Both cards can potentially offer outsized value, but theyre very different from one another. The additional benefits, such as the $300 annual travel credit and Priority Pass lounge access, are effectively free at that point. Chase Sapphire Reserve have in common is that they both offer a Priority Pass membership and a Global Entry fee credit. If anyone on our team wouldnt recommend it to a friend or a family member, we wouldnt recommend it on The Points Guy either. 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. The annual fee is $99. The Amex Gold welcome bonus is 60,000 points after spending $4000 in the first 6 months of opening your account. Enrollment is required, but worth the quick step for complimentary upgrades and other benefits while traveling. Youll pay a $550 annual fee with the Sapphire Reserve and a $695 annual fee with the Amex Platinum. Get up to $300 back per calendar year on the Equinox+ digital fitness app, or eligible Equinox club memberships when you pay with your Platinum Card. 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. 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. Points are worth 0.6 cents each when used to cover past charges. Many Amex Platinum holders find these extra perks justify the higher fee, so be sure to consider the big picture when comparing cards. It's a strong option with both the Chase Sapphire Preferred and Amex Gold cards. Heres a rundown of TPGs estimated value of a few of the Amex Platinums benefits: (*Enrollment required for select benefits.). The annual fee is $695 (see rates & fees ), but it can be offset with various credits. our office. Editor's note: This is a recurring post, regularly updated with new information and card details. However, some people may even find that it makes sense to carry both cards. 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? For rates and fees of The Platinum Card from American Express, please click here. American Airlines customers can get lounge access through the Citi / AAdvantage Executive World Elite Mastercard*. Some locations also feature shower suites, spas, or relaxation areas. While you'll get the value back, you still have to pay it up front. The Chase Sapphire Reserve's annual fee is slightly lower at $550. 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. It also comes with more premium benefits than its little siblingbut know that theres a hefty annual fee of $550. This does not drive our decision as to whether or not a product is featured or recommended. 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. 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. The best option is transferring to an airline. 10% anniversary point bonus on all your yearly spending. Personally I view the two cards as complements rather than substitutes. With the Chase Sapphire Reserve, the current 60,000-point offer is worth at least $900 towards travel. As a result, you're typically much better off with the transfer options. I'm gonna get them both and hit the SUB (my normal spending will hit both with somewhat ease). 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. If not, you may find that they aren't a real value-add relative to the annual fee. Additionally, American Express will consider other factors, such as your debt-to-income ratio and prior history with Amex. If you are looking for airport lounge access, you will need to look at an ultra-premium travel card like the American Express Platinum. 3x points on dining and travel. The Chase Sapphire Reserve offers a primary auto rental collision damage waiver, or free loss and damage coverage when you use the card to pay for a rental car. To be honest, its hard to do a one size fits all number-crunching of the 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. These two popular cards are often mentioned in an either-or scenario. That's only $667 per month of spending required to hit the bonus! This juggernaut combo is excellent for people willing to pay a high annual fee in exchange for a generous sign-up bonus/welcome offer, valuable earning rates, travel perks and a slew of benefits. We've picked the best credit cards in a way designed to be the most helpful to the widest variety of readers. If you rent cars just a few times a year, this should save you a ton if you're a frequent renter, it might even cover the remaining $150 of the fee. Lets start with the Chase Sapphire Reserve. Neither of these cards is ideal if you think youll need to carry a balance from time to time. If you are a road warrior looking to maximize your earnings on travel spending, you can do better than either of these cards. We may receive compensation when you click on links to those products. While youll pay over $1,200 in annual fees between the two cards, I think it absolutely could make sense to have both. Eligibility and Benefit level varies by Card. These are promotions offered in partnership with merchants that can be added to your card online. 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%. Airfare booked directly with airlines and airfare booked with American Express Travel, on up to $500,000 on these purchases per calendar year. Personally, If youre trying to decide which card makes the most sense, consider how much value youd get out of the benefits of each card, particularly with the credits offered by the Amex Platinum. The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. Because they're both on the higher side, it's likely worth only opening one at a time. Free Centurion Lounge guest access will end in 2023 unless you meet a hefty spending requirement. 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. The overlap between groups has ______ in americas residential neighborhoods and workplaces. Although miles and points appeal to frequent travelers, for many people, cash is the most accessible and useful redemption option. Update: Some offers mentioned below are no longer available. $(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. 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