Evaluating journey protections with the Chase Sapphire Reserve and Amex Platinum
Editor’s word: This can be a recurring put up, repeatedly up to date with new info.
The Chase Sapphire Reserve and The Platinum Card® from American Specific are two of the most well-liked journey rewards playing cards. In spite of everything, each playing cards supply useful transferable rewards, lounge entry and the flexibility to obtain elite-like perks when reserving accommodations by Amex’s Superb Motels & Resorts program and Chase’s Luxurious Lodge & Resort Assortment.
Like most of the high rewards playing cards, the Chase Sapphire Reserve and Amex Platinum Card additionally present journey insurance coverage while you use your card to e-book journey. Particularly, these two premium journey rewards playing cards supply a wonderful mixture of journey insurance coverage and bonus earnings on choose journey purchases. So, on this information, let’s evaluate the journey insurance coverage supplied by these two playing cards.
Overview of the journey insurance coverage supplied by these playing cards
| Chase Sapphire Reserve | Amex Platinum | |
|---|---|---|
| Journey delay insurance coverage | As much as $500 per ticket while you’re delayed by six-plus hours or in a single day. | As much as $500 per coated journey while you’re delayed by six-plus hours, with a most of two claims per eligible card inside a 12-month interval.* |
| Baggage delay insurance coverage | As much as $100 per day for as much as 5 days when your baggage is delayed by six-plus hours. | None. |
| Journey cancellation/interruption insurance coverage | As much as $10,000 per particular person, as much as $20,000 per journey | As much as $10,000 per journey and as much as $20,000 per card per 12-month interval.* |
| Auto rental collision harm waiver | Main insurance coverage as much as $75,000 for theft and collision harm. | Secondary insurance coverage as much as $75,000 for theft, harm, lack of use and different charges.^ |
| Emergency medical and dental profit | As much as $2,500 for emergency medical bills, topic to a $50 deductible.
As much as $75 per day for as much as 5 days for a resort room after a hospital keep. |
None. |
| Emergency evacuation insurance coverage | As much as $100,000 while you pay for at the least a part of your widespread service journey with the cardboard. Evacuation should be preapproved by the profit administrator with a view to be coated. | May be supplied for free of charge to you if coordinated by and accredited by the Premium International Help Hotline.# |
| Misplaced baggage reimbursement | As much as $3,000 per particular person, with a $500 cap on jewellery and watches and a $500 cap on cameras and different digital gear. | As much as $3,000 per particular person (as much as $2,000 for checked baggage) when touring on a typical service, with a $1,000-per-person cap on high-value gadgets. For New York state residents, there’s a most of $2,000 per bag for every particular person with a $10,000 mixture most for all coated baggage and coated individuals on the journey. Your entire fare on your journey (one-way or round-trip) should be paid for together with your eligible card for this profit to take impact.† |
| Roadside help | As much as $50 per service occasion, as much as 4 occasions per 12 months. | None. |
| Journey accident insurance coverage | As much as $1 million lack of life widespread service insurance coverage per particular person.
As much as $100,000 lack of life journey accident insurance coverage per particular person. |
None. |
* Eligibility and profit degree varies by card. Phrases, circumstances and limitations apply. Go to americanexpress.com/benefitsguide for particulars. Insurance policies are underwritten by New Hampshire Insurance coverage Firm, an AIG Firm.
^ Eligibility and profit degree varies by card. Not all automobile sorts or leases are coated, and geographic restrictions apply. Phrases, circumstances and limitations apply. Go to americanexpress.com/benefitsguide for particulars. Insurance policies are underwritten by AMEX Assurance Firm. Protection is obtainable by American Specific Journey Associated Providers Firm, Inc.
# Eligibility and profit degree varies by card. Phrases, circumstances and limitations apply. Go to americanexpress.com/benefitsguide for particulars. If accredited and coordinated by Premium International Help Hotline, emergency medical transportation help could also be supplied for free of charge. In some other circumstance, cardmembers are accountable for the prices charged by third-party service suppliers.
