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

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Most frequent travelers appreciate the value of a premium travel rewards credit card. Having the ability to relax in an airport lounge, receiving an upgraded hotel room, and earning travel rewards make the value of having such a card clear.

Two of the best premium travel rewards credit cards available are The Platinum Card® from American Express and the Chase Sapphire Reserve®. Both cards are loaded with travel benefits and earn flexible points that, when redeemed for travel, deliver good value.

If you do some research, you’ll likely find that one of these cards is a better fit for your travel preferences and spending patterns. Both cards are equally impressive premium travel rewards cards, so how do you decide?

Let’s take a look at both cards, comparing benefits and earning power. These comparisons will help paint a clearer picture of which card may be a better fit for you.

Chase Sapphire Reserve Card vs. Amex Platinum Card — Overview

Before diving into each card’s attributes, let’s start with a high-level overview comparison of the Chase Sapphire Reserve card and the Amex Platinum card.

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 Chase Sapphire Reserve®The Platinum Card® from American Express
Welcome Bonus OfferEarn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months.Earn 80,000 points after spending $8,000 on purchases in the first 6 months.
Earning 
  • 10x points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards and Lyft purchases (through March 2025)
  • 5x points on air travel when you purchase travel through Chase Ultimate Rewards
  • 3x points on other travel
  • 3x points on dining
  • 1x points on all other purchases
  • 5x points on airfare booked directly with the airline or through AmexTravel.com (up to $500,000 per calendar year)
  • 5x points on prepaid hotel stays booked through AmexTravel.com
  • 1x points on other purchases
Top Redemption Options
  • Transfer points to airline or hotel partners
  • Redeem points for 1.5 cents per point (50% bonus) for eligible travel through the Chase travel portal
  • Gift cards, Amazon.com, Apple purchases, or cash-back as a statement credit or direct deposit
  • Transfer points to airline or hotel partners
  • AmexTravel.com bookings
  • Amazon.com purchases, cash-back, gift cards, or online shopping
Hotel Program Benefits
  • Visa Infinite Luxury Hotels and Resorts Collection Benefits
  • Complimentary Hilton Honors Gold and Marriott Bonvoy Gold Elite status (upon enrollment)
  • Access to Fine Hotels & Resorts and The Hotel Collection
Statement Credits
  • $300 annual travel credit
  • Global Entry, NEXUS, or TSA PreCheck reimbursement
  • Up to $15 per month Instacart credit
  • Annual statement credits (some require enrollment): Up to $200 airline fee, up to $240 digital entertainment credit, up to $189 CLEAR Plus, and more
  • Global Entry or TSA PreCheck application fee credit
Travel Benefits and Protections
  • Rental car benefits with Audi on demand, Avis,  and National
  • Complimentary Priority Pass Select membership
  • Primary rental car coverage, lost or delayed luggage insurance, trip cancellation insurance, trip delay and travel accident insurance
  • Rental car privileges with Avis, Hertz, and National (upon enrollment)
  • Access to 1,400+ lounges through the Amex Global Lounge Collection
  • Secondary rental car insurance, baggage insurance plan, trip cancellation and interruption insurance, trip delay insurance
  • Premium Global Assist
Shopping Benefits and Protections
  • Purchase protection, extended warranty
  • No foreign transaction fees
  • No preset spending limit
  • Purchase protection, extended warranty
  • No foreign transaction fees (rates & fees)
  • Cell phone protection
Annual Fees and Authorized Users
  • Annual fee of $550
  • $75 per year for each authorized user
  • Annual fee of $695
  • $195 per authorized user (rates & fees)

Welcome Offers

While welcome offers change periodically, they can be a large factor when selecting which card to apply for.

Here’s a snapshot of current offers and pricing for the Chase Sapphire Reserve card and the Amex Platinum 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

BEST LOUNGE ACCESS
The Platinum Card® from American ExpressTerms Apply / Rates & Fees

The 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.

