AMEX GOLD vs. CHASE SAPPHIRE PREFERRED 2020

Mark Reese // Credit & Finance

Mark Reese // Credit & Finance

January 16th, 2021

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Both the Amex Gold Card and Chase Sapphire Preferred card are among the best credit cards for travel without paying those top-tier annual fees. Discover which one is the best fit for you! Click "Show More" to see Ad Disclosure. Both of these travel credit cards (and metal credit cards by the way) are quite different despite their common ground. This video will be a Chase Sapphire Preferred Review AND an Amex Gold Card Review all in one video, PLUS a full comparison! In the end, it’ll help you decide which credit card is best for you! 💳👉VIEW CREDIT CARD OFFERS! https://markscreditcards.com/offers 🛍 RAKUTEN - Earn Cash Back! http://markscreditcards.com/rakuten ‼️ GET FREE STOCKS FROM WEBULL when you open an account & deposit $100: http://markscreditcards.com/webull CARD 1: AMERICAN EXPRESS GOLD CARD Signup Bonus Earn 60K Membership Rewards points after spending $4K in the first 6 mo. Value = $360 - $1,200 on average Annual Fee = $250 Earn Membership Rewards Points - 4X U.S. Supermarkets: Up to $25K spend / yr. - 4X Restaurants - 3X Flights - 1X Everything Else Redeem Membership Rewards Points - Travel (Amex Transfer Partners): 2.0¢ value (avg.) - Travel (Amex Travel Portal): 0.7¢ value for hotels car rentals, cruises & vacations | 1.0¢ value for flights - Cash Back (via Statement Credit): 0.6¢ value Amex Transfer Partners Aer Lingus Aer Club Aeromexico Air Canada Air France KLM Flying Blue Alitalia Millemiglia ANA Mileage Club Asia Miles Avianca Lifemiles British Airways Exec. Club Delta SkyMiles El Al Israel Airlines Emirates Skywards Etihad Guest Hawaiian Airlines Iberia Plus JetBlue TrueBlue Quantas Frequent Flier Singapore Airlines KrisFlyer Virgin Atlantic Flying Club Choice Privileges Hilton Honors Marriott Bonvoy Amex Gold Card Benefits - Dining Credit ($120/yr.): $10/mo. | Grubhub, Seamless, The Cheesecake Factory, Ruth's Chris Steak House, Boxed, Shake Shack - Airline Fee Credit ($100/yr.): 1 airline | Incidentals| Ending 12/31/2021 - Uber Cash Benefit ($120/yr.): $10/mo. | Starting early 2021 - The Hotel Collection: $100 property credit | Room upgrade | 2+ consecutive nights - No Foreign Transaction Fees CARD 2: CHASE SAPPHIRE PREFERRED Signup Bonus Earn 60K Ultimate Rewards points after spending $4K in 3 mo. Value = $600 - $1,200 on average Annual Fee = $95 - 2X Travel - 2X Dining - 2X Grocery Stores: Up to $1K/mo. | Valid thru 4/30/2021 - 1X Everything Else Redeem Ultimate Rewards Points - Travel (Chase Transfer Partners): 2.0¢ value on average - Travel (Chase Travel Portal): 1.25¢ value - Pay Yourself Back: 1.25¢ value - Cash Back (via Statement Credit or Deposit): 1.0¢ value Chase Transfer Partners Aer Lingus, AerClub Air Canada Aeroplan (coming late 2021) Air France KLM Flying Blue British Airways Executive Club Emirates Skywards Iberia Plus JetBlue TrueBlue Singapore Airlines KrisFlyer Southwest Airlines Rapid Rewards United MileagePlus Virgin Atlantic Flying Club IHG Rewards Club Marriott Bonvoy World of Hyatt Chase Sapphire Preferred Benefits - Points Boost: Worth 25% more toward Travel (portal) + Pay Yourself Back - DashPass: 1 year (enroll by 12/31/2021, unless changed) - Lyft: Earn 5X points thru March 2022 (unless changed) - Peloton: $60 back on Peloton Digital or All-Access Membership, thru 12/31/2021 - Visa Signature Luxury Hotel Collection: Room upgrade, Free WiFi, Free breakfast for 2, $25 Food & Beverage Credit, Late Check-Out - No Foreign Transaction Fees (FTFs) WHICH CREDIT CARD IS BEST? AMEX GOLD CARD is best to… - Earn points on food & flights - Redeem points for international flights using transfer partners GET IT IF YOU… - Spend on Flights + Food - Value travel rewards - Are an international traveler - Use Uber & Grubhub, etc. CHASE SAPPHIRE PREFERRED CARD is best to: - Earn points on ALL travel - Redeem for any type of travel or use the Chase Pay Yourself Back feature GET IT IF YOU… - Spend broadly on Travel - Value travel + cash back rewards - Are a domestic / local international traveler - Use DoorDash + Lyft + Peloton - Fly Southwest + Stay at Hyatt GET BOTH CREDIT CARDS IF YOU… - Spend on travel + food - Redeem for travel - Value common transfer partners Disclosure: This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Mark Reese is not a financial advisor. #creditcards #travelcreditcard #americanexpress
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