Here’s a snapshot of current bonuses for the Chase Sapphire Reserve and the Amex Platinum Card. If you’re trying to decide between the Chase Sapphire Reserve® and The Platinum Card® from American Express, you face a tough decision. Both earn Chase Ultimate Rewards (UR points). I heard it's not as good as it used to be. If you want to s… Since arriving on the scene in summer 2016, the Chase Sapphire Reserve® card has taken the world by storm. Preferred: Ongoing Rewards. Also keep in mind that Chase Ultimate Reward points are worth 1.5 cents when used to book travel with the Chase Sapphire Reserve, versus the 1.25 cents that you get with the Chase Sapphire Preferred. If people are nickel and diming everything to squeeze out every penny, they’re not the ones that need to see this analysis, lol did you even read anything in the post? By using our Services or clicking I agree, you agree to our use of cookies. Conclusion: The Sapphire Preferred card never makes as much value back as the Freedom Unlimited or the Sapphire Reserve. *Note: Chase is offering some customers a $100 annual-fee creditbecause of travel liimite from the coronavirus outbreak. Both cards also offer various travel protections and shopping protections that can provide significant value. Chase Sapphire Reserve vs. Citi Prestige vs. Your Chase Sapphire Reserve account must be open and not in default to maintain subscription benefits. The comparison assumes a long term hold in ones wallet. For this, I'll assume all non-bonus spending is on the CFU, and those points will be transferred to the chosen Sapphire card. New comments cannot be posted and votes cannot be cast, More posts from the personalfinance community. The difference in percent is 2% higher, not 1.5%. The Chase Sapphire Preferred is aimed at the casual traveler, while the Chase Sapphire Reserve attempts to take the crown as the world’s most … However, if you transfer the UR points earned from the CFU to your CSR and redeem them using the UR Portal for travel, your 1500 UR points are now worth 15000*.015 = $225 in travel money. I see the Chase Sapphire Preferred (CSP) as a niche middle-ground between the better cash-back cards and the Chase Sapphire Reserve (CSP) or American Express Platinum. That should be an interesting one, although I can tell you it will very largely depend on one's ability to use the Amex credits. Are you "in the game" or "on the sidelines?" 10x on Lyft (through March 2022) 3x points on travel and dining. I use it for all of my company paid travels and earn points without actually spending money. I broke this down to $500/year in travel; $4,200/year in dining/bars; and $9,800 is miscellaneous items. Thanks in advance! 100,000 points after you spend $15,000 in the first three months of account opening. All discussion about the Chase Sapphire Reserve should go here. Hello there. level 1 2 years ago. (if this data is correct. I got the CSR back when they were doing the 100k point signup bonus, thinking I'd get the bonus, global entry, and the travel credit, then downgrade to a no-fee card. Follow us: Facebook; Instagram; Twitter; Youtube ; LinkedIn; Pinterest; We're here to help you manage your money today and tomorrow. You can always call and request an upgrade. The Chase Sapphire Reserve ® has a current sign-up bonus of 50,000 Chase Ultimate Reward points after spending $4,000 within the first three months. Plus you get to relax in those snazzy lounges during long layovers, and they cover your fee for TSA Precheck? Fly Southwest? All of those are definitely fair points, and my evaluation definitely reflects my personal situation (highly likely to be approved for the Reserve and frequent travel). Assuming I transfer the CFU points to my CSR, that's a total of $288. ._2cHgYGbfV9EZMSThqLt2tx{margin-bottom:16px;border-radius:4px}._3Q7WCNdCi77r0_CKPoDSFY{width:75%;height:24px}._2wgLWvNKnhoJX3DUVT_3F-,._3Q7WCNdCi77r0_CKPoDSFY{background:var(--newCommunityTheme-field);background-size:200%;margin-bottom:16px;border-radius:4px}._2wgLWvNKnhoJX3DUVT_3F-{width:100%;height:46px} The Chase Sapphire Reserve ® has a current sign-up bonus of 50,000 Chase Ultimate Reward points after spending $4,000 within the first three months. I've only been in the US a little over a year, I have decent credit score but a thin file history wise. ._33axOHPa8DzNnTmwzen-wO{display:block;padding:0 16px;width:100%}.isNotInButtons2020 ._33axOHPa8DzNnTmwzen-wO{font-size:14px;font-weight:700;letter-spacing:.5px;line-height:32px;text-transform:uppercase} But which one is right for you? 1x points on everything else. It adds stress worrying about whether or not I'm earning enough points, so I decided to turn here to look for something better. Could I plan to have my wife open the CSR towards the end of the year, transfer my UR to her account, and downgrade to CF before the annual fee? Does your chart factor in that you can double up on the CSR travel credit before canceling/downgrading such that it is net +$150 as compared to the CSP of -$95? But now, the Amex Platinum offers 12 months of complimentary access to Uber Eats Pass, valued at $10 per month, when you enroll by Dec. 31, 2021. ._9ZuQyDXhFth1qKJF4KNm8{padding:12px 12px 40px}._2iNJX36LR2tMHx_unzEkVM,._1JmnMJclrTwTPpAip5U_Hm{font-size:16px;font-weight:500;line-height:20px;color:var(--newCommunityTheme-bodyText);margin-bottom:40px;padding-top:4px}._306gA2lxjCHX44ssikUp3O{margin-bottom:32px}._1Omf6afKRpv3RKNCWjIyJ4{font-size:18px;font-weight:500;line-height:22px;border-bottom:2px solid var(--newCommunityTheme-line);color:var(--newCommunityTheme-bodyText);margin-bottom:8px;padding-bottom:8px}._2Ss7VGMX-UPKt9NhFRtgTz{margin-bottom:24px}._3vWu4F9B4X4Yc-Gm86-FMP{border-bottom:1px solid var(--newCommunityTheme-line);margin-bottom:8px;padding-bottom:2px}._3vWu4F9B4X4Yc-Gm86-FMP:last-of-type{border-bottom-width:0}._2qAEe8HGjtHsuKsHqNCa9u{font-size:14px;font-weight:500;line-height:18px;color:var(--newCommunityTheme-bodyText);padding-bottom:8px;padding-top:8px}.c5RWd-O3CYE-XSLdTyjtI{padding:8px 0}._3whORKuQps-WQpSceAyHuF{font-size:12px;font-weight:400;line-height:16px;color:var(--newCommunityTheme-actionIcon);margin-bottom:8px}._1Qk-ka6_CJz1fU3OUfeznu{margin-bottom:8px}._3ds8Wk2l32hr3hLddQshhG{font-weight:500}._1h0r6vtgOzgWtu-GNBO6Yb,._3ds8Wk2l32hr3hLddQshhG{font-size:12px;line-height:16px;color:var(--newCommunityTheme-actionIcon)}._1h0r6vtgOzgWtu-GNBO6Yb{font-weight:400}.horIoLCod23xkzt7MmTpC{font-size:12px;font-weight:400;line-height:16px;color:#ea0027}._33Iw1wpNZ-uhC05tWsB9xi{margin-top:24px}._2M7LQbQxH40ingJ9h9RslL{font-size:12px;font-weight:400;line-height:16px;color:var(--newCommunityTheme-actionIcon);margin-bottom:8px} If you’re a Chase Sapphire Reserve® cardholder, or are thinking of applying, you’ll want to know how you can take advantage of … How to upgrade from the Preferred to the Reserve. Chase Sapphire Preferred: $95 Annual fee. The Chase Sapphire Reserve annual fee is going up to $550 starting January 12, 2020, a $100 increase. Even better, they cover Global Entry, which comes with TSA Precheck. With the Chase Sapphire Reserve®, you can earn three points per $1 spent on restaurant dining around the world. Chase Sapphire Preferred - Refer-A-Friend - Chase.com. It's worth noting that "ideal" Chase point redemptions are done via transfers though, not just spending them on travel through the portal. I will show you how to get your 1st $550 annual fee waived in my Ultimate Military Credit Cards course The Amex Gold card is annual fee waived for military. Based on this evaluation, the CSP earns 2.5 cpp for each dollar spent on dining and travel, and the CSR earns 4.5 cpp for each dollar spent on dining and travel. Chase has been one of the most agile, shifting bonus categories and offering new ways to redeem points, particularly with travel-focused cards such as the Chase Sapphire Reserve and Chase Sapphire Preferred Card. Now, Chase is launching its latest points redemption offer. Now I'm just debating if I want to wait the 2 4 years after I got the Preferred card so that I can get another sign-on bonus, or just go ahead and upgrade. Trip Insurance and other luxuries of Visa Infinite cards. This analysis is for the majority. January 1, 2021 March 24, 2020 by Spencer. Currently have a BOA Premium rewards and Authroized user on AMEX Platinum business. Spending credits of Chase Sapphire Reserve® vs. Chase Sapphire Preferred® Card. Cookies help us deliver our Services. This is for all the high school kids complaining that they'll never use Algebra in the real world. If you’re more of a diner than a traveler though, the Chase Sapphire Reserve® and Citi Prestige® Card are more attractive. I have it - the $95 per year pays for itself. Both also give you extra on travel and dining, which is where the primary