Edited by: Jessica Merritt
& Juan Ruiz
Many of the credit card offers that appear on this site are from credit card companies from which we receive financial compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). However, the credit card information that we publish has been written and evaluated by experts who know these products inside out. We only recommend products we either use ourselves or endorse. This site does not include all credit card companies or all available credit card offers that are on the market. See our advertising policy here where we list advertisers that we work with, and how we make money. You can also review our credit card rating methodology.
We may be compensated when you click on product links, such as credit cards, from one or more of our advertising partners. Terms apply to the offers below. See our Advertising Policy for more about our partners, how we make money, and our rating methodology. Opinions and recommendations are ours alone.
When it comes to premium travel rewards cards, there’s just a short list of cards that stand out from the others. The Business Platinum Card® from American Express and the Chase Sapphire Reserve® are 2 cards that are frequently mentioned in this category.
A premium rewards card can deliver elevated earnings on your purchases, provide travel benefits that make your trip more comfortable, and offer redemption options that maximize your hard-earned rewards. Both of the cards we’re comparing today accomplish all of this and more.
If you’re considering a new premium rewards card and looked at either, or both, of these cards, you know there’s value to be found.
That potential value is the reason we’ve chosen these 2 popular cards for our comparison. Our article today will look at how each of these cards provides value in the categories that matter most to travelers, but we’ll also consider the additional benefits that sweeten the deal.
Having all the information you need to select the right rewards card for your situation is important, so let’s get started.
If you need a business credit card to keep business and personal purchases separated and simplify expense organization, you’ll, of course, want to consider a business card.
If however, you’re ready to select just 1 card and it could be either of our featured cards, our comparison will help you immensely with your decision.
|Benefit||The Business Platinum Card® from American Express||Chase Sapphire Reserve®|
|Welcome Bonus||OUR BEST OFFER: Earn 120,000 points after you spend $15,000 on purchases in the first 3 months.||Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months.|
|Top Travel Benefits and Protections||
|Top Shopping Benefits and Protections||
|Annual Fees and Authorized Users||
Note that some benefits of the Amex Business Platinum card require enrollment through your American Express account.
Welcome bonuses are normally earned on cards when you meet specific spending requirements within 3 months after you are approved for the card. These bonuses can be substantial and serve to jump-start your rewards account.
These welcome bonuses do fluctuate, so you’ll always want to thoroughly review the most current offer before applying for any card.
Here’s a snapshot of the welcome bonuses on our featured cards:
Hot Tip: Check to see if you’re eligible for a huge welcome bonus offer of up to 170,000 points with the Amex Business Platinum. The current public offer is 120,000 points. (This targeted offer was independently researched and may not be available to all applicants.)
Membership Rewards points can typically be redeemed for 1 cent each. But with the Amex Business Platinum card, you may receive significantly more potential value when transferring points to travel partners or redeeming for travel via Amex Travel.
It’s difficult to determine which points are more valuable, as value is based on your redemption preference.
You can be confident that regardless of which card you select, the rewards you earn will be some of the most valuable available.
Let’s look at how the 2 compare when it comes to earning potential and redemption options.
Selecting a card that matches your spending profile is a key element to maximizing earnings. Let’s look at how our featured cards earn rewards on the purchases you make.
|Amex Business Platinum Card||
|Chase Sapphire Reserve Card||
While the associated rewards programs have differences, there are similarities when it comes to redeeming your points for good value.
Here’s how the cards stack up when you’re ready to redeem your rewards.
|Redemption Options||Amex Business Platinum Card||Chase Sapphire Reserve Card|
|Redeem for Travel||Redeem points for 1.5 cents each for travel via the Chase travel portal|
|Transfer Points to Travel Partners||20 Amex travel partners, most transfer 1:1 ratio, small fee applies for transfers to domestic airlines||10+ airline/hotel partners, 1:1 transfer ratio|
|Redeem for Statement Credits||Redeem for statement credits at the rate of 0.6 cents per point||
|Other Redemption Options||Gift cards, Amazon, Uber, and with other shopping partners||Gift cards, Amazon, Apple, and Chase Experiences|
The best value for your points in either program is to redeem for travel, but Chase offers Pay Yourself Back to redeem points for purchases in qualifying categories at 1.5 cents per point.
