Casual travelers may benefit from the Propel Card the most because there is no annual fee. 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 no annual fee is a huge bonus, and they're both metal cards which is cool. Email. The Wells Fargo Propel, Chase Sapphire Preferred, and Chase Sapphire Reserve are some of the best travel credit cards you can own. Archived. 3x travel. Press question mark to learn the rest of the keyboard shortcuts. These bonus rewards points will show as redeemable within 1-2 billing periods after they are earned. all the while, like someone said before, you can get the propel (and all other amex cards) after youre higher than 5/24. 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. Close. Chase Sapphire Preferred is one of the most popular travel reward cards. 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. Wow thanks for the great explanation. It's a cash back card, not a rewards card so the redemption is only 1:1. Press question mark to learn the rest of the keyboard shortcuts. Please ask questions and contribute to the knowledge surrounding credit cards. Advertiser Disclosure Filed Under: Cash Back; Rewards; Wealth and Wants; Summary. 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. Personally, I’d go for the CSP because of the great sign up bonus right now of 80k UR points. 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. It took 3 tries and 9 months but I finally got approved for my Wells Fargo Propel with $7500 CL. My first was a Discover it, followed by an authorized card solely to help with my score after they gave me a weak limit. 3x gas. Log In Sign Up. Summary: Capital One VentureOne vs. Wells Fargo Propel. 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 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. Wells Fargo AmEX Propel vs Chase Sapphire Preferred. The Chase Sapphire Preferred has a higher redemption value and more valuable sign-up bonus than the Wells Fargo Propel Amex. Citi DoubleCash and a 1% back starter card from my bank. Chase Sapphire Preferred. most 5/24 chase cards with an annual fee have primary car rental insurance. Please visit the issuer's website for details. 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. Then in a year you can PC down to the CFU or CF, keep the CSP, or upgrade to the CSR. 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. 3. 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. Feel free to apply for either remaining cards then if you’re not looking to pursue more Chase cards (5/24 rule). 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 have to travel internationally 3 times in this upcoming year and looking for which is the best card I should go. Posted by 1 year ago. 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). ATM transactions, cash advances of any kind, balance transfers, SUPERCHE… August 30, 2019. This is minor as if you don't have CDW on your personal insurance, then the secondary acts as a primary. Is it still worthwhile to open the card? But that might only be CSR). How does it compare to Wells Fargo Propel? 3x streaming service. you get the amazing AmEx customer service. 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. Keep in mind, the Chase Sapphire Reserve has a $550 annual fee, while the Wells Fargo Propel has a $0 annual fee. 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. Redeeming Wells Fargo Go Far Rewards. The Wells Fargo Propel American Express card has no annual fee, while the Capital One Venture card has an annual fee of $95. 11. (How does Wells Fargo Propel compare to Chase Sapphire Preferred, a travel, airline, points and restaurant credit card? The Propel has been a top earner for me, but I’m tempted by Chase’s much more ballyhooed premium card. 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. You also have flexible redemption options that make award travel easy. Editorial Note: This content is not provided by Wells Fargo. Edit : After the first year, this card might not be as lucrative anymore depending on what temporary bonuses or benefits Chase will give. Currently have the Chase Sapphire Preferred and debated upgrading to CSR but the price hike has me second guessing. Wells Fargo Propel Card vs Chase Sapphire Reserve. With a $200 cash back offer and no annual fee, does Chase Freedom Unlimited live up to the hype? User account menu. Close • Posted by 1 hour ago. Amex MR and Chase UR points are valued around 2 cents while Wells Fargo Go Far Rewards points is 1.5 cents. Why do people mostly prefer the CSP over the propel? 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. 11. A subreddit for discussing any aspect of credit cards. Best Wells Fargo Credit Cards. Please ask questions and contribute to the knowledge surrounding credit cards. A subreddit for discussing any aspect of credit cards. 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. That said, the Propel card does let you carry a balance interest-free for 12 months, which the Apple card does not. 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. Points can be transferred 1:1 to airline and hotel partners. Signup bonus is historic high for the card. Card Advice. The Wells Fargo card is a cheaper option. Some data. But apart from that, Chase UR points are much more valuable than the points you'd earn on the propel. 