- 1 Chase Sapphire Reserve Credit Card
- 2 Chase Sapphire Reserve Card 50,000 Bonus Points
- 3 2017 Chase Sapphire Preferred Travel Insurance, Dining Program & Credit Score Requirement- The Hottest Plastic Metal Card
- 3.0.1 Hilton Honors™ Surpass® Card from American Express
- 3.0.2 Barclaycard Arrival Plus™ World Elite MasterCard®
- 3.0.3 Chase Sapphire Preferred signup reward 2017
- 3.0.4 Chase Sapphire Preferred Card Travel Insurance
- 3.0.5 Starwood Preferred Guest® Business Credit Card from American Express
- 3.0.6 Barclaycard CashForward™ World MasterCard®
- 3.0.7 British Airways Visa Signature® Card
- 3.0.8 The Chase Sapphire Preferred Dining Program
- 3.0.9 Ink Business Preferred℠ Credit Card
- 3.0.10 Marriott Rewards® Premier Credit Card
- 3.0.11 Chase Sapphire Preferred Credit Score Requirement (Needed)
- 3.0.12 IHG® Rewards Club Select Credit Card
- 3.0.13 Barclaycard CashForward™ World MasterCard®
- 3.0.14 Starwood Preferred Guest® Business Credit Card from American Express
- 3.0.15 Starwo od Preferred Guest® Credit Card from American Express
- 3.0.16 Gold Delta SkyMiles® Credit Card from American Express
- 4 The Chase Sapphire Reserve vs The American Express Platinum Card
Chase Sapphire Reserve Credit Card
The Chase Sapphire Reserve Credit Card is a travel rewards credit card. It offers three points per dollar on travel and dining at restaurants and one point per dollar on all other purchases. Spend $4,000 within three months of opening the account, and you will earn 50,000 bonus points. This card offers excellent benefits, including a $300 annual travel credit, fee credit for Global Entry or TSA Precheck, airport lounge access, perks at luxury hotels and resorts including upgrades, early check-in and late checkout, trip cancellation and interruption insurance, an auto rental collision damage waiver, lost luggage reimbursement, trip delay reimbursement, purchase protection, price protection, return protection and extended warranty protection.
Triple points on travel and dining: This card earns three points per dollar on travel and dining at restaurants.
Annual travel credit: Each year, you will automatically receive up to $300 in statement credits for travel purchases on your card.
Travel redemption value: Most Chase travel rewards cards offer cardholders a 25 percent higher points value when you redeem them for travel through Chase Ultimate Rewards. With the Chase Sapphire Reserve Credit Card, points are worth 50 percent more when you redeem them for travel through Chase Ultimate Rewards. For example, your 50,000-point sign-up bonus is worth $500 when redeemed for cash back or $750 when redeemed for travel through Chase Ultimate Rewards.
Annual fee: The Chase Sapphire Reserve Credit Card has an annual fee of $450.
Bonus points: This card earns three points per dollar on travel and dining at restaurants, but other cards may offer higher earning opportunities for more bonus categories, such as 6 percent cash back for purchases at gas stations and grocery stores.
Potentially high APR: The Chase Sapphire Reserve Credit Card has a variable APR of 16.99 to 23.99 percent.
Chase Sapphire Reserve Credit Card Benefits
The Chase Sapphire Reserve Credit Card offers exceptional travel and shopping benefits, which include:
- $300 annual travel credit
- Global Entry or TSA Precheck fee credit
- Airport lounge access
- Perks at select hotels and resorts
- Trip cancellation and interruption insurance
- Auto rental collision damage waiver
- Lost luggage reimbursement
- Trip delay reimbursement
- Purchase protection
- Price protection
- Return protection
- Extended warranty protection
With the Chase Sapphire Reserve Credit Card, you can earn three points per dollar on travel and dining purchases and one point per dollar on all other purchases. You should plan to meet the card’s $4,000 spending requirement in the first three months if you want to earn the 50,000-point sign-up bonus. When redeeming your points, you can get 50 percent more value if you redeem your rewards for travel through Chase Ultimate Rewards.
Annual fee: The annual fee is $450 for the Chase Sapphire Reserve Credit Card and $95 for the Chase Sapphire Preferred Credit Card. However, the Chase Sapphire Preferred Credit Card waives the annual fee for the first year.
