Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. The Chase Sapphire Reserve definitely has the edge in terms of perks—annual travel statement credits and lounge access can all add up. Many credit cards now offer Global Entry or TSA PreCheck fee statement credits, including the Capital One Venture Rewards Card, which is offering a historically high bonus of its own, at 100,000 miles (50,000 after spending $3,000 in 3 months, and another 50,000 after spending $20,000 within 12 months). No matter which one you choose, you will be making a great choice. This perk provides reimbursement for damage as a result of collision or theft for rentals of 31 days or less when you decline the rental agency’s CDW. This site does not include all credit card companies or all available credit card offers. While both cards can access the Ultimate Rewards portal and can be used in any one of the above categories, the Reserve offers more redemption power when used for travel. Both offer nearly identical trip cancellation and interruption insurance, primary auto rental coverage, and lost luggage reimbursement if your bags go missing. That's $750 toward travel when you redeem through Chase Ultimate Rewards®. Higher fee, better perks: The Chase Sapphire Preferred doesn’t boast much in the way of value-added benefits apart from its new DoorDash DashPass perks, which the Reserve also offers. Here are the main factors you need to consider. ALL RIGHTS RESERVED. That’s a clear-cut advantage for the Preferred if you intend to transfer your points to one of Chase’s partner airlines or hotel programs. Blue Cash Preferred® Card from American Express, 60,000 points after you spend $4,000 on purchases in the first three months, 50,000 points after you spend $4,000 on purchases in the first three months, Primary; “expensive and exotic cars” are excluded, Primary; provides reimbursement up to $75,000 for theft and collision, Up to $50 per incident, up to four times a year, Up to $500 per ticket for delays of 12 or more hours (or requiring an overnight stay), Up to $500 per ticket for delays of 6 or more hours (or requiring an overnight stay), Up to $3,000 per person (up to $500 per person for jewelry, watches, cameras, video recorders and other electronic equipment), $500,000 for common carrier loss of life benefit; $100,000 for 24-hour loss of life benefit, $1,000,000 for common carrier loss of life benefit; $100,000 for 24-hour loss of life benefit, Up to $500 per claim and up to $50,000 per year, Up to $10,000 per claim and up to $50,000 per year, Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. You could be looking to help someone build up his or her credit history; you might want to provide employees with cards for a business account or maybe you’re looking to earn bonus rewards for adding additional users. View our latest valuations here. Military Money Manual … Chase Sapphire Preferred has a $95 annual fee.You get 2x points on travel and dining, and 1x on everything else.You get a sign-up bonus of 60,000 points after you spend $4,000 on purchases within the first 90 days. Now through April 30, 2021, those merchants include grocery stores, dining (including delivery and takeout), home improvement stores, and a dozen eligible charities. With the Chase Sapphire Reserve, the terms and conditions actually cap reimbursement at $75,000. Redemption values: Points earned with the Chase Sapphire Reserve transfer to the Ultimate Rewards program’s partners the same way they do with the Preferred. The Chase Sapphire Reserve® is the ability to earn 50,000 points after spending $4,000 in the first three months. To its credit, the American Express® Gold Card has a $100 airline fee credit, but it's only applicable toward airline incidentals. How does it compare to Chase Sapphire Reserve, a travel, airline, points and restaurant credit card? It earns one point per dollar everywhere else. Before we get into the benefits of these two cards, note that you can’t hold the CSP and the CSR at the same time, and you need to wait at least 48 months between earning the sign-up bonus on one card before you can earn it on the other. The Chase Sapphire Reserve and Ink Business Preferred are two excellent cards, but it can be hard to justify keeping both travel-centric cards when you may not be flying to far-flung destinations anytime soon. Chase Sapphire Preferred vs Reserve. It’s also worth comparing the coverage offered by these two cards for things like travel delays, trip cancellation and purchase protection. 2X points on dining at restaurants including eligible delivery services, takeout and dining out and travel & 1 point per dollar spent on all other purchases. Sign up for our daily newsletter. View the current offer. And there’s more: Sapphire Reserve cardholders get one free year of Lyft Pink, which provides 15% off rides, priority airport dispatch, relaxed cancellation fees, and more. AFAR partners with CreditCards.com and may receive a commission from card issuers. However, the Reserve comes with an additional $300 in annual travel statement credits, which can be put toward flights and hotel stays, plus things like taxi rides and even parking meters. This site does not include all credit card companies or all available credit card offers.