† Eligibility and profit degree varies by card. Phrases, circumstances and limitations apply. Go to americanexpress.com/benefitsguide for particulars. Insurance policies are underwritten by AMEX Assurance Firm.
As you possibly can see within the desk above, the Amex Platinum doesn’t present baggage delay insurance coverage, emergency medical and dental advantages, roadside help or journey accident insurance coverage. For brevity, I gained’t focus on the sorts of insurance coverage the Amex Platinum doesn’t present any additional on this information.
As an alternative, I’ll evaluate the protections head-to-head for the sorts of insurance coverage supplied by each playing cards. You’ll find the information to advantages for each playing cards as follows:
And to be taught extra about each playing cards, take a look at our Chase Sapphire Reserve bank card evaluate and Amex Platinum card evaluate.
Associated: Amex Platinum vs. Chase Sapphire Reserve: Which card is best for you?
Journey delay insurance coverage
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| Chase Sapphire Reserve | Amex Platinum | |
|---|---|---|
| Most reimbursement | As much as $500 per ticket while you’re delayed by six-plus hours or in a single day. | As much as $500 per coated journey while you’re delayed by six-plus hours, with a most of two claims per eligible card inside a 12-month interval.* |
| What may be reimbursed | Cheap further bills incurred throughout a coated journey delay, together with meals, lodging, toiletries and drugs. | Cheap further bills together with, however not restricted to, meals, lodging, toiletries, medication and different private use gadgets. |
| How lengthy a delay is required | Six-plus hours or in a single day. | Six-plus hours. |
| Who is roofed | You, your partner or home associate and your legally dependent kids underneath 26 years outdated. |
You, your partner or home associate, your single dependent little one as much as 19 (or underneath 26 if a full-time pupil at an accredited school or college) and touring companions. |
| Find out how to get protection | Cost all or a portion of a typical service fare to your bank card account and/or rewards applications related together with your account. | Cost the complete quantity of transportation by widespread service to your card or together with amassed factors in your card or redeemable certificates, vouchers, coupons or reductions awarded from a frequent flyer program or related program. |
| What is roofed | Delays brought on by gear failure, inclement climate, strike and hijacking/skyjacking. | Delays brought on by inclement climate, terrorist motion or hijacking, widespread service gear failure and misplaced or stolen passports or journey paperwork. |
| What isn’t coated | Any delay as a result of a coated hazard that was made public or made identified to you earlier than your departure.
Any pay as you go bills associated to your coated journey. |
Coated losses which are made public or identified to the traveler earlier than departure.
Bills paid earlier than the coated journey. Loss as a result of intentional acts by the traveler. |
| Different restrictions | Journey should not exceed three hundred and sixty five days.
Journey should be to a vacation spot apart from the traveler’s metropolis of residence. |
Requires round-trip journey to a number of locations apart from the traveler’s metropolis of residence, consisting of round-trip, one-way or a mix of one-way and round-trip bookings.
Interval of round-trip journey should not exceed three hundred and sixty five days away from the traveler’s metropolis of residence. |
*Eligibility and profit degree varies by card. Phrases, circumstances and limitations apply. Go to americanexpress.com/benefitsguide for particulars. Insurance policies are underwritten by New Hampshire Insurance coverage Firm, an AIG Firm.
As it’s possible you’ll collect from the above desk, the first variations in journey delay protection are:
- The Amex Platinum requires round-trip journey, which you have to purchase together with your card (in complete or mixture with different eligible strategies).
- The Amex Platinum doesn’t cowl in a single day delays which are lower than six hours.
- The Amex Platinum caps your claims to 2 per 12-month interval.
- The Amex Platinum covers touring companions so long as you pay for his or her round-trip widespread service fares together with your card.
- The Chase Sapphire Reserve explicitly covers delays as a result of strikes, whereas the Amex Platinum explicitly covers delays as a result of misplaced or stolen passports or journey paperwork.
Associated: Chase paid for my $1,100-per-night resort room due to built-in journey delay protection
Journey cancellation/interruption insurance coverage
| Chase Sapphire Reserve | Amex Platinum | |
|---|---|---|
| Journey cancellation profit could reimburse | Nonrefundable pay as you go journey bills charged by a journey provider (not together with occasion tickets or pay as you go charges to theme parks, museums, golf programs or different factors of curiosity until a part of a package deal).
