Chase Sapphire Preferred vs Reserve

Disclosure: Basic Travel Couple, LLC has partnered with CardRatings for our coverage of credit card products. Basic Travel Couple, LLC and CardRatings and MileValue may receive a commission from card issuers. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.

Note: Some of the offers mentioned below may have changed or are no longer available. The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. You can view our current offers here.

It’s no secret that we are big fans of Chase products. Chase Sapphire products are our favorite Travel Credit Card. Chase branded credit cards with their own point system, called Ultimate Rewards. The Ultimate Rewards have their own portal where you can book flights, hotels, and even car rentals or excursions. You can also transfer the points to multiple airlines/hotels. This makes these points SUPER versatile and we love collecting them. There are even a few business cards you can get with Chase to collect these points. You can check out our Top Credit Cards for more.

One thing to note is you cannot hold both the Chase Sapphire Reserve Card (CSR) and Chase Sapphire Preferred Card (CSP) at the same time. You also cannot get the bonus within 48 months of each other. So if you opened the CSR and received the welcome offer on January 1, 2022, you’d have to wait until February 2026 to open the CSP. You also would have to close or downgrade your Sapphire product..


Chase Sapphire products are very similar in their benefits, however, depending on your travel and uses, will depend on which card you should hold. Lets break them both down.

Chase Sapphire Reserve

Chase Sapphire Reserve is the higher end of the two Sapphire products. Coming in with a whopping $550 Annual Fee is enough to scare most people away. However, we love it for many reasons. If you are an avid traveler that travels 4+ times per year, this card is the better option for you. Here are a few reasons why:

Ultimate Rewards Points
after you spend $4,000 on purchases in the first 3 months from account opening.

$550 Annual Fee

Ultimate Rewards Points
after you spend $4,000 on purchases in the first 3 months from account opening.

$550 Annual Fee

Chase Sapphire Preferred

We will get into the side-by-side comparison, but the Chase Sapphire Preferred Card offers a lower annual fee, and an elevated 60,000 welcome offer.

  • $95 Annual Fee
  • 60,000 welcome offer after spending $4,000 in 3 months
  • 3x on dining, select streaming services and online grocery purchases (excluding Target, Walmart, and Wholesale clubs). Also excludes in-store grocery purchases
Ultimate Rewards Points
after you spend $4,000 on purchases in the first 3 months from account opening.

$95 Annual Fee

Ultimate Rewards Points
after you spend $4,000 on purchases in the first 3 months from account opening.

$95 Annual Fee

Side by side comparison of the differences

Both cards offer a variety of perks in regard to Travel Credits, however, there is one clear winner if you travel often. If you don’t plan on traveling much in the next year though, I’d opt for the Chase Sapphire Preferred first to get the higher welcome offer, then product change to the Chase Sapphire Reserve when your travel picks back up to utilize the other perks.


Both cards offer great travel benefits, while some of them vary a bit. Here are what is the same:

  • Trip Cancellation Insurance– Up to $10,000 per covered trip
  • Baggage Delay Insurance– up to $500 per day for 5 days
  • Lost Luggage Reimbursement– Up to $3,000 per person (up to $500 per person for jewelry, watches, cameras, video recorders, and other electronic equipment)
  • 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.
  • Door Dash– Both cards currently offer 1-year subscription to Door Dash which gives you unlimited deliveries with $0 delivery fee and also a reduced service fee on orders over $12. Subscription must be activated by December 31, 2021.

*Please note: Please see Chase.com for more information on the terms and conditions of these cards*

Other Travel Protection

They both offer great travel benefits, but they have some slight variations. The Chase Sapphire Reserve is slightly better protection, but the Chase Sapphire Preferred still offers protection when you use the card to purchase travel.

A good thing to note: If you open one and decide you want the other, you can always product change after a year! Simply call and ask to be switched.

Basic Review

If you travel less than 3-4x per year, the Chase Sapphire Preferred is probably your best bet. However, if you travel more than that, I’d go for the Chase Sapphire Reserve. Priority Pass Lounge Access and TSA Precheck/Global Entry are well worth it. (Also note, if you get Global Entry, you also get TSA Precheck, so the better option is to just get both)

In our house, we each have one of the cards. Dave holds the CSP and I have CSR.

I’d love to hear in the comments below or over in our 7,800+ Member Basic Travel Facebook Group!

New to Credit Card Rewards Points? Check out the BASICS Below!

Editorial Disclaimer: Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

The comments section below responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

Leave a Reply

Your email address will not be published. Required fields are marked *

5 Basic Travel Strategies

Need-to-know tricks for cheap travel.

Top Credit Card Offers

Chase Freedom Flex℠

Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening

Citi Premier Credit Card

Earn 60,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening

Chase Sapphire Preferred® Card

Earn 60,000 Ultimate Rewards Points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.

American Express® Gold Card

Earn 60,000 Membership Rewards® points after you spend $4,000 on eligible purchases with your new Card within the first 6 months of Card Membership.


We're Dave & Lisa

An easy-going, fun-loving couple who have a passion for adventure and exploring the world! Our strategies have saved us over $100,000 in travel over the last four years, and our goal is to help you do the same.

Keep Exploring