What is the difference between Amex platinum and Chase Sapphire Reserve?
Chase Sapphire Reserve is a better credit card deal because of its lower annual fee, better insurance coverage and greater worldwide acceptance. Amex Platinum is superior in some respects, though. For example, it gives you access to a lot more airport lounges.
Which card is better American Express Platinum or Chase Sapphire Preferred?
But if you're just looking to earn rewards on your spending, the Sapphire Preferred is likely a better bet. On the other hand, if you're primarily looking for perks over rewards, the Amex Platinum is the winner thanks to annual statement credits, airport lounge access, and more.
What is the Chase equivalent to Amex Platinum?
Chase Sapphire Reserve: Fees. Amex Platinum charges a $695 annual membership fee, and Chase Sapphire Reserve charges a fee of $550. While more expensive than most cards, it's about on par with luxury travel cards of this nature. However, there is a big difference in cost for additional users.
Should I switch from Sapphire Reserve to Amex Platinum?
Winner: Amex Platinum is the clear winner when it comes to perks and benefits, which include its $1,400-plus in annual statement credits, expanded airport lounge access, travel protections, and elite status with Marriott and Hilton.