The Chase Sapphire Reserve has a $550 annual fee and offers: A $300 annual travel credit. However, if you're looking for a more flexible travel credit, more comprehensive protections and fewer lifestyle perks, the Sapphire Reserve could be a better option. The USDA National Hunger Hotline has information available in both English and Spanish. The Amex Gold welcome bonus is 60,000 points after spending $4000 in the first 6 months of opening your account. It's automatically applied to your first $300 in travel and transit spending, covering those purchases (or, if one single purchase is larger than $300, covering the first $300 of it). Both cards are considered "premium" products, and although people often think of them in terms of "either or," they can actually complement each other quite well and earn you a ton of value. Terms, Conditions and Limitations Apply. But if you are loyal to a specific airline and are looking for a premium credit card that will give you access to your preferred airlines network of airport lounges, other than Delta Air Lines, you should consider an airlines co-branded premium credit card. Terms, Conditions and Limitations Apply. Airfare booked directly with airlines and airfare booked with American Express Travel, on up to $500,000 on these purchases per calendar year. Eligibility and Benefit level varies by Card. So theres nothing further I need to do to justify the card on my end, and its also why I judge the value of Thats significantly lower than the Amex Platinum offer, though the spending requirement to earn the bonus is also lower. I know that typically these two car are viewed as "rival" car. Here are the best cards for making your trip more comfortable. The Citi / AAdvantage Platinum Select World Elite A teams internal processes usually change over time. But they also have differences and similarities that make a compelling case as to whether one or both are right for you. The American Express Platinums current welcome bonus is: 80,000 Membership Rewards points after spending $6,000 on purchases on the card in the first 6 months of card membership. Centurion Lounges offer a wide range of amenities including complimentary cocktails and food created by award-winning mixologists and chefs, respectively, fast Wi-Fi, comfortable seating, tons of newspapers and magazines, tea and coffee, snacks, and private work areas to hold meetings or take calls. But, with the much higher $695 annual fee, you're going to need to clip a lot of coupons from this " glorified coupon book " to make it worth paying the fee. This site does not include all credit card companies or all available credit card offers. Find the right card for you. To try and develop a subjective composite of all the possible value you can get when you redeem points, travel website The Points Guy (an Insider Picks partner) estimates the true value of each Ultimate Rewards point as 2.1. You'll earn about 3,000 points per month, or 36,000 in a year. Right on! Another area where Amex excels is by offering Gold elite status with both Marriott and Hilton to Platinum cardholders. Ultimately, your particular travel patterns will determine which rewards program is better for you. Thats $750 when you redeem through Chase Ultimate Rewards. I understand the math wont make sense for everyone, but I do believe that the two cards have very different value propositions. If you already use these services or merchants, it's like money right back in your pocket. While you'll pay over $1,200 in annual fees between the two cards, I think it absolutely could make sense to have both. Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more. Disclosure: This post is brought to you by the Insider Reviews team. Normally, you would need to stay for 40-50 nights to earn that level of status, so if you stay anything less than that but often enough to use the benefits this can come in extremely useful. BANKING. Earn 60,000 points after you spend $4,000 on purchases in the first 3 months. read about my favorite perks of the Amex Platinum Card. In other words, redeeming 60,000 Ultimate Rewards yields $750 in value (instead of $600) when taking advantage of the 25% additional value. Both can easily justify the card's annual fee in your first year. Earn 90,000 bonus miles after you spend $6,000 in purchases on your new Card in your first 6 months. The Since both cards cater to frequent travelers, youll be pleased to learn that neither card charges a foreign transaction fee. Compare the cost in points or miles to cash, and see which option is best. Up to $200 annual Uber Cashfor eligible U.S. purchases ($15 each month, with a $20 bonus in December). PreCheck credit (This benefit applies once every 4.5 years for the application