The Amex Platinum reigns supreme for luxury travel, offering the best airport lounge access plus generous statement credits, and complimentary elite status.

Learn More(at Amex's secure site)

The Platinum Card® from American Express

The Amex Platinum reigns supreme for luxury travel, offering the best airport lounge access plus generous statement credits, and complimentary elite status.
Earn 80,000 Membership Rewards® Points after you spend $8,000 on purchases on the Card in your first 6 months of Card Membership.
80,000 points
$1,760
$695
See Pay Over Time APR
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)

When it comes to cards that offer top-notch benefits, you’d be hard-pressed to find a better card out there than The Platinum Card® from American Express.

Make no mistake — the Amex Platinum card is a premium card with a premium price tag. With amazing benefits like best-in-class airport lounge access, hotel elite status, and tremendous value in annual statement credits, it can easily prove to be one of the most lucrative cards in your wallet year after year.

Pros

  • The best airport lounge access out of any card (by far) — enjoy access to over 1,400 worldwide lounges, including the luxurious Amex Centurion Lounges, Priority Pass lounges, Plaza Premium Lounges, and many more!
  • 5x points per dollar spent on flights purchased directly with the airline or with American Express Travel (up to $500,000 per year)
  • 5x points per dollar spent on prepaid hotels booked with American Express Travel
  • Annual and monthly statement credits upon enrollment (airline credit, Uber Cash credit, Saks Fifth Avenue credit, streaming credit, prepaid hotel credit on eligible stays, Walmart+ credit, CLEAR credit, and Equinox credit)
  • TSA PreCheck or Global Entry credit
  • Access to American Express Fine Hotels and Resorts
  • Access to Amex International Airline Program
  • No foreign transaction fees (rates and fees)

Cons

  • $695 annual fee (rates and fees)
  • Airline credit does not cover airfare (only incidentals like checked bags)
  • Earn 80,000 Membership Rewards® Points after you spend $8,000 on purchases on your new Card in your first 6 months of Card Membership. Apply and select your preferred metal Card design: classic Platinum Card®, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu.
  • Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
  • $200 Hotel Credit: Get up to $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings with American Express Travel when you pay with your Platinum Card®. The Hotel Collection requires a minimum two-night stay.
  • $240 Digital Entertainment Credit: Get up to $20 back in statement credits each month on eligible purchases made with your Platinum Card® on one or more of the following: Disney+, a Disney Bundle, ESPN+, Hulu, The New York Times, Peacock, SiriusXM, and The Wall Street Journal. Enrollment required.
  • $155 Walmart+ Credit: Cover the cost of a $12.95 monthly Walmart+ membership (subject to auto-renewal) with a statement credit after you pay for Walmart+ each month with your Platinum Card®. Cost includes $12.95 plus applicable local sales tax. Plus Up Benefits are excluded.
  • $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees are charged by the airline to your Platinum Card®.
  • $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Uber Cash and Uber VIP status is available to Basic Card Member only.
  • $300 Equinox Credit: Get up to $300 back in statement credits per calendar year on an Equinox membership, or an Equinox club membership (subject to auto-renewal) when you pay with your Platinum Card®. Enrollment required. Visit https://platinum.equinox.com/ to enroll.
  • $189 CLEAR® Plus Credit: Breeze through security with CLEAR Plus at 100+ airports, stadiums, and entertainment venues nationwide and get up to $189 back per calendar year on your Membership (subject to auto-renewal) when you use your Platinum Card®. Learn more.
  • $100 Global Entry Credit: Receive either a $100 statement credit every 4 years for a Global Entry application fee or a statement credit up to $85 every 4.5 years for a TSA PreCheck® (through a TSA official enrollment provider) application fee, when charged to your Platinum Card®. Card Members approved for Global Entry will also receive access to TSA PreCheck at no additional cost.
  • Shop Saks with Platinum: Get up to $100 in statement credits annually for purchases in Saks Fifth Avenue stores or at saks.com on your Platinum Card®. That's up to $50 in statement credits semi-annually. Enrollment required.
  • $300 SoulCycle At-Home Bike Credit: Get a $300 statement credit for the purchase of a SoulCycle at-home bike with your Platinum Card®. An Equinox+ subscription is required to purchase a SoulCycle at-home bike and access SoulCycle content. Must charge full price of bike in one transaction. Shipping available in the contiguous U.S. only. Enrollment Required.
  • Unlock access to exclusive reservations and special dining experiences with Global Dining Access by Resy when you add your Platinum Card® to your Resy profile.
  • $695 annual fee.
  • Terms Apply.

