This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Disclosure, visit this page.

Who wins the Chase Sapphire Preferred® Card vs The Platinum Card® from American Express battle in 2021? Both of these cards come with several travel perks and the ability to earn more rewards for everyday purchases—perfect in 2021 when we aren’t traveling much. Both bonuses are also buzzworthy. When comparing the credit card reviews for these two cards, they usually come out as top personal travel rewards cards. Today I’ll be comparing them to see which popular travel card adds more value.

Chase Sapphire Preferred vs American Express Platinum
Chase Sapphire Preferred vs American Express Platinum 2021 Best Welcome Bonus: Chase Sapphire Preferred vs American Express Platinum

Chase Sapphire Preferred Card

The Chase Sapphire Preferred card comes with a bonus of 60,000 Ultimate Rewards points after spending $4,000 in the first 3 months. Additionally, new cardholders can earn up to $50 in statement credits towards grocery store purchases.

There is a $95 annual fee.

You’re eligible to receive the bonus on the Chase Sapphire Preferred if you don’t currently hold the product, and it’s been at least 24 months since you last received a bonus on the card. Also, if you’ve applied for more than 5 credit card products in the last 24 months, you most likely won’t be approved for the Chase Sapphire Preferred with a credit score of under 670.

You can compare the Sapphire Preferred with the other top Chase credit cards in this post if you’re close to hitting the 5/24 rule but still want a Chase product.

The Platinum Card from American Express

New cardmembers can earn 75,000 bonus Membership Rewards® Points after spending $5,000 on purchases in the first 6 months of account opening. Cardholders also earn 10x points on eligible purchases at U.S. gas stations and U.S. supermarkets, up to $15,000 in combined purchases, during your first 6 months of card membership.

However, if you check the CardMatch™ tool, you might qualify for a welcome offer of 100,000 Membership Rewards.

If you’ve previously had the card, note that the offer terms for the Amex Platinum Card from the application page state:

“This offer is also not available to applicants who have or have had a Platinum Card® account enrolled in the Membership Rewards® program.”

That means you can only receive the welcome bonus once per lifetime on personal American Express cards (this rule does not apply to business cards).

Winner: The Platinum Card® from American Express (Learn more: Johnny Jet Recommended Credit Cards)

Best Perks: Chase Sapphire Preferred vs American Express Platinum

Chase Sapphire Preferred Card

The Chase Sapphire Preferred® Card comes with no foreign transaction fees and smart chip technology, making it a great international travel option. It also offers a category bonus of 2x Ultimate Rewards points per $1 on dining and travel purchases. From November 01, 2020, through April 30, 2021, cardholders automatically earn 2x points per $1 spent at grocery stores, up to $1,000 per month. Cardholders also earn 5x points on Lyft rides through March 2022. 

Other perks include primary CDW on car rentals, 10,000 trip insurance, and more Sapphire Preferred benefits explained in this post.

The CSP is also a Visa Signature card, which unpacks more value, like free movies, wine tastings, and additional savings.

Additional Chase Sapphire Preferred Perks for 2020 and 2021

There are several new perks for Chase Sapphire Preferred cardholders for the next few months.

This includes unlimited deliveries with no delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with a DashPass subscription from DoorDash. This is worth over $100 value. But, you must activate your card by December 31, 2021.

Additionally, cardholders can earn up to $60 in statement credits on Peloton Digital and All-Access Memberships through December 31, 2021. Cardholders don’t need a Peloton bike or treadmill to take advantage of the digital membership, including 1,000s of on-demand or live fitness classes. Also to note, new Peloton Digital Members are entitled to a 30-day free trial by visiting and enrolling using your Sapphire Preferred card.

Points are worth 25% more now through April 30, 2021, when redeemed for statement credits against existing purchases in select, rotating categories with the Chase Pay Yourself Back feature.

Points are also worth 25% more when redeemed through the new Chase Dining hub in Ultimate Rewards, now through April 30th, 2021.