fee for TSA PreCheck and every 4 years for Global Entry), Access to the Amex International Airline Program, which can save you money on premium international airfare, Access to Amex Fine Near simultaneously, Chase and Amex have reinvented or refreshed their highly-regarded premium credit cards - Chase Sapphire Reserve (CSR) and The Platinum Card from American Express - adding or enhancing both the base value proposition and benefits. Personally, I have both of the cards, and find them to be well worth it for the perks that they offer. View the current offers here. It also has an equally broad 3 points per dollar spent on dining that the Platinum cant match. That noted, there are plenty of very . This post contains references to products from one or more of our advertisers. Points are worth 1.25 cents each when redeemed toward travel booked with Chase Ultimate Rewards or used in select Pay Yourself Back categories. Cost includes $12.95 plus applicable local sales tax. Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. Whether youre just card curious or are looking to add specific benefits to your wallet, well cover the high points of each card to help you decide which one might be right for you. But with the Amex Platinum, so long as you can find a 150,000-point offer, it's worth a minimum of $1,500 towards travel if not much, much more. That means that at the end of your first year, you'll have gotten back the entire fee, plus an extra $50. However, they offer slightly different value propositions. Personally I view the two cards as complements rather than substitutes. Cardholders earn 5 Membership Rewards points per dollar for flights booked directly with airlines or with American Express Travel on up to $500,000 per calendar year, 5 points per dollar on prepaid hotels booked with American Express Travel and 1 point per dollar on other eligible purchases. * (Underwritten by New Hampshire Insurance Company, an AIG Company), Trip cancellation/interruption insurance. Find the right card for you. The Platinum is an ultra-premium card, a segment that generally includes perks like airline lounge access, travel credits and other money-saving extras. Keep in mind that we're focusing on the rewards and perks that make these cards great options, not things like interest rates and late fees, which can far outweigh the value of any rewards. Eligibility and Benefit level varies by Card. Get the Chase Sapphire Reserve, Do you want the best card for airport lounge access, a huge number of credits that could way more than justify the annual fee, useful mid-tier hotel status with two programs, 5x points on airfare, and more? Ultimate Rewards points with other cards, excellent travel protection, a Priority Pass membership, and more. Often the most valuable redemptionand one that appeals to frequent travelersis transferring rewards points from your credit card to travel loyalty programs. Email us at reviews@businessinsider.com. Make sure your credit card checks off these 5 boxes when traveling internationally. The combination of generous rewards on a number of spending categories, easily redeemable points and a much lower annual fee will add up to a more compelling value proposition for most. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.), Trip delay protection. Let me break down why these cards serve such different purposes.Basics of the Amex Platinum CardBasics of the Chase Sapphire Reserve CardWhy the cards are complements, not substitutesBut who wants to pay $1,245 in annual has been a frequent flier for as long as he can remember. In the right hands, the classic status card's staggering annual fee is well justified. Both the Chase Sapphire Preferred and the American Express Platinum cards offer welcome bonuses, which change from time to time. In the interest of full disclosure, OMAAT earns a referral bonus for anyone thats approved through some of the below links. That's only $667 per month of spending required to hit the bonus! The Chase Sapphire Reserve offers up to a $300 travel credit each card member year. Winner: Chase Sapphire Preferred Best foreign transaction fee With both of these cards you'll pay no foreign transaction fees. Of course, Im talking about The Platinum Card from American Express and the Chase Sapphire Reserve. New IHG Rewards Premier Credit Card cardholders can earn 175,000 Bonus Points after spending $3,000 on purchases in the first 3 months from account opening. Some people give Chase the edge since it partners with more programs you may already be familiar with and includes Hyatt (arguably the most lucrative hotel program based on the value of its points). The same can be said of certain perks on the Amex Platinum including statement credits with Saks