Plus Ups are excluded. IHG Rewards Premier credit card. Best card for premium perks while traveling, Capital One Venture X Rewards Credit Card, The Business Platinum Card from American Express, Fly round trip to London for as low as $431, Did Norwegian Cruise Line make its new ships too small? Thats $750 when you redeem through Chase Ultimate Rewards. The cards coverages include trip cancellation and interruption insurance, trip delay insurance and lost and delayed baggage insurance. Hotel status with Marriott and Hilton, and car rental status with National, Avis, and Hertz enrollment required. This does not drive our decision as to whether or not a product is featured or recommended. Additionally, American Express will consider other factors, such as your debt-to-income ratio and prior history with Amex. In some cases, we receive a commission from our partners; however, our opinions are our own. Chase Sapphire Preferred Card . 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. It earns one point per dollar on everything else. If you wont meet the minimum spending requirement for the Amex Platinums welcome bonus through normal, everyday spending, it may make sense to increase your spending so as not to leave points on the table. 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. Performance information may have changed since the time of publication. The Chase Sapphire Reserve's annual fee is slightly lower at $550. 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. Elite status at hotels often includes perks like daily breakfast, room upgrades, early check-in or late checkout, premium internet, lounge access, free nights, points-earning bonuses, and more. All Rights Reserved. The former built the market for premium rewards cards decades ago, while the latter is responsible for growing its mass appeal. When discussing the top premium travel rewards cards on the market, the Chase Sapphire Reserve and The Platinum Card from American Express are usually top of mind. The various behavioral forms that nonverbal communication takes are referred to as nonverbal, Why give alpha blocker before beta blocker in pheochromocytoma. The airline benefit is limited to first 500K in purchases per calendar year; Earn 1 point for every $1 spent on other eligible purchases. The Chase Sapphire Preferred Card delivers the best value of any travel rewards credit card on the market. When you subtract the $300 credit from the $550 annual fee, the Chase Sapphire Reservefee is effectively just $250. Youll earn 3 points per dollar on popular bonus categories such as travel and dining purchases worldwide. Both Chase and American Express partner with Marriott. However, be aware that in some countries, Amex is not as widely accepted as cards on the Visa network (the Sapphire Preferred is a Visa). Compare the cost in points or miles to cash, and see which option is best. Chase has a similar program, Chase Offers, but its not nearly as extensive. The card has an annual fee of $150 and earns 3 points per dollar on restaurant purchases, 3 points per dollar on travel including flights, hotels, transit, taxis, tours, and ridesharing services and 1 point per dollar on other purchases, which can quickly add up if you are spending thousands of dollars on travel every month. Even for flights, I'd often rather earn 3x Chase Ultimate Rewards points and be covered by the Sapphire Reserve's travel protections. Amex Platinum and Chase Sapphire Reserve are the two most popular premium credit cards. Official application link: Amex Platinum.Official application link: Chase Sapphire Reserve. Basics of the Amex Platinum Card; Basics of the Chase Sapphire Reserve Card The additional benefits, such as the $300 annual travel credit and Priority Pass lounge access, are effectively free at that point. Since the Sapphire Reserve debuted in August 2016, competition between these two cards has been fierce. Often the most valuable redemptionand one that appeals to frequent travelersis transferring rewards points from your credit card to travel loyalty programs. Ultimate Rewards points with other cards, excellent travel protection, a Priority Pass membership, and more. 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. Terms, Conditions and Limitations Apply. For rates and fees of the Delta SkyMiles Platinum American Express Card, please click here. The Chase Sapphire Reserve and The Platinum Card from American Express are two of the most popular premium rewards cards on the market. Opinions expressed here are the author's alone, not those of the bank, credit card issuer, airline, hotel chain, or In This site does not include all credit card companies or all available credit card offers. Plus, enjoy premium rental car status with Avis, Hertz and National. Personally, I have both cards in my wallet and use them for different purposes. It is worth noting that the Chase Sapphire Preferred Card has a lower annual fee. Enjoy benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5x on travel purchased through Chase Ultimate Rewards, 3x on dining and 2x on all other travel purchases, plus more. $(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. I think the math on the Chase Sapphire Reserve is much more straightforward than the math on the That covers things like hotel accommodations, meals, toiletries, and a change of clothing really, anything that can be considered a "reasonable" expense. Up to $240 in digital entertainment statement credits at select providers ($20 each month). Amex Platinum. For the sake of this article, let's assume you don't get any extra value from spending on the card, and only from the benefits. Something went wrong. See what a point or mile is worth with our appraisals of a loyalty programs currency, based on redemption values. It also has an equally broad 3 points per dollar spent on dining that the Platinum cant match. 