American Express® Gold Card
vs. Chase Sapphire Preferred Card

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ByDoug Milnes, CFA
Reviewed byBrett Holzhauer, CPFC
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ByDoug Milnes, CFA
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Reviewed byBrett Holzhauer, CPFC
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Updated: June 13, 2024

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The Chase Sapphire Preferred Card and the American Express® Gold Card are two popular travel reward credit cards with similar benefits. Both of these cards offer generous sign-up bonuses, with each card providing 60,000 bonus points after you spend $4,000 on purchases in your first three months respectively from account opening. In addition, they both have no foreign transaction fee and you earn points redeemable for airline tickets and hotel stays. But there are important differences to consider before picking one over another.

Comparison Overview: American Express® Gold Card vs. Chase Sapphire Preferred Card

  • American Express® Gold Card
    Chase Sapphire Preferred Card
  • Has Annual Fee
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  • Has Balance Transfer Offer
  • Has APR Offer
  • Cash Back Rewards
  • Travel Rewards
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American Express® Gold Card At a Glance

The American Express® Gold Card has a $250 annual fee and requires good to excellent credit score to be approved. It comes with a variety of perks, including $10 in Uber Cash and dining credit respectively each month, for a total of up to $240 in credits per year.


  • American Express® Gold Card

    Best rewards card for frequent fliers and diners


    • 1–4 Points per $1Rewards Rate
    • See Pay Over Time APR*APR
    • $250Annual Fee
    • Good–ExcellentRecommended Credit

    Pros

    • Top-tier rewards on dining and groceries
    • Great annual bonus credits
    • Transfer points to multiple airline partners
    • No foreign transaction fees

    Cons

    • High annual fee
    • Limited premium travel perks
    • No rewards on hotel stays or car rentals
    • Earn 60,000 Membership Rewards® points after you spend $4,000 on eligible purchases with your new card within the first six months of card Membership.
    • Earn 4X Membership Rewards® Points at restaurants, plus takeout and delivery in the U.S., and earn 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X).
    • Earn 3X Membership Rewards® points on flights booked directly with airlines or on amextravel.com. $120 Uber cash on Gold: Add your Gold Card to your Uber account and each month automatically get $10 in Uber cash for Uber Eats orders or Uber rides in the U.S., totaling up to $120 per year.
    • $120 dining credit: Satisfy your cravings and earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, Milk Bar and select Shake Shack locations. Enrollment required.
    • Get a $100 experience credit with a minimum two-night stay when you book The Hotel Collection through American Express Travel. Experience credit varies by property. Choose the color that suits your style. Gold or Rose Gold.
    • No foreign transaction fees.
    • Annual fee is $250.
    • Terms apply.
    American Express® Gold Card

Chase Sapphire Preferred Card At a Glance

The Chase Sapphire Preferred Card is one of the best rewards credit cards on the market today. With a bonus of 60,000 bonus points (worth over $750 when redeemed through Chase Travel℠), it also earns 3x points per dollar on dining at restaurants, 5x total points on travel purchased through Chase Travel℠, 3x points per dollar on online grocery purchases and streaming services. However, to get approved for the Sapphire Preferred, you’ll need to have excellent credit; otherwise, you may not be approved.


  • Chase Sapphire Preferred Card

    A very good rewards card with no foreign transaction fees and comprehensive travel cover


    • 1–5 Points per $1Rewards Rate
    • 21.49%–28.49% VariableAPR
    • $95Annual Fee
    • 670–850 (Good to Excellent)Recommended Credit

    Pros

    • Generous new cardholder bonus
    • High rewards on travel and dining
    • No foreign transaction fees
    • With travel insurance and benefits
    • Flexible rewards redemption options

    Cons

    • With annual fee applies
    • High credit requirement
    • Rewards program can be complex
    • Potentially high APR
    • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Travel℠.
    • Enjoy benefits such as 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more.
    • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Travel℠. For example, 60,000 points are worth $750 toward travel.
    • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
    • Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024.
    • Member FDIC


    Moneygeek.com credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.

    Chase Sapphire Preferred Card

Comparison Summary

MoneyGeek compares both travel reward credit cards. This comparison highlights how these two travel reward credit cards compare in many categories to help you figure out which card is best for your specific needs.

Card Detail
Comparison Summary

Travel Coverage and Purchase Protection

When you travel more than 100 miles from home, Amex gives 24/7 emergency support and secures every transaction with SafeKey technology, Purchase Protection and Return Protection, and cardholders also get 24/7 fraud monitoring.

