Chase Sapphire Reserve vs. American Express Platinum: Premium Card Showdown

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There are dozens of credit cards out there to accelerate your travels, but two are a cut above the rest: The Chase Sapphire Reserve and the American Express Platinum card.

These aren’t introductory cards for the average Joe, but rather powerful weapons for the frequent traveler. Each comes with a hefty annual fee of at least $450 that may scare many people (though the perks with these cards could make that easily worth it).

Which one is better? In this post, we’ll break it down.


Click Here to learn more about the American Express Platinum card



Click Here to learn more about the Chase Sapphire Reserve. 


Annual Fee

Let’s get the sticker shock out of the way first.  The Chase Sapphire Reserve will run you $450 a year. The American Express Platinum card is $550 a year.

The winner here should be obvious. However, if your eyes are popping at the big fees, remember to do the math before ruling out either card. As we’ll lay out below, both cards come with an unbeatable set of perks that can more than offset the fees.

Winner: Chase Sapphire Reserve.


Chase Sapphire Reserve vs. American Express PlatinumChase Sapphire Reserve vs. American Express Platinum fee

Welcome Bonus

There’s a clear winner on the main reason you may be considering either card: A big cache of miles. 

Back when Chase launched the Sapphire Reserve card, it touted a 100,000-point sign-up bonus. But those days are long gone, and it now offers a 50,000-point bonus after spending $4,000 in three months. That’s lower than the 60,000-point bonus available on its less-powerful sibling, the Chase Sapphire Preferred.

Meanwhile, the American Express Platinum is currently offering 60,000 Membership Rewards after spending $5,000 in three months. That’s generally in line with their standard offering, but you may be able to get much more.

You may be eligible for a 100,000-point bonus with the American Express Platinum via CardMatch. If so, that makes this card the obvious winner. Check to see if you’re eligible! 

Winner: The Platinum Card from American Express.


card bonuses

Bonus Earning

Of course, those big mileage bonuses are alluring, but both cards offer some alluring returns on ongoing spending. 

The American Express Platinum card gives you an unbeatable 5x points on airfare booked directly with the airline or through its travel portal. That’s an easy way to rack up extra points if you travel frequently.

With the Chase Sapphire Reserve, you get 3x points on all travel purchases. And it goes farther: You also get 3x points at restaurants across the globe.

The fact that you can earn extra points on more purchases gives Chase’s top card the win here, but that could easily flip if you’re frequently buying flights.

Winner: Chase Sapphire Reserve, but it’s really close.

Chase Sapphire Reserve vs. American Express Platinum bonus earning


Travel Portal Booking

Booking flight deals like those you find here at Thrifty Traveler or with your Thrifty Traveler Premium subscription is one of our favorite ways to use points. And one of these cards is the clear favorite.

That distinction goes to the Chase Sapphire Reserve. And it’s all because your Chase Ultimate Rewards points are worth 1.5 cents each when you hold the card.

That makes your 50,000-point welcome bonus worth $750 towards travel when booking directly through the Chase portal. The personal version of the American Express Platinum card simply can’t compete with that.

Winner: Chase Sapphire Reserve.

Chase Sapphire Reserve vs. American Express Platinum travel portal


Transfer Partners

Transferring points to your airline accounts can unlock some serious value, and both Chase and American Express have some great options. 

All told, Chase can transfer to nine airlines and three hotels brands. You can send your American Express Membership Rewards points to 16 airlines and three hotel chains. Check out our Master List of Credit Card Transfer Partners to compare the full lists.

The two credit cards share a handful of airlines as transfer partners, including Singapore Airlines, Air France/KLM and British Airways. But American Express has more options, including some alluring opportunities. It’s one of the main reasons why we think American Express Membership Rewards points are worth more than Chase points.


ProgramTypeTransfer RatioTransfer Time
Aer LingusAirline1:1N/A
AeroMexicoAirline1:1.62-12 days
Air Canada AeroplanAirline1:1Instant
Air France/KLMAirline1:1Instant
ANAAirline1:11-2 days
British AirwaysAirline1:1Instant
Cathay PacificAirline1:11-7 days
El AlAirline50:1Instant
IberiaAirline1:11-3 days
SingaporeAirline1:112-48 hours
Virgin AtlanticAirline1:1Instant
Choice PrivilegesHotel1:1Instant
Hilton HonorsHotel1:2Instant
Marriott BonvoyHotel1:1Instant


That includes ANA, which offers a way to fly in business class to Japan for roughly the same amount of miles you’d pay for economy on other airlines. Other standouts include Delta, Avianca LifeMiles, Virgin Atlantic, and Aeroplan.

And American Express travel partners frequently offer bonuses when you transfer points – something we don’t see often with Chase. Most recently, you could earn a 30% bonus when transferring points to Virgin Atlantic. 

Two quick caveats about transferring American Express points.  First, American Express charges a very small fee (.06 cents per point) on transfers to domestic airlines. So if you transfer 100,000 points to Delta or JetBlue, you’ll get charged $60. These fees are capped at $99.

And unlike Chase, there are a handful of transfer partners like JetBlue to which your points won’t transfer on a 1:1 basis. However, the extra transfer partner options and opportunity to cash in on transfer bonuses gives American Express Platinum the edge here.

