\n<\/p>\n
Editor\u2019s note: This is a recurring post, regularly updated with new information and offers.<\/em><\/p>\n The Chase Sapphire Reserve<\/a> and the Chase Sapphire Preferred Card<\/a> are two of the most talked-about travel credit cards<\/a> on the market, thanks to the valuable Ultimate Rewards program<\/a>, top-notch benefits and great travel protections<\/a>. But which one is the best match for you?<\/p>\n You might assume that the Chase Sapphire Reserve \u2014 with a higher annual fee and more luxury benefits \u2014 is always the better choice. It is the higher-tier card, but that may not necessarily mean it\u2019s the best card for you. Depending on your spending habits, travel goals and existing credit card lineup, the Sapphire Preferred could be the more attractive option for your wallet.<\/p>\n Currently, the Sapphire Reserve<\/a> has a sign-up bonus of 60,000 bonus points after you spend $4,000 on purchases in the first three months from account opening. The Sapphire Preferred<\/a>, on the other hand, currently has an elevated offer of 80,000 bonus points after you spend $4,000 on purchases in the first three months from account opening.<\/p>\n We\u2019ll compare the two cards below to help you make the best decision.<\/p>\n Before we get into the benefits of these two cards, note that you can\u2019t hold both the Sapphire Preferred and the Sapphire Reserve simultaneously. You must also wait at least 48 months<\/a> after earning the sign-up bonus on one card before earning it on the other. That\u2019s why making an informed decision from the start is so important.<\/p>\n Also, ensure you don\u2019t bump up against Chase\u2019s infamous 5\/24 rule<\/a> to maximize your chances of approval.<\/p>\n 5 points per dollar on Lyft.<\/p>\n 5 points per dollar on Peloton equipment and accessory purchases of $250 or more with a max earn of 25,000 total points through March 2025.<\/p>\n 3 points per dollar on dining at restaurants worldwide, online grocery purchases and select streaming services.<\/p>\n 2 points per dollar on all other travel.<\/p>\n 1 point per dollar on everything else.<\/p>\n<\/td>\n 10 points per dollar on Lyft.<\/p>\n 10 points per dollar on Peloton equipment and accessory purchases of $250 or more with a max earn of 50,000 total points through March 2025.<\/p>\n 5 points per dollar on flights purchased through the Ultimate Rewards portal.<\/p>\n 3 points per dollar on dining and all other travel.<\/p>\n 1 point per dollar on everything else.<\/p>\n<\/td>\n<\/tr>\n 10% anniversary points boost.<\/p>\n<\/td>\n Global Entry\/TSA PreCheck application fee credit (up to $100).<\/p>\n<\/td>\n<\/tr>\n Related: Read TPG\u2019s reviews of the Chase Sapphire Preferred<\/a> and Chase Sapphire Reserve<\/a><\/b><\/p>\n It\u2019s also worth comparing the coverage these two cards offer for things such as travel delays<\/a>, trip cancellation<\/a> and purchase protection<\/a>. Although they offer some identical benefits, there are a few differences:<\/p>\nSapphire Preferred vs. Sapphire Reserve overview<\/h2>\n
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\n \n Card<\/h3>\n<\/th>\n
\n Chase Sapphire Preferred<\/h3>\n<\/th>\n
\n Chase Sapphire Reserve<\/h3>\n<\/th>\n<\/tr>\n<\/thead>\n\n
\n Annual fee<\/strong><\/td>\n $95.<\/td>\n $550.<\/td>\n<\/tr>\n \n Earning rates<\/strong><\/td>\n 5 points per dollar on travel purchased through the Ultimate Rewards portal.<\/p>\n 10 points per dollar on hotels, car rentals and Chase Dining purchased through the Ultimate Rewards portal.<\/p>\n \n Sign-up bonus<\/strong><\/td>\n 80,000 bonus points after you spend $4,000 on purchases in the first three months from account opening.<\/td>\n 60,000 bonus points after you spend $4,000 on purchases in the first three months from account opening.<\/td>\n<\/tr>\n \n Value for Ultimate Rewards travel redemptions<\/strong><\/td>\n 1.25 cents.<\/td>\n 1.5 cents.<\/td>\n<\/tr>\n \n Built-in credits<\/strong><\/td>\n $50 annual ultimate rewards hotel credit.<\/p>\n $300 annual travel credit.<\/p>\n \n Lounge access<\/strong><\/td>\n None.<\/td>\n Priority Pass Select.<\/td>\n<\/tr>\n \n Authorized user fee<\/strong><\/td>\n $0.<\/td>\n $75 for each user per year.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n Travel coverage and purchase protection<\/h2>\n