Amex Gold vs Sapphire Preferred
Side-by-side comparison: signup bonus, annual fee, benefits, transfer partners. Updated daily from issuer pages.
Quick Answer
For year-one net value (welcome bonus minus annual fee), Amex Gold comes out ahead at ~$1,675 even at a higher $325 annual fee vs $95. Amex Gold sits in Amex MR; Sapphire Preferred sits in Chase UR. The right pick still depends on which credits and category multipliers fit your spending pattern — full breakdown below.
Amex Gold
Highest first-year value among the 2 cards you're comparing — $2,319 after annual fee.
Amex
Amex Gold
Annual Fee
$325/yr
Signup Bonus
100,000 Membership Rewards
Bonus Value
~$2,000
Benefits Value
~$644/yr
Spend Req.
$8,000 / 6mo
Rewards Currency
Amex MR
Network
Amex
Card Type
Personal
Benefits
✈️ travel credit
Global Entry / TSA PreCheck Credit
$120/yr
🍽️ dining credit
Dining Credit
$120/yr
Uber Cash
$120/yr
Resy Restaurant Credit
$100/yr
Dunkin' Credit
$84/yr
🏨 hotel credit
Hotel Collection Credit
$100/yr
Chase
Sapphire Preferred
Annual Fee
$95/yr
Signup Bonus
75,000 Ultimate Rewards
Bonus Value
~$1,538
Benefits Value
~$270/yr
Spend Req.
$5,000 / 3mo
Rewards Currency
Chase UR
Network
Visa
Card Type
Personal
Benefits
✈️ travel credit
Global Entry / TSA PreCheck Credit
$100/yr
🍽️ dining credit
DashPass Membership
$120/yr
🏨 hotel credit
Annual Hotel Credit
$50/yr
Quick winners by category
The fast answer if you came here looking for one specific thing.
Best for Travel
Sapphire Preferred
Wins on stronger travel multiplier (5× vs 3×) on flights and hotels.
Best for Dining
Amex Gold
Dedicated dining credit plus strong restaurant earning multiplier.
Best for Transfer Partners
Amex Gold
Amex MR has 21+ transfer partners — better redemption flexibility.
Best for Beginners
Sapphire Preferred
Lower $95 annual fee makes the math safer for newer cardholders.
Best Overall Value
Amex Gold
~$2,319 of first-year value after annual fee — wins the math.
Best for Premium Travel
Amex Gold
Premium hotel credits, top-tier lounge access, and travel insurance built in — the luxury-travel pick.
Best for Hyatt Transfers
Sapphire Preferred
Transfers points to World of Hyatt 1:1 — the highest-CPP redemption in the points game. Chase UR owns this advantage.
What it's worth for your spending
Estimated first-year value (welcome bonus + benefits − annual fee) for four common spending profiles.
| Profile | Amex Gold | Sapphire Preferred |
|---|---|---|
| Light spender, building credit | $2,657 | $1,925 |
| Everyday family ($40K/yr spend) | $3,399 | $2,469 |
| Frequent traveler (2-3 trips/yr) | $3,453 | $2,829 |
| Premium traveler (5+ trips/yr) | $4,191 | $3,945 |
Year-one value = welcome bonus + tracked benefits + estimated points value from spending − annual fee. Points valued at 1.5¢ each (transferable) or 1¢ each (cashback). Real-world value depends on how you redeem.
Side-by-side: every spec that matters
Higher value highlighted in green per row.
| Amex Gold | Sapphire Preferred | |
|---|---|---|
| Welcome bonus | 100,000 Membership Rewards (~$2,000) | 75,000 Ultimate Rewards (~$1,538) |
| Annual fee | $325/yr | $95/yr |
| Authorized user fee | $0 | $0 |
| Transfer partners | 21+ partners (Amex MR) | 14+ partners (Chase UR) |
| Travel credits | $120/yr | $100/yr |
| Lounge access | None | None |
| Dining rewards | 4x 4x at restaurants worldwide | 3x 3x on dining including delivery and takeout |
| Grocery rewards | 4x 4x at US supermarkets, capped at \$25,000/year then 1x | 1x |
| Hotel rewards | $100/yr 2x on prepaid hotels via amextravel.com | $50/yr 5x on Chase Travel hotels |
| Travel insurance | Limited | Comprehensive |
| Cell phone protection | Included | Included |
| Foreign transaction fee | $0 | $0 |
| Mobile wallet | Apple Pay, Google Pay, Samsung Pay | Apple Pay, Google Pay, Samsung Pay |
| Network | Amex | Visa |
Who should get the Amex Gold?
