PointsCraftThe app
Advertiser disclosure: PointsCraft may earn a commission when you apply for cards through links on this site. We only feature cards we believe are useful, and editorial decisions are made independently. See our methodology for how we evaluate cards.
← All comparisons

Amex Platinum vs Chase Sapphire Reserve

Amex Platinum edges Chase Sapphire Reserve on year-1 math ($2,215 more value at 1.8¢/pt).

American Express

Amex Platinum

$895 annual fee

Chase Ultimate

Chase Sapphire Reserve

$795 annual fee

Quick verdict

Amex Platinum edges Chase Sapphire Reserve on year-1 math ($2,215 more value at 1.8¢/pt)

Amex Platinum: $3,764 recurring credits + $3,150 welcome bonus − $895 AF = $6,019 net. Chase Sapphire Reserve: $1,899 recurring credits + $2,700 welcome bonus − $795 AF = $3,804 net. These are year-1 numbers (welcome bonus included) at a 1.8¢/pt rewards valuation. The /tools/annual-fee-breakeven calculator runs the year-2-onward math without the bonus.

Side-by-side specs

Amex PlatinumChase Sapphire Reserve
Annual fee$895$795
Welcome bonus175,000 pts after $12,000 in 6mo150,000 pts after $6,000 in 3mo
Welcome bonus value @ 1.8¢$3,150$2,700
Free-night cert
Recurring credits / year$3,764$1,899
Year-1 net @ 1.8¢$6,019$3,804

Year-1 net assumes the welcome bonus values at 1.8¢/pt. For year-2-onward math, use the Annual Fee Break-even Calculator.

Amex Platinum

14 recurring credits

  • Digital Entertainment$25 · Monthly
  • Uber Cash$15 · Monthly
  • Walmart+ Membership$13 · Monthly
  • Resy Credit$100 · Quarterly
  • Lululemon Credit$75 · Quarterly
  • Hotel Credit (FHR/Hotel Collection)$300 · Semi-annual
  • Priority Pass Select$469 · Annual
  • Equinox Credit$300 · Annual
  • Centurion Lounge access$300 · Annual
  • CLEAR Plus$209 · Annual
  • Oura Ring Credit$200 · Annual
  • Airline Fee Credit$200 · Annual
  • Uber One Membership$120 · Annual
  • Global Entry / TSA PreCheck$120 · Every 4 years

Chase Sapphire Reserve

6 recurring credits

  • The Edit by Chase Travel$250 · Semi-annual
  • Sapphire Exclusive Tables Dining$150 · Semi-annual
  • Priority Pass Select$469 · Annual
  • Travel Credit$300 · Annual
  • Sapphire Lounge access$300 · Annual
  • Global Entry / TSA PreCheck$120 · Every 4 years

Pick Amex Platinum if

the recurring credits stack is richer ($3,764 vs $1,899); the welcome bonus pays more at 1.8¢/pt ($3,150 vs $2,700).

Pick Chase Sapphire Reserve if

the AF is meaningfully lower ($795 vs $895).

Impact-Site-Verification: eb144986-994e-4f9d-9ee6-d74c9854f732