You won’t find broader lounge access benefits than what comes on the Amex Business Platinum card and on the consumer version, The Platinum Card® from American Express.
The Chase Sapphire Reserve card steps up with its own worldwide lounge access benefit. Its benefit, although not matching that of Amex, still offers access to plenty of lounge properties.
Let’s take a look at the options offered by both cards.
The Amex Business Platinum card offers access to over 1,400 lounge properties worldwide and includes the following networks:
The Chase Sapphire Reserve card comes with a Priority Pass Select membership that includes access to over 1,300 properties worldwide.
Chase has launched Chase Sapphire Lounge by The Club, with 1 open in Hong Kong and several U.S. lounges opening over the next few years. Both Chase Sapphire Reserve cardholders and those with a Priority Pass membership will be able to access this lounge network.
The Chase Sapphire Reserve card also gives cardholders and 2 guests access to Chase Sapphire Terrace locations. Currently, there’s only 1 location, at Austin–Bergstrom International Airport (AUS) in Texas.
Statement credits provide direct value by reimbursing you for specific purchases.
Here are the statement credits you can expect to see on our featured cards:
|Amex Business Platinum Card||
Note: Some benefits of the Amex Business Platinum card require enrollment through your American Express account
|Chase Sapphire Reserve Card||
With special benefits at 2 unique hotel collections and complimentary hotel elite status in 2 popular programs, the Amex Business Platinum card delivers value cardholders can use at thousands of properties.
Although the Chase Sapphire Reserve card does not offer hotel program elite status, the card does come with elite-style benefits with several worldwide hotel programs.
There are few airline-related perks offered on our featured cards, but the Amex Business Platinum card does offer these associated benefits:
The Chase Sapphire Reserve card does not offer any airline-related benefits.
Cardholders receive several car rental program discounts and enhanced benefits such as car upgrades with partner car rental companies including Avis, National, and Audi on demand (formerly Silvercar).
While the travel insurance that comes with your credit card doesn’t replace the need to consider purchasing travel insurance, you will find coverage that can be sufficient for trips that don’t involve a large non-refundable investment.
Here’s how our featured cards compare with the travel insurance coverages offered:
|Benefit/Protection||Amex Business Platinum Card||Chase Sapphire Reserve Card|
|Car Rental Insurance||Secondary coverage with the option to purchase Premium Protection for 1 low fee that covers the entire rental period ranging from $12.25 to $24.95||Primary car rental insurance|
|Trip Cancellation and Trip Interruption||$10,000 per trip, $20,000 maximum per eligible card each 12-month period||$10,000 per trip, $20,000 per incident, $40,000 per 12-month period|
|Trip Delay Reimbursement||Up to $500 per trip, maximum 2 claims per 12-month period||Up to $500 per trip for delays over 6 hours or overnight|
|Baggage Insurance||Up to $2,000 per checked bag, $3,000 per carry-on bag for lost, damaged, or stolen baggage; no coverage for delayed baggage||Up to $3,000 per person, per trip for lost, damaged, or stolen baggage, and up to $500 for baggage delayed over 6 hours|
|Roadside Assistance||None||Covers up to 4 service calls each year for a maximum of $50 per event|
|Emergency Evacuation||Included with no stated limit via Global Assist Hotline||$100,000 emergency evacuation|
|Medical and Dental Coverage||None||$2,500 emergency medical/dental and up to $75 per day, up to 5 days, for related accommodations|
|Travel Assistance Services||Premium Global Assist Hotline||Travel and Emergency Services Assistance|
|Travel Accident Insurance||None||Up to $1,000,000|
In addition to shopping benefits and protections, both Amex and Chase offer statement credits and elevated earnings offers via Amex and Chase Offers.
While both cards offer premium benefits, respectable earning opportunities, and redemption options, one of these cards may be a better fit for your situation over the other.
Here’s our take on which card might have the edge in each category:
Keep in mind that this summary is just an overview — the actual value you receive will vary based on your priorities. Also, we have not included every benefit offered on each card, only the core benefits that provide the most value.
