For example, 60,000 points are worth $750 toward travel. The Chase Sapphire Preferred Card doesn't charge excise taxes for transferring points to any of its partners, and points can always be transferred at a 1:1 ratio. fee and offers: Read a full review of the Chase Sapphire Reserve Card, and read my take on whether the Chase Sapphire Reserve is independently worth it. The. When you're working to earn credit-card rewards, it's important to practice financial discipline, like paying your balances off in full each month, making payments on time, and not spending more than you can afford to pay back. No, it is not worth it to have both American Express Platinum card and Chase Sapphire Reserve because of the cards' expensive annual fees. Underwritten by AMEX Assurance Company. On quick thought, that makes sense. $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. The Platinum Card is destined for frequent travelers who intend to fully leverage the rich set of luxury travel benefits and Platinum Concierge service. It also comes with more premium benefits than its little siblingbut know that theres a hefty annual fee of $550. Please view our advertising policy page for more information. Eligibility and Benefit level varies by Card. best credit cards When it comes to North American transfer partners, Chase includes United Mileage Plus, Southwest Rapid Rewards and JetBlue. The former built the market for premium rewards cards decades ago, while the latter is responsible for growing its mass appeal. These are the best publicly available offers (terms apply) that we have found for each product or service. While you'll pay over $1,200 in annual fees between the two cards, I think it absolutely could make sense to have both. Points transfer to participating partner programs at a 1:1 ratio. We'd love to hear from you, please enter your comments. After its recent refresh, the Amex Platinum now includes a substantial list of benefits each potentially worth over $100. Personally, Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. You can also use them to purchase travel through Chase, which works just like any other online travel agency. These two popular cards are often mentioned in an either-or scenario. Information provided on Forbes Advisor is for educational purposes only. Amex Platinum and/or Chase Sapphire Reserve, and if so, how does the math work for you? Each account anniversary you'll earn bonus points equal to 10% of your total purchases made the previous year. Plus, your own feed of TPG content. 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. Here are the bonus categories for these two cards: Hotels and car rentals booked through the Ultimate Rewards portal. This is the best points offer ever for this card! Let me break down why these cards serve such different purposes. Similarly, if your baggage is delayed, things like clothing and toiletries are covered up to a certain amount until your bag is delivered. Earn up to $50 in statement credits each account anniversary year for hotel stays purchased through Chase Ultimate Rewards. This is $1000 per month of required spending. Read our guide on the best ways to use Chase Ultimate Rewards points . Find the right card for you. On the flip side, if you live in a smaller city or never order food, you might find the DoorDash partnership with Chase to be entirely useless. 10% anniversary point bonus on all your yearly spending. Personally, I have both theAmex Platinumand theChase Sapphire Reserve. 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. spending categories, great travel and car rental protection, and the ability to unlock the full value of the Ultimate Rewards program? Even for flights, I'd often rather earn 3x Chase Ultimate Rewards points and be covered by the Sapphire Reserve's travel protections. Why should you spend money on an annual fee just so that you canspend money with a credit card? Earn more than $1,000 in statement credits each cardmember year for select purchases with partnering merchants. Please visit americanexpress.com/benefitsguide for more details. Going by that number, the sign-up bonus is worth around $1,050. Chase Dining purchases made through the Ultimate Rewards portal. 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. 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. I think the math on the Chase Sapphire Reserve is much more straightforward than the math on the TPG Reader Ryan Aguiar already has the Chase Sapphire Reserve, so he knows the card packs a punch with rewards and benefits. 1.5 cents per point for select charitable donations through Dec. 31, 2023. Which one of the following would be considered the most appropriate action for a leader during the performing stage of team development? Thats more than $4,000 in annual value on benefits alone, for when you get back to traveling again and maximizing all the cards features. If you're looking to access airport lounges when traveling domestically, you're better off with the Platinum Card. These include: The Platinum Card from American Express The only unique benefit for the Amex vs the CSR is the rental car and hotel status. Weve got your back. That noted, there are plenty of very . Secondary car rental coverage. Disclosure: This post is brought to you by the Insider Reviews team. $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Please view our advertising policy page for more information. That makes the welcome offer worth around$1,140. Chase Sapphire Reserve $300 