Money Analysed

Amex Green vs Chase Sapphire: Which Travel Credit Card Wins?

Credit cards are an essential tool for travelers, with many benefits such as increased rewards, flexible rewards programs, purchase protection, extended warranty, and entertainment perks. This article will compare two popular credit cards, the American Express Green Card and Chase Sapphire Preferred.

We will discuss the differences in annual fees, welcome bonuses, earning rates, redemption methods, and other benefits. By the end of this article, you will be able to determine which card is the best for your needs.

Annual Fees

The annual fees of credit cards can vary significantly, and they are an important consideration when deciding what card to choose. The American Express Green Card has an annual fee of $150, while the Chase Sapphire Preferred has an annual fee of $95.

While the Amex Green Card has a higher annual fee, it offers more benefits and rewards than the Chase Sapphire Preferred, which might make it a more viable option for frequent travelers.

Welcome Bonuses

When you sign up for a new credit card, you should always look for the welcome bonuses. The Amex Green Card offers 30,000 Membership Rewards points after spending $2,000 in the first three months, while the Chase Sapphire Preferred offers 60,000 points after spending $4,000 in the first three months.

The Chase Sapphire Preferred’s bonus is more attractive, but the Amex Green Card has a lower spending requirement, making it easier to obtain the bonus.

Earning Rates

The earning rates of credit cards are essential, as they determine the amount of rewards you can get with each purchase. The Amex Green Card offers 3x points on travel and dining purchases, 1x point on all other purchases.

The Chase Sapphire Preferred offers 2x points on travel and dining purchases, 1x point on all other purchases. The Amex Green Card offers higher rewards for travel and dining purchases, making it a better choice for those who frequently travel or dine out.

Redemption Methods

The redemption methods of credit cards are essential because they determine how you can use your rewards. With the Amex Green Card, you can redeem your points for travel, merchandise, gift cards, or statement credits.

With the Chase Sapphire Preferred, you can redeem your points for travel, cashback, or transfer to participating airline and hotel partners. The Chase Sapphire Preferred’s ability to transfer rewards to airline and hotel partners at a 1:1 ratio is more attractive to frequent travelers than the Amex Green Card.

Intro APR

If you carry a balance on your credit card, you should look for a card with a low introductory APR. The Amex Green Card does not offer an introductory APR, while the Chase Sapphire Preferred offers 0% APR for the first 12 months.

If you plan to make a large purchase or transfer a balance, the Chase Sapphire Preferred is the better choice. Annual Credits/Bonuses

Credit cards offer different annual credits and bonuses, which can help to offset the annual fee.

The Amex Green Card offers up to $100 in CLEAR credits and up to $100 in LoungeBuddy credits per calendar year. The Chase Sapphire Preferred offers up to $60 in DoorDash credits and up to $50 towards an annual hotel stay booked through Chase Ultimate Rewards.

The annual credits and bonuses of each card can help offset the annual fee, making them more worthwhile to own.

Travel Perks and Insurance

When traveling, credit card benefits such as travel insurance, roadside assistance, and baggage protection are essential. The Amex Green Card offers travel accident insurance, baggage insurance, and roadside assistance.

The Chase Sapphire Preferred offers travel accident insurance, trip cancellation/interruption insurance, baggage delay insurance, lost luggage reimbursement, travel and emergency assistance, and auto rental collision damage waiver. The Chase Sapphire Preferred offers more extensive travel insurance coverage than the Amex Green Card, making it a better choice for travelers.

Other Benefits

Credit cards offer various other benefits such as concierge services, no foreign transaction fees, and extended warranty protection. The Amex Green Card offers concierge services, no foreign transaction fees, and extended warranty protection.

The Chase Sapphire Preferred offers concierge services, no foreign transaction fees, and purchase protection. While these benefits might seem insignificant, they can add significant value to your cardholder experience.

Conclusion

In conclusion, choosing the right credit card for your needs can be daunting. The American Express Green Card and Chase Sapphire Preferred are two of the best travel credit cards in the market.

Each card has its pros and cons, and it depends on your travel and spending habits, which card is right for you. We hope that this article has provided you with enough information to make a well-informed decision.Selecting the right credit card can significantly affect your spending habits, rewards, and lifestyle.

Annual fees and statement credits are significant considerations when choosing a credit card. The Amex Green Card and Chase Sapphire Preferred offer unique statement credit benefits to their cardholders, including CLEAR Plus Credit, DoorDash Benefits, and LoungeBuddy Credit.

Additionally, they have different 1:1 transfer partners, which can influence their rewards and overall benefits. In this article, we will compare these features of the Amex Green Card and Chase Sapphire Preferred in detail, helping you make an informed decision.

Annual Fees and Statement Credits

Annual fees are a crucial factor when choosing a credit card. The Amex Green Card has an annual fee of $150, while the Chase Sapphire Preferred has an annual fee of $95.

