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Wells Fargo is Relaunching the Propel Card

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Brian_Earl_Spilner
Credit Mentor

Wells Fargo is Relaunching the Propel Card

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Wells Fargo is Relaunching it's Propel card to compete with the Chase Saphire Reserve.

 

  • Wells Fargo is launching a new rewards credit card, a revamped iteration of its Propel Card.
  • The card will earn 3x points per dollar spent on dining, transit and travel, and streaming services, and 1x point on everything else. Points can be redeemed at 1¢ each toward cash, gift cards, travel, or more.
  • The new Propel will have no annual fee.
  • The card directly competes with premium products like the Chase Sapphire Reserve, although that card potentially offers a higher redemption value.
  • Applications for the new Propel will be available on July 16.

The sign up bonus will be 30,000 points($300) for $3,000 spend in 3 months.

 

Thoughts?

    
251 REPLIES 251
Anonymous
Not applicable

Re: Wells Fargo is Relaunching the Propel Card

I saw that this morning.

On one hand, I don't want to do business with Wells Fargo. On the other, this is ostensibly an attempt to move towards better customer service.

I wonder how this card stacks up to CSP/CSR considering it doesn't have an AF?
Message 2 of 252
pizza1
Community Leader
Super Contributor

Re: Wells Fargo is Relaunching the Propel Card

Ive never done any kind of business with WF, even CC, but me being a woman, I think the card is pretty LOL Smiley Happy
Message 3 of 252
AverageJoesCredit
Legendary Contributor

Re: Wells Fargo is Relaunching the Propel Card

Lol, pretty , I wont go that far. But if that's what the card looks like, dang it looks mighty sweet. I dont care what anyone says about WF, but some of their cards are absolutely stunning. I had the Amex in white with the horses, still one of my favs. I've seen one of their black cards with the gold horses. Sweet. Even my CW is better than mostSmiley Wink.
Message 4 of 252
Anonymous
Not applicable

Re: Wells Fargo is Relaunching the Propel Card

I am definitely interested in applying for the card and per this link it looks like it will come with a 12 month no interest period: https://www.wellsfargo.com/credit-cards/propel/terms/

 

 

Message 5 of 252
UncleB
Credit Mentor

Re: Wells Fargo is Relaunching the Propel Card

It's a nice upgrade, too bad the bonus will almost certainly be for new approvals and those of us who got (and still have) the old card with no bonus will miss out.  Smiley Sad

 

My sour-grapes aside, I always welcome another no-AF 3% travel card, and this will give me a reason to pull it back out of the sock-drawer.

 

Design-wise, I thought they knocked it out-of-the-park with the old one so I'm less-than-thrilled with the new red design but as long as it works I'll still use it, of course.  Smiley Indifferent

Message 6 of 252
pizza1
Community Leader
Super Contributor

Re: Wells Fargo is Relaunching the Propel Card


@AverageJoesCredit wrote:
Lol, pretty , I wont go that far. But if that's what the card looks like, dang it looks mighty sweet. I dont care what anyone says about WF, but some of their cards are absolutely stunning. I had the Amex in white with the horses, still one of my favs. I've seen one of their black cards with the gold horses. Sweet. Even my CW is better than mostSmiley Wink.

Of course not! You're a man! LOL  Ive been known to get a card just for its looks. (cough...Barneys comes to mind)..  Smiley Wink Something about those horses though, I like them. 

 

Message 7 of 252
Anonymous
Not applicable

Re: Wells Fargo is Relaunching the Propel Card

So, I have mystery shopped WF a lot and need to shut down 2 savings accounts that I don't plan on doing anything with but each time I go there they keep remindingg me that I am approved for a credit card... the $200 sub for the Cash Wise has been tempting me big time especially since they keep telling me that that there will be a major change to the Cash Wise at the end of June... I have some Chase cards I want more than Cash Wise and I'm 10/12.. but I'm going to hold off on Cash Wise and get this bad boy as soon as I get my Ink Preferred Smiley Happy

Message 8 of 252
FinStar
Moderator Emeritus

Re: Wells Fargo is Relaunching the Propel Card

Not a bad looking product for sure. I think I'll try it around August 😁

I already have 2 CCs with them, including the Propel World, which they discontinued a while ago. It would be interesting to see how this product will stack up once it's launched.
Message 9 of 252
AverageJoesCredit
Legendary Contributor

Re: Wells Fargo is Relaunching the Propel Card


@pizza1 wrote:

@AverageJoesCredit wrote:
Lol, pretty , I wont go that far. But if that's what the card looks like, dang it looks mighty sweet. I dont care what anyone says about WF, but some of their cards are absolutely stunning. I had the Amex in white with the horses, still one of my favs. I've seen one of their black cards with the gold horses. Sweet. Even my CW is better than mostSmiley Wink.

Of course not! You're a man! LOL  Ive been known to get a card just for its looks. (cough...Barneys comes to mind)..  Smiley Wink Something about those horses though, I like them. 

 


Haha, i understand PizzaSmiley Happy. One look at the new Amex Magnet card and i was hookedSmiley Wink

Message 10 of 252
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