash back
- Foreign transaction fee
- Fidelity Rewards Visa Signature CardNoneLowestWells Fargo Active Cash Card3%
- Network
- Fidelity Rewards Visa Signature CardVisa SignatureWells Fargo Active Cash CardVisa Signature
Earn ratesPer $1 spent
- Everything else
- Fidelity Rewards Visa Signature Card2%Wells Fargo Active Cash Card2%
Statement creditsAs the issuer states them · — means none on record
- Travel
- Fidelity Rewards Visa Signature Card
- Up to $100 back for Global Entry or TSA PreCheck · $100 every 4 years
Wells Fargo Active Cash Card—
Perks & access— means none on record
- Hotel status & programs
- Fidelity Rewards Visa Signature Card
- 900+ luxury hotel properties with exclusive perks
Wells Fargo Active Cash Card- Breakfast for 2, upgrades and VIP status at luxury hotels
- Other perks
- Fidelity Rewards Visa Signature Card
- 24/7 Visa Signature Concierge service
- OpenTable dining access after card verification
Wells Fargo Active Cash Card- 24/7 Visa Signature Concierge service
- Extra cash back at select merchants with personalized deals
Protections & insuranceLimits where published · — means none on record
- Trip insurance
- Fidelity Rewards Visa Signature Card
- Travel Accident Insurance · up to $250,000
Wells Fargo Active Cash Card— - Baggage
- Fidelity Rewards Visa Signature Card
- Up to $3,000 lost luggage coverage per trip
Wells Fargo Active Cash Card— - Rental car
- Fidelity Rewards Visa Signature Card
- Auto rental collision damage waiver · up to $75,000
Wells Fargo Active Cash Card- Up to $50,000 rental car coverage when you decline the count
- Purchase & returns
- Fidelity Rewards Visa Signature Card
- $500 per claim on theft or damage
Wells Fargo Active Cash Card— - Cell phone
- Fidelity Rewards Visa Signature Card—Wells Fargo Active Cash Card
- Up to $600 coverage for damaged or stolen phones
- Other protections
- Fidelity Rewards Visa Signature Card
- 24/7 worldwide travel and emergency assistance
- 24/7 roadside dispatch assistance (pay-per-use)
Wells Fargo Active Cash Card- 24/7 worldwide travel and emergency assistance
- Get emergency cash and card replacement worldwide
- Check your FICO score anytime for free
- 24/7 roadside help with free towing up to 5 miles
Pros & cons
- Pros
- Fidelity Rewards Visa Signature Card
- True 2% unlimited cash back on all purchases with no annual fee
- Rewards auto-deposit into Fidelity brokerage, IRA, 529, or cash management accounts
- No minimum redemption threshold (rewards deposit automatically)
- No foreign transaction fee (removed September 1, 2023)
- Visa Signature benefits in the issuer's Guide to Benefits: purchase security, lost luggage reimbursement, auto rental collision damage waiver, travel accident insurance, concierge
Wells Fargo Active Cash Card- Unlimited 2% cash back on every purchase with no category limits
- No annual fee
- $100 welcome bonus after just $500 spend in 3 months
- 0% intro APR for 12 months on purchases and balance transfers
- Cell phone protection up to $600 per claim when paying bill with card
- Cons
- Fidelity Rewards Visa Signature Card
- The 2% cash back value applies only when points are deposited into an eligible Fidelity account
- Not flexible if you ever want to leave Fidelity
- No premium travel benefits or lounge access
- Issued by Elan Financial Services, not Fidelity directly (customer service may vary)
- No welcome bonus is listed on the issuer's page
Wells Fargo Active Cash Card- 3% foreign transaction fee makes it poor for international use
- No bonus categories - heavy dining/travel spenders earn less than category cards
- Points have no transfer partners (cash back only)
- Requires good to excellent credit
- Penalty APR of 29.99% for late payments
Year One vs Ongoing Value
Modeled net value (bonus categories at unconditional rates, caps applied). Spend mix: dining 15%, groceries 15%, gas 10%, travel 10%, everything else 50%. Statement credits use the same recurring usable estimates as each card's detail page; first-year-only credits count in year one only. Welcome offers valued at each card's program rate shown on this page.
Both scenarios favor the Wells Fargo Active Cash Card on net value (rewards, usable credits, fees, and welcome offer).
| Scenario | Fidelity Rewards Visa Signature Card | Wells Fargo Active Cash Card | Ongoing winner | Year-one winner |
|---|---|---|---|---|
| Light spender: $1,000/month | Rewards: $240 Credits (our usable estimate): $0 − Annual fee ($0) Ongoing: $240 Year one: $240 | Rewards: $348 Credits (our usable estimate): $0 − Annual fee ($0) Ongoing: $348 Year one: $448 | Wells Fargo Active Cash Card | Wells Fargo Active Cash Card |
| Heavy spender: $4,000/month | Rewards: $960 Credits (our usable estimate): $0 − Annual fee ($0) Ongoing: $960 Year one: $960 | Rewards: $1,392 Credits (our usable estimate): $0 − Annual fee ($0) Ongoing: $1,392 Year one: $1,492 | Wells Fargo Active Cash Card | Wells Fargo Active Cash Card |
The Bottom Line
Both scenarios favor the Wells Fargo Active Cash Card on net value (rewards, usable credits, fees, and welcome offer).
Frequently Asked Questions
- Which card earns more rewards, the Fidelity Rewards Visa Signature Card or Wells Fargo Active Cash Card?
- Both cards earn 2X on everyday purchases. The difference is in bonus categories — check the earn rate comparison above for a full breakdown.
- What benefits does the Fidelity Rewards Visa Signature Card have that the Wells Fargo Active Cash Card doesn't?
- The Fidelity Rewards Visa Signature Card focuses on earn rates, while the Wells Fargo Active Cash Card offers cell phone protection.
- Should I get the Fidelity Rewards Visa Signature Card or the Wells Fargo Active Cash Card?
- Both cards have the same $0/yr fee. Choose based on which bonus categories match your spending — check the earn rate comparison above.
Editorial disclosure: CardRewards.ai is an independent comparison service. Card data comes from issuers' published terms; catalog last published November 13, 2026, and each card page shows when its terms were last checked. Card issuers do not influence our rankings or content.