Redeposit charges imposed by a rewards program. |
Nonrefundable quantity paid to a journey provider together with your card.* |
| Journey interruption profit could reimburse | Nonrefundable pay as you go journey bills charged by a journey provider (not together with occasion tickets or pay as you go charges to theme parks, museums, golf programs or different factors of curiosity until a part of a package deal).
Redeposit charges imposed by a rewards program. Change charges. Prices to return a rental automobile to the closest rental company or your automotive to your closest leased or owned residence. |
The forfeited, non-refundable, pre-paid land, air and sea transportation preparations that have been missed.
Extra transportation bills that the traveler incurs (much less any out there refunds) and to not exceed the price of an economy-class air ticket by probably the most direct route for the traveler to rejoin their journey or to return to their of origin. Extra bills incurred to buy tickets for a brand new departure. |
| Who is roofed | You and your speedy members of the family. | You, your partner or home associate, your single dependent little one as much as 19 (or underneath 26 if a full-time pupil at an accredited school or college) and touring companions. |
| Find out how to get protection | Cost all or a portion of a visit to your bank card account and/or rewards applications related together with your account. | Cost the complete quantity of round-trip transportation by widespread service to your card or together with amassed factors in your card or redeemable certificates, vouchers, coupons or reductions awarded from a frequent flyer program or related program. Spherical-trip journey could also be booked as a round-trip itinerary or a mix of one-way and round-trip bookings. |
| Most protection | $10,000 per coated particular person, as much as $20,000 per journey and as much as $40,000 per 12-month interval. Journey interruption protection additionally supplies a most of $250 for floor transportation wants. | $10,000 per coated journey and $20,000 per eligible card in 12 consecutive months. |
| Different restrictions | Journeys scheduled to last more than 60 days aren’t coated.
Excludes preexisting circumstances, medical journey, civil unrest and journey booked previous the twenty sixth week of being pregnant. Most further transportation bills won’t be reimbursed. |
Requires round-trip journey to a number of locations apart from the traveler’s metropolis of residence, which could be a mixture of one-way and round-trip journey.
Interval of round-trip journey should not exceed three hundred and sixty five days away from the traveler’s metropolis of residence. Excludes preexisting circumstances, monetary insolvency of a journey provider, journey for paid participation in a sport, any parachuting or race actions and non-emergency medical therapies. |
* Eligibility and profit degree varies by card. Phrases, circumstances and limitations apply. Go to americanexpress.com/benefitsguide for particulars. Insurance policies are underwritten by New Hampshire Insurance coverage Firm, an AIG Firm.
As you possibly can see within the above desk and the associated advantages guides, the first variations in journey cancellation and journey interruption protection are:
- The Amex Platinum requires round-trip journey, paid together with your card (in complete or together with different eligible strategies). Solely journey bills placed on the cardboard used for round-trip widespread service journey might be coated.
- The Amex Platinum covers touring companions so long as you pay for his or her round-trip widespread service fares together with your card.
- The Amex Platinum could cowl the associated fee to return residence or rejoin the journey in case your journey is interrupted.
- The Chase Sapphire Reserve could reimburse redeposit charges imposed by a rewards program in case your journey is canceled or interrupted, in addition to change charges and automotive positioning charges in case your journey is interrupted.
- The Chase Sapphire Reserve covers extra sorts of losses, together with in case your lodging at your vacation spot is made uninhabitable or your host at your vacation spot dies or is hospitalized.
- The Amex Platinum excludes losses associated to psychological or emotional issues until hospitalized. The Amex Platinum additionally excludes losses that happen while you’re intoxicated. The Chase Sapphire Reserve excludes any loss for any journey booked whereas on a ready record for specified medical remedy.
Try American Specific’ journey cancellation and interruption insurance coverage coronavirus often requested questions when you’re questioning whether or not the Amex Platinum’s insurance coverage will cowl coronavirus-related cancellations or interruptions.
