(Some of the offers/products mentioned below are no longer available.)
Last year, Chase released the Chase Sapphire Reserve card. It came with a huge 100,000 sign up bonus and offers 3x points on travel and restaurant purchases.
Ever since that release, American Express has been in catch-up mode.
They’ve revamped their Amex Platinum Card (Personal and Business), with the goal of being able to compete with the Chase Sapphire Reserve.
So how do the benefits stack up? Is it worth it to get the Amex Platinum?
$200 Airline Fee Credit
Qualifying Airlines for $200 Airline Fee Credit:
This benefit is similar to the Chase Sapphire Reserve, but the Reserve offers $300 in travel credit annually.
Winner: Chase Sapphire Reserve
You will get one point for each dollar charged for an eligible purchase on your Platinum Card from American Express.
How To Get 5X Points:
Chase Sapphire Reserve shocked the world when they released the card with 3X on flights. This is Amex’s counter-punch. 5x on flights is HUGE. I book all my flights with my Amex Platinum now.
Winner: Amex Platinum
This was one of the best new features that American Express rolled out to compete with the Chase Sapphire Reserve.
Unfortunately it looks like it’s ending way too soon!
Basically you would get 50% of your points back if you book a business or first class flight when redeeming on Amextravel.com. You also get 50% of your points back with your preferred airline (the one that receives the $200 bonus).
I’ve used this already 3 times and love it. It’s allowed me to accumulate status much faster, because the purchases count as cash, allowing you to earn miles on purchases instead of just redeeming points.
This feature is now to be phased out according to this schedule:
Chase Sapphire Reserve offers just 1 point per mile, which is useless and you should never use your points this way. If you do want to use your points this way, let me know and I’ll buy them for cash at $.012 per point.
Winner: Amex Platinum
If you have access to Centurion Lounge, you have access to the following:
The Centurion Lounge can be found here:
Chase doesn’t even come close in this department. I’ve been to the Centurion lounge at LGA and it’s awesome. They had a surprise wine and cheese tasting (which compelled me to buy 4 bottles of wine it was so good).
Winner: Amex Platinum
The Platinum Card has offered complimentary Starwood Preferred Guest Gold status for quite a while, however more as of late it included programmed Hilton H-Honors Gold status as an advantage.
Benefits of having an Elite Status:
Chase doesn’t offer a similar benefit, but personally I have never benefited from these status all that much. Plus I have the SPG card, which gives me SPG status.
Winner: Amex Platinum
Programs offered by the TSA:
Also, see our review of TSA on this link.
Chase Sapphire Reserve offers the same benefit.
Winner: It’s a tie!
Cardholders get complimentary enlistment in the BOINGO Preferred Plan, which incorporates boundless access to Wi-Fi hotspots at air terminals over the world.
Sapphire Reserve does not offer this benefit, which I have actually never used.
Winner: Amex Platinum
With the Platinum Card, Business Platinum Card and Centurion (Black Card), you access this uncommon telephone benefit, which can help you in booking sought after eateries and occasions and in addition in finding an immaculate supper spot or notwithstanding conveying things on request.
I’ve never used the concierge. I mean who would? Just use OpenTable or Yelp.
Winner: It’s a tie!
Amex FHR is basically a travel entryway that gives you a chance to book remains a choice of top worldwide lodgings, and taking part properties offer an assortment of advantages, including complimentary room redesigns when accessible; twelve registration; 4pm checkout; on location nourishment and refreshment credits and the sky is the limit from there.
This feature is overrated, I normally book on Hotels.com so I can accrue a free night (and essentially get 10% off every booking).
Winner: Amex Platinum
Weighing out all of the benefits, for the average non-traveler, I would go with the Chase Sapphire Reserve.
If you travel more than 10 times per year, then the Amex Platinum is definitely your go-to. The 5x points on flights plus access to Centurion lounges is worth it, if you live in a city where there is a lounge.
Ever dreamed of zigzagging through Europe’s cobbled streets and vast landscapes? Well, dreaming is easy,…
Seeing the largest casino on the planet is frequently a dream come true for both…
Discovering new casinos throughout the world is a never-ending journey for tourists who have a…
Iceland is a land of mesmerizing landscapes and breathtaking natural wonders. From cascading waterfalls to…
In a world where pixels and polygons are as much a part of our lives…
England is widely known for its cosmopolitan capital, London, and the tranquil countryside in its southern…