The American Express® Gold Card vs Chase Sapphire Preferred® Card vs Chase Sapphire Reserve®

The American Express® Gold Card vs Chase Sapphire Preferred® Card vs Chase Sapphire Reserve®

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

Amex recently revamped the American Express® Gold Card, leaving many consumers wondering how the card compares to other popular premium cards, like the Chase Sapphire Preferred® Card and the Chase Sapphire Reserve®. All three cards offer fantastic benefits, but we believe the American Express® Gold Card is the best card among the three for those who spend a large portion of their budgets at restaurants or at supermarkets. Regardless, the Chase cards are still worth exploring for some.

American Express® Gold Card vs Chase Sapphire Preferred® Card vs Chase Sapphire Reserve®: At a Glance

American Express® Gold Card
Chase Sapphire Preferred® Card
Chase Sapphire Reserve®
American Express® Gold Card
Chase Sapphire Preferred® Card
Chase Sapphire Reserve®
Annual Fee$250* See Rates & Fees$95**$550***
APRSee Pay Over Time APR15.99% - 22.99% Variable16.99%-23.99% Variable
Welcome Bonus60,000 Membership Rewards®; Points after you spend $4,000 on eligible purchases with your new Card within the first 6 months.Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 when you redeem through Chase Ultimate Rewards®. Plus earn a $50 statement credit towards grocery store purchases within your first year of account opening.Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
Estimated Bonus Value$350$800$750
{"alignsHorizontal":["left","left","left","left"],"alignsVertical":[],"columnWidths":["25%","25%","25%","25%"],"data":[["\u003C\/p\u003E\n\n\u003Cp\u003E","American Express\u00ae Gold Card","Chase Sapphire Preferred\u00ae Card","Chase Sapphire Reserve\u00ae"],["","\u003Cdiv class=\"ReactComponent--root\"\u003E\n \u003Cdiv class=\"js-react-component-rendered js-react-component-AffiliateImage\" data-component-name=\"AffiliateImage\"\u003E\n \u003Cdiv class=\"AffiliateImage--root AffiliateImage--align-left \"\u003E\u003Cdiv class=\"AffiliateImage--wrapper\"\u003E\u003Cimg alt=\"American Express\u00ae Gold Card\" class=\"Image--root \" src=\"https:\/\/cdn.comparecards.com\/uploads\/images\/items\/4576.png\"\/\u003E\u003C\/div\u003E\u003C\/div\u003E\n \u003C\/div\u003E\n\n \u003Cscript type=\"application\/json\" class=\"js-react-component\" data-component-name=\"AffiliateImage\"\u003E{\"align\":\"\",\"className\":\"\",\"imageURL\":\"https:\\\/\\\/cdn.comparecards.com\\\/uploads\\\/images\\\/items\\\/4576.png\",\"name\":\"American Express\\u00ae Gold Card\"}\u003C\/script\u003E\n\n\u003C\/div\u003E","\u003Cdiv class=\"ReactComponent--root\"\u003E\n \u003Cdiv class=\"js-react-component-rendered js-react-component-AffiliateImage\" data-component-name=\"AffiliateImage\"\u003E\n \u003Cdiv class=\"AffiliateImage--root AffiliateImage--align-left \"\u003E\u003Cdiv class=\"AffiliateImage--wrapper\"\u003E\u003Cimg alt=\"Chase Sapphire Preferred\u00ae Card\" class=\"Image--root \" src=\"https:\/\/cdn.comparecards.com\/uploads\/images\/items\/4288.jpg\"\/\u003E\u003C\/div\u003E\u003C\/div\u003E\n \u003C\/div\u003E\n\n \u003Cscript type=\"application\/json\" class=\"js-react-component\" data-component-name=\"AffiliateImage\"\u003E{\"align\":\"\",\"className\":\"\",\"imageURL\":\"https:\\\/\\\/cdn.comparecards.com\\\/uploads\\\/images\\\/items\\\/4288.jpg\",\"name\":\"Chase Sapphire Preferred\\u00ae Card\"}\u003C\/script\u003E\n\n\u003C\/div\u003E","\u003Cdiv class=\"ReactComponent--root\"\u003E\n \u003Cdiv class=\"js-react-component-rendered js-react-component-AffiliateImage\" data-component-name=\"AffiliateImage\"\u003E\n \u003Cdiv class=\"AffiliateImage--root AffiliateImage--align-left \"\u003E\u003Cdiv class=\"AffiliateImage--wrapper\"\u003E\u003Cimg alt=\"Chase Sapphire Reserve\u00ae\" class=\"Image--root \" src=\"https:\/\/cdn.comparecards.com\/uploads\/images\/items\/4335.jpg\"\/\u003E\u003C\/div\u003E\u003C\/div\u003E\n \u003C\/div\u003E\n\n \u003Cscript type=\"application\/json\" class=\"js-react-component\" data-component-name=\"AffiliateImage\"\u003E{\"align\":\"\",\"className\":\"\",\"imageURL\":\"https:\\\/\\\/cdn.comparecards.com\\\/uploads\\\/images\\\/items\\\/4335.jpg\",\"name\":\"Chase Sapphire Reserve\\u00ae\"}\u003C\/script\u003E\n\n\u003C\/div\u003E"],["\u003Cstrong\u003EAnnual Fee\u003C\/strong\u003E","$250* \u003Cspan\u003E\u003Ca class=\"ShortcodeLink--root ShortcodeLink--black\" title=\"See Rates & Fees\" href=\"https:\/\/www.americanexpress.com\/us\/credit-cards\/card-application\/apply\/prospect\/terms\/gold-card\/26129-10-0\/#terms-details?print\"\u003ESee Rates & Fees\u003C\/a\u003E\u003C\/span\u003E","$95**","$550***"],["\u003Cstrong\u003EAPR\u003C\/strong\u003E","See Pay Over Time APR","15.99% - 22.99% Variable","16.99%-23.99% Variable"],["\u003Cstrong\u003EWelcome Bonus\u003C\/strong\u003E","60,000 Membership Rewards\u00ae; Points after you spend $4,000 on eligible purchases with your new Card within the first 6 months.","Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 when you redeem through Chase Ultimate Rewards\u00ae. Plus earn a $50 statement credit towards grocery store purchases within your first year of account opening.","Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening."],["\u003Cstrong\u003EEstimated Bonus Value\u003C\/strong\u003E","$350","$800","$750"]],"footnote":"","hasMarginBottom":true,"isExpandable":false,"isSortable":false,"maxWidth":"1215","minWidth":"100%","showSearch":false,"sortColumnIndex":0,"sortDirection":"asc"}

