American Express® Business Platinum vs Chase Sapphire Preferred®
Side-by-side comparison
| American Express® Business Platinum | Chase Sapphire Preferred® | |
|---|---|---|
| Annual fee | $895 | $95 |
| Welcome offer | Up to 300,000 Membership Rewards® Points | |
| Advertising | 1% | 1% |
| Shipping | 1% | 1% |
| Office supplies | 1% | 1% |
| Phone & internet | 1% | 1% |
| Travel | 5% | 2% |
| Everything else | 1% | 1% |
| Est. yearly rewards* | $642 | $582 |
| Points type | Transfers to airlines & hotels | Transfers to airlines & hotels |
| Network | Amex | Visa |
*Estimated yearly rewards on typical household spending, every point valued at a flat 1 cent. Verified June 2026. See your own numbers in the calculator.
The verdict
On a typical year of business spending, the American Express® Business Platinum earns about $642 a year in rewards and the Chase Sapphire Preferred® about $582, valuing every point at a flat 1 cent. The American Express® Business Platinum charges $895, but carries about $1,565 in annual statement credits that offset it for anyone who uses them. The Chase Sapphire Preferred® charges $95, but carries about $230 in annual statement credits that offset it for anyone who uses them. Counting rewards, fees, and any credits, the Chase Sapphire Preferred® delivers more total value, about $72 a year more for a typical spender, mostly because it skips the annual fee the other charges. Both earn transferable points rather than flat cash, so the deciding factor is whose transfer partners reach the airlines and hotels you would actually book. On the sign-up bonus, the American Express® Business Platinum currently has the larger welcome offer. Note that Chase Sapphire Preferred® is running a limited-time offer above the usual amount, so that edge may not last. A welcome bonus is a one-time event, so weigh it apart from the ongoing rewards.
Pick the American Express® Business Platinum if your spending leans toward travel.