FIA is a BoA subsidiary. I don't see how they would be involved.
I posted a link to the press release in my thread
in General Credit Card Talk. Here's the quote that gives me hope:
"We want to give the customers who already carry our card – and the ones who don't yet – greater rewards and benefits for having a Wells Fargo card in their wallets. The breadth of our offerings, our strong retail network and the power of this new partnership with American Express position us well to continue to deliver compelling choices and experiences to our customers."
As part of the card-issuing partnership, American Express is providing its Partner Advantage capabilities and services to support Wells Fargo in developing a suite of products that will offer a superior set of experiences, exclusive benefits and customized offers from the American Express network, both online and offline. Separately, LoyaltyEdge from American Express will assist in the design of a new Wells Fargo loyalty program by offering a broad range of merchandise and gift cards that Wells Fargo's consumer credit customers will be able to redeem with their points.
looks like crap - merchandise and gift card redemptions for points. I'm not interested. I have no idea what Partner Advantage is; a Google search leads to the press release and a LinkedIn profile for the woman who helped launch it. But, it could be decent, maybe...
Then again, there are plenty of cards that process on Amex's network that aren't worth a second (or first) look.
[RIGHT][size=100]- Sapphire Preferred - Freedom - Ink - Platinum - Everyday Preferred -[/size]