We love free things and we love rewards, it's just our human condition. And that's why we love rewards credit cards, they give us a pat on the back for spending. The rewards from the Wells Fargo card are pretty exciting.
You can take home a bonus of $200 for just spending through the card. Wells Fargo is a 168 year old bank in the United States dating back to 1852, and over the years, it has developed a customer-centric approach.
It has a wide range of financial products that customers seem to enjoy. The Wells Fargo Propel American Express Card with a $200 rewards bonus, however, is one of its most popular offerings. We've got more details on it next.
Key Features
The key features of this Wells Fargo Card include the following.
- Wells Fargo does not charge any annual fee.
- Wells Fargo offers significant accelerated rewards to its customers who are seeking for a great deal of value on their daily spend.
- Another interesting offer from these US heavyweights is that they’ve got a Cellular Telephone Protection program which offers a limited reimbursement of your regular cell phone if your terms are met and your claim gets approved.
Pros and Cons
Before applying for any card, one should always be aware of the negatives and positives behind it. Like every other credit card, Wells Fargo’s Propel American Express Card comes with its own pros and cons.
The pros of the card include the following.
- There is absolutely no limit on earning the bonus points and the points won’t expire if your account stays active regularly.
- Audiences can earn 3x points on gas stations, dining out, booking flights or hotels, car rentals or while even using popular online streaming sites.
- The Propel American Express Credit Card does not charge any fees on conversion of foreign currencies making it hands down the obvious choice among its peers.
The cons of the card include the following.
- A pretty low points reward rate (1x points) when spending on non-bonus categories.
- You cannot even transfer reward points from one account to another.
- It does not offer 3x rewards on groceries, like other popular cards.
You can learn more about the advantages and disadvantages by visiting the Benefits Guide of Wells Fargo.
Wells Fargo Credit Card Fees
Before applying for any credit card, you should definitely look for its fee structure. The below mentioned are the rates and fees for this Wells Fargo Card.
- Annual Fee - $0
- Introductory APR - 0.00% for the initial 12 months
- Standard APR - 14.49% to 24.99%
- APR for Cash Advances - 23.99% to 25.99%
- Minimum Interest Charge - Not less than $1
- Foreign Transaction Fee - $0
- Charges on late payment - Up to $37
You can study the fee structure by clicking on Rates and Fee structure.
Eligibility
The customer has to spend $1,000 in purchases in the first 3 months to earn a reward of 20,000 bonus points (or a $200 cash retrieval value).
You won’t be eligible for this offer if you’ve previously opened a Wells Fargo Credit Card account in the past 15 months of submitting this application.
Any US Citizen with a valid Social Security Number without any restrictions or an ITIN can be eligible for receiving a Wells Fargo Card.
How to Apply
Wells Fargo offers flexible card types to its customers, and its Propel American Express Card is the one offering a big fat bonus at the end.
All you have to do is open a suitable new Wells Fargo Credit Card account through their branch or online and opt for Wells Fargo’s Propel American Express Card.
Contact Details and Address
The phone numbers for Wells Fargo Card Office are mentioned below.
For existing credit cardholders: 1-800-642-4720
To redeem rewards: 1-877-517-1358
To apply via phone or online: 1-800-932-9521
To know more about Customer support, check out Contact Information.
Wells Fargo headquarters are located at 420, Montgomery Street, San Francisco, CA 94104, United States of America.
Conclusion
It's nice to receive something back on the money are already spending. With this Wells Fargo card, you can get $200 back for the hard-earned money you spend. As always, remember to check a few cards out before deciding on one.
Disclaimer: There are risks when you apply for or use a credit card. Be sure to read the Terms & Conditions page of the bank’s official website before you apply.
