Question 1

Which is better, American Express Platinum (Charles Schwab) or Chase Sapphire Reserve?

Accepted Answer

The Chase Sapphire Reserve is better with $2,348 net annual value compared to the American Express Platinum (Charles Schwab) at $2,079. The Chase Sapphire Reserve wins by $268/year.

Question 2

What's the difference between American Express Platinum (Charles Schwab) and Chase Sapphire Reserve?

Accepted Answer

The key differences: American Express Platinum (Charles Schwab) has a $895 annual fee and $3,143 in annual benefits, while Chase Sapphire Reserve has a $795 annual fee and $2,974 in annual benefits. The annual fee difference is $100.

Question 3

Which has a lower annual fee, American Express Platinum (Charles Schwab) or Chase Sapphire Reserve?

Accepted Answer

The Chase Sapphire Reserve has a lower annual fee at $795 compared to the American Express Platinum (Charles Schwab) at $895. However, the American Express Platinum (Charles Schwab) offers $2,974 in total annual benefits.

Question 4

Is the Chase Sapphire Reserve worth it compared to the American Express Platinum (Charles Schwab)?

Accepted Answer

Yes, the Chase Sapphire Reserve offers better value with $2,348 net annual value compared to $2,079 for the American Express Platinum (Charles Schwab). It also has a lower annual fee.

Question 5

Amex vs Chase: which issuer is better?

Accepted Answer

For these specific cards, Chase's Chase Sapphire Reserve offers better value with $2,348 net annual value. Consider which issuer's broader ecosystem (transfer partners, redemption options) fits your needs.

Question 6

Which card is better for lifestyle?

Accepted Answer

The American Express Platinum (Charles Schwab) is better for lifestyle with $955 in annual lifestyle benefits compared to $479 for the Chase Sapphire Reserve.

Question 7

Should I get the Chase Sapphire Reserve?

Accepted Answer

If you're deciding between the American Express Platinum (Charles Schwab) and Chase Sapphire Reserve, the Chase Sapphire Reserve is the better choice with $2,348 net annual value. However, make sure you can use the key benefits to maximize value. Compare the full benefit breakdown to see which fits your spending better.

CATEGORY	PLATINUM (CHARLES SCHWAB)	SAPPHIRE RESERVE
🌎Travel	$1,019	$1,050
✨Lifestyle	$955	$479
🍽️Food & Dining	$580	$840
🎭Entertainment & Media	$300	$624
🚗Transportation	$300	$120
Lounge Access	—	Air Canada Lounge Access Chase Sapphire Lounge Access Priority Pass Select (No Restaurants)
Total credits	$2,974	$3,143
Annual fee	$895	$795
Net value	+$2,079	+$2,348

American Express Platinum (Charles Schwab) or Chase Sapphire Reserve?

Where to use each card

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