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JP Morgan Reserve Card vs. The Platinum Card® from American Express

Two premium credit cards for traveling in style.

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These two premium cards differ in many ways. The JP Morgan Reserve Card is an invitation-only card with a $595 annual fee, a solid welcome offer and 3x points on travel and dining. The Platinum Card® from American Express, on the other hand, comes with a $550 annual fee, a generous welcome offer and from January 2021, 5x points on flights and hotels booked through Amex Travel on up to $500,000 annually, reverting to 1x points after and on everything else.

Learn more about these cards’ features in the table below.

JP Morgan Reserve Card

JP Morgan Reserve Card

Rates & Fees

The Platinum Card® from American Express

The Platinum Card® from American Express

Rates & Fees

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★★★★★

4.4 / 5.0
Best for
Best for
  • An invitation-only status symbol
  • Excellent travel rewards
Welcome offer
Welcome offer

$300 annual travel credit

75,000 points after spending $5,000 in your first 6 months, plus 10x points at US gas stations and US supermarkets on up to $15,000 in combined purchases in the same timeframe

Rewards
Rewards

3x points on travel and dining

10x points at US gas stations and US supermarkets on up to $15,000 combined in the first 6 months, 5x points on directly-booked flights or on flights and hotels on Amex Travel. 1x points on all other purchases. Starting January 1, 2021, your 5x points on flights will be capped on up to $500,000 annually (then 1x points).

Purchase APR
Purchase APR

See issuer's website

See rates & fees

Annual fee
Annual fee $595 $550
Balance transfer APR
Balance transfer APR

N/A

See rates & fees
Cash advance
Cash advance N/A

APR: 25.24% 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 $40
Additional cardholder fee
Additional cardholder fee $175
Interest-free period
Interest-free period None 25 days
Minimum credit score
Minimum credit score N/A 670
Card type
Card type Credit Other
Learn more
Learn more

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Summary of card features

JP Morgan Reserve Card

JP Morgan Reserve Card

  • Invitation-only card for high-net-worth cardholders
  • Unique brass and palladium construction
  • Flexible point redemption
  • Annual travel credit

The Platinum Card® from American Express

The Platinum Card® from American Express

  • Membership reward points. Earn 5x points on flights and prepaid hotels booked directly through Amex Travel. Starting January 1, 2021, your 5x points on flights will be capped on up to $500,000 annually (then 1x points).
  • You can use your points toward gift cards, travel rewards, statement credit and more. If you redeem these points for the highest valued rewards, you'll get 10% back. On all other eligible purchases, you'll earn 1x points.
  • Welcome offer. Get 75,000 membership rewards points after you spend $5,000 on purchases in the first 6 months of card membership. You'll also earn 10x points at US gas stations and US supermarkets on up to $15,000 in combined purchases for the first 6 months. These two welcome offers combined can earn you up to $4,500 worth of rewards when transferred to travel partners.
  • Airline fee credit. Select a qualifying airline and receive a $200 airline fee credit each year to cover incidental charges, such as checked bags or in-flight purchases.

Compare credit cards

%
Name Product Amount saved Balance transfer APR Balance transfer fee Recommended minimum credit score Filter values
CardMatch™ from creditcards.com
See issuer's website
300
Use the CardMatch tool to find cards you're likely to qualify for with your credit score, without a hard pull on your credit.
TD Cash Credit Card
0% intro for the first 15 months (then 12.99%, 17.99% or 22.99% variable)
$5 or 3% of the transaction, whichever is greater
680
3% on dining and 2% on groceries make this a valuable card for food purchases. Use it while traveling, too, with no foreign transaction fees. Available in: CT, DC, DE, FL, MA, MD, ME, NC, NH, NJ, NY, PA, RI, SC, VA, VT
U.S. Bank Visa® Platinum Card
0% intro for the first 20 months (then 13.99% to 23.99% variable)
$5 or 3% of the transaction, whichever is greater
740
0% intro APR on purchases and balance transfers for the first 20 months from account opening.
Wells Fargo Platinum Card
0% intro for the first 18 months (then 15.49% to 24.99% variable)
Intro fee of $5 or 3%, whichever is greater, for 120 days from account opening, then $5 or 5%
670
Enjoy a 18 months intro APR period on purchases and balance transfers.
USAA® Rate Advantage Visa Platinum® Card
6.9% to 23.9% variable
3%
670
Enjoy USAA's lowest rate card. Pay no annual fee, no penalty APR and no foreign transaction fee.
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Name Product Filter values Rewards Purchase APR Annual fee
Blue Cash Preferred® Card from American Express
6% on select US streaming services, 3% on transit and US gas stations, 6% at US supermarkets on up to $6,000 annually, then 1% after that and on all other purchases
0% intro for the first 12 months (then 13.99% to 23.99% variable)
$0 intro annual fee for the first year ($95 thereafter)
Perfect for families: Get up to 6% on everyday purchases and a welcome offer worth $300. This heavy-hitter rewards card has uncontested value. Rates & fees
Blue Cash Everyday® Card from American Express
20% at Amazon.com up to $200 back in the first 6 months, 2% at US gas stations and select US department stores, 3% at US supermarkets on up to $6,000 per year, then 1% after that and on all other purchases
0% intro for the first 15 months (then 13.99% to 23.99% variable)
$0
This everyday cashback card is ideal for Black Friday and holiday shopping with 20% back at Amazon.com up to $200 back in the first 6 months. Rates & fees
Chase Freedom Flex℠
5% back in rotating categories up to $1,500 combined each activated quarter (then 1%), 5% on travel purchased through Chase, 3% on dining and drugstores, and 1% on all other purchases
0% intro for the first 15 months (then 14.99% to 23.74% variable)
$0
Get up to 5% cashback in rotating and newly added everyday categories. The refreshed Freedom Flex card has lots of earning potential.
Chase Sapphire Preferred® Card
5x points on Lyft, 2x points on travel and dining and 1x points on all other purchases
15.99% to 22.99% variable
$95
Earn a signup bonus worth $750 with this popular travel card. Combine with other Chase Ultimate Rewards cards for even greater value.
Citi® Double Cash Card
Up to 2% cash back on purchases (1% when you buy plus 1% as you pay)
13.99% to 23.99% variable
$0
Earn up to 2% on every purchase with no annual fee. This is the highest flat-rate cashback card on the market.
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