Chase sapphire preferred or Wells Fargo propel

[wasCB14]

Others have rightly dissuaded you from CSP, but as a general observation on the Sapphire family:

If the Reserve looks excessive, you probably don't need the Preferred.

That said, some people benefit more from CSP's free AUs, or can't get a $10k approval.

[Anonymous]

I guess the only thing that im thinking is that with the CSP I would get the sign up bonus and close to same benefits as the citi double cash back. The only negative that I’m seeing by choosing the CSP over the citi double cash back is that I would get 1% at stores and a $95 yearly fee.

Also with the citi double cash back, would I get cash back for paying bills? Cell phone, car, utilities, and what not. My guess if that’s the case, clearly the citi double cash back is the clear choice

[coldfusion]

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@Anonymous wrote:
I guess the only thing that im thinking is that with the CSP I would get the sign up bonus and close to same benefits as the citi double cash back. The only negative that I’m seeing by choosing the CSP over the citi double cash back is that I would get 1% at stores and a $95 yearly fee.

Also with the citi double cash back, would I get cash back for paying bills? Cell phone, car, utilities, and what not. My guess if that’s the case, clearly the citi double cash back is the clear choice

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Yes - even for these types of purchases you will get 1% cashback at time of purchase and the 1% at time of payment.

There is one caveat with this card - it's not unusual to get a fairly low starting limit (as in $3-4K range) which would prove to be a nuisance if you regularly plan to put $2K+ a month spend.

[mongstradamus]

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@Anonymous wrote:
I guess the only thing that im thinking is that with the CSP I would get the sign up bonus and close to same benefits as the citi double cash back. The only negative that I’m seeing by choosing the CSP over the citi double cash back is that I would get 1% at stores and a $95 yearly fee.

Also with the citi double cash back, would I get cash back for paying bills? Cell phone, car, utilities, and what not. My guess if that’s the case, clearly the citi double cash back is the clear choice

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When you are comparing CSP to DC it isn’t exactly direct comparison due to CSP main function is to transfer to transfer partners for travel. Thats where you get ther real value of the card where you can get 3 or 4 times the value. A basic example would be if you wanted to stay say at PH in NYC, which is normally around 1k a night. You could spend 30k UR to stay there so you would be getting over 3 times the value. 

If you are looking for a pure cash back card then I don’t think CSP really fits especially for that AF. You would have to put a lot of spend on that card to make it break even with 95 dollar annual fee.

[jdbkiang]

As others have said, neither card is really the best if you don’t travel often.

Citi DC is solid, and if you can, PayPal has a potential 3% back option too.

[Anonymous]

Gotcha..
just looked into the PayPal cash back card. Any benefits to having it over the citi double cash back?

[jdbkiang]

Well, if you pair it with their business debit, you can get 3% back. There’s a huge thread on this topic in this forum.