Chase Sapphire Reserve® vs Choice Privileges® Mastercard®
Side-by-side comparison
| Chase Sapphire Reserve® | Choice Privileges® Mastercard® | |
|---|---|---|
| Annual fee | $795 | No annual fee |
| Welcome offer | 100,000 Ultimate Rewards® Points | 60,000 points |
| Dining | 3x | 1x |
| Groceries | 1x | 3x |
| Gas | 1x | 3x |
| Travel | 4x | 5x |
| Streaming | 1x | 1x |
| Everything else | 1x | 1x |
| Est. yearly rewards* | $406 | $527 |
| Points type | Transfers to airlines & hotels | Locked to Choice Privileges |
| Network | Visa | Mastercard |
*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 household spending, the Chase Sapphire Reserve® earns about $406 a year in rewards and the Choice Privileges® Mastercard® about $527, valuing every point at a flat 1 cent. The Chase Sapphire Reserve® charges $795, but carries about $2,108 in annual statement credits that offset it for anyone who uses them. The Choice Privileges® Mastercard® has no annual fee, so its rewards are all profit. Counting rewards, fees, and any credits, the Chase Sapphire Reserve® delivers more total value, about $138 a year more for a typical spender, mostly because it earns more where you spend most, on dining. The bigger difference is the ceiling: the Chase Sapphire Reserve® earns points you can move to travel partners for outsized value, while the Choice Privileges® Mastercard® stays locked to a single airline or hotel program. Favor the Chase Sapphire Reserve® if you will use travel transfers, the Choice Privileges® Mastercard® if you want simplicity. On the sign-up bonus, the Chase Sapphire Reserve® currently has the larger welcome offer. A welcome bonus is a one-time event, so weigh it apart from the ongoing rewards.
Pick the Chase Sapphire Reserve® if your spending leans toward dining. Pick the Choice Privileges® Mastercard® if your spending leans toward groceries, gas, travel.