The Pursuing Points Podcast: Credit Cards | Points and Miles | Travel

PPP: 023 – Signing up for the Wells Fargo Propel Amex


Listen Later

I recently hit the $25k spend requirement on my Delta Platinum Amex to qualify for a 10k MQM and 10k SkyMiles bonus. I got that card when I was traveling a lot for both work and pleasure, exclusively on Delta. These days i'm still traveling, but not with nearly the frequency. When I do travel i'm generally sitting in first anyway as a result of upgrades using either cash or miles. While the Delta Platinum Amex has served me well I knew I needed to start looking for other cards to add to my wallet before long.

After doing my research while writing the Wells Fargo Propel review, I decided it was the next card for me. As of the time of this podcast's recording, the Wells Fargo Propel Amex sign-up bonus is a cool 30k points after spending $3,000 in 3 months. That equates to $300 in cash plus the other $30 or so i'll earn from meeting the minimum spend requirement. The card earns 3x on major categories such as; dining, travel, streaming services, and more. It also comes with $600 mobile phone insurance. Oh ya, and theres no annual fee! While the sign-up bonus could've been bigger, when its free you don't have much to complain about. Compared to similar cards like the Amex Magnet, Chase Freedom Unlimited, and the Uber Visa; it blows them out of the water.

Before applying I went through my typical process which involves checking my credit score, and answering these questions. A wise man once said "If you want to go fast, go slow". While I was pretty sure I wanted this card, it paid to take it slow and go through my normal process before hitting submit on the application.

After applying for the card on the podcast I was instantly approved and should have the card within 5-7 business days. My immediate plans are to use it for Spotify + Netflix + ATT, as well as any other bonus category during the sign-up bonus period. For non bonus spend ill continue to use my Freedom Unlimited.

On a future podcast I plan on doing a credit card spring cleaning of sorts, marking cards for retention and calling on them. If i'm able to secure a bonus then I may keep the card, otherwise ill most likely cancel. Stay tuned.

What are your thoughts on the Wells Fargo Propel? Will you sign up? Why or why not?
...more
View all episodesView all episodes
Download on the App Store

The Pursuing Points Podcast: Credit Cards | Points and Miles | TravelBy Peter Foti: Credit Card Aficionado and World Traveler