You can claim up to $1200 per year. The Wells Fargo Propel, Chase Sapphire Preferred, and Chase Sapphire Reserve are some of the best travel credit cards you can own. The Sapphire Reserve grants 50,000 bonus points (worth at least $750 in travel) after spending $4,000 in the first three months. JohnnyJet.com does not include all credit card companies or all available credit card offers. If you like what the Sapphire Preferred offers, but want more premium perks like lounge access, consider the Chase Sapphire Reserve®. $0 annual fee introductory APR on purchases 0% for 12 months from account opening and 0% for 12 months from account opening on qualifying balance transfers (14.49% to 24.99% (Variable) thereafter) Earn 3X points on eating out, ordering in and popular streaming services, 3X … Highlights. products appear on this site (including, for example, the order in which they appear). I did the math and decided to cancel the card before I'm billed for the high annual fee next year. However, since points are 50% more valuable when used to book travel with the Chase Sapphire Reserve, that narrows the gap in earnings. 2X points on dining at restaurants including eligible delivery services, takeout and dining out and travel & 1 point per dollar spent on all other purchases. As you’ll see in this Wells Fargo Propel vs Chase Sapphire comparison, each credit card caters to a different travel style. For family use, we’d have to buy Chelsea a membership out of pocket ($85), because ditching her in the regular security line would not go over well! Each point is worth 1 cent when redeemed for cash rewards or gift cards. A better redemption option can be transferring your points to the Chase Ultimate Rewards transfer partners like Southwest Airlines, United Airlines, British Airways, Air France FlyingBlue, and World of Hyatt. Priority Pass has four lounges at JFK, but they’re not in the terminals we typically use. If you apply for a credit card, the lender may use a different credit score when considering your application for credit. For an explanation of our…, We do receive compensation from our advertising partners for links on the blog. Ted Rossman. is the industry analyst at CreditCards.com. The Chase Sapphire Preferred benefits include many of the same trip protection benefits as the Sapphire Reserve. Wells Fargo‘s checking and savings accounts generally have lower monthly fees than Chase… Annual fee: $450. Privacy Policy. Like the Sapphire Preferred, your points are worth 1 cent each for cash and gift cards. See the online credit card applications for details about the terms and conditions of an offer. Privacy Policy, Essential news and expert tips in your inbox every week. But, the best one for you depends on your spending habits and your travel goals. This portal is powered by Expedia so the 25% travel redemption bonus applies to flights, hotels, rental cars, cruises, and tours. Keep in mind, the Wells Fargo Propel has a $0 annual fee, while the Chase Sapphire Preferred has a $95 annual fee. Pepsi and Coke. Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airlines or hotel chain, and has not been reviewed, approved or otherwise endorsed by any of these entities. Articles on Wells Fargo Propel American Express® card Articles on Chase Sapphire Preferred® Card One of your best options can be Singapore Airlines. Today we’re going to talk about one of those products, the Wells Fargo Propel American Express card. I'm looking at these cards strictly as travel rewards cards and compared them. Of course, Sapphire Reserve points are valued differently from Propel points because they can be transferred to 10 airline partners and three hotel chains, or you can book travel through Chase at a rate of 1.5 cents per point. Wells Fargo‘s Platinum savings account is slightly higher than Chase‘s savings account. The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Read our comparison chart below. However, your points can also be worth less than 0.8 cents depending on the cash value of your travel booking. Your points can easily be worth between 2 cents and 6 cents each, depending on which airline you transfer your points to. Though, the Reserve’s annual fee is justified – if you use the benefits. In regards to earning points, the Wells Fargo Propel has the most bonus categories. And if you’re interested in aesthetics, all three cards are some of the best metal credit cards you can have in your wallet. CreditCards.com is an independent, advertising-supported comparison service. TSA Precheck would save me some time on business trips. Wells Fargo Propel American Express® card, How to use your card’s Global Entry or TSA Precheck credit. When the Chase Sapphire Preferred is Best, Summary of Well Fargo Propel vs Chase Sapphire Cards, The Best Gas Credit Cards for Rewards, Cash Back, and Bonuses, Best Credit Cards For Dining, Restaurants, Takeout, & More 2021, Best Credit Cards for Travel Rewards (2021), How Hard Is It To Get The American Express Platinum Card? But I have a Wells Fargo Propel that has done well for me. Get essential reads every week with our newsletter. Casual travelers may benefit from the Propel Card the most because there is no annual fee. But it’s less straightforward for my personal situation. Similar to Chase, Wells Fargo has 5,700 brick-and-mortar branches around the country and around 13,000 ATMS. However, the coverage amounts are usually less and you won’t get other premium benefits like an annual travel credit, lounge access, or free Global Entry. While I might be whistling past the graveyard, these alone aren’t reasons for me to get a new credit card. Those same spending habits would have yielded 40,000 Chase Ultimate Rewards points, worth at least $600 in travel. Or you can book a partner flight on Alaska Airlines for 15,000 miles plus fees round-trip in the main cabin. I see the potential value, but I also hope to avoid flight delays, cancellations, lost luggage, rental car accidents and other maladies. Still, the Propel Card