Rewards: The Chase Sapphire Reserve Credit Card earns three points per dollar on travel and dining purchases and one point per dollar on all other purchases. The Chase Sapphire Preferred Credit Card earns two points per dollar on travel and dining purchases and one point per dollar on all other purchases.
Sign-up bonus: Both cards offer 50,000 bonus points when you spend $4,000 within the first three months of opening the account.
Benefits: Both cards offer trip cancellation and interruption insurance, an auto rental collision damage waiver, travel and emergency assistance services, purchase protection, price protection and extended warranty protection. Additionally, the Chase Sapphire Reserve Credit Card has a $300 annual travel credit, Global Entry or TSA Precheck fee credit, airport lounge access, perks at select hotel and resorts, lost luggage reimbursement and trip delay reimbursement.
Chase Sapphire Reserve Credit Card vs. The Platinum Card from American Express
Annual fee: The Chase Sapphire Reserve Credit Card has a $450 annual fee. The annual fee for the Platinum Card from American Express is $550.
Rewards: The Chase Sapphire Reserve Credit Card earns three points per dollar on travel and dining purchases and one point per dollar on all other purchases. The Platinum Card from American Express earns five points per dollar on flights and hotels booked with airlines, hotels or American Express Travel. All other purchases earn one point per dollar.
Sign-up bonus: Spend $4,000 within three months of opening a Chase Sapphire Reserve Credit Card account, and you will earn 50,000 bonus points. The Platinum Card from American Express offers 75,000 points when you spend $5,000 within the first three months of opening an account.
Benefits: The Chase Sapphire Reserve Credit Card’s benefits include a $300 annual travel credit, global entry or TSA Precheck fee credit, airport lounge access, perks at select hotels and resorts, trip cancellation and interruption insurance, an auto rental collision damage waiver, lost luggage reimbursement, trip delay reimbursement, purchase protection, price protection, return protection and extended warranty protection. The Platinum Card from American Express offers a $300 airline fee credit, Global Entry or TSA Precheck fee credit, global lounge access, perks at select hotels and resorts, travel itinerary service, car rental loss and damage insurance, global assistance and internet hot spot access.
Chase Sapphire Reserve Card 50,000 Bonus Points
The Chase Sapphire Reserve Card will give you 50,000 bonus points after $4,000 in purchases within the first 3 months, a $300 annual credit for travel-related purchases, and many other features and benefits.
The information related to the Chase Sapphire Reserve Card has been collected by Maximizing Money and has not been reviewed or provided by the issuer of this card.
The 50,000 bonus points are worth $750 in travel when you redeem them for airfare, hotels, car rentals, and cruises through Chase Ultimate Rewards.
Updated 1/18/2017: Please note that you may still be able to qualify for the original 100,000 bonus point offer for the Chase Sapphire Reserve Card (as shown below) in-brach at Chase Bank through March 12, 2017, so apply in person to get the biggest bonus with this card.
You’ll also earn 3 points per $1 spent on travel and restaurant purchases worldwide, and you’ll earn 1 point per $1 spent on all other purchases.
The Chase Sapphire Reserve Card does have a $450 annual fee, which is not waived for the first year, but with the $300 annual travel-purchase credit, free airport lounge access, and other benefits, the annual fee may be worth while for many travelers.
The Chase Sapphire Reserve Card is available directly on the Chase Bank website and in Chase branches. You may also be interested in the Barclaycard CashForward Card to earn 1.5% cash back on all purchases with a $100 new account bonus.
Chase Sapphire Reserve Card Benefits
- Earn 50,000 Bonus Points after $4,000 in Purchases within the first 3 months of account opening.
- Earn 3X Points on Travel Purchases Worldwide.
- Earn 3X Points on Dining Purchases Worldwide.
- Earn 1X Points on All Other Purchases.
- No limit to points earned, and points don’t expire as long as your account is open.
- Your points are worth 50% more when you redeem for airfare, hotels, car rentals, and cruises through Chase Ultimate Rewards.
- Receive $300 Annual Travel Credit for Travel-Related Purchases Charged to Your Card.
- Receive Complimentary Airport Lounge Access for You and Your Authorized Users.
- Receive Global Entry or TSA Precheck Fee Credit of up to $100 Every 4 Years.
- Receive Car Rental Upgrades and Discounts.
- No Foreign Transaction Fees.
- Trip Cancellation or Interruption Insurance for up to $10,000 Per Trip.
