Chase Sapphire Preferred vs Reserve Review
We are all aware of the Chase Sapphire cards and their amazing benefits. These two cards are two of the most attractive travel cards on the shelf today. Chase Sapphire Preferred had been the best card until in 2016, they launched the Chase Sapphire Reserve. This card took the market by storm. So, its Chase Sapphire Preferred vs Reserve. Let the games begin! The Chase Bank is known for its amazing service. You need to the JPMorgan Chase Routing Number to do various kinds of transactions.
Table of Content
- 1 Chase Sapphire Preferred vs Reserve
- 1.1 Chase Sapphire Preferred review
- 1.2 Why should you prefer Chase Sapphire Preferred?
- 1.3 Chase Sapphire Reserve review
- 1.4 So, who wins then?
Chase Sapphire Preferred vs Reserve
The Chase Sapphire Preferred has a $95 annual fee and the foremost choice of most travelers. Its luxury sibling, the Chase Sapphire Reserve has a $450 annual fee, but it also provides more rewards and bonuses. Which one to take then?
Chase Sapphire Preferred review
Chase Sapphire Preferred with its $95 annual fee (waived off the first year) is the darling of travelers. It is easy to apply and get as Chase Sapphire Preferred Credit Score are pretty average. The card offers double points on all travel and dining charges and one point/dollar spent on all other purchases. Each of these points is earned in Chase’s Ultimate Rewards program. This lets you redeem points for 1.25 cents each during travel reservations through Chase Ultimate Rewards Travel Center.
The Unlimited Rewards Program has yet another awesome card. Check out the Chase Freedom Unlimited Reviews. This reward credit card offers some really exciting offers. The Chase Freedom Rental Car Insurance is one of the best offers that is available in the market.
Why should you prefer Chase Sapphire Preferred?
Here are some reasons why Chase Sapphire Preferred may be better:
$95 annual fee
It’s the third time the annual fees are being mentioned, but it’s pretty hard to ignore it. And that introductory annual fee of $0 for the first year, are you kidding me? Sapphire Reserve doesn’t even have this offer. All you have to do is spend a minimum of $9,500 a year on your card to make up for it.
Sapphire Preferred is cheaper when it comes to adding an authorized user. How much cheaper? Well, there are no additional fees to add authorized users while it costs $75 per user on Sapphire Reserve.
Chase Sapphire Reserve review
The Chase Sapphire Reserve share a lot of similarities with the Preferred Card. They are both members of the Chase Ultimate Rewards points and you get extra points on travel and dining. But for Reserve, it all comes at an annual fee of $450. And that is a lot! Why? That’s what a lot of Preferred users are thinking too. What could possibly justify this steep annual fee?
$300 annual travel credit
Chase automatically transfers Reserve’s $300 annual travel statement credit to your account each time you do a transaction related to travel. This includes any flight, rental car, hotel stay, trains, buses, parking and even tolls expenses. Even if it is just a subway ride costing $2.50, Chase will automatically credit the purchase back to your account (at max $300 in a year).
3x points on travel and dining
Preferred only offers you 2x points, so this is a huge improvement. You can gain your Ultimate Reward points a lot faster.
50% more value when you redeem points on travel on Ultimate Rewards
Reserve points are worth 1.5 cents on the Chase travel portal compared to Preferred’s 1.25 cents.
So, who wins then?
Sapphire Preferred is a great option if you still feel Reserve card is charging too much. Though there are other players with amazing rewards, Preferred shines with Chase Ultimate Rewards. But if you are a serious traveler and want to notch up you travel reward game, Chase Sapphire Reserve is the weapon to go for. Not satisfied with these cards? Here are the Best Travel Credit Card Available Today!