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Propel Card From Wells Fargo And American Express Offers Triple Reward Points

[Monday, July 16th, 2018]

Wells Fargo and American Express have announced changes to their no-annual-fee Propel card, making it an even better deal for customers who use streaming video services, order food and go out to restaurants, and travel frequently.

The newly enhanced Propel card will offer triple points on dining out and ordering in at establishments from fast food to fine dining. It will also give triple points for travel, including airlines, car rental, hotels, home-sharing stays, cruises, gas stations, ride sharing, railways, parking, taxis, and tolls.

Streaming services, such as Netflix and Hulu, will also offer triple points. All other purchases will earn one point per dollar spent.

Listening to consumers to better serve their needs

Bev Anderson, head of Wells Fargo cards and retail services, said the bank is committed to listening to customers so they can “better understand and serve their needs holistically.” She said customer feedback indicated that people wanted rewards in new categories.

“With triple points on most of what consumers do every day, the new Propel card complements their lifestyles—whether they are commuting to work or planning a summer vacation; whether they’re downloading a favorite TV series to binge watch or having dinner out with friends.”

Anderson called the Propel card the company’s “best rewards card” and said that Wells Fargo aims to provide “strong, experiential value for consumers who live their lives to the fullest and desire a credit card that rewards them for it.”

Perks for travelers and new cardholders

There are no foreign transaction fees or currency conversion fees, making the Propel card a good choice for international travel, and there are no limits on number of points you can earn. Points don’t expire as long as the account is open and in good standing.

The Propel card will be accepted anywhere that takes American Express, and through Amex, members will also have access to presale tickets for concerts, sporting events, and Broadway shows.

Folks who apply for a new Wells Fargo Propel card will earn 30,000 bonus points, which can be redeemed for $300 cash back, when they spend $3,000 on the card in their first three months of membership.

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