The Insider Picks team writes about stuff we think you’ll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase.
- Wells Fargo is launching a new rewards credit card, a revamped iteration of its Propel Card.
- The card will earn 3x points per dollar spent on dining, transit and travel, and streaming services, and 1x point on everything else. Points can be redeemed at 1¢ each toward cash, gift cards, travel, or more.
- The new Propel will have no annual fee.
- The card directly competes with premium products like the Chase Sapphire Reserve, although that card potentially offers a higher redemption value.
- Applications for the new Propel will be available on July 16.
Wells Fargo is announcing a new rewards credit card today that will offer one of the more compelling rewards programs available, taking direct aim at the premium products offered by issuers like Chase.See the rest of the story at Business Insider
See Also:
- Hilton is running a last-minute deal on its AmEx credit cards — the welcome bonuses are up to 25,000 more points than usual
- 8 of the coolest new sneaker styles releasing today — and where you can buy them
- This affordable swimsuit company fits their designs on their employees instead of fit models — 5 of us tried them and they fit each of us incredibly well
SEE ALSO: Chase’s Sapphire Reserve credit card has a high annual fee — but here’s why it’s worth it
