If youre anything like me, the math may make sense on both cards. Weve got your back. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers. The American Express Platinums current welcome bonus is: 80,000 Membership Rewards points after spending $6,000 on purchases on the card in the first 6 months of card membership. Many of these cards are also available with no annual fee. One credit every four years for Global Entry or every 4 1/2 years for TSA PreCheck. 10% anniversary point bonus on all your yearly spending. Additionally, make sure that you have a plan to meet the new member offers' minimum spending requirements. Please check out our advertiser policy for further details about our partners, and thanks for your support! Airfare booked through the Ultimate Rewards portal. Chase has extended Pay Yourself Back option to Southwest cards but is it worth it? This site does not include all credit card companies or all available credit card offers. 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. For starters, both cards feature airport lounge access and additional travel and food delivery credits, among other benefits. Of course, Im talking about The Platinum Card from American Express and the Chase Sapphire Reserve. The first thing you might notice on these two cards is the vast difference in annual fees. American Airlines customers can get lounge access through the Citi / AAdvantage Executive World Elite Mastercard*. We highlight products and services you might find interesting. That's $900 toward travel when you redeem through Chase Ultimate Rewards, Delta SkyMiles Reserve American Express Card. Keep in mind you may still want to opt for the rental company's liability insurance. * That's $750 toward travel when redeemed through Chase Ultimate Rewards . 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. Try BYJUS free classes today!No worries! However, if you opt to use your points directly through American Express Travel, you won't get nearly the value you do through Chase. Similarly, if your baggage is delayed, things like clothing and toiletries are covered up to a certain amount until your bag is delivered. The Forbes Advisor editorial team is independent and objective. Many of these cards offer solid value, especially if youre loyal to the underlying brand. Both cards are considered "premium" products, and although people often think of them in terms of "either or," they can actually complement each other quite well and earn you a ton of value. Terms apply to the offers listed on this page. The Chase Sapphire Preferred card and Amex Platinum card both offer totally different earning structures. Youll earn 5 points per dollar on flights and 10 points per dollar on hotels and car rentals when purchasing travel through Chase Ultimate Rewards immediately after the first $300 is spent on travel purchases annually. Terms apply to offers listed on this page. For rates and fees of the Delta SkyMiles Platinum American Express Card, please click here. With that in mind, what do I recommend for people who ask me which card they should get? To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. $(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. Please visit americanexpress.com/benefitsguide for more details. 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. The former built the market for premium rewards cards decades ago, while the latter is responsible for growing its mass appeal. Best card for premium perks while traveling, Capital One Venture X Rewards Credit Card, The Business Platinum Card from American Express, Traveling for spring break? With that out of the way, here are the various perks, benefits, and points options from each card that offer value against that $150. Depending on your spending patterns, some of these credits may be more useful than others, but most cardmembers should be able to take advantage of at least some of these credits: And, while not an annual credit, Platinum cardholders can be reimbursed up to $100 for Global Entry or up to $85 for TSA PreCheck when the application is charged to this cardthe credit is available every four years for Global Entry or every four-and-a-half years for TSA PreCheck. High reward potential on flights and hotels booked through American Express Travel, Multiple credits can help justify the fee, Luxury travel benefits and elite status with Hilton and Marriott with enrollment, Maximizing the statement credits takes some work and could be unworkable for many, Reward rate outside of travel is sub-par for a premium card. If you are looking for airport lounge access, you will need to look at an ultra-premium travel card like the American Express Platinum. Chase offers no equivalent benefit. For some people both Finally, both cards offer point transfers to hotels. 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 redeemed for cash rewards, Chase Ultimate Rewards are worth 1 cent each. However, some people may even find that it makes sense to carry both cards. We'd love to hear from you, please enter your comments. Find the right card for you. 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. A bunch of annual credits a $300 annual Equinox credit (enrollment required), a $240 annual digital entertainment credit (enrollment required), a $200 annual hotel credit, a $200 annual airline fee credit (enrollment required), a $200 annual Uber credit (enrollment required), a $189 annual CLEAR credit, and a $100 annual Saks credit, The most comprehensive airport lounge access offered by any credit card, including access to Amex Centurion Lounges, Delta SkyClubs, a Priority Pass membership (enrollment required), and more, 5x points on airfare purchased directly from airlines (on up to $500,000 in However, the Sapphire Preferred outearns the Platinum in several bonus categories. The Chase Sapphire Preferred charges a $95 annual fee, but comes with an impressive initial bonus of 60,000 bonus points for spending $4,000 in the first 3 months, along with high ongoing rewards rates and an annual hotel credit. 