- Auto Rental Collision Damage Waiver up to $75,000 for theft and collision damage for rental cars in the U.S. and abroad.
- Baggage Delay Insurance up to $100 Per Day for 5 Days to Cover Essential Purchases like Toiletries and Clothing.
- Trip Delay Reimbursement to cover meals and lodging for up to $500 Per Ticket.
- Roadside Assistance for up to $50 Per Incident 4 Times a Year.
- Lost Luggage Reimbursement up to $3,000 Per Passenger.
- Travel Accident Insurance up to $100,000.
- Emergency Evacuation and Transportation up to $100,000.
- Emergency Medical and Dental up to $2,500 when you travel 100 miles or more from home on a trip.
- $450 Annual Fee.
The new Chase Sapphire Reserve Card provides a great option for frequent fliers and heavy travelers who will take advantage of the travel credits and other exclusive benefits, and it offers an alternative option from the American Express Platinum Card for a premier travel credit card.
You may also consider the Chase Sapphire Preferred Card for great travel benefits with a lower annual fee that is waived for the first year.
Barclaycard CashForward Credit Card $200 Bonus – New Increased Offer
Apply for the Barclaycard CashForward™ World Mastercard® to earn a $200 cash bonus after you spend $1,000 on purchases within the first 90 days after account opening, plus get 1.5% cash back on all purchases with a 5% redemption bonus and no annual fee. [Read More] Barclaycard CashForward Credit Card $200 Bonus – New Increased Offer
2017 Chase Sapphire Preferred Travel Insurance, Dining Program & Credit Score Requirement- The Hottest Plastic Metal Card
Is chase sapphire preferred a good credit card? YES ! The Chase Sapphire Preferred® Card is unarguably one of the most preferred and popular credit cards you want to put in your wallet. The card perks include from dining to travel benefits point. According to NERDWALLET, it is one of the best bonus point travel cards under $100 annual fee.
- Purchase Protection
- Return Protection
- Travel Accident Insurance
- Trip Interruption Insurance
- Baggage Delay Insurance
- Travel & Emergency Assistance
- Roadside Assistance
- 24/7 Cardholder Support
Chase Sapphire $0 Introductory APR for First Year. Then, of course, $95Cons: Chase Sapphire Preferred No APR
The card is not valuable for those who spend less than $10,000 per year
Hilton Honors™ Surpass® Card from American Express
Barclaycard Arrival Plus™ World Elite MasterCard®
Limited-Time 50,000 Bonus Points
Pros Chase Sapphire Best Chase rewards credit card
Best rewards rates on dining and travel
And Chase’s Bank one of the best credit card rewards programs
Earn 60K Points.
50,000 bonus points
Chase Sapphire Preferred signup reward 2017
The 50,000 bonus points were announced in 2015 when chase awarded points only when customer spend $4000 on the first month upon account opening.
The signup bonus of chase sapphire preferred signup bonus in 2017 remain same. Besides you get additional 5,000 points if you add authorized customer and make a purchase in first three months. The $95 you will be not asked to pay for the first year of your card membership.
Chase Sapphire Preferred Card Travel Insurance
Besides traveling benefits, the card offers an exclusive advantage of some top-notch benefits while you were on the road.
Starwood Preferred Guest® Business Credit Card from American Express
Earn 25K Points.
Barclaycard CashForward™ World MasterCard®
$200 Cash RewardsApply now
British Airways Visa Signature® Card
50,000 Bonus Avios
The Chase Sapphire Preferred offers car rental insurance, Travel Insurance primarily. Without reporting it to your insurance company which covers the theft or damage of your rental car, entire loss a benefit that can save you big time in the long term.
The Chase Sapphire Preferred Dining Program
Chase Sapphire Preferred gives you 2x points power on dining program and travel at restaurants & also 1 point on a dollar spent on all other purchases. chase sapphire preferred is best for an individual who loves to dine out.
