*Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any credit card issuer. This site may be compensated through a credit card issuer partnership.
This article was last updated Feb 12, 2020. Terms and conditions may have changed. For the most accurate information, please consult the issuer website.
If you’re looking to earn generous rewards in a wide variety of categories, including dining, gas stations, flights and more, the Wells Fargo Propel American Express® card is a hard card to beat. It also offers helpful travel benefits, charges a $0 annual fee and comes with a welcome offer that can help you rack up points quickly.
While there are premium travel cards that offer more perks in exchange for an annual fee, the Wells Fargo Propel American Express® card offers great value.
- Wells Fargo Propel American Express® card pros
- Wells Fargo Propel American Express® card cons
- Additional Wells Fargo Propel American Express® card benefits
- Compare it with the Uber Visa Card
- Which card is best for you?
Wells Fargo Propel American Express® card pros
Generous rewards. Earn 3X points on eating out, ordering in and popular streaming services, 3X points on gas stations, rideshares and transit, and 3X points on travel including flights, hotels, homestays and car rentals. Earn 1X points on other purchases. Each point is worth 1 cent.
If you’re wondering what counts as travel and transit, here’s the breakdown:
- Passenger railway and passenger trains
- Hotels, motels and timeshares
- Vehicle and auto rentals
- Cruise lines
- Travel agencies
- Discount travel sites
- Taxis and limousines
- Toll bridges and highways
- Parking lots and garages
And here’s what counts toward streaming rewards:
- Apple Music
- Sirius XM Radio Inc
- Spotify Premium
There’s no limit to how many points you can earn, and as long as your account remains open, your points won’t expire.
A valuable welcome offer. Earn 20,000 bonus points when you spend $1,000 in purchases in the first 3 months - that's a $200 cash redemption value.
Flexible redemption options. This card earns Wells Fargo Go Far Rewards points, which can be redeemed the following ways:
- Travel. Options include flights, hotels, car rentals, cruises, vacation packages and more.
- Cash back. You can redeem cash back as a deposit or credit to a qualifying redemption account, as a paper check or as a cash withdrawal from a Wells Fargo ATM (note that you must have a Wells Fargo debit or ATM card to use that last option).
- Gift cards. Get gift cards for brands such as Fandango, Uber, Chipotle and more.
- Merchandise. Shop for merchandise ranging from apparel to electronic devices.
- Charitable donations. Redeem points for gift cards toward select causes and organizations.
- Online auctions. Bid on sporting events, concert tickets and vacation packages.
- Paying down a Wells Fargo product, such as a loan or mortgage.
- Gifting them to other Wells Fargo members or contributing to a rewards pool.
And, if you’ve got another Wells Fargo card that earns Go Far points, you can transfer points between cards. This could come in handy for cardholders with the Wells Fargo® Visa Signature® Credit Card, which offers 50% extra value for points redeemed for airfare.
Travel benefits. The Wells Fargo Propel American Express® card offers these travel perks:
- Emergency assistance program including medical, legal, personal and travel help
- Lost or damaged baggage insurance
- Travel accident insurance
- Car rental loss and damage insurance
- Roadside assistance
0% intro APR. The Wells Fargo Propel American Express® card offers an intro 0% for 12 months on purchases. After that, a 14.49% to 24.99% (variable) APR applies. There’s also an intro APR of 0% for 12 months on qualifying balance transfers. After that, a 14.49% to 24.99% (variable) APR applies. The balance transfer fee is 3% for 120 days, then 5%. While there are cards with longer 0% intro APR periods, paying no interest for a year is still a pretty good offer.
Wells Fargo Propel American Express® card cons
Limits on withdrawing cash. If you want to redeem your rewards for cash at a Wells Fargo ATM, you must have a Wells Fargo account, and you can only withdraw cash in $20 increments.
Can’t transfer points to airline miles. You can redeem your points for flights, but you can’t transfer them to airline frequent flyer programs like some other travel cards allow. For example, the Capital One® VentureOne® Rewards Credit Card charges a $0 annual fee and offers up to 15 travel partners to which you can transfer your rewards. However, it’s worth noting that the Capital One® VentureOne® Rewards Credit Card’s rewards rate is lower than the Wells Fargo Propel American Express® card — it earns 1.25 miles per dollar on every purchase, every day.
Additional Wells Fargo Propel American Express® card benefits
No foreign transaction fee. You can use this card internationally without paying an additional fee on each transaction, because the foreign transaction fee is none. However, it’s worth noting that American Express is less widely accepted than Visa and Mastercard outside the United States.
Cellphone protection. There’s a $25 deductible, the maximum amount per claim is $600 and there’s a limit to the benefit of $1,200 within a 12-month period.
Retail protection. If you bought an eligible item with this card, you can get coverage with this benefit if it’s damaged or stolen within 90 days from the date of purchase.
Extended warranty. This benefit can double the original manufacturer’s warranty of 12 months or less for eligible items purchased on this card.
Compare it with the Uber Visa Card
Another card that rewards you for similar categories to the Wells Fargo Propel American Express® card is the Uber Visa Card. Here’s how the two stack up:
Wells Fargo Propel American Express® card vs. Uber Visa Card
|Wells Fargo Propel American Express® card||Uber Visa Card|
|Welcome offer||Earn 20,000 bonus points when you spend $1,000 in purchases in the first 3 months - that's a $200 cash redemption value.||Earn $100 in Uber Cash after spending $500 on purchases in the first 90 days from account opening.|
|Rewards||Earn 3X points on eating out, ordering in and popular streaming services, 3X points on gas stations, rideshares and transit, and 3X points on travel including flights, hotels, homestays and car rentals. Earn 1X points on other purchases.||5% back in Uber Cash on Uber rides, Uber Eats, and JUMP, 3% in Uber Cash on restaurants, bars, hotels, and airfare, and 1% back in Uber Cash on all other purchases|
|Foreign transaction fee||None||None|
|Regular purchase APR||14.49% to 24.99% (variable)||17.24%, 23.24% or 27.99% variable|
Uber loyalists are likely to appreciate the Uber Visa Card’s generous rewards rate for using Uber, Uber Eats, and JUMP electric bikes and scooters. For more details, take a look at our review of the Uber Visa Card.
Which card is best for you?
If you use Uber frequently, the Uber Visa Card will earn more rewards on that than the Wells Fargo Propel American Express® card earns on ride-shares. And you may like the convenience factor of the Uber Visa Card, where once you earn $50 in Uber Cash using your card, it’s automatically transferred to your Uber account.
However, if you’re looking for overall value, the Wells Fargo Propel American Express® card wins. It offers 3X points on an impressive range of categories, and being able to redeem points for options such as cash back and travel offers more versatility than being limited to Uber Cash. Whether you need a travel card or a dining card, the Wells Fargo Propel American Express® card is a solid choice.