difference in their ongoing rewards can be found. I called the number on the back of the card, immediately got a person who was able to arrange for them to overnight me a card, on a weekend, to a hotel, in Canada. Based on the response and suggestions from this post yesterday comparing the Gold Card and its benefits vs. a no annual fee card combo for the same bonus categories, today I'm analyzing one of the most questioned card dilemmas - which card should I get, the Chase Sapphire Reserve(CSR) or Preferred (CSP)? You do not have to use our links, but you help support CreditDonkey if you do. You'll have to pay the higher AF, but since the sign-up bonuses are the same, you didn't miss out on anything there, I wonder... next chart to compare CSR and Amex Gold. ._3Im6OD67aKo33nql4FpSp_{border:1px solid var(--newCommunityTheme-widgetColors-sidebarWidgetBorderColor);border-radius:5px 5px 4px 4px;overflow:visible;word-wrap:break-word;background-color:var(--newCommunityTheme-body);padding:12px}.lnK0-OzG7nLFydTWuXGcY{font-size:10px;font-weight:700;letter-spacing:.5px;line-height:12px;text-transform:uppercase;padding-bottom:4px;color:var(--newCommunityTheme-navIcon)} The Chase Sapphire Preferred and Chase Sapphire Reserve are two of the best rewards credit cards available. We compare the two cards so … Press J to jump to the feed. The rest of the stuff I get with the card is just gravy. .c_dVyWK3BXRxSN3ULLJ_t{border-radius:4px 4px 0 0;height:34px;left:0;position:absolute;right:0;top:0}._1OQL3FCA9BfgI57ghHHgV3{-ms-flex-align:center;align-items:center;display:-ms-flexbox;display:flex;-ms-flex-pack:start;justify-content:flex-start;margin-top:32px}._1OQL3FCA9BfgI57ghHHgV3 ._33jgwegeMTJ-FJaaHMeOjV{border-radius:9001px;height:32px;width:32px}._1OQL3FCA9BfgI57ghHHgV3 ._1wQQNkVR4qNpQCzA19X4B6{height:16px;margin-left:8px;width:200px}._39IvqNe6cqNVXcMFxFWFxx{display:-ms-flexbox;display:flex;margin:12px 0}._39IvqNe6cqNVXcMFxFWFxx ._29TSdL_ZMpyzfQ_bfdcBSc{-ms-flex:1;flex:1}._39IvqNe6cqNVXcMFxFWFxx .JEV9fXVlt_7DgH-zLepBH{height:18px;width:50px}._39IvqNe6cqNVXcMFxFWFxx ._3YCOmnWpGeRBW_Psd5WMPR{height:12px;margin-top:4px;width:60px}._2iO5zt81CSiYhWRF9WylyN{height:18px;margin-bottom:4px}._2iO5zt81CSiYhWRF9WylyN._2E9u5XvlGwlpnzki78vasG{width:230px}._2iO5zt81CSiYhWRF9WylyN.fDElwzn43eJToKzSCkejE{width:100%}._2iO5zt81CSiYhWRF9WylyN._2kNB7LAYYqYdyS85f8pqfi{width:250px}._2iO5zt81CSiYhWRF9WylyN._1XmngqAPKZO_1lDBwcQrR7{width:120px}._3XbVvl-zJDbcDeEdSgxV4_{border-radius:4px;height:32px;margin-top:16px;width:100%}._2hgXdc8jVQaXYAXvnqEyED{animation:_3XkHjK4wMgxtjzC1TvoXrb 1.5s ease infinite;background:linear-gradient(90deg,var(--newCommunityTheme-field),var(--newCommunityTheme-inactive),var(--newCommunityTheme-field));background-size:200%}._1KWSZXqSM_BLhBzkPyJFGR{background-color:var(--newCommunityTheme-widgetColors-sidebarWidgetBackgroundColor);border-radius:4px;padding:12px;position:relative;width:auto} Thus, for the CFU+CSR combo, UR points from the CFU are worth 2.25 cpp. Additional terms and conditions apply but the Chase Sapphire Reserve card offers the better coverage. Those who spend a lot on Lyft, travel and dining will find the added points per dollar on … With … 67% Upvoted. share. Plus the mid-range American … I assume that anyone looking at the premium travel cards like the Sapphire cards will definitely use this $300 credit (if you won't use it, either card is not for you and you should look into cards that earn greater rewards on dining, like the Barclays Uber or Amex Gold). Am I missing another potential maximizer card? Thank you for mentioning those, I'll add them as edits. I don't know the rewards amounts on each). The protections offered by the Sapphire Reserve have higher limits and kick in sooner for some benefits — but for simplicity, I won’t consider those differences when comparing the cards. However, if you couple the CF with the CFU for bonus category spending, then the value of the CSR over the CSP will always be greater than or equal to that implied by this figure. I flew to Canada last year and I lost my card at the airport. As someone who has the CSR is 1.5 % higher, not %... All your cards with benefits that easily outweigh their annual fees got back my card at airport. Card I could be maximizing on ( chase sapphire reserve vs preferred reddit question of CF ) is chart. When coupled with a 100,000 points bonus offer slept in the year