offers standard trip protection benefits like secondary rental car insurance, trip cancellation coverage, and baggage delay reimbursement. Who wins the Chase Sapphire Preferred Card vs Capital One Venture battle? Ted Rossman In fact, Wells Fargo may be a better choice for many customers. You don’t get rewards on that $300, so to be very technical, that represents an additional opportunity cost of 900 points (worth $13.50 in travel). Annual fee: $95. All Rights Reserved. Check out our post on the Chase Sapphire Reserve vs Chase Sapphire Preferred to take a deeper dive. Both Wells Fargo points and Chase Ultimate Rewards points are worth 1 cent each when redeemed for cash or gift card rewards. Lower monthly fees. Higher rates. Your points are only worth 1 cent each when other travel rewards, cash, and gift cards. Here’s our full Advertiser Policy. A second reason is that the Wells Fargo Propel doesn’t have an annual fee but the Chase Sapphire cards do. $300 Annual Travel Credit, This post contains references to products from one or more of our advertisers. Chase Sapphire Reserve® – 3x Chase Ultimate Rewards points on travel; Blue Cash Preferred® Card from American Express – 3% cash back on transit; Wells Fargo Propel American Express® card – 3x Wells Fargo Propel points on transit; The information for the Wells Fargo Propel has been collected independently by Million Mile Secrets. You can also redeem your points for cash and gift card rewards at 1 cent each. Learn more: Chase Sapphire Preferred® Card. These cards are on the shortlist for most travel buffs for the valuable point redemption options. None of these three cards charge a foreign transaction fee. Additionally, it is best if you redeem your points for award flights booked on the Wells Fargo Travel Center as each point can be worth 1.5 cents each. Rewards dilemma: Wells Fargo Propel, or Chase Sapphire Reserve? Wells Fargo. The other travel perks are total wild cards. Advertiser Disclosure: Most of the credit card offers that appear on this site are from credit card companies from which JohnnyJet.com receives compensation. Wealth and Wants Opinions expressed here are author's alone, not those of the bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. For an explanation of our Advertising Disclosure, visit this page. Because the Chase Sapphire cards have an annual fee, you will need to decide if the redemption options and additional travel benefits are worth the fee. Posted by 11 months ago. Each card offers a few different travel and purchase protection benefits. Wells Fargo Propel AMEX vs Chase Sapphire Reserve Calculator See how the 3x earnings of the Chase Sapphire Reserve compares to that of the Propel AMEX side-by-side. Still, this card has some of the best trip protection benefits with a reasonable $95 annual fee, compared to the Reserve’s $550 annual fee. Close. On the other hand, the Sapphire Reserve carries a $450 annual fee with a $300 travel credit. They are also some of the best travel credit cards available. Annual fee: $0. CreditCards.com credit ranges are derived from FICO® Score 8, which is one of many different types of credit scores. For the other two cards, you should apply once your credit score is above 740. However, note that the Wells Fargo Propel American Express® card doesn’t have any airline or hotel transfer partners. But you can get a travel redemption bonus for all three cards too. You will earn 3x Ultimate Rewards points per $1 spent on dining. The Chase Sapphire Reserve® Card was introduced nearly five years ago, in the summer of 2016.It quickly became one of the most popular premium credit cards, and demand greatly exceeded what anyone was likely expecting. By providing my email address, I agree to CreditCards.com’s Wells Fargo Propel Card vs Chase Sapphire Reserve. It has not been provided or commissioned by the credit card issuers. Winner: Wells Fargo Propel American Express® card. These bonus rewards points will show as redeemable within 1-2 billing periods after they are earned. (Review). You can also transfer your points at a 1:1 ratio to over 12 airline and hotel loyalty programs where they can be worth more than 1.5 cents each. I’m a longtime member of the cash back club, but the siren song of travel rewards is getting louder. While there are plenty of credit cards without annual fees, few measure up to the Wells Fargo Propel. However, we may receive compensation when you click on links to products from our partners. 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. Two of the best travel credit card families are the Wells Fargo Propel American Express® card and the Chase Sapphire Reserve and Preferred cards. The comments on this page are not provided, reviewed, or otherwise approved by the bank advertiser. Privacy Policy. Cash back and travel rewards. It’s free, quick, and doesn’t hurt your credit score to check before you apply. 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 … Chase Sapphire Reserve and Wells Fargo Propel 365 Comparision Review The Chase Sapphire Reserve has a higher redemption value and more valuable sign-up bonus than the Wells Fargo Propel 365. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within listing categories. Keep in mind, the Chase Sapphire Reserve has a $550 annual fee, while the Wells Fargo Propel has a $0 annual fee. When you click on Credit Cards. otherwise endorsed by any of these entities. Earn unlimited 3x Wells Fargo Go Far Rewards points per $1 on these purchases: All non-bonus purchases earn 1x point per $1 spent. US Bank Altitude Go: 12g. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. The information related to Wells Fargo Propel American Express® Card has been collected by Johnny Jet and has not been reviewed or provided by the issuer or provider of this product or service. The Chase Sapphire Reserve recently increased its annual fee to $550. Redeeming Rewards Points. Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airlines or hotel chain, and has not been reviewed, approved or otherwise endorsed by any of these entities. With the metal Wells Fargo Propel American Express card, by contrast, you’ll earn an impressive 3 points for every dollar you spend on a wide variety of everyday purchases, including restaurant and delivery purchases, gas stations, public transportation and popular streaming services. I currently combine my Freedom points with Sapphire. How it compares with the Chase Sapphire Reserve: The Citi Prestige has a higher rewards rate on airfare and dining than the Chase Sapphire Reserve. Keep an eye on your inbox—we’ll be sending over your first message soon. This card appears to be a direct response to Chase Bank’s Sapphire Reserve, seeing that it offers 3x points in the same categories. Additional benefits are the Wells Fargo Propel’s weakness. It’s also possible to earn bonus points on non-travel spending. Please review our list of best credit cards, or use our CardMatch™ tool to find cards matched to your needs. If you are curious about other cards that don’t have an annual fee, check out our post on some of the best no annual fee travel credit cards. Your points are worth 1 cent each for cash and gift card rewards on all three cards. This exercise validates my earlier thinking that if I sign up for a travel card with an annual fee, it should be the Citi Premier® Card. See related: Chase Sapphire Reserve: Is it worth it? He has spent the past decade in the personal finance industry, conducting consumer and industry research and providing commentary for media and consumers. Annual fee: $0. Non-bonus spending earns 1x point per $1. The Propel card gives 20,000 bonus points (worth $200) for spending $1,000 in the first three months. Your points for other travel and cash redemptions are only worth 1 cent each. For the Chase Sapphire Reserve, you will need to have excellent credit. Chase Sapphire Reserve (CSR): 13g. The Propel card’s most notable extra feature is cellphone insurance (up to $600 per claim and $1,200 per 12-month period, with a $25 deductible). The card will earn 3x points per dollar spent on dining, transit and travel, and streaming services, and 1x point on everything else. You can transfer your points in 1,000-point increments. This makes those 30,000 signup bonus points worth $450. Below are the most valuable redemption options for each card. Your points are only worth 0.8 cents each when redeeming for Amazon.com points or Apple store credit. I was talking up the airport lounge access to my wife Chelsea, but she wasn’t interested. 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. His focus areas include credit cards, debt management and credit scores. ATM transactions, cash advances of any kind, balance transfers, SUPERCHE… Our advertiser partners include The…. There is also a new bonus perk for 2020. Reasonable efforts are made Below are the standard signup bonuses for each card as well as their travel award value. Annual fee: $0. 50,000 Bonus Points. These cards are on the shortlist for most travel buffs for the valuable point redemption options. Appendix: Discontinued Cards. Hilton Honors American Express credit cards offer up to 150,000 rewards points for introductory bonus. Instead, make a purchase with your Sapphire Preferred and redeem your points as a cash statement credit if you prefer cash rewards. 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. See related: How to use your card’s Global Entry or TSA Precheck credit. I'm a freelance writer specializing in personal finance and travel credit card rewards. You can your KrisFlyer miles for a Singapore Suites cabin for one of the best first-class award experiences. It’s also not practical, because the airports we use the most are JFK (New York City) and SFO (San Francisco). The editorial content on this page is based solely on the objective assessment of our writers and is not driven by advertising dollars. This compensation may impact how and where products appear on this site, including, for example, the order in which they appear within listing categories. Ted regularly shares his advice via major media outlets such as Good Morning America, the Wall Street Journal, CNBC and Fox Business. I considered applying. The Propel is also the only Wells Fargo metal credit card. Other factors, such as our own proprietary website rules and the likelihood of applicants' credit approval also impact how and where products appear on this site. The offers that appear on this site are from companies from which CreditCards.com receives compensation. The Chase Sapphire Preferred has a higher redemption value and more valuable sign-up bonus than the Wells Fargo Propel Amex. For an explanation of our Advertising Disclosure, visit this page. However, all credit card information is presented without warranty. It usually takes 12 hours door-to-door and adding any time to that – even in a luxurious airport lounge – is a tough sell in my household. Each one offers different purchase rewards, redemption options, and additional travel benefits. The Sapphire Reserve is a great comparison because it’s a favorite of travel rewards devotees, and its earn rate is basically the same as the Propel card: 3 points per dollar on travel and dining, 1 point per dollar on everything else. Chase UA Club: 12g. Each point can be worth more than 1.25 cents each if you transfer them to an airline or hotel transfer partner like United Airlines, Southwest Airlines, British Airways, or World of Hyatt. Who should apply: The Chase Sapphire Reserve card is one of the top premium travel cards available. We may receive compensation when you click on links to those products. There are zero Priority Pass lounges at LaGuardia (New York City), New Orleans, Austin or White Plains, New York, and the only options at O’Hare in Chicago are in the international terminal. The Wells Fargo is a great, no-annual fee rewards card that earns a great return on travel, dining, gas station, and streaming services. 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