What Is The Value of Wells Fargo Go Far Rewards Points?

Points & Miles Value
Wells Fargo Points are worth anywhere from 1 to 1.5 cents each based on the redemption, so 10,000 points would have a cash value of $100 to $150.
Last Updated 2022-04-07 By R.Flowers III
Credit cards offered in this program are no longer open to new applicants.

Wells Fargo Go Far Rewards Points have a value of 1 cents each when redeemed towards travel, gift cards, and cash deposits. If you have the Wells Fargo Visa Signature Card, you'll be able to redeem points for 1.5 cents each towards airfare and 1 cent for everything else.

How much are Wells Fargo points worth?

Wells Fargo Points are worth 1 cent each for all redemptions unless you have the Wells Fargo Visa Signature Card which bumps up the value to 1.5 cents for airfare redemptions.

Wells Fargo points value

Redemption Option Average Value (in cents)
Airfare redemptions with the Wells Fargo Visa Signature card 1.5
All other travel redemptions 1
Redeeming points for gift cards 1
Merchandise 0.65 - 0.75

Redeeming points for travel

Redeeming Wells Fargo Points for travel will give your Go Far Rewards a value of between 1 and 1.5 cents each. This will depend on which Wells Fargo credit cards you own.

Airfare redemptions

When you redeem your Go Far Rewards Points towards airfare booked through the Wells Fargo travel portal, you'll get a value of 1 cent per point, but Wells Fargo members who have the Wells Fargo Visa Signature Card will receive a 50% boost to airfare redemptions which equals 1.5 cents in value.

This means if you're looking to maximize the value of Go Far Rewards Points, having both the Wells Fargo Visa Signature and Propel AMEX should be your goal. Flights booked through their portal will show you the airfare cost in both points and cash.

Redeeming for other forms of travel

Go Far Rewards Points are worth 1 cents each when used to book general travel. This includes:

  • Airfare
  • Hotels
  • Car Rentals
  • Cruises
  • Experiences

All of these redemptions are booked directly though the Wells Fargo travel portal. You can also use your points towards vacation packages, sporting and special events, and custom getaways, but these choice will require calling Go Far Rewards customer service number on your card or statement.

Do note that certain fees and taxes will still apply when booking travel with Go Far Rewards Points. This includes but is not limited to:

  • Excise Tax
  • Occupancy Tax
  • Room Tax
  • Sales and Use Tax
  • Value-added Tax
  • Other Similar Taxes

Other ways to redeem

Wells Fargo Points can be redeemed for cash back, gift cards, and merchandise. These redemptions will give your points a value of 1 cent or lower.

Cash back redemptions

Go Far Rewards Points can be redeemed for cash redemptions at a rate of 1 cent per point starting at 2,500 points for $25. Cash redemption options include a deposit or credit to a qualifying redemption account, a paper check, or cash visa a withdraw from a Wells Fargo ATM.

A qualifying account is considered to be an eligible Wells Fargo account and they do not count as a payment.

Being able to redeem your Go Far Rewards Points for cash deposits means that you can basically use your points towards whatever you want and still receive great value.

This is the best route to take if you don't plan on using your points towards travel. While travel will give you the best value, earning the equivalent of a 3% return across the categories featured on the no-annual fee Wells Fargo Propel AMEX is pretty good.

Gift card redemptions

Go Far Rewards Points can be redeemed for hundreds of gift cards through the Go Far Rewards Catalog. Most redemptions will give you a value of 1 cent per point, but they do feature promotions from time to time which can give you a slightly higher return. Redemptions start at 2,500 points for a $25 gift card for most gift card options. Gift card options you can choose from features the following categories:

  • Charitable Organizations
  • Fuel and Auto
  • Gourmet and Floral
  • Grocery & Pharmacy
  • Moves and Entertainment
  • Multi-Brand Cards
  • Online and Gaming
  • Restaurants
  • Retail Stores
  • Salon and Spa
  • Specialty
  • Subscription Services
  • Travel and Experience
Use Go Far Rewards Points for gift cards.

Merchandise redemptions

Go Far Rewards Points can be redeemed for merchandise such as electronics, jewelry, sporting goods, home & garden, and much more. Point value for merchandise redemptions will vary, but most of the items I found were between 0.65 and 0.75 cents per point.

You can also make purchases directly with several big name brands and retailers such as Samsung, Sonos, Best Buy, Apple, The North Face, and the NFL Fan Shop.

Unless you can find a redemption that gives you 1 cent or higher in value, I recommend avoiding redeeming points for merchandise.

Great alternatives would be redeeming your points towards a gift card and then using that gift card to purchase merchandise or you can redeem your Go Far Rewards Points for a cash deposit and use that cash to purchase merchandise.

Both options will typically give you a lot more value than redeeming your points directly though their portal.

How to convert Wells Fargo Points to dollars

Use the Wells Fargo Points Value Calculator to determine the cash value of Go Far Rewards Points based on redemption. This will give you an idea of how much your points are worth on average.

Enter any amount of Wells Fargo points to calculate the dollar value.
Points
Redemption Average Dollar Value
Airfare redemptions with the Wells Fargo Visa Signature card $0
All other travel redemptions $0
Gift card redemptions $0
Merchandise $0 - $0

How to earn Wells Fargo points

Wells Fargo Points can only earned with the Wells Fargo Propel AMEX and Wells Fargo Visa Signature Card, but both cards are no longer open to new applicants.

If you're looking to stick with Wells Fargo, they do offer the Wells Fargo Active Cash Card which is great for earning flat-rate cash back across all purchases.

FAQ

How much are Wells Fargo Points worth?

Wells Fargo Points have a value of 1 to 1.5 cents each. You'll get the best value redeeming them for airfare.

What can you use Wells Fargo Points for?

Wells Fargo points can be used for travel, gift cards, cash back, and merchandise.

Can you still earn Wells Fargo points?

No. Both cards are closed to new applicants, so you'll need to find another travel rewards program.

What's the best alternative to Wells Fargo Go Far Rewards?

The closest option for high redemption value is Chase Ultimate Rewards in which points can be redeemed for up to 2 cent in value.