Amex Platinum vs Chase Sapphire Reserve: Best Travel Card?! 2024
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- เผยแพร่เมื่อ 13 มิ.ย. 2024
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Timeline
0:00 Start Here
0:34 Chase Sapphire Reserve and Amex Platinum Basics
3:43 Superpowers
8:35 Other Considerations
9:51 Hotel Status
10:51 Travel Protections
12:47 Redeeming Points
14:10 Overall Thoughts
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I really wish the Platinum would make the 1x a 2x to make it a daily driver.
As one who had both cards and has been traveling full time for the last 4 years, Chase is the one to go with world wide! I dropped that Amex because it's not accepted in most countries. It's great for booking hotels and flights, but for dining and daily expenses, the Amex is not useful for the expense. If you stay in the states and travel occasionally, then Amex would be fine. But if you travel the world a bunch, or full time like me, then the Sapphire Reserve card wins hands down.
by far the best video I've seen on the subject, thanks for posting!
🥤Sebby, your information is golden!
learned something new.thank you for sharing.
Good info and video like always Sebby. 🥤
🥤Hey Sebby! Just wanted to say you thank you for your videos. I’ve learned so much and have gotten to travel like no one in my family. 🥤
Awesome! Love to hear it 🙌
With a centurion lounge, you don’t get two guests anymore. You must spend 75k to get guests
Good catch!
Your guests can still get access if you don’t meet the 75k min, but they have to pay $50 per correct?
Yep this is a big change mainly because their lounges are always so packed but it is a big negative for amex
Hey Sebby! I’d love to see your two player strategy and how that plays out with the cards in the current market! Your last video was over five years ago and would love to see an updated one:)
🥤I went with the preferred and platinum. Since the CSP has more bonus categories and also has primary CDW. I do get use of some of the platinum coupon credits
DONT GET THE PLAT FIRST. If you don’t already have a gold or green card, get AT LEAST the gold card first. You will not be eligible for the SUB for each if you get the Plat first.
I’d get the Green first. You actually want to put travel spending on it, unlike the Gold and Platinum (other than flights).
I fucked up. I read it was the opposite until about six months ago. I got the plat first.
I only qualify for the 60k sub versus the 90k sub. You think it’s still worth?
Got 70k for the gold 3 years ago and just got 175 k for the platinum
I would like them both, but since im more of casual traveler im leaning towards the cap1 VX
Ive had both and got rid of the platinum. Centurion lounge is great but very rarely do i fly into a place that has one and neither does my home airport. You also can't bring in a guest which sucks. Also the plat charged me money for transferring points which ticked me off. CSR gives you access to priority pass restaurants which is very nice and with my wife she gets in with me. Its accepted throughout the world because its visa as Amex i was always told we don't take amex....very annoying.
no restaurants anymore coming this summer 😟😟😟😟
🥤- do you have a video solely on car rental coverages when using credit cards? I'm not on either team, but looking to upgrade from the C1 V.
🥤I was definitely looking into both of these to get to our family. I decide to go with The Ritz Carlton since we are in the Boston area, it does give us better lounge access and we are more focus on a hotel type of card at this time.
I might gonna get the platinum in the future, but for now the math doesn't work in our favor.
Great video as always Sebby. 👍
GOOD info- as always. I love the schwab plat and transfering MR @ 1.1 CPP to my brokerage. That has really helped me kick start my portfolio. The CS Prefered seems to be a good match with the Plat with only a $95 fee and 80K UR points I got in a flyer the other day.
You missed that the emirates lounge in DC (IAD) is now a chase sapphire lounge with great ammenties!
IAD!!!!
Do you use Max Rewards or Cardpointers App? If so, can you please do a comparison/review video? I’m stuck on deciding between the two 😅
🥤Currently going towards year 2 with CSR. I was looking at the Amex until they started doing couponing. If they want to treat high-end cards like coupon books, I will treat them like coupon books.
