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
May 27, 2014, 7:20 pm
#166
Join Date: Jul 2010
Posts: 163
I've had the card for a few days -- maybe a week. Received a notice in today's mail assigning a PIN to my card. This is the PIN that's to be used for Chip & PIN transactions. There is no way to change this PIN to one of my own choosing. I confirmed that with a telephone CS rep. This is pretty surprising to me. I hope I don't get amnesia at the wrong time, trying to remember a randomly assigned PIN.
I guess I could always write the PIN on the back of the card.
(j/k)
I guess I could always write the PIN on the back of the card.
(j/k)
May 27, 2014, 8:00 pm
#167
Join Date: Apr 2002
Location: NYC, HNL
Programs: AA 2MM LT PLT, DL PM, BA Gold, UA Gold, Bonvoy LT PLT
Posts: 669
From purely a math standpoint, and if I understand the programme correctly, offering 1 cent per point for flights implies that it is always an inferior option to a point redemption for statement credit:
Assume the point balance is 40,000 and the point exchange is 1 cent per point for airfare, then
Option 1: Redeem 40,000 points for a $400 or flight, remaining balance 0
Option 2: purchase a $400 flight using the card, earn 1,200 points for flight purchase, redeem 40,000 points for $400 statement credit, remaining balance 1,200
In both scenarios, the flight is paid for with points (albeit with different methods), but with option 2 one also earns points for the flight purchase.
May 27, 2014, 8:16 pm
#168
Join Date: Jun 1999
Location: NYC/LA
Programs: DL Plat, AA Plat Pro, Marriott Titanium, IHG Diamond Amb
Posts: 7,489
Not to mention that most of us would consider booking flights using a bank's travel portal inferior to just booking directly from the airline's own web site.
May 28, 2014, 12:31 am
#169
Formerly known as FTRox87
Join Date: Sep 2012
Location: TX
Programs: AA/US 1M, AS, BA, CX, EK, EY, JL, KE, LH, NH, OS, QF, QR, TG, UA/CO | *$G
Posts: 1,428
yeah no kidding, this is a bit of a let down. at this point might as well redeem for CB since you can always get a much better deal booking elsewhere.
May 28, 2014, 1:49 pm
#172
Join Date: Feb 2007
Posts: 754
Can't tell if I'm approved or not. The phone line says approved, but for the same credit line as my WF card 6mo ago.....
EDIT: Called the number in my pending application email. It was approved, with the same limit as my WF 5%. Just a coincidence.
EDIT: Called the number in my pending application email. It was approved, with the same limit as my WF 5%. Just a coincidence.
Last edited by tjbrooks; May 28, 2014 at 5:19 pm Reason: added info
May 28, 2014, 6:26 pm
#173
Join Date: Jun 2011
Posts: 56
Denied.
Credit over 750; only 7 inquiries since 1/1/13, about 98 days since last app.
What is the point of looking at my credit score if the bank wants me to also have a relationship with them?
Annoyed at the denial, but seems out of my hands. If they don't want my business, they don't get it.
Credit over 750; only 7 inquiries since 1/1/13, about 98 days since last app.
What is the point of looking at my credit score if the bank wants me to also have a relationship with them?
Annoyed at the denial, but seems out of my hands. If they don't want my business, they don't get it.
May 28, 2014, 9:28 pm
#174
Join Date: Dec 2009
Posts: 147
Wells appears to have made some pretty good improvements to their rewards program recently. It used to be that you had to use a minimum of 25K point to book domestic travel, now you can use any number of points towards any travel, you just pay the difference.
May 28, 2014, 11:13 pm
#175
Join Date: May 2013
Programs: Hyatt Platinum, IHG Platinum, Aadvantage Platinum
Posts: 180
I thought I'd just gotten lucky getting the Propel since my Fico ain't all that. Today I decided to set up an account to pay the credit card bill and see charges. By the way one has to call in to do this. They'll tell you to log in with your social and they give you a temp password.
So upon logging in I notice that they have my IRA linked. This is an IRA that was with Wachovia now Wells Fargo is a custodian of this IRA though it's run by the original managers elsewhere. I was told it won't help me qualify for bigger bonuses due to the custodial status. Yet, I can see the total that I have right there next to my credit card charges. Weird to mix the two.
This must be why Wells Fargo gave me the card since otherwise I have no banking relationship with them. I don't think they're approving willy nilly like I did at first.
So upon logging in I notice that they have my IRA linked. This is an IRA that was with Wachovia now Wells Fargo is a custodian of this IRA though it's run by the original managers elsewhere. I was told it won't help me qualify for bigger bonuses due to the custodial status. Yet, I can see the total that I have right there next to my credit card charges. Weird to mix the two.
This must be why Wells Fargo gave me the card since otherwise I have no banking relationship with them. I don't think they're approving willy nilly like I did at first.
May 28, 2014, 11:15 pm
#176
Join Date: May 2013
Programs: Hyatt Platinum, IHG Platinum, Aadvantage Platinum
Posts: 180
Does anyone know if I can buy Amex Gift Cards with the Wells Fargo Propel as purchase and not cash advance? I called to ask but they are pretty clueless. They do not allow setting the cash advance to zero.
Thanks to the person who mentioned their PIN coming under separate cover. I might have ignored the envelope otherwise. Luckily I like my PIN number.
Thanks to the person who mentioned their PIN coming under separate cover. I might have ignored the envelope otherwise. Luckily I like my PIN number.
May 28, 2014, 11:24 pm
#177
Join Date: May 2013
Programs: Hyatt Platinum, IHG Platinum, Aadvantage Platinum
Posts: 180
May 29, 2014, 6:22 am
#178
Join Date: Jul 2010
Posts: 163
Just want to add my data point concerning the speculation about the need to have a relationship with WF to improve one's chances of getting the Propel World MC: I do not now have, nor have I ever had, a relationship with WF/Wachovia other than my recently acquired Propel World MC. Other than submitting the application, the only thing I had to do to be approved was fax them a copy of my social security card.
May 29, 2014, 11:19 am
#180
Join Date: Oct 2003
Location: PDX/AUS
Programs: AA-UA-AS IHG-SPG-Carlson
Posts: 4,562
