Wells Fargo Go Far Rewards Program Review: Earn More on Credit Card Spending

As a savvy consumer, you don't want to leave money on the table.

You're going to use your rewards credit card anyway. Why not get a little more out of it?

That's what the free Wells Fargo Go Far Rewards program can do for Wells Fargo credit card customers.

The best part:

The program offers rewards in addition to what you'd normally earn through a card's rewards program.

Learn how this program works so that you can put more money back in your pocket.

What is the Wells Fargo Go Far Rewards Program?

The Wells Fargo Go Far Rewards Program is a shopping rewards program for Wells Fargo customers.

You will automatically get a Wells Fargo Go Far Rewards account when you open a Wells Fargo rewards credit card.

You can earn points by shopping using your Wells Fargo credit card. Once you’ve earned enough points, you can redeem them for different types of rewards.

How Does It Work?

The Wells Fargo Go Far Rewards Program offers a number of ways to earn and redeem rewards.

Earning Rewards

The easiest way to earn Go Far Rewards points is to simply use your Wells Fargo credit card when you shop.

Depending on the card you have and the store you’re shopping at, you will earn between 1 and 5 points per dollar you spend.

Here's a cool feature:

One thing that is relatively unique to the Go Far Rewards program is that it combines rewards credit cards with rewards shopping portals.

You can earn even more rewards on some purchases by taking advantage of the Earn More Mall.

Earn More Mall

The Earn More Mall is an online shopping portal that gives you the chance to earn more Go Far Rewards points.

You can earn additional points by shopping in-store or online.

Shopping in-store

If you want to earn bonus points for your in-store shopping, start by visiting the Earn More Mall.

You can access it by logging in to your Wells Fargo online account. Then, look for offers for in-store shopping bonuses.

There will be a list of retailers that Wells Fargo has partnered with to offer additional Go Far Rewards points.

Simply add the offers to your credit card, then go shopping as usual.

When you shop at one of the retailers that are offering bonus points, you’ll automatically earn extra rewards points.

Unfortunately:

There will be caps on how many bonus points you can earn at each merchant. It may also take some time for the points to appear in your account.

Still, it’s worth adding any offers you may use to your card so you can earn as many points as possible.

Shopping Online

If you’re shopping online, you can also earn additional Go Far Rewards points.

  • Log in to your account and go to the list of merchants offering bonus points.
  • Click the “Shop Now” button, and you’ll be directed to that company’s website.
  • Make your purchase through the window that opened and you’ll automatically earn bonus points.

Some websites that you can earn bonus points at are:

  • Home Depot
  • Hotels.com
  • Lowes
  • Walmart
  • Macy's
  • eBay
  • Target
  • Under Armour
  • Nordstrom Rack
  • Expedia
  • Bed Bath and Beyond

As with in-store rewards, point caps may apply and there may be a waiting period before the points appear in your account.

Redeeming Rewards

Once you’ve earned reward points you’ll want to actually use them. There are a number of ways that you can redeem your points.

Online auctions

One option that you have is to bid in online auctions through the Go Far Rewards website.

You can bid on concert tickets, sports tickets, vacation packages, and general merchandise.

If you win an auction, the points will be deducted from your account and the product sent to you automatically.

Travel, entertainment, and merchandise

If you’d rather avoid auctions and simply pay a set number of points, there are plenty of other products available.

You can redeem points for flights, cruises, or full vacation packages.

You can also get digital downloads of music, movies, games, and eBooks that you can use on nearly any electronic device.

Points are also redeemable for goods from major brands and gift cards to a variety of companies.

Cash equivalents

If you have a balance on your credit card, you can use Pay It Down to redeem points against your credit card balance.

Redeeming 2,500 points will knock $25 off of your credit card bill.

That's the standard:

One point is worth $0.01.

This won’t count as a payment, so you’ll still need to make your monthly minimum payment.

The final redemption option is to redeem points for cash.

You can visit any Wells Fargo ATM to redeem 2,000 points for $20 in cash.

Again, its a 1 point: $0.01 ratio.

This means that Go Far Rewards points are worth a minimum of one penny each.

You should keep that in mind if you want to redeem points for merchandise or are considering bidding on an auction.

Eligible Wells Fargo Cards

Wells Fargo offers three credit cards that earn Go Far Rewards points.

Each has its own perks and point earning rates.

Wells Fargo Propel American Express Card

The Wells Fargo Propel American Express Card has no annual fee and gives bonus rewards in a number of categories.

You will earn 3 points per dollar spent on restaurants, delivery food, gas, rideshares, public transit, travel, and streaming services. You will earn one point per dollar spent everywhere else.

The card does not charge an annual fee.

Wells Fargo Visa Signature Card

The Wells Fargo Visa Signature Card offers up to 5 points per dollar spent in the first six months you have the card.

You will earn the elevated rewards rate on the first $12,500 spent on gas, groceries, and drugstore purchases. After that, you’ll earn 1 point per dollar spent on every purchase.

The card offers a 50% bonus on point redemptions towards travel.

For example, redeeming 10,000 points towards a plane ticket will be worth $150.

The card does not charge an annual fee.

Wells Fargo Rewards Card

Like the Wells Fargo Visa Signature Card, you can earn 5 points per dollar spent in the first six months on groceries, gas, and at drugstores.

After that, you’ll earn a point per dollar spent.

This card does not offer the 50% bonus on travel redemptions. Instead, the card offers a low APR on balance transfers and purchases. Its rate is roughly two-thirds the rate charged by the Wells Fargo Visa Signature Card.

This makes it a good choice for people who want rewards but may have to carry a balance.

There is no annual fee to have the Wells Fargo Rewards Card.

Should You Use the Wells Fargo Go Far Rewards Program?

If you already have a Wells Fargo rewards credit card, you should certainly make use of the Wells Fargo Go Far Rewards program.

The extra rewards offered by the program is like free money.

Every time you make a purchase from a participating store, you’re effectively saving money.

The only reason not to use the Wells Fargo Go Far Rewards program is that there might be other ways to save more.

Many websites, such as Ebates, operate on a similar model to the Wells Fargo Go Far Rewards program.

You sign up for an account on the site, then view its list of partnered merchants.

You can link your credit cards and add special offers to them so you can earn bonus rewards on in-store purchases.

For online purchases, you click on a link on the site and shop through the window that opens, with rewards automatically arriving in your account.

Websites are able to offer these rewards because they serve as advertisers for the companies they partner with. They pass some of their advertising revenue on to their users as an incentive.

For example, Ebates might partner with Nike, with Nike offering Ebates 5% off any purchases made by people referred from Ebates’ website. Ebates then offers its users 2% cash back on purchases at Nike. That way, both the user and Ebates gets to benefit.

Each rewards site might have different deals with different companies. You may be able to earn more by using a rewards website rather than the Wells Fargo Go Far Rewards program. Also, consider the fact that you can use a non-Wells Fargo card if you use a rewards website. If you have multiple cards that offer different rewards rates at different merchants, you might be able to earn a lot more by using a non-Wells Fargo card.

If you want to max out your rewards earning rate, make sure to look at all of the rewards sites before using the Wells Fargo Go Far Rewards program.

Conclusion

The Wells Fargo Go Far Rewards program gives Wells Fargo customers bonus rewards for shopping at certain merchants.

Take advantage of it as often as possible because Wells Fargo is effectively offering free money.

Just make sure that other rewards websites aren’t offering a better deal.

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