🥤 always keep CSR and only close in the 3rd year (so I can reapply for the bonus) and only open Platinum when there's additional incentive now, ever since they changed their lounge rules.
Team CSR. Just watched your other video that CSR will stop Priority pass “restaurant” access benefit July 2024!!! We have used this often at SFO so gives us food for thought to change. Recently visited the CSR lounge in Boston which was super nice!
I would like to hear Sebby break down CSR vs CSP+Ritz.
@@newagain9964 access to portal and transfer partners and pool with Freedom subs and earnings
accessing Transfer partners@@newagain9964
Super important travel perk that I had painful lesson on: Chase reserve has delayed baggage insurance. Amex Plat doesn't. Chase will pay you $100 per day your bag is lost. Airlines usually give you a measly $50 while you wait for luggage.
Just realized this is applicable to Chase Sapphire Preferred as well!
I just got the Platinum and I am actually able to use all tops credit. Essentially brought my card AF to 0. I am super happy with amex customer service so far so I will be keeping the card for a while.
🥤I’m team both. Amex for flights (especially ANA for non-JP flights). Chase for Hyatt. My spend breakdown is:
- Flights (direct): Plat (duh)
- Hotels: CSR x10
- Food: Gold for x4, CFU with x6 if they don’t take Amex.
- Lyft: CSR for x10
- Uber: BBP for x2 and $25/mo credit from Gold+Plat
- Subway: CSR for x3
- Catchall: (x3 because of double cashback for 2024, but otherwise would be x2 with BBP)
I also put my tuition and HOA on the CFU for 3x back this year. Next year I’ll probably go back to what I was doing before which was churning Ink cards, or may switch to BILT on rent days for x2 (even with a 3% fee on tuition, BILT points are so valuable to me I’ll easily get my money’s worth).
For me to switch Amex would need to lose ANA, Chase would need to lose Hyatt. That or some crazy change to the lineup that gives a way better redemption rate on everything I use the other for.
Great pro tips
Solid video as always. I noticed the Platinum card can get you into each Sapphire Lounges in the USA once for free. I’m looking forward to trying it out at JFK in a few months.
🥤 Thanks for the new video.
Not related to this video but I was wondering if it’s worth using airline partners or going with another company? Like delta is partnered with hertz but I heard national is better.
I appreciate your breakdown! I'm currently going back and forth about which one to get, but after this, I'm still leaning toward the Platinum card for the lounge access.
Not mentioned in the video.... The Platinum lounge access does not include any guests. If you want guests you have to spend at least 75k/year on the card.
I have both. So far on a net basis I am slightly positive on both I guess, but I am hoping to do a business class redemption that will add a lot of value.
If I would choose, I might lean towards the CSR.
Something unrelated to this video. I am thinking of getting the Capital One Venture X & Citi AAdvantage Executive. Even though the Venture X may not be as good, I think a combination of these two may be something unique.
Also, the reason I brought up the AAdvantage Executive is that my parents have the Platinum Select & want to give them an upgrade. At the same time, it makes sense for me
1. Team Amex Platinum
2. Deciding factors: LAX and PHL lounges (since I’m at these airports the most), Equinox credit (was a member over a year before I got the platinum), and the other credits for a lot of the expenses I already have.
3. I would switch to CSR once they have lounges in LA and Philly (Dallas and Atlanta are important cities too). Overall it has better multipliers.
Priority pass is garbage at LAX. AMEX is so much better if you fly LAX a lot.
I have the CSR for better multipliers and the transfer partners.
🥤just upgraded from amx gold back to plat I missed the plat like the clear credit Uber Eats and the companion card option but only to cheap plastic card - I missed the coupon book - any value in product changing from a grandfathered freedom limited to a csr?
Whenever people defend the Amex Platinum, I think of that The Office episode where they're trying to win that coupon book because its "Worth $15000!" 😂
The fact Amex Priority Pass doesn't get you into PP restaurants is a massive miss.