Ink Business Preferred℠ Credit Card
Earn 80,000 bonus pointsApply now
Marriott Rewards® Premier Credit Card
Earn 80,000 Bonus Points
Chase Sapphire Preferred Credit Score Requirement (Needed)
The chase Sapphire Preferred credit card has impressive benefits and due to this, you will need to have a good or excellent
IHG® Rewards Club Select Credit Card
Earn 80,000 bonus pointsApply no
credit score to qualify. According to few sources, the average Credit Score for Approval required is 700 credit score but that depends on lot of factors not just credit score, few individual who have score of 750, got disqualify
- No blackout periods or journey constraints – as long as there’s a seat on the flight, you can book it through Chase Ultimate Rewards
Barclaycard CashForward™ World MasterCard®
$200 Cash Rewards
Starwood Preferred Guest® Business Credit Card from American Express
Earn 25K Points.
Earn 30,000 bonus points
Starwo od Preferred Guest® Credit Card from American Express
Earn 25K Points.
Gold Delta SkyMiles® Credit Card from American Express
50,000 bonus points after you had spent $4,000 on purchases in the first 3 months from account opening.
As we said earlier if you redeem your points for car rentals hotels, airfare, cruises and more via Chase Ultimate Rewards ®
By Adding the first authorized user and making the first buying within the first 3 months from account opening will earn almost 5,000 bonus points.
Redeem with Gift cards, purchase and more,
The Chase Sapphire had participating in frequent travel programs which in use: Singapore Airlines KrisFlyer Korean Air SKYPASS, Flying Blue AIR FRANCE KLM Singapore Airlines KrisFlyer, British Airways Executive Club, United MileagePlus ® , Southwest Airlines Rapid Rewards ® Virgin Atlantic Flying Club, Marriott Rewards ® , IHG ® Rewards Club, The Ritz-Carlton Rewards ®
That depends on Based on your creditworthiness, the Chase Sapphire Preferred ® Card has a 16.99%-23.99% variable APR.
The Chase Sapphire Reserve vs The American Express Platinum Card
The Chase Sapphire Reserve is the newest benefits card to hit the market and consumers are going crazy over this card (and rightfully so). It’s a bit of a super-card, offering an outstanding sign-up bonus, some of the best benefits out of any card, and great bonus category earning rates. But how does is stack up to the tried-and-true Platinum Card from American Express? Here’s a comparison between the two cards with a final winner decided at the end.
The Chase Sapphire Reserve is a credit card while the American Express Platinum is a “charge card.” A charge card must be paid off in full each month or else you face a hefty monthly fee. The benefit to a charge card like the Platinum is that you’re not restricted to a strict credit limit and so you have a little more spending flexibility (although credit limits with the Reserve tend to start quite high so it’s not a huge advantage here).
Note: Over time, you can often effectively turn your charge card into a credit card with Amex with the “Pay Over Time” feature.
The Platinum will earn you Membership Rewards that can be transferred to a variety of travel partners listed below:
These partners do not have all have the same transfer ratios as you can see below:
- Delta Skymiles
- Club Premier AeroMexico
- Aeroplan Air Canada
- Flying Blue (Air France/KLM)
- MilleMigilia Club Alitalia
- Asia Miles
- Avios British Airways (250 points = 200 Avios)
- Emirates Skyrewards
- Hawaiin Airlines
- Iberia Plus
- KrisFlyer Singapore Airlines
- Virgin America (200 points = 100 Elevate points)
- Virgin Atlantic
- Best Western Rewards
- Choice Privileges
- Hilton HHonors (1,000 points = 1,500 HHonors points)
- SPG (Starwood Preferred Guest) (1,000 points = 333 Starpoints)
There are a few things to keep in mind about Membership Rewards:
- Bonus transfers are occasionally offered allowing you to transfer your points to partners for higher ratios. Check this thread for a history of these transfer bonuses.
- Your Membership Rewards cannot be freely transferred between you and any friend or family members but you can transfer them to authorizes users’ rewards accounts.
- They don’t expire as long as you remain a cardholder
The Sapphire Reserve earns “Ultimate Rewards” that can all be transferred at a 1:1 ratio to a variety of travel partners listed below.
- British Airways Executive Club
- Flying Blue (Air France/KLM)
- Korean Air SKYPASS
- Singapore Airlines KrisFlyer
- Southwest Airlines Rapid Rewards
- United MileagePlus
- Virgin Atlantic Flying Club
- Hyatt Gold Passport
- IHG® Rewards Club
- Marriott Rewards
- The Ritz-Carlton Rewards
Which reward program is better?
Both programs have their strengths and weaknesses and lots could be written in a comparison between the two but here’s a brief look at some of the key highlights of the travel partners.
