Chase Sapphire Preferred vs Wells Fargo Business Elite Signature Card

Common questions

Which card has the bigger sign-up bonus, Chase Sapphire Preferred or Wells Fargo Business Elite Signature Card?

The Chase Sapphire Preferred has a public bonus (75,000 points, worth roughly $1,500), while the Wells Fargo Business Elite Signature Card doesn't advertise one right now.

Is the Chase Sapphire Preferred's $95 annual fee worth it compared to the Wells Fargo Business Elite Signature Card?

At $95/yr, the Chase Sapphire Preferred is in the mid-fee tier. Compare its specific perks (lounge access, travel credits, primary rental insurance) to the Wells Fargo Business Elite Signature Card's, pick the one whose perks you'll actually use.

Can I have both the Chase Sapphire Preferred and Wells Fargo Business Elite Signature Card?

Yes, since they're from different issuers (Chase and Wells Fargo) the application rules don't conflict. Many points enthusiasts hold both, they pair well when one earns flexible bank points and the other earns a different currency.

Should I get the Chase Sapphire Preferred or the Wells Fargo Business Elite Signature Card first?

Get the one whose sign-up bonus you can hit comfortably without overspending. Chase Sapphire Preferred: $5,000 spend in 3 months. Wells Fargo Business Elite Signature Card: no published min spend. Pick the easier minimum spend if you're new to points; pick the larger bonus if you have planned big purchases coming up.