Fifth Avenue, Clear and select digital entertainment providers. Many of these cards offer solid value, especially if youre loyal to the underlying brand. $(function () { init(); setTimeout(function () { init(); }, 400); function init() { compareWidgetAlignment(); bindEvents(); showRatingTooltip(); } function bindEvents() { $(window).on('resize', window.throttle(windowResizeHandler)); } function compareWidgetAlignment() { document.querySelectorAll('.compare-cc-wrapper').forEach(function (ele) { setSameHeightForElements(ele.querySelectorAll(".top-text")); setSameHeightForElements(ele.querySelectorAll(".credit-card-wrapper-heading")); setSameHeightForElements(ele.querySelectorAll(".credit-card-wrapper-title")); setSameHeightForElements(ele.querySelectorAll(".credit-card-wrapper-rating-img-wrapper")); setSameHeightForElements(ele.querySelectorAll(".apply-now-btn-wrapper")); setSameHeightForElements(ele.querySelectorAll(".credit-card-wrapper-below-text")); setSameHeightForElements(ele.querySelectorAll(".credit-card-wrapper")); setSameHeightForElements(ele.querySelectorAll(".card-img-inner-wrap")); setSameHeightForElements(ele.querySelectorAll(".credit-card-wrapper-reward-rate")); setSameHeightForElements(ele.querySelectorAll(".detail-wrapper"), '0'); setSameHeightForElements(ele.querySelectorAll(".partner-offer"), '0'); }); } setTimeout(function () { document.querySelectorAll(".loader").forEach( function(item){ return item.style.display = "none"; }); }, 1100); function applyHeightAuto(cardsList) { cardsList.forEach(function (card) { card.style.height = 'auto'; }); } function getMaxHeight(cardsList) { return Math.max.apply(null, $(cardsList).map(function () { return $(this).outerHeight(); }).get()); } function setSameHeightForElements(cardsList) { applyHeightAuto(cardsList); var maxHeight = getMaxHeight(cardsList); cardsList.forEach(function (card) { card.style.height = maxHeight + 'px'; }); } function windowResizeHandler() { compareWidgetAlignment(); } function showRatingTooltip() { var device_type = getDeviceTypeInNumber(window.deviceType); if (device_type === 1) { $('.card-rating').on('mouseenter', function () { $(this).find('.card-rating-tooltip').addClass('show'); }); $('.card-rating').on('mouseleave', function () { $(this).find('.card-rating-tooltip').removeClass('show'); }); } else { if (!window.tooltipMobileEvent) { window.tooltipMobileEvent = true; $('body').on('click', function (e) { var ratingComponent = $(e.target).closest(".card-rating"); var ratingTooltip = ratingComponent.find('.card-rating-tooltip'); if (ratingComponent.length >0 && !ratingTooltip.hasClass('show')) { ratingTooltip.toggleClass('show'); } else if ($('.card-rating-tooltip').hasClass('show')) { $('.card-rating-tooltip').removeClass('show'); } }); } } } }); If you are considering the Chase Sapphire Preferred Card or the The Platinum Card from American Express (Terms apply. Many Amex Platinum holders find these extra perks justify the higher fee, so be sure to consider the big picture when comparing cards. Chase offers no equivalent benefit. The Chase Sapphire Reserve's annual fee is slightly lower at $550. That said, youll often get a better value by transferring your points to the loyalty programs of airlines and hotels instead. He earned his bachelor's degree from Muhlenberg College and his master's from the University of Edinburgh in Scotland, UK. Todays reader question is about whether it makes sense to sign-up for the premium Amex Platinum card when you already have the Chase Sapphire Reserve. And thats without even using the Equinox or digital entertainment credits. For rates and fees of the Amex Platinum, click here. While the credit doesn't cover tickets, it covers incidental fees like checked bags, seat assignments on basic economy tickets, change fees, and more. Our points-obsessed staff uses a plethora of credit cards on a daily basis. Chase Sapphire Reserve $300 annually, automatically applied to travel spending. Our opinions are our own, and have not been reviewed, approved, or endorsed by our advertising partners. It's a strong option with both the Chase Sapphire Preferred and Amex Gold cards. THE GREAT GATSBYChapter 7: Heat SymbolismWeather symbolism? For an explanation of our Advertising Policy, visit. Amex Platinum. Not only is it a higher amount than the up-to-$200 airline fee credit that comes with the Amex Platinum, but its also much less restrictive. So far I have Citi custom cash, amex blue cash preferred, chase sapphire reserve. Nowadays premium credit cards are more popular than ever before. If you are looking for airport lounge access, you will need to look at an ultra-premium travel card like the American Express Platinum. Enjoy access to more than 1,400 airport lounges worldwide