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I’ve been a Chase Sapphire Preferred Cardholder for a long time. Last year Chase introduced the premium Visa Infinite card Chase Sapphire Reserve. The Sapphire Reserve had a much larger bonus for a few months but no longer does.
Which card is better — but more importantly which card is better for your needs? Sapphire Reserve has a much higher annual fee, but also earns more for travel and dining spend and comes bundled with benefits like a Priority Pass Select card for airport lounge access.
Points from both cards can be transferred to frequent flyer programs.
- Airlines: United, Singapore, Southwest, Korean, Air France KLM, British Airways, Virgin Atlantic
- Hotels: Hyatt, Marriott, Ritz-Carlton, IHG Rewards Club
I’ve Stayed 5 Times Using Points at the Park Hyatt Hadahaa, Maldives
Here’s a comparison between the two products:
Sapphire Preferred has the bigger signup bonus now, with the extra 5000 points offer for an authorized user.
Here’s my advice:
- Sapphire Preferred is the best card to start with, getting over the $450 annual fee hump is a hurdle, get Sapphire Preferred and see the value of the points before committing.
- I do think the annual fee for the Sapphire Reserve Card is worth it especially with the travel credit (if you spend money on travel, whether air or hotel or Uber) and if you spend a few thousand dollars a year in travel and dining (so that the extra points-earning justifies the cost).
- If you have only gotten 1 or 2 cards in the past couple of years, I’d get the Sapphire Preferred — and then a few months down the line get the Sapphire Reserve (it might even have a higher signup bonus in the future, since it used to have one in the recent past).
Both cards are subject to ‘5/24’ for many applicants, meaning Chase is tough on approvals for folks who have had 5 or more new cards in the past 24 months.