May 21, 2014, 10:21 am
Last edit by: Superorb
These are Amex-network cards, issued and administered by Wells Fargo. American Express acts as the transaction processing network, in the same way that VISA process transactions for other Wells Fargo cards. Amex-network cards do not count against your four credit card limit with American Express, nor will you deal with American Express customer service.
There have been several data points that people on work visas don't qualify, only US citizens and permanent residents do. However some people with visas have also received this card.
If you have some relationship with wells fargo, less verification info is asked so keeping a checking with WF can be a good way to improve your chances.
Wells fargo also restricts CC signup bonuses to 1 per person lifetime. Some people have also reported one per address so YMMV.
You can have both types of Propel cards open simultaneously.
It easily takes 90-120 days after meeting the spend for the bonus to post.
Airline Fee Credit
Once per anniversary year.
It appears that one can wait until after the annual fee is charged, the get a second reimbursement of an airline expenditure, and then cancel to get the annual fee refunded.
Examples of airline related charges that have been reimbursed:
1. Gift cards of most airlines
2. BA award ticket taxes
3. AA award ticket taxes (booked via phone)
4. LH award redeposit fee (charged via phone)
5. Amazon GC through UA shopping app.
Examples of airline related charges that have NOT been reimbursed:
1. AS award date change fee ($125, charged online)
There have been several data points that people on work visas don't qualify, only US citizens and permanent residents do. However some people with visas have also received this card.
If you have some relationship with wells fargo, less verification info is asked so keeping a checking with WF can be a good way to improve your chances.
Wells fargo also restricts CC signup bonuses to 1 per person lifetime. Some people have also reported one per address so YMMV.
You can have both types of Propel cards open simultaneously.
It easily takes 90-120 days after meeting the spend for the bonus to post.
Airline Fee Credit
Once per anniversary year.
It appears that one can wait until after the annual fee is charged, the get a second reimbursement of an airline expenditure, and then cancel to get the annual fee refunded.
Examples of airline related charges that have been reimbursed:
1. Gift cards of most airlines
2. BA award ticket taxes
3. AA award ticket taxes (booked via phone)
4. LH award redeposit fee (charged via phone)
5. Amazon GC through UA shopping app.
Examples of airline related charges that have NOT been reimbursed:
1. AS award date change fee ($125, charged online)
Wells Fargo 40k/$3k-3mo Propel World & 20k/$3k-3mo Propel 365 Amex
Apr 27, 2015, 1:19 pm
#500
Join Date: Jun 2012
Posts: 27
Data point: Applied today for self and wife and received instant approval on both, $8k CL and 5k respectively. Wife is 60+ days since last app. I'm 90+. We're both 790+ cs. About a month ago, I opened two Way2Save online savings accounts with Wells Fargo and put $500 in each, figuring it would improve my chances (I'll cancel in a few months). Never had to set foot in a branch.
Apr 27, 2015, 2:05 pm
#502
Join Date: Jan 2013
Posts: 186
Both my wife and I applied on Friday. Got denied citing "lack of relationship". Opened a checking account online for each of us. Called today and my application was approved. My wife's was again denied for too many credit inquiries. I was told the application is good for 60 days and to use the checking account and call back within the 60 days to have the "relationship" re-evaluated. Sheesh.
Apr 28, 2015, 3:19 pm
#503
Join Date: Jul 2012
Location: STL
Programs: Hyatt Platinum, Hilton Gold
Posts: 521
With the AF fee coming up, I elected to close this card. I called WF and told them I wanted to close the card and they were more than happy to do so, lol.
No retentive offer or anything. Nice customer service, though.
No retentive offer or anything. Nice customer service, though.
Apr 29, 2015, 10:56 am
#504
Join Date: Oct 2014
Posts: 19
Has anyone ever actually dealt with a Wells annual fee before? I was told by a CSR yesterday that there is no time limit per se before which an annual fee can no longer be refunded. Given that my annual fee is set to post on May 1, I asked her if this meant that I could cancel in December and still have my fee refunded, to which she responded yes.
I couldn't believe it so I asked her to notate in my account exactly what she told me. I intend to call up after my fee posts and speak with someone else to see if they can confirm what the first representative told me.
I couldn't believe it so I asked her to notate in my account exactly what she told me. I intend to call up after my fee posts and speak with someone else to see if they can confirm what the first representative told me.
Apr 29, 2015, 11:43 am
#505
FlyerTalk Evangelist
Join Date: Mar 2006
Location: DFW
Programs: AA 1M
Posts: 31,471
Has anyone ever actually dealt with a Wells annual fee before? I was told by a CSR yesterday that there is no time limit per se before which an annual fee can no longer be refunded. Given that my annual fee is set to post on May 1, I asked her if this meant that I could cancel in December and still have my fee refunded, to which she responded yes.
I couldn't believe it so I asked her to notate in my account exactly what she told me. I intend to call up after my fee posts and speak with someone else to see if they can confirm what the first representative told me.
