Terms, Conditions and Limitations Apply. Plus, that way you can spread out the annual fees by a few months. 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. If you would like to ask us a question, tweet us at @thepointsguy, message us on Facebook or email us at info@thepointsguy.com. Additionally, make sure that you have a plan to meet the new member offers' minimum spending requirements. For example, 60,000 points are worth $750 toward travel. Forbes Advisors list of the best cash-back credit cards is a good place to start. This post contains references to products from one or more of our advertisers. Underwritten by AMEX Assurance Company. Terms, Conditions and Limitations Apply. Earn 80,000 bonus miles after you spend $5,000 on purchases in the first 3 months from account opening. To put the Sapphire Reserves value into perspective, The Points Guy himself, Brian Kelly, says that its the one premium card hed choose for all his spending. 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. Terms apply to the offers listed on this page. 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. Earn 90,000 bonus miles after you spend $6,000 in purchases on your new Card in your first 6 months. Navigate to 'Account Services.': On the drop-down menu, click on 'account services' and then click on 'add an authorized user.'. Lounge access is complimentary for the primary cardholder and, typically, two guests. Platinum cardholders can get gold-level elite status at Marriott, and Hilton hotels**. American Express offers transfers to Delta SkyMiles, Hawaiian Airlines and Air Canada. 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? However, if you're looking for a more flexible travel credit, more comprehensive protections and fewer lifestyle perks, the Sapphire Reserve could be a better option. And we haven't even gotten to the rewards yet. 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. Cardholders earn 5 Membership Rewards points per dollar for flights booked directly with airlines or with American Express Travel on up to $500,000 per calendar year, 5 points per dollar on prepaid hotels booked with American Express Travel and 1 point per dollar on other eligible purchases. Can you combine American Express and Chase points? * (Underwritten by New Hampshire Insurance Company, an AIG Company), Trip cancellation/interruption insurance. In this video I explain why I have BOTH the AmEx Platinum and the Chase Sapphire Reserve (CSR). Let's assume you routinely spend about $1,500 per month, and about half of that or $750 is on dining and travel/transit. this card independently, rather than in comparison to another card. After the two AMEX cards I probably won't get anymore. That covers things like hotel accommodations, meals, toiletries, and a change of clothing really, anything that can be considered a "reasonable" expense. Enrollment required. If anyone on our team wouldnt recommend it to a friend or a family member, we wouldnt recommend it on The Points Guy either. Official application link: Amex Platinum.Official application link: Chase Sapphire Reserve. Often the most valuable redemptionand one that appeals to frequent travelersis transferring rewards points from your credit card to travel loyalty programs. At the same time, the Sapphire Reserve earns my favorite transferable points currency and its $300 annual travel credit is simple to use. Chase has a similar program, Chase Offers, but its not nearly as extensive. The overlap between groups has ______ in americas residential neighborhoods and workplaces. This gives you an absolute minimum redemption value of 1.5 cents per point, meaning you can book a seat on any flight thats for sale, even if there isnt award space available. We welcome your feedback. Give the BNAT exam to get a 100% scholarship for BYJUS coursesNo worries! TPG also values Ultimate Rewards points at 2 cents each, making this bonus worth $1,200. Youll earn 5 points per dollar on travel purchased through Chase Ultimate Rewards, 3 points per dollar on dining, select streaming services, and online grocery purchases (excluding Walmart, Target and wholesale clubs), 2 points per dollar on all other travel purchases and 1 point per dollar on all other purchases. read about my favorite perks of the Amex Platinum Card. A native New Yorker and avid photographer, David previously covered travel, credit-card rewards, and frequent-flyer programs. Its true the Amex Platinum offers Delta Sky Club access. As a premium credit card, the Chase Sapphire Preferred requires good-to-excellent credit. Get the Chase Sapphire Reserve, Do you want the best card for airport lounge access, a huge number of credits that could way more than justify the annual fee, useful mid-tier hotel status with two programs, 5x points on airfare, and more? The Chase Sapphire Preferred card and Amex Platinum card both offer totally different earning structures. The card includes Delta Sky Club lounge access for the primary cardmember when flying a same-day Delta itinerary. * (Underwritten by New Hampshire Insurance Company, an AIG Company). Another area where Amex excels is by offering Gold elite status with both Marriott and Hilton to Platinum cardholders. The Forbes Advisor editorial team is independent and objective. You can estimate your odds of approval by checking for pre-qualified offers you may be eligible for on the American Express website. 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. Eligibility and Benefit level varies by Card. On quick thought, that makes sense. Both options pale in comparison to the cash value you can get from Chase Ultimate Rewards points. Weve got your back. Nonverbal communication is defined as how people communicate with each other without talking or writing. 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. He went from studying abroad in Paris to moving to Shanghai after graduating college, where he covered all things travel in the Asia-Pacific region for TPG. The $50 annual credit against hotel purchases made through Chase Travel offsets about half the $95 annual fee. Chase offers a broader range of bonus categories, including everyday purchases like travel and dining. 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. Improve earnings, maximize rewards and track progress toward dream trips. Some of the larger locations feature showers, too. CREDIT MONITORING. 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. Of course, Im talking about The Platinum Card from American Express and the Chase Sapphire Reserve. Platinum Card by American Express Interest Rates: Earn 5 Membership Rewards points per dollar on prepaid hotels booked with American Express Travel; earn 5 Membership Rewards perRead More. While you'll pay over $1,200 in annual fees between the two cards, I think it absolutely could make sense to have both. However, they offer slightly different value propositions. Which one of the following would be considered the most appropriate action for a leader during the performing stage of team development? Many Amex Platinum holders find these extra perks justify the higher fee, so be sure to consider the big picture when comparing cards. Secondary car rental coverage. If you fly even just a few times each year, such substantial lounge access can be valuable. 