60,000 points bonus: Chase Sapphire Preferred® Card

American Express Platinum

While The Platinum Card® from American Express doesn’t waive its hefty $550 annual fee (See Rates and Fees), several perks can justify this kind of payment.

For starters, you get up to $200 in airline credits each year as statement credits for incidental fees at one qualifying airline. In the past, I’ve used my airline incidental credit to buy American Airlines gift cards. You can also use the credit for bag fees, taxes, seats, and other airfare fees.

Earn 5x Membership Rewards® Points for flights booked directly with airlines or with American Express Travel. Starting January 1, 2021, earn 5x points on up to $500,000 on these purchases per calendar year. Cardholders also earn 5x points on prepaid hotel bookings through

There are also perks of up to $200 Uber savings annually for rides and eats in the U.S.

If the fee is still a little too high, consider one of the other great American Express cards.

Learn more: Johnny Jet Recommended Credit Cards

Additional Amex Platinum Benefits

You will also receive a $100 statement credit for Global Entry (expedited service through US Customs) or $85 statement credit for TSA PreCheck—an excellent benefit if you travel frequently.

Having an American Express Platinum gives you free access to their Centurion Lounges. Centurion lounges are the best domestic airport lounges because they have cool modern designs, better food & drinks, and additional perks, like free massages. However, in my experience, they are all very crowded.

You will also receive free Boingo WiFi, car rental elite status, and Fine Hotels and Resorts benefits.

Additionally, cardholders can get up to $100 in statement credits annually for purchases at Saks Fifth Avenue on their Platinum Card®. That’s up to $50 in statement credits semi-annually. However, they must be enrolled for this benefit to apply.

Which rewards credit card has more perks?

I like that the Chase Sapphire Preferred has category bonuses, but the Amex Platinum card offers more robust travel benefits. So the winner in perks between the Chase Sapphire Preferred vs American Express Platinum is:

Winner: The Platinum Card® from American Express (Learn more: Johnny Jet Recommended Credit Cards)

Best Points? Chase Ultimate Rewards vs American Express Membership Rewards 

Ultimate Rewards

The Chase Sapphire Preferred earns valuable Ultimate Rewards points, which can be redeemed through their online portal for flights, hotels, car rentals, and cruises. You will get a 25% bonus for using your UR points this way. 60,000 points = $750 in award travel. That’s good and all and can make sense in some situations, but the real value of Ultimate Rewards points is found by transferring them out to one of their travel partners.

My favorite UR transfer partners are British Airways, Southwest, Hyatt, Singapore, and United. I can use my UR points for hotels or flights in the United States or abroad. Here are a couple of examples of what I’ve done in the past (prices and awards may have changed since the time of writing):

You can stay at the Park Hyatt Vendome in Paris for 30,000 points a night. Standard rooms at this posh hotel are $1,000 a night.

I fly on the cheap domestically with British Airways Avios since they have a distance-based chart. You can fly American Airlines with British Airways Avios since they are in the OneWorld alliance, and award flights start at just 4,500 Avios one-way. Heck of a deal. I can fly from Austin to Chicago for 7,500 Avios and $5!

Flying to Europe is easy with United Airlines. The Star Alliance (which United is a part of) has a great economy and business class award availability to Europe. You can fly round-trip to Europe with United miles for only 60,000 miles in economy. Business-class flights on United metal are 57,500 each way, or 70,000 on one of their partners, like Lufthansa.

This Chase Sapphire Preferred vs American Express Platinum wouldn’t be complete without comparing transfer partners.

Chase Transfer Partners

  • Aer Lingus AerClub
  • Air Canada Aeroplan (in late 2021)
  • British Airways Executive Club
  • Emirates Skywards
  • Air France KLM Flying Blue
  • Iberia Plus
  • JetBlue TrueBlue
  • Singapore Airlines KrisFlyer
  • Southwest Airline Rapid Rewards
  • United MileagePlus
  • Virgin Atlantic Flying Club

Chase Hotel Partners

  • IHG Rewards Club
  • Marriott Bonvoy
  • World of Hyatt

Membership Rewards

American Express Membership Rewards points can also be transferred out to multiple travel partners. A perk with transferring Amex MR points out to travel partners is that they frequently offer transfer bonuses.

