- Centurion Member
- Posts: 339
- Joined: Fri May 11, 2012 4:08 pm
- Location: Atlantic City, NJ
Sapphire Preferred all the way. Yes, only 2x points as opposed to the 3x of the PRG, but a much lower annual fee, bonus 20% boost for travel redemption, and annual anniversary 7% point bonus on the Sapphire Preferred balance it out. Customer service for both cards is top notch. Personally I think the Ultimate Rewards program is better than Membership Rewards, and offers more freedom. Plus SP comes either as a Visa or a Mastercard and is more widely accepted than American Express. Assuming you're a traveler, and both of these cards are geared at travelers, the SP has no foreign transaction fee ever where the Premier Rewards Gold has 2.7%..... lame!
True the PRG has no interest because you pay your statement in full, but in direct comparison with each other, using the SP the same way as the PRG won't cost you any interest either. Conversely, if you use the pay over time feature on the PRG, I believe the interest is 18.24% which is slightly higher than the SP's 15.24% rate. Amex PRG has no concierge if you're into that sort of thing, but Sapphire Preferred does.
On the flip side, the PRG has no preset spending limit so it is more unrestricted to a big spender than the SP (although a Visa Signature/World MC will allow you to go overlimit to an extent), but prepaying or making multiple payments on the SP would net the same result if trying to charge a lot. Also Chase is a bit tighter than Amex with regards to credit limit increases, so a low initial limit SP could be a problem in this respect.
Now she's eyeless.
The snakes she held once
Eat up her hands.