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. $100 maximum every four years for application to Global Entry, TSA PreCheck or NEXUS. Although they both have high annual fees, they each. Terms apply to the offers listed on this page. Enter the authorized user's detail s: After clicking on the 'add authorized user' tab, you will be . BANKING. Many of these cards are also available with no annual fee. Want to make sure youre maximizing every purchase like a points expert? Please visit americanexpress.com/benefitsguide for more details. Search For: Get cheap travel tips to your inbox! Airfare booked directly with airlines and airfare booked with American Express Travel, on up to $500,000 on these purchases per calendar year. Note that there is a two-night minimum stay for The Hotel Collection bookings. But they also have differences and similarities that make a compelling case as to whether one or both are right for you. Please visit americanexpress.com/benefitsguide for more details. 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. Each account anniversary you'll earn bonus points equal to 10% of your total purchases made the previous year. Amex Platinum. Additional reporting by Ryan Wilcox, Stella Shon, Juan Ruiz and Chris Dong. Here's why it might be worth having both cards. With its $695 annual fee (see rates and fees), the Amex Platinum is currently offering new applicants 80,000 Membership Rewards points after they spend $6,000 on purchases in the first six months of cardmembership. Winner: The Amex Platinum takes the lead in this first category, especially if you are targeted for an elevated offer through CardMatch. To view rates and fees for The Platinum Card from American Express please visit this page. THE GREAT GATSBYChapter 7: Heat SymbolismWeather symbolism? Thats $750 when you redeem through Chase Ultimate Rewards. Past performance is not indicative of future results. The Chase Sapphire Reserve introductory bonus is not as generous. Maybe youre looking for a credit card offering travel insurance benefits or debating whether getting a card with lounge access is worth the cost. This compensation comes from two main sources. Sections. That means the 60,000 points earned from the sign-up. Underwritten by AMEX Assurance Company. The welcome offer alone is worth $2,000, according to TPG valuations. You can also use them to purchase travel through Chase, which works just like any other online travel agency. 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. It doesn't offer 10X on hotels and car rentals like Capital One Venture X, but the Venture X card isn't its direct competitor, the Venture Card, sans "X", is. 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 Platinum Card gives me access to highly-coveted Centurion lounges and hotel elite status. The card also comes with trip cancellation/interruption coverage. Please view our advertising policy page for more information. Plus, you earn 3 points per dollar on travel (excluding the $300 travel credit) and dining, and these categories are broad enough that you wont be scratching your head trying to decide if youre swiping the right card. as well as other partner offers and accept our. With the Chase Sapphire Reserve, the current 60,000-point offer is worth at least $900 towards travel. We'd love to hear from you, please enter your comments. No, those numbers are not typos. Related: Dear credit card issuers: Lighten up on the airline fee credit restrictions. Both cards have similar travel benefits. The same can be said of certain perks on the Amex Platinum including statement credits with Saks Fifth Avenue, Clear and select digital entertainment providers. The Chase Sapphire Preferred Card carries an annual fee of $95, which is substantially lower than the American Express Platinums $695 annual fee. Check here before booking an award fare. If youre anything like me, the math may make sense on both cards. The Chase Sapphire Preferred Card carries an annual fee of $95, which is substantially lower than the American Express Platinum's $695 annual fee. Download the free TPG App to start spending like a pro. Annual digital entertainment statement credit, Do Not Sell or Share My Personal Information, - 10 points per dollar on Lyft (20% return on spending), - 5 points per dollar on airfare booked directly with the airline or with American Express Travel, up to $500,000 on these purchases per calendar year (10% return on spending). The Chase Sapphire Reserve and The Platinum Card from American Express are two of the most popular premium rewards cards on the market. CREDIT CARDS. For an explanation of our Advertising Policy, visit. 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. No single credit card is the best option for every family, every purchase or every budget. The Chase Sapphire Reserve has a $550 annual fee and offers: A $300 annual travel credit. I get near full value out of the: Thats $879 worth of credits that Im more or less maximizing, Amex Platinum: Points are worth 1 cent each for air travel and can be transferred to a 1:1 travel partner. Opinions expressed here are the author's alone, not those of the bank, credit card issuer, airline, hotel chain, or As for elite status, the IHG Rewards Premier card gives you automatic Platinum . In this area, the Chase Sapphire Preferred Card shines. Ultimate Rewards has a real edge for hotel bookings because of its partnership with World of Hyatt, where free nights start as low as 3,500 points per night. If not, you may find that they aren't a real value-add relative to the annual fee. 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. Our opinions are our own, and have not been reviewed, approved, or endorsed by our advertising partners. While the Amex Platinum does pull ahead on most airfare purchases (with a terrific 10% return), the Chase Sapphire Reserve pulls ahead for dozens of other travel expenses, including most hotels, ride-sharing services, parking fees, tolls, tours and more. Many of these cards offer solid value, especially if youre loyal to the underlying brand. So theres nothing further I need to do to justify the card on my end, and its also why I judge the value of 20 workers can build a wall in 30 days, how many days will 15 workers take to build the same wall. While there may be some overlap with benefits like a Priority Pass membership and $100 Global Entry/TSA PreCheck credit every four years, they both offer a slightly different value proposition in how they earn points and deliver unique benefits. While they are both excellent travel . Both the Chase Sapphire Preferred and the American Express Platinum cards offer welcome bonuses, which change from time to time. 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