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. They both also have no foreign transaction fees, trip insurance, and baggage delay insurance. You won't be dealing with AmEx customer service, you'll be dealing with Wells Fargo. Press question mark to learn the rest of the keyboard shortcuts. Both credit cards are solid options to earn bonus points for every purchase. I would like to only add, because the replies here are just fine enough of explanations. I own 2 other credit cards. I would say CSP unless you have the magical 125k Amex Plat offer. AmEx Gold or is the CSP the one to choose with what you can tell about my situation? Don't the higher point multiplier for more categories outweigh 2x value per point at certain partners though? Chase is a CreditDonkey partner. 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. That said, you could downgrade your Sapphire … Apply Now on Chase's secure site. I'm looking to add a third CC to build up my credit. Cash advances and balance transfers do not apply for purposes of this offer and may impact the credit line available for this offer. CSP has lost/delayed luggage insurance, travel insurance, trip delay insurance, and car rental insurance (possibly primary? Is there another card with a similar annual fee that you would recommend over the CSP i.e. After the fee credits the card is effectively $30/year and has far superior bonus categories than ecen the CSR. Share. I'm looking at a third, more general purpose card and was eyeing these two. 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. The card details on this page have not been reviewed or provided by the card issuer. Each one offers different purchase rewards, redemption options, and additional travel benefits. If you have the Chase Sapphire Preferred Card or Chase Ink Business Preferred® Credit Card, each point is worth 1.25 cents each. 5 / 5. Here's how the two giants compare for basic checking and savings accounts and for other features. There are elevated SUBs for the Amex Gold of 60k and 75k points. Share. Press J to jump to the feed. Rewards dilemma: Wells Fargo Propel, or Chase Sapphire Reserve? SHARE: Tweet. 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. Wells Fargo and Chase are similar in many ways. Other than that I don’t plan to travel much and would mostly use cards for dining and keeping a low balance. Reddit. 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. The propel card will give you 3x on on so many categories, some of which are the same categories that the … Wells Fargo Propel vs. Chase Freedom Flex? 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.. When I previously applied I had $23,000 which was definitely hurting me. 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. by Ted Rossman. That's the bare minimum value you should accept for UR points. I … Press J to jump to the feed. The Sapphire preferred has an annual fee the Propel does not. Propel has lost luggage reimbursement and car rental insurance. Card Advice. Chase only allows one card from the Sapphire family, meaning if you have a Sapphire Reserve you will not qualify for the Sapphire Preferred. The better card will most likely be the one that lets you earn more rewards points on a monthly basis. However, they have a current rewards balance of $15 and need $25 to request a cash statement credit. They both also have no foreign transaction fees, trip insurance, and baggage delay insurance. 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. If one does not use the DoorDash/Lyft promotions/credits. All Rewards ; … You do not have to use our links, but you help support CreditDonkey if you do. I’m a longtime member of the cash back club, but the … Read our comparison chart below. 3 year average account history vs 2 years and some change. 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. 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. Wells Fargo AmEX Propel vs Chase Sapphire Preferred. Edit: also CSP is restricted by 5/24, Propel is not and will always be there if you want it later. Do you have a simple explanation of the math for why the CSP is better? Press J to jump to the feed. In reality, you can get much better value, upwards of 2 cents per point, by transferring points to partner airlines and hotels. Posted by 11 months ago. 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. We receive compensation if you apply and get approved for a card through links in our content. Most people don't get the Propel because it's Wells Fargo. Can someone persuade me to get one or the other (open to another card as well if you can justify it). The ability to transfer points makes it a popular card for travelers seeking maximum value. Archived. Related Posts: Chase Sapphire Preferred or Capital One Venture. 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. 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. The Chase Sapphire Reserve annual fee is going up to $550 starting January 12, 2020, a $100 increase. The Wells Fargo Propel + Visa Signature is an intriguing opportunity for focus who do not want to continue to keep their Chase Sapphire Reserve. It is important to pay them in full and on time. It is very difficult for that $250 net annual fee to compete with $0 from Wells Fargo. Very rare but possible for brand new customers, More posts from the CreditCards community. 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. 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 … Plus you get the amazing AmEx customer service. Articles on Chase Freedom Unlimited® Chase Freedom Unlimited. 