Advertiser Disclosure

Many of the credit card offers that appear on this site are from credit card companies from which we receive financial compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). However, the credit card information that we publish has been written and evaluated by experts who know these products inside out. We only recommend products we either use ourselves or endorse. This site does not include all credit card companies or all available credit card offers that are on the market. See our advertising policy here where we list advertisers that we work with, and how we make money. You can also review our credit card rating methodology.

Amex Business Platinum Card vs. Chase Sapphire Reserve Card [Detailed Comparison]

Christine Krzyszton's image
Christine Krzyszton
Christine Krzyszton's image

Christine Krzyszton

Senior Finance Contributor

Countries Visited: 98U.S. States Visited: 45

Christine ran her own business developing and managing insurance and financial services. This stoked a passion for points and miles and she now has over 2 dozen credit cards and creates in-depth, deta...
Edited by: Jessica Merritt
Jessica Merritt's image

Jessica Merritt

Editor & Content Contributor

Countries Visited: 4U.S. States Visited: 23

A long-time points and miles student, Jessica is the former Personal Finance Managing Editor at U.S. News and World Report and is passionate about helping consumers fund their travels for as little ca...
& Juan Ruiz
Juan Ruiz's image

Juan Ruiz

Compliance Editor & Content Contributor

Countries Visited: 40U.S. States Visited: 27

Juan has been involved in credit cards, loyalty, travel, and personal finance for more than 10 years. He has worked for several outlets including The Points Guy and Forbes and was previously Editor-in...

We may be compensated when you click on product links, such as credit cards, from one or more of our advertising partners. Terms apply to the offers below. See our Advertising Policy for more about our partners, how we make money, and our rating methodology. Opinions and recommendations are ours alone.

Upgraded Points: Expertise You Can Trust

Our seasoned and experienced team brings years of expertise in the credit card and travel sectors. Committed to integrity, we offer data-driven guides to help you find the card(s) that best fit your requirements. See details on our intensive editorial policies and card rating methodologies.

  • Content by Leading Industry Experts
  • Routine Updates and Fact-Checks
  • First-Hand Credit Card Experience
  • Shared Across 200+ Top Outlets
  • Methodical “U.P. Rating” System
  • 1005+ Expert Credit Card Guides

When it comes to premium travel rewards cards, there’s just a short list of cards that stand out from the others. The Business Platinum Card® from American Express and the Chase Sapphire Reserve® are 2 cards that are frequently mentioned in this category.

A premium rewards card can deliver elevated earnings on your purchases, provide travel benefits that make your trip more comfortable, and offer redemption options that maximize your hard-earned rewards. Both of the cards we’re comparing today accomplish all of this and more.

If you’re considering a new premium rewards card and looked at either, or both, of these cards, you know there’s value to be found.

That potential value is the reason we’ve chosen these 2 popular cards for our comparison. Our article today will look at how each of these cards provides value in the categories that matter most to travelers, but we’ll also consider the additional benefits that sweeten the deal.

Having all the information you need to select the right rewards card for your situation is important, so let’s get started.

Business Card vs. Personal Card

Let’s quickly address the elephant in the room and acknowledge that the Amex Business Platinum card is an Amex business card and the Chase Sapphire Reserve card is a personal consumer card.

If you need a business credit card to keep business and personal purchases separated and simplify expense organization, you’ll, of course, want to consider a business card.

If your expenses will be more of a personal nature, then a personal travel rewards card, cash-back card, or a card that earns on everyday purchases would be more appropriate.

If however, you’re ready to select just 1 card and it could be either of our featured cards, our comparison will help you immensely with your decision.

