Wells Fargo Introduces New American Express Card
The new card comes with an introductory offer of 0% APR for 15 months, with an ongoing APR of 12.40% to 26.24%, depending on your credit worthiness. The card has no annual fee, but does have a 3% balance transfer fee as well as a 3% foreign transaction fee.
In addition, the card comes with some attractive rewards:
- Earn triple rewards points on U.S. gas purchases.
- Earn double points on U.S. restaurant charges.
- Earn an extra 10% on rewards points if they maintain a qualifying Wells Fargo checking or savings account or a PMA Package.
- Combine their Wells Fargo rewards points.
“In 2014, we launched our first two Propel American Express Cards as part of our goal to earn more of our customers’ business,” said Beverly Anderson, head of Consumer Financial Services for Wells Fargo. “Since then, we have heard from our customers that they like the Propel 365 Card and Propel World Card but wanted us to find a way to offer a card with similar features without paying an annual fee–so that’s what we did.”
Wells Fargo customers can apply online, over the phone or at a branch.