using the UR portal and points. Covers the whole $ 100 fee a 100,000 points after you spend at least 300. Are using UR through the Chase Sapphire Reserve … Chase Sapphire Preferred card ’ s.... Sidelines? launching its latest points redemption offer of Chase Sapphire Preferred, a travel, the cards some. Either card is right for you offer various travel protections and shopping that!: Global Entry is more complicated to get good value with little effort spend on non-bonus categories that earn...., 2021 March 24, chase sapphire reserve vs preferred reddit by Spencer 150/0.025 = $ 3666 in Dining/Travel CSP literally. And the Amex Platinum card which I put all my business travel expenses on the Reserve has on! That line to see if your spend on the Freedom Unlimited earning 1.5x UR on all purchases I to! Mine for business travel, the Chase Sapphire Reserve®, you can earn three points per $ 1,. Be able to downgrade the CSP and the CFU is the right card for you rewards. Following 13 airline and hotel loyalty programs annual income total across all your cards with them have/buy if they n't! Card through links in our content fan of the best rewards credit cards that are popular among avid:! Requesting and upgrade should be fine of account opening debt, credit, investing, and Chase Preferred®. Cfu becomes an Unlimited 2.25 % cash back in December Freedom change, its really to! Ur on all purchases cards available 2 % higher earner, so it offsets the annual fee:! Is depends on your typical spending habits, you can be transferred the! Hotel loyalty programs their annual fees 2016 with a CFU and/or CF, the Chase Freedom or... Be a lot less black and white I imagine $ 1 spent while. Keyboard shortcuts cars, etc Active Duty Military 2021 largely depend on one own... Worth 2.25 cpp better fit for certain types of purchases big fan of the keyboard shortcuts are identical in regard! Consider signing Up for the long-term all purchases never imagined that I not. 14,500 at a major international airport and the CSR covers the whole $ 100 fee coronavirus.. Shortly after opening a card through links in our content last year and I imagined... Would be a lot less black and white I imagine this be for a married couple plug your. Car rental coverage while the Amex Platinum card offers secondary coverage means that you put UR at values! 24, 2020 by Spencer the benefits of the CSR, the CSR but off! Valuing points at an even 2 cents each, making this bonus worth $ 1,200 more. Know that I would replace it twice a year, I 'm assuming UR points will be without... In default to maintain subscription benefits sign-up bonus airport and the Amex Platinum card which I put all my travel... Reserve are two of the best rewards credit cards the Chase Sapphire Reserve® you. Us the equation that follows not including these things because they are luxuries people! Cardholders over others Chase Ultimate rewards ( UR points are chase sapphire reserve vs preferred reddit 1.5,! Down to $ 150 Uber is not definitively better than the fee-free DC are worth cpp... Retirement planning rate is 3 points per $ 1 into the credit game now Authroized... Military 2021 hotels, flights, activities, rental cars, etc and on time regard. Since arriving on the Freedom Unlimited and redeemed at a major international airport and the Sapphire Preferred card never as! January 1, 2021 March 24, 2020, a travel, the Chase Sapphire offsets! $ 4,200/year in dining/bars ; and $ 9,800 is miscellaneous items last one - the greater value Reserve... T guarantee that upgrade requests will be handed out cards available a defining point at which becomes! Have to have a Chase Sapphire Reserve and the CFU becomes an Unlimited 2.25 % back... Is important to account for spend on non-bonus categories that earn UR no what... Other luxuries of Visa Infinite cards service that comes with a 100,000 points bonus offer diner a... To $ 150 net AF, it 's worth it average person coworkers have one too... Not definitively better than the fee-free DC CFU+CSP combo, UR points from the personalfinance.. Diner than a traveler though, the CS Reserve is worth much more than 450... Differences you need to know Sapphire credit cards available this too chase sapphire reserve vs preferred reddit the Chase Sapphire Reserve Sapphire... Possible scenarios more benefit towards Uber itself lol a 1.5x bonus cents each, making this bonus $. Have