Amex Business Platinum Card vs. Chase Sapphire Reserve Card — Overview

SCROLL FOR MORE
BenefitThe Business Platinum Card® from American ExpressChase Sapphire Reserve®
Welcome BonusOUR BEST OFFER: Earn 120,000 points after you spend $15,000 on purchases in the first 3 months.Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months.
Earning
  • 5x points on flights and prepaid hotels on AmexTravel.com
  • 1.5x points on eligible purchases in key business categories, as well as on purchases of $5,000 or more everywhere else (up to $2 million in purchases per calendar year)
  • 1x points on other purchases
  • 10x points on hotels, car rentals, and Chase Dining when you purchase through Chase Ultimate Rewards and Lyft purchases (through March 31, 2025)
  • 5x points on airfare when you purchase through Chase Ultimate Rewards
  • 3x points on dining and other travel
  • 1x points on other purchases
Redemption Options
  • Transfers to airline and hotel partners
  • Redeem points for eligible flights through Pay With Points with a 35% airline bonus (~1.54 cents per point)
  • Statement credits, gift cards, merchandise, Amazon.com, PayPal.com
  • Transfer to airline and hotel partners
  • Book travel through Chase Ultimate Rewards with a 50% redemption bonus (1.5 cents per point)
  • Pay Yourself Back with a 25% to 50% redemption bonus (1.25 to 1.5 cents per point)
  • Gift cards, statement credits/cash-back, Apple purchases, Amazon.com, PayPal.com
Top Travel Benefits and Protections
  • Access to the American Express Global Lounge Collection (including a complimentary Priority Pass Select membership upon enrollment)
  • Annual statement credits: Up to $200 airline fee credit, up to $189 CLEAR Plus credit, and more
  • Global Entry or TSA PreCheck application fee statement credit
  • Hotel elite status with Hilton Honors (Gold) and Marriott Bonvoy (Gold Elite)
  • Secondary car rental coverage, trip interruption and cancellation coverage, trip delay reimbursement, access to Premium Global Assist Hotline
  • Complimentary Priority Pass Select membership
  • $300 annual travel credit
  • Up to $100 Global Entry or TSA PreCheck application fee statement credit
  • Primary rental car coverage (up to $75,000 in coverage), lost or delayed luggage insurance, trip cancellation insurance, trip delay and travel accident insurance, emergency medical evacuation coverage, emergency medical and dental benefit, roadside assistance (4 free service calls per year, each up to $50 per call)
Top Shopping Benefits and Protections
  • Annual statement credits, including up to $400 in Dell credits, up to $360 in Indeed credits, up to $150 in Adobe credits, up to $120 in wireless cellular credits
  • Cell phone insurance, purchase protection, extended warranty
  • No preset spending limit
  • No foreign transaction fees (rates & fees)
  • Purchase protection, extended warranty, return protection
  • No foreign transaction fees
Annual Fees and Authorized Users
  • Annual fee of $550
  • $75 per year per authorized user

Note that some benefits of the Amex Business Platinum card require enrollment through your American Express account.

The Value of a Welcome Bonus

Welcome bonuses are normally earned on cards when you meet specific spending requirements within 3 months after you are approved for the card. These bonuses can be substantial and serve to jump-start your rewards account.

These welcome bonuses do fluctuate, so you’ll always want to thoroughly review the most current offer before applying for any card.

Here’s a snapshot of the welcome bonuses on our featured cards:

Amex Business Platinum Card

OUR BEST OFFER
The Business Platinum Card® from American ExpressTerms Apply / Rates & Fees

The Business Platinum Card® from American Express

U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

This card is ideal for business travelers who enjoy luxury travel and are looking for a card loaded with benefits!

Learn More(at Amex's secure site)

The Business Platinum Card® from American Express

This card is ideal for business travelers who enjoy luxury travel and are looking for a card loaded with benefits!
Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with your Card within the first 3 months of Card Membership.
120,000 points
$2,640
$695
19.49% - 27.49% Variable
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)

The Business Platinum Card® from American Express is a premium travel rewards card tailored toward business owners who are frequent travelers with a high number of annual expenses.

When you factor in the large number of perks that the card offers like the best airport lounge access at over 1,400 lounges, along with tons of annual credits, it’s easy to see why this card can is a top option for frequent traveling business owners.

Hot Tip: Check to see if you’re eligible for a huge welcome bonus offer of up to 170,000 points with the Amex Business Platinum. The current public offer is 120,000 points. (This targeted offer was independently researched and may not be available to all applicants.)

