Chase Sapphire Reserve vs. American Express Platinum Card | finder.com

Chase Sapphire Reserve® vs. The Platinum Card® from American Express

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Which of these high-end travel cards can offer you the most advantageous perks for your spending?

Our pick: The Platinum Card® from American Express

  • Earn 60,000 Membership Rewards® points after you use your new card to make $5,000 in purchases in your first 3 months.
  • Enjoy Uber VIP status and free rides in the U.S. up to $15 each month, plus a bonus $20 in December. That can be up to $200 in annual Uber savings.
  • 5x Membership Rewards® points on flights booked directly with airlines or with American Express Travel.
  • 5x Membership Rewards points on prepaid hotels booked on amextravel.com.
  • Enjoy access to the Global Lounge Collection, the only credit card airport lounge access program that includes proprietary lounge locations around the world.
  • Receive complimentary benefits with an average total value of $550 with Fine Hotels & Resorts. Learn more.
  • $200 airline fee credit, up to $200 per calendar year in baggage fees and more at one qualifying airline.
  • Get up to $100 in statement credits annually for purchases at Saks Fifth Avenue on your Platinum Card®. Enrollment required.
  • $550 annual fee.
  • Terms apply.
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If elite travel rewards credit cards had an awards show, the Chase Sapphire Reserve® and The Platinum Card® from American Express would definitely be seen on the red carpet. This is because both cards come with travel insurance, no foreign transaction fees and a slew of perks that would please any worldly spender.

But, one of the main factors that separates the two is that The Platinum Card® from American Express is a charge card — meaning the balance needs to be paid in full each month.

Chase Sapphire Reserve®

Chase Sapphire Reserve®

The Platinum Card® from American Express

The Platinum Card® from American Express

finder.com's rating
finder.com's rating

★★★★★

4.6 / 5.0

★★★★★

4.4 / 5.0
Best for
Best for
  • Incredible signup bonus and premium travel perks
  • Excellent travel rewards
Welcome offer
Welcome offer Earn 50,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening - that's $750 toward travel when you redeem through Chase Ultimate Rewards®. 60,000 Membership Rewards® points after you use your new card to make $5,000 in purchases in your first 3 months.
Rewards
Rewards

Earn 3x points on dining and on travel after you've earned your $300 travel credit. Earn 1x points on all other purchases.

Earn 5x points on flights booked with airlines directly or flights and hotels booked through American Express Travel. Earn 1x points on all other eligible purchases.

Purchase APR (annual percentage rate)
Purchase APR (annual percentage rate)

17.99% to 24.99% variable

Not a feature of a charge card
Annual fee
Annual fee $450 $550
Balance transfers
Balance transfers

APR: 17.99% to 24.99% variable

Fee: $5 or 5% of the transaction, whichever is greater

Not a feature of a charge card
Cash advance
Cash advance

APR: 26.99% variable

Fee: $10 or 5% of the transaction, whichever is greater

Not a feature of a charge card
Late payment fee
Late payment fee $37 $38
Additional cardholder fee
Additional cardholder fee $75 $175
Interest-free period
Interest-free period 21 days None
Minimum interest
Minimum interest $0
Minimum credit score
Minimum credit score 740 680
Card type
Card type Credit Charge
Rates and Fees
Rates and Fees Rates & Fees Rates & Fees
Learn more
Learn more

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Which card should you choose?

Chase Sapphire Reserve®

Chase Sapphire Reserve®

  • Incredible signup bonus
  • Rewards for spending on travel and dining
  • Extra point value when redeeming through Chase Ultimate Rewards
  • Annual travel credit

The Chase Sapphire Reserve® is going to rack up points for frequent travelers who like to eat out often with its 3x points on dining and travel purchases — that's hotels, restaurants, airfare, trains and taxis. You'll receive a $100 credit every four years toward a Global Entry or TSA PreCheck application fee. The card also allows you to relax in comfort at more than 1,000 airport lounges around the world with its complimentary Priority Pass Select membership. You'll even be eligible for travel upgrades and perks via The Luxury Hotel & Resort Collection.

The Platinum Card® from American Express

The Platinum Card® from American Express

  • $200 airline fee credit
  • $100 credit for Global Entry or TSA PreCheck
  • $200 in credits for Uber each year

While the annual fee of $550 is steep, if you can take advantage of all of the priceless perks and the 1x Membership Rewards® points on eligible purchases, you'll find the Platinum Card® from American Express is worth your while. You'll also get Gold status in both the Hilton Honors and Starwood Preferred Guest (SPG) programs. And when you're waiting to fly, you can enjoy over 1,100 airport lounges that are a part of the American Express Global Lounge Collection. You'll also have flexibility to redeem your Membership Rewards® points with over 500 partner brands or participating frequent flier programs.

