Gabe Douek

Editorial Disclosure: The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are the author’s alone.

Quick Facts

  • 20,000 bonus points when you spend $1,000 on purchases in first 90 days
  • 3x points for restaurants and ordering in
  • 3x points for gas, rideshare and transit
  • 3x points for flights, hotels, homestays and car rentals
  • 1x points on all other purchases
  • 0% Intro APR on purchases for 12 months
  • 0% Intro APR on balance transfers made within 4 months
  • No annual fee

Pros & Cons


  • Easy-to-earn rewards
  • No annual fee
  • Generous sign-up bonus
  • 0% Intro APR


  • Requires good or excellent credit
  • Limited ability to redeem cash back
  • Award categories may not be suited for everyone
  • Low acceptance for American Express compared to Visa or Mastercard

Full Review 

For a spender looking to rack up travel points, the Wells Fargo Propel American Express Card is a great option. It’s easy to earn points with this card due to a variety of earning categories. In addition, the Wells Fargo Propel American Express Card comes with a generous sign-up bonus. If cardholders spend $1,000 in the first three months of the account opening, they’ll rake in an extra 20,000 points, which is the equivalent to $200 cash. 

There is one catch to redeeming cash back with points, though. In order to take advantage of the points for cash, you’ll need at least $25, or 2,500 points, in order to cash out on your rewards. 

The Wells Fargo Propel American Express Card is a nice alternative to other travel cards, as it does not charge an annual fee. However, the card doesn’t come with all the typical benefits other travel cards with annual fees do offer. Some typical benefits of travel cards include travel credits, airport lounge access, travel transfer partners, or reimbursement for Global Entry or TSA Precheck. If you don’t mind missing out on these extras, the Wells Fargo Propel American Express Card may be just what you’re looking for in your next travel card. 

Wells Fargo Propel AmEx: Basics and benefits 

Here are the basics about the Wells Fargo Propel American Express Card. You won’t pay an annual fee to use the card, and rewards can go a long way if you spend money in certain approved categories.

Cardholders will earn 3 Go Far Rewards points for every $1 spent on restaurants, takeout, bars, gas stations, rideshares, transit, flights, hotels, homestays, and entertainment such as Apple Music, Hulu, Netflix, Pandora, and Spotify Premium. You’d be hard pressed to find such a comprehensive list of high-earning bonus categories with other cards. For other purchases, Wells Fargo Propel American Express Cardholders earn 1 point for every $1 they spend. There’s no cap on the number of points cardholders may earn, and points won’t expire as long as the account remains open. Each point is valued at 1 cent. Cardholders may redeem points for a variety of options including cash back, travel, or gift cards. 

After getting approved for the Wells Fargo Propel American Express Card, you can earn 20,000 bonus points by spending $1,000 on purchases within the first three months of the account opening. Newcomers will also benefit from 0% APR on purchases and balance transfers for 12 months. After the intro year is over, ongoing APR is 15.49% – 27.49% Variable APR.

The Wells Fargo Propel American Express Card comes with no foreign transaction fees and a few other interesting perks. Additional benefits include cell phone protection of up to $600 with a $25 deductible if the phone is damaged or stolen, travel accident insurance, lost luggage insurance, roadside assistance, car rental coverage, and purchase protections such as return protection and extended warranty.

The major benefits of the Wells Fargo Propel American Express Card are the introductory offers and the comprehensive list of bonus points spending categories. Most cards only offer introductory bonuses up to $150, while the Wells Fargo Propel American Express Card offers $200 in points. For some, it may be difficult to spend $1,000 in three months. Others could use this to their advantage and apply for the card before scheduled big spending like purchases for electronics, holidays, or vacations. If you’re already going to spend the money, you might as well time it right for a hefty welcome bonus.

The bonus points categories offered by the Wells Fargo Propel American Express Card are pretty wide. Anyone who enjoys spending money on entertainment, going out to eat, or frequently using transportation will get more rewards for their buck with this option. What’s more, the card comes with no annual fee and no foreign transaction fee. Most travel cards with such high rewards will tack on an annual fee to use the card, but not the Wells Fargo Propel American Express Card.

Wells Fargo Propel AmEx: Pitfalls and other possibilities 

Admittedly, the Wells Fargo Propel American Express Card does have its flaws. 

For one, cash back redemption on points is rather limited. Cardholders may redeem rewards for cash back at a Wells Fargo ATM. However, the amount has to be in $20 or 2,000-point increments. This can be a hassle if you have an odd number of points in your account. Cashback may also be redeemed by phone or online, though these rewards must be redeemed in $25 or 2,500-point increments. Cashback earned can be applied toward a Wells Fargo account or requested through a check. This can be pretty limiting, as several other major credit cards allow users to redeem cash back at any time in any amount.

Another pitfall of the Wells Fargo Propel American Express Card is that it isn’t your typical travel card. Many other travel cards come with bonuses like airport lounge access, point transfers to hotel or airline partners, and reimbursement for Global Entry and TSA Precheck. For a certain traveler, this could be a make or break deal.

Finally, American Express isn’t accepted everywhere, especially abroad. The no foreign transaction fees applied won’t make much of a difference if international retailers can’t accept American Express. You’d have better luck with a Visa or Mastercard for traveling abroad. 

There are other credit card options to reap travel rewards, though it’s likely you’ll end up paying an annual fee.

The Chase Sapphire Preferred Card is a great option for travelers seeking to rake in rewards. The card offers 2 points per $1 spent on travel and dining and 1 point per $1 spent on all other purchases. While this is a bit lower than the Wells Fargo Propel American Express Card, the Chase Sapphire Preferred Card shines when it comes to points redemption. If you book travel through the Chase Ultimate Reward portal, your points have an added 25% value. For a certain type of spender, this may be worth the annual fee of $95. For new Chase Sapphire Preferred Card members, the annual fee is waived for the first year the account is open.

Is the Wells Fargo Propel AmEx card right for you? 

Overall, the Wells Fargo Propel American Express Card is great for bonus spending categories and its generous sign-up points offer. All with an annual fee of $0, the card is great for people who would normally spend money on items in the bonus categories. Though, the Wells Fargo Propel American Express Card isn’t for everyone. If you’re looking for a credit card with more travel perks, you’d be better off paying an annual fee for another travel card option.

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