- ✓You spend $4K+/year at U.S. supermarkets and at least $3K/year at restaurants — at 4× the points stack pays back fast.
- ✓You'll actually order DoorDash / Uber Eats to use the $10/month Uber Cash and $10/month Resy dining credits — they expire if you don't.
- ✓You hold or plan to hold an Amex Plat or Biz Plat too — Gold's 4× dining + Plat's 5× flights is the classic Amex stack.
- ✓You're a frequent traveler willing to absorb a $325 annual fee for premium credits and lounge access.
- ✓Travel is one of your top 3 spending categories and you want to earn faster on flights, hotels, and ride-shares.
- ✓You eat out regularly and want bonus points on restaurants worldwide.
- ✓Groceries are a major monthly line item and you want grocery-specific earning.
Who should get the Sapphire Preferred?
- ✓You're currently under Chase 5/24 (≤4 new personal cards in the last 24 months) — this is the right window to claim the SUB.
- ✓Hyatt redemptions are your endgame — CSP transfers UR to World of Hyatt at 1:1 (3–5 cpp at peak Park Hyatt / Andaz properties).
- ✓You're not ready for CSR's $795 AF — CSP gives 80%+ of the points-game value at $95.
- ✓You're comfortable with a $95 annual fee in exchange for stronger earning and welcome bonus value.
- ✓Travel is one of your top 3 spending categories and you want to earn faster on flights, hotels, and ride-shares.
- ✓You eat out regularly and want bonus points on restaurants worldwide.
- ✓You're past the cashback phase and ready to learn transfer partners — programs with deep partner lists pay off when you book aspirational redemptions 1–2× a year.
Frequently asked questions
Which has a better welcome bonus, Amex Gold or Sapphire Preferred?
Amex Gold currently offers the stronger welcome bonus by estimated cash value (~2,000 vs ~1,538). Welcome bonus offers change frequently — check the current offer on each card's detail page before applying.
Is the Amex Gold worth the 325 annual fee?
For first-year cardholders the answer is usually yes — the welcome bonus (~2,000) and statement credits alone typically cover the 325 fee several times over. After year one, the math depends on your spending patterns. Use our Annual Fee Calculator with your actual numbers to verify before renewing.
Is the Sapphire Preferred worth the 95 annual fee?
For first-year cardholders the answer is usually yes — the welcome bonus (~1,538) and statement credits alone typically cover the 95 fee several times over. After year one, the math depends on your spending patterns. Use our Annual Fee Calculator with your actual numbers to verify before renewing.
Can I have both the Amex Gold and the Sapphire Preferred?
Yes — these cards are from different issuers (Amex and Chase), so holding both is fine. Each card has its own welcome bonus and benefits with no overlap rules between the two issuers.
Which card is better for transferring points to Hyatt?
Sapphire Preferred transfers to World of Hyatt at 1:1 through its Chase UR ecosystem — one of the highest-CPP redemptions in the points game. Amex Gold doesn't transfer to Hyatt — Amex MR has no Hyatt partnership.
Which card has the better overall value?
Based on first-year math (welcome bonus + tracked statement credits − annual fee), Amex Gold comes out ahead at ~2,319 of net value vs ~1,713 for the other card. After year one, the better card for YOU depends on how naturally you'll use the credits and category bonuses.
Does Chase's 5/24 rule affect approval for these cards?
Yes — Sapphire Preferred is issued by Chase, so the 5/24 rule applies. If you've opened 5 or more cards in the last 24 months, Chase will likely deny your application. Amex Gold is issued by Amex and isn't subject to 5/24.
Which card has the easier minimum spend requirement?
Sapphire Preferred has the easier bar — 5,000 in 3 months — vs 8,000 in 6 months for Amex Gold. Don't manufacture spend just to hit a higher threshold — if you can't reach it through normal spending, the card isn't the right fit right now.
Ready to apply?
Click through to the issuer's secure application page. Welcome bonus offers are confirmed at the time of approval, not at click time.
Amex
Amex Gold
Welcome: 100,000 Membership Rewards · ~$2,000 est. value
Chase
Sapphire Preferred
Welcome: 75,000 Ultimate Rewards · ~$1,538 est. value
Run your own numbers
These calculators use the same data this comparison runs on — plug in your spending and see net value.
Last reviewed
2026-05-29
Data sources
Issuer pages (verified via Playwright on this date), TPG monthly valuations, public award charts.
Methodology
Editorial note: CreditPoints may earn a commission when you apply through some of the links on this page, but the side-by-side ranking, Quick Winners and Real-World Scenarios are algorithmic and identical for all readers. We never accept payment to change ordering.
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