I receive compensation for content and many links on this blog. You don’t have to use these links, but I am grateful to you if you do. American Express, Citibank, Chase, Capital One and other banks are advertising partners of this site. Any opinions expressed in this post are my own, and have not been reviewed, approved, or endorsed by my advertising partners. I do not write about all credit cards that are available -- instead focusing on miles, points, and cash back (and currencies that can be converted into the same).
The Wells Fargo Propel American Express® Card is open to new cardmembers. It’s a no annual fee with strong rebate potential.
They’re offering 30,000 bonus points after $3000 spend on purchases within the first 3 months. Since points ware worth a penny apiece that’s $300 redemption value.
The card earns 3 points per dollar spent for eating out and ordering in; for gas stations, rideshares and transit; and for travel including flights, hotels, homestays and car rentals. So it’s a very broad travel category and also dining. The card comes with cell phone protection similar to other Wells Fargo personal products.
The Wells Fargo Propel American Express® Card
offers strong return for a no annual fee card, and there’s real leverage if you have this card and also the related Visa Signature, it will be possible to use the points to book travel at 1.5 cents per point in value (since that’s a benefit of the Visa Signature card). You’ll even get 1.75 cents per point if you spend $50,000 in a year on the Visa Signature card. By combining the two, you can get a terrific return of either 4.5% and up to 5.25% value in 3x bonus categories.
Copyright: jetcityimage / 123RF Stock Photo
That said, while in the past Wells Fargo credit cards have largely been for Wells Fargo customers this one is open much more broadly. However they appear to want you to wait 6 months between new card applications and 15 months between bonuses,
You may not be eligible for introductory annual percentage rates, fees, and/or bonus rewards offers if you opened a Wells Fargo Credit Card within the last 15 months from the date of this application and you received introductory APR(s), fees, and/or bonus rewards offers — even if that account is closed and has a $0 balance.
You may not qualify for an additional Wells Fargo Credit Card if you have opened a Wells Fargo Credit Card in the last 6 months.