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Wells Fargo points are worth about 1 cent per point on average. The value of Wells Fargo points depends on which Wells Fargo credit card you have and how you choose to redeem the points. For example, points from Wells Fargo are worth up to 1.13 cents each when redeemed for travel through the Wells Fargo Rewards program, and they are worth 1 cent each when redeemed for cash back.
Wells Fargo Points Value by Redemption Method
| Redemption Method | Average Point Value | Value of 1,000 Points |
| Cash Back | 1 cent | $10 |
| Gift Cards | 1.02 cent | $10.2 |
| Merchandise | 1.04 cents | $10.4 |
| Charity | 1 cent | $10 |
| Travel | 1 cent | $10 |
Popular Wells Fargo Credit Cards
- Wells Fargo Rewards® Card
- Wells Fargo Visa Signature® Card
- Wells Fargo Business Platinum Credit Card
- Wells Fargo Business Elite Signature Card
Tips for Maximizing the Value of Wells Fargo Points
Redeem Points for travel.
Wells Fargo points are worth the most when redeemed for travel.
Redeem Wells Fargo points regularly.
Wells Fargo points expire after 5 years they’re earned, so make sure to redeem yours more often than that.
Keep your account in good standing.
If Wells Fargo closes your account because of a failure to pay the bill or fraudulent activity, you’ll lose any unredeemed points you have saved. Similarly, if your account is open but delinquent, you won’t be able to earn or redeem points until you catch up on payments.
Redeem before closing your account.
Any points you don’t redeem before closing your account will be lost.
People also ask
How much are Wells Fargo Propel points worth?
Wells Fargo Propel points are worth 1 cent each when redeemed for cash back, statement credits, travel, and most gift cards. Points used to make purchases at participating merchants are worth less than 1 cent per point. You can also transfer points to another Wells Fargo card that earns Wells Fargo rewards, at a 1:1 ratio.
To earn Wells Fargo Propel points, just use the card for purchases. You’ll earn 1 - 3 points per $1 spent on purchases. There’s no limit to the number of...
read full answerHow can I redeem my Wells Fargo Propel points?
You can use your Wells Fargo Propel points for travel, cash back, gift cards, or merchandise.
Wells Fargo rewards points are typically worth 1 cent each, depending on how they’re used.
You can redeem your points online or by phone.
To redeem online, log in to the Wells Fargo Rewards portal and click “Use” then, select the type of redemption you want.
If you prefer to redeem by phone, call 1...
read full answerWhat is the best way to use Wells Fargo points?
The best way to use Wells Fargo points is for travel, cash back or gift cards, depending on the card. Wells Fargo Visa Signature® Card points are worth 1.5 cents when used for travel, for example, while Wells Fargo Rewards® Card points are worth 1 cent when used for travel, cash back or gift cards.
Best Way to Redeem Wells Fargo Points by Card
- Wells Fargo Visa Signature® Card: travel (1.5 cents per point)
- Wells Fargo Rewards® Card: travel, cash back or gift cards (1...
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