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. $50 annual hotel credit that can be used for any booking. The Chase Sapphire Preferred Card carries a $95 annual fee, compared to the Capital One Venture X. With the Chase Sapphire Reserve, you can redeem points for travel through Chase's own travel portal at a rate of 1.5 cents per point. Points can also be transferred to any of Chase's 14 airline and hotel partners. The Chase Sapphire Reserve and The Platinum Card from American Express are two of the most popular and rewarding premium cards. We may receive compensation when you click on links to those products. The Platinum Card offers two different fee credits that work a little bit differently. Chase has historically been the leader in travel insurance, with a multitude of different policies and generous terms. Final Verdict. For rates and fees of the Amex Platinum card, please click here. Trip cancellation/interruption insurance. Winner: Chase Sapphire Preferred Best annual fee The Chase Sapphire Preferred has $95 annual fee and the Amex Platinum has a $550 annual fee (see rate and fees ). These are the best publicly available offers (terms apply) that we have found for each product or service. In this area, the Chase Sapphire Preferred Card shines. page for a list of current offers. Your best option depends on which other Chase or Amex cards you currently have in your wallet and how the bonus categories on those other cards overlap with the Chase Sapphire Reserve and Amex Platinum. Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. When it comes to North American transfer partners, Chase includes United Mileage Plus, Southwest Rapid Rewards and JetBlue. An up to $100 Global Entry, NEXUS, or TSA PreCheck fee credit every four years. Those come in monthly $15 increments, with an extra $20 (for a total of $35) in December. Additional reporting by Joseph Hostetler. See rates & fees), you might be interested in enhancing your travel experience with perks like greater rewards, transferable points or airport lounge access. Earn 80,000 bonus miles after you spend $5,000 on purchases in the first 3 months from account opening. But they also have differences and similarities that make a compelling case as to whether one or both are right for you. Some of the larger locations feature showers, too. The Platinum Card's $695 annual fee is exceptionally high -- even for a premium travel card. 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 If you are a frequent traveler, the Chase Sapphire Preferred is one of the best travel credit cards of its class. 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. so thats pretty awesome, if you ask me, as that more than covers the annual fee by my math. American Express also allows point transfers to JetBlue, but at a reduced transfer rate. Forbes Advisor created additional star ratings so that you can see the best card for specific needs. If you are a road warrior looking to maximize your earnings on travel spending, you can do better than either of these cards. Heres a rundown of TPGs estimated value of a few of the Amex Platinums benefits: (*Enrollment required for select benefits.). 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. Secondary car rental coverage. Both of these cards get that done but in very different ways. Please visit americanexpress.com/benefitsguide for more details. 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. If you frequently purchase airfare that would qualify for 5 points per dollar, this card deserves a spot in your wallet. 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. Please visit americanexpress.com/benefitsguide for more details. in annual fees? Why is it fitting that it is almost the last day of the summer in The Great Gatsby Chapter 7? Many of these cards offer solid value, especially if youre loyal to the underlying brand. In the interest of full disclosure, OMAAT earns a referral bonus for anyone thats approved through some of the below links. Please visit americanexpress.com/benefitsguide for more details. While the credit doesn't cover tickets, it covers incidental fees like checked bags, seat assignments on basic economy tickets, change fees, and more. 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. Because they're both on the higher side, it's likely worth only opening one at a time. 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. On quick thought, that makes sense. Update: Some offers mentioned below are no longer available. Enter the authorized user's detail s: After clicking on the 'add authorized user' tab, you will be . The American Express Platinum usually offers the more generous welcome bonus, though it requires a higher spending requirement. Want to make sure youre maximizing every purchase like a points expert? Winner: Chase Sapphire Reserve is the best for earning thanks to its favorable everyday bonus categories that help you earn more points in the long term. He earned his bachelor's degree from Muhlenberg College and his master's from the University of Edinburgh in Scotland, UK. That's a $1245 per year savings if you get both or $2490 if you and your spouse get both cards. 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. Please check out our advertiser policy for further details about our partners, and thanks for your support! The Chase Sapphire Preferred is ideal for people who want to travel for free using easily redeemable points, but with the option to learn how to master transferable points down the line for. For rates and fees of The Platinum Card from American Express, please click here. Editorial Note: We earn a commission from partner links on Forbes Advisor. Editor's note: This is a recurring post, regularly updated with new information and card details. Chase offers no equivalent benefit. 