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If you’re not using every perk on your credit card, you’re leaving money on the table. And the $50 annual hotel statement credit on the Chase Sapphire Preferred\u00ae Card<\/a> (see rates and fees<\/a>) for reservations booked through Chase Travel\u2120<\/a> is one you shouldn’t sleep on.<\/p>\n It may not be the flashiest perk to exist, but this benefit essentially knocks down the $95 annual fee to just $45. That’s a solid win for a card that’s packed with benefits.<\/p>\n At TPG, it’s no secret<\/a> we think the Sapphire Preferred is one of the best travel credit cards<\/a>. If it’s not already in your wallet, now is the time to strongly consider it, thanks to the highest offer we’ve seen in four years.<\/p>\n Limited-time offer: Earn 100,000 bonus points with the Chase Sapphire Preferred<\/a> after spending $5,000 on purchases within the first three months of account opening.<\/strong><\/p>\n Here’s how you can take advantage of this benefit with a quick one-night getaway.<\/p>\n Booking a hotel through Chase Travel to unlock the $50 statement credit is relatively easy.<\/p>\n First, log in to your Chase account on your device.<\/p>\n If you’re using a desktop, select “Travel” on the right-hand side of your screen. On the mobile app, select “Benefits & travel” on the bottom menu bar and then the “Book travel” icon on the next screen.<\/p>\n Once you’re in the Chase Travel portal, check the drop-down feature on the top right-hand corner (desktop) or at the top (mobile app) to make sure your Sapphire Preferred<\/a> is the card selected.<\/p>\n Daily Newsletter<\/p>\n Reward your inbox with the TPG Daily newsletter<\/p>\n Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG\u2019s experts<\/p>\n
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\nHow to use the $50 annual hotel credit on the Chase Sapphire Preferred<\/h2>\n