I like to transfer my American Express Membership Rewards points out to Delta, Aeroplan, ANA, British Airways, or Singapore Airlines. Here are a couple of examples of what I’ve done, though things may have changed since the time of writing:

Air Canada’s loyalty program, Aeroplan, is a part of the Star Alliance, so it’s great for award flights to Europe. You have to watch out for fuel surcharges, but they don’t impose any on United flights. And one-way business class award flights on United are only 45,000 miles!

Another option is to transfer your MR points out to ANA. You do have to book round-trip tickets with ANA miles, but you can add three stopovers on your flight, and a round-trip ticket to Europe in economy is only 55,000 miles.

I love flying Singapore Airlines (also a transfer partner UR points) premium cabin flights. It’s a thrill. You can fly their Suites Class from NYC to Frankfurt for only 57,375 miles, or in business class from Houston to Moscow for only 48,875 miles.

Here are the Amex partners for comparison in this Chase Sapphire Preferred vs American Express Platinum review.

American Express Transfer Partners

  • Aer Lingus
  • Aeromexico
  • Air Canada
  • Air France KLM
  • Alitalia
  • ANA
  • Avianca
  • British Airways
  • Cathay Pacific
  • Delta Air Lines
  • EL AL Israel
  • Emirates
  • Etihad
  • Hawaiian Airlines
  • Iberia
  • Jetblue
  • Qantas
  • Singapore Airlines
  • Virgin Atlantic

American Express Hotel Partners

  • Choice Privileges
  • Hilton Honors
  • Marriott Bonvoy

Learn more: Johnny Jet Recommended Credit Cards

Are American Express or Chase Points Better?

American Express Membership Rewards points and Chase Ultimate Rewards points are extremely valuable and can be used for insane travel experiences. I prefer the Chase Ultimate Rewards program because it has better hotel options and options for flights that work better for me.

Both options are worthy though.

Winner: Chase Sapphire Preferred® Card (Ultimate Rewards Points)

Wrap Up on Chase Sapphire Preferred vs American Express Platinum

Honestly, you can’t go wrong with the Chase Sapphire Preferred or American Express Platinum travel cards. I prefer to earn Ultimate Rewards points because they suit my travel goals best, but that doesn’t stop me from earning Membership Rewards points as well.

The Amex Platinum card has superior travel benefits and is worth the $550 annual fee (See Rates & Fees) if you travel frequently. But, if you’re not using those benefits, the Sapphire Preferred with its lesser annual fee of $95 will make much more sense for you.

Either way, both products are excellent and worth thinking about if you’re looking for travel rewards to use soon or in the future.

Related Articles:

For rates and fees of the Platinum Card from American Express, please click here.

Geoff Whitmore

Chase Sapphire Preferred® Card

  • 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®. Plus earn up to $50 in statement credits towards grocery store purchases.
  • 2X points on dining at restaurants including eligible delivery services, takeout and dining out and travel & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for travel through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • With Pay Yourself Back℠, 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.
  • Earn 2x total points on up to $1,000 in grocery store purchases per month from November 1, 2020 to April 30, 2021. Includes eligible pick-up and delivery services.

The comments on this page are not provided, reviewed, or otherwise approved by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airlines or hotel chain, and has not been reviewed, approved or otherwise endorsed by any of these entities.

2 Comments On "Chase Sapphire Preferred vs American Express Platinum 2021"
  1. Kitty B|

    Hi. I like this article. I was wondering if you could do and updated one with the Sapphire Reserve vs the Amex Platinum. Also, we own a small business. Would you be able to look up if you can switch points from one card to another with each brand? Thanks.

    1. Geoff Whitmore|

Leave a Reply

Required fields are marked *