[Rumor] Wells Fargo Propel Revamp Information

Update: According to a normally reliable justinsidebieber the card will launch on July 30th, 2018. It will be 3x on dining, travel & gas (looks like maybe they replaced streaming services with travel?). Sign up bonus will be 30,000 points after $3,000 in spend. Unfortunately Wells Fargo has a one bonus per 15/16 month rule. This still bodes well for the Propel World & Propel 365 offering competitive bonuses and good category bonuses.

Wells Fargo discontinued the Propel & Propel 365 cards on February 11th, 2018. The Wells Fargo Propel World card is still available for sign up and is one of the best credit card bonuses currently offered. The plan was always to revamp the Propel line of cards and we finally have some potential information regarding the Propel card, according to an inside source the card will offer:

  • 3x points on travel, dining and popular streaming services

The card refresh is due to happen on June 23rd. Currently this card offers:

  • 3X points at U.S. gas stations
  • 2X points at U.S. restaurants
  • 1X points on all other purchases
  • No annual fee
  • 10% bonus points when maintain a qualifying consumer Wells Fargo Checking or Savings Account, or PMA® Package

When it was previously offered it had no sign up bonus. I don’t think the product revamp is particularly exciting as it’s possible to earn more on other cards for travel & dining purchases. That being said, offering 3x categories on a no annual fee card does bode well for potential changes they might make to the Propel 365 and Propel World cards.

 

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