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Platinum

$895 annual fee
Full Review →
VS

Sapphire Preferred

$95 annual fee
Full Review →
Category Platinum Sapphire Preferred
Annual Fee $895 $95
Signup Bonus Up to 175,000 points 75,000 points
Base Earning Rate 1.0X 1.0X
Card Network N/A N/A
Reward Type points points

Winner by Category

Annual Fees

Sapphire Preferred
Lower annual fee ($895 vs $95)

Rewards Earning

Sapphire Preferred
6 earning categories

Benefits & Protection

Platinum
9 benefits vs 6

Statement Credits

Platinum
$1429 in annual credits

Flexibility

Tie
Both cards have similar redemption flexibility

The Winner: Sapphire Preferred

Sapphire Preferred edges out Platinum in our comparison, offering better overall value for most cardholders.

Important: The "best" card depends on your specific spending habits and financial goals. See the detailed comparison above to make the right choice for you.

Rewards Earning: Detailed Comparison

Platinum

Flights booked directly or via Amex Travel5.0X
Hotels via Amex Travel5.0X
Everything else1.0X

Sapphire Preferred

Travel via Chase Portal5.0X
Dining3.0X
Online Grocery3.0X
Streaming3.0X
Other Travel2.0X
Everything Else1.0X

Card Benefits: Detailed Comparison

Platinum (9 benefits)

  • Trip Cancellation/Interruption Insurance (up to $10,000)
  • Baggage Insurance Plan (up to $3,000)
  • Premium Car Rental Protection
  • Purchase Protection (up to $10,000)
  • Extended Warranty
  • Return Protection (up to $300)
  • Centurion Lounge + Priority Pass + Airline Lounges
  • Global Entry/TSA PreCheck Fee Credit (up to $120)
  • Hotel Elite Status

Sapphire Preferred (6 benefits)

  • Trip Cancellation Insurance (up to $10,000)
  • Trip Delay Reimbursement (up to $500)
  • Baggage Delay Insurance (up to $100)
  • Rental Car Collision Damage Waiver
  • Purchase Protection (up to $500)
  • Extended Warranty Protection (up to $10,000)