Awesome Wells Fargo Rewards Points Transfer Feature

Wells Fargo does not get lot of attraction in miles and points world but they do have various cards with $0 annual fee which earn cash back and reward points (Although the reward points cannot be transferred to any airlines or hotels). 

Wells Fargo Rewards Card

Wells Fargo Cashback Card.

Although both the cash back and rewards card look similar and have same earning rate, the biggest difference between the two is that that rewards card gives 50% more value when redeemed for airfare through Wells Fargo travel portal. The rewards card would have in advertisement the following line "50% more value when redeemed for airfare (for instance, 20,000 points is a $300 value toward airfare redemption or a $200 value toward cash redemption)". 

The best part is Wells Fargo allows to freely move points from all accounts to single account as well as allows  transfer of points/cash-back from one individual to another (Important Note: There are various options to pool or transfer the points/ cash-back from one individual to other so be careful as selecting a wrong option may result in straight cash redemption at 1:1 ratio).

So, which is the correct way to transfer the points? Below is the quick run down of steps to properly transfer the points.

• From "Account Summary" page select "Go Far Rewards" or after login go here.
• Select "Share Rewards" from the different menu's on the top.
• From "Share Rewards" drop down select "Gift Rewards to Others"
• You will see two options: "Gift to friends and family" and "Gift to others" with default option being "Gift to friends and family". Select "Gift to others" tab.
• Enter "Recipients first name", "Recipients last name", "Recipients Account number" (This is the credit card number associated with recipients rewards account), and "Amount to gift" (This can be as little as 1 point).
• Hit "continue" and within few minutes the points will be transferred.

Drop down options for points transfer

Default highlighted option of Gift to friends and family

Gift to others option

As you can see from above the correct option is hidden, but it would correctly transfer the points from one user account to other user account rather than going as a cashback gift.

The interesting part is Wells Fargo has a new $0 annual fee Wells Fargo Propel American Express card which earn's 30k points after $3k spend in 3 months and which earn 3x points on Travel, Dining and Streaming services. Since Propel card is an American Express card, it also has option to enroll in Amex Offers here (usually these are the less popular one's though). You can essentially make this 30k points a $450 airfare redemption by moving the points to Wells Fargo Rewards Card account.
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