Navy Flagship has 3% on travel and 2% on overything else.
@Anonymous wrote:Doctor of credit claims the rumor is this card will be discontinued April 19th. I'm wondering is it worth applying for it? I know it has decent benefits, is there another card on the market that has similar benefits?
if I apply for it what's the odds I would be approved
ex 817
2 scorable inquiries one from November and one from the other day due to a business pull that was unexpected
Total of 6 cards with a cl of 36,300 on income of 55,000
0/6
0/12
7/24 (2 are closed)
I know even with high scores with no relationship they can be picky, I know they love the old too many cards/ too much credit reasoning
If I were you, especially seeing your EX score and knowing CHASE pulls EX, if 4/24 happens to be soon at all, I would be trying for the CFF.
I'm considering a Propel application also due to the possible end for new cards. It was on my short list but I had planned to apply late this year. My problem is I will be within the 15-month window of opening my Cash Wise so I may be denied the $200 SUB. Still, I may apply and take my chances. Decisions, decisions.
Propel is a great card. However, it duplicates my rewards coverage on other cards, and sometimes earns even less. On the positive side, I liked the diversity of adding a solid no-AF rewards card from another major lender which adds flexibility in the event my other cards are nerfed or if I elected to close any. I compare this card most closely to my Citi Costco card that earns 4% on gas and 3% on dining and travel, and with no-AF as long as I continue to justify a Costco membership regardless of the card.
Compared to Navy FCU Flagship Rewards, I still see Propel as a net-positive, although each have their strengths. It would depend on how you value different qualities. Both cards give 3% on travel - transit categories including flights, hotels, car rentals, buses, taxis, etc. Both cards have travel accident insurance and secondary rental car CDW coverage.
Propel has no AF and includes 3% cash back on major spending categories of gas, dining out-carryout, and streaming services which are not included on Flagship. If you also acquire the Wells Fargo Visa Signature card, Propel's Go Far Rewards points can be redeemed for 50% more value on airfare, making these categories worth 4.5%. That's a very good deal for a no-AF card. Propel also has better cell phone coverage if that is important to you. (Propel covers up to 2x $600 claims per 12 months; FSR covers up to 2x $250 claims per 12 months. Valuation difference is $1200 versus $500. Propel's deductible per claim is only $25 versus $50 per claim for FSR.)
Flagship Rewards has the $49 AF which is unfortunately not easily offset by the current Amazon Prime SUB as it was by the $500 (50K point) SUB offered previously. However, it still gives the TSA Global Entry credit, so if that is useful it effectively lowers the AF to $24 per year (including the TSA GE credit of $100/4 years.) The ability to grow the credit limit to $80K with FSR is something most people would have trouble doing on the Propel with Wells Fargo. With a base level of 2% cash back versus the 1% on Propel, the FSR could more easily become a "daily driver" card, but the particulars would depend on spend profile. This is also an area where the FSR exceeds the Citi Costco's base earnings of 1%. Unlike Propel, FSR's 3% on travel includes entertainment such as museums, golf courses, and theme parks.
@Anonymous, I think with your profile and scores, you would stand an excellent chance of approval. Also, your current limits are well below annual income x1, so I don't think you'd have any objections from Wells Fargo unless you have other outsized debts relative-to-income on other loans (mortages, student loans, auto loans, etc.)
