Wells Fargo and American Express Introduce New Propel Card

Wells Fargo and American Express Introduce New Propel Card

Wells Fargo and American Express Introduce New Propel Card

The FINANCIAL -- The new Propel Card is designed for the independent and driven consumer – those taking advantage of all that life has to offer.

With Propel, cardholders’ everyday spending is maximized with triple rewards points – eating out and ordering in, travel including airfare, hotels, and car rentals, ride-sharing and mass transit, and popular streaming services. The new card, designed in encapsulated metal, allows cardholders to earn rich rewards without an annual fee, according to WF.

“We are listening to consumers to better understand and serve their needs holistically, and have heard directly from them on what they want most in a credit card. Based on that feedback, we are excited to offer one of the richest rewards credit cards in the industry, for no annual fee. 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,” said Bev Anderson, head of Wells Fargo Cards and Retail Services. “Wells Fargo is re-committed to fulfilling our customers’ needs by providing strong, experiential value through the new Propel Card, our best rewards card, for consumers who live their lives to the fullest and desire a credit card that rewards them for it.”

The Propel Card will be accepted at merchants that accept American Express. Through American Express, Propel cardholders also will have access to millions of presale tickets for concerts, sporting events, Broadway shows -- plus everyday discounts and offers on travel, restaurants and retailers across the U.S. and around the world. Existing Wells Fargo American Express Propel cardholders are automatically converted to receive the new Propel benefits.

“We have a long history with Wells Fargo and they are an important and valued partner,” said William Stredwick, senior vice president, Global Network Partnerships, North America, American Express. “We are delighted the newly enhanced Propel Card brings together the premium benefits provided by American Express, including pre-sale tickets, offers, and protections, with this new and outstanding rewards proposition offered by Wells Fargo.”