Annual Ultimate Rewards Hotel Credit is a great way to maximize the value of your loyalty program. If you’re a frequent traveler, this travel benefit can be a powerful way to save money on hotel stays. This benefit essentially brings you one step closer to making the most out of your loyalty program. It's always a good idea to take advantage of these benefits if you can.
The annual credit works by offering an amount that you can use towards your hotel stay at participating hotels. Depending on the particular loyalty program, this could range from $25 up to $500 or more. Not only does this allow you to save money on your stay, it also allows you to focus on enjoying yourself while away from home.
The best part about taking advantage of annual ultimate rewards hotel credit is that it means less time and money spent on planning your vacation and more time and money spent enjoying it! With careful planning and research, you can get even more bang for your buck with loyalty programs and maximize the value of your annual ultimate rewards hotel credit.
What is the Chase Sapphire Preferred® Card $50 hotel credit?
In 2021, Chase revealed their annual Ultimate Rewards Hotel Credit for the Sapphire Cards. The Chase Sapphire Preferred® Card offers a $50 hotel credit to cardholders when they make hotel bookings with the card. This credit will be automatically applied to a cardholder's annual statement credits and is available on travel purchases like hotels booked, flights, train tickets, and other travel-related expenses.
The $50 hotel credit makes it easier than ever to stay in luxury when booking a hotel room for a vacation, business trip or even someones wedding directly through the hotels website. With this credit, Chase Sapphire Preferred® Cardholders receive the credit immediately after completing their purchase. This means that instead of waiting for a refund at the end of the year for any eligible purchases made using the card, they will get the $50 credited to their account immediately.
For those looking for an even greater hotel experience, Chase offers its Sapphire Reserve version of the card that provides additional value with double points on dining and travel spending including flights, hotels and car rentals. Both cards provide incredible value when it comes to planning your next big trip; so take advantage of these perks each year!
How do you redeem the Sapphire Preferred $50 hotel credit?
The Chase Ultimate Rewards travel portal is a great way to redeem the Sapphire Preferred $50 hotel credit. Once you're logged in, simply go to the travel section and use the travel search tool. Then select the Expedia Select Hotels tab and click search. On the results page, you'll be able to see a variety of price, location and hotel star rating options.
Once you've gone through the booking process and made your reservation, you won't receive your statement credit right away, but you'll automatically receive it once Chase Sapphire Preferred recognizes that your transaction has been completed. The statement credit should appear on your next billing cycle after booking.
Redeeming the Chase Sapphire Preferred annual ultimate rewards hotel credit is quick and easy - just follow these steps! With its variety of options, reasonable prices and convenient booking process make this an attractive choice for those seeking a great deal on travel accommodations.
Unlock a Hotel Credit with the Chase Sapphire Preferred Card
The Chase Sapphire Preferred Card offers an extra nice perk for travelers—an annual ultimate rewards hotel credit. This means that cardholders can unlock a hotel credit each year with their card charges.
This credit can be used to pursue elite status or to save money on stays at boutique hotels, providing cardholders with additional savings they’d receive beyond the points earned from using the Chase Sapphire Preferred Card. This annual credit is just one of many advantages that make this card so attractive to travelers.
How to maximize your rewards
If you're looking for a way to maximize your rewards when it comes to annual ultimate rewards hotel credit, consider getting a travel credit card that prioritizes what's important to you. With many travel credit cards, you can enjoy flexible point transfers, bonus travel rewards and even luxury perks. The American Express Venture Rewards Credit Card is one such example, offering flat-rate travel rewards and no annual fee from Bank of America until 2023 including capital one venture rewards. These features make it an excellent choice for maximizing your ultimate rewards hotel credit while also taking advantage of other benefits such as bonus points, higher sign-up bonuses and more.
What is the New Chase Sapphire Preferred $50 Hotel Credit?
The Chase Sapphire Preferred Card has just announced a new $50 hotel credit for existing cardholders starting mid-August 2021. This annual Ultimate Rewards hotel credit is available to eligible account members each calendar year, and is automatically applied as a statement credit when using the Chase Ultimate Rewards travel portal with any Chase Sapphire Preferred Card.