- ANA – Super cheap redemptions, such as 88,000 miles in business class to Europe and very reasonable prices to other destinations like Asia (Japan), South America, Africa, etc.
- Aeroplan – Good redemption rates to places like Europe and an easy way to avoid surcharges on Star Alliance partners, such as United Airlines.
- Delta – Amex has several Delta credit cards making it easy to top off.
- MilleMigilia Club Alitalia – Sometimes a little hassle involved with redeeming but excellent redemption rates to many places, such as South American and Africa.
- Korean Air – Super cheap redemptions, such as at 80,000 miles in business class to Europe and some of the best prices to Hawaii, South America, and the Caribbean.
- British Airways – the 1:1 transfer ratio is superior to Membership Rewards and BA can be great for short-haul flights around the country or even getting to Europe and other places.
- Southwest – Very cheap routes available to get around the country. If you obtain the Companion Pass and you essentially double the value making them a super-economical way to get around the US and Caribbean; miles can be quickly obtained with Chase Southwest cards.
- United – Tons of flight options with huge network around the US and globe; miles can be quickly obtained with Chase United cards.
Membership Rewards and Chase Ultimate Rewards
Two partners overlap each program:
- Singapore Airlines – Also a transfer partner of Citi; Singapore Airlines has a tremendous business class and first class products and some very reasonable redemption rates.
- Flying Blue – Also a transfer partner of Citi; great way to book with SkyTeam partners to places like Europe.
And as far as hotel partners go, I’d roll with Ultimate Reward partners Hyatt, Marriott, and IHG over the transfer ratios for SPG and Hilton.
As you can see both programs have many options for booking great redemptions to just about anywhere you want to go in the world. In the end, unless you have a very clear plan as to what loyalty program you’ll be utilizing, it’s hard to go wrong with either program. Once you learn the system for redeeming miles with alliance partners, you’ll see that both of these reward programs have tons to offer depending on your personal goals for your travel. For that reason, I’m declaring it mostly a draw with a slight edge to Ultimate Rewards for its better transfer ratios and hotel partners.
In addition to transferring points to travel partners you can always redeem your points in different ways, such as for cash back, gift cards, or to book travel.
Membership Rewards can be redeemed in the following ways:
- Between .5 and 1.0 cent per point for gift cards
- 0.6 cent per point for a statement credit/charge.
- 1.0 cent per point on air fare
- 0.7 cent per point on hotels, cruises, and vacation packages.
Ultimate Rewards can be redeemed in the following ways:
- 1.0 cent per point for cash back into your Chase checking or savings account.
- 1.0 cent per point for gift cards
- As a Chase Sapphire Reserve card holder, if you book travel through the Ultimate Rewards Portal you can redeem points as 1.5 cents per point.
The Reserve easily beats the Platinum with these redemption options. Although I always transfer my points out to travel programs, 1.5 cents per point redemption on any travel is solid and very tempting, especially when compared to what you’re given with the Platinum. And while I definitely would never redeem Ultimate Rewards for a statement credit, the points to redeem at one cent per point almost double the rate of Membership Rewards. Thus, the Sapphire Reserve is the clear winner here.
New bonus of 60K is out — will update article soon.
- 40K to 100K (currently 40K) when you spend $3,000 in the first 3 months.
The 40K offer is the standard offer available to the public, and the 100K offer comes around in three forms but there’s no guarantee that you will ever get it. The three forms it comes in are:
- 1) Targeted mailings (if you’re already an Amex cardholder your chances of getting this offer in the mail are slim to none).
- 2) Pre-approval links: Some sites (including the Amex site) that allow you to view your pre-approved credit card offers will show this offer.
- 3) Incognito/Private browser windows sometimes show this offer (rare)
Tip: When applying for bonuses with Amex cards always remember that bonuses for personal cards are only given once a lifetime.
- 50K when you spend $4,000 in the first 3 months
The drawback to the Reserve is that it’s subject to the Chase 5/24 rule, meaning that if you’ve opened up 5 or more accounts in the past 24 months, you won’t be approved subject to certain limited exceptions.
- 5X on purchases of airfare made directly with airlines
- 1X on all other purchases
- 3X on travel
- 3X on dining
- 1X on all other purchases
This is another lopsided comparison in favor of the Sapphire Reserve. 3X on travel and dining is extremely competitive even among non-benefit based cards, so the Reserve definitely stands out in this regard.
