You must be a US resident, minimum 18 years of age, and a student enrolled in an accredited two or four year college, university, or trade school. Applicants must be able to demonstrate the ability to individually repay their debt and have a minimum income greater than $3,000. If not, a co-applicant will be required and must apply jointly at the time of application. If your income is over $12,000 a year, the no-annual-fee Wells Fargo Platinum Card is a more appropriate card for you. Balance Transfer Fees: Either $5 or 3% of the amount of each balance transfer, whichever is greater, for 6 months. After that, up to 5% for each balance transfer, with a minimum of $5. Cash Advance Fees: Either $10 or 5% of the amount of each advance, whichever is greater, for each SUPERCHECKS advance, ATM advance or advance through the Wells Fargo Online banking program or customer service; Either $20 or 5% of the amount of each advance, whichever is greater, for each advance obtained in person at a participating financial institution or other source.