I couldn't believe it so I asked her to notate in my account exactly what she told me. I intend to call up after my fee posts and speak with someone else to see if they can confirm what the first representative told me.
Apr 29, 2015, 1:27 pm
#507
Join Date: May 2013
Posts: 747
Apr 30, 2015, 2:27 pm
#508
Join Date: Dec 2006
Posts: 161
I just applied for this card and got it with a $2500 limit. From a business viewpoint I wonder about the wisdom of issuing the card with that low a limit. Cards companies usually put a generous bonus offer on a travel card in the hope of capturing a customer who will stay with them, pay the annual fee, and be a reasonable spender and borrower.
However, it is hard to find a good reason why someone would pay $175 per year for a card with these benefits and a $2500 limit (this would not cover the tickets for my family of six to many destinations, not to mention hotel charges, etc). However, it is easy to imagine why someone who got this card with this limit would figure out a way to use it enough to get the 40,000 points and $100 for incidental charges, and then stoop using it, and cancel before the fee was due.
I call to protest and first was told they could not look do anything until the card issued and they had a card number, and to call back in two days. I called back and they said I had to have the actual card with the number before they could do anything. I got the card today and called and CSR entered data again, and got that I needed tot talk to an actual person. I reached a person who asked to pull a credit report. I pointed out I had been told it would not be necessary and they could use the old one. She apologized, and took and asked income questions etc. She then asked for two years of tax returns to document my claimed income (based on earning about a 2% return on my net worth).
I confessed the income tax returns would not show the income claimed since to minimize taxes, I only took withdrawals from accounts where withdrawals created taxable income, as needed to cover expenses, but did offer to document a annuity contracts with a reasonable amount of money (over 8 million) all of which could be wired to my bank if I asked.
She finally agreed to ask someone, and was told that this documentation would be acceptable. I faxed it in, and are moderately optimistic since I at least would take a credit risk and offer $20,000 credit line to someone who could lay hands immediately on the amount of the line many times over (and who had a credit report showing no lates in over 20 years of borrowings, etc.) This may help a few who are asset rich, but whose "income" is not that high.
However, it is hard to find a good reason why someone would pay $175 per year for a card with these benefits and a $2500 limit (this would not cover the tickets for my family of six to many destinations, not to mention hotel charges, etc). However, it is easy to imagine why someone who got this card with this limit would figure out a way to use it enough to get the 40,000 points and $100 for incidental charges, and then stoop using it, and cancel before the fee was due.
I call to protest and first was told they could not look do anything until the card issued and they had a card number, and to call back in two days. I called back and they said I had to have the actual card with the number before they could do anything. I got the card today and called and CSR entered data again, and got that I needed tot talk to an actual person. I reached a person who asked to pull a credit report. I pointed out I had been told it would not be necessary and they could use the old one. She apologized, and took and asked income questions etc. She then asked for two years of tax returns to document my claimed income (based on earning about a 2% return on my net worth).
I confessed the income tax returns would not show the income claimed since to minimize taxes, I only took withdrawals from accounts where withdrawals created taxable income, as needed to cover expenses, but did offer to document a annuity contracts with a reasonable amount of money (over 8 million) all of which could be wired to my bank if I asked.
She finally agreed to ask someone, and was told that this documentation would be acceptable. I faxed it in, and are moderately optimistic since I at least would take a credit risk and offer $20,000 credit line to someone who could lay hands immediately on the amount of the line many times over (and who had a credit report showing no lates in over 20 years of borrowings, etc.) This may help a few who are asset rich, but whose "income" is not that high.
This gives some people here a chance to have the card for a year, and to benefit from its bonuses.
Apr 30, 2015, 4:22 pm
#509
Join Date: Apr 2014
Posts: 57
From the FAQ:
If your Wells Fargo consumer Credit Card is closed for any reason, the rewards currency associated with that contributing account will be forfeited on the date of closure. Any Pending rewards currency associated with that contributing account will also be forfeited.
https://www.mywellsfargorewards.com/#/FAQ
This means I must use all of my points before cancelling my card, correct?
If your Wells Fargo consumer Credit Card is closed for any reason, the rewards currency associated with that contributing account will be forfeited on the date of closure. Any Pending rewards currency associated with that contributing account will also be forfeited.
https://www.mywellsfargorewards.com/#/FAQ
This means I must use all of my points before cancelling my card, correct?
Apr 30, 2015, 5:16 pm
#510
Join Date: Jan 2013
Posts: 186
From the FAQ:
If your Wells Fargo consumer Credit Card is closed for any reason, the rewards currency associated with that contributing account will be forfeited on the date of closure. Any Pending rewards currency associated with that contributing account will also be forfeited.
https://www.mywellsfargorewards.com/#/FAQ
This means I must use all of my points before cancelling my card, correct?
If your Wells Fargo consumer Credit Card is closed for any reason, the rewards currency associated with that contributing account will be forfeited on the date of closure. Any Pending rewards currency associated with that contributing account will also be forfeited.
https://www.mywellsfargorewards.com/#/FAQ
This means I must use all of my points before cancelling my card, correct?