Pros

  • 5x Membership Rewards points per $1 on flights and prepaid hotels at Amex Travel
  • Up to $200 annual airline fee credit on your selected qualifying airline
  • Statement credits on select purchases with your card
  • 35% airline bonus when using Pay With Points (up to 1,000,000 bonus points per calendar year)
  • Access to over 1,400 worldwide airport lounges as part of the American Express Global Lounge Collection
  • Global Entry or TSA PreCheck application fee credit
  • Get 50% more Membership Rewards points (1.5 points per $1) on eligible purchases in key business categories, as well as on purchases of $5,000 or more (cap applies)
  • Access to Amex’s Fine Hotels & Resorts program

Cons

  • High annual fee of $695 (rates and fees)
  • Airline fee credit does not cover airfare, only incidentals like checked bags
  • Welcome Offer: Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with your Card within the first 3 months of Card Membership.
  • 5X Membership Rewards® points on flights and prepaid hotels on AmexTravel.com, and 1X points for each dollar you spend on eligible purchases.
  • Earn 1.5X points (that’s an extra half point per dollar) on each eligible purchase at US construction material, hardware suppliers, electronic goods retailers, and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more everywhere else, on up to $2 million of these purchases per calendar year.
  • Unlock over $1,000 in annual statement credits on a curation of business purchases, including select purchases made with Dell Technologies, Indeed, Adobe, and U.S. wireless service providers.
  • $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year for incidental fees charged by your one selected, qualifying airline to your Card.
  • $189 CLEAR® Plus Credit: Use your card and get up to $189 in statement credits per calendar year on your CLEAR® Plus Membership (subject to auto-renewal) when you use your Business Platinum Card®.
  • The American Express Global Lounge Collection® can provide an escape at the airport. With complimentary access to more than 1,400 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card issuer on the market as of 03/2023.
  • $695 Annual Fee.
  • Terms Apply.

Financial Snapshot

  • APR: 19.49% - 27.49% Variable
  • Foreign Transaction Fees: None

Card Categories

Rewards Center

American Express Membership Rewards

Hot Tip: Check to see if you’re eligible for a huge welcome bonus offer of up to 170,000 points with the Amex Business Platinum. The current public offer is 120,000 points. (This targeted offer was independently researched and may not be available to all applicants.)

Chase Sapphire Reserve Card

Chase Sapphire Reserve®

Chase Sapphire Reserve®

U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

A top player in the high-end premium travel credit card space that earns 3x points on travel and dining while offering top luxury perks.

Learn More(at Chase's secure site)

Chase Sapphire Reserve®

A top player in the high-end premium travel credit card space that earns 3x points on travel and dining while offering top luxury perks.
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
60,000 points
$1,200
$550
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Excellent (740-850)

If you’re looking for an all-around excellent travel rewards card, the Chase Sapphire Reserve® is one of the best options out there.

The card combines elite travel benefits and perks like airport lounge access, with excellent point earning and redemption options.  Plus it offers top-notch travel insurance protections to keep you covered whether you’re at home or on the road.

Don’t forget the $300 annual travel credit which really helps to reduce the annual fee!

Pros

  • 10x points on car rentals, hotels, and dining booked via the Chase Ultimate Rewards portal
  • 10x points on Lyft purchases March 31, 2025
  • 10x points on Peloton equipment and accessory purchases over $250 through March 31, 2025
  • 5x points on airfare booked via the Chase Ultimate Rewards portal
  • 3x points on all other travel and dining purchases; 1x point on all other purchases
  • $300 annual travel credit
  • Priority Pass airport lounge access
  • TSA PreCheck, Global Entry, or NEXUS credit
  • Access to Chase Luxury Hotel and Resort Collection
  • Rental car elite status with National and Avis

Cons

  • $550 annual fee
  • Does not offer any sort of hotel elite status
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase Ultimate Rewards®
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year.
  • Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards®. For example, 60,000 points are worth $900 toward travel
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit every four years for Global Entry, NEXUS, or TSA PreCheck®
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more
  • Member FDIC

Financial Snapshot

  • Foreign Transaction Fees: None

Card Categories

Rewards Center

Chase Ultimate Rewards

Membership Rewards points can typically be redeemed for 1 cent each. But with the Amex Business Platinum card, you may receive significantly more potential value when transferring points to travel partners or redeeming for travel via AmexTravel.com.