Financial Snapshot

  • APR: See Pay Over Time APR
  • Foreign Transaction Fees: None

Card Categories

Rewards Center

American Express Membership Rewards

Hot Tip: Check to see if you’re eligible for a welcome bonus offer of up to 125k (or 150k) points with the Amex Platinum. The current public offer is 80,000 points. (This targeted offer was independently researched and may not be available to all applicants.)

While welcome bonuses are only 1 element in the cards’ offerings, looking at the long-term value, in addition to the welcome bonus, allows you to pick a card that’s going to work best for you beyond the first year.

Lounge Access

Priority Pass mobile membership card app
Enjoy complimentary Priority Pass lounge access with the Amex Platinum card or the Chase Sapphire Reserve card. Image Credit: Priority Pass

One of the benefits of a premium travel rewards credit card is complimentary airport lounge access to lounges worldwide.

Without this benefit, it’s not unheard of to see rates of $50 per person for a day pass or $700 for an annual membership. Given that paid access to these lounges can be expensive, the value of complimentary lounge access can be quite substantial.

Here’s a comparison of lounge access between the 2 cards:

Amex Platinum Card

The American Express Global Lounge Collection includes:

Chase Sapphire Reserve Card

Both cards provide complimentary access for the cardholder to all of the card’s associated lounges. Additionally, both cards also allow 2 additional guests, at no charge, to most lounges.

The Priority Pass lounge network consists of over 1,400 locations worldwide. However, a drawback is that Priority Pass can limit access for guests, and even for cardholders, at certain peak times.

When it comes to complimentary lounge access, the Amex Platinum card not only offers access to more than 1,400 lounges worldwide with Priority Pass but also to several additional lounge networks, including the prestigious Centurion Lounges.

Bottom Line: With access to over 1,400 airport lounges worldwide across several lounge networks, including the exclusive Centurion Lounges, the Amex Platinum card provides greater lounge access benefits than the Chase Sapphire Reserve card. 

Hotel and Rental Car Program Elite Benefits

Sheraton Fallsview Hotel
Enjoy upgraded rooms, with a view, (when available) with Marriott Bonvoy elite status at properties like the Sheraton Fallsview Hotel. Image Credit: Marriott

Hotel Program Elite Status

If you frequently stay at hotels, you know the value of an upgraded hotel room, late checkout, complimentary breakfast, and many of the other perks that come with having hotel elite status. Having complimentary hotel elite status as a credit card benefit can significantly boost your experience if you stay often at the participating hotels.

Amex Platinum Card

In addition to elite status with Hilton Honors or Marriott Bonvoy, the Amex Platinum card also offers special benefits with American Express Fine Hotels and Resorts that include:

  • Room upgrades
  • Daily breakfast for 2 guests
  • Early check-in and late checkout (when available)
  • Complimentary Wi-Fi
  • A unique property amenity (such as a spa, or food and beverage credit) worth a minimum of $100

Additional hotel benefits are available when booking a least a 2-night stay at The Hotel Collection:

  • Up to $100 room credit to spend on dining, spa, and resort activities
  • Upgraded room (when available)

Chase Sapphire Reserve Card

Chase partners with the Luxury Hotel and Resort Collection to offer these benefits when booking directly through the Luxury Hotel and Resort Collection at one of over 900 properties worldwide.

