Wells Fargo Rewards

Wells Fargo has stopped accepting applications for the Rewards, so the only real question is what existing cardholders should do with it. The case for keeping it is narrow but legitimate: there is no annual fee, so leaving the account open costs nothing and preserves your account history. The case against using it is simpler, since the card carries no published earn categories, only a general points balance, which means every dollar you put on it is a dollar earning less than it would on a current no fee rewards card. Move your everyday spending elsewhere and let this one sit in a drawer as a credit history anchor. Closing it is low stakes if you want to simplify, just weigh the effect on your average account age first.