Vol. I · Issue 01 · The Quarterly of Plastic

Advertiser Disclosure →

SIDE A

A

Chase · Visa

Chase Sapphire Preferred Card

VS.

×

SIDE B

B

American Express · American Express

American Express Gold Card


FILING

Head-to-Head · Plastic Quarterly

The Chase Sapphire Preferred and American Express Gold are the two premium travel cards competing for high-spend consumers. Both offer 60,000-point signup bonuses, no foreign transaction fees, and transfer partners, but they target different spending patterns. The key difference is structural: Sapphire charges $95 annually with broader bonus categories and 25% point multipliers on travel redemptions, while Gold charges $250 but offers $240 in annual credits plus concentrated rewards on dining and supermarkets. Your choice depends entirely on whether you value flexibility and travel focus (Sapphire) or maximized dining rewards with built-in credits that reduce net cost (Gold).

THE VERDICT

Our ruling.

Choose Sapphire Preferred if you travel frequently and want a lower annual fee with broader rewards categories. Choose Gold if you spend $3,000+ annually on dining and supermarkets and can fully utilize the $240 annual credits, making the $250 fee worthwhile.

CHOOSE A

Side A is for you if

  • 01You prioritize travel rewards and want 5x points on Chase Travel bookings plus 25% point value boosts when redeeming through their portal
  • 02You spend across diverse categories (dining, streaming, online groceries) rather than concentrating on one or two spending areas
  • 03You want a lower annual fee ($95 vs $250) and aren't a heavy restaurant diner who can offset Gold's cost
  • 04You prefer simplicity—Gold's credits require active management ($10 monthly Uber Cash, $10 monthly dining credit) while Sapphire's $50 hotel credit is one-time

CHOOSE B

Side B is for you if

  • 01You eat at restaurants frequently enough to hit 4x points on $3,000+ annual dining spend, easily justifying the higher annual fee
  • 02You value the $240 guaranteed annual credits (Uber Cash plus dining credit) that effectively reduce your net cost to just $10
  • 03You shop at US supermarkets regularly—the 4x points on up to $25,000 annually is unmatched, and most premium cards cap this benefit
  • 04You want flexibility with 20+ transfer partners and don't care about Sapphire's point multiplier advantage since both offer strong redemption options

THE LEDGER

Side by side.

ISSUER
Chase
American Express
NETWORK
Visa
American Express
ANNUAL FEE
$95
$250
APR RANGE
21.49% – 28.49%
0% – 0%
INTRO APR (PURCHASES)
None
None
INTRO APR (BALANCE TRANSFERS)
None
None
REWARDS TYPE
points
points
REWARDS RATE
1x points on all purchases
1x points on all purchases
SIGN-UP BONUS
60,000 points
60,000 points
BONUS VALUE
$750
$1,200
MIN. CREDIT SCORE
700+
700+
FOREIGN TRANSACTION FEE
None
None

A HIGHLIGHTS

Chase Sapphire Preferred Card

  • Points worth 25% more when redeemed through Chase Travel
  • Transfer points to 14+ airline and hotel partners
  • $50 annual Chase Travel hotel credit
  • No foreign transaction fees
  • Trip cancellation and interruption insurance

B HIGHLIGHTS

American Express Gold Card

  • $120 dining credit ($10/month at select restaurants)
  • $120 Uber Cash ($10/month plus $20 in December)
  • 4x at restaurants worldwide with no cap
  • Transfer to 20+ airline and hotel partners
  • No foreign transaction fees

QUESTIONS · ANSWERS

Frequently filed.

Gold edges ahead if you maximize its categories—4x dining with no cap and 4x supermarkets to $25K annually can generate substantially more value than Sapphire's broader but lower multipliers. However, Sapphire's 25% point boost on travel redemptions effectively makes its points worth more. The answer depends on your spending mix.