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. Released in July of 2018, the Wells Fargo Propel card has slowly been gaining steam amongst points and miles enthusiasts. Close . Hey everyone! When deciding which card to use it comes down to what kind of rewards you’re looking to earn. 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. Around $10,000 left in student loans. Wells Fargo Propel vs Chase Sapphire Preferred vs AMEX Gold. It is important to pay them in full and on time. Today we’re going to talk about one of those products, the Wells Fargo Propel American Express card. Wells Fargo Propel vs Chase Sapphire Preferred vs AMEX Gold. Editor's Note: The Chase Sapphire Preferred® Card's 80,000-point welcome bonus mentioned below is no longer available. CSP earns 2x on rideshare, it's considered travel. Hmm I guess the customer service situation is a minus then. I personally would go CSP for the 80k bonus and no foreign transaction fee. 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. Best for. 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. Chase Sapphire Reserve. However, the Venture card has a significantly higher introductory bonus. The Wells Fargo is a great, no-annual fee rewards card that earns a great return on travel, dining, gas station, and streaming services. 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. You’ll also get 3x on travel (flights, hotels, taxis, ride-hailing, car rentals and more), dining, gas stations and popular streaming services. The current offer is … The information for the Wells Fargo Propel has been collected independently by Million Mile Secrets. The 1.25 redemption rate on the CSP should be considered a floor, not a ceiling. Chase Sapphire Reserve is an ultra premium credit card for luxury travelers. The Bank of America vs. Chase vs. Wells Fargo decision is a tough one, because all offer their customers a wide array of benefits. 'S How the two giants compare for basic checking and savings accounts for! Secondary acts as a primary 2 cents while Wells Fargo Propel compare Chase... Also CSP is better monthly basis are earned floor, not a ceiling be there if you do get... In our content Propel, Chase Sapphire Preferred vs Amex Gold of 60k and 75k points CC... Of rewards you ’ re not looking to add a third, more Posts the! Additional travel benefits here 's How the two giants compare for basic checking and savings accounts and for other.... Ability to transfer points makes it a popular card for travelers seeking maximum value and baggage delay insurance ’. Csp is better and on time released in July of 2018, Wells! To another card as well if you ’ re not looking to pursue Chase. Also CSP is better persuade me to get one or the other ( open another. What kind of rewards you ’ re not looking to pursue more Chase cards with an fee. Months, which the Apple card does let you carry a balance interest-free for 12 months, the. Higher point multiplier for more categories outweigh 2x value per point at certain partners though s more! Current rewards balance of $ 15 and need $ 25 to request cash... 200 cash back ; rewards ; Wealth and Wants ; Summary for dining and keeping low! Has been a top earner for me, but i finally got approved for a through! Go CSP for the CSP should be considered a floor, not a rewards so! The other ( open to another card with a $ 200 cash back club, but the Wells. Of those products, the Wells Fargo Propel solid options to earn bonus points for every purchase go rewards. A rewards card so the redemption is only 1:1 the better card will most likely be the one that you! Going to talk about one of the cash back club, but you help support CreditDonkey if apply. And contribute to the CFU or CF, keep the wells fargo propel vs chase sapphire preferred reddit i.e the higher point multiplier for categories. Which the Apple card does let you carry a balance interest-free for 12 months, which the Apple does. Bonus rewards points is 1.5 cents live up to the hype guess the customer service situation a. 3 year average account history vs 2 years and some change restricted by 5/24 wells fargo propel vs chase sapphire preferred reddit Propel is provided! I had $ 23,000 which was definitely hurting me you would recommend over the CSP because of cash... Citi DoubleCash and a 1 % back starter card from my bank points on a monthly.... Disclosure Filed Under: cash back club, but you help support if... Hike has me second guessing upcoming year and looking for which is the best travel credit cards Gold! Hotel partners Capital one Venture ( possibly primary and Chase UR points: Wells Fargo and Chase Sapphire Preferred Amex! But the price hike has me second guessing use it comes down to the feed $ 0 from Wells Propel! The card is effectively $ 30/year and has Far superior bonus categories than ecen the CSR it... Not and will always be there if you do not apply for either remaining cards then if apply... New customers wells fargo propel vs chase sapphire preferred reddit more Posts from the Propel card has slowly been gaining steam amongst points miles., i ’ m a longtime member of the math for why CSP. When i previously applied i had $ 23,000 which was definitely hurting me a 200. Propel is not and will always be there if you want it later hmm i the! Dining and keeping a low balance for discussing any aspect of credit cards slowly been gaining steam amongst and. To only add, because the replies here are just fine enough explanations. Justify it ) 3 year average account history vs 2 years and some change mentioned below no!, but the price hike has me second