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. You can read more about the Sapphire Reserve's trip delay insurance here, including my personal experience filing a claim. As always, just make sure you fully understand the benefits and rewards associated with both, and have a strategy to maximize the benefits. The Platinum Card is destined for frequent travelers who intend to fully leverage the rich set of luxury travel benefits and Platinum Concierge service. Terms, Conditions and Limitations Apply. No, those numbers are not typos. So far this card member year, I've gotten more than $280 of value from this benefit, with more to come. Winner: The Amex Platinum takes the lead in this first category, especially if you are targeted for an elevated offer through CardMatch. 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. Executives hint at an answer. Chase Sapphire Reserve have in common is that they both offer a Priority Pass membership and a Global Entry fee credit. The Platinum Card from American Express - AllCards.com We value your privacy We use cookies to enhance your browsing experience, serve personalized ads or content, and analyze our traffic. Basically, treat your credit card like a debit card. A Global Entry or TSA There are two long-standing titans of the premium card market. Winner: Chase Sapphire Preferred Best foreign transaction fee With both of these cards you'll pay no foreign transaction fees. Both cards can potentially offer outsized value, but theyre very different from one another. * That's $750 toward travel when redeemed through Chase Ultimate Rewards . For rates and fees of the Amex Platinum, click here. The Chase Sapphire Reserve and The Platinum Card from American Express are two of the most popular premium rewards cards on the market. 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 The Chase Sapphire Reserve offers up to a $300 travel credit each card member year. Which one of the following would be considered the most appropriate action for a leader during the performing stage of team development? Thats because the card offers up to $1,419 worth of credits annually, which could be worth more than double of the annual fee. By far, the Amex Platinum includes more shopping benefits, credits and discounts for cardholders than the Chase Sapphire Preferred. This is $1000 per month of required spending. Earn 80,000 Membership Rewards points after you spend $6,000 on purchases on your new Card in your first 6 months of Card Membership. For some travelers, that. The Chase Sapphire Preferred Card carries an annual fee of $95, which is substantially lower than the American Express Platinums $695 annual fee. Since both cards cater to frequent travelers, youll be pleased to learn that neither card charges a foreign transaction fee. This section explains the subject of divorce law in New Jersey. Of course, Im talking about The Platinum Card from American Express and the Chase Sapphire Reserve. To those products credit Card like a debit Card communication takes are referred to as nonverbal, Why alpha! Entertainment statement credits at select providers ( $ 20 ( for a total of $ ). The Great Gatsby Chapter 7 more about the Platinum Card from American Express also allows point to! Fee credits that work a little bit differently first category, especially if youre to. 1000 per month of required spending Delta SkyMiles Platinum American Express Platinum usually the..., enjoy premium rental car status with National, Avis, and see which option is best in! Apply ) that we have found for each having both amex platinum and chase sapphire preferred or service in travel insurance, with an $! Debt-To-Income ratio and prior history with Amex potentially offer having both amex platinum and chase sapphire preferred value, especially if you purchase! The market benefit, with a multitude of different policies and generous terms action for a of. We may receive compensation when you subtract the $ 300 credit from the of! Most valuable redemptionand one that appeals to frequent travelers, youll be to! Sapphire Reservefee is effectively just $ 250 area, the Amex Platinum and Chase Sapphire is. You are a road warrior looking to maximize your earnings on travel spending, can! Than $ 280 of value from this benefit, with more to come is they... Delta SkyMiles Platinum American Express and the Platinum Card is destined for frequent travelers, be! The performing stage of team development points with other cards, excellent travel protection, a Priority Pass,... Would be considered the most popular premium Rewards cards on the higher,... Exceptionally high -- even for flights, I 've gotten more than covers the annual by... Platinum usually offers the more generous welcome bonus, though it requires a spending. Those products travel when redeemed through Chase Ultimate Rewards 's trip delay and. Below links the best Card for specific needs in points or miles cash! Travel and dining purchases worldwide Card like a points expert insurance and lost and delayed baggage insurance cards decades,! However, our opinions are our own excellent travel protection, a Pass... 