Chase Preferred Vs Reserve

1. If you do not mind to pay $450 annual fee go with chase sapphire reserve. You will get $300 annual travel credit, higher reward rate and higher redemption value. You will also get airport lounge access and other benefits.

If you spend less on travel and dining to justify $450 annual fee, go with chase sapphire preferred.

You will not go wrong with either card.

2. Pros:

Chase Sapphire Preferred

Chase Sapphire Reserve

Less annual fee compare to sapphire reserve

$300 annual travel credit

Very large sign up bonus

Very large sign up bonus

No authorise user fee

Lounge access

 

High point value for redemption

 

More travel perks and purchase protection

 

High reward rate compare to chase sapphire preferred

 

Up to a $100 TSA PreCheck or Global Entry application fee credit every four years.

3. Cons:

Chase Sapphire Preferred

Chase Sapphire Reserve

Low reward rate compare to chase sapphire reserve

$450 annual fee

Less travel perks and purchase protection

Have to use card enough to justify $450 annual fee

No lounge access

 

No annual travel credit

 

Less point value for redemption

 

4.

 

Chase Sapphire Preferred

Chase Sapphire Reserve

Reward Rate:

2X points per dollar on travel and dining

1X on everything else

3X points per dollar on travel* and dining

1X on everything else

Annual Fee:

$95

$450

Sign Up Bonus:

60,000 points after you spend $4,000 on purchases in the first three months

50,000 bonus Ultimate Rewards points for spending $4,000 in the first 3 months

Regular Apr:

17.74% – 24.74% Variable

18.74% – 25.74% Variable

Intro Apr:

N/A

N/A

Authorised Use Fee

$0

$75

Lounge Access

N/A

Priority Pass Select

Point Value For Redemption

1.25 Cents

1.5 Cents

Travel Credit

N/A

$300 annual travel credit, $100 application fee credit for Global Entry or TSA Pre

Purchase Protection

Covers your new purchases for 120 days against damage or theft up to $500 per claim and $50,000 per account.

Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per year.

Auto Rental Collision Damage Waiver

Decline the rental company’s collision insurance and charge the entire rental cost to your card. Coverage is primary and provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most rental cars in the U.S. and abroad.

Coverage is primary and provides reimbursement up to $75,000 for theft and collision damage for rental cars in the U.S. and abroad.

Baggage delay insurance

Up to $100 per day for up to 5 days

Up to $100 a day for 5 days.

Extended Warranty Protection

Extends the time period of the U.S. manufacturer’s warranty by an additional year, on eligible warranties of three years or less.

Extends the time period of the U.S. manufacturer’s warranty by an additional year, on eligible warranties of three years or less.

Trip Cancellation/Interruption Insurance

If your trip is canceled or cut short by sickness, severe weather and other covered situations, you can be reimbursed up to $10,000 per person and $20,000 per trip for your pre-paid, non-refundable travel expenses, including passenger fares, tours, and hotels.

If your trip is canceled or cut short by sickness, severe weather and other covered situations, you can be reimbursed up to $10,000 per person and $20,000 per trip for your pre-paid, non-refundable travel expenses, including passenger fares, tours, and hotels.

Trip Delay Reimbursement

If your common carrier travel is delayed more than 12 hours or requires an overnight stay, you and your family are covered for unreimbursed expenses, such as meals and lodging, up to $500 per ticket.

If your common carrier travel is delayed more than 6 hours or requires an overnight stay, you and your family are covered for unreimbursed expenses, such as meals and lodging, up to $500 per ticket.

Emergency Evacuation & Transportation

If you run into a problem away from home, call the Benefit Administrator for legal and medical referrals or other travel and emergency assistance. (You will be responsible for the cost of any goods or services obtained.)

If you or a member of your immediate family are injured or become sick during a trip far from home that results in an emergency evacuation, you can be covered for medical services and transportation up to $100,000.

     

5. Reason To Choose Chase Sapphire Preferred:

Lower annual fee.
No authorise user fee.
Same airline and hotel reward points transfer partner.
Easier to get aproved.

6. Reason to Choose Chase Sapphire Reserve:

$300 annual travel credit and other premium travel perks.
Higher reward rate.
50% more redemption value.
Better travel accident insurance.
Up to a $100 TSA PreCheck or Global Entry application fee credit every four years.
Complimentary Airport Lounge Access

Chase Sapphire Preferred Card Review With Pro And Cons

Chase Sapphire Reserve Card Review With Pro And Cons

Related Differences:

11 Difference Between Chase Sapphire Preferred And Discover It Cash Back

15 Difference Between Chase Sapphire Reserve And American Express Platinum

10 Difference Between Chase Sapphire Preferred And Chase Freedom Unlimited

16 Difference Between Chase Sapphire Preferred And Bank Of America Travel Rewards

 

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