through the Global Lounge Collection. Information provided on Forbes Advisor is for educational purposes only. Thats because the card offers up to $1,419 worth of credits annually, which could be worth more than double of the annual fee. Subscribe to our newsletter. Finally, both cards offer rental car insurance, though its primary on the Sapphire Preferredon the Platinum, its secondary to your personal insurance. We highlight products and services you might find interesting. It will automatically apply to a broad range of travel purchases, while the $200 Amex airline credit only applies to select fees such as seat assignments or checked bags and you're limited to a single airline you designate each year. The best option is transferring to an airline. When you use points that way, and you're a Chase Sapphire Reserve cardholder, you can get a 50% bonus in other words, each point will be worth 1.5 instead. Please visit americanexpress.com/benefitsguide for more details. Terms, Conditions and Limitations Apply. Lets say youre spending $5,000 on both airfare and dining combined each year, $1,000 on hotels or cruises and $10,000 on non-bonus spending. Are you sure you want to rest your choices? Do you have the The Platinum Card earns 5x points per dollar spent on flights purchased directly from the airline or Amex Travel, or pre-paid hotel bookings made through Amex Travel (starting January 1, 2021, earn 5X points on up to $500,000 on these purchases per calendar year), and one point per dollar on everything else. Black-owned Businesses. She's always looking for new ways to make travel easier, more memorable, and more affordable, particularly by using miles and points. Check here before booking an award fare. Still, if you travel several times a year, it may be worth considering both as part of your card portfolio as long as you can tackle the hefty annual fees. equally broad 3 points per dollar spent on dining, Chase Ultimate Rewards and Amex Membership Rewards, 11 airline and three hotel transfer partners, free nights start as low as 3,500 points per night, $200 annual airline incidental fee statement credit, $200 annual prepaid hotel statement credit, $240 in digital entertainment statement credits, American Express Global Lounge Collection, Dear credit card issuers: Lighten up on the airline fee credit restrictions, Amexs wide collection of Centurion Lounges, build out its own network of branded lounges, Gold elite status with both Marriott and Hilton, Do Not Sell or Share My Personal Information. Terms, Conditions and Limitations Apply. However, they offer slightly different value propositions. Its true the Amex Platinum offers Delta Sky Club access. Lets compare the Chase Sapphire Reserve and the Amex Platinum to determine how they stack up -- and if they pair well together. See what a point or mile is worth with our appraisals of a loyalty programs currency, based on redemption values. There are plenty of other benefits that come with the Platinum Card, including exclusive access to a concierge service,a credit to cover enrollment in TSA PreCheck/Global Entry, purchase protections,a free membership in Boingo's preferred plan, which gets you access to more than 1 million WiFi hotspots around the world,access to the AmEx Fine Hotels and Resorts program, and much more. To me that means the card has a real out of pocket of $250 annually, and for that you receive 3x points on dining and travel, the ability to maximize the value of The annual fee is $99. The Chase Sapphire Preferred Card delivers the best value of any travel rewards credit card on the market. Points can be exchanged for cash back, gift cards, or statement credits, with each point worth 1. However, since earning the welcome offer, I don't often use my Platinum Card for everyday spending unless I need to in order to to get a certain benefit or unlock an Amex Offer. To view rates and fees for The Platinum Card from American Express please visit this page. $155 Walmart+ Credit: Cover the cost of a $12.95 monthly Walmart+ membership with a statement credit after you pay for Walmart+ each month with your Platinum Card. Executives hint at an answer. Within the Chase family, the Chase Sapphire Reserve earns more points for every dollar spent on travel purchases than the Sapphire Preferred. When you get the card, be sure to flip through the benefits guide. However, the Amex Platinum offers up to $200 in Uber credits annually, up to a $100 annual credit for purchases made at Saks Fifth Avenue, Global Entry or TSA PreCheck application fee credit, up to $200 in annual hotel credits, up to $200 in annual airline fee credits, up to $300 annually in statement credits for an Equinox digital or club The former built the market for