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TPG reader Mark tweeted me to ask about his rewards card strategy:

@thepointsguy– “I currently have an American Express Platinum card and a Delta Amex Gold, which are the only cards I carry. Should I swap out the Delta Gold card for a Chase Sapphire Preferred, since I’m not flying Delta as much?”

Mark, what you’re suggesting is a great idea. I would definitely swap out your Gold Delta SkyMiles Credit Cards from American Express for the Chase Sapphire Preferred card, which I think is a much better complement to your The Platinum Card from American Express. You should only use the Delta card if you’re getting value out of its perks (like free checked bags). Delta SkyMiles are currently among the least valuable frequent flyer miles, and every time you use this card, you’re missing the opportunity to earn more valuable points or miles from a different card (like Ultimate Rewards points from the Sapphire Preferred).

While spending on the Delta card can help you avoid the revenue requirements for earning elite status, in general the Chase Sapphire Preferred card is much more lucrative. It’s also nice to have a Visa card in addition to your Amex Platinum in case you end up somewhere that doesn’t accept American Express.

Having both a Visa card and an Amex card is a good idea. Image courtesy of Shutterstock.

Plus, the Sapphire Preferred Card currently offers a lot of valuable perks, including a sign-up bonus of 50,000 Ultimate Rewards points after spending $4,000 within the first 3 months, and 5,000 points when you add an authorized user and make a purchase. You’ll earn 2X points per dollar spent on dining and travel, and the card has no foreign transaction fees.

The annual fee of $95 is waived for the first year, so I think getting the Sapphire Preferred is really a no-brainer, as the bonus alone can easily get you over $500 in travel value. You can always keep the Delta Gold as well if you value the perks, but in general, I would diversify by keeping your Amex Platinum and getting the Chase Sapphire Preferred.

If you have any other questions, please tweet me @thepointsguy, message me on Facebook, or send me an email at

Chase Sapphire Preferred® Card

Even after the introduction of the Chase Sapphire Reserve, the Chase Sapphire Preferred is still a fantastic choice if you want to avoid the Reserve’s $450 annual fee, earn 2x on all travel & dining and earn a 50,000 point sign up bonus.

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More Things to Know
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
Intro APR
Regular APR
16.49% - 23.49% Variable
Annual Fee
Introductory Annual Fee of $0 the first year, then $95
Balance Transfer
Recommended Credit
Excellent Credit

Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.