As with many debates, the answer is, “It depends.” Consider what purchases you will make with the card, how you will redeem your points and which benefits you will use.
The Chase Sapphire Preferred has a $95 annual fee but offers a $50 annual hotel credit when you book through Chase Travel℠. Meanwhile, the Chase Sapphire Reserve has a $550 annual fee but offers a $300 annual travel credit, access to Chase Sapphire Lounges and Priority Pass Select membership.
Both cards offer bonus points on travel and dining, although the Chase Sapphire Reserve earns slightly more points on some travel purchases. With both cards, you can transfer Chase Ultimate Rewards points to select airline and hotel partners at a 1:1 ratio.
However, if you plan to redeem points through Chase Travel, the Chase Sapphire Reserve offers a higher redemption rate of 1.5 cents per point, while the Chase Sapphire Preferred only offers 1.25 cents per point.
Both cards currently offer an elevated sign-up bonus of 75,000 bonus points when you spend $4,000 on purchases in the first three months. However, you can only have one of these cards, so it’s critical to determine which is best for you.
If you are still uncertain, here are some stories that may help you decide:
Posts in this newsletter contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products, and this may impact how or where they appear. For an explanation of our Advertising Policy, visit this page.
Photo Credit: .
TOGETHER WITH
Extraordinary trips. Zero planning.
Planning an international trip takes a minimum of 40 hours on average. Let our team do the work for you. We’ll match you with a local expert to curate a unique, once-in-a-lifetime experience. Save your time and take a next-level journey Elsewhere.
On a recent Delta flight, TPG senior writer Tarah Chieffi's laptop was accidentally destroyed by another traveler — here's what you can do to protect your belongings.
You are receiving this email because you opted in atthepointsguy.com.
Where to find us:
The Points Guy 100 5th Ave., 16th Floor New York, NY 10011 USA USA
If this newsletter was forwarded to you, you can subscribe here.
Advertiser Disclosure:
The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don’t cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Please view our advertising policy and product review methodology for more information.
Editorial Note: Opinions expressed here are the 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.