Both of our featured cards offer excellent earning and redemption options, worldwide lounge access, and plenty of travel and shopping benefits.
The best card for you will be the one that best matches your spending and redemption goals and offers benefits that will deliver value.
If you’re a business traveler who travels internationally, the Amex Business Platinum card could provide plenty of value. If your travel is more of a personal nature, but you still want premium travel benefits, the Chase Sapphire Reserve card may work for you.
In the end, you won’t go wrong with either of these premium card options.
For the secondary rental car coverage benefit of The Business Platinum Card® from American Express, Car Rental Loss and Damage Insurance can provide coverage up to $75,000 for theft of or damage to most rental vehicles when you use your eligible Card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver or similar option offered by the Commercial Car Rental Company. This product provides secondary coverage and does not include liability coverage. Not all vehicle types or rentals are covered. Geographic restrictions apply. Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.
For the baggage insurance benefit of The Business Platinum Card® from American Express, Baggage Insurance Plan coverage can be in effect for Covered Persons for eligible lost, damaged, or stolen Baggage during their travel on a Common Carrier Vehicle (e.g. plane, train, ship, or bus) when the Entire Fare for a ticket for the trip (one-way or round-trip) is charged to an Eligible Card. Coverage can be provided for up to $2,000 for checked Baggage and up to a combined maximum of $3,000 for checked and carry-on Baggage, in excess of coverage provided by the Common Carrier. The coverage is also subject to a $3,000 aggregate limit per Covered Trip. For New York State residents, there is a $2,000 per bag/suitcase limit for each Covered Person with a $10,000 aggregate maximum for all Covered Persons per Covered Trip. Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.
For the premium global assist benefit of The Business Platinum Card® from American Express, you can rely on Global Assist Hotline 24 hours a day / 7 days a week for medical, legal, financial or other select emergency coordination and assistance services while traveling more than 100 miles away from your home. Plus, we may provide emergency medical transportation assistance and related services. Third-party service costs may be your responsibility. Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. If approved and coordinated by Premium Global Assist Hotline, emergency medical transportation assistance may be provided at no cost. In any other circumstance, Card Members may be responsible for the costs charged by third-party service providers.
For the purchase protection benefit of The Business Platinum Card® from American Express, Purchase Protection is an embedded benefit of your Card Membership and requires no enrollment. It can help protect Covered Purchases made on your Eligible Card when they’re accidentally damaged, stolen, or lost, for up to 90 days from the Covered Purchase date. The coverage is limited up to $10,000 per occurrence, up to $50,000 per Card Member account per calendar year. Coverage Limits Apply. Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.
For the extended warranty benefit of The Business Platinum Card® from American Express, when an American Express® Card Member charges a Covered Purchase to an Eligible Card, Extended Warranty§ can provide up to one extra year added to the Original Manufacturer’s Warranty. Applies to warranties of five (5) years or less. Coverage is up to the actual amount charged to your Card for the item up to a maximum of $10,000; not to exceed $50,000 per Card Member account per calendar year. Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.
For the trip cancellation and interruption insurance benefit of The Business Platinum Card® from American Express, the maximum benefit amount for Trip Cancellation and Interruption Insurance is $10,000 per Covered Trip and $20,000 per Eligible Card per 12 consecutive month period. Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.
For the trip delay insurance benefit of The Business Platinum Card® from American Express, up to $500 per Covered Trip that is delayed for more than 6 hours; and 2 claims per Eligible Card per 12 consecutive month period. Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.
For the Return Protection benefit of The Business Platinum Card® from American Express, you may return eligible purchases to American Express if the seller won’t take them back up to 90 days from the date of purchase. American Express may refund the full purchase price excluding shipping and handling, up to $300 per item, up to a maximum of $1,000 per calendar year per Card account, if you purchased it entirely with your eligible American Express® Card. Purchases must be made in the U.S. or its territories. Eligibility and benefit level varies by Card. Terms, Conditions and Limitations Apply.
Was this page helpful?
Travel is changing fast... Stay on top of all the points strategies, exclusive offers & pivotal news - and lock in huge savings along the way.
Disclaimer: Any comments listed below are not from the bank advertiser, nor have they been reviewed or approved by them. No responsibility will be taken by the bank advertiser for these comments.