Chase Sapphire Preferred℠ Card vs TrueEarnings® Card from Costco and American Express

Chase Sapphire Preferred is a high-earning rewards card for those with excellent credit. How does it compare to Costco American Express, a cash back and gas credit card? Read our comparison chart below.

Keep in mind, the Chase Sapphire Preferred has a $95 annual fee (annual fee waived for first year), while the Costco American Express has a $0 annual fee.

	Chase Sapphire Preferred℠ Card	TrueEarnings® Card from Costco and American Express
	Credit Card Summary
	Earn 40,000 bonus points after you spend $3,000 in the first 3 months - that's $500 toward travel rewards! 2 points per dollar spent on travel and at restaurants & 1 point per dollar spent on all other purchases. Get 20% off airfare, hotels, car rentals and cruises when you book through Ultimate Rewards(SM) No foreign transaction fees Receive a 7% annual dividend on all new points earned - even on points already redeemed 1:1 point transfer to participating frequent travel programs Direct access to expert service advisors anytime No Annual Fee for your first year - A $95 value	American Express® Card and Costco Membership Card in one - with no annual fee for Costco members Cash back on the things you buy: 3% for the first $3,000 in annual gasoline purchases (1% thereafter), 2% for restaurants, 2% for travel, and 1% everywhere else, including Costco Rated 4.5 out of 5 stars in overall satisfaction by current TrueEarnings® Cardmembers from Costco and American Express
	Credit Card Interest Rates & Fees
Introductory APR for Purchases		0% introductory APR for 6 months
Purchases APR	as low as 15.24% (Variable) based on your creditworthiness and other factors	as low as 15.24% (Variable) based on your creditworthiness and other factors
Balance Transfers APR	as low as 15.24% (Variable) based on your creditworthiness and other factors	as low as 15.24% (Variable) based on your creditworthiness and other factors
Annual Fee	$95 annual fee, annual fee waived for first year	$0 annual fee
	Credit Card Rewards & Benefits
Introductory Bonus Reward Points	Introductory Bonus Reward Points: Earn 40,000 bonus points after you spend $3,000 in the first 3 months - that's $500 toward travel rewards!
Cash Back Rewards		Cash Back Rewards: Cash back on the things you buy: 3% for the first $3,000 in annual gasoline purchases (1% thereafter), 2% for restaurants, 2% for travel, and 1% everywhere else, including Costco
Point Rewards	Point Rewards: 1 point per dollar spent on all other purchases
Travel Rewards	Travel Rewards: 2 points per dollar spent on travel. Transfer points you've earned to participating frequent traveler programs at a 1:1 value	Travel Rewards: 2% cash back for travel
Bonus Reward Points	Bonus Reward Points: Earn a 7% annual points dividend - even on points already redeemed
Price Protection	Price Protection: Receive a refund of the difference between the price you paid for an eligible item on the card and a subsequent covered lower advertised price for the same item within the first 90 days of purchase.
Dining Rewards	Dining Rewards: 2 points per dollar spent at restaurants	Dining Rewards: 2% cash back for restaurants
Gas Rewards		Gas Rewards: 3% cash back for the first $3,000 in annual gasoline purchases (1% thereafter)
	Go to issuer's official application, terms, and details	Go to issuer's official application, terms, and details
	CreditDonkey® Credit Card Reviews
Pros & Cons	Pros: Generous bonus points Travel, purchase and security protection No annual fee for first year Cons: No intro APR $95 annual fee	Pros: Excellent cash back 3% gas cash back Costco membership card Intro APR Cons: Cashback expires
Bottom Line	High-earning rewards card for those with excellent credit... Read full review	Excellent cash back card for Costco members... Read full review
See issuer's website for details including terms and conditions. While reasonable effort has been made to maintain accurate and updated information, the information shown on this site may vary, be out of date, or not applicable to you. All information is provided without warranty. When you click on the Apply Now button, you can review the terms and conditions on the issuer's website. Blank fields indicate either the information is not available, not applicable, or not known to CreditDonkey. Please visit the issuer's website for details. Disclaimer: This content is not provided or commissioned by Chase. Opinions expressed here are author's alone, not those of Chase, and have not been reviewed, approved or otherwise endorsed by Chase. This site may be compensated through Chase Affiliate Program. Disclaimer: This content is not provided or commissioned by American Express. Opinions expressed here are author's alone, not those of American Express, and have not been reviewed, approved or otherwise endorsed by American Express. This site may be compensated through American Express Affiliate Program.