  • Breakfast for 2
  • Early check-in and late checkout (when available)
  • Upgraded room when available
  • Complimentary Wi-Fi
  • Property amenity

Chase Sapphire Reserve cardholders receive similar benefits at Relais & Chateaux and Ennismore properties as well.

Rental Car Program Benefits

Amex Platinum Card

Chase Sapphire Reserve Card

  • Audi on demand benefits and discounts
  • Avis Preferred benefits and discounts
  • National Emerald Club Executive Club status

Bottom Line: The Amex Platinum card comes out ahead by offering complimentary elite status with hotel and rental car partners. Cardholders receive Hilton Honors Gold status and Marriott Bonvoy Gold Elite status. Rental car benefits and elite status are similar on both credit cards. 

Earning Power

Swiss International Air Lines First Class
Earn rewards on every travel purchase with a premium travel rewards credit card like the Chase Sapphire Reserve card or the Amex Platinum card. Image Credit: Swiss International Air Lines

The Amex Platinum card clearly excels in providing airport lounge access and hotel program elite status. However, the Amex Platinum card is challenged in earning power by the Chase Sapphire Reserve card given you can earn more points in more ways with the Chase Sapphire Reserve card.

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Earning CategoryAmex Platinum CardChase Sapphire Reserve Card
Flights and Flight/Hotel Packages
  • 5x points when purchased through AmexTravel.com or for flights purchased directly with the airlines (up to $500,000 on these purchases per calendar year)
  • 5x points on flights when you purchase travel through Chase Ultimate Rewards
  • 3x points on all other travel
Hotels
  • 5x on prepaid hotels booked through AmexTravel.com
  • 2x on all other hotels booked through AmexTravel.com
  • 1x on all other hotel purchases
  • 10x points on hotels when you purchase travel through Chase Ultimate Rewards
  • 3x points on all other travel
Dining and Restaurants
  • 1x on all non-bonused purchases
  • 10x points on Chase Dining purchases through Chase Ultimate Rewards
  • 3x points on all other dining
Rental Cars
  • 1x on all non-bonused purchases
  • 10x points on car rentals when you purchase travel through Chase Ultimate Rewards
  • 3x points on all other travel
All Other Travel Expenses
  • 2x on qualifying travel booked through AmexTravel.com
  • 1x on all other purchases
  • 10x points on Lyft rides through March 31, 2025
  • 3x points on all other travel
All Other Purchases
  • 1x on all non-bonused purchases
  • 1x on all non-bonused purchases

The first difference that stands out is that you can only earn big on the Amex Platinum card if you purchase flights directly through an airline or if you purchase flights and prepaid hotels through AmexTravel.com.

With the Chase Sapphire Reserve card, you’re going to earn 3 points per dollar spent on all travel regardless of how you purchase.

Here’s a sample annual spending scenario:

  • $5,000 in flights purchased from an airline
  • $3,000 in non-prepaid hotels purchased directly through a hotel’s website
  • $2,000 in dining
  • $2,000 in other travel expenses

Based on this spending mix, you will have earned 32,000 Membership Rewards points with the Amex Platinum card and 36,000 Ultimate Rewards points with the Chase Sapphire Reserve card. This calculation is based on the assumption that flights were qualifying purchases earning 5x points per dollar with the Amex Platinum card.

If all hotel purchases were qualifying bookings (prepaid hotel purchases made through AmexTravel.com), you would earn 44,000 Membership Rewards points versus 36,000 Ultimate Rewards points.

A downside to note when booking hotels through AmexTravel.com is that hotel elite status benefits typically do not apply.

With the Chase Sapphire Reserve card, however, you’ll have the flexibility to make travel purchases from any provider. Plus, the broad definition of travel puts more of your purchases into the 3x bonus earning category. For example, purchases such as train tickets, car rentals, parking, tolls, ferries, and much more are included in the travel definition for the Chase Sapphire Reserve card.

Both cards offer the option to earn rewards points on affiliated Amex and Chase no-annual-fee cards, then transfer and redeem with travel partners for potentially greater redemption value.

