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avatar You are viewing an archive of articles by Aaron Pinkston. Aaron Pinkston is the founder of Clarifinancial. He wasn’t satisfied with the ways people had to get life insurance quotes, so he had to create something better.

Aaron Pinkston

Are you looking for a credit card that will reward you whether you’re purchasing a pack of gum or buying a diamond ring? The Wells Fargo Cash Wise Visa® Card may be just that card with its 1.5 percent cash back on every purchase. The card also provides an impressive signup bonus that will leave you with $200 extra in your pocket if you spend at least $1,000 within the first three months of opening your account.

This card offers practical perks that appeal to people who want a card that is part of their lifestyle. In this review, we’ll cover the key features of the card and its pros and cons.

Bonus Offer

The starting point is the $200 up front bonus. Spend $1,000 on the card within the first three months and you earn the bonus. Beyond cash, the Wells Fargo Cash Wise Visa® Card comes with a variable APR between 13.74% and 25.74%. However, there is a 0% introductory APR on both purchases and balance transfers for the first 12 months. A 3% fee applies to balance transfers, but not purchases. This is a straightforward, no-nonsense card with perks and rewards that are very easy to make sense of.

What We Like About the Wells Fargo Cash Wise Visa® Card

A lot of cash back credit cards make you do your homework by only providing cash back in select purchase categories. This usually means that your card is only working overtime for you when you dine out or pump gas. The big factor that sets the Wells Fargo Cash Wise Visa® Card apart is that every purchase you make will earn you 1.5 percent back.

This can add up to a lot if you tend to reflexively make most of your purchases using your credit card. This card also offers some good news for tech lovers. It comes with a built-in reward rate of 1.8 percent for purchases made with Apple Pay™ and Android Pay™ for the first year.

The Wells Fargo Cash Wise Visa® Card goes a bit further with its tech-oriented perks. It offers phone insurance for cardholders. Cardholders simply need to pay their phone bills using their Wells Fargo Cash Wise Visa® Card to receive coverage for up to $600 for a stolen or damaged phone. If you take advantage of this feature, there is a $25 deductible.  

One perk that is likely to get a lot of customers excited is that rewards earned from the card can be redeemed for cash at Wells Fargo ATMs using a Wells Fargo debit card. Cash rewards are dispensed in increments of 20. This perk highlights the fact that this card is all about connecting customers with their money instead of forcing them to apply it to statement credits.

Where the Wells Fargo Cash Wise Visa® Card Is Lacking

There has been a huge push to offer big bonuses and perks to customers in the credit world in recent years. This has caused some people to have high expectations when it comes to what they can get when they sign up for credit cards. It appears that Wells Fargo has chosen to take the approach of keeping things sweet and simple as a way to rise from the ashes of the ongoing war of incentives in the card industry.

The Wells Fargo Cash Wise Visa® Card asks customers to trade in their great expectations for consistency and ease. It certainly doesn’t offer the best or biggest perks and bonuses out there. That’s not uncommon for a credit card that does not charge an annual fee. What it does offer is a way to consistently earn cash back without putting much thought into it or amending the way you shop, dine or travel.

Simple Rewards Can Go Far

What you see is what you get with the Wells Fargo Cash Wise Visa® Card. It is a perfect card for a person who doesn’t like to carry cash because it rewards every purchase you make. It is also a great choice for someone looking for their first credit card because it offers an easy way to start earning rewards on simple, everyday purchases.

The Wells Fargo Cash Wise Visa® Card is a great choice if you’re looking for a solid card that might not take your breath away with amazing perks and flashy rewards. It definitely succeeds at being an everyday card for everyday people.


This is a guest article by Aaron Pinkston, founder of Clarifinancial. He wasn’t satisfied with the ways people had to get life insurance quotes, so he created something better.

Have you ever noticed you can relax about decisions you made while others around you are still running around frantically? On the other hand, you probably have certain decision obsessions that seem to grab all your energy and focus.

Some people are maximizers and feel compelled to find the single best possible solution available (or find a new one). Other people are satisficers who are comfortable with decisions they make, as long as they are mostly confident the decision they make is reasonably good.

Many people seem to believe being a satisficer is better because they are happier and can make decisions more efficiently than maximizers. However, I believe there is a lot of value in being a maximizer. Like most things, you can probably have both attributes.

I know that I am a maximizer in some parts of my life but a satisficer in others. In fact, I can be more specific than that — I am only a maximizer in areas that matter to me.

Matrimonial mania

People love to give examples of weddings, so I’ll follow suit. When it came to my wedding, I was a satisficer. Both my wife and I thought it was a silly question when people asked what our “colors” were. I had no idea what that question even meant!

Secretly, I think my mom took it too far when she planted the garden with flowers in the color we were forced to choose. The only reason I let her do that was because she plants annuals, which are plants that die after just one year. She even considered the blooming cycles of different plants to maximize the color on our wedding date. But to her, this was an important decision that would help make the whole design more harmonious.

Come wedding day, we moved it inside because of the rain and everybody was happy.

Am I saying my wedding was unimportant to me? Sort of. But only because I maximized my decision for a life partner. Others seem to take the opposite approach.

Happiness and innovation

I agree with the research that shows satisficers are usually happier. I know I’m consistently happy when I don’t have to worry about something, and this includes many things in my life, like what I wear.

But I love a challenge. Sometimes, being exceptionally great just isn’t enough. It’s not until I have found the very best possible answer that I can experience true and lasting satisfaction. Satisficers might typically be happier, but if it weren’t for maximizers, the quality of our lives would stagnate.

Look at all the innovation around you. Better yet, since you’re reading this on a computer, stop to think about all the innovation at your finger tips. I’d be willing to bet that your computer and the network of computers that enable you to read these words wouldn’t rock so hard if folks were okay with the answer they already had. In fact, as good as it is, it’s not good enough for some. What will they create next?

Those people are maximizers in part of their life but are probably satisficers in other areas. We wouldn’t have knives if a chipped rock was good enough. Knives come in handy. I have a few in my kitchen. But I don’t need them to be the best.

Think about it. Are you a maximizer in some areas of your life and a satisficer in other areas? When are you content when others continue searching and when do you keep looking for better answers when others have moved on?