AMEX GREEN vs. WELLS FARGO PROPEL! (Best Credit Cards for Travel or Cash Back?)

The American Express Green Card and Wells Fargo Propel Card are VERY SIMILAR, but there are some key differences that could make one the clear winner for you! Click “Show More” to see Ad Disclosure. 💳👉VIEW CREDIT CARD OFFERS! https://markscreditcards.com/offers 🛍 RAKUTEN - Earn Cash Back! http://markscreditcards.com/rakuten ‼️ GET FREE STOCKS FROM WEBULL when you open an account & deposit $100: http://markscreditcards.com/webull CREDIT CARD #1: AMEX GREEN CARD Welcome Bonus (March 2021) - Earn 45,000 Membership Rewards points after spending $2K in the first 6 mo. Approx. average value = $270 - $900. Annual Fee = $150 Earning Points 3X Travel 3X Transit 3X Restaurants 1X Other Purchases What Counts As Travel For Amex Green Card Airfare Hotels Cruises Tours Car Rentals Campgrounds 3rd-Party Travel Websites AmexTravel.com Trains Taxicabs Rideshares Ferries Tolls Parking Buses Subways Exclusions: Timeshares, banquets, events, vacation packages, prepaid hotels via 3rd parties (e.g. online travel agents), charter flights, private jet flights Redeeming Points - Travel (Amex Transfer Partners): 2.0¢ per point, average - Travel (Amex Travel Portal): 0.7¢ per point for hotels, car rentals, cruises & vacations | 1.0¢ per point for flights - Cash Back (Statement Credit): 0.6¢ per point Amex Green Card Benefits - Transfer Points: Transfer Amex points into other airline & hotel programs (e.g. Amex points  JetBlue TrueBlue points) - CLEAR Credit ($100/yr.): Get through security faster at select airports and stadiums nationwide - Airport Lounge Credit ($100/yr.): Get reimbursed for airport lounge day passes via LoungeBuddy app. - No Foreign Transaction Fees CREDIT CARD #2: WELLS FARGO PROPEL AMERICAN EXPRESS CARD Welcome Bonus: Earn 20,000 points after spending $1,000 in the first 3 months. Value = $200. Annual Fee = $0 Earning Points 3X Travel 3X Transit 3X Restaurants 3X Gas Stations 3X Streaming 1X Other Purchases What Counts As Travel For Wells Fargo Propel Card Airline Passenger railway Hotel & motel Timeshares Vehicle & auto rentals Cruise lines Travel agencies Discount travel sites Campgrounds Passenger trains Taxis Limousines Ferries Toll bridges and highways Parking lots Garages Redeem Points - Cash Back, gift cards, travel, etc. = 1.0¢ per point Wells Fargo Propel Card Benefits - Cell Phone Protection: Can reimburse the eligible Wells Fargo Consumer Credit Card cardholder for damage to or theft of a cell phone. Reimbursement is limited to the repair or replacement of your original cell phone, less a $25 deductible with a maximum benefit limit of $600 per claim and $1,200 per 12-month period. This benefit does not cover cell phones that are lost (i.e. disappear without explanation) - No Foreign Transaction Fees WHICH CARD IS BEST? AMEX GREEN CARD = best for travel redemptions (due to transfer partners) WELLS FARGO PROPEL = best for cash back redemptions (due to flat-rate of 1.0¢ per point) WHICH CREDIT CARD SHOULD YOU GET? Get the AMEX GREEN CARD if you… - Spend on: travel, transit, dining - Are an international traveler - Use CLEAR + lounge access - Value travel rewards with potential for massive value - Don’t mind rewards program complexity Get the WELLS FARGO PROPEL CARD if you… - Spend on: travel, transit, dining, gas, streaming - Are a domestic traveler / road tripper - Don’t use CLEAR + lounge access - Value cash back or basic travel rewards with flat-rate value - Want a simple rewards program Disclosure: This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Mark Reese is not a financial advisor. #creditcards #travelcreditcards #americanexpress