Chase Sapphire Preferred vs. Reserve: Which Is Right for You?
We break down the annual fees, earning rates, and perks to help you decide which Sapphire card fits your travel style.
The Chase Sapphire Preferred and Sapphire Reserve are two of the most popular travel credit cards. Both earn Chase Ultimate Rewards points, but the similarities end there. Let's break down which one makes sense for your spending.
Annual Fee
- Preferred: $95/year
- Reserve: $550/year (with $300 travel credit, effectively $250)
Earning Rates
Both cards earn bonus points on travel and dining, but the Reserve edges ahead with 3x on travel vs. the Preferred's 2x.
The Bottom Line
If you spend less than $10,000/year on travel and dining, the Preferred is your best bet. Heavy travelers who value lounge access and higher earn rates should go Reserve.