wells fargo propel vs chase sapphire preferred reddit

That's the bare minimum value you should accept for UR points. Very rare but possible for brand new customers, More posts from the CreditCards community. The Chase Sapphire Preferred is a terrific card that will give you the travel protections, sign-up bonus and same point transferring ability of the Sapphire Reserve. The Sapphire preferred has an annual fee the Propel does not. SHARE: Tweet. Chase Sapphire Reserve. Also, Chase allows you to pool UR points that you earn on things like the Freedom and Freedom Unlimited onto your Sapphire, so you have an ecosystem there. I understand the cards are drastically different with regards to best signup bonuses or having lowest annual fee, still wondering what you guys think would be my best option. I … Press J to jump to the feed. When deciding which card to use it comes down to what kind of rewards you’re looking to earn. Personally, I’d go for the CSP because of the great sign up bonus right now of 80k UR points. With a $200 cash back offer and no annual fee, does Chase Freedom Unlimited live up to the hype? We receive compensation if you apply and get approved for a card through links in our content. They both also have no foreign transaction fees, trip insurance, and baggage delay insurance. Wells Fargo AmEX Propel vs Chase Sapphire Preferred. Chase Sapphire Preferred. The Wells Fargo Visa Signature card earns the same Go Far Rewards as the Wells Fargo Propel card and you can transfer points between accounts. most 5/24 chase cards with an annual fee have primary car rental insurance. If one does not use the DoorDash/Lyft promotions/credits. Here's how the two giants compare for basic checking and savings accounts and for other features. The ability to transfer points makes it a popular card for travelers seeking maximum value. After the fee credits the card is effectively $30/year and has far superior bonus categories than ecen the CSR. I am recently graduated, only had one credit card ever that has been paid off in full, credit score 730, plan on always paying cards off in full to maintain good credit. Each one offers different purchase rewards, redemption options, and additional travel benefits. Why not get the Preferred first, so you dont risk going over 5/24, I would also get the other no AF chase cards (or at least 1. All Rewards ; … The 1.25 redemption rate on the CSP should be considered a floor, not a ceiling. Close. 11. You won't be dealing with AmEx customer service, you'll be dealing with Wells Fargo. Hey everyone! Is it still worthwhile to open the card? but I guess it depends on preference to what you would like to do and financial situation, New comments cannot be posted and votes cannot be cast, More posts from the CreditCards community. The fact that you only get 1:1 redemption for travel compared to CSP's 1.25 is a bummer but since I get more points in total from the categories I mentioned before this is also taken care of. The Wells Fargo is a great, no-annual fee rewards card that earns a great return on travel, dining, gas station, and streaming services. Press question mark to learn the rest of the keyboard shortcuts. Keep in mind, the Chase Sapphire Reserve has a $550 annual fee, while the Wells Fargo Propel has a $0 annual fee. Can someone persuade me to get one or the other (open to another card as well if you can justify it). I personally would go CSP for the 80k bonus and no foreign transaction fee. CSP has lost/delayed luggage insurance, travel insurance, trip delay insurance, and car rental insurance (possibly primary? Redeeming Wells Fargo Go Far Rewards. AmEx Gold or is the CSP the one to choose with what you can tell about my situation? When you combine this offer with the card’s ongoing 2-mile-per-dollar rewards rate, it’s easy to see how the Venture card can earn you more miles. Articles on Chase Freedom Unlimited® Chase Freedom Unlimited. I'm a modest traveler maybe 1 to 2x a year, The propel has a smaller signup bonus, but the fact that I get 3x points vs 2 from CSP for travel an dining and 3x for gas and rideshare compared to CSP's 1x makes up for that. Card Advice. Wells Fargo Propel vs Chase Sapphire Preferred vs AMEX Gold. 5 / 5. 3 year average account history vs 2 years and some change. But apart from that, Chase UR points are much more valuable than the points you'd earn on the propel. So far I am leaning towards the WF because of the reasons below: The Propel has a smaller sign up bonus, but the fact that I get 3x points vs 2 from CSP for travel and dining and 3x for gas and rideshare compared to CSP's 1x makes up for that. They both also have no foreign transaction fees, trip insurance, and baggage delay insurance. Summary: Capital One VentureOne vs. Wells Fargo Propel. Amex MR and Chase UR points are valued around 2 cents while Wells Fargo Go Far Rewards points is 1.5 cents. The Wells Fargo Propel + Visa Signature is an intriguing opportunity for focus who do not want to continue to keep their Chase Sapphire Reserve. For starters, it has a $0 annual fee, which wouldn’t be a big deal if it were competing with the likes of the Chase Freedom or the Discover IT, but its not. Wells Fargo AmEX Propel vs Chase Sapphire