Card comparison

Chase Sapphire Preferred vs Chase Sapphire Reserve

Two Ultimate Rewards cards compared

Verified July 2026

TL;DR — quick verdict

The Chase Sapphire Preferred ($95) undercuts the Chase Sapphire Reserve ($795) on annual fee. Pick the Chase Sapphire Preferred for everyday Lyft spending (5x); pick the Chase Sapphire Reserve for everyday Chase Travel spending (8x).

At a Glance

Chase Sapphire Preferred

Annual Fee
$95
Signup Bonus
100,000 points
Network
Visa
Points Currency
Ultimate Rewards
Earning Rates
Lyft 5x
Dining 3x
Travel 2x
Peloton 5x
Vacation Homes 3x
Streaming Services 3x
Gas And Ev Charging 3x
Chase Travel Purchases 5x

Chase Sapphire Reserve

Annual Fee
$795
Signup Bonus
100,000 points
Network
Visa
Points Currency
Ultimate Rewards
Earning Rates
Dining 3x
Chase Travel 8x
General Travel 2x
Flights And Hotels 4x

Category Breakdown

How they compare across key categories

Annual Fee

Chase Sapphire Preferred wins

Chase Sapphire Preferred $95 vs Chase Sapphire Reserve $795

=

Welcome Bonus

Tie

Chase Sapphire Preferred: 100,000 points after $5,000 in 3 months vs Chase Sapphire Reserve: 100,000 points after $6,000 in 3 months

Top Earning Rate

Chase Sapphire Reserve wins

Chase Sapphire Preferred: 5x on Lyft vs Chase Sapphire Reserve: 8x on Chase Travel

Perks & Credits

Chase Sapphire Reserve wins

Chase Sapphire Preferred: 4 listed benefits vs Chase Sapphire Reserve: 7 listed benefits

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Transfer Partners

Tie

Chase Sapphire Preferred: 14 airline and hotel partners vs Chase Sapphire Reserve: 14 airline and hotel partners

Perks & Benefits

Chase Sapphire Preferred

  • Chase Travel hotel credit ($100)
  • Global Entry/TSA PreCheck credit ($120)
  • DoorDash DashPass ($96)
  • Apple TV subscription ($129)

Chase Sapphire Reserve

  • Travel credit ($300)
  • The Edit hotel credit ($500)
  • Dining credit ($300)
  • StubHub/Viagogo credit ($300)
  • Peloton credit ($120)
  • Lounge access
  • IHG elite status

Which Is Right for You?

Get the Chase Sapphire Preferred if...

  • Lower $95 annual fee
  • Earns 5x on Lyft
  • Earns 5x on Peloton
  • Chase Travel hotel credit ($100)

Get the Chase Sapphire Reserve if...

  • Premium benefits to offset the $795 fee
  • Earns 8x on Chase Travel
  • Earns 4x on Flights and hotels
  • Travel credit ($300)

Related Resources

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Chase Points Value

What are Chase points worth?

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Frequently Asked Questions

Is the Chase Sapphire Preferred or Chase Sapphire Reserve better?

The Chase Sapphire Preferred ($95) undercuts the Chase Sapphire Reserve ($795) on annual fee. Pick the Chase Sapphire Preferred for everyday Lyft spending (5x); pick the Chase Sapphire Reserve for everyday Chase Travel spending (8x). Both earn transferable rewards, so many points collectors hold one from each ecosystem.

Which has the lower annual fee, the Chase Sapphire Preferred or Chase Sapphire Reserve?

The Chase Sapphire Preferred has the lower annual fee at $95, versus $795 for the Chase Sapphire Reserve.

Which card earns points faster?

The Chase Sapphire Preferred earns up to 5x on Lyft, while the Chase Sapphire Reserve earns up to 8x on Chase Travel.

Can I have both the Chase Sapphire Preferred and the Chase Sapphire Reserve?

Yes, but mind Chase's 5/24 rule — Chase generally won't approve you for either card if you've opened five or more cards across all issuers in the past 24 months.

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Need More Points?

Earn bonus points with these credit card offers

Can't find availability at your current points balance? These credit cards offer generous welcome bonuses to help you book your dream flight.

The Business Platinum Card from American Express

Business · Annual fee $895

US only

300,000 points

after $20,000 in 3 months

  • Travel Credit ($600)
  • Global Lounge Collection ($850)
  • Hilton Credit ($200)
Learn more & apply

The Platinum Card from American Express

Personal · Annual fee $895

US only

175,000 points

after $12,000 in 6 months

  • Hotel credit ($600)
  • Travel credit
  • Airline fee credit ($200)
Learn more & apply

American Express Gold Card

Personal · Annual fee $325

US only

100,000 points

after $8,000 in 6 months

  • Monthly dining credit ($120)
  • Hotel Collection credit ($100)
  • Hertz Five Star status
Learn more & apply

Chase Sapphire Preferred

Personal · Annual fee $95

100,000 points

after $5,000 in 3 months

  • Chase Travel hotel credit ($100)
  • Global Entry/TSA PreCheck credit ($120)
  • DoorDash DashPass ($96)
Learn more & apply

Chase Sapphire Reserve

Personal · Annual fee $795

100,000 points

after $6,000 in 3 months

  • Travel credit ($300)
  • The Edit hotel credit ($500)
  • Dining credit ($300)
Learn more & apply

Chase Ink Business Preferred®

Business · Annual fee $95

100,000 Ultimate Rewards points

after $8,000 in purchases in the first 3 months

  • 3x points on travel & shipping
  • 3x points on advertising
  • 3x points on internet/cable/phone
Learn more & apply

Credit card approval subject to eligibility. Terms and conditions apply. American Express cards shown are available to US residents only.