Which is Best: The Chase Sapphire Preferred or the Sapphire Reserve Card?

The Chase Sapphire card is one of the most popular travel rewards cards and for good reason. These cards allow you to earn points when buying travel and dining, then redeem points directly to travel or transfer them to airline and hotel partners.

Currently, there are two different types of credit cards offered in the Sapphire family, the Chase Sapphire Preferred® Card, which has an annual fee of $95, and chase Sapphire Reserve®, which has an annual fee of $550. Let's take a look at these two cards and see which one is right for you.

Chase Sapphire Preferred® Card

While it's cheaper than Sapphire Reserve, it's surprising that this card offers more generous sign-up rewards. You'll earn 60,000 bonus points after spending $4,000 on purchases in the first three months of opening your account. That amount is worth $750 for travel when you redeem a travel booking made directly through Chase Ultimate Rewards®, provided by Expedia.

This card gives you double the points when buying travel and dining and one point for every dollar spent elsewhere. Points are worth 1.25 cents each in the direction of travel bookings, or can be transferred to miles or hotel points. Transfer partners include United, Southwest, Singapore and Virgin Atlantic, as well as Hyatt, Marriott and Hilton hotels.

This card also includes free delivery with a DoorPass subscription from DoorDash. You also earn up to 5 points riding Lyft until the end of March 2022.

Chase Sapphire Reserve®

Sapphire Reserve currently has an annual fee of $550, which can only be worthwhile when you use all its features, benefits and credit fees. Cardholders start with 50,000 points after spending $4,000 on new purchases within three months of opening an account. But because Sapphire Reserve cardholders can redeem their points for 1.5 cents per point, this score is also worth $750 to travel when you redeem points for travel bookings made directly through chase ultimate rewards®, offered by Expedia.

This card offers 3 points for travel and dining, and one point per dollar spent elsewhere. You also get an annual statement credit of up to $300 for travel expenses and up to $100 for statement credits for a Global Entry or TSA PreCheck application. You also get Lyft Pink for free for one year (minimum value $199) and a free DashPass subscription from DoorDash after activation before December 31. You even get $120 in DoorDash statement credits ($60 in 2020 and $60 in 2021).

But most importantly, this card comes with a Priority Pass Select membership that allows you and two unlimited visitors to over 1,400 airport lounges worldwide. You even get credits of up to $28, per person, per visit at several restaurants at the airport.

Which is right for you?

If you add up the value of all of the Sapphire Reserve fee credits and other benefits, then you’ll largely make up the difference between the two cards. This makes the Sapphire Reserve the best choice for frequent travelers. Infrequent travelers on a tight budget may be happier with the Sapphire Preferred, which is also a great card. By closely examining the features and benefits of these two cards, you’ll find the one that’s right for you.