Chase provides real-time security monitoring with instant fraud notifications through text, email, or phone. The Chase Sapphire Preferred Card credit card also features chip protection to further secure your identity.

Winner: American Express® Gold Card

Welcome Bonus

The Chase Sapphire Preferred Card offers 60,000 extra points after spending $4,000 in the first three months, while the American Express® Gold Card offers 60,000 bonus points after spending $4,000 in the first six months.

Winner: Tie

Rewards

You earn 5X points on Chase Travel℠ (excluding hotel purchases that qualify for the $50 Anniversary Hotel Credit). 3X points at restaurants, select streaming services and online grocery purchases (excluding Target, Walmart and wholesale clubs). 2X points on all other travel purchases and 1X points on general purchases

The American Express® Gold Card offers 4x Membership Rewards points at restaurants and U.S. supermarkets, 3x points when booking flights directly with the airline or through amextravel.com and 1x points on all other eligible purchases through the American Express Membership Rewards Program.

Winner: American Express® Gold Card

Annual Fee

The annual cost for the Chase Sapphire Preferred Card is $95 per year. The annual fee for the American Express® Gold Card is $250.

Winner: Chase Sapphire Preferred Card

Redemption

There are 13 transfer partners to select from with Chase Travel℠, and American Express Membership Rewards has its own set of valued partners as well. By redeeming points via the Chase Travel℠ travel portal, Chase Sapphire Preferred Cardholders earn a 25% bonus.

Winner: Chase Sapphire Preferred Card

Which Card Should You Get?

Both cards provide value that fulfill the needs of different consumers. Your travel reward credit card should be chosen based on your spending habits and requirements.

Who Should Consider the American Express® Gold Card?

The American Express® Gold Card is ideal for frequent travelers and those who dine out regularly.

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    The Amex Gold Card offers 4X Membership Rewards points at restaurants and U.S. supermarkets on the first $25,000 spent at U.S. supermarkets each year, followed by 1X points afterward.

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    Travelers earn 3X points when booking flights through either amextravel.com or directly with the airline, and 1X points on all other eligible purchases.

Who Should Consider the Chase Sapphire Preferred Card?

The Chase Sapphire Preferred Card is suitable for regular travelers who wish to take advantage of excellent travel benefits and earn rewards that can be transferred to airline and hotel partners.

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    Frequent travelers who want to save money can benefit from the modest $95 annual fee.

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    If you dine out regularly, this card can also be beneficial as it earns 3x points per dollar on dining.

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EXPERT OPINION

The Amex Gold card is a favorite card of mine for dining out. However, the Chase Sapphire Preferred Card delivers much more value for the annual fee you pay. The Amex Gold Card is still a solid option, but some may find it difficult to use the $10 monthly Uber and dining credit. So if you want a card with great benefits for dining and travel with a low annual fee, you can’t go wrong with the Sapphire Preferred.

Other Helpful Decision-Making FAQs

Choosing a travel credit card isn't always a simple decision. MoneyGeek has answered some frequently asked questions about the American Express® Gold Card vs. the Chase Sapphire Preferred Card.

Is the American Express® Gold Card better than the Chase Sapphire Preferred Card?
Can you get the American Express® Gold Card if you have Chase Sapphire Preferred Card?
Can you transfer points from American Express® Gold Card to Chase Sapphire Preferred Card?
Can you switch from the American Express® Gold Card to the Chase Sapphire Preferred Card?
What’s harder to get, the American Express® Gold Card or the Chase Sapphire Preferred Card?
How much do you have to spend for American Express® Gold Card vs Chase Sapphire Preferred Card to get the welcome bonus?

Still Not Sure About These Cards? Consider These Options

Anyone that enjoys traveling and wants to earn rewards should think about getting the American Express® Gold Card or the Chase Sapphire Preferred Card. If a travel card isn’t a great fit, cash-back reward credit cards are a good option if you want to get money back on purchases.

About Doug Milnes, CFA


Doug Milnes, CFA headshot

Doug Milnes is a CFA charter holder with over 10 years of experience in corporate finance and the Head of Credit Cards at MoneyGeek. Formerly, he performed valuations for Duff and Phelps and financial planning and analysis for various companies. His analysis has been cited by U.S. News and World Report, The Hill, the Los Angeles Times, The New York Times and many other outlets.

Milnes holds a master’s degree in data science from Northwestern University. He geeks out on helping people feel on top of their credit card use, from managing debt to optimizing rewards.


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*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
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