0% intro APR until 2024 is 100% insane

No ongoing rewardsOnce the 0% intro APR offer expires, the Wells Fargo Reflect® Card offers no ongoing rewards or incentives. That means if you're looking for a card that offers long-term perks like cash back or travel rewards, this card isn't the best option.A strong alternative would be the Wells Fargo Active Cash® Card (rates and fees), which offers straightforward 2% cash rewards on purchases for a $0 annual fee -- currently my favorite card in my wallet.Balance transfer feeWhile the Wells Fargo Reflect® Card is among the longest 0% intro APR period cards, there's also the balance transfer fee to consider. The card charges a fee of 5%, min: $5, which can be costly if you're transferring a large balance. For example, transferring a balance of $10,000 to this card would let you pay it off at 0% interest (within the intro period) -- but you would have to pay a $500 transfer fee.You'll have to run the numbers to see if eating the balance transfer fee is actually cheaper than paying interest. If you won't take full advantage of the 0% intro APR for 21 months from account opening on qualifying balance transfers (then 17.49%, 23.99%, or 28.24% Variable APR) to pay off your balance, it might be worth considering another card with a lower balance transfer fee.Foreign transaction feesThe Wells Fargo Reflect® Card also charges a 3% foreign transaction fee, which means you'll pay extra for purchases made outside of the U.S.If you plan to travel abroad and want to avoid fees, consider one of our favorite travel credit cards.

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