The Wells Fargo Propel is the best option for buying gas, and many other everyday purchases, because it earns strong rewards in a large variety of categories. The points that Propel cardholders earn are worth a fixed amount toward a cash redemption, making it simple to see your benefits add up. One aspect that makes this card our best value, in addition to our best overall: There’s no annual fee, so everything you earn extra money from the get-go.
Points: As far as earning points goes, you’ll get 3 points per dollar spent on gas, car rentals, eating out and ordering in, rideshares like Uber and Lyft, transit, flights, hotels, and popular online streaming services. You’ll earn 1 point per dollar spent on all other purchases. Each point is worth 1 cent ($0.01), so the card effectively earns 3% back on all of the bonus categories and 1% back on all other purchases.
Perks: The Wells Fargo Propel card comes with some awesome perks. When in North America, you’ll benefit from secondary car rental loss and damage insurance. This means that you don’t have to pay extra for the rental company’s collision or damage-waiver insurance, but if you need to make a claim, you’ll have to go through your personal car insurance first.
You won’t be charged foreign transaction fees when you travel abroad (though American Express isn’t always accepted in other countries). Additionally, if you pay your monthly cell phone bill with your Propel card, you will benefit from up to $600 per claim in cell phone protection to protect your phone from both damage and theft, subject to a $25 deductible.