Wells Fargo & Company (NYSE: WFC) and American Express (NYSE: AXP) today launched the new Propel 365 and Propel World credit cards, which will be available for Wells Fargo customers and accepted on the American Express network. The new cards, issued by Wells Fargo, offer customers the ability to maximize everyday spending to earn rewards faster, enjoy rich and competitive offers, benefit from enhanced protections while shopping and traveling, and receive advance access to entertainment, merchant discounts and a dedicated concierge service.
There is no expiration or earning cap on rewards points for Propel cardholders and as part of the Wells Fargo Rewards ® Program, they can combine rewards accounts associated with different Wells Fargo credit card products. Additionally, cardholders will enjoy many great redemption options as well as the Earn More Mall ® feature available at MyWellsFargoRewards.com. Wells Fargo customers can apply for the cards through mail, online, phone and 6,000 retail store locations.“We have worked closely with Wells Fargo to deliver an excellent suite of benefits and services to their new Propel cardholders,” said William Stredwick, senior vice president, Global Network Partnerships, North America, American Express. “The new Propel products offer everything from early ticket sales to some of the most popular concerts coming out today, as well as discounts from leading brands and extraordinary travel offers and packages, allowing Propel cardholders to enjoy the numerous advantages associated with the American Express brand together with the outstanding rewards and services offered by Wells Fargo.” Additional details about both Propel World and Propel 365 can be found at www.wellsfargo.com/getpropel. The card issuing partnership between Wells Fargo and American Express was originally announced on August 7, 2013. About the Joint History between Wells Fargo and American Express In 1850, Henry Wells, William G. Fargo and John Butterfield joined to establish the American Express Company to transport packages, valuables, and goods. In 1852, Henry Wells and William Fargo formed Wells Fargo & Company to extend reliable banking and express service to the Pacific Coast following the discovery of gold in California. John Butterfield, American Express founder and Vice President, maintained the American Express business based in New York, expanding its East Coast operations, while Henry Wells and William Fargo served as the first and second president of American Express, respectively.
About Wells FargoWells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.5 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 locations, 12,500 ATMs, and the internet ( wellsfargo.com), and has offices in 36 countries to support customers who conduct business in the global economy. With more than 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2013 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially. Wells Fargo perspectives are also available at blogs.wellsfargo.com. About American Express American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at americanexpress.com and connect with us on facebook.com/americanexpress, foursquare.com/americanexpress, linkedin.com/companies/american-express, twitter.com/americanexpress, and youtube.com/americanexpress. Since 1997, American Express has partnered with a select group of leading banks and financial institutions around the world to issue American Express-branded products and acquire merchants on to the American Express merchant network. By leveraging its partnerships, global infrastructure and the powerful appeal of the brand, American Express has gained even broader reach for its network worldwide.