Edit: 2 days later and now Chase PP doesn't give restaurants either 😭
I have both and will probably be downgrading the CSR to the CSP as I can't figure out how to utilize it. This is because of my other cards which are the Chase United club card and chase freedom flex. While I like to use the CSR for the Hyatt, there can be better deals out there on Hotwire or even good airbnb options
Thanks for the informative video. I tried to apply for the Amex Plat card (Schwab) but gave up when notified that I would not be eligible for the SUB. I think it's because I had the DL Skymiles Amex Gold card previously (canceled in June 2023). Is that right? How long is the waiting period before I am eligible for the SUB for a new Amex Plat card?
🥤 I travel to Mexico often and most places don’t take Amex (I have the gold one) and I have to take out money in cash! Do you recommend Chase given it’s a Visa card?!
Since I used to happily pay the $95 for the CSP, I add that cost to the amount of value I get back from the CSR. So my CSR gets me $395 in upfront value because I was going to pay that $95 anyway to have access to Chase UR for travel. Makes it easier to justify that annual fee or authorized user fee. I make up the rest of it with my Priority Pass eating credits.
Also Delta Skye lounges are unlimited on Platinum if you spend 75,000 dollars within the year and it will be good for the following year. So you can get more than 10.
🥤 I’m considering the Amex plat because I like travel and lounge access. And I think I can easily use some of the the credits to cover the yearly fee. However, I’m hearing the $695 fee is due for an increase in 2025. If this is the case would they include more perks? And I’m thinking of waiting for a better incentive than than 80,000 points currently offered. What’s your thoughts Sebby?
Yea the restaurant drop for chase is an interesting choice. Wonder if they will drop anything else to save on costs.
I do both. The Chase trifecta is my main earning workhorse, and the Plat is there because my credits more than offset the annual fee for me. I don't really spend on it unless there's a good card offer or I'm buying airline tickets.
how would these compare to the venture x??? Good video btw!
Venture X is the best, especially with Reserve recently cutting priority pass restaurant access. I also noticed capital 1 expanding their lounge network, they are sponsoring a plaza premium lounge in DCA. The benefits for Capital 1 are so easy to use also it's crazy how good the value is for what you get. I got the venture x recently, used the $300 travel credit and saved $100 from auto price drop protection for the flight and $48 on a $400 hotel booking using the 24h price match, and the call for that took 7 minutes!
🥤 I am team chase sapphire reserve I live in Boston and they have a sapphire lounge here.
Interesting question about the AMEX platinum. They don’t have a centurion lounge in Boston 😞
It seems like a lot of work to maximize all of the credits.
Thank you Sebby! ❤️
Regarding Delta Sky Club access -- I keep reading that the one visit = 24-hour period is effective starting Feb 1, 2025. Can anyone confirm whether it is the case now? @AskSebby did it work on your Paris trip?
Restaurants access with CSR will be gone also
🥤I am a fan of both. Platinum Business and CSR have been staples of my wallet for years. I use the CSR for my Priority pass. Thanks for the head-to-head.
Nice!
You mean to tell me everyone has access to the Chase lounges regardless if they’re CC holders or not? Im moving to Vegas and am looking to get a travel card. Was considering Delta Reserve but there’s no hub in Vegas so am considering another.
Any real life experience with using trip cancellation/interruption perks with either of these cards?
🥤Hey Sebby, can you still get multiple SUBs across AMEX platinum variants? I had the vanilla platinum for several years and recently cancelled it in favor of the Venture X + Ritz. However I am a Schwab customer and one day may benefit from the annual fee discount. I read recently you can only get the SUB for one platinum variant for life, but I don’t see anything definitive
🥤thank for this! Going to stay with AMEX another year.
Just get BOTH. Ballers
Does it make sense to hold both cards?
