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

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

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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.
  • See Rates & Fees
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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

50,000 points after spending $4,000 in the first 3 months

60,000 points after spending $5,000 in your first 3 months

Rewards
Rewards

3x points on dining and travel after earning your $300 travel credit and 1x points on all other purchases

5x points on directly-booked flights or on flights and hotels on Amex Travel. 1x points on all other purchases

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

18.99% to 25.99% variable

None (Charge Card)

Annual fee
Annual fee $450 $550
Balance transfers
Balance transfers APR: 18.99% to 25.99% 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

APR: 26.99% variable

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

Foreign transaction fee
Foreign transaction fee None None
Late payment fee
Late payment fee Up to $39 Up to $39
Additional cardholder fee
Additional cardholder fee $75 $175
Interest-free period
Interest-free period 21 days None
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 Rewards Annual fee Filter values
75,000 points after spending $1,000 in the first 3 months
7x points on Hilton Honors purchases, 5x at US restaurants, US supermarkets and US gas stations, 3x on all other purchases
$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
20,000 miles after spending $1,000 in the first 3 months
1.25x miles on all purchases and 10x miles at hotels.com/venture
$0
Earn 20,000 bonus miles once you spend $1,000 on purchases within the first 3 months from account opening.
N/A
1x points on all purchases with 2% point value when you redeem for airfare and 1.5% for cash back
$495
Receive an annual $100 air travel credit toward flight-related purchases including airline tickets, baggage fees, upgrades and more.
60,000 miles after spending $2,000 in the first 3 months, plus $50 when you make a Delta purchase in the same timeframe
2x miles on Delta purchases and 1x miles on all other purchases
$0 intro annual fee for the first year ($95 thereafter)
Earn 60,000 miles after spending $2,000 in the first 3 months, plus $50 when you make a direct Delta purchase in the same timeframe. Rates & fees
50,000 bonus miles after spending $3,000 in the first 3 months
2x miles on all purchases and 10x miles at hotels.com/venture
$0 intro annual fee for the first year ($95 thereafter)
Earn 50,000 bonus miles after spending $3,000 on purchases within the first 3 months from account opening.

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