For rates and fees of the American Express® Gold Card, please click here.

For rates and fees of the Chase Sapphire Preferred® Card, please click here.

For rates and fees of the Chase Sapphire Reserve®, please click here.

While all three cards make for strong choices, it's best to apply for the card that most closely aligns with the categories where you spend the most money. Below, we highlight a couple of categories and list our favorite cards across each, along with a few considerations to keep in mind before applying.

Best Card for Dining and Supermarket Shopping

American Express® Gold Card

$250

See Pay Over Time APR

Excellent/Good

  • Rose Gold is back. You can now choose between Gold or Rose Gold.
  • Earn 60,000 Membership Rewards® points after you spend $4,000 on eligible purchases with your new Card within the first 6 months.
  • Earn 4X Membership Rewards® Points on Restaurants worldwide, including takeout and delivery, plus, earn 4X points for Uber Eats purchases too.
  • Earn 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X).
  • $120 Uber Cash: Add your Gold Card to your Uber account and each month automatically get $10 in Uber Cash for Uber Eats orders or Uber rides in the U.S., totaling up to $120 per year.
  • $120 Dining Credit: Earn up to a total of $10 in statement credits monthly when you pay with the Gold Card at Grubhub, Seamless, The Cheesecake Factory, Ruth's Chris Steak House, Boxed, and participating Shake Shack locations. This can be an annual savings of up to $120. Enrollment required.
  • Earn 3X Membership Rewards® points on flights booked directly with airlines or on amextravel.com.
  • No Foreign Transaction Fees.
  • Annual Fee is $250.
  • Terms Apply.

Superior Rewards at U.S. Supermarkets

The American Express® Gold Card easily outperforms the Chase Sapphire Preferred® Card and the Chase Sapphire Reserve® when it comes to earning rewards at U.S. supermarkets. It offers a 4% rewards rate at U.S. supermarkets compared to 2% with the Chase Sapphire Preferred® Card and 3% with the Chase Sapphire Reserve®. The American Express® Gold Card also still earns you rewards after you reach the spending cap.

Unique Dining Perks

We consider the American Express® Gold Card to be the better card for earning rewards on dining but more so because of its unique dining credit than its rewards rate. The card packs an impressive rewards rate at restaurants worldwide, allowing you to Earn 4X Membership Points on Restaurants worldwide, including takeout and delivery. Additionally, earn 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X), and 3X Membership Rewards® points on flights booked directly with airlines or on amextravel.com. However, it's actually outperformed by the Chase Sapphire Reserve® which has a 4.5% rewards rate on dining. On the other hand, we think the annual dining credit (up to $120) and up to $120 in annual Uber Cash makes up for that difference and takes the American Express® Gold Card over the top.

This list of participating partners isn't long, but it features a few standouts, such as Grubhub and Seamless. If either of the two online food ordering services are available where you live, then you can shop through those portals to get access to a much more robust set of options. You can use Uber Cash for Uber rides or Uber Eats. Your American Express® Gold Card needs to be added to your Uber app in order to receive this monthly Uber Cash benefit.