Associated: Watch out: Avoiding outbreaks isn’t coated by most journey insurance coverage
Auto rental collision harm waiver
| Chase Sapphire Reserve | Amex Platinum | |
|---|---|---|
| Protection sort | Main. | Secondary.^ |
| Most protection | $75,000. | $75,000. |
| Find out how to get protection | You utilize your bank card account and/or rewards applications related together with your account to provoke and full your entire automotive rental transaction.
You decline the rental firm’s collision harm waiver choice. |
You reserve and pay for your entire rental utilizing your eligible card or utilizing Membership Rewards factors.
On the rental firm counter, you decline protection for full collision harm waiver (CDW), private accident insurance coverage, private property protection and related protection. |
| Who is roofed | The cardholder and any licensed drivers on the automotive rental contract when the cardholder is the first driver. | The cardmember, their partner or home associate and licensed drivers. |
| What is roofed | Theft, harm, legitimate loss-of-use expenses, administrative charges and cheap and customary towing expenses to the closest certified restore facility. | Injury, theft, cheap and customary expenses associated to the rental automobile after the harm or theft, similar to lack of rental automobile use, appraisal charges supplied they’re supported with verifiable documentation, towing expenses and storage, that are charged by the closest vendor or facility able to rendering help. |
| Excluded automobile sorts | Vintage automobiles
Cargo vans, autos with open cargo beds, vehicles apart from pickups. Bikes, mopeds, motorbikes. Limousines. Leisure autos. Passenger vans with seating for greater than 9 folks. |
Cargo vans, customized vans, vans with a seating capability over eight passengers, dice van or field truck, any truck that has a gross automobile weight score of 10,000 lbs. or extra or industrial makes use of of autos.
Leased or mini-leased autos. Vehicles which are at the least 20 years outdated or haven’t been manufactured inside 10 or extra years earlier than the date of the rental settlement. Limousines Off-road autos, bikes, mopeds, leisure autos, golf or motorized carts, campers, trailers and some other automobile which isn’t supplied by a rental firm. Leases from an organization that may be a shifting van rental firm or a enterprise whose main operation shouldn’t be automobile leases, in addition to peer-to-peer leases. |
| Different restrictions | Rental intervals of as much as 31 days are coated | Rental intervals of as much as 30 days are coated.
Excludes leases in Australia, Italy and New Zealand. |
^ Eligibility and profit degree varies by card. Not all automobile sorts or leases are coated, and geographic restrictions apply. Phrases, circumstances and limitations apply. Go to americanexpress.com/benefitsguide for particulars. Insurance policies are underwritten by AMEX Assurance Firm. Protection is obtainable by American Specific Journey Associated Providers Firm, Inc.
As you possibly can see within the above desk and the associated information to advantages, the first variations in automotive rental collision harm safety are:
- The Chase Sapphire Reserve covers extra sorts of autos.
- The Chase Sapphire Reserve supplies main protection.
- The Chase Sapphire Reserve would not have nation exclusions.
- The Amex Platinum presents protection to spouses when fee is made with an eligible card.
- Whereas the Amex Platinum protection particularly mentions peer-to-peer leases, it is unlikely your Sapphire Reserve would cowl Turo leases.
When you’d desire to get main protection for rental automobiles when utilizing American Specific playing cards, you possibly can enroll in American Specific’ Premium Automotive Rental safety.
Associated: 11 widespread rental automotive errors — and the right way to keep away from them
Emergency evacuation and transportation insurance coverage
| Chase Sapphire Reserve | Amex Platinum | |
|---|---|---|
| What protection is supplied | Mandatory emergency evacuation and transportation bills as much as $100,000 to the closest hospital the place you possibly can receive acceptable medical remedy or to your residence. | Medical transport and evacuation from an insufficient facility to a extra acceptable medical facility, as determined by the Premium International Help Hotline.#
Economic system-class flights residence for the evacuee and one member of the family if the unique ticket turns into invalid because of the evacuation. |
| Find out how to get protection | Cost any portion of a typical service fare or journey agent reserving to your bank card account and/or rewards applications related together with your account. | Be a cardmember. |
| Who is roofed | You, your partner and eligible kids underneath age 19 (or underneath 26 if enrolled as a full-time pupil at an accredited college). | The cardmember and extra cardmembers.