The real reason you apply for and keep a credit card with an annual over $400 is for the benefits that the card offers.
Here’s a breakdown of my favorite benefits of the Platinum, but in a nutshell this card confers a host of benefits to you making it worth it including:
- Priority Pass airport lounge access (worth $400 per year)
- Centurion Lounge Access/Delta Lounge Access (when you fly with them)
- $200 annual airline credit (essentially reducing the annual fee to $250)
- $100 statement credit for Global Entry/TSA Pre-Check
- Add up to 3 authorized users for only $175 per year (for all 3)
- Gold status with Hilton and Starwood
- Free Boingo Wifi subscription (worth $120 per year)
- Rental car benefits with National Car Rental, Avis, and Hertz
- Concierge service
Also, while not exclusive to the Platinum, Amex Offers (which are special discounts and rebates given to Amex cardholders) can add up quickly if used efficiently and can certainly act as a considerable benefit to having the Platinum.
- Priority Pass airport lounge access (worth $400 per year)
- $300 annual travel credit (essentially reducing the annual fee to $150)
- $100 statement credit for Global Entry/TSA Pre-Check
- Add authorized users for $75 per person
- Rental car benefits with National Car Rental, Avis, and Silvercar
- Visa Infinite concierge service
- Elite Hotel Benefits at Relais & Châteaux
- Excess rental car insurance (may cover what your insurance company doesn’t cover), subject to exceptions such as no coverage for exotic cars and cars with retail value over $75,000.
- The Sapphire Reserve offers primary rental car insurance covering up to $75,000. This benefit comes with fewer restrictions than the Sapphire Preferred had.
Primary rental car coverage is a huge benefit offered by the Sapphire Reserve because it can save you from having to file a claim with your insurance company and keep your premiums down.
- Will pay a benefit for the Replacement Cost, up to $3,000, for each Covered Person on a Covered Trip for Loss of carry-on Baggage.
- Will pay a benefit for the Replacement Cost, up to $2,000, for each Covered Person on a Covered Trip for Loss of checked Baggage
- For checked or carry-on bags are damaged or lost by the carrier, you’re covered up to $3,000.00 for each Insured Person for each Common Carrier Covered Trip and up to $500.00 for each Insured Person for each Common Carrier Covered Trip for jewelry, watches, cameras, video recorders, and other electronic equipment.
The Sapphire Reserve has many other travel benefits, too. These include:
- Trip Interruption: If your trip is canceled or cut short by covered situations, you can be reimbursed up to $10,000 per trip for your pre-paid, non-refundable travel expenses,
- Trip Delay Reimbursement: If delayed more than 6 hours you are covered for expenses, such as meals and lodging, up to $500 per ticket. (upgrade from the Sapphire Preferred which required 12 hours).
- Baggage Delay Reimbursement: If delayed more than 6 hours, you arecovered for essential expenses, such as toiletries and clothes for up to one hundred ($100.00) dollars per day for a maximum of five (5) days.
For the Platinum, you’d have to purchase travel insurance before your trip to get these benefits. Thus, the Sapphire Reserve is a far superior travel credit card in this regard.
- Covers your new purchases for 90 days against damage or theft up to $10,000 per claim and $50,000 per Card Member account per calendar year.
- Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account. (This is a significant upgrade from the previous $500 limit of the Sapphire Preferred.)
B) Extended Warranty Protection
- Provides one additional year if the original manufacturer’s warranty is between one year and five years limited up to a maximum of USD $10,000 per occurrence
- Extends the time period of the original manufacturer’s written U.S. repair warranty by one (1) additional year on eligible warranties of three (3) years or less, up to a maximum of ten thousand ($10,000.00) dollars per claim
- If a card purchase you made in the U.S. is advertised for less in print or online within 90 days, you can be reimbursed the difference up to $500 per item, $2,500 per year.
- You can be reimbursed for eligible items that the store won’t take back within 90 days of purchase, up to $300 per item, $1,000 per year.
- You can be reimbursed for eligible items that the store won’t take back within 90 days of purchase, up to $500 per item, $1,000 per year.
- Up to $1,000,000 for loss of life
- Free for up to 4 times per year for the following services: towing up to 10 miles, winching, jump starts, flat tire change when Card Member has a workable spare, lockout service when key is in vehicle and delivery of up to 2 gallons of fuel.