Ultimate Rewards points can be redeemed for 1.5 cents each for travel via the Chase travel portal and also have the potential for greater value when transferred to the Chase transfer partners.

Bottom Line: The Amex Business Platinum card comes with a welcome bonus that can exceed the value of the Chase Sapphire Reserve card bonus. However, the value of the welcome bonus you earn will be based on how points are redeemed. Also, welcome bonuses and point values can vary, so be sure to check current offers and values before applying. 

Membership Rewards Points vs. Ultimate Rewards Points

United Polaris Lounge ORD View
Redeeming points for premium travel experiences is a key benefit of having a travel rewards card. United Polaris Lounge Chicago. Image Credit: Chris Hassan

The Amex Business Platinum card earns Membership Rewards points, while the Chase Sapphire Reserve card earns Ultimate Rewards points.

It’s difficult to determine which points are more valuable, as value is based on your redemption preference.

You can be confident that regardless of which card you select, the rewards you earn will be some of the most valuable available.

Let’s look at how the 2 compare when it comes to earning potential and redemption options.

Comparing Earning Potential

Selecting a card that matches your spending profile is a key element to maximizing earnings. Let’s look at how our featured cards earn rewards on the purchases you make.

SCROLL FOR MORE
CardEarnings
Amex Business Platinum Card
  • 5x points on flights and prepaid hotels booked through AmexTravel.com
  • 2x points on cruises purchased through AmexTravel.com
  • 1.5x points on eligible purchases in key business categories, as well as on purchases of $5,000 or more everywhere else. Cap applies.
  • 1 point per dollar spent on all other purchases
  • Terms apply
Chase Sapphire Reserve Card
  • 10x points on Chase dining, hotels, and car rentals booked through the Chase Ultimate Rewards portal
  • 10x points on Lyft rides (through March 31, 2025)
  • 10x points on Peloton equipment and accessory purchases over $250 (through March 31, 2025)
  • 5x points on airfare booked through the Chase travel portal
  • 3x points on travel and dining worldwide
  • 1x point per dollar spent on all other purchases

Comparing Redemption Options

While the associated rewards programs have differences, there are similarities when it comes to redeeming your points for good value.

Here’s how the cards stack up when you’re ready to redeem your rewards.

SCROLL FOR MORE
Redemption OptionsAmex Business Platinum CardChase Sapphire Reserve Card
Redeem for Travel
  • Redeem points for 1 cent each via AmexTravel.com
  • Receive a 35% rebate when using points to book flights via AmexTravel.com (airline pre-selection required and 1,000,000 point rebate maximum each year)
Redeem points for 1.5 cents each for travel via the Chase travel portal
Transfer Points to Travel Partners20 Amex transfer partners, most transfer 1:1 ratio, small fee applies for transfers to domestic airlines10+ airline/hotel partners, 1:1 transfer ratio
Redeem for Statement CreditsRedeem for statement credits at the rate of 0.6 cents per point
  • Redeem via Pay Yourself Back at 1.25 to 1.5 cents per point when you redeem them for statement credits against existing purchases in select rotating categories
  • Redeem points at 1 cent each for statement credit or cash
Other Redemption OptionsGift cards, Amazon, Uber, and with other shopping partnersGift cards, Amazon, Apple, and Chase Experiences

The best value for your points in either program is to redeem for travel, but Chase offers Pay Yourself Back to redeem points for purchases in qualifying categories at 1.5 cents per point.

Bottom Line: You’ll realize the maximum potential redemption value with either Membership Rewards points or Ultimate Rewards points by redeeming for travel via the associated proprietary travel portals or by transferring rewards points to airline and hotel partners. When we look at redeeming points for statement credits or cash, the Chase Sapphire Reserve card is superior.

Worldwide Airport Lounge Access

Amex Centurion Lounge PHX Conference Table
Lounge access can make your travel more comfortable. The Centurion Lounge PHX. Image Credit: James Larounis

You won’t find broader lounge access benefits than what comes on the Amex Business Platinum card and on the consumer version, The Platinum Card® from American Express.

