Is the Wells Fargo Propel American Express Card Worth It?

This card outshines many other no-fee rewards cards with its outsize value in the many bonus spending categories.
Dustin Waller
By Dustin Waller 
Edited by June Casagrande

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The Wells Fargo Propel American Express® card offers more value than you might expect from a credit card with a $0 annual fee. Not only does this credit card earn excellent rewards with every purchase, but it also has some very valuable benefits, including the ability to earn 3 points per dollar spent on a wide range of spending categories. Terms apply.

Here are perks to consider when deciding whether this card is worth getting.

Valuable perks of the Wells Fargo Propel American Express® card

The welcome offer

The Wells Fargo Propel American Express® card comes with the option to earn a welcome bonus: Earn 20,000 bonus points when you spend $1,000 in purchases in the first 3 months - that's a $200 cash redemption value.

Well-rounded rewards

It’s not too often we see a credit card offering generous bonus points for everyday spending in such a well-rounded slate of shopping categories.

This card earns triple points on dining (including takeout), gas stations, ride-shares, transit, flights, hotels, homestays, car rentals and even select streaming services. You’ll earn 1 point per dollar on all other purchases.

Depending on your spending habits, these categories could represent a significant portion of your spending, meaning plenty of opportunities to triple your rewards. The simplicity of needing only one credit card to have that many useful and rewarding categories is a definite plus. Terms apply.

No foreign currency conversion fees

The Wells Fargo Propel American Express® card doesn't charge any currency conversion fee when you use your card outside of the U.S. Terms apply.

Access to AmEx Offers

The card gives you access to AmEx Offers — valuable opportunities to save money or earn bonus points by “adding” merchant-specific limited-time offers to your card.

If you’re used to adding AmEx Offers to a card issued by American Express, the process here is a little different. Because this AmEx card is issued by Wells Fargo and not American Express, you have to go to the American Express Connect website to add the offers to your card. It’s easy. Just browse offers on the website, and when you see offers you like, click to add them to your Wells Fargo Propel American Express® card. Then use the card to make a purchase with those merchants.

These offers are always changing, but recent examples include rebates from Sunglass Hut, Oakley and Armstrong Garden Centers. You’ll find AmEx Offers for travel, dining, shopping, educational products and services, and many other categories. This free benefit can add up to significant savings if you’re able to regularly take advantage of the offers.

Terms apply.

Cell phone protection

Cell phones are expensive, but with this card, you probably don’t need to pay for the insurance that your cell phone provider may offer.

Cardmembers get up to $600 in cell phone protection coverage when you pay your cell phone bill with your card. This benefit has a $25 deductible and can be used up to two times in a 12-month rolling period. Terms apply.

Wells Fargo Rewards portal access

When you shop online, or even in-store, Wells Fargo has a shopping portal to help you increase your reward earnings even faster.

The Earn More Mall pays you up to an extra 10 points per dollar when you shop at participating retailers. Many other travel rewards shopping portals, like American Airlines AAdvantage eShopping, can only be used by shopping online — not in person.

The bottom line

So, is it worth it?

There are many $0 annual fee credit cards available, but many don't offer perks or points earning opportunities. Compared to them, the Wells Fargo Propel American Express® card delivers oversize value. This card earns rewards that cover many categories, while offering great benefits and options to earn more rewards when shopping. Terms apply.

So, if you're set on adding a credit card without an annual fee to your wallet, the Wells Fargo Propel American Express® card is worth considering.

The Wells Fargo Propel American Express® card is no longer accepting new applications.

How to maximize your rewards

You want a travel credit card that prioritizes what’s important to you. Here are some of the best travel credit cards of 2024:

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