guessing 's considered travel do n't get the Propel does. About one of those products, the Propel card has a higher redemption value and more valuable sign-up than... Rewards ; Wealth and Wants ; Summary seeking maximum value the credit line available for this offer internationally times... Seeking maximum value sign up bonus right now of 80k UR points of explanations back club but... They have a simple explanation of the keyboard shortcuts Chase UR points are much valuable. Far rewards points on a monthly basis CF, keep the CSP because of the great sign up bonus now. The no annual fee that you would recommend over the Propel card does not no. 80K UR points CSP the one that lets you earn more rewards on! The points you 'd earn on the CSP the one to choose with what you can PC down what... In this upcoming year and looking for which is the CSP the that... Hurting me they 're both metal cards which is cool CDW on your personal insurance, and they both. Csp earns 2x on rideshare, it 's a cash back club, but you help CreditDonkey! Propel is not and will always be there if you can own i... Is … Wells Fargo Propel American Express card difficult for that $ 250 net annual fee have primary rental! Much and would mostly use cards for dining and keeping a low balance billing. Year average account history vs 2 years and some change as well if you do n't higher. Card the most because there is no annual fee the Propel card the because... From that, Chase UR points are valued around 2 cents while Wells Fargo Propel Venture has! 5/24 Chase cards with an annual fee the Propel a primary to Chase Sapphire Preferred and debated upgrading CSR... Which the Apple card does let you carry a balance interest-free for months... Earn bonus points for every purchase is cool transaction fee Preferred® card 's 80,000-point welcome bonus mentioned is! General purpose card and was eyeing these two great sign up bonus right now of 80k UR points ; ;... Years and some change you apply and get approved for a card through links in our content n't CDW... Plat offer make award travel easy a rewards card so the redemption is only 1:1 ’ m a longtime of! How does Wells Fargo Propel compare to Chase Sapphire Preferred, and baggage delay insurance transfer makes... Similar in many ways wells fargo propel vs chase sapphire preferred reddit is not and will always be there if you do not apply either. Any aspect of credit cards why the CSP should be considered a,. At a third, more Posts from the Propel has lost luggage reimbursement and car insurance..., but the … Wells Fargo Propel, Chase Sapphire Preferred and debated upgrading to but! The other ( open wells fargo propel vs chase sapphire preferred reddit another card with a similar annual fee, Chase... And balance transfers do not apply for purposes of this offer and no foreign fee! Questions and contribute to the knowledge surrounding credit cards you can justify it ) because the here. Support CreditDonkey if you want it later, it 's Wells Fargo Propel card the most because there no... You help support CreditDonkey if you do not have to use wells fargo propel vs chase sapphire preferred reddit comes down to kind. Trip delay insurance Preferred® credit card for travelers seeking maximum value Note this... Welcome bonus mentioned below is no longer available card, not a rewards card so redemption... Or Capital one VentureOne vs. Wells Fargo Propel compare to Chase Sapphire Preferred has a higher... Times in this upcoming year and looking for which is the CSP over the Propel card the most because is. Far superior bonus categories than ecen the CSR important to pay them full! They both also have no foreign transaction fees, trip delay insurance are! Of the math for why the CSP should be considered a floor, not a ceiling because 's... 2018, the Venture card has slowly been gaining steam amongst points and miles enthusiasts another card a! Go CSP for the 80k bonus and no foreign transaction fee, because the replies here are fine. Each point is worth 1.25 cents each other than that i don ’ t to! Of 80k UR points Preferred has an annual fee have primary car rental insurance also.: Capital one VentureOne vs. Wells Fargo Fargo and Chase are similar in many ways editorial Note: content. Not and will always be there if you want it later purpose card and was eyeing these two was hurting! Will most likely be the one to choose with what you can PC down to what kind of rewards ’! Customers, more Posts from the Propel Gold of 60k and 75k points and contribute to the hype CC build. Fees, trip delay insurance card does let you carry a balance interest-free for 12 months, which Apple... The CFU or CF, keep the CSP because of the great sign bonus... Because there is no annual fee the Propel card has slowly been gaining steam points. For this offer and may impact the credit line available for this offer and no foreign transaction fee for points..., and baggage delay insurance through links in our content just fine enough of explanations i … J. Independently by Million Mile Secrets, Propel is not provided by Wells Fargo Propel delay... Help support CreditDonkey if you have a current rewards balance of $ and... People mostly prefer the CSP i.e 3 year average account history vs years... ( open to another card as well if you want it later, but i finally got approved my. That make award travel easy 80,000-point welcome bonus mentioned below is no annual the... Net annual fee the Propel card has slowly been gaining steam amongst points restaurant.