Articles on Chase Sapphire Preferred℠ Card

Chase Sapphire Preferred Review: Huge 40,000 Bonus Points and Premium Rewards
December 9, 2011 - By David R - Review for Chase Sapphire Preferred
The Chase Sapphire Preferred card offers a very generous point bonus and extra travel rewards to those with excellent credit. It is the premium version of the Chase Sapphire card. Although it has an annual fee, most cardholders should be able to ...

Disclaimer: This content is not provided or commissioned by Chase. Opinions expressed here are author's alone, not those of Chase, and have not been reviewed, approved or otherwise endorsed by Chase. This site may be compensated through Chase Affiliate Program.

Articles on TrueEarnings® Card from Costco and American Express

American Express Costco Card Review: Earn Cash Back at Costco
September 30, 2011 - By Meghan Clark - Review for Costco American Express
Costco shoppers looking for rewards on their in-store and gasoline purchases should check out the TrueEarnings Card from Costco and American Express. There is no annual fee for active Costco members, so the cash back you earn goes straight to ...

Disclaimer: This content is not provided or commissioned by American Express. Opinions expressed here are author's alone, not those of American Express, and have not been reviewed, approved or otherwise endorsed by American Express. This site may be compensated through American Express Affiliate Program.

Compare Chase Sapphire Preferred to:

Chase Sapphire℠ Intro APR (P) Intro APR (BT) APR as low as - - 15.24% (Variable) Earn 10,000 bonus points after you spend $500 in the first 3 months - that's $100 toward travel or any other reward! 2 points per dollar spent at restaurants & 1 point per dollar spent on all other purchases. Points never expire and there are no limits on how many points you can earn Redeem points for travel, gift cards, merchandise, cash back and more Direct access to expert service advisors anytime No annual fee!

The Platinum Card® from American Express Intro APR (P) Intro APR (BT) APR as low as - - N/A 25,000 Membership Rewards® points bonus when you spend $2,000 during your first three months of Card membership GLOBAL Travel benefits: Access over 600 lounges worldwide with Priority Pass™ Select, no foreign transaction fees, skip U.S. customs lines with Global Entry. Enroll and select an airline to receive up to $200 annually in statement credits for incidental fees such as checked bags, in–flight refreshments, and change fees.* Receive a companion ticket for discounted travel when you purchase a qualifying First- or Business-Class international ticket. Additional charges/taxes apply. 24/7 Platinum Card® Concierge service for assistance with reservations, travel, gifts, and more FINE HOTELS & RESORTS Program: exclusive upgrades and amenities at over 700 boutique, resort, and luxury hotels worldwide Use Membership Rewards Pay with Points for part or all of your travel and get 20% of

American Express® Gold Card Intro APR (P) Intro APR (BT) APR as low as - - N/A Exclusive access to Gold Card Events – select concerts, shows, major sporting events, and more. Purchase Protection* can protect eligible items for up to 90 days from the date of purchase if stolen or accidentally damaged. *Underwritten by AMEX Assurance Company Redeem Membership Rewards® points for an exclusive array of travel, shopping, dining and entertainment rewards. Introductory annual fee of $0 for the first year, then $125. Get a decision in as little as 60 seconds.

You might also be interested in

Related: Point Rewards Credit Cards

Compare Costco American Express to:

Blue Cash Everyday℠ Card from American Express Earn $100 cash back after spending $1,000 in eligible purchases in the first 3 months of Cardmembership 0% intro APR on purchases for 12 months, flexibility to pay over time Get 3% cash back at supermarkets, 2% cash back at gas stations and department stores, and 1% cash back on all other purchases NO spend minimum, NO enrollment, and NO rotating rewards categories Get a $25 Referral Bonus for each friend or family member who is approved for the Card No annual fee, flexibility to pay over time Intro APR for Purchases Intro APR for Balance Transfer APR as low as Annual Fee 0% for 12 months - 17.24% - 22.24% (Variable) $0

Chase Freedom® Visa Earn $100 Bonus Cash Back after you make $500 in purchases in your first 3 months 0% Intro APR for 15 months on purchases and balance transfers 5% Cash Back on up to $1,500 spent at grocery stores and movie theaters from 4/1/12 - 6/30/12 You'll enjoy new 5% categories every 3 months like gas stations, restaurants and even airlines. It's free and easy to activate your bonus each quarter! Unlimited 1% Cash Back on all other purchases Up to an additional 10% Cash Back when you shop online at select merchants through Chase No annual fee and rewards never expire Intro APR for Purchases Intro APR for Balance Transfer APR as low as Annual Fee 0% for 15 months 0% for 15 months 12.99% - 22.99% (Variable) $0

Related: Cash Back Rewards Credit Cards