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