The cardmember’s partner or home associate and dependent kids underneath 23 or underneath 26 if enrolled in class on a full-time foundation (all when touring on the identical journey itinerary because the cardmember) |
| Different restrictions | The profit administrator should preapprove transport to be coated.
Period of the journey can’t be lower than 5 days or greater than 60 days and should be over 100 miles from the traveler’s residence (distance requirement waived for New York residents). |
Transport should be licensed and organized by the Premium International Help program to be coated.
The cardmember is touring on a visit of 90 days or much less, starting on the cardmember’s U.S. billing handle and touring 100 miles or extra from that handle. |
# Eligibility and profit degree varies by card. Phrases, circumstances and limitations apply. Go to americanexpress.com/benefitsguide for particulars. If accredited and coordinated by Premium International Help Hotline, emergency medical transportation help could also be supplied for free of charge. In some other circumstance, cardmembers are accountable for the prices charged by third-party service suppliers.
As you possibly can see within the above desk and the associated information to advantages, the first variations within the emergency medical analysis profit are:
- You’re coated by the Amex Platinum even when you use one other card to buy your widespread service fare, whereas you have to at the least partially pay with the Chase Sapphire Reserve or related rewards to be coated.
- The Chase Sapphire Reserve has stricter necessities for journey size.
- Each playing cards supply further advantages that may convey a member of the family to your facet or return now-unaccompanied minors residence.
Associated: A Medjet medical transport membership is completely different than journey insurance coverage. Right here’s why you want each
Misplaced baggage reimbursement
The misplaced baggage profit provided by each playing cards could reimburse you in case your baggage is misplaced, broken or stolen throughout a visit. Right here’s a comparability of the misplaced baggage reimbursement supplied by the Chase Sapphire Reserve and Amex Platinum Card.
| Chase Sapphire Reserve | Amex Platinum | |
|---|---|---|
| Most protection | As much as $3,000 per particular person per journey, together with a restrict of $500 per particular person per journey for jewellery and watches and a restrict of $500 per particular person per journey for cameras and different digital gear. | As much as $3,000 per particular person for carry-on baggage and as much as $2,000 per particular person for checked baggage, with a restrict of $1,000 per particular person for high-risk gadgets. For New York residents, the utmost protection is $2,000 per bag per particular person and $10,000 mixture per coated journey.† |
| Find out how to get protection | Cost all or a portion of a typical service fare to your bank card account and/or rewards applications related together with your account. | Buy your entire fare for a typical service automobile ticket on an eligible card or utilizing Amex Membership Rewards factors. |
| Who is roofed | You and your speedy members of the family. | You, your partner or home associate, your dependent kids underneath 23 years of age and choose older dependant kids who’re incapacitated. |
| What is roofed | Checked baggage, carry-on baggage and/or private property contained inside as a result of loss, harm or theft occurring throughout a visit. | The alternative price of luggage within the occasion of injury or loss whereas in direct transit to or from a typical service’s terminal to board or exit a typical service automobile or when baggage is checked in with or carried on the widespread service. |
| What isn’t coated | Battle-related losses.
Objects which have been faraway from carry-on baggage by you and inadvertently left behind on the widespread service or cruise line. Paperwork or useful papers. Cash or securities. Tickets. Checks or vacationers’ checks. Furs. |
Battle-related losses.
Acts of buyer or different authorities authority (excluding TSA). Bank cards and different journey paperwork (together with passports and visas). Securities. Paperwork and tickets of any type Traveler’s checks and different negotiable devices (together with reward certificates, reward playing cards, reward checks, meals stamps), money or its equal, notes, accounts, payments, foreign money, deeds, proof of debt or intangible property, uncommon stamps or cash. Dwelling vegetation and animals. Meals, consumable and perishable gadgets. Eyeglasses, sun shades and phone lenses. Listening to aids and prosthetic gadgets. Prescription or nonprescription medicine. Property shipped as freight or shipped earlier than the departure date. |
| Different restrictions | You have to report the loss to the widespread service throughout the service’s required timeframe for checked baggage.
