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Chase Ultimate Rewards vs. American Express Membership Rewards in 2022: Which is Better?

Chase Ultimate Rewards vs. American Express Membership Rewards in 2022: Which is Better?

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While Chase Ultimate Rewards® and American Express Membership Rewards have similarities, they differ in transfer partners, points value and redemption options.

American Express Membership Rewards and Chase Ultimate Rewards® are two of the most popular rewards programs, and for good reason. Both offer high-value points that are incredibly flexible, saving frequent travelers hundreds — and sometimes thousands — of dollars per year. Choosing between the two will depend on your personal preferences and habits — though you may even find you can get the most value from using both programs together.

Amex Membership Rewards
Chase Ultimate Rewards®
Number of transfer partners2014
U.S. travel partners
  • Delta SkyMiles
  • JetBlue TrueBlue
  • Choice Privileges
  • Hilton Honors
  • Marriott Bonvoy
  • JetBlue TrueBlue
  • Southwest Airlines Rapid Rewards
  • United Airlines MileagePlus
  • IHG Rewards Club
  • Marriott Bonvoy
  • World of Hyatt
Redemption options
  • Travel portal
  • Transfer
  • Gift card
  • Pay with points
  • Cash back
  • Shopping portal
  • Travel portal
  • Transfer
  • Gift card
  • Pay with points
  • Cash back
  • Experiences
Redemption value for travel0.7 to 2 cent each1.25 to 2 cents each
Top cards

Chase Ultimate Rewards® vs. American Express Membership Rewards: Which is better?

There’s no clear winner when it comes to Amex versus Chase. The right rewards program for you will depend on your travel and spending habits.

Chase points are worth more than Amex points on average. Its travel portal offers a wider range of redemption options, and its perks and benefits — from the annual travel credit to travel protections — are generally easier to use. Chase points are also significantly easier to stockpile than Amex points, which makes Chase an excellent option for beginners and advanced rewards junkies alike.

However, plenty of experienced credit card points collectors will find more value in Amex points, particularly those who enjoy premium international travel. Amex’s long list of transfer partners is particularly attractive if you’re familiar with the details of more obscure rewards programs. Its cards can also provide some fun luxury perks, like access to Centurion and American Express lounges.

In the end, these are two of the best rewards programs out there. Both offer points that are high in value and extremely flexible. Whichever program you choose, you’re bound to save a significant amount of money on travel. And if you're interested in taking out multiple credit cards, you can diversify and maximize your rewards game by participating in both the Ultimate Rewards and Membership Rewards programs.

Chase Ultimate Rewards® vs. American Express Membership Rewards: What's the difference?

American Express and Chase rewards programs have key differences in redemption options, point value, cards and travel perks.

At first glance, the Amex and Chase rewards programs might appear virtually identical. Both programs offer:

  • Points that can be accumulated through their respective rewards credit cards and redeemed for a wide variety of items, with a focus on travel.
  • A long list of transfer partners to which you can transfer your points.
  • Travel cards that give you access to additional travel perks and protections, as well as the ability to earn rewards faster: The Platinum Card® from American Express and the Chase Sapphire Reserve®.
  • Airport lounge access, travel credits and certain forms of insurance when you travel through their premium travel cards.

However, whether it be through redemption options, point value or credit cards that earn points, American Express and Chase have a few essential differences that distinguish them. Choosing between these rewards programs depends on which program's unique benefits best meet your travel needs.

Amex points vs. Chase points: How much are they worth?

Amex and Chase points are both very valuable and flexible, providing the most value when you transfer them to outside loyalty programs. However, each program has a key advantage. For Chase, points have the edge over Amex points for cardholders who simply want to redeem them through the travel portal. However, Amex points shine in transfer redemptions. Both Chase and Amex offer a long list of transfer partners, but the list is longer for Amex and you can take advantage of promotions that give you bonuses on transfers to certain partners.

The value of Amex and Chase points will vary widely depending on how you redeem them. If you’re desperate to redeem your points and don’t have any travel planned, you’ll earn 1.0 cents per point from Chase by redeeming for gift cards, cash back or paying with online checkout, whereas you’ll often only get 0.5 cents to 0.7 cents per point by redeeming Amex points that way.