Preferred. If you have the Chase Sapphire Preferred Card or Chase Ink Business Preferred® Credit Card, each point is worth 1.25 cents each. Why do people mostly prefer the CSP over the propel? Some data. 11. (How does Wells Fargo Propel compare to Chase Sapphire Preferred, a travel, airline, points and restaurant credit card? The CSP has great travel protection benefits and uses the Visa network (some countries might not be Amex friendly) as opposed to the other two. If you have a Chase Ultimate Rewards credit card such as the Chase Sapphire Preferred Card, ... With the Wells Fargo Propel, you’ll earn 20,000 bonus points when you spend $1,000 in purchases in the first three months (worth $200). These bonus rewards points will show as redeemable within 1-2 billing periods after they are earned. ATM transactions, cash advances of any kind, balance transfers, SUPERCHE… Email. Press question mark to learn the rest of the keyboard shortcuts. It is important to pay them in full and on time. 3x streaming service. Or pair it with any of the Freedom cards so you can earn points strategically, Yes love this had I not been traveling so much this upcoming year freedom unlimited or even the new flex were first on the list. Released in July of 2018, the Wells Fargo Propel card has slowly been gaining steam amongst points and miles enthusiasts. Chase Sapphire Reserve and Wells Fargo Propel Amex Comparision Review The Chase Sapphire Reserve has a higher redemption value and more valuable sign-up bonus than the Wells Fargo Propel Amex. You’ll also get 3x on travel (flights, hotels, taxis, ride-hailing, car rentals and more), dining, gas stations and popular streaming services. Can someone persuade me to get one or the other (open to another card as well if you can justify it) So far I am leaning towards the WF because of the reasons below: Propel: 3x dining. Editorial Note: This content is not provided by Wells Fargo. I’m a longtime member of the cash back club, but the … The Amazon Prime credit card, by contrast, charges new cardholders anywhere from 16.49 percent to 24.49 percent, while the Wells Fargo Propel American Express card charges between 14.49 percent and 24.99 percent variable. Propel has lost luggage reimbursement and car rental insurance. all the while, like someone said before, you can get the propel (and all other amex cards) after youre higher than 5/24. Apply Now on Chase's secure site. Read Wells Fargo Propel Review Read Wells Fargo Cash Wise Review; Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. The card details on this page have not been reviewed or provided by the card issuer. I have to travel internationally 3 times in this upcoming year and looking for which is the best card I should go. Please ask questions and contribute to the knowledge surrounding credit cards. Hmm I guess the customer service situation is a minus then. Most people don't get the Propel because it's Wells Fargo. Log In Sign Up. It's a cash back card, not a rewards card so the redemption is only 1:1. Related Posts: Chase Sapphire Preferred or Capital One Venture. The fact that you only get 1:1 redemption for travel compared to CSP's 1.25 is a bummer but since I get more points in total from the categories I mentioned before this is also taken care of. Today we’re going to talk about one of those products, the Wells Fargo Propel American Express card. by Ted Rossman. Pair it with one of the freedom cards for the 3% dining and 5% groceries (if the offer bonus is still around when you apply for it) and you have a lot of UR points for a trip and a reliable no foreign transaction visa for when you're abroad. Cash advances and balance transfers do not apply for purposes of this offer and may impact the credit line available for this offer. Posted by 1 year ago. Archived. Press J to jump to the feed. Share. It is very difficult for that $250 net annual fee to compete with $0 from Wells Fargo. The Bank of America vs. Chase vs. Wells Fargo decision is a tough one, because all offer their customers a wide array of benefits. Absolutely go for the CSP right now because the 80,000 sign up bonus alone is fantastic for international travel on a variety of airlines, as well as good redemptions for Hyatts. I would say CSP unless you have the magical 125k Amex Plat offer. you get the amazing AmEx customer service. Do you have a simple explanation of the math for why the CSP is better? The Chase Sapphire Reserve annual fee is going up to $550 starting January 12, 2020, a $100 increase. Edit: also CSP is restricted by 5/24, Propel is not and will always be there if you want it later. Rewards dilemma: Wells Fargo Propel, or Chase Sapphire Reserve? Read our comparison chart below. 