How to Use the Chase Sapphire Preferred $50 Hotel Credit

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Chase recently announced positive changes to the Chase Sapphire Preferred® Card and Chase Sapphire Reserve® cards – with no increase to either card’s annual fee. 

For the Chase Sapphire Preferred® Card, updates include boosted points earning, a 10% account anniversary bonus, and up to $50 hotel credit annually for hotels booked through the Chase travel portal. 

Cardholders now earn 5x Chase Ultimate Rewards points for travel booked through Chase, 3x points on dining (including eligible takeout and delivery services), 3x points on select streaming services, 3x points on online grocery purchases (excluding Target, Walmart, and wholesale clubs), 2x points on all other travel, and 1x on all other purchases.

Read more: What purchases count as travel, dining, streaming, and grocery delivery with the new Chase Sapphire bonus categories?

While most of the updates are straightforward, the one added benefit with some nuance is the $50 hotel credit. While the credit is available for new cardholders starting right away, it doesn’t kick in for existing cardholders until their next account anniversary date. 

How the Chase Sapphire Preferred $50 hotel credit works

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  • Pros
    • High sign-up bonus starts you off with lots of points
    • Strong travel coverage
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    • Our best offer ever! Earn 100,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $1,250 when you redeem through Chase Ultimate Rewards®.
    • Enjoy new benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all other travel purchases, plus more.
    • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 100,000 points are worth $1,250 toward travel.
    • With Pay Yourself Back(SM), your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
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    To take advantage of the Chase Sapphire Preferred® Card’s $50 hotel credit, you’ll need to book a hotel stay through the Chase Ultimate Rewards travel portal.

    Read more: How to use the Chase Travel Portal to book flights, hotels, rental cars and more — and get the most from your points

    Begin by logging in at, then, select your Chase Sapphire Preferred® Card from the login screen, if applicable, then click the “Travel” menu. Select the “Hotels” tab, and from there, you can book a stay at any hotel that’s available. 

    A screenshot of the hotel booking search screen on the Chase Ultimate Rewards Travel Portal, showing fields for city, travel dates, and number of guests.

    Find the hotel booking screen on the Chase Ultimate Rewards Travel Portal to book an eligible stay.


    There’s usually a selection of chain, independent, and boutique hotels to choose from, and as long as you pay with your Chase Sapphire Preferred® Card, you’ll receive a statement credit for up to $50 toward your booking within a couple of days of the transaction.

    If your booking costs less than $50, you’ll receive a credit in the amount of the purchase and have credit left over for your next hotel stay. For example, if your hotel costs $40, you’d receive a $40 statement credit and have $10 in credit left over to apply to your next Chase Travel hotel purchase.

    Read more: Chase Sapphire Preferred card review

    The annual hotel credit resets each year on your cardmember anniversary. If you can use the $50 annual hotel credit, the net annual fee drops to just $45 ( $95 annual fee – $50 hotel credit). Considering the card’s other perks, including the enhanced bonus categories and primary rental car insurance, that makes it one of the best Chase cards. 

    Keep in mind, the annual hotel credit is “use it or lose it.” It doesn’t roll over, so you can’t save it for a long or more expensive hotel stay.  

    How to maximize the Chase Sapphire Preferred hotel credit

    If you opened the Chase Sapphire Preferred® Card on or after August 16, 2021, you can use the $50 annual hotel credit as soon as you open your account. However, existing cardholders won’t get to use the credit until their next account anniversary. 

    The best way to use the hotel credit would be for an inexpensive stay that’s as close to $50 as possible. That could be handy for one-night stays such as an airport hotel before an early flight, or to take a break during a long road trip. 

    Read more: I haven’t paid for a hotel room in 10 years — here’s how I stay for free

    Keep in mind, when you book through a third-party booking website like the Chase travel portal, you usually won’t have your elite status recognized or earn bonus points and tier credit toward the hotel’s loyalty program. If that’s important to you, you could book one night through Chase and book the others directly through the hotel’s website. Or you could use the credit at an independent hotel that doesn’t have a rewards program. 

    Also note that while you’ll receive 5 Chase Ultimate Rewards points per dollar spent on all travel booked through the Chase, you won’t earn any points for the $50 portion that’s credited back to your account. 

    Other Sapphire Preferred updates

    Effective August 16, 2021, these benefits also kicked in: 

    • 5x points on all travel purchased through Chase Ultimate Rewards (except hotel purchases that qualify for the $50 hotel credit)
    • 3x points on dining, including eligible delivery services, takeout, and dining out (previously 2x)
    • 3x points on select streaming services
    • 3x points on online grocery purchases (excluding Target, Walmart, and wholesale clubs)
    • 10% anniversary point bonus equal to 10% of all purchases made in the previous year

    Other eligible travel purchases will continue to earn 2x points, and all other purchases will earn 1 point per dollar.

    Read more: The Chase Sapphire Preferred and Sapphire Reserve are adding lucrative new bonus categories and benefits — with no change in annual fees

    Bottom line

    These Chase Sapphire Preferred® Card changes add a lot of potential value to the card, and bring it into alignment with other Chase Ultimate Rewards cards.

    The only Chase card with a hotel credit is the Chase Sapphire Preferred® Card, which now offers up to $50 annually on hotel purchases made through the Chase Travel Portal.

    If you can use it, this credit brings the net annual fee down to just $45. And with a wide selection of hotels available through the Chase travel portal, that should be easy for many cardholders.

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