All you have to do is make a minimum spend of $1,000 within three months of opening your account and the statement credit kicks in once you complete your stay requirement. An important note for existing Chase Sapphire Preferred Cardholders: if your renewal date falls between August 16, 2021 and June 2022, you won't receive this bonus until your card renews and you get the 60000-point bonus.
This bonus alone makes the Chase Sapphire Preferred Card one of the most attractive credit cards offering benefits for travelers seeking a great value from their hotel stays. If you already have the card or plan on signing up soon, take advantage of this offer before it expires in June 2022!
Gaining Value From the Sapphire Preferred Hotel Credit
The Chase Sapphire Preferred card comes with an annual ultimate rewards hotel credit, which can be a great way to gain value from your card. Here we discuss the main downsides of this benefit and how to take advantage of it.
When you book through the Chase Travel Portal, you won't get the same points or elite benefits as if you booked directly with a hotel chain. Therefore, if you're staying in a major chain hotel and looking for loyalty program memberships, AAA memberships, seniors discounts or other perks, booking directly may be better. However, if you use the Chase Travel Portal to book your stay, you will usually find competitive pricing that is lower than what is available when booking directly. In some cases, you'll even find that the cost through the portal is cheaper than booking through an online travel agency.
When using your Sapphire Preferred Hotel Credit for an independent hotel or a chain where you generally won't earn points or receive elite benefits for your stay, it's worth forgoing those perks and using the credit to save money on room rates. This gives you an opportunity cost savings and ensures that the room rate will still be lower compared to other online prices. For example, at a Hyatt Place one-night stay I recently calculated was $100 less when booked through the Chase Travel Portal rather than booking directly with Hyatt. Gaining value from your Sapphire Preferred Hotel Credit is definitely worth forgoing points and elite benefits in certain cases.
Unlock the Benefits of Chase Sapphire Preferred Hotel Credit
Chase Sapphire Preferred Hotel Credit is a great way to unlock the benefits of booking a hotel stay. With this option, you can simply log into your online Chase Account and access the Ultimate Rewards section to get started. Once in the Travel section, you can navigate directly to the Chase Travel Portal where bookings made will generally yield higher rewards points than cash.
To begin the booking process, simply select Hotels from the tab highlighted at the top of the Chase Travel Portal page. Once there, you can enter your stay details and check-in date before continuing with your hotel booking. After completing the booking process, select ‘Pay with Points’ when given the option during checkout and make sure to save your cash for other purchases. This will ensure that your Chase Ultimate Rewards Points are used instead of cash for your purchase and will show up as a credit on your Chase statement once it hits.
By using the Sapphire Preferred Hotel Credit, you can earn back 10% of all purchases made through this method once they hit your statement so that you can enjoy more of what life has to offer without having to worry about them eating away at your cash balance. Booking with this credit option is an easy way to save money while enjoying a great vacation experience!
Frequently Asked Questions
What is the Chase Sapphire preferred $50 annual credit?
The Chase Sapphire Preferred card offers a $50 annual credit that can be used to cover travel purchases such as airfare and hotels. With this credit, you can get money back on your trips - making it easier and more affordable to explore the world.
Is the Chase Sapphire preferred worth the annual fee?
Yes - the Chase Sapphire Preferred Card is well worth its $95 annual fee, as it offers an excellent rewards program, valuable travel and purchase protections, and access to exclusive benefits. Learn more about the card's benefits and compare it to other cards here.
How much is the Chase Hotel credit?
The Chase Hotel credit amount varies depending on the hotel and your stay. To learn more about specific offers, please contact our reservations team or visit our website.
Is Chase Sapphire Reserve in ultimate rewards?
Yes, the Chase Sapphire Reserve is part of the Ultimate Rewards program. Enjoy rewards points for travel and more when you use your card. Learn more about the Ultimate Rewards benefits today!
How do I make hotel bookings with ultimate rewards?
To make hotel bookings with Ultimate Rewards, simply go to the website, enter your desired destination and dates, and start browsing from hundreds of hotel options. You can also check out their exclusive offers for even more savings!