Amex point value
Chase point value
Travel portal redemptions0.7 to 1.0 cent1.25 to 1.5 cents
Transfer redemptions1.0 to 5.0 cents1.0 to 4.0 cents
Gift card redemptions0.5 to 1.0 cent1.0 to 1.1 cents
Pay with points at checkout0.7 cent0.8 cents with Amazon, 1.0 cent with Apple
Cash back redemptions0.6 cents1.0 cents
Shopping portal0.5 centsN/A
DiningN/A1.0 to 1.5 cents
ExperiencesN/A1.0 cent each
Average value1.75 cents2.0 cents

Amex Membership Rewards redemption options

The American Express Membership Rewards portal offers many of the same redemption options as Chase Ultimate Rewards®.

American Express portal
Screenshot taken from the Amex website

1. Pay with points at checkout

Amex lets you pay with your points at checkout while shopping at a wide variety of online retailers. These include Amazon, Best Buy, Expedia, GrubHub, NYC Taxi, Rite Aid, Saks Fifth Avenue, Staples, Ticketmaster, Walmart and more.

This option is convenient: If you link your Membership Rewards account to your Amazon account, for example, you can automatically pay with your Amex points every time you shop on Amazon. However, the value you’ll earn is very low, at 0.7 cents per point.

AmEx rewards points
Screenshot taken from the American Express website

2. Gift cards

You can also redeem your Amex points for gift cards, but again, you’ll generally get the low value of 0.7 cents to 1.0 cent per point when doing so. You have a variety of gift card options to choose from, including Adidas, Banana Republic, Athleta, Best Buy, California Pizza Kitchen and more. You can also redeem your points for American Express gift cards, but you’ll only get 0.5 cents per point for that redemption.

Redeeming points for gift cards
Screenshot taken from the American Express website

3. Cash back

This option functions like cash back — you can select recent charges and cover them using points, essentially erasing them from your bill. But while this is the most flexible redemption option, it’s also one of the lowest values, as each point will only be worth 0.6 cents. For example, you would need 1,667 points just to cover a $10 charge.

Covering card charges with American Express points
Screenshot taken from the American Express website

4. Booking travel

Both Amex and Chase allow you to use your points to book travel through their travel portals at a standard rate of 1.0 cent per point. In reality, though, these redemptions offer significantly less value with Amex points than they do with Chase points.

Amex offers a standard redemption rate of 1.0 cent per point, but it only applies to flights. You’ll only get 0.7 cents per point when redeeming for hotels, rental cars and cruises. Plus, you won’t have as many options with the Amex travel portal, which doesn’t include activities and tours.

Booking travel on the American Express portal
Screenshot taken from the American Express website

5. Transfer points

Amex has the same number of hotel transfer partners as Chase, but more airline partners. In total, Amex lets you transfer your Membership Rewards points to 17 different airlines and three hotel partners. The standard rate for most of these partners is 1:1 — however, there are a few exceptions, and Amex regularly runs promotions that boost your transfer rate for certain partners. All of this is explained in detail in the section below on transfer partners.

American Express Travel Partners

Airline partners

Hotel partners

  • Aer Lingus AerClub
  • Aeromexico Club Premier
  • Air Canada Aeroplan
  • Air France/KLM Flying Blue
  • ANA Mileage Club
  • Asia Miles
  • Avianca LifeMiles
  • British Airways Executive Club
  • Delta SkyMiles
  • Emirates Skywards
  • Etihad Guest
  • Hawaiian Airlines
  • Iberia Plus
  • JetBlue TrueBlue
  • Qantas Frequent Flyer
  • Singapore Airlines KrisFlyer
  • Virgin Atlantic FlyingClub

Airline partners

  • Aer Lingus AerClub
  • Aeromexico Club Premier
  • Air Canada Aeroplan
  • Air France/KLM Flying Blue
  • ANA Mileage Club
  • Asia Miles
  • Avianca LifeMiles
  • British Airways Executive Club
  • Delta SkyMiles
  • Emirates Skywards
  • Etihad Guest
  • Hawaiian Airlines
  • Iberia Plus
  • JetBlue TrueBlue
  • Qantas Frequent Flyer
  • Singapore Airlines KrisFlyer
  • Virgin Atlantic FlyingClub

Hotel partners

  • Choice Privileges
  • Hilton Honors
  • Marriott Bonvoy

If you want to shop for products with your points through the Membership Rewards portal, you’ll only get 0.5 cents per point, making it the lowest value redemption. The catalog offers a wide range of items, from clothing and electronics to appliances and home goods. And while the redemption value is low, Amex runs promotions occasionally for more valuable redemptions.

