spending categories, great travel and car rental protection, and the ability to unlock the full value of the Ultimate Rewards program? Editor's note: This is a recurring post, regularly updated with new information and card details. Disclosure: This post is brought to you by the Insider Reviews team. See our 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. Enrollment is required, but worth the quick step for complimentary upgrades and other benefits while traveling. 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. Here are the best cards for making your trip more comfortable. 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. We operate independently from our advertising sales team. For example, when we wink at someone, offer a strong handshake or back away, we are Pheochromocytomas are catecholamine-secreting neuroendocrine tumors. IHG Rewards Premier credit card. Since both cards cater to frequent travelers, youll be pleased to learn that neither card charges a foreign transaction fee. Terms, Conditions and Limitations Apply. (Photo by Wyatt Smith/The Points Guy) TPG Reader Ryan Aguiar already has the Chase Sapphire Reserve, so he knows the card packs a punch with rewards and benefits.Currently, the Sapphire Reserve offers a 60,000 bonus points after you spend $4,000 on purchases in the first three months from account opening, worth $1,200 according to TPG valuations.It also features an easy-to-use $300 travel . Chase Sapphire Reserve: Points are worth 1.5 cents each for all award travel or can transfer to a 1:1 travel partner. 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. Platinum cardholders can get gold-level elite status at Marriott, and Hilton hotels**. The Chase Sapphire Preferred doesn't offer 5X on "all" airfare like Amex Platinum, but again, it's a $95 a year card, instead of $695 like Amex Platinum. Personally I view the two cards as complements rather than substitutes. 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. Points can be exchanged for cash back, gift cards, or statement credits, with each point worth 1. The Chase Sapphire Preferred charges an annual fee of $95, which you can help offset with its up to $50 in annual hotel credits. That's $750 when you redeem through Chase Ultimate Rewards. Chase Sapphire Preferred Card . Unless you're traveling somewhat regularly and utilizing the full lineup of perks and credits, For an explanation of our Advertising Policy, visit. Some locations also feature shower suites, spas, or relaxation areas. Youre paying a $550 annual fee per year, but you get a $300 annual travel credit, which is worth face value to me (more or less), since it can be used towards any purchase thats coded as travel. Thats significantly lower than the Amex Platinum offer, though the spending requirement to earn the bonus is also lower. Underwritten by AMEX Assurance Company. $(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. is the former credit cards editor at The Points Guy where he managed credit card content and other points and miles features. Learn more. 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. 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. Flight bookings are a flat 1 cent per point, while hotel reservations clock in at just 0.7 cents apiece. 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. 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. 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. Because they're both on the higher side, it's likely worth only opening one at a time. Points are worth 0.6 cents each when used to cover past charges. You might be using an unsupported or outdated browser. It also has an equally broad 3 points per dollar spent on dining that the Platinum cant match. Amex Platinum and Chase Sapphire Reserve are the two most popular premium credit cards. Points transfer to participating partner programs, many at a 1:1 ratio. Eligibility and Benefit level varies by Card. When you subtract the two credits,the Platinum Card's annual fee is also just $150. Points are worth 1 cent each when redeemed as cash back. For some travelers, that. 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? Learn more. The $50 annual credit against hotel purchases made through Chase Travel offsets about half the $95 annual fee. An up to $100 Global Entry, NEXUS, or TSA PreCheck fee credit every four years. Up to a $300 in annual statement credits on the Equinox+ digital fitness app, or eligible Equinox club memberships, Up to a $300 SoulCycle statement credit (applied to a single purchase), Up to $240 digital entertainment credit to selected partners (applied as $20/monthly), Up to a $200 airline incidental fee statement credit (after picking a qualifying airline), Up to a $200 hotel statement credit toward Fine Hotels + Resorts or The Hotel Collection bookings made with American Express Travel, Up to $200 Uber Cash (applied as $15 monthly with a $20 bonus in December), Up to a $189 CLEAR credit (applied toward annual membership fees), Up to $155 Walmart+ statement credit (applied as monthly rebate of Walmart+ subscription), Up to a $100 Saks statement credit (applied as $50 twice annually). Earn 5x on travel purchased through Chase Ultimate Rewards, 3x on dining and 2x on all other travel purchases, plus more. Points are worth 1 cent each when redeemed toward travel booked with American Express Travel. Eligibility and Benefit level varies by Card. Personally, I have both cards in my wallet and use them for different purposes. 