Bottom Line: While both cards have good earning potential, the Chase Sapphire Reserve card has the edge as more categories earn 3 points per dollar spent. Only prepaid hotels and flights purchased from AmexTravel.com and flights purchased from the airline receive elevated 5x earnings on the Amex Platinum card. 

Redeeming Points

Membership Rewards redeem
You’ll have several options for redeeming your rewards with either card. Image Credit: American Express

Fortunately, both cards offer good value when redeeming for travel, transferring points to travel partners, and offering additional redemption choices.

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Redemption OptionAmex Platinum CardChase Sapphire Reserve Card
Redeem for TravelRedeem for up to 1 cent per point on AmexTravel.comRedeem for 1.5 cents per point on Ultimate Rewards travel portal or Pay Yourself Back when you redeem them for statement credits against existing purchases in select, rotating categories
Transfer Points to Travel Partners20 Amex transfer partners, most with a 1:1 transfer ratio; a small fee applies for U.S. airline transfer partners14 Chase travel partners, 1:1 transfer ratio
Other Redemption Options AvailableStatement credits, gift cards, Amazon, Uber, Ticketmaster, redeem with shopping partnersStatement credits, gift cards, Amazon, Apple, Chase Experiences

The Chase Sapphire Reserve card’s redemption rate of 1.5 cents per point results in great value when redeeming for inexpensive flights via the Ultimate Rewards travel portal, for Pay Yourself Back qualifying purchases, and also when transferring to select airline partners for premium flights.

With 17 airline transfer partners, there are more options for premium-cabin award redemptions with the Amex Platinum card versus the 11 airline transfer partners with the Chase Sapphire Reserve card.

When we look at hotel redemptions, transferring Ultimate Rewards points earned on the Chase Sapphire Reserve card to hotel partner World of Hyatt shines as a sweet spot. Free nights at Hyatt start at 3,500 World of Hyatt points, and with a 1:1 transfer ratio, you would need just 3,500 Ultimate Rewards points for a free Hyatt hotel night.

Bottom Line: With the wide variety of airline transfer partners, Membership Rewards points edge out Ultimate Rewards points for premium flight award redemptions. However, Ultimate Rewards can result in good value for inexpensive fares via Chase’s Ultimate Rewards travel portal.

Annual Fees and Adding Additional Users

While the Amex Platinum card’s annual fee is higher at $695, you can add authorized users at $195 per card (rates & fees). The Chase Sapphire Reserve card has an annual fee of $550, and authorized users can be added for $75 each.

Regardless of which card you select, if you can utilize the offered benefits, you’ll receive value far beyond the cost of either annual fee.

Statement and Shopping Credits

Saks Fifth Avenue
Statement credits can help offset a card’s annual fee. Image Credit: Northfoto via Shutterstock

One of the card benefits that can directly offset the cost of a credit card’s annual fee is the credits you receive after making specific purchases.

Amex Platinum Card

Chase Sapphire Reserve Card

  • Up to $300 statement credit for travel purchases each cardmember year
  • Global Entry, NEXUS, or TSA PreCheck reimbursement
  • Complimentary Instacart+ membership (activate by July 31, 2024), plus up to $15 per month in Instacart statement credits after activating your Instacart+ membership

If you spend money on checked baggage and other airline incidental fees, use streaming services, or shop at Saks, you’ll find value with the Amex Platinum card.

The Chase Sapphire Reserve card’s up to $300 travel credit, however, is much easier to utilize because airline tickets, hotels, taxis, and more are considered travel purchases.

Bottom Line: When we compare statement/shopping credits, the Amex Platinum card offers more total value. However, you must use all of the benefits to maximize the value. The $300 credit on travel purchases offered by the Chase Sapphire Reserve card may be much easier to utilize given Chase’s definition of travel is quite broad. 

Rideshare Benefits

Amex Platinum Card

The Amex Platinum card includes up to $200 Uber Cash, split up into up to $15 increments each month (except December which gets up to $35 in credit). This is added to your Uber account as Uber Cash and can be used towards any Uber ride or Uber Eats delivery in the U.S.

