Wells Fargo Propel American Express® Card: Get ultimate rewards flexibility

Smiling woman drinking cocktail and using credit card outdoors. Smiling woman drinking cocktail and using credit card outdoors. Image:

In a Nutshell

The Wells Fargo Propel American Express® Card is an excellent option if you don’t want to have to choose between a travel and a cash back credit card. Its sign-up bonus is tough to beat among cards with no annual fee.

Editorial Note: Credit Karma receives compensation from third-party advertisers, but that doesn’t affect our editors' opinions. Our marketing partners don’t review, approve or endorse our editorial content. It’s accurate to the best of our knowledge when it’s posted.
Advertiser Disclosure

We think it's important for you to understand how we make money. It's pretty simple, actually. The offers for financial products you see on our platform come from companies who pay us. The money we make helps us give you access to free credit scores and reports and helps us create our other great tools and educational materials.

Compensation may factor into how and where products appear on our platform (and in what order). But since we generally make money when you find an offer you like and get, we try to show you offers we think are a good match for you. That's why we provide features like your Approval Odds and savings estimates.

Of course, the offers on our platform don't represent all financial products out there, but our goal is to show you as many great options as we can.

Pros Cons
Big sign-up bonus No special travel perks
Flexible redemption options Low rewards rate on noncategory purchases
Intro 0% APR promotion (purchases and balance transfers) American Express not widely accepted internationally
No annual fee


From our partner
See Details, Rates & Fees

What you should know about the Wells Fargo Propel American Express® Card

This card is a solid option for frequent flyers and cash back connoisseurs alike. Here are some of its highlights.

Lucrative rewards program

When you first get the card, you’ll earn 30,000 bonus points after spending $3,000 on purchases in the first 3 months of your account opening — that’s worth $300 in cash back.

You’ll also earn three points per $1 spent on purchases in several spending categories, including …

  • Restaurants (both eating out and ordering in)
  • Gas stations, ride-shares and transit
  • Flights, hotels, homestays and car rentals
  • Streaming services (find a list of qualifying services on Wells Fargo’s site)

One hitch: You’ll receive just one point per $1 on all other purchases, which can be a bummer if you don’t spend a lot in the three-point categories. If that’s the case, there may be other rewards cards out there that are a better fit for you.

Find a rewards credit card

Shop Now

Flexible redemption options

If you’re not sure whether you want a travel or a cash back credit card, the Wells Fargo Propel American Express® Card is a good compromise. Its flexibility allows cardholders to redeem their points for …

  • Cash back
  • Charitable donations
  • Digital rewards (music, e-books, games, audiobooks)
  • Merchandise
  • Physical and electronic gift cards
  • Travel

A drawback of opting for cash back is that you can only redeem in $20 increments at Wells Fargo ATMs or in $25 increments online or over the phone. So if you have, say, $35 worth of rewards, you can’t access the full amount all at once.

Also, it’s a good idea to check the redemption value for each option to make sure you’re getting the most value out of your points.

Intro APR

If you’re looking to pay for a vacation or other large purchase, or you need to pay off some high-interest credit card debt, this card has your back.

You’ll get an intro 0% APR on both purchases and balance transfers for 3 months from account opening. But there are a few things to keep in mind.

  • After the intro offer period, the regular variable purchase and balance transfer APR will be somewhere in the range of 14.74% - 27.24%.
  • In order to take advantage of the intro APR for balance transfers, you’ll need to complete your transfer during the first 120 days that your account is open.
  • There’s an intro balance transfer fee of 3% (minimum $5) for each balance transferred in the first 120 days that your account is open. After that, the fee goes up to 5% (minimum $5) for each balance you transfer.

Be sure to pay off your transferred balance in full before the intro APR promotion is over. And pay any purchase balance in full and on time each month. Because regardless of which variable APR you qualify for after the intro period has ended, being charged interest can cancel out the value of the rewards you’ll get with the card.

How to avoid interest with a credit card grace period

International use

The Wells Fargo Propel American Express® Card doesn’t charge a foreign transaction fee, but that may not be a huge benefit overall since American Express credit cards aren’t as widely accepted overseas as other credit card networks. If you’re traveling abroad, consider bringing a Visa or Mastercard credit card as a backup in case you can’t use this one.

Our picks for the best Visa credit cards

Who this card is good for

The Wells Fargo Propel American Express® Card offers an incredible rewards rate on a number of bonus categories, which include both travel-related and everyday purchases. If you spend a lot on the rewards categories, it won’t take long to rack up points with this card.

This card is also a great choice for someone who wants flexible rewards with a single card. It offers both travel and cash back redemptions, among other options, giving you a wide selection to choose from.

And since there’s no annual fee, you don’t have to worry about whether you’re spending enough to make the card worth it.

But with that said, the Wells Fargo Propel American Express® Card isn’t a great option for people who want special travel perks, like airport lounge access, airline and hotel transfer partners or travel expense credits.

Not sure this is the card for you? Consider these alternatives.

If you’re still not sold on the card’s rewards program or benefits, here are some other options that might be a better fit for your needs.