Wells Fargo’s New Propel American Express is Now Live

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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.

Wells Fargo Propel American Express® Card

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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Editorial note: any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Comments made in response to this post are not provided or commissioned nor have they been reviewed, approved, or otherwise endorsed by any bank. It is not the responsibility of any advertiser to ensure that questions are answered, either. Terms and limitations apply to all offers.


  1. Why would you conduct business with a company that steals from it’s customers? A new way of
    them stealing revealed this week.

    “Wells Fargo keeps finding new parts of its vast banking empire that overcharged innocent customers.

    On Friday, Wells Fargo disclosed it’s setting aside another $285 million to refund foreign-exchange and wealth-management clients

    That’s on top of Wells Fargo’s infamous consumer scandals. The bank has already paid out rebates to customers for opening fake accounts in their names, forcing them into car insurance they didn’t need and charging them mortgage fees they didn’t deserve.”

  2. Agreed, we’ll all get one automatically (and associated fees) so why bother opening one. There has to be some limit where we (educated consumers) say ‘enough, I won’t deal with that company’. Or else Gary’s laissez-faire capitalism doesn’t work.

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