In addition to the annual fee, both cards offer statement credits, which can offset their annual fee. The Amex Green Card offers two annual statement credits: $100 in CLEAR Plus Credit and $100 in LoungeBuddy Credit.

CLEAR Plus Credit gives you access to expedited security lines at participating airports, making your travel experience smoother and more enjoyable.

LoungeBuddy Credit gives you access to over 1,200 airport lounges worldwide.

The Chase Sapphire Preferred offers up to $60 in DoorDash Credits, which you can use on eligible food purchases made through DoorDash. The statement credits on the Amex Green Card and Chase Sapphire Preferred offset their annual fees, making them more attractive and worthwhile to own.

Amex Green Card’s CLEAR Plus Credit

The CLEAR Plus Credit on the Amex Green Card offers $100 in statement credits per calendar year, enabling you to access over 70 airports and arenas across the United States. The benefit is excellent for frequent travelers frustrated with long security lines.

Simply enroll in CLEAR and verify your identity. You can use biometric authentication to breeze through the airport checkpoints quickly.

Not all airports have CLEAR, so check their list of participating locations beforehand. This statement credit makes the Amex Green Card ideal for frequent flyers looking to simplify their travel experience.

Chase Sapphire Preferred’s DoorDash Benefits

The Chase Sapphire Preferred offers up to $60 in DoorDash Credits to its cardholders. These credits are available annually and apply towards your eligible food purchases through DoorDash.

DoorDash is a food-delivery platform that partners with various restaurants, ensuring you a range of dining options whenever you use your credits. To activate the benefit, add your Chase Sapphire Preferred as your default payment method on DoorDash and order up to $60 worth of eligible food.

The DoorDash statement credit on the Chase Sapphire Preferred makes it suitable for cardholders who love to dine out, reducing their food expenses.

LoungeBuddy Credit

The

LoungeBuddy Credit on the Amex Green Card provides $100 statement credit per calendar year.

LoungeBuddy Credit provides cardholders with access to over 1,200 airport lounges worldwide.

Airport lounges offer comfortable seating, high-speed Wi-Fi, complimentary food and drinks, restrooms, showers, and much more, making your travel experience more relaxing and productive. The

LoungeBuddy Credit statement credit on the Amex Green Card makes it ideal for travelers who prefer comfort and relaxation.

Transfer Partners

One of the essential aspects of a credit card is the transfer partners. Both the Amex Green Card and Chase Sapphire Preferred offer attractive transfer partners, which can influence your decision when choosing the right card.

Differences in

Transfer Partners

The Amex Green Card and Chase Sapphire Preferred offer different transfer partners. The Amex Green Card transfer partners include Aer Lingus, Air Canada, Air France/KLM, Alitalia, ANA, Avianca, British Airways, Cathay Pacific, Delta, Emirates, Etihad Airways, Hawaiian Airlines, Iberia, JetBlue, Qantas, Singapore Airlines, and Virgin Atlantic.

Meanwhile, the Chase Sapphire Preferred transfer partners are Aer Lingus, Air France/KLM Flying Blue, British Airways, Emirates, Iberia, JetBlue, Singapore Airlines, Southwest Airlines, United Airlines, and Virgin Atlantic. The transfer partners of each card offer travelers unlimited options for points and miles redemption, and you can easily convert and transfer points to any of the participating airline loyalty programs to maximize your rewards.

1:1 Transfer Partner Comparison

The Amex Green Card and Chase Sapphire Preferred both offer 1:$1 transfer rates, meaning that for every Amex Membership Rewards point or Chase Ultimate Rewards point redeemed, you receive one airline mile or hotel point in your desired program. This benefit helps to maximize your rewards and unlocks an extensive range of travel opportunities worldwide, including flight and hotel upgrades, free nights, and more.

The transfer partners of each card provide cardholders with attractive options for point redemption, making them suitable for anyone that loves to travel. Comparison of Airline

Transfer Partners

The Amex Green Card offers more airline transfer partners than the Chase Sapphire Preferred.

An important transfer partner for frequent flyers is Delta, which is exclusively available to the Amex Green Cardholders. You will be able to transfer your points to Delta SkyMiles.

So if you fly with Delta regularly, the Amex Green Card can be the perfect choice for your needs.

Delta Transfer Comparison

For airlines not exclusive to Amex Green Cardholders, the two cards offer different rates for Delta miles. With the Amex Green Card, you can transfer your points to Delta at a 1:1 ratio.

The Chase Sapphire Preferred offers a slightly less attractive redemption rate of 1.25:1, meaning that you will have to transfer more points to get the same number of Delta SkyMiles. Exclusive partners like Delta allow cardholders to maximize rewards and achieve their intended travel goals easily.

