Wells Fargo Reflect vs. Discover it Cash Back Credit Card Comparison

Q: Are there any annual fees for either the Wells Fargo Reflect or the Discover it Cash Back?

Both are among the best cards with no annual fee .

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The Wells Fargo Reflect card and the Discover it Cash Back card both offer compelling introductory APR periods, making them strong contenders for anyone looking to manage existing credit card debt or finance new purchases without immediate interest. However, if you're leaning towards maximizing savings on interest, the Wells Fargo Reflect edges out with its longer 21-month 0% intro APR offer on both purchases and balance transfers.

On the other hand, the Discover it Cash Back offers 5% cash back on rotating categories and a unique first-year cash back match. While the Wells Fargo Reflect may not offer rewards, its longer intro APR period and added benefits like cell phone protection make it helpful for those prioritizing debt management over rewards.

Wells Fargo Reflect® Card

Discover it® Cash Back Card

MoneyGeek Rating

5/ of 5

Rates & Fees

MoneyGeek Rating

3.8/ of 5

Rates & Fees

REVIEW & APPLY

On Issuer's Site

REVIEW & APPLY

On Issuer's Site

Regular APR
17.49%, 23.99%, or 29.24% variable
18.49% - 27.49%variable
0% APR Offer
0% for 21 months on purchases
0% for 15 months on purchases
Intro Offer
No current offer
Matches cash back at the end of your first year
Rewards Summary
-
Earn 1%–5% cash back
Balance Transfer Offer
0% for 21 months on balance transfers
0% for 15 months on balance transfers
Balance Transfer Fee
5% for each balance transfer, minimum $5
3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)
Annual Fee
$0
$0
Recommended Credit
670-850 (Good to Excellent)
670–850 (good to excellent)
Penalty APR
-
None
Not sure?
The Wells Fargo Reflect is the superior choice for those prioritizing a lengthy 0% intro APR period on purchases and balance transfers, ideal for managing debt. In contrast, the Discover it cash back is better suited for individuals seeking to maximize cash back rewards, especially with its first-year cash back match.
While both cards have no annual fee, the Wells Fargo Reflect lacks rewards, and the Discover it Cash Back has a shorter intro APR period but offers 5% cash back in rotating categories. Choose Wells Fargo Reflect for debt management or Discover it Cash Back for rewards maximization.

Which Card Is Better for You?

You might prefer the Wells Fargo Reflect if you're planning significant purchases or want to manage existing debt with a generous 0% intro APR period. Its 21-month interest-free window on purchases and balance transfers saves on interest charges, making it a strong choice for financial flexibility without the distraction of rewards. Additionally, the cell phone protection is a valuable perk.

You might prefer the Discover it Cash Back if you enjoy maximizing cash back rewards on everyday spending. With its 5% cash back on rotating categories and an unmatched first-year cash back match, this card is tailored for those who actively manage their credit card usage to optimize rewards. The introductory 0% APR for 15 months on purchases and balance transfers is also beneficial for those who may have some upcoming expenses or small balances to transfer.

Head-to-Head Comparison: Card Details and Features

Evaluating APRs, fees, credit requirements, rewards and other features will show which card aligns with your financial needs. For instance, if you plan to carry a balance, Well Fargo Reflect's longer 0% APR period may appeal to you, whereas Discover it Cash Back could be more attractive for maximizing rewards on everyday spending. Use this section to identify which card offers the benefits that matter most to you.

Regular APR: Discover it Cash Back

Both cards have the same lowest starting APR of 18.24% but Discover it Cash Back is slightly better as it has a lower highest APR of 28.24% versus 29.99% for Wells Fargo Reflect.

Annual Fee: Tie

Both the Discover it Cash Back and Wells Fargo Reflect cards have no annual fee, making them equally appealing for users looking to save on costs.

Introductory 0% APRs: Wells Fargo Reflect

The Wells Fargo Reflect outperforms with a longer 0% APR period of 21 months for both purchases and balance transfers, compared to the Discover it Cash Back's 15 months.

Rewards: Discover it Cash Back

The Discover it Cash Back card has rewards, offering 5% cash back on up to $1,500 in combined quarterly purchases in various categories, then 1%; 1% cash back on all other purchases. Rewards do not expire and can be redeemed in multiple ways. The Wells Fargo Reflect card does not offer rewards.

Welcome Offers: Discover it Cash Back

The Discover it Cash Back card is better for welcome offers, featuring a unique match of all cash back earned at the end of the first year, a benefit not offered by the Wells Fargo Reflect card.

Recommended Credit Score: Tie

Both the Discover it Cash Back and Wells Fargo Reflect cards cater to individuals with credit scores ranging from 670 to 850 (good to excellent).

Penalties and Fees: Discover it Cash Back

The Discover it Cash Back has no fee for the first late payment and no foreign transaction fees, compared to the Wells Fargo Reflect Card's up to $40 late fee and 3% foreign transaction fee.

Issuer Satisfaction: Discover it Cash Back

Discover leads in issuer satisfaction with a rating of 4.5, compared to Wells Fargo's 4. This suggests higher customer satisfaction with Discover's service and support.

Other Features & Perks: Tie

The Wells Fargo Reflect provides up to $600 in cell phone protection and access to personalized deals through My Wells Fargo Deals. The Discover it Cash Back offers free access to your FICO score.

Methodology

MoneyGeek examines and rates credit cards like the Wells Fargo Reflect and Discover it Cash Back using a tailored scoring system. For these cards, the balance transfer score is the most relevant, reflecting their strongest use case.

The two largest factors in this score are the balance transfer offer's attractiveness and the cost of carrying a balance, as indicated by the regular APR. These elements, along with other considerations such as issuer satisfaction and penalties, form a comprehensive assessment.

FAQ: Wells Fargo Reflect vs. Discover it Cash Back

What are the main differences in rewards between the Wells Fargo Reflect and the Discover it Cash Back?

The Wells Fargo Reflect card does not offer rewards, while the Discover it Cash Back offers 5% back on rotating categories and a cash back match.

Which card offers a longer 0% intro APR period?

The Wells Fargo Reflect Card offers a longer and better 0% intro APR period of 21 months.

Are there any annual fees for either the Wells Fargo Reflect or the Discover it Cash Back?

Both are among the best cards with no annual fee.

Does the Discover it Cash Back offer any unique introductory offers?

Yes, it offers a unique first-year cash back match for new cardholders.

What are the balance transfer fees for each card?

The Wells Fargo Reflect has a 5% fee, while the Discover it Cash Back has a 3% intro fee, then up to 5%.

About Doug Milnes, CFA

Doug Milnes is a CFA charter holder with over 10 years of experience in corporate finance and the Head of Credit Cards at MoneyGeek. Formerly, he performed valuations for Duff and Phelps and financial planning and analysis for various companies. His analysis has been cited by U.S. News and World Report, The Hill, the Los Angeles Times, The New York Times and many other outlets.

Milnes holds a master’s degree in data science from Northwestern University. He geeks out on helping people feel on top of their credit card use, from managing debt to optimizing rewards.

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*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
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Wells Fargo Reflect® Card vs. Discover it® Cash Back Card