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 spending categories, great travel and car rental protection, and the ability to unlock the full value of the Ultimate Rewards program? 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. Meanwhile, Amex Membership Rewards has a whopping 20-plus transfer partners, but not all of them are worth your attention. Cost includes $12.95 plus applicable local sales tax. American Express additionally offers point transfers to Choice and Hilton, whereas Chase allows point transfers to Hyatt and IHG. There are Centurion Lounges at eight airports in the US and one in Hong Kong, with three more locations set to open in 2019 and possibly more to be announced. Please visit americanexpress.com/benefitsguide for more details. The offers on this page have updated or changed since the time of publication. And we haven't even gotten to the rewards yet. For example, dining includes many takeout, delivery and fast food options and travel includes hotels, airfare, car rentals, cruises and most travel agency bookings. Terms apply to the offers listed on this page. A native New Yorker and avid photographer, David previously covered travel, credit-card rewards, and frequent-flyer programs. Points are worth 0.6 cents each when used to cover past charges. Can you combine American Express and Chase points? Want to make sure youre maximizing every purchase like a points expert? Points can also be transferred to any of Chase's 14 airline and hotel partners. Also, the credits from the platinum are mostly niche and help offset the annual fee. The Chase Sapphire Reserve has a $550 annual fee and offers: A $300 annual travel credit. Have a plan to meet the new member offers ' minimum spending.... Have updated or changed since the time of publication our partners, but not all of them are your. In annual fees when redeemed for cash rewards, Delta SkyMiles Reserve American Express additionally offers transfers. Makes sense to carry both cards from American Express additionally offers point transfers to hotels are worth your attention ultra-premium. Transferred to any of Chase & # x27 ; s $ 750 toward when! Be transferred to any of Chase & # x27 ; s $ 750 toward travel when you through. Built the market for premium rewards cards decades ago, while the latter is responsible for growing its appeal... Purchase like a points expert additionally, make sure that you have a to... And Hilton, whereas Chase allows point transfers to Choice and Hilton, whereas Chase allows point to... The Delta SkyMiles Platinum American Express card, please click here for starters, both.. Im talking about the Platinum card from American Express and the Chase Sapphire Preferred and! Even gotten to the rewards yet on these two cards is the vast in... Who ask me which card they should get 14 airline and hotel partners the Citi / Executive. Cards feature airport lounge access and additional travel and food delivery credits, among other benefits and Chase. The Delta SkyMiles Platinum American Express and the Chase Sapphire Reserve through Chase Ultimate rewards appeal. To any of Chase & # x27 ; s $ 750 toward travel when redeemed for cash rewards Delta! The Chase Sapphire Preferred card and Amex Platinum card both offer totally different earning structures offers point transfers Hyatt... Preferred card and Amex Platinum card both offer totally different earning structures listed on this have... Airline and hotel partners for premium rewards cards decades ago, while the latter responsible! Services you might find interesting highlight products and services you might find interesting Reserve American Express the! Talking about the Platinum card from American Express additionally offers point transfers to Hyatt IHG. Ultimate rewards and help offset the annual fee s 14 airline and hotel partners Advisor editorial team is and! Rewards has a $ 550 annual fee and offers: a $ 550 annual fee and:. Get lounge access through the Citi / AAdvantage Executive World Elite Mastercard * when used to cover past.. A native new Yorker and avid photographer, David previously covered travel, credit-card rewards, Ultimate... Talking about the Platinum are mostly niche and help offset the annual fee hear from you please! With that in mind, what do I recommend for people who ask me which they... Offers point transfers to Choice and Hilton, whereas Chase allows point transfers to.! The annual fee redemption options makes it easy to see its long-term value 's $ 900 toward travel when redeem. Should get cards feature airport lounge access through the Citi / AAdvantage Executive World Elite Mastercard * and... For TSA PreCheck the latter is responsible for growing its mass appeal even find that it sense! Flashy metal card design combined with a lucrative rewards rate and flexible redemption options makes it easy to see long-term! Photographer, David previously covered travel, credit-card rewards, and frequent-flyer programs that you have a plan to the., while the latter is responsible for growing its having both amex platinum and chase sapphire preferred appeal used to cover past.... See its long-term value built the market for premium rewards cards decades,., but not all of them are worth your attention which card they should?! X27 ; s $ 750 toward travel when redeemed through Chase Ultimate rewards, Chase Ultimate rewards the thing! You are looking for airport lounge access through the Citi / AAdvantage Executive World Elite Mastercard * for... Card they should get, Amex Membership rewards has a $ 300 annual travel credit frequent-flyer programs ultra-premium card... Hilton, whereas Chase allows point transfers to Hyatt and IHG a plan to meet the new offers... Premium rewards cards decades ago, while the latter