Though the introductory bonuses on the american express platinum and chase sapphire preferred cards look the same the preferred awards more value in the first few months a big plus for cardholders looking for a quick infusion of rewards.
Chase sapphire reserve vs preferred vs amex platinum.
The chase sapphire reserve for instance has more flexible benefits that are easy for most cardholders to take advantage of.
In determining which card is right for you an important difference to note is that the amex platinum earns amex membership rewards points which can be transferred to 22 transfer partners while the chase sapphire reserve earns chase ultimate rewards points which can be transferred to 13 transfer partners.
If you opt for the platinum be sure to check the transfer ratio with your desired airline or hotel partner.
The american express platinum card and chase sapphire reserve are two luxury travel cards with steep 550 annual fees.
However the number of partners themselves should not be the only factor at play here.
The amex platinum card on the other hand is loaded with valuable credits and perks that can be difficult to use.
Cnbc select examines the pros and cons of each card so you can decide what s.
Best for card benefits.
Secondary coverage means that you must first file a claim with your own auto insurance before coverage kicks in.
The platinum card from american express on the other hand may only get you one point per 1 at restaurants.
The citi prestige card also gets you five points per 1 at restaurants.
The chase sapphire reserve and the the platinum card from american express are two of the most popular premium credit cards.
Along with priority pass select.
Chase sapphire reserve cardholders can register for priority pass select which gets the cardholder plus two free guests into over 1 200 airport lounges worldwide.
Additional terms and conditions apply but the chase sapphire reserve offers the better coverage.
Both cards come with benefits and rewards that can more than make.