Chase Sapphire Preferred CardChase Sapphire Reserve Card
Welcome Bonus:60,000  (after you spend $4,000 during the first 3 months after account opening)50,000 (after you spend $4,000 during the first 3 months after account opening)
Point Value (For Chase Travel Portal Redemptions)1.25 cents1.5 cents
Annual Fee:$95$550
Travel Credits:N/A$300 annual travel credit.
 N/AStatement credit for global entry or TSA pre-check
  Rate Of Bonus Earnings And Categories: 2x for each dollar spent on all dining and travel and 1x on all other purchases. 3x points for each dollar spent on all dining and travel and 1x for all other purchases.
Trip Delay Insurance:You can get up to $500 per ticket when you have a delay of at least 12 hours (or if you’ll need to stay overnight).You can get up to $500 per ticket when you have a delay of at least 6 hours (or if you’ll need to stay overnight).
Rental Insurance:The rental insurance does not cover expensive and exotic cars. Offers additional car rental insurance coverage with up to $75,000 reimbursement for theft or collision.
Roadside Assistance:Offers roadside assistance, but charges $59.95 per service call.Offers 4 free roadside service calls valued up to $50 each per year.
Purchase Protection:Offers up to $50,000 in claims per year. Up to $500 per claim.Offers up to $50,000 in claims per year. Up to $10,000 per claim.
Travel Protection:Protection which covers lost or delayed luggage and trip cancellations is slightly enhanced on the Sapphire Reserve.
  Lounge Access:N/AAccess to 1,000+ airport lounges, with a complimentary membership to Priority Pass.
Authorized User Fee:$0$75
Credit Needed To Get Approved:Good Credit:Excellent Credit:

Advantages of the  Chase Sapphire Reserve over the preferred

The Chase Sapphire Reserve offers many more travel benefits than the Chase Sapphire Preferred, as you can see listed on the chart above. These benefits are really great to have when traveling, especially if you travel often. The higher rate on Chase travel redemptions (1.5 instead of 1.25) is also a very valuable benefit for consumers who earn lots of Chase Ultimate Reward points.

Keep in mind that earning three points on travel with the Reserve, instead of two points with the Preferred can be enough to pay out the difference in the annual fee, depending on how much you spend on in these categories (will pay out after spending approximately $10,000 when you keep in mind the 1.5 redemption value plus the $300 travel credit).

Some Advantages of the Chase Sapphire Preferred Over the Chase Sapphire Reserve

The most obvious advantage of the Preferred is the lower annual fee of only $95, as opposed to the annual fee of the Reserve of $550. Of course, it comes with the $300 travel credit per year. If you’ll be using it, it’ll bring down the fee to $250 (still more than the Preferred).

Also, the Preferred comes with a larger signup bonus of 60,000, while the signup bonus for the Reserve is at 50,000. You can only receive one bonus from a Sapphire card within a span of 48 months. It would be smart to first apply for the Preferred and earn a higher bonus. Then, if you would like to receive the extra benefits from the Reserve you can always upgrade the card to the Reserve (you will need to wait 13 months from account opening before Chase will allow you to upgrade).

Additionally, getting approved for the Preferred card is somewhat easier than getting approved for the Reserve card, which will need a top-notch score, since the credit limit for a Reserve credit card starts by $10,000 while the credit limit for the Preferred starts by $5,000.


The Sapphire Reserve is for sure the better option if you travel often and will take advantage of the many travel benefits and credits discussed. But if you’re not such an often traveler and would still appreciate access to basic travel benefits, then the Sapphire Preferred is the way to go.