Canceling Your Walmart Credit Card

The American Express Gold Card and the Chase Sapphire Preferred are two popular travel rewards credit cards, each with its own set of benefits and features. Here's a comparison of the two cards to help you decide which one may be a better fit for your needs:

American Express Gold Card:

1. Rewards Program:

   • The Amex Gold Card is part of the American Express Membership Rewards program, which offers flexible point redemption options.

2. Earning Points:

   • The card earns 4x points at U.S. supermarkets (up to $25,000 per year), 4x points at restaurants worldwide, 3x points on flights booked directly with airlines or via Amex Travel, and 1x point on all other purchases.

3. Welcome Bonus:

   • The Gold Card typically offers a generous welcome bonus to new cardmembers.

4. Annual Fee:

   • The card comes with an annual fee, and there may be additional fees for certain benefits like the $120 dining credit and airline fee credit.

5. Travel Benefits:

   • The card offers a $120 dining credit, $100 airline fee credit, and access to The Hotel Collection.

6. Transfer Partners:

   • Membership Rewards points can be transferred to a variety of airline and hotel partners, potentially offering great value for travel redemptions.

Chase Sapphire Preferred:

1. Rewards Program:

   • The Chase Sapphire Preferred is part of the Chase Ultimate Rewards program, known for its flexibility and valuable transfer partners.

2. Earning Points:

   • The card earns 2x points on travel and dining worldwide, and 1x point on all other purchases.

3. Welcome Bonus:

   • The Sapphire Preferred typically offers a sizable welcome bonus to new cardmembers.

4. Annual Fee:

   • The card comes with an annual fee, and there are no additional fees for specific benefits.

5. Travel Benefits:

   • The Sapphire Preferred offers benefits like primary rental car insurance, trip cancellation/interruption insurance, and no foreign transaction fees.

6. Transfer Partners:

   • Ultimate Rewards points can be transferred to various airline and hotel partners, making them valuable for travel redemptions.

Key Considerations:

• If you spend a significant amount on dining and groceries, the Amex Gold Card may be more rewarding due to its higher earning rates in these categories.
• The Chase Sapphire Preferred may be a better choice if you want solid travel benefits, such as primary rental car insurance, and a straightforward earning structure for travel and dining expenses.
• Both cards offer competitive welcome bonuses, but the specific offers can vary, so check the current promotions.
• Consider your travel and redemption preferences. Membership Rewards points and Ultimate Rewards points can be valuable when used with their respective transfer partners, so the choice may depend on which partners align better with your travel plans.

Ultimately, the choice between these two cards should depend on your spending habits, travel goals, and the specific benefits that matter most to you. It's a good idea to assess which card aligns best with your lifestyle and financial preferences to maximize your rewards and benefits.