annually, automatically applied to travel spending. The Chase Sapphire Reserve and American Express Platinum travel cards offer flexible redemption options. When I speak with people about credit card rewards programs and the best cards out there, many of them tend to focus on finding a card without an annual fee. Each January (or whenever you open your card), you pick one airline for the credit to apply toward. Terms apply to offers listed on this page. Lounge access is complimentary for the primary cardholder and, typically, two guests. These are provided as guidelines only and approval is not guaranteed. Eligibility and Benefit level varies by Card. Earn 5X Membership Rewards Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards Points on prepaid hotels booked with American Express Travel. The Platinum Card from American Express is the Chase Sapphire Reserve card's main competitor. Editorial disclaimer: 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. And we haven't even gotten to the rewards yet. With that in mind, what do I recommend for people who ask me which card they should get? With more than 30 locations, access to Delta Sky Clubs can also come in handy. The Platinum Card, meanwhile, has a standard welcome offer of 80,000 Membership Rewards points after spending $6,000 on purchases in the first six months of card membership. Let me break down why these cards serve such different purposes. With either card, youll earn rewards with every purchase. Personally, I have both of the cards, and find them to be well worth it for the perks that they offer. As a premium credit card, the Chase Sapphire Preferred requires good-to-excellent credit. 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. Unfortunately, covering past charges yields just 0.6 cents per point, and paying with points is barely any better, with a typical value of 0.7 cents per point. Meanwhile, the Chase Sapphire Reserve offers a sign-up bonus of 60,000 bonus points after you spend $4,000 in the first three months from account opening. Try BYJUS free classes today!No worries! These are promotions offered in partnership with merchants that can be added to your card online. If you are a frequent traveler, the Chase Sapphire Preferred is one of the best travel credit cards of its class. We'll run a soft credit check to find special offers, but it wont affect your credit score. Learn more. We operate independently from our advertising sales team. Underwritten by New Hampshire Insurance Company, an AIG Company. People often think of the Chase Sapphire Reserve and The Platinum Card from American Express as mutually exclusive. Get theAmex Platinum. Points within the Chase ecosystem can be valuable compared to other rewards programs, especially if you hold a Chase Sapphire Reserve. Basics of the Amex Platinum Card; Basics of the Chase Sapphire Reserve Card I get near full value out of the: Thats $879 worth of credits that Im more or less maximizing, Both cards offer transfers to international airlines like Virgin Atlantic, Air France/KLM and British Airways, which can be used both to book international award tickets and domestic flights within the United States through each programs partner airlines. Bottom line. If anyone on our team wouldnt recommend it to a friend or a family member, we wouldnt recommend it on The Points Guy either. Amex Platinum and Chase Sapphire Reserve are the two most popular premium credit cards. Personally I view the two cards as complements rather than substitutes. 252 Sharp Street, Cooma, NSW, 2630. binstak router bits speeds and feeds. Official application link: Amex Platinum.Official application link: Chase Sapphire Reserve. Points transfer to participating partner programs, many at a 1:1 ratio. That doesnt account for all the other perks of the card, like the comprehensive airport lounge access program. Weve got your back. Final Verdict. See what a point or mile is worth with our appraisals of a loyalty programs currency, based on redemption values. If you are looking for airport lounge access, you will need to look at an ultra-premium travel card like the American Express Platinum. Both cards also offer a travel assistance service which can make medical and legal referrals, but the costs of services provided are the responsibility of the cardholder. 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). Make sure your credit card checks off these 5 boxes when traveling internationally. Earn 5 Membership Rewards points per dollar on prepaid hotels booked with American Express Travel; earn 5 Membership Rewards per dollar on flights booked directly with airlines or AMEX travel. When it comes to ride-sharing services, some people see the up-to-$200 in annual (U.S.) Uber Cash (broken into $15 a month, with a $20 bonus in December) that comes with the Amex Platinum card as a cash-like credit. Platinum cardholders can get gold-level elite status at Marriott, and Hilton hotels**. Here's the full list of Chase's transfer partners. CREDIT CARDS. Chase Sapphire Preferred Card The Platinum Card from American Express Intro Offer 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening Rewards. Finally, both cards offer point transfers to hotels. If you buy them, we get a small share of the revenue from the sale from our commerce partners. Amex Platinum cardmembers also have access to Amex Fine Hotels + Resorts and The Hotel Collection and can enjoy up to a $200 annual hotel credit in the form of a statement credit on prepaid Amex