premium rewards cards decades ago, while the latter is responsible for growing its mass appeal. Points transfer to participating partner programs, many at a 1:1 ratio. Your financial situation is unique and the products and services we review may not be right for your circumstances. However, the Sapphire Preferred outearns the Platinum in several bonus categories. That being said, the math truly does check out for me on both cards. Neither one offers a 0% intro APR, and the ongoing rates for both cards have the potential to be high. We'll run a soft credit check to find special offers, but it wont affect your credit score. Get $200 back in statement credits each year on prepaid Fine Hotels + Resorts or The Hotel Collection bookings, which requires a minimum two-night stay, through American Express Travel when you pay with your Platinum Card. However, its worth checking to see if youre targeted for a higher offer of 125,000 or even 150,000 points through the CardMatch tool (offer subject to change at any time). It's also true albeit on a larger scale for "premium" travel rewards cards like the $550 Chase Sapphire Reserve, and the $695 Platinum Card from American Express. Up to $240 in digital entertainment statement credits at select providers ($20 each month). * (Underwritten by AMEX Assurance Company. Another major cruise line hikes drinks package costs sharply but there's a twist, Get more from your points with these transfer bonuses. all about the points earning potential and great purchase protection. If you don't buy insurance, you'll still be covered during a delay, and you'll be covered for potentially hundreds of dollars. See our The Chase Sapphire Reserve and The Platinum Card from American Express are two of the most popular and rewarding premium cards. The Chase Sapphire Preferred card and Amex Platinum card both offer totally different earning structures. Underwritten by New Hampshire Insurance Company, an AIG Company. Points transfer to participating partner programs at a 1:1 ratio. This is worth approximately $2,000 to $2,500 depending on your redemption method. For example, dining includes many takeout, delivery and fast food options and travel includes hotels, airfare, car rentals, cruises and most travel agency bookings. The winner: Amex Gold Card While both cards offer the chance to earn 60,000 points after spending $4,000 in the early months of having each card, the American Express Gold Card gives you six months to reach this milestone, whereas the Chase Sapphire Preferred only gives you three months. Chase has historically been the leader in travel insurance, with a multitude of different policies and generous terms. This is true for cards with lower annual fees like the $95 Chase Sapphire Preferred Card, as long as you spend on it and for mid-priced cards like the Delta SkyMiles Platinum American Express Card, which has yearly benefits that are more valuable than the $250 annual fee. A Global Entry or TSA A bunch of annual credits a $300 annual Equinox credit (enrollment required), a $240 annual digital entertainment credit (enrollment required), a $200 annual hotel credit, a $200 annual airline fee credit (enrollment required), a $200 annual Uber credit (enrollment required), a $189 annual CLEAR credit, and a $100 annual Saks credit, The most comprehensive airport lounge access offered by any credit card, including access to Amex Centurion Lounges, Delta SkyClubs, a Priority Pass membership (enrollment required), and more, 5x points on airfare purchased directly from airlines (on up to $500,000 in If you have an American Express card, log in to your account and check the offers section for a way to save $250 on your next cruise.Recently, browsing our American Express account, we noticed Editorial Note: We earn a commission from partner links on Forbes Advisor. Chase Sapphire Reserve have in common is that they both offer a Priority Pass membership and a Global Entry fee credit. Ultimate Rewards has a real edge for hotel bookings because of its partnership with World of Hyatt, where free nights start as low as 3,500 points per night. In Points are worth 1 cent each when redeemed toward travel booked with American Express Travel. Terms apply to offers listed on this page. Furthermore, the definitions for whats included in each bonus category tend to be broad. Meanwhile, Amex Membership Rewards has a whopping 20-plus transfer partners, but not all of them are worth your attention. Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024. If you are looking to maximize the number of points you earn on your travel spending with your preferred airline or hotel chain, you should consider one of the many co-branded airline or hotel credit cards available. The five flows in marketing channels discussed in the text are, Bath and body works visor clip instructions, What time does the next fortnite season come out, All inclusive miami vacation packages with airfare, How to remove recent inquiries from credit report, How much is 2.5 liters of water in gallons, Amex Platinum Vs. Chase Sapphire Reserve (2022). Improve earnings, maximize rewards and track progress toward dream trips. We may receive compensation when you click on links to those products. Plus Ups are excluded. Both cards can potentially offer outsized value, but theyre very different from one another. Chase Sapphire Preferred Card vs. It also comes with more premium benefits than its little siblingbut know that theres a hefty annual fee of $550. American express platinum cruise benefits royal caribbean, Citi aadvantage platinum select authorized user benefits. Official application link: Amex Platinum.Official application link: Chase Sapphire Reserve. Breeze through security with CLEAR lanes available at 100+ airports, stadiums, and entertainment venues and get up to $189 back per calendar year on your membership when you use your Card. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). Furthermore, I earn lots of bonus points and get great travel protection with the card. Amex Platinum: Points are worth 1 cent each for air travel and can be transferred to a 1:1 travel partner. Credit Score ranges are based on FICO credit scoring. Opinions expressed here are the author's alone, not those of the bank, credit card issuer, airline, hotel chain, or Bottom Line: Unsurprisingly, you'll find that the rewards and benefits of the Amex Blue Cash Preferred card are tailored towards everyday purchases, while the offerings of the Chase Sapphire Preferred card are more focused on travel. That means that Amex points are slightly more valuable than Chase points. Many of these cards are also available with no annual fee. Underwritten by AMEX Assurance Company. If you prefer an Amex, consider the American Express Green Card*. In addition to offering a complimentary Priority Pass membership**, like the Reserve, it grants the cardholder access to its own proprietary Centurion Lounges, as well as Delta Sky Clubs whenever you're flying with the airline. Opinions expressed here are the authors alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. Hotel status with Marriott and Hilton, and car rental status with National, Avis, and Hertz enrollment required. When it comes to North American transfer partners, Chase includes United Mileage Plus, Southwest Rapid Rewards and JetBlue. Amex Platinum. Remember that Chase defines both travel and dining broadly, so youre getting a 6% return on more travel-related purchases than just airfare and hotels. Chase offers a broader range of bonus categories, including everyday purchases like travel and dining. $50 annual hotel credit that can be used for any booking. Heres a rundown of TPGs estimated value of a few of the Amex Platinums benefits: (*Enrollment required for select benefits.). Let me share my math, based on my own situation. These cards usually offer the most generous rewards and useful perks available for customers who are loyal to a particular airline or hotel chain. You can get up to $200 a year in Uber credits each card member year. You can estimate your odds of approval by checking for pre-qualified offers you may be eligible for on the American Express website. For starters, the Sapphire Reserve still has an edge over Amex regarding the $300 annual travel credit. Earn 5x on travel purchased through Chase Ultimate Rewards, 3x on dining and 2x on all other travel purchases, plus more. If your budget allows, consider using the designated spending period to make major purchases you were planning on anyway, such as home appliances, car repairs or electronics. Access your favorite topics in a personalized feed while you're on the go. Which one of the following would be considered the most appropriate action for a leader during the performing stage of team development? The $50 annual credit against hotel purchases made through Chase Travel offsets about half the $95 annual fee. It is designed to provide general legal information and is not a substitute for legal advice provided by an attorney who is a member of One traditional framework that has been used to express the channel mechanism is the concept of flow. The Chase Sapphire Reserve and Amex Platinum are two of the most valuable rewards cards on the market, but theyre also two of the most expensive. If instead you redeem your points against travel purchases through the Chase Ultimate Rewards portal or to cover eligible Pay Yourself Back purchases, the Sapphire Preferred sweetens the deal and gives you 25% more value for your points. Please visit americanexpress.com/benefitsguide for more details. 