Receiving approval for a Wells Fargo credit card likely requires good or better credit, but applying is fairly straightforward. Applying through the company’s website takes relatively little time after you’ve collected the necessary information, which includes your full legal name, Social Security number, address and income information.
Wells Fargo also offers a pre-qualification tool. You may receive mail offers if you’re an existing Wells Fargo customer or if the company accesses your data through a credit bureau. Pre-qualification is similar to preapproval in that while approval is not guaranteed, it gives you a better idea of your odds for approval.
Which Credit Bureau Does Wells Fargo Use?
Wells Fargo reports to and pulls reports from all three major credit bureaus: Experian, Equifax and Transunion. You should track your credit scores and reports across all bureaus in general, but especially when preparing to apply for a Wells Fargo credit card. Since you don’t know which credit report will be accessed, you’ll want to ensure your credit is accurate everywhere it’s reported.
How To Increase Wells Fargo Credit Card Limit
Increasing your credit limit can be as easy as calling your card issuer and asking, but it isn’t always. You can call Wells Fargo by dialing the number on the back of your card, but if you’ve been a customer for a while, there are a couple of things you can do to help yourself make the case. If you do these things regularly, you might even see regular automatic increases.
First, report your income increases when they happen. The more money you make, the more money an issuer such as Wells Fargo will be willing to lend you. Second, ensure you make on-time payments and are demonstrating responsible credit usage. Be prepared that Wells Fargo may pull your credit when you ask for a limit increase.