Winner: The Platinum Card from American Express.



Lounge Access

One of these cards is far and away the best credit card in the world of miles and points when it comes to scoring lounge access. 

The American Express Platinum card will open the door to hundreds of lounges at airports worldwide. You’ll get access to the growing network of Centurion Lounges, easily some of the best domestic lounges in the country with more on the way. You’ll also get a Priority Pass membership, your key to 1,000 more lounges worldwide.


Chase Sapphire Reserve vs. American Express Platinum Card


With the American Express Platinum card, you can also get in Delta SkyClubs if you’re flying Delta that day. And finally, you can access Escape Lounges, which is our favorite at our Minneapolis-St. Paul (MSP) home base.

The Chase Sapphire Reserve card only comes with a Priority Pass membership.

Winner: The Platinum Card from American Express.

Chase Sapphire Reserve vs. American Express Platinum lounges


Global Entry and TSA PreCheck

Getting through airport security and clearing immigration is a breeze with either card. 

Both the Chase Sapphire Reserve and American Express Platinum will cover the cost of either a TSA PreCheck or Global Entry membership. Considering Global Entry includes a PreCheck membership, that should be an easy choice. Read up on how to apply for Global Entry.

This is becoming a common feature on many cards. And seeing as both of these top-tier cards offer an identical benefit, this one isn’t decisive.

Winner: Tie.



Travel Credits

Both cards offer some serious travel credits that can immediately reduce the upfront costs of big annual fees. 

With the Chase Sapphire Reserve, you get $300 in credits toward travel. Any purchase coded as travel – airfare, airline fees, hotels, taxis, Ubers and more – will get covered. That’s easy to take advantage of.

American Express structures its own travel credits differently, splitting $400 each year between two separate pots. Of that sum, $200 goes toward fees on a domestic airline that you designate each year. The other $200 gets split up into $15 monthly credits for Uber rides (you get $35 for December).

To us, the versatility of an all-encompassing $300 travel credit edges out the larger, $400 credit split between Uber rides and airline fees.

Winner: Chase Sapphire Reserve.


Chase Sapphire Reserve vs. American Express Platinum travel credits

Instant Hotel and Car Rental Status

Only one card will get you status with hotel chains: The American Express Platinum. 

You can easily enroll for Gold status with both Marriott as well as Hilton Honors. Just beware that you have to manually sign up with each hotel chain to make it happen.


Chase Sapphire Reserve vs. American Express Platinum

Instant Gold status with SPG, Marriott and Hilton? Yes please. (photo courtesy of Marriott)


And the benefits are worth it. With Hilton, you get extra points on paid stays, free breakfast and your fifth night free when booking with points. Marriott Gold status get you room upgrades when available, extra points when paying for your stay and more.

What’s more, the Platinum card will also get you perks with Hertz, National, and Avis car rentals. National our favorite by far, as you can skip the check-in desk when you rent any midsize car and head straight to the Emerald Aisle, picking any car that’s available!

The Chase Sapphire Reserve offers no hotel status or rental car perks, so the winner here is obvious.

Winner: The Platinum Card from American Express.



Trip Insurance

This one’s a doozy.

Between coverage for lost and delayed baggage, medical insurance, and getting reimbursed if your flight gets delayed, there’s a lot to unpack. We’ve devoted a whole post to breaking down the best credit cards for these different policies.

But if we have to declare an outright winner, it’s got to be the Chase Sapphire Reserve.

It starts with offering up to $100 a day if your baggage is delayed by six hours or more. Its trip delay and cancellation coverage is second to none, reimbursing you for associated expenses of any delay of six hours or more – so long as you pay for your flight with the card.

The Chase Sapphire Reserve will also has some great car rental coverage. And it offers some hefty coverage for some injuries during a trip that was paid at least in part with the card – including medical evacuation.

Meanwhile, the Platinum Card from American Express offers no coverage for delayed or canceled flights. Its car rental coverage isn’t quite as good, nor is its baggage policy. The only place where this card truly shines is for an unbeatable travel accident and medical evacuation party. Still, there’s a clear winner.

Winner: Chase Sapphire Reserve.



Our Analysis

By the numbers, the Chase Sapphire wins six of these categories, while the Platinum Card wins five. But that doesn’t tell the whole story.



Every traveler will weigh these different categories differently. So you need to decide what matters most to you in a premium credit card before choosing one over the other.

For example, there’s no denying that the travel perks that come with the American Express Platinum are the best on the market. If getting into more lounges and upping your hotel and car rental game with instant status are what you’re after, it’s the obvious winner here.

But the Chase Sapphire Reserve really shines in other aspects, like unbeatable travel insurance coverage and an extra bonus when booking cash fares with points. Add in the lower annual fee (with an easier way to spend the travel credits every year), and the Chase Sapphire Reserve could be the obvious choice for many travelers.


Bottom Line

Whether they’re top-of-the-line cards or introductory offerings, every traveler should consider the ins and outs of cards before deciding which one to open.  Hopefully, this breakdown helps you decide between the Chase Sapphire Reserve and the American Express Platinum.


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Editorial Note: Any opinions, analyses, reviews, or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved, or otherwise endorsed by any card issuer.

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