wells fargo propel vs chase sapphire preferred reddit

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

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