WELLS FARGO PROPEL Card Review! (Cash back credit card no annual fee)

It’s time for a Wells Fargo Propel American Express Card review! Click "Show More" to see Ad Disclosure. I actually have this credit card in my wallet for a number of reasons, 2 of them being: - It’s one of the best cash back credit cards with no annual fee - It’s a metal credit card with no annual fee :D Actually, that 2nd reason isn’t much of a reason, so instead I’ll say that is has AMAZING cash back rewards :D 💳👉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 SIGNUP BONUS You’ll earn 20,000 rewards points worth $200 cash back after spending $1,000 in the first 3 months of card membership. There’s also a 0% APR promo period for 12 months on new purchases and balance transfers. POINTS (“cash back”) Here are the categories in which you’ll earn rewards points that can be turned into cash: 3X Travel 3X Transit 3X Dining 3X Gas Stations 3X Streaming Services 1X Everything Else Here is what Wells Fargo / Amex considers as ‘travel’ … ‘transit’ … and ‘streaming’ as of September 2020. TRAVEL & TRANSIT… Airline, passenger railway, hotel and motel, timeshares, vehicle and auto rentals, cruise lines, travel agencies, discount travel sites, campgrounds, passenger trains, taxis, limousines, ferries, toll bridges and highways, parking lots, and garages. STREAMING… https://www.wellsfargo.com/credit-cards/propel/streaming VALUE OF POINTS Your Wells Fargo Propel card point are worth 1¢ each when redeemed for any of the following: cash back, travel, gift cards, merchandise, digital lifestyle purchases, auctions, and other limited-time offers. That means 3X points = 3% cash back. ANNUAL FEE There’s NO annual fee on the Wells Fargo Propel Amex card. HOW MANY POINTS DID I EARN? In order to see how many points you earned for each transaction, follow these steps: 1. Log in, then choose GO FAR REWARDS 2. Select the ‘More’ menu in the top right 3. Choose the ‘My Rewards’ drop-down menu, then ‘Account Activity/Orders’ 4. View the itemized breakdown of all your purchases and how many rewards points were issued REDEEMING POINTS: Note that there’s a minimum redemption requirement of 2,500 points ($25) in order to cash your points out. You must also redeem in 2,500-point / $25 increments. INSURANCE + PROTECTIONS https://www.wellsfargo.com/credit-cards/propel/guide-to-benefits SHOULD YOU GET IT? YES if you… - Want a cash back card w/ no AF - Spend in 3X categories: travel, transit, dining, gas, and streaming - Want cell phone protection NO if you… - Want travel transfer partners - Have a lot of non-bonus spend - Want 1 card for all purchases - Prefer Visa / Mastercard for wider acceptance GOOD TO KNOW / OTHER INFO - No foreign transaction fees - No limit to amount of points you can earn - Points don’t expire as long as your account is open - Wells Fargo = ‘relationship bank’ | Best to have banking relationship before applying. If you’re looking to run a multi-card setup, here are some other cash back credit cards that you might consider using alongside the Wells Fargo Propel American Express card: - Bank of America Cash Rewards Card - Discover it Cash Back Credit Card - Wells Fargo Platinum Credit Card - US Bank Altitude Go card - US Bank Cash Plus credit card - Citi Double Cash Card - Chase Freedom Flex card - PayPal credit card (PayPal Cashback Mastercard) - Amazon credit card (Amazon Prime Rewards Visa Signature Card) - Walmart credit card (Capital One Walmart Rewards Card) - Target credit card (Target REDCard) - Capital One Savor card - Capital One Quicksilver card - Sam’s Club credit card (Sam’s Club Mastercard) 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 #cashback #wellsfargo