I am at all times on the lookout for methods to squeeze extra worth out of my travel credit cards whereas I am on the go. Final weekend, the Chase Sapphire Preferred® Card (see rates and fees) got here in clutch.
After attending an Atlanta Braves baseball sport with my household on Friday, I wished to increase my keep within the space by means of Sunday. Fortunately, the Sapphire Most well-liked’s $100 hotel credit (obtained every account anniversary 12 months) made that straightforward.
The Sapphire Most well-liked’s newly-doubled resort credit score now greater than offsets the card’s $95 annual fee by itself. And, it helped me pay simply $35 for an evening on the Atlanta Marriott Alpharetta. This is how I did it — and how one can, too.
How the Sapphire Most well-liked’s $100 resort credit score works
For those who had been acquainted with the outdated $50 resort credit score on the Sapphire Preferred, the revamped $100 credit score works equally.
You should use the credit score on resort bookings made by means of Chase Travel℠. The credit score can be utilized for a number of stays (there aren’t any month-to-month or biannual restrictions) and it renews each account anniversary. And you do not have to activate the credit score earlier than you utilize it.
Cardholders can test their progress by logging into their on-line account, deciding on the “Advantages & journey” menu and clicking “Advantages.” The web site has a advantages tracker that helps you handle your progress. You possibly can even see your distinctive renewal date.
Ensure you pay along with your eligible Sapphire Most well-liked if you wish to redeem this credit score. Assertion credit often submit inside three enterprise days, however Chase notes it could actually generally take as much as 4 weeks.
It is vital to notice that you just will not earn Chase Ultimate Rewards points on the portion of your reserving lined by the assertion credit score, however you’ll earn factors on any remaining value after the assertion credit score is utilized. Since my reserving was $135 whole, I earned factors on the remaining $35.
Associated: Why the Chase Sapphire Preferred is one of the best cards for everyday spending
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How I booked my $35 keep
After I began planning to increase my weekend in Atlanta, I logged into Chase Journey and began some searches. Since I would be spending most of my time with my household anyway, I wished to discover a resort that was practical and inexpensive so I might get probably the most mileage out of my $100 credit score.
I made a decision on the Atlanta Marriott Alpharetta, in a suburb to the north of the town. For $135 it was good for a Saturday night time keep. I would get $100 off (greater than offsetting my $95 annual charge on the Sapphire Preferred) and pay $35 out of pocket.
I even have the Chase Sapphire Reserve® (see rates and fees), so I needed to double-check that I used to be paying with my Sapphire Most well-liked.
After my keep on Saturday, I logged again into my Chase account to test if the assertion credit score had been posted. I discovered it within the “Rewards” part of the web site.
I knew I would not earn factors on the $100 assertion credit score, however I did earn 173 factors on the rest of the reserving. That is due to the Sapphire Most well-liked incomes 5 factors per greenback on Chase Journey purchases.
Associated: Value simplicity? Why the Chase Sapphire Preferred is now the only card you need
Methods to maximize the Sapphire Most well-liked’s resort credit score
For those who discover a resort inside the $100 to $150 vary, you’ll be able to maximize the credit score identical to I did and pay little or no out of pocket with the Sapphire Preferred.
As you navigate Chase Journey, keep watch over the full prices. Do not restrict your self to city-center properties; there are suburbs with good properties at decrease charges.
This Marriott in Alpharetta was 25 minutes from the place the Braves play, however the $35 price ticket made it effectively price it.
From luxurious villas to city-center inns and suburban spots like my Alpharetta Marriott, I feel Chase Journey has sufficient choices to make this credit score work in most markets.
And for a $95 annual charge, the Sapphire Most well-liked pays for itself in only one night time at sure properties.
Associated: After more than 16 years, why the Chase Sapphire Preferred should still be your first rewards card
Backside line
The Sapphire Most well-liked’s $100 resort credit score is likely one of the easiest bank card perks to make use of.
There is not any want for activation and no restrictions on timing; all it’s a must to do is e-book by means of Chase Journey and let the assertion credit score do the work. For a card with a $95 annual charge, one night time away can put you forward earlier than you’ve got used another profit.
Plus, the Sapphire Most well-liked is providing an impressive welcome bonus proper now: Earn 100,000 bonus factors after spending $5,000 on purchases within the first three months from account opening. For those who’ve been contemplating it, now is a superb time to use.
To study extra, learn our full review of the Sapphire Preferred.
Apply right here: Chase Sapphire Preferred Card
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