Chase Sapphire Preferred vs. Amex Gold: The Mid-Tier Card Showdown That Could Unlock Hidden Rewards You’re Missing Out On
Again, you’ll get the best value from your points by transferring them to one of Amex’s 20 hotel and airline partners.
Winner: Tie. Both cards earn transferable rewards and give you a wide range of valuable redemption options.
Transferring points on the Sapphire Preferred vs. Amex Gold
TPG’s April 2025 valuations peg Chase Ultimate Rewards at 2.05 cents each and Amex Membership points at 2 cents each, but your travel habits might make one currency better than the other for you.

For example, if you live in a Delta hub, you might get more value out of transferring your Membership Rewards points to Delta SkyMiles, while those who have a coveted Southwest Companion Pass can get some incredible value by transferring Chase Ultimate Rewards points to Southwest Rapid Rewards.
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