Wells Fargo Propel Card Calculator

The Wells Fargo Propel card is a rewards credit card that offers cash back and bonus categories. This calculator helps you estimate your potential earnings based on your spending patterns and card benefits.

How the Wells Fargo Propel Card Works

The Wells Fargo Propel card offers a unique rewards structure with three bonus categories that rotate quarterly. Each quarter, you'll earn 6% cash back in one category, 3% in another, and 1% in the third. The remaining spending earns 1% cash back.

Key Features

Quarterly rotating bonus categories
6% cash back in primary category
3% cash back in secondary category
1% cash back in tertiary category
1% cash back on all other spending

To maximize your rewards, you should align your spending with the current bonus categories. The calculator helps you project your earnings based on your estimated monthly spending in each category.

Worked Examples

Example 1: Groceries in Primary Category

If you spend $1,000 on groceries (primary category) and $500 on dining (secondary category), your earnings would be:

$1,000 × 6% = $60
$500 × 3% = $15
Total: $75

Example 2: Travel in Tertiary Category

If you spend $2,000 on travel (tertiary category) and $300 on gas (other), your earnings would be:

$2,000 × 1% = $20
$300 × 1% = $3
Total: $23

FAQ

How often do the bonus categories change?

The bonus categories rotate every quarter (every 3 months). Wells Fargo announces the new categories at the beginning of each quarter.

Can I change my bonus categories?

No, the bonus categories are set by Wells Fargo and rotate automatically. You can only choose which card to use for each purchase.

Are there any annual fees?

Yes, the Wells Fargo Propel card has an annual fee of $95. You must spend at least $1,500 in the first 3 months to avoid the fee.

How do I redeem my rewards?

You can redeem your rewards as a statement credit, check, or gift card. The minimum redemption amount is $25.