Underrated Reasons Why You Need a Wells Fargo Propel American Express Card

This card offers travel and cell phone protections, on top of allowing cardholders to redeem rewards.
Feb 5, 2021

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If you’re hesitant to get the Wells Fargo Propel American Express® card or are uncertain about the good that can come from it, there are several lesser-known benefits you should consider before making a decision. Here's what you need to know about the card.

But first: The well-known reasons

Here are a few of the well-known benefits of the Wells Fargo Propel American Express® card:

  • $0 annual fee.

  • 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.

  • Point earnings: Earn 3 points per dollar spent on eating out and ordering in, gas stations, rideshares, transit, flights, hotels, homestays, car rentals and over a dozen popular streaming services.

The underrated reasons

Points never expire as long as your account stays open

Managing multiple expiration dates across credit card rewards programs can be a hassle. Thanks to this credit card’s generous policy, however, you never need to worry about redemption deadlines. With Wells Fargo’s Go Far Rewards program, you can redeem rewards for cash, charitable donations, merchandise, gift cards and travel.

Cell phone protection

If you pay your monthly cell phone bill with your card, you can automatically enjoy up to $600 in protection for eligible cell phones that are damaged or stolen. You can make two claims per 12-month period.

You can pay off your credit card with points

Wells Fargo lets cardholders use their rewards points to pay off the principal on their credit card in $25 increments for 2,500 points.

No foreign transaction fees or foreign currency conversion fees

For travelers headed outside of the U.S., you can use your Wells Fargo Propel American Express® card on purchases without getting dinged for any foreign transaction fees.

Automatic point redemptions

Another underrated reason to get this credit card is that you can set up automatic redemptions to receive gift cards, paper checks or a cash reward deposited into an eligible account. Once your rewards balance reaches 2,500, the automatic redemption of your choice can occur.

Add authorized redeemers to your rewards account

You can add another Wells Fargo customer to your rewards account as an “authorized redeemer,” which can be helpful especially for families. This gives your loved ones unique access to booking rewards travel or earning gift cards without your hands-on management.

Travel protection perks

Lost luggage reimbursement, car rental loss and damage insurance, roadside assistance, 24/7 travel and emergency assistance and emergency cash advances can help ease travel hiccups and issues for travelers carrying their Wells Fargo Propel American Express® card.

The bottom line

With a $0 annual fee and opportunities to earn accelerated rewards (that never expire) on frequent purchases like restaurants, travel and Netflix, there are a lot of underrated reasons why the Wells Fargo Propel American Express® card is a good choice for those looking for a simple rewards card.

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 our picks for the best travel credit cards of 2022, including those best for:

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