6. Shop with points

Chase Ultimate Rewards® redemption options

Chase offers very similar redemption options to Amex. But while Chase doesn’t have a product catalog like Amex, it does allow you to redeem points for experiences like concerts and exclusive events.

Chase Ultimate Rewards®
Screenshot taken from the Chase Ultimate Rewards® portal, March 2022

1. Amazon and Apple

Much like the Amex option of paying with points at checkout, Chase allows you to pay with your points for Amazon and Apple purchases. You’ll get 0.8 cents per point when you pay on Amazon with Chase points; with Apple, you’ll get 1.0 cent per point.

apple
Screenshot taken from the Chase website, March 2022

2. Cash back

Chase offers a much better cash back redemption rate of 1.0 cent per point. While this isn’t a great value compared to travel redemptions, it’s nice to have this option in the event you need to redeem your points and don’t want to make any travel purchases. You can redeem your points for a statement credit or have the cash back deposited into a bank account.

Redeeming Ultimate Rewards for cash back
Screenshot taken from the Chase website

3. Experiences

You’ll also get a value of 1.0 cent per point when you redeem your points for experiences, which include VIP tickets, concerts, private dinners, exclusive access to sporting events and more. Note that you’ll have to own a premium card like the Chase Sapphire Preferred® Card or the Chase Sapphire Reserve® to qualify for this option.

4. Dining

You can redeem Ultimate Rewards points for dining at participating restaurants, as well as for experiences such as private dinners with celebrity chefs. Redemptions go for 1.0 cent per point for most cardholders. Plus, Chase Sapphire Reserve® cardholders get a 50% bonus on dining redemptions, just like with the travel portal, making this a good value for them.

5. Gift cards

Chase points get a higher value on gift card redemptions of 1.0 cent per point. Featured gift cards frequently come with a 5% or 10% discount, meaning you can get up to 1.1 cents per point. The Ultimate Rewards portal offers gift cards for most major retailers, such as Sephora, iTunes, Target, Starbucks and Best Buy.

6. Transfer points

Chase lets you transfer your Ultimate Rewards points to a list of 11 airlines and three hotel partners at a 1:1 rate. Unlike Amex, Chase doesn’t run regular promotions that boost your transfer rate with certain partners.

Chase Travel Partners

Airline partners

Hotel partners

  • Aer Lingus AerClub
  • Air Canada Aeroplan
  • AirFrance/KLM Flying Blue
  • British Airways Executive club
  • Emirates Skywards
  • Iberia Plus
  • JetBlue TrueBlue
  • Singapore Airlines KrisFlyer
  • Southwest Airlines Rapid Rewards
  • United Airlines MileagePlus
  • Virgin Atlantic FlyingClub

Airline partners

  • Aer Lingus AerClub
  • Air Canada Aeroplan
  • AirFrance/KLM Flying Blue
  • British Airways Executive club
  • Emirates Skywards
  • Iberia Plus
  • JetBlue TrueBlue
  • Singapore Airlines KrisFlyer
  • Southwest Airlines Rapid Rewards
  • United Airlines MileagePlus
  • Virgin Atlantic FlyingClub

Hotel partners

  • IHG Rewards Club
  • Marriott Bonvoy
  • World of Hyatt

The Chase Ultimate Rewards® travel portal offers more value per point and a wider range of redemption options than Amex. The value you get by booking travel through the Chase portal will depend on which Chase credit card you have.

travel
Screenshot taken from the Chase website, March 2022
Card
Point value
Chase Sapphire Preferred® Card1.25 cents per points
Chase Sapphire Reserve®1.5 cents per point
Ink Business Preferred® Credit Card1.25 cents per points

In addition to booking flights, hotels, rental cars and cruises at these values, you can also book vacation rentals and activities. The activities section includes everything from tours and attraction passes to shuttles and day trips.