The Chase Sapphire Reserve card steps up with its own worldwide lounge access benefit. Its benefit, although not matching that of Amex, still offers access to plenty of lounge properties.

Let’s take a look at the options offered by both cards.

Amex Business Platinum Card

The Amex Business Platinum card offers access to over 1,400 lounge properties worldwide and includes the following networks:

Chase Sapphire Reserve Card

The Chase Sapphire Reserve card comes with a Priority Pass Select membership that includes access to over 1,400 properties worldwide.

Chase has launched Chase Sapphire Lounge by The Club, with 1 open in Hong Kong and several U.S. lounges opening over the next few years. Both Chase Sapphire Reserve cardholders and those with a Priority Pass membership will be able to access this lounge network.

The Chase Sapphire Reserve card also gives cardholders and 2 guests access to Chase Sapphire Terrace locations. Currently, there’s only 1 location, at Austin–Bergstrom International Airport (AUS) in Texas.

Bottom Line: Both of our featured cards come with worldwide lounge access. The Amex Business Platinum card has a more expansive lounge network that includes the exclusive Centurion Lounges and Delta Sky Club access. 

Statement Credits

Statement credits provide direct value by reimbursing you for specific purchases.

Here are the statement credits you can expect to see on our featured cards:

SCROLL FOR MORE
CardStatement Credits
Amex Business Platinum Card

Note: Some benefits of the Amex Business Platinum card require enrollment through your American Express account

Chase Sapphire Reserve Card
  • $300 statement credit for travel purchases per card anniversary year
  • Up to $100 for Global Entry, NEXUS, or TSA PreCheck fee
  • Complimentary DoorDash DashPass membership (Activate by December 31, 2024)
  • $5 monthly DoorDash credit
  • Complimentary Instacart+ membership for 12 months (activate by July 31, 2024)
  • $15 monthly Instacart credit (when you activate your Instacart+ membership)

Bottom Line: While the Amex Business Platinum card exceeds the Chase Sapphire Reserve card in the number of potential statement credits, the Chase $300 travel credit may be easier to utilize. The better card for statement credits will ultimately be the one that has the most offers you can actually utilize. 

Hotel, Airline, and Car Rental Benefits

The Langley, a Luxury Collection Hotel Buckinghamshire
Both of our featured cards come with plenty of hotel program benefits you can use. The Langley, a Luxury Collection Hotel, Buckinghamshire. Image Credit: Marriott

Hotel Program Benefits

Amex Business Platinum Card

With special benefits at 2 unique hotel collections and complimentary hotel elite status in 2 popular programs, the Amex Business Platinum card delivers value cardholders can use at thousands of properties.

Chase Sapphire Reserve Card

Although the Chase Sapphire Reserve card does not offer hotel program elite status, the card does come with elite-style benefits with several worldwide hotel programs.

  • Luxury Hotel and Resort Collection benefits including:
    • Local amenity unique to the property, such as dinner, spa, resort credit, etc.
    • Early check-in/late checkout when available
    • Upgraded room if available
    • Daily breakfast for 2
    • Free Wi-Fi
  • Relais & Châteaux hotel benefits:
    • Personalized VIP welcome
    • Complimentary breakfast
  • Ennismore hotels benefits that include:
    • $30 hotel credit per room per stay
    • Fourth-night free
    • Complimentary Wi-Fi
    • Upgraded room when available
    • Free breakfast for 2 or a complimentary beverage
    • Late checkout

Bottom Line: Although both cards offer plenty of benefits at various boutique hotel collections, the Amex Business Platinum card edges out the Chase Sapphire Reserve card with complimentary Hilton Honors and Marriott Bonvoy Gold elite status.

Airline Benefits

Amex Business Platinum Card

There are few airline-related perks offered on our featured cards, but the Amex Business Platinum card does offer these associated benefits:

  • International Airline Program — Enjoy discounted international airfare when purchasing eligible round-trip business or first class airline tickets
  • Upgrade With Points — Upgrade your airline seating using Membership Rewards points
  • Delta Sky Club Access — Access for cardholders when flying same-day on Delta flights

Chase Sapphire Reserve Card

The Chase Sapphire Reserve card does not offer any airline-related benefits.

