How to use the $50 hotel credit on the Chase Sapphire Preferred
That said, there’s still value to be found with booking through the Ultimate Rewards portal, as you can use it to book boutique or independent hotels that don’t have a loyalty program anyway. Statement credit(s) will post to your account within two days after your purchase posts to your account and will appear on your monthly credit card billing statement within 1-2 billing cycles.īe warned that when you book your hotel stay through the Ultimate Rewards portal, you likely won’t earn any hotel points or elite night credits, nor enjoy any elite perks you might be entitled to when booking directly with a hotel group. Annually, the first $50 in Ultimate Rewards hotel purchases will not earn rewards points. Annual means the year beginning with your account open date through the first statement date after your account anniversary, and the 12 monthly billing cycles after that each year. $50 Annual Ultimate Rewards Hotel Credit: A statement credit will automatically be applied to your account when your card is used for hotel accommodation purchases made through the Ultimate Rewards program, up to an annual maximum accumulation of $50. You must specifically make your reservation through the Chase Ultimate Rewards portal. With this benefit, it’s not a $50 statement credit for any hotel that you book and pay for with your card. You must book with the Ultimate Rewards portal Since I needed to find a hotel anyway for a one-night stay in Madrid, this was the perfect time to use the credit. However, if you opened the Sapphire Preferred before this date, the $50 hotel credit won’t hit your account until after your next account anniversary (and you’ve paid the annual fee).įortunately, it’s been exactly a year since I opened my Chase Sapphire Preferred, so I was excited to test out this credit as soon as possible. 16 will have access to this $50 hotel credit right off the bat. Depending on when you opened your Sapphire Preferred, you may not have access to your $50 hotel credit just yet.Īny new cardholders that have opened their card since Aug. However, the same doesn’t hold true for this new hotel credit. Since then, all cardholders have been enjoying the new category bonuses on select streaming services and online groceries. These new Sapphire changes went into effect on Aug. You may or may not have access to the credit just yet Baja Mar Hotel in the Bahamas.
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