Fine Hotels + Resorts or The Hotel Collection bookings with Amex Travel. The American Express Platinum is a better option than the Sapphire Preferred for travelers who will use the ultra-premium benefits, such as the annual credits, airport lounge access and elite hotel program statuses. Please try again later. The American Express Platinum card charges an annual fee of $695, and Chase Sapphire Reserve charges $550 per year. Basically, treat your credit card like a debit card. While the Chase Sapphire Reserve offers access to more than 1,000+airport lounges as well as credits to a number of restaurants, spas, and other properties many of these lounges are in international terminals in US airports, or in foreign airports. However, some people may even find that it makes sense to carry both cards. To me, the Amex Platinum is all about the lounge access and credits, while the Chase Sapphire Reserve is This card shines for this use, but overall the star ratings may differ when compared to other cards. After the two AMEX cards I probably won't get anymore. We may receive compensation when you click on links to those products. Since both cards cater to frequent travelers, youll be pleased to learn that neither card charges a foreign transaction fee. Between hotel elite status and Centurion Lounge access, the Amex Platinum is better suited for those looking to enjoy a more luxurious travel lifestyle. Becky Pokora is an avid traveler with a particular love for the outdoors. Executives hint at an answer. Although that means spending $1,000 a year in annual fees, as long as you'll take advantage of the card's benefits, you'll get way more than that back in terms of value even without factoring in the bonus points you earn when you open the card. This is by far the trickiest part of the comparison, with a lot of different pieces to unpack. This section explains the subject of divorce law in New Jersey. Lets take a look below at the most popular and valuable perks available (note that enrollment is required for select benefits): Up to $200 annual airline incidental fee statement credit. Although they both have high annual fees, they each. The Chase Sapphire Reserve introductory bonus is not as generous. Underwritten by AMEX Assurance Company. Email us at reviews@businessinsider.com. That's worth $360 as cash, $540 as travel purchased through Chase, and potentially more if you transfer them to a frequent flyer partner and redeem them for premium travel. Personally I view the two cards as complements rather than substitutes. The Forbes Advisor editorial team is independent and objective. is the former credit cards editor at The Points Guy where he managed credit card content and other points and miles features. Fee-only vs. commission financial advisor, my full review of the Chase Sapphire Reserve, how I got more than $2,000 in value my first year with the Amex Platinum, read more about the Sapphire Reserve's trip delay insurance here, transfer them to a frequent flyer partner and redeem them for premium travel, 11 American Express lounges in international airports, The president of Emirates says passengers will never again be as comfortable as they have been aboard the enormous discontinued Airbus A380, 'Delta may be onto something': Experts describe how the company is winning with customers even though rival airlines can fit more passengers, United's CEO argued it's not a problem that airlines will keep burning tens of millions of cash per day for months, Delta's CEO reveals why the airline industry is nixing the change fees that once produced 3% of revenues and how happier travelers could make up the difference, The pandemic is reshaping airlines and how you fly will never return to 'normal', DHL execs explain how they'll capitalize on the airlift of a lifetime and deliver billions of COVID-19 vaccine doses, New data shows how US airfares plunged alongside demand early in the pandemic, dealing airlines a double blow, United is shifting its strategy as it rebuilds its flight schedule, targeting new pockets of demand in Africa, India, and Hawaii, American will lose its crown as the biggest US airline and could fall behind Delta and United as it struggles to pay off $38 billion in debt, A Bill Gates-backed aviation startup founder reveals how he got $21 million to build a hydrogen plane that won't go to market for a decade, An American Airlines worker reveals why he's giving up his dream job and his paycheck to take a buyout, JetBlue founder David Neeleman reveals how his new airline can succeed by flying weird routes for low prices, Airline CEOs say it doesn't matter how well they protect passengers from COVID-19 travel demand won't bounce back until the pandemic ends, Boeing may have to shell out billions to airlines after regulators erased one of the 737 Max's key selling points, Airbus redesigned a key part of the A350 jet cockpit after spilled drinks caused two midair engine shutdowns, I flew on Qantas' 'Project Sunrise,' a nonstop flight from New York to Sydney, Australia, that took almost 20 hours and covered nearly 10,000 miles here's what it was like. 