HomeFinanceComparison
Head-to-Head

Chase Sapphire Preferred vs American Express Platinum: Which Is Better?

A detailed comparison to help you choose the right option for your financial goals.

Editor's Choice

Chase Sapphire Preferred

4.7/5
60,000 point bonus
2X on travel & dining
$95 annual fee

Pros

  • Excellent bonus
  • Flexible points
  • Travel protections

Cons

  • Annual fee
  • Needs good credit
  • Not best for cashback

Best For

Travel EnthusiastsHigh Earners
Get Chase Sapphire Preferred

American Express Platinum

4.5/5
$200 hotel credit
Centurion lounges
$695 annual fee

Pros

  • Best travel perks
  • Multiple lounge access
  • Premium status

Cons

  • Very high fee
  • Complex credits
  • Low earning on most purchases

Best For

Travel EnthusiastsHigh Earners
Get American Express Platinum

Our Verdict

Chase Sapphire Preferred gets our recommendation with a 4.7/5 rating. It's especially strong for those who want 60,000 point bonus. That said, American Express Platinum is still excellent if best travel perks is your top priority.