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. Commissions do not affect our editors' opinions or evaluations. This site does not include all credit card companies or all available credit card offers. If you're looking to access airport lounges when traveling domestically, you're better off with the Platinum Card. The Chase Sapphire Reserve earns 3x points per dollar spent on all travel including local transit, taxis, parking, ride shares, tolls, hotels, Airbnbs, airfare, cruises, and much more and dining, which includes restaurants, fast food, cafes, bars, and more. Because the airline fee credit is each calendar year, if you open a card midyear, you should be able to use it twice within the first 12 months you have the card. In this video I explain why I have BOTH the AmEx Platinum and the Chase Sapphire Reserve (CSR). By clicking Sign up, you agree to receive marketing emails from Insider Earn 5x on travel purchased through Chase Ultimate Rewards, 3x on dining and 2x on all other travel purchases, plus, Earn 5 Membership Rewards points per dollar on prepaid hotels booked with American Express Travel; earn 5 Membership Rewards per. These cards usually offer the most generous rewards and useful perks available for customers who are loyal to a particular airline or hotel chain. 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. As always, just make sure you fully understand the benefits and rewards associated with both, and have a strategy to maximize the benefits. Both the American Express Platinum and the Chase Sapphire Preferred Card come with a robust suite of travel insurance benefits that can protect you in the event that something goes wrong during a trip booked with your card. Capital One Venture X Rewards Credit Card . Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.), Trip delay protection. To start, the annual fees are a little bit misleading. Chase Sapphire Reserve $300 annually, automatically applied to travel spending. flight purchases per calendar year, and then 1x) making this the best card for airfare purchases; other than that there are better cards for earning Amex Membership Rewards points. Here's the full list of Chase's transfer partners. The Priority Pass Select membership that comes with the Chase Sapphire Reserve includes select airport restaurants. The Final Verdict. If you are a road warrior looking to maximize your earnings on travel spending, you can do better than either of these cards. Please visit americanexpress.com/benefitsguide for more details. Please visit americanexpress.com/benefitsguide for more details. Like individuals, teams develop their skills, the more they use them. Please check out our advertiser policy for further details about our partners, and thanks for your support! However, if you opt to use your points directly through American Express Travel, you won't get nearly the value you do through Chase. Underwritten by AMEX Assurance Company. 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. See what a point or mile is worth with our appraisals of a loyalty programs currency, based on redemption values. Secondary car rental coverage. Improve earnings, maximize rewards and track progress toward dream trips. 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. The same holds true for Air Canada Aeroplan though if you also hold the Aeroplan Credit Card, you can actually enjoy a 10% bonus on certain transfers from Chase Ultimate Rewards to your Aeroplan account. Cost includes $12.95 plus applicable local sales tax. (Rates & Fees) and offers a variety of valuable perks , including: Read a full review of the Amex Platinum Card, and Update: Some offers mentioned below are no longer available. Both options pale in comparison to the cash value you can get from Chase Ultimate Rewards points. So theres nothing further I need to do to justify the card on my end, and its also why I judge the value of Both cards can potentially offer outsized value, but theyre very different from one another. Earn 90,000 bonus miles after you spend $6,000 in purchases on your new Card in your first 6 months. 60,000 Points Learn More Terms Apply. The following links will direct you to the rates and fees for mentioned American Express Cards. The Amex Platinum offers 80,000 Membership Rewards points after you spend $6,000 on purchases on your new Card in your first 6 months of Card Membership. I get near full value out of the: Thats $879 worth of credits that Im more or less maximizing, Furthermore, the definitions for whats included in each bonus category tend to be broad. Compare the cost in points or miles to cash, and see which option is best. Points can also be transferred to any of Chase's 14 airline and hotel partners. * That's $750 toward travel when redeemed through Chase Ultimate Rewards . If you can take advantage of all the annual statement credits and luxury perks, these cards can actually complement each other well. Information provided on Forbes Advisor is for educational purposes only. Nonverbal communication is defined as how people communicate with each other without talking or writing. Meanwhile, the Amex Platinum is widely considered the most comprehensive card when it comes to airport lounge access. 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 See what a point or mile is worth with our appraisals of a loyalty programs currency, based on redemption values. 1.25 cents per point to cover your annual fee. 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. Eligibility and Benefit level varies by Card. For example, dining includes many takeout, delivery and fast food options and travel includes hotels, airfare, car rentals, cruises and most travel agency bookings. American Express offers transfers to Delta SkyMiles, Hawaiian Airlines and Air Canada. 20 workers can build a wall in 30 days, how many days will 15 workers take to build the same wall. 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. There are even more places your Platinum Card can get you complimentary entry and exclusive perks. Terms, conditions and limitations apply. That means the 60,000 points earned from the sign-up. Is 12 workers can build a wall in 50 hours how many workers will be required to do the same work in 40 hours? 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. 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