7. Booking travel

Chase Ultimate Rewards®: Travel portal vs. transfer to loyalty partners

When it comes to booking travel with your Chase Ultimate Rewards® points, you may wonder whether you should book through Chase's travel portal or transfer your points to Chase's loyalty partners instead. Both are fantastic options, and the right answer for you will depend on the scenario.

For instance, we take a look at this one-way business class ticket from Casablanca (CMN) to New York (JFK). In cash, this flight is priced at a hefty $2,213.

The Chase Sapphire Preferred® Card offers a 25% point redemption bonus when booking the flight through Chase's travel portal. Even with the redemption bonus, you would still need 177,107 Chase Ultimate Rewards® points to book this flight.

Chase redemption portal example

In contrast, Flying Blue charges only 53,000 award miles for the same flight. So, transferring your Chase Ultimate Rewards® points to Flying Blue would be a much better deal. You would effectively get a value of 3.5 cents per Ultimate Rewards point, which is a significantly better value than 1.25 cents per point.

Flying Blue redemption

This is just one example of the benefits of transferring your points over to frequent flyer programs. More often than not, you'll snag a better deal with your hard-earned points by leveraging these loyalty partners. However, in instances where Chase doesn’t partner with a certain airline, you may find a better deal booking through the Ultimate Rewards portal.

{"backgroundColor":"butter","content":"\u003C\/p\u003E\n\n\u003Ch3\u003EChase Ultimate Rewards\u00ae: Travel portal vs. transfer to loyalty partners\u003C\/h3\u003E\n\n\u003Cp\u003EWhen it comes to booking travel with your Chase Ultimate Rewards\u00ae points, you may wonder whether you should book through Chase's travel portal or transfer your points to Chase's loyalty partners instead. Both are fantastic options, and the right answer for you will depend on the scenario.\u003C\/p\u003E\n\n\u003Cp\u003EFor instance, we take a look at this one-way business class ticket from Casablanca (CMN) to New York (JFK). In cash, this flight is priced at a hefty $2,213.\u003C\/p\u003E\n\n\u003Cp\u003EThe Chase Sapphire Preferred\u003Csup\u003E\u00ae\u003C\/sup\u003E Card offers a 25% point redemption bonus when booking the flight through Chase's travel portal. Even with the redemption bonus, you would still need 177,107 Chase Ultimate Rewards\u00ae points to book this flight.\u003C\/p\u003E\n\n\u003Cp\u003E\u003Cdiv class=\"ShortcodeImage--root \" \u003E\n \u003Cdiv class=\"ShortcodeImage--image-container \"\u003E\n \u003Cimg alt=\"Chase redemption portal example\" class=\"ShortcodeImage--image lazyload\" data-src=\"https:\/\/res.cloudinary.com\/value-penguin\/image\/upload\/c_limit,dpr_1.0,f_auto,h_1600,q_auto,w_1600\/v1\/Chase_Redemption_Portal_Example_x9lchr\" src=\"https:\/\/res.cloudinary.com\/value-penguin\/image\/upload\/c_limit,dpr_2.0,e_blur:1000,f_auto,h_1600,q_1,w_1600\/v1\/Chase_Redemption_Portal_Example_x9lchr\" data-srcset=\"https:\/\/res.cloudinary.com\/value-penguin\/image\/upload\/c_limit,dpr_1.0,f_auto,h_1600,q_auto,w_1600\/v1\/Chase_Redemption_Portal_Example_x9lchr 1x, https:\/\/res.cloudinary.com\/value-penguin\/image\/upload\/c_limit,dpr_2.0,f_auto,h_1600,q_auto,w_1600\/v1\/Chase_Redemption_Portal_Example_x9lchr 2x\"\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\u003C\/p\u003E\n\n\u003Cp\u003EIn contrast, Flying Blue charges only 53,000 award miles for the same flight. So, transferring your Chase Ultimate Rewards\u00ae points to Flying Blue would be a much better deal. You would effectively get a value of 3.5 cents per Ultimate Rewards point, which is a significantly better value than 1.25 cents per point.\u003C\/p\u003E\n\n\u003Cp\u003E\u003Cdiv class=\"ShortcodeImage--root \" \u003E\n \u003Cdiv class=\"ShortcodeImage--image-container \"\u003E\n \u003Cimg alt=\"Flying Blue redemption\" class=\"ShortcodeImage--image lazyload\" data-src=\"https:\/\/res.cloudinary.com\/value-penguin\/image\/upload\/c_limit,dpr_1.0,f_auto,h_1600,q_auto,w_1600\/v1\/Flying_Blue_Redemption_ihy6xw\" src=\"https:\/\/res.cloudinary.com\/value-penguin\/image\/upload\/c_limit,dpr_2.0,e_blur:1000,f_auto,h_1600,q_1,w_1600\/v1\/Flying_Blue_Redemption_ihy6xw\" data-srcset=\"https:\/\/res.cloudinary.com\/value-penguin\/image\/upload\/c_limit,dpr_1.0,f_auto,h_1600,q_auto,w_1600\/v1\/Flying_Blue_Redemption_ihy6xw 1x, https:\/\/res.cloudinary.com\/value-penguin\/image\/upload\/c_limit,dpr_2.0,f_auto,h_1600,q_auto,w_1600\/v1\/Flying_Blue_Redemption_ihy6xw 2x\"\u003E\n \u003C\/div\u003E\n\u003C\/div\u003E\u003C\/p\u003E\n\n\u003Cp\u003EThis is just one example of the benefits of transferring your points over to frequent flyer programs. More often than not, you'll snag a better deal with your hard-earned points by leveraging these loyalty partners. However, in instances where Chase doesn\u2019t partner with a certain airline, you may find a better deal booking through the Ultimate Rewards portal.\u003C\/p\u003E\n\n\u003Cp\u003E","padding":"double"}

