Is the The Platinum Card® from American Express or Chase Sapphire Reserve® better?

It depends on your spending. The Platinum Card has a net annual cost of $-2169.4 after credits, while the Sapphire Reserve costs $-305 net. Compare their earning rates and benefits to see which matches your spending habits.

What is the annual fee difference between the Platinum Card and Sapphire Reserve?

The Platinum Card has a $895 annual fee and the Sapphire Reserve has a $795 annual fee. However, both cards offer statement credits that reduce the effective cost.

Can I have both the Platinum Card and Sapphire Reserve?

Yes. Since the Platinum Card is issued by American Express and the Sapphire Reserve is issued by Chase, you can hold both. Many cardholders pair cards from different issuers to maximize rewards across spending categories.

Side-by-side comparison

Platinum Card vs Sapphire Reserve

American Express

Platinum Card

$895/yr

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Chase

Sapphire Reserve

$795/yr

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Basics

Annual fee

$895/yr

$795/yr

Rewards type

Amex Membership Rewards

Chase Ultimate Rewards

Annual credits

$3064.4/yr

$1100/yr

Net cost (fee − credits)

$-2169.4/yr

$-305/yr

Earning rates

All other spending

1x pts

Flights

5x pts

8x pts

Hotels

5x pts

8x pts

Car Rentals

—

8x pts

Dining

—

3x pts

Credits & Benefits

Up to $200 Airline Fee Credit

$200/yr

—

Up to $200 Uber Cash

$180/yr

—

Up to $120 Uber One Credit

$120/yr

—

Up to $155 Walmart+ Credit

$155.4/yr

—

Up to $100 Saks Credit

$50/yr

—

Up to $300 Equinox Credit

$300/yr

—

Up to $300 Digital Entertainment Credit

$300/yr

—

Up to $600 Hotel Credit

$300/yr

—

Up to $209 CLEAR Plus Credit

$209/yr

—

Up to $400 Resy Credit

$400/yr

—

Up to $300 Lululemon Credit

$300/yr

—

Up to $200 Oura Ring Credit

$200/yr

—

Up to $300 Travel Credit

—

$300/yr

The Edit Hotel Credit

—

$250/yr

Dining Credit

—

$150/yr

Perks & Features

Centurion Lounge Access

✓

—

Priority Pass Select Membership

✓

—

Global Entry / TSA PreCheck Credit

✓

Priority Pass Lounge Access

—

✓

Chase Sapphire Lounge Access

—

✓

Reserve Travel Designers

—

✓

Which card should you pick?

After accounting for credits and benefits, the Platinum Card has a lower net annual cost ($-2169.4/yr vs $-305/yr for the Sapphire Reserve), making it the more cost-effective choice if you use the credits.

The Platinum Card stands out with 5x pts on flights, while the Sapphire Reserve leads with 8x pts on flights. Pick the card that matches where you spend the most each month.

The Sapphire Reserve also offers more perks including Priority Pass Lounge Access and Global Entry / TSA PreCheck Credit.

Full Platinum Card review →Full Sapphire Reserve review →

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Which card should you pick?

The Platinum Card stands out with 5x pts on flights, while the Sapphire Reserve leads with 8x pts on flights. Pick the card that matches where you spend the most each month.

The Sapphire Reserve also offers more perks including Priority Pass Lounge Access and Global Entry / TSA PreCheck Credit.