*Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.
This article was last updated Dec 16, 2019. Terms and conditions may have changed. For the most accurate information, please consult the issuer website.
If you want to earn an influx of rewards that can be used toward travel, cash, merchandise and more, you should take a look at the Wells Fargo Propel American Express® card. Along with offering an elevated rewards rate on everyday purchases, such as at gas stations, on ride-sharing and streaming services, the Wells Fargo Propel American Express® card comes with a fairly lucrative welcome offer that’s worth $200 when redeemed for travel, gift cards and more.
Cardholders 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 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.
Wells Fargo Propel American Express® card points won’t expire as long as your account remains open.
In this post, we’ll break down the Wells Fargo Propel American Express® card’s current offer, including how to qualify for the welcome offer, how to use the welcome offer and additional ways to earn bonus points.
In this post:
- Are you eligible for the Wells Fargo Propel American Express® card welcome offer?
- How can you use your welcome offer?
- Other ways to earn rewards
- The bottom line
Are you eligible for the Wells Fargo Propel American Express® card welcome offer?
You may not be eligible for the Wells Fargo Propel American Express® card’s current welcome offer if you have opened a Wells Fargo credit card account within the past 15 months – even if the account is closed and has a $0 balance.
Also, if you have opened a Wells Fargo credit card in the past six months, you may not qualify for an additional Wells Fargo credit card.
How can you use your welcome offer?
You can redeem your Wells Fargo Propel American Express® card points for cash, travel, merchandise, physical and electronic gift cards and charitable donations. Each point is worth 1 cent – making the card’s welcome offer worth $200.
See the different ways to redeem your rewards below.
Cash. Points can be redeemed for cash in increments of $25 or 2,500 points into your eligible Wells Fargo checking or savings account or Wells Fargo credit products that are qualified to receive cash redemptions, or via a paper check.
You can also withdraw cash redemptions in increments of $20 or 2,000 points via a Wells Fargo ATM. Note, you must have a Wells Fargo debit or ATM card to redeem rewards from a Wells Fargo ATM.
Travel. Travel redemptions include airline tickets, car rentals, cruises, experiences, Goodwill travel, hotel stays, sporting and special events, vacation packages or custom travel packages.
Merchandise. You can use your points to purchase a variety of items, including electronics, jewelry, toys, clothing and much more, through the Go Far Rewards shopping portal. For example, the 30,000-point welcome offer can get you an Apple iPod touch (28,069 points) or a Fitbit Versa Special Edition (28,063 points) at the time of publishing.
Gift cards. Points can be used to purchase gift cards from a wide range of retailers, including Barnes & Noble, Bath & Body Works, Chipotle, Ulta Beauty, Wayfair, Best Buy and much more.
Sharing points. You can also share your rewards with others by gifting them to friends or family members who are Wells Fargo customers, or by donating them to charitable causes.
Other ways to earn rewards
In addition to the welcome offer, the Wells Fargo Propel American Express® card lets you earn rewards on every purchase: 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.
You can also earn up to 10% in rewards when you shop in-store or online through Wells Fargo’s Earn More Mall site. Participating merchants include Home Depot, Walmart, Expedia, Hotels.com and more.
The bottom line
If you’re in the market for a rewards credit card that offers elevated points in popular spending categories as well as a valuable welcome offer, the Wells Fargo Propel American Express® card is a great option. In addition to earning rewards at gas stations, on dining, transit and more, cardholders can squeeze $200 worth of value from the welcome offer when redeemed for travel, gift cards and more.
The information related to the Wells Fargo Propel American Express® card has been independently collected by CompareCards and has not been reviewed or provided by the issuer of this card prior to publication.