Transfer partners

Chase and Amex both offer a standard transfer rate of 1:1 for the majority of their partners, though Amex’s promotions make several of their transfers more valuable.

Amex and Chase rewards both offer the ability to transfer your points to airline and hotel loyalty programs. There’s a little overlap, but for the most part, the list of transfer partners is different between the two programs, as is the transfer rate.

Amex offers a slightly longer list, including several of Chase’s airline partners. When it comes to hotel partners, both Amex and Chase offer three. Generally speaking, though, you get less value from transferring to hotel partners than airline partners.

Airlines

Hotels

Amex
Chase
Aer Lingus AerClub1:11:1
Aeromexico Club Premier1:1.6
Air Canada Aeroplan1:11:1
Air France/KLM Flying Blue1:11:1
ANA Mileage Club1:1
Asia Miles1:1
Avianca LifeMiles1:1
British Airways Executive Club1:11:1
Delta SkyMiles1:1
Emirates Skywards1:11:1
Etihad Guest1:1
Hawaiian Airlines1:1

Airlines

Amex
Chase
Aer Lingus AerClub1:11:1
Aeromexico Club Premier1:1.6
Air Canada Aeroplan1:11:1
Air France/KLM Flying Blue1:11:1
ANA Mileage Club1:1
Asia Miles1:1
Avianca LifeMiles1:1
British Airways Executive Club1:11:1
Delta SkyMiles1:1
Emirates Skywards1:11:1
Etihad Guest1:1
Hawaiian Airlines1:1

Hotels

Amex
Chase
  • Choice Privileges
  • Hilton Honors 1:2
  • Marriott Bonvoy 2:3
  • IHG Rewards Club, 1:1
  • Marriott Bonvoy, 1:1
  • World of Hyatt, 1:1

Earning points with Amex vs. Chase credit cards

The American Express® Gold Card is the winner in earning ongoing rewards, thanks to its 4X rate at U.S. supermarkets and restaurants worldwide. However, you'll have to consider the card's $250 annual fee.