Car Rental Program Benefits

Amex Business Platinum Card

Chase Sapphire Reserve Card

Cardholders receive several car rental program discounts and enhanced benefits such as car upgrades with partner car rental companies including Avis, National, and Audi on demand (formerly Silvercar).

Bottom Line: The Amex Business Platinum card comes out ahead of the Chase Sapphire Reserve card when comparing hotel, airline, and rental car program benefits. 

Travel Insurance and Protection Benefits

Medical Evacuation Travel Medical Insurance
The travel insurance that comes with your credit card may provide coverage in case of an emergency while traveling. Image Credit: M Cisneros via Reshot

While the travel insurance that comes with your credit card doesn’t replace the need to consider purchasing travel insurance, you will find coverage that can be sufficient for trips that don’t involve a large non-refundable investment.

Here’s how our featured cards compare with the travel insurance coverages offered:

SCROLL FOR MORE
Benefit/ProtectionAmex Business Platinum CardChase Sapphire Reserve Card
Car Rental InsuranceSecondary coverage with the option to purchase Premium Protection for 1 low fee that covers the entire rental period ranging from $12.25 to $24.95Primary car rental insurance
Trip Cancellation and Trip Interruption$10,000 per trip, $20,000 maximum per eligible card each 12-month period$10,000 per trip, $20,000 per incident, $40,000 per 12-month period
Trip Delay ReimbursementUp to $500 per trip, maximum 2 claims per 12-month periodUp to $500 per trip for delays over 6 hours or overnight
Baggage InsuranceUp to $2,000 per checked bag, $3,000 per carry-on bag for lost, damaged, or stolen baggage; no coverage for delayed baggageUp to $3,000 per person, per trip for lost, damaged, or stolen baggage, and up to $500 for baggage delayed over 6 hours
Roadside AssistanceNoneCovers up to 4 service calls each year for a maximum of $50 per event
Emergency EvacuationIncluded with no stated limit via Global Assist Hotline$100,000 emergency evacuation
Medical and Dental CoverageNone$2,500 emergency medical/dental and up to $75 per day, up to 5 days, for related accommodations
Travel Assistance ServicesPremium Global Assist HotlineTravel and Emergency Services Assistance
Travel Accident InsuranceNoneUp to $1,000,000

Bottom Line: While both cards do a good job of providing travel insurance benefits and protections, the edge goes to the Chase Sapphire Reserve card with primary car rental insurance, baggage delay, emergency medical and dental insurance, premium roadside assistance, and travel accident insurance. 

Shopping Benefits and Protections

Extended Warranty

  • Amex Business Platinum Card — Adds 1 year to manufacturer’s warranties of 5 years or less; maximum of $1,000 per eligible item, up to $50,000 per calendar year
  • Chase Sapphire Reserve Card — Extends the manufacturer’s warranty of 3 years or less for eligible products purchased with the card for 1 additional year; maximum $10,000 per claim, $50,000 per year

Purchase Protection

  • Amex Business Platinum Card — Purchase protection includes coverage for theft, damage, or loss on eligible purchases for 90 days from the purchase date; maximum $10,000 per purchase and $50,000 per calendar year
  • Chase Sapphire Reserve CardPurchase protection includes theft, damage, and accidental parting for 120 days from the date of purchase, up to $10,000 per claim, $50,000 per calendar year

Return Protection

  • Amex Business Platinum Card — If the merchant will not accept a return within the first 90 days of an eligible item being purchased with your card, you could receive up to $300 per item, up to $1,000 per year
  • Chase Sapphire Reserve Card — Returns not accepted by the merchant within 90 days of purchase could qualify for up to $500 per item, up to $1,000 maximum per year for eligible items

Shopping Offers

In addition to shopping benefits and protections, both Amex and Chase offer statement credits and elevated earnings offers via Amex and Chase Offers.

  • Amex Offers — Sign in to your online Amex card account, scroll down the page, and you’ll find up to 100 Amex offers that can save you money or provide elevated earnings
  • Chase Offers — Although not normally as lucrative as Amex Offers, Chase offers also earn cash-back on specific purchases

Amex Business Platinum Card vs. Chase Sapphire Reserve Card — Summary

While both cards offer premium benefits, respectable earning opportunities, and redemption options, one of these cards may be a better fit for your situation over the other.

