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Does anyone have data points on WF propel?

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Andypanda
Established Contributor

Does anyone have data points on WF propel?

I am debating between WF propel and amex BCe for grocery usage. I have a reltaionship with wells fargo (and wells fargo adivsors). I have had no problems with WF, and refuse to part ways with my broker. I have assets in WF and advisors of about $2.9 million. I plan on applying for one in june after HP's from cap1, citi and target will have aged a year. Any DP's for WF propel would be helpful.

 

Thanks 

Andy

Message 1 of 14
13 REPLIES 13
northface28
Established Contributor

Re: Does anyone have data points on WF propel?

$2.9 million dollars????? (Soulja boy voice) Given the history of WF and their tactics I wouldn’t feel comfortable with $2.90 with them. Anyway, I don’t think the propel is a tough card to get. 

BK Discharged 9/11

Cap1 Quiksilver Visa Signature $41k| Discover IT $24k| Barclays Uber VISA $16.2k|BOA Cash Rewards $8.4k| BOA BBR $6k|AMEX Cash Magnet $12.8k|AMEX BCP $16.6k|Huntington Voice $5.5k|Citi Double Cash $5.7k| US Bank Cash+ $6.5k
Message 2 of 14
Anonymous
Not applicable

Re: Does anyone have data points on WF propel?

I'm betting you're in a much better position to get this card than I but here's the DPs from my recent experience and decline. 

 

At time of app: Got 7-10 day message. Pulled Ex (686) and TU (682). AAoA 6 mos, AoYA 3 mos, INQS 8, 8/12. Reasons for denial: 1) Length of time credit established. (Fair enough, oldest account was not quite at 1 year. 2) Amount of inquiries. 

 

Considering recon since they double pulled me. Might as well take a shot. 

Message 3 of 14
Andypanda
Established Contributor

Re: Does anyone have data points on WF propel?


@northface28 wrote:

$2.9 million dollars????? (Soulja boy voice) Given the history of WF and their tactics I wouldn’t feel comfortable with $2.90 with them. Anyway, I don’t think the propel is a tough card to get. 


I’ve never had problems with wf. Most of my assests are in my brokrage accounts, and I mt broker is a close friend of the family. Wells fargo was actually very helpful when my father died. I might be one of tge few people happy with WF, but I don’t have any reason to go through the hasske of changing financial institutions,

Message 4 of 14
Anonymous
Not applicable

Re: Does anyone have data points on WF propel?

With numbers like that, I would be offended if you get denied the Propel. That would get me to move everything elsewhere to be honest. 

 

If I had that kind of capital though, I would just have charge cards 😂 

Message 5 of 14
redpat
Senior Contributor

Re: Does anyone have data points on WF propel?

WF Private Bank clients get the Visa Sig that comes w/ additiaonal perks.  The also get special financing for Real Estate.

 

OP, I would think you would know about the special services that WF private bank offers.

Personal Cards: Amex Delta Res | CSR | Citi AA Exec Business Cards: Ink+ | Amex BBP
Message 6 of 14
Loquat
Moderator Emeritus

Re: Does anyone have data points on WF propel?

OP I was able to pick up this card with a DC'd BK13 on my TU report and I burned them in my BK13 as well.  

Message 7 of 14
AverageJoesCredit
Legendary Contributor

Re: Does anyone have data points on WF propel?

Got it by just just being average and $2.90 IS my assetsSmiley Happy
Message 8 of 14
pinkandgrey
Senior Contributor

Re: Does anyone have data points on WF propel?

I can’t speak for the WF, but I love my BCE and the straight cash back on groceries adds up fast! AJC recently got the Propel. Talk to him lol

Discover It: 26.5k
Fidelity Visa: 21.5k
Amex Cash Magnet: 20k
Apple Card: 9k
Message 9 of 14
Shooting-For-800
Senior Contributor

Re: Does anyone have data points on WF propel?

Lowest SL I have received in years but Ihave no relationship with them and certainly not $3MM.

 

I would think Amex would be better or of course you could both.

Rebuild started in 2014  -  $100k unsecured credit in 2017  -  $500k unsecured credit in 2024.

DON'T WORK FOR CREDIT CARDS ... MAKE CREDIT CARDS WORK FOR YOU!



Message 10 of 14
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