🥤I'll probably wind up getting both. But if i could only choose one then it would have to be the CFR for 3 reasons
1. Higher acceptance
2. Primary CDW is so clutch!
3. Can be a great daily driver due to better multipliers
Sabby I remember you said your family is from HK , do you think you can make video and card from hk or comparing with us cards ,
Moving to HK soon
Have both.
CSR, FU, and southwest priority.
Is it me or is the card match tool have no link?
🥤I’m on team Amex now. I had the CSR but canceled it in 2020. I should be eligible now but the 150k points was alluring. I’m buying a new home so going to need to furnish it. My question is… should I get the gold now too? The bonus I qualified for before applying for the plat was 90k but after getting my plat, I am only eligible for the 60k bonus. I’m going to spend money on the home regardless. Curious if I should just bite the bullet and get the gold.
Chase just canceled pp restaurants on the csr and the ritz carlton card
🥤 I’m not a circus animal and I don’t like AMEX for making their members jump thru hoops to get promised value.
Good. Less of you, better for Amex customers
Agreed. Who wants to set up calendar reminders just to use their credits?
@@LK_EBMthe wasted hours of my life trying to find something "cheap enough" on saks to use the credits
@@ElonOwnsU I never met a credit card fanboi till just now 😂🤡
@@newagain9964300 annual travel credit that can be used for ANY forms of travel no questions asked. Effective fee for CSR is same as Amex gold
If they get a lounge at EWR I’d be so hyped
How Amex is better than chase in flight?
⛵️ Amex platinum is my primary for travel and priority pass and current favorite lounge is FLL
Sebby, I watched a video of yours from 5 years ago where you showed how superior the Sapphire was to the Platinum for airline travel protections. Have things changed here a lot or did I mishear you in this video?
It’s been 5 years 🙄
Just got Plat (150k) + gold again (they followed up with 90k offer even though I had it before and canceled in 2021). CSP on the chase side.
🥤Definitely team chase and the Sapphire Reserve has been good to me. Very simple to make easy domestic flight trips compared to Amex.
I have the CSR and really did not see the true value until this past Christmas flying home my flight got delayed due to weather overnight. I had over 125000 points racked up and logged into the chase portal through my phone reserved a room at a Hyatt paid with points and it took me like 10 mins. It made a bad situation so much easier to deal with.
Now that is a good way to deal with being stranded. Nothing as frustrating as standing in line at the counter waiting and HOPING they have a hotel voucher, transport and meal vouchers. I was in line and the hotel rooms were out and I had to sleep in the airport
Overnight stay due to delay qualifies you for CSR's trip insurance: reimburses you up to $500 for meals, lodging, toiletries, medication. Get those dollars and points back :)
Amex Member Ship Reward Points take FOREVER to show up on your account. It's annoying and I'm considering cancelling because of it.
🥤I have the CSR, feeling like it should have more everyday reward and loyalty bonuses, groceries and gas bonuses should be included for the price, but all rounder a good card
Haven't heard about the Chase lounge at EWR. Is that confirmed?
Centurion lounge at EWR not chase
for AMEX corporate card holders you get $150 reimbursed on Platinum ($100 on Gold) - you’ll have to call/chat to enroll.
that being said, would the Platinum be a “no brainer” choice if you can get it at the same price point as the CSR?
Domestically, Priority Pass sucks. It’s much better internationally. However most of the domestic airports I go through have a Centurion Lounge so I’m good wherever I go.
I have both, but since moving to work outside of the USA very few places accept Amex. CSR visa is my go-to by necessity.
what country?
🥤 I have the Venture X i was torn between the X or the Plat. I decided on the X. Next card will be reserved.
Feel like CSR is stuck somewhere between the Plat, which is the true best lounge access card plus hotel status, and the Venture X which is a better casual traveler card plus has 2x catch all.
Agree. Hopefully we see some more benefits added later this year by one of the cards.