Likewise, you’re automatically enrolled in Uber VIP (available only in select cities) when you add your Amex Platinum card to your Uber account. This gives you access to exclusive discounts and UberX VIP and Uber Black VIP rides. When you select this option, you’re only paired with the highest-rated drivers in your city at no additional cost.

These benefits only apply to the card’s primary cardholder and not any authorized users.

Chase Sapphire Reserve Card

Lyft purchases earn 10 points per dollar spent (through March 31, 2025) when they’re charged to your Chase Sapphire Reserve card — this means that a $10 ride would earn 100 Ultimate Rewards points!

Cardholders also receive complimentary Lyft Pink All Access for 2 years as well as 50% off the price of membership for the third year.

Hot Tip: Are you considering both of these credit cards? Be sure to consider the reasons you may (or may not) want 2 premium credit cards before deciding.

Travel Protection and Insurance

Car rental agreement
Primary car rental coverage provides peace of mind when renting a vehicle. Image Credit: Garsya via Shutterstock

It’s nice to experience luxury travel benefits, but occasionally, things do go wrong. When they do, you may turn to your premium travel rewards credit card for coverage and assistance.

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BenefitAmex Platinum CardChase Sapphire Reserve Card
Car Rental CoverageSecondary coveragePrimary coverage
Premium Roadside AssistanceNone4 service calls per year, maximum benefit, $50 each call
Emergency Medical and DentalNone$2,500 medical/dental coverage ($50 deductible per day), $75 per day for prescribed hotel needed due to covered loss for up to 5 days
Trip Cancellation/InterruptionUp to $10,000 per trip, and a maximum limit of $20,000 per card per 12-month periodUp to $10,000 per trip per person, $20,000 per incident
Trip DelayUp to $500 for trip delays of more than 6 hoursUp to $500 for trip delays of more than 6 hours
Baggage DelayNoneUp to $100 per day for up to 5 days for delays of more than 6 hours
Lost, Stolen, or Damaged LuggageUp to $3,000 for carry-on, $2,000 for checkedUp to $3,000 per person per trip checked or carry-on
Emergency Transportation/EvacuationIncluded, no stated limit$100,000

Bottom Line: The Chase Sapphire Reserve card is known for its comprehensive travel benefits, including primary rental car insurance and limited medical/dental coverage. The Amex Platinum card offers cardholders travel insurance benefits like complimentary emergency transportation and evacuation with no stated limit but does not offer roadside assistance or baggage delay.

Shopping Protections

When comparing shopping protections and benefits, both cards offer similar coverage:

  • Purchase Protection — Qualifying items are covered on both cards for damage up to $10,000, with a maximum of $50,000 per year (up to 90 days from the purchase date for the Amex Platinum card and up to 120 days from the date of purchase for the Chase Sapphire Reserve card.)
  • Extended Warranty — Both cards offer an additional year of manufacturer’s warranty protection; the Amex Platinum card offers an additional year on warranties of 5 years or less, whereas the Chase Sapphire Reserve card offers an additional year on warranties 3 years or less
  • Return Protection — Coverage provided on both cards for up to 90 days from the purchase date; $300 per item on the Amex Platinum card and $500 per item on the Chase Sapphire Reserve card

Bottom Line: While one does not select a premium travel rewards credit card based solely on shopping-related protections, it is good to know that both cards offer similar shopping coverage

Food Delivery Benefits

Amex Platinum Card

As previously mentioned, the Amex Platinum card receives up to $200 in Uber Cash that can be used towards any Uber Eats delivery or Uber ride in the U.S.

Chase Sapphire Reserve Card

The card offers a free DoorDash DashPass subscription so long as it’s activated by December 31, 2024. This subscription is usually $9.99 monthly and includes free delivery and discounted service fees on select DoorDash orders over $12. There’s also a $5 monthly DoorDash credit available.