Conclusion

Selecting the right credit card can significantly impact your spending habits and rewards. The Amex Green Card and Chase Sapphire Preferred are well-regarded credit cards that offer unique benefits and statement credits.

These cards also provide different transfer partners, which can unlock an array of travel opportunities. The annual fees and statement credits, along with the other benefits that each card offers, are compelling reasons to use these cards.

Ultimately, your choice between the Amex Green Card and Chase Sapphire Preferred will depend on your travel needs and preferences.Credit cards offer various rewards and welcome bonuses to attract new cardholders. When choosing a credit card, it is crucial to evaluate the earning potential and the redemption value of rewards points.

The Amex Green Card and Chase Sapphire Preferred offer a range of rewards and welcome bonuses, including Lyft partnership, valuable redemption for travel, and Chase Ultimate Rewards. This article will compare these features of the Amex Green Card and Chase Sapphire Preferred, helping you determine the best card for you.

Value of Rewards Points

The value of rewards points can influence the choice of a credit card. Both the Amex Green Card and Chase Sapphire Preferred offer great rewards, with the Amex Green Card offering 3x points on travel and dining while offering 1x on all other purchases.

The Chase Sapphire Preferred offers 2x points on travel and dining and 1x on all other purchases. The earning potential of each card depends on your spending habits, and the rewards points can be redeemed for various items, including travel, gift cards, and merchandise, among others.

Therefore, selecting a credit card with a high rewards earning potential is essential.

More Valuable Redemption for Travel

Redemption value is as important as earning potential. Both the Amex Green Card and Chase Sapphire Preferred offer valuable redemption options.

For instance, the Amex Green Card points can be transferred at a 1:1 ratio to various airline partners, including Delta, Hawaiian Airlines, and British Airways or even transferred to rewards hotel programs. On the other hand, Chase Sapphire Preferreds points can be transferred to programs such as Marriott, Southwest Airlines, and Hyatt.

By converting to these programs, you may get more than 1.25 cents per point in redemption value when booking travel. Both cards make travel more accessible and enjoyable, allowing you to maximize your point redemption and rewards.

Lyft Partnership

Both cards have a partnership with ride-hailing services, with the Amex Green Card offering $10 in monthly statement credits for eligible Uber rides. The credit cannot be rolled over to the next month, so ensure that you make the most of it.

The Lyft partnership with the Chase Sapphire Preferred includes a 10x point bonus when you use your card to book Lyft rides. Additionally, the Chase Sapphire Preferred offers a one-year Lyft Pink membership when you activate and enroll by March 31, 2022.

The program provides a 15% discount on all rides, priority airport pickups, complimentary bike and scooter rentals, and other perks. The Lyft partnership on both cards is suitable for those who frequently use ride-hailing services, providing additional value and more enjoyable travel.

More Valuable Chase Ultimate Reward Redemption

Chase Ultimate Reward Redemption is one of the most significant perks of the Chase Sapphire Preferred card. This benefit helps cardholders redeem their points for travel more efficiently, leading to a higher redemption value.

When redeemed through Chases portal for travel purposes, Sapphire Preferred points have a value of 1.25 cents per point, while the Amex Green Card points are valued at 1 cent per point. Redeeming points from the Chase Sapphire Preferred for travel offers a greater value than from the Amex Green Card, making the Sapphire Preferred more suitable for cardholders that travel frequently.

Differences in Welcome Bonus

Welcome bonuses are essential for new credit cardholders, and both the Amex Green Card and Chase Sapphire Preferred offer attractive benefits. The Amex Green Card offers a welcome bonus of 30,000 Membership Rewards points after $2,000 spent on purchases within the first three months.

The Chase Sapphire Preferred offers a welcome bonus of 60,000 points after $4,000 spent on purchases within the first three months.

Chase Sapphire Preferreds Bigger Welcome Bonus

The Chase Sapphire Preferred’s welcome bonus is higher than the Amex Green Cards. The bonus is worth $750 in travel when redeemed through Chase Ultimate Rewards program, while the Amex Green Card’s bonus is worth $300-$400, depending on how you use the points.

Cardholders can use the points earned in the welcome bonus to subsidize their travels or other expenses. The higher-value welcome bonus on the Chase Sapphire Preferred makes it suitable for those looking to earn more rewards earlier, perhaps for an upcoming trip.

Value of Welcome Bonus

The value of a welcome bonus depends on your spending habits and preferences. While a larger bonus is attractive, it is essential to evaluate how much the bonus is worth when redeeming it.

For example, the Chase Sapphire Preferred’s bonus is more valuable when you redeem it through the Chase Ultimate Rewards portal. However, the Amex Green Card’s bonus can still be valuable when used for travel or by transferring the points to rewards hotel programs.

In essence, you should pick a card with a welcome bonus aligned with your goals and needs.

Conclusion

Selecting the right credit card involves considering several factors

Popular Posts