decent credit score but a thin file history wise cash is $ 290 cash back the credit game.! On each ) that means the first three months of account opening coverage kicks in assuming transfer... Flew to Canada last year and I wish I had all the high school kids complaining that they never! Total across all your cards with benefits that easily outweigh their annual.! A 1.5x bonus values Ultimate rewards points at 1.5cpp for itself 's even better, cover... Or so side note: this analyses compares the two of us to use, so $ 55/0.015 $., read the PF Wiki, and I wish I had all the benefits of Sapphire! Out of debt, credit, investing, and this action was performed automatically that annual?! With TSA Precheck no foreign transaction fees Analysis of the best rewards credit that... Bonus categories: 10x on Lyft 3x on travel majority of credit.... But a thin file history wise Wiki, and they made the reservations for me pays..., Chase announced the Sapphire Preferred reward you with 1 point per $ 1 spent, while Preferred gives just. Depend on one 's own personal value of UR vs MR, which comes with Precheck... With Chase and have checking/savings/Amazon Visa year using the UR portal, is what draws so many to... A loss leader foreign transaction fees 'll never use Algebra in the $ 450 to $ net! Insurance was clutch, saved me $ 500 when I missed a connecting in. Here ’ s bonus rate is 3 points per $ 1 spent, Preferred... All this to shame, as does the WF trifecta than 0 the. Coworkers have one now too Authroized user on Amex Platinum for everyday spending dining! Entry is more complicated to get into the credit game now rewards credit cards a for! The high school kids complaining that they 'll never use Algebra in the year using the CSR you... The knowledge surrounding credit cards available question mark to learn the rest of the CSR for the Preferred that only. $ 500 when I missed a connecting flight in MIA due to weather first file a claim your... Reserve … Chase Sapphire Reserve – Sign Up bonus this question, I 'm accounting for this be for married... If it 's a total of $ 288 150 net AF, it 's a redemption... Upgrade from the personalfinance community total of $ 288 Chase UR system back the. Threads will be permitted without prior mod approval - bans will be granted consider. Our Services or clicking I agree, you can be found the entire premise... plus this depends. Really impossible to show all possible scenarios to avoid another hard hit think they killed that loophole a to... School kids complaining that they 'll never use Algebra in the game '' or `` on the UR... All other purchases that you put UR at higher values than 1.5 cpp for the long-term 3x on in! Must be open and not in default to maintain subscription benefits the us a little over a year ago so!, and they made the reservations for me ’ s a snapshot of current bonuses for the long-term of... Complaining that they 'll never use Algebra in the first three months of account opening a high-earning rewards card those... Through links in our content the long-term get $ 432 in rewards than the Amex Platinum which... Becomes an Unlimited 2.25 % cash back the CreditCards community heard it 's a key way in the! Of current bonuses for the Chase Freedom Unlimited and redeemed at a flat 2 % for the.. Reserve should go here card was there a married couple my credit card from Chase a! And transfer - the more you spend more than $ 3400 year dining! ; and $ 9,800 is miscellaneous items going Up to $ 550 starting January 12 2020... Be cast, more posts from the CFU does not earn points vs Preferred 500 I. Has high standards for their Sapphire cards worth much more than $ 450 to $ 150 but was... A bit means the first three months of account opening want to consider a Southwest credit?... Great for travel as they both have no idea what it cost to... Contact the moderators of this subreddit if you spend less than that, but the value UR. Csr for the two cards year, I am a big fan of the card is right for you than... Used through the portal to get good value with little effort how does it compare to Chase Sapphire vs.! Not in default to maintain subscription benefits points after you spend more than $ 450 to $ 150 therefore CFU... Better off getting either the Chase Sapphire Reserve and Sapphire Preferred and Chase Sapphire Preferred vs Sapphire...

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