How to Do a Balance Transfer With Wells Fargo

Transferring a balance with Wells Fargo is simple, whether you do it online or by phone. Wells Fargo also provides Superchecks with your card, a special check you can use to clear your balance. Typically, the entire process takes up to 14 days.

Several Wells Fargo cards offer the balance transfer option. They usually come with an introductory 0% APR period on balance transfers, which ranges from 12 to 21 months, depending on the specific card. This interest-free period presents an excellent opportunity for individuals to manage their existing debt or seek relief from high-interest rates.

Balance transfers with Wells Fargo are easy. Whether you already have a card or are applying for one, you’ll follow the same process online. If you prefer, you can also transfer your balance using Wells Fargo Superchecks.

1. Compare Wells Fargo cards to find one that aligns with your financial goals.
2. Apply for your chosen card. Upon approval, initiate a balance transfer by following the steps below.

1. Sign on to the Wells Fargo Credit Card Service Center.
2. Select “Request Balance Transfer” from the menu.
3. Enter the details of the credit card from which you're transferring the balance.

1. Your new Wells Fargo credit card will include a Supercheck. Fill it out with all the relevant details for the card you're paying off, ensuring the amount is within your credit limit.
2. Drop off or mail the check to the issuer’s office. Keep in mind that it may take up to five business days for funds to be available on the other party’s account.

MORE>> What is a balance transfer check?

Wells Fargo typically completes balance transfers within 14 days. You'll see the balance on your Wells Fargo account once the transfer is complete. Continue making payments on your old card until the transfer is confirmed to avoid late fees and penalties.

Log in to your Wells Fargo account to monitor the progress of your balance transfer. For updates, you can also call Wells Fargo customer service at 1-800-642-4720. Staying informed helps you manage payments on your old account and avoid unnecessary charges.

Before you proceed with your Wells Fargo balance transfer, it's helpful to understand the applicable terms and conditions. These details will help you smoothly navigate the process and avoid unexpected issues.

When searching for a balance transfer card, it's a good idea to consider offers with a long 0% intro APR period, low balance transfer fees and no annual fees. These features can significantly reduce the cost of transferring a balance and provide ample time to pay down debt without accruing interest.

If a long no-interest period is what you're after, the Wells Fargo Reflect card is a standout choice. It provides a 0% intro APR on balance transfers for 21 months, one of the longest in the market.

If you want a more versatile balance transfer card, the Wells Fargo Active Cash® card is an alternative. Aside from its 15-month 0% intro APR on balance transfers, it comes with unlimited 2% cash back on all purchases. This card is an excellent choice if you're less concerned about low monthly payments and more interested in earning significant cash back to help pay off your balance.

We answer some common questions about balance transfers with Wells Fargo to help you know more about the topic and clear up any remaining concerns you might have.

Transferring your balance to Wells Fargo could be a smart step toward wiping out your credit card debt. However, before you decide to transfer your balance to Wells Fargo, keep in mind the possible effects on your credit score and the fees involved.

Your financial circumstances are unique, and the suitability of a balance transfer for you depends on your ability to pay off the balance within the promo period.