Chase Sapphire Preferred vs Reserve (Choose Wisely)

In this video we’re comparing the Chase Sapphire Preferred vs Chase Sapphire Reserve to see which of these two Chase credit cards is right for you. I’ve been using the Sapphire Preferred for the past four years now and I can say that it’s been one of the best credit cards for me in my own credit card strategy. However, I plan to switch over to the Sapphire Reserve card in the near future and I’ll explain why in this video.

As I compare the Chase Sapphire Reserve vs Chase Sapphire Preferred, I tried to look at all of the major features and benefits that each Chase Sapphire card can give you. These features and benefits include the sign up bonuses, annual credits that partially offset the annual fee, partnership benefits, spending multipliers for earning Chase Ultimate Rewards Points, and much more.

Overall, both the Chase Sapphire Preferred and Chase Sapphire Reserve are great travel credit cards. You can only have one Sapphire card at a time, but you can also combine that card with other Chase credit cards like the Freedom Unlimited and Freedom Flex to create a Chase Trifecta setup. This Chase credit card setup is very valuable and is something that I've been using a lot over the past few years. If you’re someone that travels even a little bit each year, then you’re going to get a lot out of having a Chase Sapphire card. Hopefully this video will help you to pick exactly which credit card to get!

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CHAPTERS:
0:00 - Intro
0:51 - Annual Fees & Credits
4:30 - Welcome Bonuses
5:21 - Rocket Money
6:44 - Value of Bonuses
9:58 - Multipliers
11:37 - Switching to CSR
13:19 - More Features
15:21 - CSP vs CSR

The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.

[Daniel_Braun]

***NOTE: As of July 1, 2024 the Chase Sapphire Reserve will be losing Priority Pass restaurant access. This is a change that was made several months after this video was published.

[darrenwastestime]

The catch with both these cards is Chase’s travel booking site is horrific to use. It’s slow, doesn’t save recent searches, and has mediocre selection.

[badgerresistance]

I recently traveled with a friend with the Chase Sapphire Reserved and was amazed at all the access to lounges and food credits, not to mention the global entry or TSA pre check. Then when he got married, he used all the points to fly to Paris for a 2 week honeymoon and more points to stay at different 4+ star hotels while in france. He made me a believer that the 550 annual fee was basically a membership fee to a better travel experience for life. Now I'm fixing my credit to make that Chase Trifecta.

[KevinYang]

Team Chase Sappphire Preferred 💪(And also my first travel credit card!) But that's really because I have (and keep finding value) from the Amex Platinum and Venture X cards, so it's really hard to fit in another premium card in that setup. Similar to you, the lounge here in my home airport is the (new) Centurion lounge, so definitely relying on the Plat there, and of course given my primary way of using Chase points is partner redemptions, it just makes sense! Great breakdown Daniel!

[sjg]

I have the Preferred. It's all about the value from transfer partners, mainly Hyatt, which is mine and that of many in the Sapphire family. The Chase Travel Portal tends to price very poorly.

[druiz]

Nice Video Daniel, I upgraded my CSP to CSR and added my wife as AU in August. For our travel habits its definitely been a winner so far. Easiest travel credit, 3x on travel purchases (very broad) PP restaurants (being based out of PDX) have been huge. Plus we travel with the kids to Boston (mother-in-law lives there) every winter and summer. Hopefully the card works out as great for you as it has for me!

[ryanccc]

Mileage may vary, for me I use the CSP for the transfer partners which is the same on the more expensive CSR and I already have PP lounge access through the VX which once per year gets you into a Sapphire lounge anyway. I also can take advantage of the online grocery multiplier on the CSP in store when paying through the APP of multiple grocery chains which is not a benefit on the CSR.

[joephillips]

Based on the current meta, I think I would eventually land on the CSR as an end game strategy and use UR points for domestic travel and other cards for international trips. Until then, I still have a lot of welcome bonuses to chase down.

[IS-dbpn]

Another factor that differentiates these cards is the cost to add authorized users. On the preferred it’s free. On the reserve it’s a $75 fee to add an authorized user, but they get their own priority pass card.

[FillUp]

I just PC my CSR after having it for 5+ years to an OG freedom and going to apply for CSP once I see a nice sign on bonus. I think that's a better model than upgrading/downgrading cards to CSP to CSR as you miss out on the sign on bonus. In addition, if you PC your CSR within 41 days of posting date of annual fee, you will get refunded.. so be sure to use that $300 travel credit! Won't get clawed back! Happy churning :)

[aaronhutchinson]

I got the preferred 2 years ago with 100k bonus. I use the points to transfer to partner airlines. 3x on restaurants basically covers most of the annual fee. Appreciate the video. Their chase travel site is terrible for real 😂😂😂😂

[holtondoingthings]

This was such a helpful video! Clear and concise information, exactly what I was searching for. Cheers bro!!

[SpencerJohnsonOfficial]

I just recently upgraded my CSP to the CSR and I'm super happy I did. I've already gotten so much more use out of my Reserve than I did with the Preferred, especially on the travel side of things. I can see the Reserve being a staple in my wallet for a long time to come!! Great breakdown here man 👊🏼

[WeiliXu]

Reserve is one of the few credit cards that offer Nexus. That is a rare benefit because Nexus is free to kids and only $50 per adult (family of 4 covered). The program covers global entry, TSA, and Canada entry.

[jg]

You can get tsa pre check for 100$ for 5 years and if you don’t have a chase Lou he in your state I would just say go with the preferred, just my opinion maybe it will change in the future

[patrickaberin]

Great video as always! Since you had the CSP for 4 years, will you be eligible for the sign up bonus when switching to the CSR?

[kaina]

I plan to use the UR points to transfer to Southwest so the bonus for both are the same.

[LK_EBM]

What a timely video! I'm thinking about upgrading my Preferred to the Chase Sapphire Reserve as well!

[marinrodriguez]

Is the points boost really worth it when the real benefit comes from transferring points to airline miles and hotel stays? And for the most part no one is going to book travel thru the portal.

[BirchFinance]

Daniel, gotta say, great visual fx - really helps convey the information while holding attention. I had the CSR until they raised that annual fee a couple years ago so I downgraded to the CSP to keep all the points. But I will say, I miss the super flexible $300 credit. Awesome videos, man. Keep up the stellar work.