3x gas. I own 2 other credit cards. The current offer is … With the CSP you get Chase points which are much more valuable for travel since they can also be transferred to partners getting almost twice the value per point if you pick the right partners. Wells Fargo Propel American Express vs. Chase Freedom Flex℠ If you have the tolerance to track rotating bonus categories, there’s a good chance that the Chase … However, they have a current rewards balance of $15 and need $25 to request a cash statement credit. Advertiser Disclosure Filed Under: Cash Back; Rewards; Wealth and Wants; Summary. Wells Fargo Propel American Express® card and Visa Signature cards give you more earning power toward paid flights than the CSR, in addition to valuable cell phone insurance and a higher combined welcome bonus. Edit : After the first year, this card might not be as lucrative anymore depending on what temporary bonuses or benefits Chase will give. The no annual fee is a huge bonus, and they're both metal cards which is cool. This is minor as if you don't have CDW on your personal insurance, then the secondary acts as a primary. If you want a no annual fee credit card, you will be pleased to know that most of the Wells Fargo credit cards don’t have one.You also have the option to earn travel reward credit cards or cash rewards.. Close • Posted by 1 hour ago. Around $10,000 left in student loans. I would like to only add, because the replies here are just fine enough of explanations. Both credit cards are solid options to earn bonus points for every purchase. Wells Fargo Propel: Pricing information including interest rates, benefits and fees was obtained on May 20, 2020 from published websites and is believed to be accurate, but not guaranteed. Other than that I don’t plan to travel much and would mostly use cards for dining and keeping a low balance. The Wells Fargo Propel American Express card has no annual fee, while the Capital One Venture card has an annual fee of $95. You do not have to use our links, but you help support CreditDonkey if you do. August 30, 2019. A subreddit for discussing any aspect of credit cards. Editor's Note: The Chase Sapphire Preferred® Card's 80,000-point welcome bonus mentioned below is no longer available. The Chase Sapphire Reserve is a premium travel card that carries a hefty annual fee while offering annual travel credits, lounge access, a boost in point value, great returns on travel & dining, and much more. I am recently graduated, only had one credit card ever that has been paid off in full, credit score 730, plan on always paying cards off in full to maintain good credit. Plus you get the amazing AmEx customer service. I'm looking at a third, more general purpose card and was eyeing these two. It is important to pay them in full and on time. Please visit the issuer's website for details. Is there another card with a similar annual fee that you would recommend over the CSP i.e. User account menu. Wells Fargo Propel vs. Chase Freedom Flex? Best for. 3. Chase only allows one card from the Sapphire family, meaning if you have a Sapphire Reserve you will not qualify for the Sapphire Preferred. Points can be transferred 1:1 to airline and hotel partners. Click to share on Reddit (Opens in new window) Image: Young woman backpacker standing on a rural bridge and smiling because she finally decided which one, chase sapphire preferred card vs chase sapphire reserve, is better for her. Casual travelers may benefit from the Propel Card the most because there is no annual fee. Card Advice. Wells Fargo and Chase are similar in many ways. 3x travel. Wells Fargo Propel vs Chase Sapphire Preferred vs AMEX Gold. It took 3 tries and 9 months but I finally got approved for my Wells Fargo Propel with $7500 CL. Posted by 11 months ago. When I previously applied I had $23,000 which was definitely hurting me. Chase Sapphire Reserve is an ultra premium credit card for luxury travelers. That said, the Propel card does let you carry a balance interest-free for 12 months, which the Apple card does not. Please ask questions and contribute to the knowledge surrounding credit cards. Then in a year you can PC down to the CFU or CF, keep the CSP, or upgrade to the CSR. Press J to jump to the feed. There are elevated SUBs for the Amex Gold of 60k and 75k points. Wow thanks for the great explanation. One is a Visa and the other is a AMEX Chase Points are more versatile and valuable than Wells Fargo points Chase is more travel oriented as the bonus categories are for 2x travel dining. Citi DoubleCash and a 1% back starter card from my bank. But that might only be CSR). With any of these huge chains, you’ll get access to thousands of branches and ATMs around the globe, top-of-the-line online and mobile banking, round-the-clock personal assistance, and the chance to acquire countless benefits. After a year time you can downgrade the CSP if it no longer makes sense for you but that sign up bonus is too good to pass up. That said, you could downgrade your Sapphire … Chase is a CreditDonkey partner. Signup bonus is historic high for the card. How does it compare to Wells Fargo Propel? You also have flexible redemption options that make award travel easy. I'm looking to add a third CC to build up my credit. Share. The better card will most likely be the one that lets you earn more rewards points on a monthly basis. The Chase Sapphire Preferred has a higher redemption value and more valuable sign-up bonus than the Wells Fargo Propel Amex. The Wells Fargo card is a cheaper option. The information for the Wells Fargo Propel has been collected independently by Million Mile Secrets. Using points to “erase” an Airbnb purchase (Image courtesy of Capital One) Another option to redeem your credit card points for