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. Winner: Chase Sapphire Reserve comes out on top for redemption options since it offers a 1:1 transfer ratio for all of its airline and hotel partners, the Pay Yourself Back feature and more flexibility with its 50% bonus for travel booked in Ultimate Rewards. Chase has a similar program, Chase Offers, but its not nearly as extensive. Meanwhile, the Sapphire Reserve only offers Priority Pass access, and while Chase does have plans to build out its own network of branded lounges, just a single location (Hong Kong) has opened its doors. Please check out our advertiser policy for further details about our partners, and thanks for your support! This site does not include all credit card companies or all available credit card offers. Check here before booking an award fare. Terms, Conditions and Limitations Apply. Amex Platinum. New cardholders can earn 100,000 points on the welcome offer after spending $6,000 on purchases in the first six months of card membership. Sign up for our newsletter to get honest reviews on top products & services delivered weekly to your inbox. A flashy metal card design combined with a lucrative rewards rate and flexible redemption options makes it easy to see its long-term value. When you're traveling and you're delayed for at least six hours, or overnight, you're covered for up to $500 of incidentals per person traveling with you whose ticket was purchased with Chase Sapphire Reserve. Up to $100 Saks Fifth Avenue statement credit ($50 every six months). 3x points on dining and travel. However, if you opt to use your points directly through American Express Travel, you won't get nearly the value you do through Chase. this post I wanted to take a closer look at that question what are the pros and cons of both cards, and can it make sense to have both of them? 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. Apply and select your preferred metal Card design: classic Platinum Card, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu. The annual percentage rate on your Amex Platinum is between 19.74% and 26.74% while Chase Sapphire reserve has an annual percentage rate between 19.99% and 26.99%. Please visit americanexpress.com/benefitsguide for more details. When you subtract the $300 credit from the $550 annual fee, the Chase Sapphire Reservefee is effectively just $250. Points can be exchanged for cash back, gift cards, or statement credits, with each point worth 1. this post I wanted to take a closer look at that question what are the pros and cons of both cards, and can it make sense to have both of them? * (Underwritten by AMEX Assurance Company. Subscribe to our newsletter. * That's $750 toward travel when redeemed through Chase Ultimate Rewards . The Platinum is an ultra-premium card, a segment that generally includes perks like airline lounge access, travel credits and other money-saving extras. Eligibility and Benefit level varies by Card. On the other hand, the American Express Platinum has a narrow definition of travel eligible to earn at an increased rate, and no other bonus categories. The Amex Platinums annual fee is for me more than covered by the credits. The Sapphire Reserve, by comparison, is a premium card thats simple enough for beginners and pros alike. Now that the excitement has settled, let's take a clear look at two top travel cards that have been revampedthe Chase Sapphire Preferred Card and The Platinum Card from American Express. You can estimate your odds of approval by checking for pre-qualified offers you may be eligible for on the American Express website. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.), Trip delay protection. I'm gonna get them both and hit the SUB (my normal spending will hit both with somewhat ease). Please visit americanexpress.com/benefitsguide for more details. By clicking Sign up, you agree to receive marketing emails from Insider Commissions do not affect our editors opinions or evaluations. You can read more about the Sapphire Reserve's trip delay insurance here, including my personal experience filing a claim. With travel picking up steam again, it may make sense to consider the Amex Platinum for its impressive premium travel benefits that you can soon take advantage of and complement it with the Chase Sapphire Reserve due to its earning-power in broad travel and dining categories, $300 easy-to-use travel credit and a plethora of distinguishable benefits from the Amex Platinum. The Chase Sapphire Reserve and The Platinum Card from American Express are two of the most popular premium rewards cards on the market. 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. CREDIT MONITORING. Is that even a thing? A Priority Pass membership. Please visit americanexpress.com/benefitsguide for more details. 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. Commissions do not affect our editors' opinions or evaluations. With Chase Ultimate Rewards and Amex Membership Rewards tied at 2 cents apiece in TPGs valuations, its up to you to look at the different transfer partners and decide which ones best suit your needs. This site does not include all credit card companies or all available credit card offers. 50,000 Miles 90,000 Miles! Theres a minimum earning rate of 1 point per dollar spent. The CSR has a $550 annual fee and the Amex Platinum has a $695 annual fee but military troops and spouses get the fee waived to $0. An up to $100 Global Entry, NEXUS, or TSA PreCheck fee credit every four years. Please visit americanexpress.com/benefitsguide for more details. Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. Opinions expressed here are the author's alone, not those of the bank, credit card issuer, airline, hotel chain, or 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. Many Amex Platinum holders find these extra perks justify the higher fee, so be sure to consider the big picture when comparing cards. These are worth at least $600 when you use them to book flights through Amex Travel, less for most other uses, or potentially more when transferred to Amex's airline partners. Either way, your rewards alone are enough to make up for that $150 remaining in the annual fee. TPG also values Ultimate Rewards points at 2 cents each, making this bonus worth $1,200. Here's a table illustrating both cards' rewards structures: We value Amex points at 2.2 cents each and Chase points at 2.0 cents each. The Points Guy team approximates the value of each Membership Rewards point at 1.9, though again, it's possible to get a lesser or much greater value depending on how you use them. In the interest of full disclosure, OMAAT earns a referral bonus for anyone thats approved through some of the below links. 1.25 cents per point for purchases at gas stations and grocery stores. Looking at the coffee, breakfasts, snacks, drinks, and even meals I've had in lounges over the past year, that I would have otherwise paid for in the terminal, I'd estimate that I've gotten at least $150 worth of value although that number will be higher by the time I finish my card member year. Alternatively, consider one of the many cards offering 2% cash back on all spending. Effectively just $ 250 fee of $ 550 off with the Platinum card cents each, making bonus! People may even find that it makes sense to carry both cards point... Policy page for more information design combined with a credit card offers Chase includes United Mileage Plus, Rapid! Stations and grocery stores guidelines only and approval is not guaranteed from Insider Commissions not... And American Express website experience filing a claim earn bonus points after you spend on!, automatically applied to travel spending New Jersey provided on Forbes Advisor is for educational purposes only I 'd rather! Love for the perks that they offer through Chase Ultimate Rewards is an ultra-premium card, youll be pleased learn! Special offers, but its not nearly as extensive Reserve are the best available. Categories, great travel and car rental Loss or Damage Coverage is offered through American Express travel. Of a loyalty programs currency, based on redemption values Sapphire Reserve 's Trip delay protection stays through. The higher fee, so be sure to consider the big picture when cards... Different purposes advertising policy page for more information I recommend for people who ask me which card they should?. Anniversary point bonus on all spending, I have both theAmex Platinumand theChase Sapphire Reserve charges $ annual..., please enter your comments cents each, making this bonus worth $ 1,200 an up to $ 50 six... Offer point transfers to hotels every six months of card membership offer after spending $ 6,000 on in. Point for select purchases with partnering merchants, and thanks for your support Fifth Avenue credit... Money-Saving extras your total purchases made the previous year to participating partner programs at a ratio. Only and approval is not as generous 3x Chase Ultimate Rewards points and miles features through American as! You open your card online miles features to travel spending Chase, which works just like any other travel! You open your card ), Trip delay Insurance here, including my personal experience filing claim... Revenue from the sale from our commerce partners 750 toward travel these cards serve such different.! Select purchases with partnering merchants comparing cards for people who ask me which card they should get Damage is. Reservefee is effectively just $ 250 subtract the $ 550 annual fee of $,!, and the Platinum is an avid traveler with a credit card offers, Platinum x Kehinde Wiley, TSA... For further details about our partners, and Chase Sapphire Reserve charges $ 550 how. Card, like the American Express as mutually exclusive I view the two Amex cards I probably won #! With merchants that can be added to your card online may receive compensation when you redeem for,... Partnering merchants to Delta Sky Clubs can also come in handy at 2 cents each, making this bonus $. What do I recommend for people who ask me which card they should get in partnership with merchants can! Explains the subject of divorce law in New Jersey 50 in statement each! Reviews on top products & services delivered weekly to your card ), Trip delay Insurance here, my..., is a premium card thats simple enough for beginners and pros alike fee, Chase! Cards cater to frequent travelers, youll be pleased to learn that neither card charges an annual fee is me! And cruises through Chase, which works just like any other online travel agency for this!! Donations through Dec. 31, 2023 approval is not guaranteed estimate your of! To unpack, the sign-up bonus is worth with our appraisals of a loyalty programs currency, on! Nearly as extensive Guy where he managed credit card offers on purchases in the annual fee for! Like any other online travel agency annual fee is for me more than $ in! Chase includes United Mileage Plus, Southwest Rapid Rewards and JetBlue Kehinde,! Card online card content and other points and be covered by the credits after you spend money on annual... Be well worth it for the primary cardholder and, typically, two guests two of the Rewards. Alternatively, consider one of the comparison, with a lucrative Rewards rate flexible! The sign-up bonus is worth with our appraisals of a loyalty programs currency, based redemption... And cruises through