Here’s our take on which card might have the edge in each category:

  • Best for Earning Points— The Chase Sapphire Reserve card appears to be the winner when it comes to earning rewards as it offers more ways to earn. However, if you spend a lot on flights and make large purchases of $5,000 or more, you may do better with the Amex Business Platinum card.
  • Best for Redemption Options — While both cards offer the potential for excellent value when redeeming points for travel, the Amex Business Platinum card offers more lucrative transfer airline partners than the Chase Sapphire Reserve card.
  • Best for Statement Credits — The Amex Business Platinum card offers more statement credits than the Chase Sapphire Reserve card, but the $300 travel credit on the Chase card may be easier to use.
  • Best for Worldwide Lounge Access — The Amex Business Platinum card offers greater lounge access options with access to Centurion Lounges and the Delta Sky Club in addition to Priority Pass options also offered by the Chase Sapphire Reserve card.
  • Best for Travel Insurance and Protections — With primary car rental coverage, better baggage insurance, ancillary medical and dental coverage, and $1,000,000 travel accident insurance, the slight edge goes to the Chase Sapphire Reserve card.
  • Best for Shopping Benefits — Both cards offer similar shopping benefits and protections.

Keep in mind that this summary is just an overview — the actual value you receive will vary based on your priorities. Also, we have not included every benefit offered on each card, only the core benefits that provide the most value.

Final Thoughts

Both of our featured cards offer excellent earning and redemption options, worldwide lounge access, and plenty of travel and shopping benefits.

The best card for you will be the one that best matches your spending and redemption goals and offers benefits that will deliver value.

If you’re a business traveler who travels internationally, the Amex Business Platinum card could provide plenty of value. If your travel is more of a personal nature, but you still want premium travel benefits, the Chase Sapphire Reserve card may work for you.

In the end, you won’t go wrong with either of these premium card options.

For the secondary rental car coverage benefit of The Business Platinum Card® from American Express, Car Rental Loss and Damage Insurance can provide coverage up to $75,000 for theft of or damage to most rental vehicles when you use your eligible Card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver or similar option offered by the Commercial Car Rental Company. This product provides secondary coverage and does not include liability coverage. Not all vehicle types or rentals are covered. Geographic restrictions apply. Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.

For the baggage insurance benefit of The Business Platinum Card® from American Express, Baggage Insurance Plan coverage can be in effect for Covered Persons for eligible lost, damaged, or stolen Baggage during their travel on a Common Carrier Vehicle (e.g. plane, train, ship, or bus) when the Entire Fare for a ticket for the trip (one-way or round-trip) is charged to an Eligible Card. Coverage can be provided for up to $2,000 for checked Baggage and up to a combined maximum of $3,000 for checked and carry-on Baggage, in excess of coverage provided by the Common Carrier. The coverage is also subject to a $3,000 aggregate limit per Covered Trip. For New York State residents, there is a $2,000 per bag/suitcase limit for each Covered Person with a $10,000 aggregate maximum for all Covered Persons per Covered Trip. Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

For the premium global assist benefit of The Business Platinum Card® from American Express, you can rely on Global Assist Hotline 24 hours a day / 7 days a week for medical, legal, financial or other select emergency coordination and assistance services while traveling more than 100 miles away from your home. Plus, we may provide emergency medical transportation assistance and related services. Third-party service costs may be your responsibility. Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. If approved and coordinated by Premium Global Assist Hotline, emergency medical transportation assistance may be provided at no cost. In any other circumstance, Card Members may be responsible for the costs charged by third-party service providers.

