SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE:WFC) launched its new Wells Fargo Propel American Express^® Card, the third offering in the company’s suite of American Express Cards including the Propel 365 Card and Propel World Card. The new Card has no annual fee¹ and offers customers the ability to maximize everyday spending to earn rewards faster, the ability to participate in the Wells Fargo Rewards ^® Program ¹ and access to a suite of purchase and travel protections².

“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.”

The new Wells Fargo Propel American Express Card maximizes a Cardholder’s everyday spending by offering triple rewards points on U.S. gas purchases and double points on U.S. restaurant charges. Propel Cardholders can also take advantage of an annual Wells Fargo relationship bonus to earn an extra 10 percent on their rewards points by maintaining a qualifying Wells Fargo checking or savings account or a PMA ^® Package.

As part of the Wells Fargo Rewards ^® Program, Cardholders 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 online, over the phone or by visiting one of our 6,000 retail store locations. For additional details, visit www.wellsfargo.com/credit-cards/propel.

This credit card program is issued and administered by Wells Fargo Bank, N.A., pursuant to a license from American Express. American Express is a federally registered service mark of American Express.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.8 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through 8,700 locations, 12,800 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 36 countries to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 30 on Fortune’s 2015 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Wells Fargo perspectives are also available at Wells Fargo Blogs and Wells Fargo Stories.

¹ Full Terms and Conditions, including information about Rewards, for the Wells Fargo Propel American Express Card ^® can be found here: www.wellsfargo.com/credit-cards/propel/terms/

² For more information about purchase and travel protections, the Wells Fargo Propel American Express ^® Card Guide to Benefits has additional details.