Credit Cards (US)

Chase Sapphire Preferred® or Sapphire Reserve®?

Wondering which card is right for your financial needs? Check out our side-by-side comparison of the Chase Sapphire Preferred® and Chase Sapphire Reserve® credit cards.

Chase Sapphire Preferred® vs. Chase Sapphire Reserve®: which is the best option?

Learn which is the best card between the Chase Sapphire Preferred® and the Chase Sapphire Reserve®. Source: The Mister Finance.
Learn which is the best card between the Chase Sapphire Preferred® and the Chase Sapphire Reserve®. Source: The Mister Finance.

Are you debating whether to get the Chase Sapphire Preferred® or the Chase Sapphire Reserve® credit card? You’re not alone in your dilemma – many people are trying to decide which of these popular cards gives them the most bang for their buck.

That’s why we’ve put together this comprehensive comparison, so you can make an informed decision about which card best suits your needs and lifestyle.

From how each rewards system works to what bonuses they offer, we’ll go over all the details and weigh up the pros and cons of both cards. Keep reading our Chase Sapphire Preferred® vs. Sapphire Reserve® comparison to learn which is the best option for your needs.

Chase Sapphire Preferred®

How do you get the Chase Sapphire Preferred® Card?

Do you love traveling and dining? Then you must want the Chase Sapphire Preferred card. Read more to know how to get this great travel card!

Chase Sapphire Reserve® Credit Card

How do you get the Chase Sapphire Reserve® Card?

Do you want incredible travel and dining perks in one credit card? Then, read more to know how to apply for the Chase Sapphire Reserve card!

Comparison Table

Chase Sapphire Preferred®Chase Sapphire Reserve®
Sign-up bonus*
60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.

* Terms apply
80,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening.

*Terms apply
Annual feeThis credit card charges a $95 annual fee.There is a $550 annual fee.
Rewards*5x points on travel purchased through Chase Ultimate Rewards®;
2x on other travel purchases;
3x points on dining, including eligible delivery services, takeout and dining out;
3x points on online grocery purchases (excluding Target, Walmart and wholesale clubs);
Earn 3x points on select streaming services;
1 point per dollar spent on all other purchases.

*Terms apply

5x total points on flights purchased through Chase Ultimate Rewards® after the first $300 is spent on travel purchases annually;
10x total points on hotels and car rentals purchased through Chase Ultimate Rewards® after the first $300 is spent on travel purchases annually;
3x points on other travel worldwide after the first $300 is spent on travel purchases annually;
10x total points on Chase Dining purchases with Ultimate Rewards®;
3x points on other dining at restaurants, including eligible delivery services, takeout and dining out;
1 point per dollar spent on all other purchases.

*Terms apply
Other perks*You can transfer the points you earned to travel partners (1:1 rate).

Get access to travel protections.

Get access to the Pay Yourself Back program.

*Terms apply
You can get a $50 annual credit when you book hotel stays through Chase Ultimate Rewards.

You can earn points worth 10% of the purchases you made in the previous year (earn the points on each account anniversary.)

Get access to 1:1 transfers to transfer partners.

*Terms apply
APR*20.74% – 27.74%variable APR.

*Terms apply

21.74% – 28.74% variable APR

*Terms apply

Chase Sapphire Preferred®

Check all the features and benefits of the Chase Sapphire Preferred® Card. Source: The Mister Finance.
Check all the features and benefits of the Chase Sapphire Preferred® Card. Source: The Mister Finance.

The Chase Sapphire Preferred® Credit Card can be an amazing choice for those who love to travel frequently. Also, if you are new to using miles and are still learning how to get the best out of them, this card can be great to use!

Moreover, you can easily transfer the points you earn to more than a dozen travel partners. In addition, with the Pay Yourself Back program offered by this card, you can redeem your rewards with a 25% increase.

Even though this credit card charges an annual fee of $ 95, you can make up for it by wisely using the benefits that this card offers.

And for those who need to make a lot of foreign transactions, this can card can also be great. That is because this credit card does not charge foreign transaction fees.

Chase Sapphire Reserve®

What's so special about the Chase Sapphire Reserve® Card? Source: The Mister Finance.
What’s so special about the Chase Sapphire Reserve® Card? Source: The Mister Finance.

The Chase Sapphire Reserve credit card is also amazing for people who love traveling. Also, you can get the maximum out of rewards points and earnings with this card. So, here is a highlight of some of the best rewards offered by this card are:

  • 10X points on hotels and car rentals (when purchasing with Chase Ultimate Rewards.)
  • Earn up to 5X points for purchases related to air travel (with Chase Ultimate Rewards.)
  • Earn 3X points on all other travel and dining spendings.

Moreover, this credit card can get you 80,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening.. But the offer only stands after you spend that amount within the first three months after you opened your account.

Also, to get this credit card, you will need an excellent credit score. So, you should have a credit score of at least 740 points to apply for this Chase card. But working toward a score this high can be worth it so you can enjoy all the great benefits of this Chase credit card.

Benefits of the Sapphire Preferred

  • The welcome bonus offered by this credit card can be quite generous. As a new cardholder, you can earn 60,000 bonus points after you spend $4,000. But you have to spend this amount within the first three months of opening your account to get the bonus.
  • You can get a 10% point bonus on your card anniversary.
  • There are no foreign transaction fees.
  • $50 annual credit on hotel stays if you book them with the Chase Travel feature.

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Benefits of the Sapphire Reserve

  • You can get a $300 annual travel credit on every account anniversary year.
  • Earn 3X points on dining that includes qualifying delivery service, dining out, and also travel.
  • Earn 1X points for each dollar you spend on other spendings.
  • As a cardholder, you can get primary rental care security coverage.
  • This credit card offers many travel protection options.
  • The rewards rate for this card can be high.

Disadvantages of the Sapphire Preferred®

  • This card does not have an introductory APR offer to new cardholders.
  • The travel rewards offered by this card are only worth it if you book your travels through Chase.

Disadvantages of the Sapphire Reserve®

  • This credit card charges a very high annual fee.
  • To become a cardholder, you will need a very excellent credit score.
  • You can only get the high rate rewards if you make your purchases through the portal offered by Chase.

Chase Sapphire Preferred® or Sapphire Reserve®: which should you choose?

If you are a frequent traveler that wants a cost-effective credit card, the Chase Sapphire Preferred® Card might fit you best. That is because you can make the best out of this card’s rewards, considering the lower annual fee of $95.

But if you want a credit card that offers more benefits and amazing rewards, the Chase Sapphire Reserve® can be your choice. Even though this card charges a high annual fee of $550, if you can pay for it, you can enjoy the high-end features of this card.

However, you might want a credit card that can offer you more rewards for everyday spending and travel rewards as well. If that is the case, you can check out our post below with an overview of the Citi Premier® Card!

Citi Prestige® Citi Premier®

How to apply for the Citi Premier® Card

Do you love to get bonuses for daily purchases and also get travel rewards? Keep reading to learn how to apply for the Citi Premier® Card!

About the author  /  Victória Lourenço

Victória Lourenço is part of the finance writer team for The Mister Finance website. She is a translator and copywriter, having worked on finance topics for over four years. She has a goal to keep studying finances to help people learn more about how to use their credit cards, make loans, and use other money-related products in a way that they can find a more meaningful and healthy financial life!

Reviewed by  /  Aline Barbosa

Senior Editor

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