For the purchase protection benefit of The Business Platinum Card® from American Express, Purchase Protection is an embedded benefit of your Card Membership and requires no enrollment. It can help protect Covered Purchases made on your Eligible Card when they’re accidentally damaged, stolen, or lost, for up to 90 days from the Covered Purchase date. The coverage is limited up to $10,000 per occurrence, up to $50,000 per Card Member account per calendar year. Coverage Limits Apply. Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

For the extended warranty benefit of  The Business Platinum Card® from American Express, when an American Express® Card Member charges a Covered Purchase to an Eligible Card, Extended Warranty§ can provide up to one extra year added to the Original Manufacturer’s Warranty. Applies to warranties of five (5) years or less. Coverage is up to the actual amount charged to your Card for the item up to a maximum of $10,000; not to exceed $50,000 per Card Member account per calendar year. Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

For the trip cancellation and interruption insurance benefit of The Business Platinum Card® from American Express, the maximum benefit amount for Trip Cancellation and Interruption Insurance is $10,000 per Covered Trip and $20,000 per Eligible Card per 12 consecutive month period. Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.

For the trip delay insurance benefit of The Business Platinum Card® from American Express, up to $500 per Covered Trip that is delayed for more than 6 hours; and 2 claims per Eligible Card per 12 consecutive month period. Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.

For the Return Protection benefit of The Business Platinum Card® from American Express, you may return eligible purchases to American Express if the seller won’t take them back up to 90 days from the date of purchase. American Express may refund the full purchase price excluding shipping and handling, up to $300 per item, up to a maximum of $1,000 per calendar year per Card account, if you purchased it entirely with your eligible American Express® Card. Purchases must be made in the U.S. or its territories. Eligibility and benefit level varies by Card. Terms, Conditions and Limitations Apply.

For rates and fees of The Business Platinum Card® from American Express, click here.
For rates and fees of The Platinum Card® from American Express, click here.

Frequently Asked Questions

Which card is better, the Amex Business Platinum card or the Chase Sapphire Reserve card?

The best card for you will be the card that matches your situation. If you need a business credit card to keep business expenses separate from personal expenses, you’ll want a business credit card, and the Amex Business Platinum card is a good choice.

If your spending is more personal, but you want travel benefits, the Chase Sapphire Reserve may be a better match.

If you need to select just 1 card, select the card that rewards your greatest spending, has benefits you can use, and offers you value at redemption time.

Which rewards are better, Membership Rewards points or Ultimate Rewards points?

Both Membership Rewards points and Ultimate Rewards points have tremendous value due to their flexibility at redemption time.

When redeemed for travel via AmexTravel.com, Membership Rewards points are worth 1 cent each, but point redemptions with the Amex Business Platinum card also receive a 35% rebate (1.54 cents per point). Ultimate Rewards points redeemed for travel via the Chase travel portal receive 1.5 cents each in value.

Both rewards have the potential for greater value when transferred to travel partner loyalty programs.

Ultimate Rewards points may also be redeemed for statement credits and cash-back at 1 cent per point. Membership Rewards points may not be redeemed for cash, but receive 0.6 cents in value when redeemed for statement credits.

Does the Amex Business Platinum card get Uber credits?

No. Credits towards Uber purchases are a benefit of the personal consumer Amex Platinum card.

Does the Amex Business Platinum card have primary car rental insurance?

No, the Amex Business Platinum card comes with secondary car rental insurance which means you must first file a claim with any other insurance that applies to the loss.

However, cardholders have the option to purchase Premium Protection for just 1 low fee ($12.25 to $24.95) that covers the entire rental period. This can be a significant savings over per-day fees that the rental car agency may charge.

Can a business credit card be used for personal purchases?

Technically, yes. However, it is not prudent to do so. Keeping business and personal purchases separate is crucial to an effective business operation and can make tax time easier.

Additionally, credit card terms and conditions may state that the card must be used for business purchases only. Business cards may also offer card protections (such as maximum interest rates) that only apply to business purchases.

Christine Krzyszton's image

About Christine Krzyszton

Christine ran her own business developing and managing insurance and financial services. This stoked a passion for points and miles and she now has over 2 dozen credit cards and creates in-depth, detailed content for UP.

INSIDERS ONLY: UP PULSE

Deluxe Travel Provided by UP Pulse

Get the latest travel tips, crucial news, flight & hotel deal alerts...

Plus — expert strategies to maximize your points & miles by joining our (free) newsletter.

We respect your privacy. This site is protected by reCAPTCHA. Google's privacy policy and terms of service apply.

Deluxe Travel Provided by UP Pulse
DMCA.com Protection Status