- Free for up to $50 and up to 4 times per year
- Both cards have no foreign transaction fees.
- $450, not waived (more like $250/year with airline credit)
- $450, not waived (more like $150/year with airline credit)
While the annual fees are the same one aspect where the Reserve comes out on top is that you should be able to downgrade it to a no annual fee card like a Freedom or regular Sapphire. With the Platinum, the best you can do aside from canceling it is to downgrade it to a Green Card with a $95 fee.
Lounge Access and hotel status
The Platinum card has a leg up on the Reserve when it comes to lounge access and hotel perks. The access to Centurion lounges (and free entry for up to two guests or immediate family members) and Delta SkyClub lounges (when you fly with them) can be huge for those who frequent them. In addition, having complimentary gold hotel status with Hilton and SPG (and now Marriott) is a nice perk that’s afforded me several upgrades. Thus, if you’re concerned primarily about lounge access and will actually frequent Centurion and Delta lounges, the Platinum card might be better suited for you to hold on to in the long-term.
I’m still awaiting confirmation of the guest policy of the Priority Pass with the Reserve. Early indications are that guests will be allowed subject to the discretion of the lounge. (I will update when facts emerge.)
Update: It’s now confirmed that the Sapphire Reserve Priority Pass access allows complimentary access to you and the guests in your “travel party.” Which means all the guests accompanying you can enter subject to availability and the rules of the lounge (some lounges restrict guest access to always try to check ahead of time).
The Sapphire Reserve stands out for its $300 travel credit. This travel credit can be applied to anything that falls under the travel category. This is extremely broad and makes it ridiculously easy to take advantage of the travel credit.
The Platinum, on the other hand, limits this travel credit to incidentals for one single domestic airline. While there are easy ways to get around this with gift cards or through the MPX app , for many people it still doesn’t compare to the ease and breadth of the Sapphire Reserve travel credit (not to mention it’s $100 more).
The travel credit on expensive credit cards like these is important because it allows you to offset the annual fee making what you effectively pay for the card much more reasonable. In this case, you’re essentially paying $150 for the Sapphire Reserve and $250 for the Platinum, making the Reserve a better card to hold onto it the long term for people primarily concerned with paying the lowest annual fee possible.
The Platinum earns 5X on purchases made directly with an airline and 1.5X on purchases of $5,000 or more, but the Sapphire Reserve earns 3X on dining and travel. The 1.5X on huge purchases probably doesn’t mean much to most consumers and you can always pair the Reserve with the (no annual fee) Freedom Unlimited and earn 1.5X on all purchases, so it’s not a huge win for the Platinum there.
The 5X on airfare can be nice but it still won’t be worth it to ditch the Reserve’s 3X on travel for a lot of people (see my article here on keeping both the Sapphire Reserve and the Platinum).
Overall, the Reserve’s 3X on dining and travel huge for people like myself who spend well over $3,000 each year in dining and travel. That’s because it only takes about that amount of spending to make it worth keeping the Sapphire Reserve over the Sapphire Preferred. Furthermore, these bonus earnings just bring even more value to the Reserve that the Platinum card simply can’t compete with. Thus, based on your spending habits, the bonus categories alone can make the Reserve the more economical option over the Platinum in the long-run.
The Platinum card requires you to pay a flat fee of $175 to add an authorized user but allows up to three to be added for that price, while the Reserve requires you to pay $75 for each authorized user. The authorized users receive the key benefits like lounge access, status, etc. This means that if you just want to add one authorized user the Reserve will save you $100 but if you’re going to add 3, you’ll be paying more out of pocket with the Reserve ($225) than you would with the Platinum ($175).
Both cards offer great protections for purchases but the Reserve definitely trumps the Platinum overall. First, the primary rental car coverage is a huge point in favor of the Reserve. Second, the Platinum doesn’t even offer complimentary travel/baggage delay protection. Also, when you run down the list of other travel/purchase protections the Reserve wins in just about everything except for extended warranty coverage.
The Reserve outshines the Platinum Card in almost every category. I really think that that only reason to hold onto the Platinum over the Reserve is if you’re going to get your money’s worth out of frequent visits to Centurion lounges or Delta lounges. Otherwise, the Sapphire Reserve is the better option almost all the way across the board. With that said, if you can swing a 100K bonus for both of these cards, I think it’s worth to get them both but maybe only hold on to the Reserve for the long-term.