Chase Sapphire Reserve vs AMEX Platinum

Both the Chase Sapphire Reserve and the American Express Platinum are premium credit cards that cater to frequent travelers and those that seek luxury perks. Below you will find a comparison of the benefits of each card:

Annual Fee: $550

Sign-Up Bonus: 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. This is only available to you if you do not have a Sapphire card and have not received a new cardmember bonus for any Sapphire card in the past 48 months.

Partnership Benefits:

• Lyft Pink: Get 2 complimentary years of Lyft Pink All Access when activated by Dec. 31, 2024 —a value of $199/year. This includes 10% off Lux rides, free Priority Pickup upgrades discounts on bikeshare and more. Membership auto-renews. You'll also earn 10x total points on Lyft rides through March 2025.

• DoorDash DashPass Subscription: Get a complimentary access to DashPass - a membership for both DoorDash and Caviar —a value of $120 for 12 months - which unlocks $0 delivery fees and lower service fees on eligible orders for a minimum of 12 months when you activate by Dec 31, 2024.

• Monthly DoorDash Credit: Get $5 in DoorDash credits each month through Dec 31, 2024, redeemed at checkout.

• Instacart Membership: Have your groceries delivered to your doorstep with 1 year of complimentary Instacart+ —a value of $99/year. Must activate by July 31, 2024. Membership auto-renews at applicable annual rate.

• Monthly Instacart Credit: Instacart+ members earn up to $15 in statement credits each month through July 2024.

• Priority Pass Select Membership: Enjoy a complimentary Priority Pass Select membership at 1,300+ VIP airport lounges worldwide —a value of $469/year.*

• Luxury Hotel & Resort Collection: Upgrade your next getaway with The Luxury Hotel & Resort CollectionSM with room upgrades, complimentary daily breakfast, late checkout and a special benefit worth up to $100.*

• 10x on Peloton Purchases: Earn 10x total points on Peloton equipment and accessory purchases over $150 through March 31, 2025. That's $150 when you purchase a Peloton Bike and redeem for cash.

$300 Annual Travel Credit: Take advantage of the most flexible travel credit available by receiving up to $300 in statement credit reimbursements each anniversary year for more of your travel purchases than any other card.

Global Entry or TSA PreCheck® or NEXUS Fee Credit: Receive one statement credit of up to $100 every four years as reimbursement for the application fee charged to your card.* Opens offer details overlay

Earn 5x total points on flights when you purchase travel through Chase Ultimate Rewards® after the first $300 is spent on travel purchases annually.

Earn 10x total points on hotels (excluding The Luxury Hotel & Resort Collection) and car rentals when you purchase travel through Chase after the first $300 is spent on travel purchases annually.

Earn 3x points on dining at restaurants, including eligible delivery services, takeout, and dining out. Plus earn 3x points on other travel worldwide after the first $300 is spent on travel purchases annually.

Earn 10x total points on Chase Dining purchases with Ultimate Rewards®.

Get 50% more value when you redeem points for travel through Chase. For example, 60,000 points are worth $900 toward travel.

Annual Fee: $695

Sign-Up Bonus: 80,000 Membership Rewards® points after you spend $8,000 on purchases on your new Card in your first 6 months of Card Membership.

Partnership Benefits:

• $200 Uber Cash: Platinum Card® Members get $15 in Uber Cash1 to use on eligible orders with Uber Eats and rides with Uber in the US each month, plus a bonus $20 in December. That can be up to $200 in annual Uber savings. Plus, enjoy Uber's safety features – like the Door-to-Door Safety Standard. Simply download the Uber app and add your Platinum Card® to your Uber account to get started.

• $100 Annual Saks Credit: Shop Saks With Platinum and get up to $100 in statement credits annually for purchases at Saks Fifth Avenue or saks.com on your Platinum Card. That’s up to $50 in statement credits from January through June and up to $50 in statement credits from July through December. No minimum purchase required.

