Amazon Credit Card vs Chase Sapphire Reserve
Amazon Prime Rewards Visa Signature Credit Card by Chase is designed for people who want to earn cash back from groceries. With this card, you can earn 5% cash back on all your shopping at Amazon.com and Whole Foods Market. You can also use this card to pay for your bill at a local restaurant, gas station, and drug stores to earn 2% cash back.
It also award the standard 1% cash back on all other purchases. You must have a Prime membership which costs $99/year to sign up for the Amazon Prime Rewards Visa Signature Credit Card.
As an incentive, it offers a $70 gift card along with the newly approved card. The gift card can be used on Amazon.com.
cashback of the cash back is 1 cent per point for various categories including flights, hotels, car rentals, travel, gift cards, and cash. The card does not have any transfer partners. Amazon Prime Rewards Visa Signature Credit Card is not suitable for use to purchase things in overseas as it charges a 3% foreign transaction fee.
Every time you check out on Amazon, you can see the balance of your cash back. You can use all the rewards or just a portion of it to pay for your purchase. You can redeem the cash back as soon as you have accumulated it without having to meet any minimum requirement.
Chase Sapphire Reserve, on the other hand, is a travel card for people who spend a lot of time on traveling. Chase Sapphire Reserve offers a 3x points on per dollar spent on travel and dining worldwide. The dining category is inclusive of dining at any restaurant from expensive fine dining to small cafe restaurant. Every year, you will receive $300 annual travel credit for reimbursing your travel purchases.
Chase Sapphire Reserve allows you to earn 50K bonus points when you have spent $4,000 within the first 3 months. The 50K bonus points can be exchanged for a $750 travel voucher when you redeem it via the Chase Ultimate Rewards. The 50K bonus is available only to new card members who neither have any Chase Sapphire card nor receive any signup bonus in the past.
There is no foreign transaction fee when you use your Chase Sapphire Reserve to shop overseas. Chase will issue a $100 statement credit every 4 years as reimbursement of the global entry or TSA Pre fee. It also offer complimentary airport lounge to 500+ cities worldwide.
Some of the extra benefits you will enjoy are special car rental, 24/7 concierge, special benefits at selected hotels, purchase, return, and extended warranty protection, trip cancellation insurance, lost luggage and trip delay reimbursement.