【2020.2 Update】This card was revamped, and the welcome bonus increased to 20,000 points, worth up to $220. That’s very strong for a no-annual-fee card. In addition, the current 3x categories are: dining; gas, RideShare, Transit; airfare, hotels, car rentals, and homeshare. It basically covers all the spending you need for travel. Plus, with the WF customer bonus, the 3.3x return is quite solid.

Wells Fargo Propel Credit Card Review

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Full review

Wells Fargo Propel Credit Card

3x on dining, gas, and travel; no annual fee!

  • Welcome bonus: 20,000 points (spend $1,000 in three months)
  • Rewards: 3x on dining; 3x on gas, rideshare, and transit; 3x on airfare, hotels, car rentals, and homestays; 1x on all other purchases
  • Redemption: 10,000 points = $100
  • Annual fee: $0
  • Apply now>>

Highlights

  • Excellent for travel: After the revamp, this card’s 3x categories basically cover all the spending you need for travel. Plus, with the WF customer bonus, the 3.1x return is quite solid.
  • AMEX network: Although this card is issued by Wells Fargo, it runs on the AMEX payment network. So you can use it for AMEX Offers, but Offers can only be added via twitter. See details here: AMEX OFFER Guide
  • Cell phone protection included: If you use this card to pay your monthly cell phone bill, you can receive up to $600 in coverage if your phone is damaged or stolen ($25 deductible applies).
  • WF customer 10% bonus: If you have a Wells Fargo consumer checking, savings account, or Portfolio by Wells Fargo trademark program, you can receive an extra 10% annual points bonus. However, this bonus only applies to 1x points; the extra multiplier portion does not get the additional 10%.
  • Free FICO score: Provides your Experian FICO credit score every month. See details here: Best Free Credit Score Sources
  • 0 APR for 12 months: For the first 12 months after account opening, there is no interest on purchases and balance transfers. See details here: Introduction to 0APR Strategies

My Take

If you meet the application requirements, this card is still well worth applying for. A 30,000-point welcome bonus is a lot for a no-annual-fee card, and if you have checking, the welcome bonus becomes $330. Also, because this card runs on the AMEX network, it can be worth holding long term to save or even make money through AMEX OFFERs, so it’s definitely not a bad deal. The cell phone protection and free credit score are also nice perks.

Application

  • Difficulty: This card has average approval requirements. It’s recommended that you have at least 1 year of credit history, and having a checking account with them is even better.
  • Application status: Wells Fargo application status check link (login or verification code required)
  • Things to note: Only U.S. permanent residents with a green card or U.S. citizens can apply for this card! If you have had any other credit card from this bank within the past 16 months, you will not be eligible for the welcome bonus or 0APR.

Application Link