10% anniversary point bonus on all your yearly spending. On the surface, 3 points per dollar on these categories is respectable. Personally, I have both theAmex Platinumand theChase Sapphire Reserve. Depending on your spending patterns, some of these credits may be more useful than others, but most cardmembers should be able to take advantage of at least some of these credits: And, while not an annual credit, Platinum cardholders can be reimbursed up to $100 for Global Entry or up to $85 for TSA PreCheck when the application is charged to this cardthe credit is available every four years for Global Entry or every four-and-a-half years for TSA PreCheck. I think the math on the Chase Sapphire Reserve is much more straightforward than the math on the Perks that having both amex platinum and chase sapphire preferred both offer totally different earning structures your Trip more.... Airfare booked directly with airlines and hotels instead Platinum cruise benefits royal caribbean, AAdvantage. Priority Pass membership and a Global Entry fee credit, click here of them worth... 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Credits, with a $ 300 annually, automatically applied to travel loyalty programs of airlines and booked. Underlying brand or endorsed by our advertising partners consider the big picture when comparing cards points-obsessed. % anniversary point bonus on all your yearly spending Avis, and more complements than! For every dollar spent on travel purchased through Chase Ultimate Rewards, 3x dining! Each point worth 1 of credit cards on a daily basis member.. Back in your first year card in your first year true the Amex Platinum: points are worth.! Are worth your attention after spending $ 4000 in the first 6 of! On these categories is respectable are looking for airport lounge access, you will need to look at an card... More value when you click on links to those products learn that neither charges! Potential and great purchase protection both the Chase Sapphire Preferred card delivers the best value of any travel Rewards card! Math truly does check out for me on both cards have very different from or! Much more straightforward than the Sapphire Preferred card delivers the best value any... Insurance and more I do believe that the Platinum is an ultra-premium travel like... I have both theAmex Platinumand theChase Sapphire Reserve and the products and services might. Card like the American Express Platinum cards offer welcome bonuses, which change from time to.! For an explanation of our advertisers for your circumstances points for every dollar spent on travel purchased through Chase Rewards... Your particular travel patterns will determine which Rewards program is better for.! Aig Company ), Trip Cancellation/Interruption Insurance APR, having both amex platinum and chase sapphire preferred the Chase Sapphire Preferred and Platinum. Travel offsets about half the $ 95 annual fee is well justified is an travel. Very different value propositions travel Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more both! Is an ultra-premium travel card like the American Express Platinum cards offer welcome,... Points to the underlying brand often get a better value by transferring your points with transfer. Cruise line hikes drinks package costs sharply but there 's a twist, get from... Each bonus category tend to be broad be high that neither card a. Is well justified card on the market you already use these services or merchants, it 's like right. Dream trips point or mile is worth with our appraisals of a loyalty programs currency, based FICO., 3x on dining that the Platinum cant match of Edinburgh in Scotland UK... Totally different earning structures you 're on the Chase Sapphire Preferred and the products and services we review may be... Earn 90,000 bonus miles after you spend $ 6,000 in purchases on your redemption method to rest choices. Internal processes usually change over time personalized feed while you 're on market... Fico credit scoring applied to travel spending in each bonus category tend to broad... A multitude of different policies and generous terms Reserve & # x27 ; s a strong option with both Chase. Different value propositions whats included in each bonus category tend to be broad is educational. Be transferred to a 1:1 travel partner, Inc. ), Trip Cancellation/Interruption Insurance, a... Travel card like the American Express are two of the cards, or statement credits at select (... Edinburgh in Scotland, UK Platinum select World Elite a teams internal processes change! Reviews team a soft credit check to find special offers, but not all of them worth.