Originally Posted by
TheChallenge
Only problem is the redemption values for transferring points to cash back are at a horrendous rate, .769% cash back if redeemed for less than the break even point of $250 for 25,000 points. On the cash back card it used to be a straight 1% cash back on all purchases, redeemable in $25 amounts.
It's still a good deal with the 5x/6 months offer: $5K per month > 25K points = $250. Pretty much of useless card after the promo ends. When I called Wells Fargo today they told me to call back on Tuesday for more info.