The Chase Sapphire Preferred card is one of the most popular consumer credit cards on the market. With its valuable rewards program and added benefits, it’s no wonder why it’s a favorite among many travelers and credit card enthusiasts. One of the new benefits that Chase added to the card is the $50 Chase hotel credit. In this article, we’ll take a closer look at this benefit and how you can maximize its value.
First, let’s talk about the basic details of the Chase Sapphire Preferred card. The card offers a welcome bonus of 60,000 Ultimate Rewards points after you spend $4,000 in the first 3 months of card membership. These points can be redeemed for a minimum value of $750 when you use Chase’s portal for travel bookings. In addition to the welcome bonus, the card also offers generous rewards on everyday spending. You’ll earn 5x points on travel booked through Chase’s travel website, 3x points on streaming services, select online grocery purchases, and dining/takeout/food delivery services, 2x points on all other travel purchases, and 1x point on all other purchases.
Now, let’s dive into the details of the $50 Chase hotel credit. This benefit is automatically activated as soon as your new membership year starts. You don’t need to take any additional steps to activate it. However, it’s important to note that the credit can only be used for hotel bookings made through Chase’s Ultimate Rewards portal. You won’t be eligible for the credit if you book directly with the hotel or through any other travel booking platform.
In my experience, the credit usually posts to your account the next business day after you make a qualifying purchase. However, it may take up to 2-3 days at most. This quick turnaround time is a great perk because you can use the credit for future stays or even apply it towards your current hotel bill.
Another important point to mention is that the $50 credit applies to both cash bookings and points + cash bookings. So, if you choose to use a combination of points and cash for your hotel booking, you’ll still receive the credit. This is a great way to maximize the value of your points while enjoying the added benefit of the credit.
The $50 Chase hotel credit is available each anniversary year after you renew your card and pay the annual fee. This means that you can take advantage of this benefit every year as long as you continue to hold the Chase Sapphire Preferred card.
Overall, the $50 Chase hotel credit is a fantastic additional benefit of the Chase Sapphire Preferred card. It adds even more value to an already valuable rewards program. Whether you’re a frequent traveler or someone who enjoys an occasional hotel stay, this benefit can help offset the cost of your accommodations. Plus, with the card’s other rewards categories, you can continue to earn points on your everyday spending.
So, how do you utilize the $50 Chase hotel credit with the Sapphire Preferred credit card? It’s simple. Just make sure to book your hotel stays through Chase’s Ultimate Rewards portal and enjoy the credit on your next trip. Whether you’re planning a weekend getaway or a longer vacation, this benefit can make a significant difference in your overall travel expenses.
In conclusion, the Chase Sapphire Preferred card is a top choice for many credit card enthusiasts. The $50 Chase hotel credit is just one of the many benefits that make this card so appealing. With its valuable rewards program and added perks, it’s no wonder why it continues to be a favorite among travelers. So, if you’re looking for a card that offers great rewards and additional benefits, the Chase Sapphire Preferred card is definitely worth considering.