Those who spend a lot on lyft travel and dining will find the added points per dollar on those purchases rewarding.
Compare chase sapphire reserve and sapphire preferred.
Chase sapphire preferred while the chase sapphire reserve has a higher annual fee it makes up for it by offering elevated points earning on dining and travel airport.
The chase sapphire preferred card and the chase sapphire reserve both earn ultimate rewards points one of the most valuable loyalty currencies.
With the sapphire reserve you d earn 24 375 points on these purchases which are valued at 366 whereas with the sapphire preferred you d earn 16 850 points on these purchases which are valued at 211.
Both the chase sapphire preferred card and the chase sapphire reserve can take you a long way on points but with drastically different price tags.
Chase sapphire reserve vs.
While the chase sapphire reserve offers perks it.
Chase sapphire reserve vs.
The chase sapphire preferred gets a respectable 1 25 cents per point when you redeem points directly for travel at chase s travel portal.
The chase sapphire preferred card charges 95 per year for card membership while the chase sapphire reserve card charges a hefty 550 annual fee.
Timing of your applications.
The chase sapphire reserve earns more points per dollar on travel and restaurants than the chase sapphire preferred 3 points per dollar compared to 2 points per dollar on the csp.
It s important to consider how much you spend in these categories do the extra points offset the higher fee.
Spending at least 4 000 within 3 months of account opening earns you 50 000 bonus points with sapphire reserve and 80 000 bonus points with sapphire preferred.
But as mentioned above with the chase sapphire reserve.
The chase sapphire preferred has a lower 95 annual fee but if you use all the benefits from the sapphire reserve you d wind up with a lower effective annual fee.
In other words you have to choose between either the chase sapphire preferred or the chase sapphire reserve you can t have both unfortunately.
While reserve s bonus is redeemable for 750 in travel booked through chase ultimate rewards preferred s bonus is worth 1 000.