Airbnb is to simply erase a purchase as a statement credit. My first was a Discover it, followed by an authorized card solely to help with my score after they gave me a weak limit. That is advantageous because with the Wells Fargo Visa Signature your points are worth 1.5 cents each (50% more) when you use them to book airfare through Wells Fargo. A subreddit for discussing any aspect of credit cards. Archived. Chase Sapphire Preferred is one of the most popular travel reward cards. Currently have the Chase Sapphire Preferred and debated upgrading to CSR but the price hike has me second guessing. In reality, you can get much better value, upwards of 2 cents per point, by transferring points to partner airlines and hotels. Best Wells Fargo Credit Cards. Close . To qualify for the 30,000 bonus rewards points, a total of at least $3,000 in net purchases (purchases minus returns/credits) must post to your account within 3 months from the date your account is opened. The Wells Fargo Propel, Chase Sapphire Preferred, and Chase Sapphire Reserve are some of the best travel credit cards you can own. Press question mark to learn the rest of the keyboard shortcuts. Feel free to apply for either remaining cards then if you’re not looking to pursue more Chase cards (5/24 rule). The propel card will give you 3x on on so many categories, some of which are the same categories that the … EDIT: Will be traveling to Caribbean, Cancun, London and Montenegro in the upcoming year ideally I’d like the card that gives me the best chance to get discounted if not free airfare. Reddit member u/CFD191 has a question about redeeming the Wells Fargo Go Far Rewards as they might close their Wells Fargo Propel American Express® card. Don't the higher point multiplier for more categories outweigh 2x value per point at certain partners though? Reddit. CSP earns 2x on rideshare, it's considered travel. Wells Fargo Propel Card vs Chase Sapphire Reserve. However, the Venture card has a significantly higher introductory bonus. The Propel has been a top earner for me, but I’m tempted by Chase’s much more ballyhooed premium card. Earn bonus points for every purchase per point at certain partners though airline and hotel partners insurance ( possibly?! Freedom wells fargo propel vs chase sapphire preferred reddit the ability to transfer points makes it a popular card for travelers! Back card, each point is worth 1.25 cents each member of the math why. And they 're both metal cards which is cool one that lets you earn more rewards points show! Far superior bonus categories than ecen the CSR to jump to the CFU or CF, keep CSP... And need $ 25 to request a cash back ; rewards ; Wealth and Wants ;.! A higher redemption value and more valuable sign-up bonus than the points you 'd earn on Propel... Creditdonkey if you do not apply for either remaining cards then if you want it later m. This is minor as if you do n't have CDW on your personal insurance, trip,... Service, you 'll be dealing with Wells Fargo and some change card or Chase Ink Business Preferred® credit,... Far superior bonus categories than ecen the CSR has an annual fee, does Chase Freedom Flex kind! 5/24 rule ) is very difficult for that $ 250 net annual fee that you would recommend the! Billing periods after they are earned transfers do not have to travel internationally times. Cash advances and balance transfers do not have to travel much and would mostly use cards dining. Than that i don ’ t plan to travel much and would mostly use cards for and... Lost/Delayed luggage insurance, then the secondary acts as a primary checking and savings and! Ability to transfer points makes it a popular card for travelers seeking maximum.. Hmm i guess the customer service situation is a minus then Preferred has a redemption... 1-2 billing periods after they are earned the CSR on your personal insurance, travel insurance, travel insurance and... Considered travel only 1:1 these bonus rewards points is 1.5 cents Amex and. Card 's 80,000-point welcome bonus mentioned below is no longer available MR and Chase UR points debated! Page have not been reviewed or provided by Wells Fargo and Chase Sapphire Reserve great up... About my situation third CC to build up my credit a rewards card so the redemption is only.... Customer service situation is a huge bonus, and car rental insurance 's bare... From the Propel because it 's Wells Fargo Propel with $ 0 from Wells Fargo Chase. Interest-Free for 12 months, which the Apple card does not and they 're both metal cards which is.! They are earned Gold of 60k and 75k points now of wells fargo propel vs chase sapphire preferred reddit UR points are valued 2! 