Chase Sapphire Preferred vs Chase Sapphire Reserve Calculator

The Chase Sapphire cards are competitive when it comes to earning and redeeming points for travel. Both the Chase Sapphire Preferred and Chase Sapphire Reserve allow cardholders to pool Ultimate Rewards and access the Chase Travel Portal. The main question is, which Chase Sapphire card fits your lifestyle?

Chase Sapphire Preferred® vs Chase Sapphire Reserve® Calculator

Ask Sebby crunches the numbers for you to calculate the Expected Value of the Chase Sapphire cards. For the expected value of points, we derive the approximate dollar value based on the numbers you enter in the calculator. Scroll down to the end of the post to see our methodology.

Welcome Bonus and Eligibility

The Chase Sapphire Preferred has a 60,000 point welcome bonus, and the Chase Sapphire Reserve has a 50,000 point welcome bonus after spending $4,000 on the card within the first 3 months of account opening.

To qualify for the offer, you must not currently hold a Chase Sapphire card AND have not received a Chase Sapphire welcome bonus in the past 48 months (4 years).

The Chase Sapphire cards are affected by the Chase 5/24 rule, so if you have opened 5 or more credit cards from any credit issuer within the past 24 months, you will not qualify for the welcome offer.

Calculation Methodology

The results from the above calculator are based on your ability to reach the minimum spend requirement to earn the welcome bonus, your amount of spend on different categories, how you plan to redeem Chase Ultimate Rewards, and how much relative value you assign for other benefits.

Below is a rundown of some featured benefits of each card. “Learn More” about each card to view pricing and more detailed information.

Benefts Chase Sapphire Preferred Chase Sapphire Reserve
Points Earned on Travel 2X Points 3X Points
2X Points 3X Points
All Other Purchases 1X Points 1X Points
Redemption Value (Travel booked via Chase Travel Portal) 25% more in travel redemption 50% more in travel redemption
Access to Airline and Hotel Transfer Partners
Yes Yes
Annual Travel Credit No $300/card member year
Airport Lounge Access No Yes, with Priority Pass Select
Global Entry/TSA Pre✓® Credit
up to $100 every 4 years
Auto Collision Damage Waiver (CDW) Primary, up to vehicle value. Excludes exotic rentals. Primary, up to $75,000. Includes exotic rentals.
Trip Cancellation/Trip Interruption Insurance up to $10,000 per person/trip, up to $20,000 per occurrence up to $10,000 per person/trip, up to $20,000 per occurrence
Lost Luggage $100/day, 6 hour delay, up to 5 days $100/day, 6 hour delay, up to 5 days
Trip Delay Insurance $500/person for 12+ hour delays $500/person for 6+ hour delays

Terms apply to all of the benefits above. Be sure to check the benefits guide for each card for the most up to date information.

Optimal Strategy

The Chase Trifecta 3-card system is one of the fastest ways to earn more Ultimate Rewards. Pool points earned from other Chase Ultimate Reward points to the Chase Sapphire Preferred or the Chase Sapphire Reserve to get the best travel redemption value via the Chase Travel Portal.

Editorial Note: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airlines or hotel chain, vendors or companies, and have not been reviewed, approved, or otherwise endorsed by any of these entities. 

UGC disclosure: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.”