Chase has announced they are dropping the restaurant credit
🥤Got the CSR a few weeks ago since I travel a good bit for work and already have the Chase Trifecta. I care a lot about the points earning potential of the cards, so the lack of 1. the ability to get a platinum and THEN a gold wit both SUBs and 2. the effective annual fee of the Chase set up vs the Amex set up really swayed me towards Chase. I would certainly like to see the CSR either earn a little better, say 3.5 or 4x on dinning, and/or have hotel status in line with the Platinum though.
One thought: Your calculator seems to only compare card to card, which is the easy solution. I would be very interested in a calculator that takes into account other cards in a series. For example, I spend $3500 a year at restaurants, but that 3x is the same back either on the CSR, or on my CFF, so I would be interested in understanding the costs of the setups and then swappings cards between them!
🥤 I’m team Amex currently with my SO, but plan to join Chase so we get best of both worlds, is it really insane to get both top tier cards? Since there are times when hotels do not take Amex cards.
Also I realize I’ll be getting all the top AF cards if I pick up Chase Sapphire Reserve. (I have Amex Plat, Amex Hilton Aspire, Amex Bonvoy Brilliant currently)
Makes sense if you get get positive ROI from having all of them. You'll have to run the numbers.
Amex no longer offers lounge Access to Delta Sky Club unless you’re flying Main cabin or above. Aka no economy tickets.
I chose chase long ago and makes sense for me as i am military and they waive the fee. Would you be opposed to owning both if they are free?🥤🥤🥤
If they’re free I’d go for it, they can complement each other pretty good
Capital one venture x!
So with the Amex card is it still split up monthly? For example with the gold card the dining credit is only $10/month, not the full $120 at once.
Yeah $15 monthly and an extra $20 on December
@@CharlieO77 yea so not really worth it in my opinion if I can’t get the full amount in one shot 😅
🥤Amex Platinum has more hoops to jump through, but I feel the upside is a lot greater than the Chase Sapphire Reserve. You have to be a big spender to make the CSR work well. The Amex platinum can work for almost anyone who is willing to put in the work, even if you're not a huge spender
Chase is Cutting Priority Pass Restaurant Access on Sapphire Reserve
I’d rather they cut Vs. increase the AF
CSR/Ritz users in shambles now with PPR will be gone soon. Will get the Plat whenever I’m out of PUJ.
🥤
1. Amex, but I have a CSP
2. Partners
3. Pick up Delta for Chase.
Team Chase because you can cash out points at 1cpp and Amex is anti churn
Just because you have primary CDW doesn't mean you're insurer will not find out about it, eventually, as they do pull reports.
You have my attention
👀
CSP for the value
I have had the CSR for 4 years now and have never paid the AU fee.
Well why would you if you don’t have an AU?
@@juliomartinez9641 Obviously, I do.
How?
@@ConorBradshawVideo no idea. Maybe the waved it because I got it during Covid and never reinstated it is my guess.
Waiting on a fence for the next CSP good welcome bonus. Player 2 for 195$ it's a nonsense, if will be reduced - maybe I'll change my mind.🥤
Sebby, please remind me if grandfathered Sapphire prevents you from getting modern Sapphire.
🥤 Sebby- I love those OliPops (especially when they are on sale). I love this video because I have both cards right now. I don't do much traveling, so I plan to just keep my AMEX. The return protection is my favorite feature on AMEX to be honest. I do use enough of the other perks too to make the card pay for itself. I've been watching your videos for nearly a year- thank you.
🥤
Platinum
Sky Clubs
I would get both not switch if I saw the value from a new credit
Why I feel I want to get the sapphire as well 🤔🤔🤔 🥤
I'm team Amex because I personally don't like anything Chase. I primarily use my platinum card for Lounge Access and Rental Cars (don't have a vehicle) and just pay for liability. I do take advantage of the annual Hotel offer and Airline Offer. That's about it. Thanks for your videos.👍
🥤I got both. with the credits I'm able to be at net zero or even positive benefit.