13 Difference Between Chase Sapphire Preferred And Discover It Miles

1. Chase sapphire preferred is best card if you travel and dine out frequently, spend enough to cover annual fee and planning to use card abroad.
Go for discover it miles if you spend less than $10000 per year and want a card with 0% intro apr offer and with no annual fee.

2. Pros:

Chase Sapphire Preferred

Discover It Miles

Big Sign up bonus

1.5x miles on purchase

High reward rate for travel and dining at restaurant

Discover will match all the Miles you’ve earned at the end of your first year

Travel, purchase and security protection

Flexible redemption options.

$0 Foreign Transaction Fee

0% intro apr on purchase

Flexible travel rewards

No Foreign transaction fee

1:1 point transfer to frequent flier partner

No annual fee

3. Cons:

Chase Sapphire Preferred

Discover It Miles

$95 annual fee

Not widely accepted outside the U.S.

Not Worth for spending less than $10000 per year.

No traditional sign up bonus

No intro apr

No bonus categories

 

High regular apr

 

No airline or hotel transfer partner

4. Reward Rate:

Chase Sapphire Preferred:

2:1 travel and restaurants
1:1 general purchases

Discover It Miles:

1.5 miles per dollar (worth 1.5 % Cash Back) on general purchases.

5. Sign Up Bonus:

Chase Sapphire Preferred:

Earn 60,000 bonus points (worth $750 towards travel ) after spending $4,000 in the first three months.

Discover It Miles:

Discover will match all the Miles you’ve earned at the end of your first year, automatically.

6. Annual Fee:

Chase Sapphire Preferred:

$95

Discover It Miles:

$0

7. Regular Apr:

Chase Sapphire Preferred:

18.24% – 25.24% Variable APR

Discover It Miles:

14.24% – 25.24% Variable APR

8. Intro Apr:

Chase Sapphire Preferred:

N/A

Discover It Miles:

0% on Purchases for 14 months
10.99% on Balance Transfers for 14 months

9. Credit Needed:

Chase Sapphire Preferred:

690 – 850 Good to Excellent

Discover It Miles:

690 – 850 Good to Excellent

10. Foreign Transaction Fee:

Chase Sapphire Preferred:

None

Discover It Miles:

None

11. Other Benefits:

Chase Sapphire Preferred:

Travel insurance
Rental car insurance
Priority access
Purchase Protection
Extended Warranty
Baggage delay insurance
No foreign transaction fees

Discover It Miles:

No late fee on your first payment
No penalty APR
free FICO credit score
Price protection
Free social security number alerts

12. Get Chase Sapphire Preferred Card:

If you are frequent traveler and dine out frequently.
If you want large sign up bonus.
If you want more value of reward points for travel redemption.

13. Get Discover It Miles Card:

If you are small spender.
If you are interested in 0% intro apr offer.
If you want more rewards in first year.
If you want travel card with flexible redemption and no annual fee.
If you mostly travel domestically.

Chase Sapphire Preferred Card Review With Pro And Cons

Discover It Miles Credit Card Review With Pro And Cons

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14 Difference Between Capital one Venture And Chase Sapphire Preferred

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