We compared the Chase Sapphire Preferred to the Amex Platinum — and this time, the winner isn't clear-cut

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amex platinum vs chase sapphire preferred 4x3

A few friends have asked me lately about the
Chase Sapphire Preferred
, and whether I thought it was better
card than the
AmEx Platinum

I thought it was an interesting question. While we’ve compared
the beefier
Chase Sapphire Reserve to the Platinum Card before
, and we’ve
covered all three cards in the past, we’ve never looked at the
accessible Sapphire Preferred in the context of the ultra-premium
AmEx Platinum.

To be honest, they’re such different cards that it’s hard to say
which is better: Depending on your spending habits and how you
travel, it could be worth having both.

The Chase
Sapphire Preferred
 offers 2x points on all dining and all
travel. Dining includes everything from bars and restaurants to
fast food, and travel includes everything from taxis, parking, and
trains, to travel agencies, flights, hotels, vacation rentals,
cruises, and more. It earns 1x point per dollar spent on everything

The Sapphire Preferred also offers trip delay and baggage delay
coverage for any travel you book through the card (you can
read more about that here

The AmEx
offers 5x points on flights, but only if you book
directly with the airline or through AmEx Travel. If you book
through a website like Expedia or Orbitz, you only get 1x point per
dollar. You’ll also get 1x point per dollar on everything else. The
card only offers major trip cancellation coverage — not delay

However, the
AmEx Platinum
offers much better benefits and perks than the
Chase Sapphire Preferred. It offers extensive access
to airport lounges
, a yearly credit up to
$200 for incidental airline fees
, up to
$200 of annual credits for Uber
(or UberEats), and up to

$100 in annual credits for Saks Fifth Avenue
. It also offers

free elite status at Hilton and Marriott hotels
, and a few
other perks. Without spending much on the card, I
got $2,000 worth of value
 from it in my first year.

I personally hold the
AmEx Platinum
for the perks and services — especially lounge
access and hotel elite status — but do most of my spending on a
Chase card, since it earns better rewards faster (and makes it
easier to spend them). I use a Sapphire Reserve, rather than a
Preferred, though that means
I pay $1,000 in annual fees
for the two cards.

While that’s the best option for my personal case, the
Sapphire Preferred
is still an excellent card — with a
substantially lower annual fee, and a better sign-up bonus. You can
read more about
why you might want to choose the Sapphire Preferred over the

here to learn more about the Chase Sapphire Preferred from Insider
Picks’ partner: The Points Guy.

Click here to learn more about the AmEx Platinum from Insider
Picks’ partner: The Points Guy.

best credit card rewards, bonuses, and benefits of

reasons the decade-old Chase Sapphire Preferred is a powerhouse
within the increasingly competitive credit card

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Source: FS – All – Economy – News
We compared the Chase Sapphire Preferred to the Amex Platinum — and this time, the winner isn't clear-cut