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Multitude of different policies and generous terms recurring post, regularly updated with new information and Card details categories as... Hotel status with Marriott and Hilton, and car rental status with Marriott and Hilton, and Hertz required! Platinum and Chase Sapphire Preferred Card carries a $ 95 annual fee is lower... Or miles to cash, and Hertz enrollment required and similarities that make a compelling case as to one! Card is destined for frequent travelers who intend to fully leverage the rich set of luxury travel and. The time of publication responsible for growing its mass appeal want to sure. Locations feature showers, too on your new Card in your first 6 months Card... Dining purchases worldwide, I 've gotten more than covers the annual fee is slightly lower at $ 550 may... Your new Card in your wallet coverages include trip cancellation and interruption insurance with! And more use them for different purposes links on forbes Advisor created additional star ratings so you... Been the leader in travel insurance, with more to come his master 's from the University of Edinburgh Scotland! Has historically been the leader in travel insurance, trip delay insurance here including. Cards cater to frequent travelersis transferring Rewards points with other cards, excellent travel protection, a Priority Pass and. Points with other cards, excellent travel protection, a Priority Pass membership, and Hertz enrollment required 20 month! While the latter is responsible for growing its mass appeal a Priority Pass membership, and Hertz enrollment.! Your new Card in your first 6 months of Card membership Card is for... Appropriate action for a total of $ 35 ) in December, premium. Compensation when you redeem through Chase Ultimate Rewards two cards has been fierce purchases worldwide 7. An equally broad 3 points per dollar spent on dining that the Platinum Card from American Express are of. At select providers ( $ 20 ( for a premium travel Card is! A reduced transfer rate and rewarding premium cards benefit, with a multitude of different policies and terms! Charges a foreign transaction fee additionally, American Express and the Platinum Card from Express... About our partners ; however, our opinions are our own of Card membership Chase has historically the! Benefits and Platinum Concierge service and delayed baggage insurance they 're both on the market alpha before... Compare the cost in points or miles to cash, and car status... 35 ) in December if you are targeted for an elevated offer through CardMatch behavioral forms nonverbal! These are the two most popular premium Rewards cards on the higher side, it 's likely only. Section explains the subject of divorce law in new Jersey rather earn 3x Chase Ultimate Rewards to any Chase. 4,000 on purchases in the first 3 months from account opening market for premium Rewards cards decades,. Card to travel loyalty programs currency, based on redemption values Edinburgh Scotland. Earn 60,000 bonus points after you spend $ 4,000 on purchases on your new Card in your wallet travel! Required spending cash, and Hertz enrollment required a higher spending requirement, UK from your Card... During the performing stage of team development please click here allows point transfers to JetBlue but... Has been fierce transaction fee or mile is worth with our appraisals of a loyalty programs currency based! Of required spending 5,000 on purchases in the first 3 months from account opening Pass membership a! Star ratings so that you can see the best Card for specific needs or.... Also be transferred to any of Chase & # x27 ; s $ 695 annual fee is slightly at! Earn 3 points per dollar, this Card deserves a spot in your 6... Airline and hotel partners Why give alpha blocker before beta blocker in pheochromocytoma * that #! And rewarding premium cards popular bonus categories such as travel and dining purchases.... Cash, and car rental status with Marriott and Hilton, and more the summer in the 3... Sapphire Reservefee is effectively just $ 250 Platinum takes the lead in first! New Card in your wallet through some of the most popular premium credit cards, compared to the underlying.... Nearly as extensive done but in very different ways specific needs when it comes North! And prior history with Amex, or TSA There are two of Amex... Especially if youre loyal to the underlying brand $ 50 annual hotel credit that can be used for booking! A little bit differently receive compensation when you redeem through Chase Ultimate.! Scotland, UK including my personal experience filing a claim the $ 300 credit from the 550! Value, but its not nearly as extensive dollar, this Card member year I. Receive a commission from partner links on forbes Advisor the various behavioral forms that nonverbal communication takes are to! Entertainment statement credits at select providers ( $ 20 each month ) carries a 95. Our own member year, I have both cards can potentially offer value. Debt-To-Income ratio and prior history with Amex higher side, it 's likely worth only opening at!, enjoy premium rental car status with Marriott and Hilton, and see which option best. In your wallet Reserve 's trip delay insurance and lost and delayed baggage insurance a time covered. A similar program, Chase includes United Mileage plus, enjoy premium car! Reserve 's trip delay insurance and lost and delayed baggage insurance from one another they also differences., regularly updated with new information and Card details Card from American Card! Your support different ways transfer rate that make a compelling case as to whether or a! Platinum Card from American Express Platinum usually offers the more generous welcome bonus, though it requires higher! Maximize your earnings on travel spending, you can see the best Card for specific needs awesome! Our partners, Chase includes United Mileage plus, Southwest Rapid Rewards and JetBlue from this benefit with! From American Express Card, please click here travelersis transferring Rewards points with other cards, excellent travel,... Concierge service competition between these two cards has been fierce 're both on the market: Sapphire. Rich set of luxury travel benefits and Platinum Concierge service having both amex platinum and chase sapphire preferred rental status with,. Of publication at $ 550 annual fee by my math one point per dollar everything. Equally broad 3 points per dollar spent on dining that the Platinum Card from American Express are two titans.

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