Additional Benefits Offered by Both Cards

You will find the following benefits offered on both the Amex Platinum card and the Chase Sapphire Reserve card:

  • No Foreign Transaction Fees — Neither card charges a foreign transaction fee
  • VIP Access to Events — The Chase Sapphire Reserve card’s “Reserve Experiences” and the Amex Platinum card’s “By Invitation Only” benefits offer unique experiences available exclusively to cardholders
  • Member Concierge Services — Each card has its own concierge service to assist with travel planning, booking event/dining reservations, and arranging VIP access to special events

Final Thoughts

Both cards are designed for the frequent traveler, but which card is best for you depends on which benefits you deem most important.

The Chase Sapphire Reserve card focuses more on overall earnings, significant redemption values, and travel-related protections and insurance.

The Amex Platinum card has strengths that center on luxury travel benefits with elevated earnings narrowed to specific travel purchases. The card provides valuable no-stated-limit emergency transportation or evacuation benefits that can provide peace of mind when traveling.

Both cards offer the flexible option of transferring points to travel partners for the potential of even greater value for your points. There is no clear winner or loser here as both cards offer tremendous value for the right frequent traveler. The card that fits your spending patterns and benefit preferences and has protections/insurance you can use will be the best choice.

For the Trip Cancellation and Interruption Insurance benefit of The 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 Car Rental Loss & Damage Insurance benefit of The 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 Plan benefit of The 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 Trip Delay Insurance benefit of The 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 Premium Global Assist Hotline benefit of The 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 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 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 Return Protection benefit of The Platinum Card® from American Express, with Return Protection, 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. Please visit americanexpress.com/benefitsguide for more details.

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

Frequently Asked Questions

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

The best card for you will depend on your spending mix and your travel benefit preferences.

If you enjoy luxury travel benefits and spend a lot on flights and prepaid hotels you will realize the most value with the Amex Platinum card.

If you spend more on overall travel in general, in addition to hotels and flights, you may earn more rewards overall with the Chase Sapphire Reserve card. This is because travel, such as tours, cruises, train travel, taxis, and more are included in the broad travel definition of the Chase Sapphire Reserve card. Dining purchases also receive 3x earnings.

The Chase Sapphire Reserve card also offers lounge access (but to a drastically lesser extent than the Amex Platinum card) and a very strong collection of travel protections and insurance.

Each card offers tremendous value for the right frequent traveler.

Which points are worth more for travel, Membership Rewards points or Ultimate Rewards points?

The value of your rewards points, when redeemed for travel, will depend on how the points are redeemed.

One option is to transfer your points to airline or hotel programs; both programs allow you to do this.

Value will vary based on the airline or hotel program. American Express has more transfer partners but Chase has partners like World of Hyatt that also provide excellent redemption value.

Membership Rewards points can be redeemed for up to 1 cent per point towards travel with Amex Travel and Chase Ultimate Rewards points can be redeemed at 1.5 cents per point for travel through the Chase Ultimate Rewards travel portal.

Chase Ultimate Rewards can be worth more when redeemed through the Ultimate Rewards travel portal. Membership Rewards may be worth more when redeemed with the right airline transfer partner.

Which credit card has the best airport lounge access?

The Amex Platinum card offers access to more properties and to higher-end lounges than the Chase Sapphire Reserve card.

The Amex Platinum card’s complimentary lounge access is valid for several lounge networks including Centurion Lounges, Priority Pass lounges, Delta Sky Clubs, Plaza Premium Lounges, and more.

The Chase Sapphire Reserve card offers lounge access to Priority Pass lounges and Chase Sapphire Lounges by The Club only.

Which credit card has the best car rental insurance?

The Chase Sapphire Reserve card provides primary car rental coverage while the Amex Platinum card offers secondary coverage.

Secondary coverage means that you must first file a claim with your own auto insurance before coverage kicks in.

Additional terms and conditions apply but the Chase Sapphire Reserve card offers better coverage.

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.

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