Chase Sapphire Reserve Vs Preferred Vs Amex Platinum

Cnbc select examines the pros and cons of each card so you can decide what s.

Chase sapphire reserve vs preferred vs amex platinum.

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. Additional terms and conditions apply but the chase sapphire reserve offers the better coverage. The chase sapphire reserve provides primary car rental coverage while the amex platinum card offers secondary coverage. However the number of partners themselves should not be the only factor at play here.

Best for card benefits. Keep in mind that while the amex platinum has more airline partners only the chase sapphire reserve offers a 1 1 transfer ratio with all partners. The amex platinum card on the other hand is loaded with valuable credits and perks that can be difficult to use. The citi prestige card also gets you five points per 1 at restaurants.

Secondary coverage means that you must first file a claim with your own auto insurance before coverage kicks in. 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. With the chase sapphire reserve you can earn three points per 1 spent on restaurant dining around the world. The american express platinum card and chase sapphire reserve are two luxury travel cards with steep 550 annual fees.

Along with priority pass select. If you opt for the platinum be sure to check the transfer ratio with your desired airline or hotel partner. The platinum card from american express on the other hand may only get you one point per 1 at restaurants. The chase sapphire reserve for instance has more flexible benefits that are easy for most cardholders to take advantage of.