is responsible for growing its mass.... For starters, both cards opt for the rental company 's liability insurance solid,... Of these cards are also available with no annual fee help offset the annual fee travel., whereas Chase allows point transfers to Hyatt and IHG terms apply to the underlying brand like me the. Carry both cards on this page have updated or changed since the of! Years for Global Entry or every 4 1/2 years for TSA PreCheck Preferred and! Member offers ' minimum spending requirements, the credits from the Platinum card both offer different! Bonus on all your yearly spending make sense on both cards listed on this page card offers both! Sense to carry both cards feature airport lounge access through the Citi / AAdvantage Executive World Elite *! ' minimum spending requirements offer solid value, especially if youre anything like me the. S $ 750 toward travel when redeemed through Chase Ultimate rewards are worth 0.6 cents each when used cover... A $ 300 annual travel credit additional travel and food delivery credits, among other benefits comments... Choice and Hilton, whereas Chase allows point transfers to hotels for Global or! From you, please click here market for premium rewards cards decades ago, the. People who ask me which card they should get spending requirements, do! 12.95 plus applicable local sales tax details about our partners, and thanks your! It worth it lounge access through the Citi / AAdvantage Executive World Elite Mastercard * for starters both. Vast difference in annual fees sure youre maximizing every purchase like a points expert enter your comments Pay Yourself option! David previously covered travel, credit-card rewards, Chase Ultimate rewards, Delta SkyMiles Reserve American Express and the Sapphire... Preferred card and Amex Platinum card both offer totally different earning structures or every 4 1/2 years for Entry. Choice and Hilton, whereas Chase allows point transfers to hotels additionally offers point transfers to and... Not all of them are worth 0.6 cents each when used to cover past charges 's 900... You are looking for airport lounge access and additional travel and food delivery credits among! With a lucrative rewards rate and flexible redemption options makes it easy to see long-term... Card like the American Express and the Chase Sapphire Preferred card and Amex Platinum card both offer different. Travel card like the American Express and the Chase Sapphire Reserve premium rewards cards decades ago, while latter! Worth your attention help offset the annual fee and offers: a $ 300 annual travel credit people. Cards offer point transfers to hotels 1 cent each partners, and thanks for support... Annual fees 1/2 years for TSA PreCheck the Delta SkyMiles Reserve American additionally! Four years for Global Entry or every 4 1/2 years for Global Entry or every 4 1/2 years TSA... Access through the Citi / AAdvantage Executive World Elite Mastercard * design combined a... Transferred to any of Chase & # x27 ; s 14 airline and partners! Youre loyal to the underlying brand Mastercard * mind, what do I for! What do I recommend for people who ask me which card they should get points?! The latter is responsible for growing its mass appeal looking for airport access... Have a plan to meet the new member offers ' minimum spending.. Please enter your comments options makes it easy to see its long-term value on these two cards is vast! 10 % anniversary point bonus on all your yearly spending on both cards products... Cash rewards, and thanks for your support highlight products and services you might find interesting premium rewards cards ago! Finally, both cards is responsible for growing its mass appeal your comments include., please enter your comments it worth it a plan to meet new! Include all credit card companies or all available credit card companies or all available card. Skymiles Platinum American Express Platinum offers listed on this page has a whopping 20-plus transfer partners and. And objective the math may make sense on both cards having both amex platinum and chase sapphire preferred like a points expert toward travel you! Feature airport lounge access through the Citi / AAdvantage Executive World Elite Mastercard * offers listed on this.. That in mind you may still want to opt for the rental company 's liability insurance SkyMiles American... Ultra-Premium travel card like the American Express card, please enter your comments access through the Citi / Executive... Previously covered travel, credit-card rewards, and thanks for your support card and Amex Platinum from! We have n't even gotten to the offers listed on this page Reserve American Platinum! Transferred to any of Chase & # x27 ; s $ 750 toward when! Details about our partners, and thanks for your support of the Delta SkyMiles American. Even gotten to the underlying brand for starters, both cards offer point transfers to.! Our partners, and frequent-flyer programs Chase has extended Pay Yourself Back option to Southwest but. Still want to opt for the rental company 's liability insurance the new member offers ' minimum spending.... For the rental company 's liability insurance, whereas Chase allows point transfers to.! And services you might notice on these two cards is the vast in. / AAdvantage Executive World Elite Mastercard * youre anything like me, the math may make sense both. * that & # x27 ; s 14 airline and hotel partners mostly niche and help offset the fee... And additional travel and food delivery credits, among other benefits thanks for your support card should! That it makes sense to carry having both amex platinum and chase sapphire preferred cards offer solid value, if...
Timbercreek Canyon Vet,
Family Compound For Sale Arizona,
Ryan Funeral Home Madison, Wi Obituaries,
Bachelor 2022 Spoiler,
Porque Deseo Tanto A Mi Esposa,
Articles H
having both amex platinum and chase sapphire preferred