Both Amex and Chase offer a range of cards, from basic to premium, that help you earn points. Depending on the card you choose, you can earn huge welcome offers, tons of bonus points in varied spending categories and a variety of additional cardholder perks and benefits. Below are a few of our top picks for the best cards that earn Membership Rewards and Ultimate Rewards points, along with their primary features.

Top Amex rewards cards

Welcome offer
Earning rate
Annual fee
American Express® Gold Card
See Rates & Fees. Terms Apply. On American Express' Secure Website
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.Earn 4X Membership Rewards® Points at Restaurants, plus takeout and delivery in the U.S., and 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. Terms apply.$250
Show All Rows

Top Chase rewards credit cards

Welcome offer
Earning rate
Annual fee
Chase Sapphire Preferred® Card
On Chase's Secure Website
Earn 60,000 bonus 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®.5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases$95
Show All Rows

Referral bonuses

Both Amex and Chase have refer-a-friend programs that award you bonus points each time a person you refer is approved for one of their rewards cards. Chase’s refer-a-friend offer is slightly more generous than Amex’s offer; however, Chase doesn’t currently offer a referral program for the Chase Sapphire Reserve®.

Amex

Chase

The Platinum Card® from American Express: Earn 15,000 bonus points for each The Platinum Card® from American Express referral, up to 55,000 points per year

Amex

The Platinum Card® from American Express: Earn 15,000 bonus points for each The Platinum Card® from American Express referral, up to 55,000 points per year

Chase

  • Chase Sapphire Preferred® Card: Earn 15,000 bonus points for each Chase Sapphire Preferred® Card referral, up to 75,000 points per year
  • Ink Business Preferred® Credit Card, Ink Business Unlimited® Credit Card or Ink Business Cash® Credit Card: Earn 20,000 bonus points for each Ink Business Preferred® Credit Card, Ink Business Unlimited® Credit Card or Ink Business Cash® Credit Card referral, up to 100,000 points per year

The Platinum Card® from American Express vs. Chase Sapphire Reserve®

You’ll get other perks and benefits from Amex and Chase cards aside from just earning points. The two cards stacked with the most perks are the issuers’ premium travel cards: The Platinum Card® from American Express and the Chase Sapphire Reserve®.

Between the two cards, the Chase Sapphire Reserve® is the more affordable option and the better choice for earning travel rewards, while The Platinum Card® from American Express is the better choice for luxury travel perks, including airport lounge access.

Welcome offer
Earning rate
Annual fee
The Platinum Card® from American Express
See Rates & Fees. Terms Apply. On American Express' Secure Website
Earn 100,000 Membership Rewards® Points after you spend $6,000 on purchases on the Card in your first 6 months of Card Membership.5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel on up to $500,000 on these purchases per calendar year and 5X Membership Rewards® points on prepaid hotels booked with American Express Travel. Terms apply.$695
Chase Sapphire Reserve®
On Chase's Secure Website
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®5x points on flights and 10x points on hotels and car rentals through Chase Ultimate Rewards®$550

Verdict: The Platinum Card® from American Express offers wider access to global airport lounges.

Both The Platinum Card® from American Express and the Chase Sapphire Reserve® offer complimentary airport lounge access through the Priority Pass program (enrollment required). However, The Platinum Card® from American Express also gives members access to the Global Lounge Collection, which includes Centurion Lounges, Escape Lounges and more.

The Platinum Card® from American Express

  • The Platinum Card® from American Express includes access to the Global Lounge Collection, which includes more than 1,200 lounges in 130-plus countries.
  • Amex lounge access includes a few types of lounges you can’t access with the Chase Sapphire Reserve®: Amex Centurion Lounges, Escape Lounges, International American Express Lounges and Delta SkyClub Lounges if you’re flying with Delta. Centurion Lounges are known for being particularly luxurious, but the Centurion network is also limited to 40-plus locations.

Chase Sapphire Reserve®

  • The Chase Sapphire Reserve®, on the other hand, gets you access to lounges in the Priority Pass collection. This includes over 1,300 airport lounges throughout the world.

Verdict: Chase Sapphire Reserve® travel credits are easier to use, though there are fewer of them, while The Platinum Card® from American Express offers more travel credits that are more difficult to use.

