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Recently, TPG reader Jason tweeted me to ask:
@thepointsguy —”Which card would you recommend using for travel expenses: the Chase Sapphire Preferred card or the Citi Thank You Premier card?”
The Chase Sapphire Preferred card has been one of the top travel credit cards for a while now, as you can earn 2X points on travel and dining at restaurants. (However, be aware that “travel” doesn’t include gas.) You can also get 50,000 points after you spend $4,000 on purchases in the first 3 months with the $95 annual fee waived first year.
However, it’s good to know that the Citi Thank You Premier card has just changed in order to nip at Chase’s business, and now allows you to earn 3 ThankYou Points per $1 spent on travel — including gas. You can also get 50,000 points after spending $3,000 within first 3 months with the $95 annual fee waived first year, and you earn 2 ThankYou Points per $1 spent on dining and entertainment. The Sapphire Preferred doesn’t offer any bonus points for the entertainment category.
However, not all miles and points are created equally, and that’s precisely why we do our monthly valuation series. Three ThankYou points are worth about 4.8 cents in value, while two Chase Ultimate Reward points would be 4.2 cents; right off the bat it would seem like a good deal to get the 3X bonus categories and earn more points by going with Citi.
However, Citi transfer partners are not nearly as diverse as Chase partners. Here’s what I mean:
Airlines: British Airways, Korean Air, Singapore Airlines, Southwest Airlines, United Airlines, Virgin Atlantic
Hotels: Hyatt Gold Passport, IHG Rewards Club, Marriott Rewards, Ritz-Carlton Rewards
Airlines: Qantas, Virgin Atlantic, Flying Blue (Air France, KLM), Cathay Pacific, Etihad Airways, EVA Air, Garuda Indonesia, Malaysia Airlines, Qatar Airways, Singapore Airlines, Thai Airways
Hotels: Hilton HHonors
I love that Ultimate Rewards transfers to Southwest, United and Hyatt. Citi ThankYou partners seem to be less useful, because they don’t have any US-based airline partners and Hilton is the only hotel partner. There’s definitely value there, but I think Chase Ultimate Rewards points are even more valuable.
What I’d recommend is using both cards and earning points in both programs. A nice balance would be to use the Citi Premier for gas purchases and entertainment purchases, and then use the Chase Sapphire Preferred for all other travel and dining —this is the mix I typically use to earn as many points as possible on each. If I absolutely had to pick one, I’d go with Chase Sapphire Preferred; whereas the Citi Premier offers a great sign-up bonus and category spend bonuses, I feel the Chase Sapphire Preferred still has the edge because I value their transfer partners more. It’s all about having options!
With some great bonus categories, the American Express Gold Card has a lot going for it. The card offers 4x points at US restaurants, at US supermarkets (up to $25,000; then 1x), and 3x points on flights booked directly with airlines or through amextravel.com. It is currently offering a welcome bonus of 35,000 bonus points after you spend $2,000 in the first three months.
- Earn 35,000 Membership Rewards® Points after you spend $2,000 on eligible purchases with your new Card within the first 3 months.
- Earn 4X Membership Rewards® points at U.S. restaurants. Earn 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 per year in purchases, then 1X).
- Earn 3X Membership Rewards® points on flights booked directly with airlines or on amextravel.com.
- Earn up to $10 in statement credits monthly when you pay with The Gold Card at Grubhub, Seamless, The Cheesecake Factory, Shake Shack, and Ruth's Chris Steak House. This is an annual savings of up to $120. Enrollment required.
- $100 Airline Fee Credit: up to $100 in statement credits per calendar year for incidental fees at one selected qualifying airline.
- Choose to carry a balance with interest on eligible charges of $100 or more.
- No Foreign Transaction Fees.
- Annual Fee is $250.
- Terms apply.
- See Rates & Fees