For rates and fees of the American Express® Gold Card, please click here.

Best Credit Card for Travel

Chase Sapphire Reserve®

  • On Chase's Secure Website

$550

16.99%-23.99% Variable

Excellent

  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase Ultimate Rewards®
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year. Through December 31, 2021, gas station & grocery store purchases will also count towards earning your Travel Credit
  • 3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants including eligible delivery services, takeout and dining out & 1 point per $1 spent on all other purchases
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards®. For example, 60,000 points are worth $900 toward travel
  • With Pay Yourself BackSM, your points are worth 50% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit for Global Entry or TSA Pre✓®
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more

A Valuable Annual Travel Credit

The Chase Sapphire Reserve® has a feature that's unmatched by the American Express® Gold Card and the Chase Sapphire Preferred® Card: a $300 annual travel credit, which effectively knocks the card's annual fee from $550 to $250. To its credit, the American Express® Gold Card has a $100 airline fee credit, but it's only applicable toward airline incidentals. In stark contrast, the $300 annual travel credit on the Chase Sapphire Reserve® can be applied to many common forms of travel, including taxis, in addition to airlines. The Chase Sapphire Preferred® Card misses the mark altogether as it lacks any form of travel credit.

Breeze by Security and Relax in an Airport Lounge

Of the three cards, the Chase Sapphire Reserve® is the only one to offer up to a $100 statement credit for TSA PreCheck or Global Entry and airport lounge access. The former allows cardholders to breeze through security without having to deal with common gripes, like removing your laptop from your bag. Additionally, cardholders get access to over 1,000 lounges through Priority Pass Select, which is a great way to pass the time if you're waiting for your flight to take off. These lounges often have complimentary food and drinks, in addition to working spaces.

Top Rewards Rates on Travel

Beyond the travel credit and the lounge access, the Chase Sapphire Reserve® is also just flat-out more rewarding (for travel) than the American Express® Gold Card or the Chase Sapphire Preferred® Card. It offers a 4.5% rewards rate on all travel purchases compared to the 3% offered by the American Express® Gold Card (on flights booked directly with airlines or on Amex' travel site) and 2.5% offered by the Chase Sapphire Preferred® Card (2 points per dollar multiplied by the 1.25 bonus when redeeming for travel on the Chase portal).

Other Considerations: What About the Chase Sapphire Preferred® Card?

Chase Sapphire Preferred® Card

  • On Chase's Secure Website

$95

15.99% - 22.99% Variable

Excellent

  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 when you redeem through Chase Ultimate Rewards®. Plus earn up to $50 in statement credits towards grocery store purchases within your first year of account opening.
  • Earn 2X points on dining including eligible delivery services, takeout and dining out and travel. Plus, earn 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 80,000 points are worth $1,000 toward travel.
  • With Pay Yourself BackSM, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.

Still a Valuable Card

Despite the launch of the American Express® Gold Card, the Chase Sapphire Preferred® Card remains a highly rewarding credit card for dining and travel. Of the three cards, it has the most consumer friendly annual fee at just $95. It's not the most rewarding (of the three) for either dining or travel, but its 2.5% rewards rate across both categories is still higher than what most other cards offer (2 points per dollar multiplied by the 1.25 bonus when redeeming for travel on the Chase portal).

Great Welcome Bonus

The Chase Sapphire Preferred® Card also offers a strong welcome bonus, which we estimate to be worth $1,050 — about twice the value of the welcome bonus available on the American Express® Gold Card. To qualify for the welcome bonus on both cards, cardholders have to spend $4,000 in three months.

Joe Resendiz

Joe Resendiz is a former investment banking analyst for Goldman Sachs, where he covered public sector and infrastructure financing. During his time on Wall Street, Joe worked closely with the debt capital markets team, which allowed him to gain unique insights into the credit market. Joe is currently a research analyst who covers credit cards and the payments industry. He earned a bachelor’s degree from the University of Texas at Austin, where he majored in finance.

These 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.

Advertiser Disclosure: The products that appear on this site may be from companies from which ValuePenguin receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). ValuePenguin does not include all financial institutions or all products offered available in the marketplace.

How We Calculate Rewards: ValuePenguin calculates the value of rewards by estimating the dollar value of any points, miles or bonuses earned using the card less any associated annual fees. These estimates here are ValuePenguin's alone, not those of the card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

Example of how we calculate the rewards rates: When redeemed for travel through Ultimate Rewards, Chase Sapphire Preferred points are worth $0.0125 each. The card awards 2 points on travel and dining and 1 point on everything else. Therefore, we say the card has a 2.5% rewards rate on dining and travel (2 x $0.0125) and a 1.25% rewards rate on everything else (1 x $0.0125).

Featured Credit Cards