Chase Sapphire Reserve®

  • Chase offers a $300 annual travel credit that can be used on a huge range of travel-related purchases, including flights, hotels, rental cars, tours, cruises, transportation, tollways and parking lots. Almost anyone should be able to take full advantage of this perk.
  • You'll also get up to $100 every four years towards the Global Entry or TSA PreCheck® or NEXUS fee.
  • However, this card doesn't offer any other travel credits

The Platinum Card® from American Express

  • The Platinum Card® from American Express offers far more credits, but they are much more confusing and difficult to use.
  • The Uber benefit offers yearly Uber Cash with a potential annual value of up to $200 if you load your card into the Uber app. However, you only get up to $15 per month, with an extra $20 in December. On top of that, it only works for Uber rides and Uber Eats within the U.S.
  • The card’s airline fee credit, for up to $200, is also notoriously difficult to use. You can only spend it on one preselected airline that you enroll in at the beginning of each year from a list of nine major U.S. carriers. In addition, the credit doesn’t apply to airfare, gift cards upgrades or the purchase of airline miles. It will only apply to incidental fees charged separately from your airline ticket, such as checked bags, change fees, seat assignment fees (if reserved separately from when you purchase the flight), airport lounge passes and in-flight amenities. While a frequent traveler could probably find a way to use up this credit each year, the Chase Sapphire Reserve® travel credit is much easier to use.
  • Other credits that come with this card include the following
    • Up to $200 hotel credit
    • Up to $240 digital entertainment credit (enrollment required)
    • Up to $155 Walmart credit (enrollment required)
    • Up to $300 Equinox credit (enrollment required)
    • Up to $100 Shop Saks with Platinum credit (enrollment required)
    • Up to $189 CLEAR credit (enrollment required)

Verdict: Both cards offer comparable travel insurance.

Chase Sapphire Reserve®

  • The Chase Sapphire Reserve® offers extensive travel insurance, including an emergency medical and dental benefit, medical evacuation coverage, trip cancellation and interruption protection, trip delay reimbursement and lost or delayed baggage insurance. The limits are generous for each of these benefits, which is enough reason to book your flights and hotels using the Chase Sapphire Reserve®.

The Platinum Card® from American Express

  • The Platinum Card® from American Express also offers comprehensive travel insurance, including trip cancellation and interruption insurance, trip delay insurance, travel accident insurance and lost luggage protection. Each of these coverages are incredibly helpful in case your travels become derailed.

Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply.Please visit americanexpress.com/benefitsguide for more details.Underwritten by AMEX Assurance Company.

Between the two, the coverages are nearly identical. Here is the breakdown of each policy and what they cover.

Coverage
The Platinum Card® from American Express
Chase Sapphire Reserve®
Rental car insuranceCoverage is secondary to your primary car insurance policy, and it covers up to $75,000 for damage or theft of a rentalCoverage is primary and provides reimbursement up to $75,000 for theft and collision damage for rental cars in the U.S. and abroad.
Delayed baggageNoneReimburses you for essential purchases, like toiletries and clothing, for baggage delays over 6 hours by passenger carrier, up to $100 a day for 5 days.
Lost luggageUp to $3,000 per covered person, for lostUp to $3,000 per covered person for lost or damaged luggage.
Trip delay protectionUp to $500 per covered trip when travel is delayed more than 6Up to $500 per ticket when travel is delayed more than 6 hours or requires an overnight stay
Travel accident insuranceUp to $500,000 in coverageUp to $1,000,000 in coverage
Trip cancellation and interruption insuranceUp to $10,000 per covered trip and $20,000 per eligible card per 12 consecutive monthUp to $10,000 per person and $20,000 per trip

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

For rates and fees of The Platinum Card® from American Express, please click here

The information related to The Amex EveryDay® Credit Card from American Express, The Amex EveryDay® Preferred Credit Card from American Express, American Express® Green Card, Blue from American Express®, The Business Platinum Card® from American Express, American Express® Business Gold Card and Business Green Rewards Card from American Express has been independently collected by ValuePenguin and has not been reviewed or provided by the issuer of this card prior to publication.

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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).