Are you currently on the lookout for a new credit card that offers you low interest rates, no foreign transaction fees, terrific balance transfer offer, cashback opportunities on a variety of your purchases, and more? Then definitely check out the new and improved Wells Fargo Propel American Express® Card.
New customers can take advantage of more benefits than ever before with the Wells Fargo Propel from American Express, such as earning 20K bonus points when spending $1,000 in purchases in the first 3 months (that’s a $200 cash redemption value)! In addition, this all-in-one card provides you with a prime opportunity to earn reward points on all purchases.
This would include 3X points for eating out and ordering in, 3X points for gas stations, rideshare and transit, 3X points for travel including flights, hotels, homestays and car rentals as well as 1X points on other purchases. To top it all off, this card will come with NO ANNUAL FEE and 0% Intro APR for 12 months on purchases and on qualifying balance transfers. After that your variable APR will be 14.49%-24.99%.
Editor’s Note: Wells Fargo has informed Propel cardholders that they will be transitioned to the Wells Fargo Autograph card on 05/24/2023 and the existing card will be deactivated on 08/04/2023.
If you’re interested, find more offers from Wells Fargo, check out all the ongoing Checking/Savings account bonuses!
Wells Fargo Propel American Express® Card Summary
Earning The Wells Fargo Propel 20,000 Bonus Points
Take advantage of the Wells Fargo Propel’s 20,000 bonus points introductory offer. This bonus equates to a $200 redemption value and is an excellent bonus considering it comes with no annual fee.
To qualify, charge at least $1,000 to your card within the first 3 months of opening your account. Though that may sound much, here are some ideas on meeting the spending requirement:
Fixed Categories Reward Points
Enjoy earning extra points back at places where you shop often with the Wells Fargo Propel. For example, Wells Fargo gives you 3X points back on purchases made eating out and ordering in. There’s nothing better than eating out and earning points back while you do it.
As gas prices rise, anything to help save the cost of filling up is appreciated. Thus, this card also lets you earn 3X points at gas stations. Not only do you get points from gas, but you will also be rewarded for traveling! Wells Fargo will give you 3X points for flights, hotels, homestays and car rentals. You can collect these points and then use them to redeem them for rewards!
Redeeming Points
Wells Fargo Propel American Express® Card currency is called “Go Far Rewards” points. Each point is worth a fixed 1 cent each. You can redeem your points for travel, gift cards, charity donations or cash back. No matter how you plan on redeeming your rewards, most redemptions will get 1 cent per point.
This means you can’t get earn more out of your points with redemptions. However, you also don’t need to fret over award charts, award availability or calculate the best redemption value.
Cardholder Perks
A much honorable perk from the Wells Fargo Propel American Express® Card is its cell phone protection. This benefit is also featured on several other Wells Fargo cards.
When you pay your bill with the Wells Fargo Propel American Express® Card, you can get up to $600 in protection against covered damage or theft. This is subject to a $25 deductible. That’s an impressive benefit for a card with no annual fee.
The Wells Fargo Propel American Express® Card also comes with standard purchase and travel protections. These include return protection, extended warranty coverage, coverage for lost or stolen items purchased with the card, travel accident insurance, lost baggage coverage and secondary car rental insurance in the US.
Every Day Purchase Reward Points
In addition to just fixed categories, the Wells Fargo Propel American Express® Card also allows you to earn points back on every day purchases. Whether you make a purchase outside of the 3X points categories, you can still earn 1X points for other purchase.
It’s nice to be rewarded for just living life. You can pool your points earned from the fixed categories with the ever day purchase points to redeem a substantial reward.
Low APR Rate
For those looking for a low APR rate, the Wells Fargo Propel American Express® Card gives you quite a generous one. You get 0% Intro APR for 12 months on purchases and on qualifying balance transfers (fees apply), then a variable APR; balance transfers made within 120 days qualify for the intro rate and fee.
The low APR rate on this card is great for those who carry a balance from month to month. Although we recommend that you pay off the balances to avoid paying interest at all.
No Annual Fee
The cost of annual fees can sneak up on you, but you don’t have to worry about that with the Wells Fargo Propel American Express® Card because it doesn’t charge you anything despite it’s extensive benefits. Wells Fargo helps its customers by having a card with this many points back opportunities with $0 annual fee.
Conclusion
The Wells Fargo Propel American Express® Card is great for those looking for a lot of opportunities to earn points back. The Wells Fargo Propel American Express® Card gives you plenty of opportunities to earn points, if you care to take advantage of them with no annual fee. This is a very well-rounded credit card that has benefits in every category. The more you spend, the more you earn!
If you like what this card has to offer, make sure to check it out. However, you can see our complete list of credit card promotions to find the card that best suits your needs.
Other Credit Cards To Consider
For Those Who Spend On Dining:
 The Chase Sapphire Preferred® Card offers 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. You'll earn: • 5x on travel purchased through Chase TravelSM • 3x on dining, select streaming services and online groceries • 2x on all other travel purchases • 1x on all other purchases • $50 Annual Chase Travel Hotel Credit • Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027. Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase TravelSM This card carries a $95 annual fee. |
For Those Who Spend On Gas:
 The Marriott Bonvoy Business® American Express® Card offers 3 Free Night Awards after you use your new Card to make $6,000 in eligible purchases within the first 6 months of Card Membership. Receive a 7% discount on eligible bookings as a benefit of being both a Marriott Bonvoy member & a Marriott Bonvoy Business American Express Card Member when you book directly with Marriott through an eligible channel for a participating property under the Amex Business Card Rate. You can enjoy a complimentary Marriott Bonvoy Gold Elite Status with your Marriott Bonvoy Business® American Express® Card. You'll earn: • 6x Marriott Bonvoy Points on each dollar of eligible purchases at hotels participating in the Marriott Bonvoy program. • 4x points for purchases made at restaurants worldwide, at U.S. gas stations, on wireless telephone services purchased directly from U.S. service providers and on U.S. purchases for shipping. • 2x points on all other eligible purchases. You'll receive 1 Free Night Award every year after your Card renewal month. Plus, earn an additional Free Night Award after you spend $60K in purchases on your Card in a calendar year. Awards can be used for one night (redemption level at or under 35,000 Marriott Bonvoy points) at hotels participating in Marriott Bonvoy. Certain hotels have resort fees. This card does carry a $125 annual fee. (See Rates & Fees) Terms Apply. |
The information related to Wells Fargo Propel American Express® Card has been collected by Bankcheckingsavings.com and has not been reviewed or provided by the issuer or provider of this product or service.
Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airline, or hotel chain, and has not been reviewed, approved, or otherwise endorsed by any of these entities. Opinions expressed here are the author’s alone, not those of the bank, credit card issuer, airline, or hotel chain, and have not been reviewed, approved, or otherwise endorsed by any of these entities.
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