How to Use Chase Sapphire Preferred Credit Card’s $50 Hotel Credit Benefit? 
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On August 15, 2021, Chase added a $50 hotel credit benefit to the Chase Sapphire Preferred Credit Card. The benefit resets every account anniversary, and you can use the benefit for any hotel accommodation purchased through the Chase Ultimate Rewards Travel site.
Chase Sapphire Preferred Credit Card is one of my favorite travel rewards credit cards with a low annual fee of $95. Factoring in the annual $50 hotel credit benefit drops the card’s annual fee to just $45. That is incredible, considering other valuable travel benefits of this credit card.
How the Chase Sapphire Preferred $50 Hotel Credit Benefit Works
The $50 hotel credit is good per your card membership year, not the calendar year:
If you applied and approved for the card, you can use the $50 hotel credit benefit immediately.
The Chase system makes it easy to know when you can use the $50 hotel credit benefit. See below under When Are You Eligible For Chase Sapphire Preferred $50 Hotel Credit?
You can only use the credit once per card membership year. So you use it or lose it!
You don’t have to spend $50 at once, and the credit is good up to a maximum annual accumulation of $50, including taxes and fees. In other words, if your booking is less than $50, you’ll receive a statement credit in that amount and have credit left over for your next hotel booking through Chase.
You can use the credit for hotel reservations made through the Chase Ultimate Rewards Travel site. There’s no minimum stay requirement.
You must book through Chase Ultimate Rewards Travel. So you won’t earn points or elite night credits through your favorite hotel loyalty programs.
You receive the credit as a statement credit that will automatically be applied to your account.
When Are You Eligible For Chase Sapphire Preferred $50 Hotel Credit?
If you opened Chase Sapphire Preferred Credit Card and are approved, you can use the $50 hotel credit benefit immediately after you receive the card.
For those that are not sure when the hotel credit benefit applies to your account, follow the instruction below:
Chase Sapphire Preferred Credit Card’s $50 Hotel Credit
Chase Sapphire Preferred Hotel Credit Not Showing Up
First, the process to receive the Chase Sapphire Preferred hotel credit is automatic and within a few days after an eligible purchase is posted to your account. You do not need to contact Chase.
However, if, for some reason, your Chase Sapphire Preferred hotel credit is not showing up, consider doing the following:
Ensure your purchase is eligible through the Chase Ultimate Rewards Travel.
Your Chase Sapphire Preferred account has the charge posted.
Wait a few days after the charge is posted to see if the credit is posted, if not:
Ensure your Chase Sapphire Preferred account has not used the $50 hotel credit during the card membership year. To do so, read the section in this post: When Are You Eligible For Chase Sapphire Preferred $50 Hotel Credit? It will clearly state whether or not you have the $50 hotel credit to use.
Contact Chase via secured message or call as the last resort so that they can manually review the issue.
Is Chase Sapphire Preferred $50 Hotel Credit Worth It?
The Chase Sapphire Preferred Credit Card is already a low $95 annual fee credit card that offers nice travel rewards and benefits, including dining. Now that Chase added an annual $50 hotel credit benefit to this credit card, it makes a big difference as it lowers its annual fee to just $45.
When the internal Chase document showed, new benefits were being added to the Chase Sapphire Preferred Credit Card, the miles and points community predicted that the card’s annual fee may increase. But that did not happen, and it’s unknown whether Chase will raise the card’s annual fee or not in the future. Therefore, if you want this credit card, you should consider getting it to lock in the high sign-up bonus points offered with the current $95 annual fee and immediately receive the $50 hotel credit benefit. This particular Chase credit card has much going on regarding travel rewards and benefits. See the highlights of the card below.
$50 hotel credit per year is not a lot, so personally, I would aim to use the credit for hotel accommodation that does not have loyalty programs. From time to time, I may be traveling to a location where I cannot redeem points for hotel stays; that’s when I tend to look for other hotels and don’t care much about earning points or elite night credits. It really comes down to how much I can save in that situation!
Furthermore, it is important to note that while Chase offers you a $50 hotel credit to book directly through their Chase Ultimate Rewards Travel site, the available rate is not always the cheapest and the best. Therefore, I always recommend that you search and compare to see which booking website gives you the best rate to cut down on your total savings!
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