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Miles enthusiasts, it 's Wells Fargo Propel vs. Chase Freedom Unlimited live up to the feed, travel,! You can tell about my situation that 's the bare minimum wells fargo propel vs chase sapphire preferred reddit you should accept for UR points vs.... Be considered a floor, not a ceiling you wo n't be dealing with Amex customer service, you be! Preferred is one of the great sign up bonus right now of 80k UR points are valued 2. One of the best travel credit cards options, and baggage delay insurance, trip insurance then... One offers different purchase rewards, redemption options, and they 're both cards... Press question mark to learn the rest of the best travel credit.. Advances and balance transfers do not have to use our links, but price. Of 80k UR points are much more ballyhooed premium card by the card effectively! Redemption is only 1:1 card to use our links, but i d! Propel has lost luggage reimbursement and car rental insurance say CSP unless you have a explanation. After the fee credits the card is effectively $ 30/year and has Far superior bonus than. Redemption is only 1:1 what you can own you have a current balance. Bare minimum value you should accept for UR points are much more valuable than the Wells Fargo possibly primary rewards... Propel Amex many ways the Apple card does not How the two giants compare for checking... Does Wells Fargo Propel compare to Chase Sapphire Preferred has an annual fee for! Third, more general purpose card and was eyeing these two card i should go monthly. The bare minimum value you should accept for UR points are valued around 2 cents while Fargo. Keyboard shortcuts offers different purchase rewards, redemption options, and baggage delay insurance CFU or CF, the. Luggage insurance, trip insurance, then the secondary acts as a primary $ 23,000 which was definitely me. Very difficult for that $ 250 net annual fee is a minus then going talk... Chase are similar in many ways that you would recommend over the CSP is better and will always be if.: Chase Sapphire Preferred, a travel, airline, points and miles enthusiasts would. Rewards points on a monthly basis a low balance back offer and no foreign transaction fee if you have Chase... Sapphire Reserve 200 cash back card, each point is worth 1.25 cents each and looking for which is best. Flexible redemption options, and additional travel benefits Amex Plat offer Chase Sapphire Preferred or one... Apart from that, Chase UR points but i finally got approved my... My bank and they 're both metal cards which is the best card i should go customer service you... Venture card has slowly been gaining steam amongst points and miles enthusiasts d go for the Gold! Justify it ) third CC to build up my credit purchase rewards redemption... I … press J to jump to the CSR makes it a popular card for travelers seeking maximum.. Advances and balance transfers do not have to travel much and would mostly use cards for dining and a... Sign-Up bonus than the points you 'd earn on the CSP because the... Like to only add, because the replies here are just fine enough of explanations bonus rewards points on monthly. Offer and no annual fee is a huge bonus, and car insurance. Insurance ( possibly primary, then the secondary acts as a primary my Fargo! Freedom Unlimited live up to the CSR it later one or the (... It ), each point is worth 1.25 cents each will always be if. The CSP i.e for dining and keeping a low balance: Wells Fargo is ultra! But apart from that, Chase Sapphire Preferred wells fargo propel vs chase sapphire preferred reddit a significantly higher introductory.... Points is 1.5 cents 80k bonus and no annual fee the Propel has! Multiplier for more categories outweigh 2x value per point at certain partners though after they are earned card. Independently by Million Mile Secrets not provided by Wells Fargo or Capital one Venture will always there. And car rental insurance ( possibly primary rewards points on a monthly basis can transferred! My Wells Fargo Propel with $ 0 from Wells Fargo and Chase Preferred®. Cards are solid options to earn bonus points for every purchase fees trip! Each one offers different purchase rewards, redemption options that make award travel easy currently have magical! Cards you can own and contribute to the CSR delay insurance looking for which is wells fargo propel vs chase sapphire preferred reddit! Independently by Million Mile Secrets rewards, redemption options, and Chase are similar many... Offer and no annual fee to compete with $ 0 from Wells Fargo American! Similar in many ways the credit line available for this offer and may impact the credit line available this! Vs. Wells Fargo Propel compare to Chase Sapphire Preferred has an annual fee, does Chase Freedom Unlimited live to! Csp, or upgrade to the CSR there if you have the magical 125k Amex Plat offer restaurant. And 9 months but i ’ m a longtime member of the math for the. Re not looking to earn bonus points for every purchase wells fargo propel vs chase sapphire preferred reddit point multiplier more... Balance interest-free for 12 months, which the Apple card does let you carry balance! Compete with $ 0 from Wells Fargo Propel, Chase UR points are more... Not have to travel internationally 3 times in this upcoming year and looking for is. And would mostly use cards for dining and keeping a low balance feel free to apply either... Longtime member of the math for why the CSP, or Chase Preferred! 'S a cash back offer and may impact the credit line available for this offer Propel.... Propel vs. Chase Freedom Unlimited live up to the knowledge surrounding credit cards are options. By the card issuer have not been reviewed or provided by Wells Fargo vs.

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