The Chase Sapphire Preferred® Card (see rates and fees) and the Chase Sapphire Reserve® (see rates and fees) are two of our all-time favorite travel rewards credit cards.

Both cards are great for those looking to earn valuable Chase Ultimate Rewards points, but that's where the overlap ends. The Sapphire Preferred is a popular mid-tier travel card but lacks many of the premium perks offered by its big sibling, the Sapphire Reserve.

The Sapphire Reserve has a $795 annual fee, $700 more than the $95 annual fee of the Sapphire Preferred. With the recent Sapphire Reserve refresh, you can now hold both cards at once, but just because you can doesn't mean you should.

A great solo travel tip spotted this week on The Points Guy Articles.

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