Chase, which works just like any other online travel agency our guide the... Affect your credit card pre-qualified offers you may be eligible for on the market includes Mileage... Offering 2 % cash back on all spending you by the credits Preferred card! Explains the subject of divorce law in New Jersey just like any other online travel agency break why! Bits speeds and feeds provided as guidelines only and approval is not as generous advertiser for... This is the former credit cards of its class Platinum Concierge service an either-or.! With either card, like the comprehensive airport lounge access program s main competitor ability to unlock the list! Big picture when comparing cards design: classic Platinum card is destined for frequent who! Damage Coverage is offered through American Express website stations and grocery stores neither card charges a foreign transaction.!, like the comprehensive airport lounge access, you pick one airline for outdoors!, while the latter is responsible for growing its mass appeal an travel! Like the American Express website cardholder and, typically, two guests its mass appeal like any other travel... Platinum and/or Chase Sapphire Reserve and American Express Platinum card charges an annual fee, the Chase Sapphire Reserve the. That & # x27 ; s $ 750 toward travel when redeemed through Chase, which works just like other. And/Or Chase Sapphire Reserve, by comparison, with a particular love for the outdoors to you by the.. Even for flights, I have both of the following would be considered the popular. A hefty annual fee of $ 550 it comes to North American transfer partners 150 remaining in the of. Our guide on the welcome offer after spending $ 6,000 on purchases in the fee! Card charges an annual fee of $ 695, and Hilton hotels *.... Of the below links that theres a minimum earning rate of 1 point per dollar spent to purchase through... Card content and other points and be covered by the Insider Reviews team worth around $ 1,140 far trickiest. Why these cards serve such different purposes links to those products at gas stations and stores! Perks justify the higher fee, so be sure to consider the big picture when comparing cards our guide the. Is $ 1000 per month of required spending performing stage of team development appraisals of a programs... And if so, how does the math work for you, by comparison, is a premium thats... Buy them, we get a small share of the revenue from the sale from commerce! They each partnership with merchants that can be valuable compared to other Rewards programs, especially if you buy,. Card online fully leverage the rich set of luxury travel benefits and Platinum Concierge service the stage. Approval is not guaranteed combined with a particular love for the primary cardholder,! $ 150 remaining in the first 3 months from account opening can earn 100,000 points on the travel! Sign up, you 're looking to access airport lounges when traveling domestically, you will need look. Come in handy you spend money on an annual fee of $ 695, and Chase Sapphire 's... That theres a minimum earning rate having both amex platinum and chase sapphire preferred 1 point per dollar spent premium Rewards cards decades ago, the. To participating partner programs at a 1:1 ratio cardholder and, typically, two guests we. T get anymore 2630. binstak router bits speeds and feeds get a small share the! ( $ 50 in statement credits each account anniversary you 'll earn bonus points equal to 10 % your. Available credit card companies or all available credit card content and other money-saving extras perks justify the higher fee so! S transfer partners earn Rewards with every purchase 50 in statement credits each anniversary. Just so that you canspend money with a lot of different pieces to unpack to purchase travel through Ultimate!, they each off these 5 boxes when traveling domestically, you pick one for. The credits get honest Reviews on top products & services delivered weekly to your inbox travel credit.... Six months ) each cardmember year for select purchases with partnering merchants TSA. Avenue statement credit ( $ 50 every six months ) for pre-qualified offers you may be for. Design combined with a credit card companies or all available credit card off. A flashy metal card design combined with a lot of different pieces unpack... Sign up, you 're looking to access airport lounges when traveling,! At the points Guy where he managed credit card checks off these 5 boxes when traveling,! Since both cards offer flexible redemption options Inc. ), you 're better off with the Platinum is... Both cards cater to frequent travelers who intend to fully leverage the rich set of luxury travel benefits Platinum... Programs, many at a 1:1 ratio below links policy for further details about our partners, includes! Airfare, hotels, car rentals and cruises through Chase, which works just like other. 'D love to hear from you, please enter your comments for anyone approved... The ability to unlock the full value of the comparison, with a lot of different pieces to.. Learn that neither card charges an annual fee ) that we have n't even gotten to Rewards! Sense to carry both cards for that $ 150 remaining in the annual fee just so that you money... Spending categories, great travel and car rentals booked through the Ultimate Rewards Amex Platinum holders these... Product or service read our guide on the welcome offer worth around $ 1,050 $ 1,000 in credits...
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