• $155 Walmart+ Credit: Walmart+ members enjoy shopping perks –both online and in-store –at Walmart. Use your Platinum Card to pay for a monthly Walmart+ membership (subject to auto-renewal) and receive a statement credit that covers the full cost each month. Subscription is currently $12.95 plus applicable local sales tax monthly. Plus Ups are not eligible.

• $300 Equinox Credit: Experience Equinox membership however you want. Choose between an Equinox+ subscription with live and on-demand classes or an Equinox club membership and receive up to $300 in statement credits per calendar year when you use your Platinum Card® (membership subject to auto-renewal).

• American Express Global Lounge Collection®: With the American Express Global Lounge Collection® get access to plenty, including Centurion lounges, Delta lounges, and 1,400+ additional airport lounges via Priority Pass Select in over 500 airports around the world. Whether you’re looking for a place to rest and recharge or somewhere to catch up on work, you’ll be able to enjoy their growing network of lounges in 140 countries and counting.

• Fine Hotels + Resorts and The Hotel Collection: Get more when you get away. Pick from thousands of hotels or start your search with our curated collections Fine Hotels + Resorts® and The Hotel Collection, where you’ll enjoy added benefits to enhance your stay. Benefits include a $100 Property Credit per stay, room upgrade at arrival (when available), and more.

• Hilton Honors Gold Status

• Marriott Bonvoy Gold Elite Status

$200 Hotel Credit: Get up to $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection1 bookings through American Express Travel using your Platinum Card®. The Hotel Collection requires a minimum two-night stay.

$200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees are charged by the airline to your Card or any of the Additional Cards on your Platinum Card account.

$189 CLEAR Plus Credit: CLEAR® uses unique attributes, such as eyes or fingerprints, to digitally verify identity to help its members move faster through security at select airports nationwide. You can cover the cost of a CLEAR Plus Membership1 with up to $189 in statement credits per calendar year after you pay for CLEAR Plus with your Platinum Card.

Earn 5X Membership Rewards® Points on up to $500,000 per calendar year on flights booked directly with airlines or through American Express Travel via amextravel.com or by calling 1-800-525-3355.

Earn 5X Membership Rewards® Points on eligible prepaid hotels booked at amextravel.com or by calling 1-800-525-3355, including Fine Hotel and Resort and The Hotel Collection properties.

Redeem Membership Rewards Points 100:1 when booking air via the amextravel.com website or by calling 1-800-525-3355.

Global Dining Access by Resy: Global Dining Access by Resy gives you special access to sought-after restaurants across the globe (i.e. Tatiana, 4 Charles, Carbone) when you add your Platinum Card® to your Resy profile or call Centurion Membership Services. Access to Exclusive reservations, premium dining experiences, Priority Notify, and more, all from Resy.com or the Resy iOS app.

Premium Car Rental Protection: When you use your enrolled Card to pay for rental charges for a Rental Car, you can enjoy primary coverage for Theft of or Damage to a rental vehicle and excess medical coverage if you are injured in an accident. Fees, coverage limits and coverage areas apply. Please read important exclusions and restrictions. Not all vehicle types or rentals are covered. Refer to your description of coverage for a complete list of excluded vehicles. This product does not include liability coverage.

Earn 1X Membership Rewards® Points on all other purchases where bonuses do no apply.

While the Chase Sapphire Reserve may be more appealing for those who value flexible redemption options, a less expensive annual fee, and desire to maximize points through the Ultimate Rewards program, the American Express Platinum is renowned for its extensive travel benefits, especially airport lounge access and premium hotel perks, and benefits that change to best serve American Express’ most premium customers.

Ultimately, the right card for you depends on your individual needs, spending habits, and travel benefit preferences.The choice between these two cards often comes down to personal preferences and the specific benefits that align with your travel and spending patterns. Whatever option you have in your wallet, we’d love to see how you best take advantage of your cardmember perks!