Chase Sapphire Preferred vs Chase Sapphire Reserve — which is worth it to you?

The Chase Sapphire Preferred ($95/yr) and the Chase Sapphire Reserve ($795/yr) side by side: credits, earning rates against a flat 2% cash-back baseline, and protections — with your spending deciding which card actually wins each category.

The Chase Sapphire Reserve charges $795 a year against the Chase Sapphire Preferred's $95, so it starts $700 behind. Both earn Chase Ultimate Rewards, and a point from one is worth the same as a point from the other. What separates them is rates and credits.

Both cards pay a bonus on flights (2x vs 4x), hotels (2x vs 4x) and dining (3x vs 3x). The Chase Sapphire Preferred also has a bonus on other travel (2x), streaming (3x) and gas & ev charging (3x), with nothing to match it on the Chase Sapphire Reserve.

The Chase Sapphire Preferred comes with 4 statement credits, the biggest being Complimentary Apple TV (12 months) ($156/yr), $10/month DoorDash Promo ($120/yr) and $100 Annual Chase Travel Hotel Credit, plus 1 more. The Chase Sapphire Reserve has 12 statement credits: $500 'The Edit' Hotel Credit, $500 Southwest Airlines Chase Travel Credit ($75k spend) and $300 Annual Travel Credit, plus 9 more. All of these are face values, and a credit only really pays out if it covers something you were buying anyway.

Both cards carry emergency evacuation, extended warranty, lost luggage, memberships, no foreign transaction fees, purchase protection, rental car collision coverage, travel accident insurance, trip cancellation and trip delay. The Chase Sapphire Reserve also has elite status, emergency medical, lounge access, Reserve Travel Designers, return protection and roadside assistance, with no equivalent on the Chase Sapphire Preferred.

Chase Sapphire Preferred

Chase · $95 annual fee · earns Chase Ultimate Rewards

Earning rates

5x Chase Travel portal bookings
2x Flights booked direct
2x Hotels booked direct
2x Other travel
3x Dining worldwide
3x Online grocery purchases
3x Select streaming services
3x Gas stations & EV charging
3x Vacation home rentals at top brands
5x Lyft rides
5x Peloton purchases over $150
1x Everything else

Statement credits (4)

$100 Annual Chase Travel Hotel Credit — Up to $100 in statement credits each account anniversary year for hotel stays booked and prepaid through Chase Travel.
$10/month DoorDash Promo — A $10 promo credit each month ($120/year) on DoorDash, with DashPass enrollment.
Complimentary Apple TV (12 months) — At least 12 months of complimentary Apple TV, if you activate by Dec 31, 2026.
Global Entry / TSA PreCheck / NEXUS Credit — $120 application-fee credit once every 4 years (~$30/yr).

Full Chase Sapphire Preferred breakdown — 10 more benefits on the full page.

Chase Sapphire Reserve

Chase · $795 annual fee · earns Chase Ultimate Rewards

Earning rates

8x Chase Travel portal bookings
4x Flights booked direct
4x Hotels booked direct
3x Dining worldwide
5x Lyft rides
1x Everything else

Statement credits (12)

$300 Annual Travel Credit — Automatic statement credit against almost any travel purchase — flights, hotels, transit, parking.
$500 'The Edit' Hotel Credit — Up to $250 back per half-year on prepaid 2+ night stays booked through The Edit by Chase Travel.
$250 Select Chase Travel Hotels Credit — Up to $250 back on prepaid 2+ night Chase Travel bookings at select hotel brands, through Dec 31, 2026.
$300 Exclusive Tables Dining Credit — $150 per half-year at 'Sapphire Reserve Exclusive Tables' restaurants booked via OpenTable.
$300 StubHub / viagogo Credit — $150 per half-year toward event tickets on StubHub or viagogo.
Apple TV+ & Apple Music — Complimentary Apple TV+ and Apple Music subscriptions (activation required).
DoorDash Monthly Promos — Up to $25/month in DoorDash credits ($5 restaurant + two $10 non-restaurant promos), requires DashPass enrollment.
$10/month Lyft Credit — In-app Lyft credit each month, plus 5x points on Lyft rides.
$10/month Peloton Credit — Statement credit toward Peloton memberships.
Global Entry / TSA PreCheck / NEXUS Credit — $120 application-fee credit once every 4 years (~$30/yr).
$250 Shops at Chase Credit ($75k spend) — Up to $250 in statement credits at The Shops at Chase, unlocked once calendar-year card spend reaches $75,000.
$500 Southwest Airlines Chase Travel Credit ($75k spend) — Up to $500 in statement credits for Southwest Airlines purchases via Chase Travel, unlocked once calendar-year card spend reaches $75,000.

Full Chase Sapphire Reserve breakdown — 19 more benefits on the full page.

Card data verified against issuer sources: Chase Sapphire Preferred on 2026-08-20, Chase Sapphire Reserve on 2026-08-24.

All cards · Compare cards · Find your card