What’s next?

The cardholder perks on the Chase Sapphire Reserve® and The Platinum Card® from American Express are nothing to sneeze at, but it’s ultimately up to you if either top-tier card is a match for your way of spending. If you’re sure that the rewards are worth the annual fee for whichever card you’ve taken a liking to, you should apply today.

Otherwise, continue to compare credit cards until you come across the one that you’re absolutely sure of. With so many unique credit cards out there, you should be able to find the perfect piece of plastic with the help of our head-to-head comparisons.

Compare travel credit cards

Name Product Welcome Offer Reward Value per Dollar APR (Annual Percentage Rate) for Purchases Annual Fee
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®
1x points
17.99% to 24.99% variable
$0 annual fee for the first year ($95 thereafter)
Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months.
Earn 50,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening - that's $750 toward travel when you redeem through Chase Ultimate Rewards®.
1x points
17.99% to 24.99% variable
$450
Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months.
30,000 bonus miles after spending $1,000 in purchases on your new card in your first 3 months and a $50 statement credit after you make a Delta purchase with your new card within your first 3 months.
1x miles
17.99% to 26.99% variable
$0 annual fee for the first year ($95 thereafter)
30,000 bonus miles after you use your new card to make $1,000 on purchases within the first 3 months. Rates & Fees
75,000 Hilton Honors Bonus Points with the Hilton Honors American Express Card after you use your new card to make $1,000 in eligible purchases within the first 3 months of card membership.
3x points
17.99% to 26.99% variable
$0
Earn 75,000 Hilton Honors™ Bonus Points after you spend $1,000 in purchases on the card within your first 3 months of card membership. Rates & Fees
35,000 Membership Rewards® Points after you spend $2,000 on eligible purchases with your new card within the first 3 months.
1x points
See Rates & Fees
$250
35,000 bonus Membership Rewards® Points when you spend $2,000 in the first 3 months Rates & Fees
Enjoy 70,000 bonus miles after spending $5,000 on purchases in the first 90 days
2x miles
18.24%, 22.24% or 25.24% variable
$0 annual fee for the first year ($89 thereafter)
Enjoy 70,000 bonus miles after spending $5,000 on purchases in the first 90 days.
60,000 Membership Rewards® points after you use your new card to make $5,000 in purchases in your first 3 months.
1x points
None (Charge Card)
$550
Get 5x Membership Rewards® points on flights booked directly with airlines or with American Express Travel and 5x points on eligible hotels booked on amextravel.com. Rates & Fees
125,000 Hilton Honors Bonus Points with the Hilton Honors American Express Ascend Card after you use your new card to make $2,000 in eligible purchases within the first 3 months of card membership.
3x points
17.99% to 26.99% variable
$95
Earn 125,000 Hilton Honors™ Bonus Points after you spend $2,000 or more in purchases with your new card within the first 3 months of card membership. Rates & Fees
10,000 bonus miles after spending $500 in purchases on your new card in your first 3 months.
1x miles
17.99% to 26.99% variable
$0
Earn 10,000 bonus miles after spending $500 in purchases on your new card in your first 3 months of card membership. Rates & Fees
75,000 bonus points after you use your new card to make $3,000 in purchases within the first 3 months.
2x points
17.99% to 26.99% variable
$0 annual fee for the first year ($95 thereafter)
75,000 bonus points after you use your new card to make $3,000 in purchases within the first 3 months from account opening. Rates & Fees
1x points
17.24% variable
$195
Enjoy unique excursions, privileged access to exclusive events and insider opportunities.
1x points
17.24% variable
$495
Receive an annual $100 air travel credit toward flight-related purchases including airline tickets, baggage fees, upgrades and more.
1x points
17.24% variable
$995
Earn 1x points when redeemed for airfare through the Luxury rewards program.

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Kyle Morgan

Kyle Morgan is a producer for finder.com who has worked for the USA Today network and Relix magazine, among other publications. He can be found writing about everything from the latest car loan stats to tips on saving money when traveling overseas. He lives in Asbury Park, where he loves exploring new places and sipping on hoppy beer. Oh, and he doesn't discriminate against buffalo wings — grilled or fried are just fine.

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