For carry-on baggage, you have to report the loss to the service as quickly as you exit. |
Journeys cannot exceed three hundred and sixty five days.
You have to report the loss to the widespread service throughout the service’s required timeframe. |
† Eligibility and profit degree varies by card. Phrases, circumstances and limitations apply. Go to americanexpress.com/benefitsguide for particulars. Insurance policies are underwritten by AMEX Assurance Firm.
As you possibly can see within the above desk and the associated information to advantages, the first variations in misplaced baggage reimbursement are:
- The Amex Platinum explicitly notes that losses as a result of confiscation by TSA aren’t excluded.
- The Chase Sapphire Reserve covers a broader number of members of the family while you pay for his or her ticket utilizing your card.
- The playing cards exclude several types of gadgets and sorts of loss.
Associated: Every thing you could find out about Amex’s baggage insurance coverage plan
When ought to I take advantage of the Chase Sapphire Reserve vs. the Amex Platinum?
The Platinum Card from American Specific earns 5 Amex Membership Rewards factors per greenback spent on flights booked straight with airways or with American Specific Journey (on as much as $500,000 of those purchases per calendar 12 months, then 1 level per greenback) for an approximate 10% return based mostly on TPG’s valuations. The Chase Sapphire Reserve earns 10 Chase Final Rewards factors per greenback on accommodations and rental automobiles bought by the Chase Journey portal, 5 factors per greenback on flights booked by this portal, 10 factors per greenback on Lyft rides by March 2025 and three factors per greenback on all different journey (bonus factors incomes comes into impact after exhausting the $300 annual journey credit score).
The Sapphire Reserve has an annual price of $550 whereas the Amex Platinum Card has a $695 annual price (see charges and costs).
Associated: Amex Membership Rewards vs. Chase Final Rewards: Which is the perfect?
Regardless of the incomes hole (which might sway somehow, relying on the way you e-book your flights), it’s possible you’ll need to use the Chase Sapphire Reserve when reserving some widespread service journey. I like to recommend testing the information to each playing cards’ advantages and contemplating which card is finest on your journey bills. To assist, listed below are some causes to think about every card.
Causes to make use of the Chase Sapphire Reserve
OFFICIAL APPLICATION LINK: Chase Sapphire Reserve
Causes to make use of the Amex Platinum
- Gives an emergency medical evacuation profit to cardmembers no matter whether or not you charged any journey bills to the cardboard.
- Covers touring companions for journey delay insurance coverage and journey cancellation/interruption insurance coverage while you buy their round-trip fare together with your card.
- Could reimburse further transportation bills to rejoin the widespread service coated journey or return to the fatherland; additionally could cowl the acquisition of tickets for a brand new departure, underneath journey interruption insurance coverage.
- Consists of misplaced or stolen passports or journey paperwork as an eligible purpose for journey delay insurance coverage.
- Has the next cap on high-value gadgets for misplaced, broken or stolen baggage.
- Some readers have discovered the declare course of to be extra easy and easy.
OFFICIAL APPLICATION LINK: The Platinum Card from American Specific
Backside line
Some vacationers who’ve each playing cards put their flights on the Amex Platinum to earn 5 factors per greenback and put different journey bills on the Chase Sapphire Reserve to earn 3 factors per greenback and activate their journey cancellation and interruption protections.
You would possibly need to maintain the Amex Platinum primarily for Centurion Lounge entry, resort elite standing and entry to Amex Superb Motels & Resorts, in addition to practically $1,500 in annual credit out there to cardmembers.
Nonetheless, you would possibly need to keep away from reserving flights with the Amex Platinum due to the round-trip requirement and the dearth of luggage delay safety. As an alternative, you’d desire to make use of the Chase Sapphire Reserve for widespread service fares and different journey bills.
For charges and costs of the Amex Platinum card, click on right here.
