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

This comparison aims to assist users in deciding between the Chase Sapphire Reserve® and The Business Platinum Card® from American Express. Both cards offer unique benefits tailored to different types of spenders and travelers, making it essential to evaluate their features carefully.

Chase Sapphire Reserve®

The Chase Sapphire Reserve® is designed for frequent travelers who seek high rewards for travel-related purchases. With premium travel benefits, significant rewards points, and a solid annual travel credit, this card is best suited for those who travel often and want to maximize their rewards.

• Annual Fee: $550
• Welcome Bonus: Earn 60,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.
• Additional Benefits: $300 Annual Travel Credit, 50% more value when redeeming points for travel, and access to 1,300+ airport lounges worldwide.

The Business Platinum Card® from American Express

The The Business Platinum Card® from American Express is tailored for business owners who travel frequently and want premium travel perks as well as valuable rewards on business-related spending. With access to a wide range of airport lounges and significant statement credits, this card is ideal for those who manage a business and travel regularly.

• Annual Fee: $695
• Welcome Bonus: Earn 150,000 Membership Rewards® points after you spend $20,000 on eligible purchases in the first 3 months of Card Membership.
• Additional Benefits: Access to over 1,400 airport lounges, $200 Airline Fee Credit, and up to $1,000 in statement credits on select purchases in the first year.

Detailed Feature Comparison

Rewards Highlights

The Business Platinum Card® from American Express:

• Earn 5X Membership Rewards® points for flights, prepaid hotels, and short-term rentals and prepaid flight + hotel packages booked at AmexTravel.com.
• Earn 1.5X points on eligible purchases at US construction, hardware suppliers, electronics, and shipping providers, as well as on purchases of $5,000 or more.
• Earn 1X points on other eligible purchases.

Chase Sapphire Reserve®:

• Earn 10x total points on hotels and car rentals when you purchase travel through Chase Travel℠.
• Earn 5x total points on flights through Chase Travel℠.
• Earn 3x points on other travel and dining.
• Earn 1 point per $1 spent on all other purchases.

Pros and Cons

Chase Sapphire Reserve®

• Pros:
  • High rewards on travel and dining.
  • Generous travel redemption value.
  • Comprehensive travel insurance benefits.
  • Annual travel credit effectively reduces the annual fee.
• Cons:
  • Higher annual fee compared to some other cards.
  • Welcome bonus requires significant spending in the first 3 months.

The Business Platinum Card® from American Express

• Pros:
  • Significant welcome bonus and statement credits available.
  • Extensive lounge access globally.
  • Rewards on various business-related purchases.
  • Additional benefits tailored for business owners.
• Cons:
  • Higher annual fee than many personal cards.
  • Welcome bonus requires a much higher spending threshold.

Who Should Consider Which Card?

• Chase Sapphire Reserve®: Ideal for frequent travelers who value high rewards on travel and dining, and want comprehensive travel benefits.
• The Business Platinum Card® from American Express: Best suited for business owners who travel often and want to maximize rewards on business-related expenses while enjoying premium travel perks.

Conclusion

Choosing between the Chase Sapphire Reserve® and The Business Platinum Card® from American Express ultimately depends on your individual needs and spending patterns. Consider your travel frequency, spending habits, and the type of rewards you value most when making your decision.

“Disclaimer: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.”