Chase has two Sapphire credit cards that are popular among avid travelers and they include the Chase Sapphire Reserve and the Sapphire Preferred. For your financial well-being, we will compare the two cards to help you decide which is the best option for your needs.
Chase Sapphire Reserve Vs Chase Sapphire
Two of the most talked-about travel credit cards available are the Chase Sapphire Reserve vs Chase Sapphire Preferred.
This is because of the excellent travel insurance, first-rate benefits, and worthwhile Ultimate Rewards program. Which one, nevertheless, fits you the best?
You could think that the Chase Sapphire Reserve is always a better option because it has more luxury amenities and a larger annual fee.
In light of your purchasing patterns, travel preferences, and current credit card portfolio, the Sapphire Preferred may be a better fit for your wallet.
To assist you in making the best choice, we will compare the two cards below.
Sapphire Preferred vs. Sapphire Reserve Comparison
Here is a concise table containing the heat points in the Chase Sapphire Reserve vs Chase Sapphire Preferred comparison
|Chase Sapphire Preferred
|Chase Sapphire Reserve
|2x points on travel and dining, 1x on everything else
|3x points on travel and dining, 1x on everything else
|60,000 points after you spend $4,000 on purchases in the first three months
|50,000 points after you spend $4,000 on purchases in the first three months
|Point value for UR portal redemptions
|$300 annual travel creditGlobal Entry/TSA PreCheck application fee credit (up to $100) $60 annual DoorDash credit (through Dec. 31, 2021)
|Priority Pass Select
|Authorized user fee
Sapphire Preferred vs. Sapphire Reserve Welcome Bonus
Presently, the Sapphire Reserve and Sapphire Preferred offer the same 60,000-point welcome incentive once you spend $4,000 during the first three months of creating an account.
However, bear in mind that if you haven’t gotten a bonus from one of these cards in the previous 48 months, you aren’t qualified for a welcome bonus on any of them.
Additionally, before applying, confirm that you qualify for the card and its bonus as both are subject to Chase’s 5/24 criteria.
Sapphire Preferred vs. Sapphire Reserve Benefits
still in this Chase Sapphire Reserve vs Chase Sapphire Preferred comparison, where the Sapphire Reserve excels in the differences in advantages.
Along with access to Chase and Priority Pass lounges, a $300 yearly travel credit, and a $100 fee credit for Global Entry, TSA PreCheck, or Nexus every four years are all included with it.
In addition, the Sapphire Reserve gives you access to Chase’s Luxury Hotel & Resort Collection, which offers advantages including a $100 on-property credit.
Nevertheless, there are a few advantages to the Sapphire Preferred.
Along with it, you’ll receive 10% of your entire year’s expenditures in points bonus, as well as an annual $50 Ultimate Rewards hotel credit.
Additionally, you will receive a free DoorDash DashPass subscription for a minimum of a year, a free six-month Instacart+ membership, and up to $15 in quarterly Instacart statement credits.
Although the travel and purchase safeguards offered by both cards are outstanding, the Sapphire Reserve offers more comprehensive benefits.
Earning Points with the Sapphire Preferred vs. Sapphire Reserve
Through March 2025, the Sapphire Preferred can accrue five points for every dollar spent on trips booked through Chase Ultimate Rewards, Lyft rides, and purchases of Peloton equipment and accessories exceeding $150.
The maximum point accumulation is 25,000.
Additionally, it receives two points for eligible travel purchases, one point for all other transactions, and three points for dining, and online grocery.
In contrast, the Sapphire Reserve accrues 10 points for every dollar spent on lodging, vehicle rentals, Chase Dining, Lyft trips, and Peloton accessory and equipment purchases.
It earns five points per dollar on flights bought through the Ultimate Rewards portal, three points per dollar on dining and travel purchases, and one point per dollar on all other purchases.
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Redeeming Points with the Sapphire Preferred vs. Sapphire Reserve
You can use any of the Sapphire Preferred or Sapphire Reserve cards to redeem Chase Ultimate Rewards points, as they both do.
Also, you can use them to plan trips through the Ultimate Rewards portal or use Chase’s Pay Yourself Back option.
However, transferring them to any of the airline and hotel partners is the most valuable way to redeem them.
You can also exchange your points for gift cards or cash back, but doing so will reduce the value of your points; therefore, we advise utilizing your points for travel whenever possible.
Your points are worth more with the Sapphire Reserve, though, whether you’re utilizing Chase Pay Yourself Back or the Ultimate Rewards portal to redeem them.
It will yield a value of 1.5 cents per point, whereas the Sapphire Preferred will only yield a value of 1.25 cents per point.
Should I Get One Card Over the Other?
You’ll probably get the most out of the Sapphire Reserve if you can utilize the yearly trip credit and don’t have another card that allows you to visit airport lounges.
At a significantly reduced annual fee, the Sapphire Preferred will provide you with outstanding earning rates and redemption possibilities if you don’t travel frequently or want to keep your spending down.
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How to Upgrade from the Sapphire Preferred to the Sapphire Reserve
The ideal course of action if you now have a Sapphire Preferred and would like a Sapphire Reserve, is to first downgrade your Preferred to a Chase card with no annual fees.
By phoning the number located on the back of your card, you can make this request.
If you meet the requirements of Chase’s 5/24 rule and have not earned a bonus on your Chase Sapphire Preferred over the last 48 months, you can then apply and receive the welcome bonus.
By phoning the number on the back of your card, you can also downgrade your Reserve to a Preferred card.
It is preferable to downgrade your Reserve to a no-annual-fee card first and then apply again for the Preferred to receive the welcome bonus, as you would lose out on the Preferred’s welcome incentive.
Call the number on the back of your card to request a product switch from one card to the other.
You will, however, be unable to receive a welcome bonus on your new card if you choose this course.
In conclusion, the Chase Sapphire Preferred and Chase Sapphire Reserve are our for their strong earning rates, extensive travel protections, and valuable transfer partners.
Whichever card is better for you relies on your travel goals and spending habits, but you can’t go wrong with either card.