The Ultimate Showdown: Chase Sapphire Preferred vs. Chase Sapphire Reserve?
Last week we covered the new Chase Sapphire Reserve launch and announced it as the best card of ALL time. You can read all about the benefits of the new card here.
Many of you have been asking how to decide between the Chase Sapphire Preferred and the new Chase Sapphire Reserve cards. Here’s a breakdown of the perks between both cards to hopefully make the decision a little easier!
| Chase Sapphire Preferred | Chase Sapphire Reserve | |
| Annual Fee | $95 | $450 |
| Sign-up Bonus | 50,000 points after you spend $4,000 on purchases in the first 3 months valued at $625 when redeemed for travel | 100,000 points after you spend $4,000 on purchases in the first 3 months valued at $1,500 when redeemed for travel |
| Travel Earning Rate | 2x | 3x |
| Dining Earning Rate | 2x | 3x |
| Everywhere Earning Rate | 1x | 1x |
| Foreign Transaction Fees | 0% | 0% |
| Point Value When Redeemed for Travel | 1.25 cents | 1.5 cents |
| Annual Credits | – | $300 annual travel credit |
| Global Entry/TSA Pre✓ Credits | – | Up to $100 for either Global Entry or TSA Pre✓ every 4 years |
| Airport Lounge Access | – | Priority Pass Select Membership |
| Authorized Users | – | $75 |
| Premium Travel Protection | ✓ |
WINNER: Chase Sapphire Reserve
If you can swing the $450 annual fee, then the Chase Sapphire Reserve is a no brainier. The $300 annual credit that you receive immediately helps subsidize the annual fee. In addition, the extra earning ability with the 3x multiplier on travel and dining provides a 50% bonus on purchases when compared to the Preferred card. TPS values the first year of Reserve membership at over $2,700 – a new record!
More importantly, the card comes in a pretty swanky box to help elevate your #PointsBoss status.
