I was thinking about closing my Amex Platinum if it can’t continue to provide at least mid-tier status with Marriott/SPG when I stumbled upon this article which tried to make the point that because of the Marriott changes both Amex Platinum and Chase Sapphire Reserve became even more valuable.
You have to read all the way to the bottom to understand how Amex’s Fine Hotels and Resorts and Chase’s Luxury Hotels Collection can be an alternative to chasing hotel status. A quick online search will yield several good articles comparing the merits of both programs. In my case, I did a limited comparison for a short trip I have been thinking of for next month. I took a property I’m familiar with, the Park Hyatt Washington, DC and went on to compare costs and benefits of these programs vs booking with points.
Let’s start with Amex’s offering:
What Chase has to offer:
Booking with points/Points+Cash
If you paid “cash”…
My decision in this particular instance might be different from yours. Going forward, I will take a look at these programs before booking my future trips.
Things to keep in mind:
The benefits can vary from hotel to hotel, do not consider them universal/standard.
Chase seems to include all taxes and fees while Amex does not.
It might be possible to still get your stay to count towards status, however do not be surprised if it doesn’t.
While the programs seem to cost more than booking using points or booking direct, they both seem to offer more than enough value for what one pays.
Overall, the benefits and perks one can get are similar to having one of the highest statuses with some hotel chains without having to stay 50, 75 or 100 nights.
All in all, either of these programs can be great for those people who do not travel enough or won’t be getting mid-tier status via credit card. I can think of people who may want to use these programs when they want to splurge for a special occasion like a birthday getaway or an anniversary.