Thursday, July 18, 2019

Using your $300 Travel Credit on Sapphire Reserve



One of the nice perks that the Chase Sapphire Reserve offers is a $300 travel credit. The credit helps to offset the hefty $450 annual fee. I was just approved for this card a few months back and it has already offered me thousands of dollars in savings in flights, Global Entry, and the travel credit. I'll talk about the flights in a different post.  
Let's talk about the travel credit. If you login to your Chase credit card account, you will see the green circle on the right hand side that is keeping track of your travel credit. 




Now some cards like Barclays Arrival Plus and the Capital One Venture card, you need to manually erase travel charges. But with the Sapphire Reserve, Chase will automatically erase travel charges up to $300. You don't have to do anything. Kind of nice. 




You can see where Chase credited my account for the balance of the $300 travel credit. It will credit for part of a purchase so you don't have to worry about charging exactly $300. The benefit is exclusive to the Reserve card, but the Sapphire Preferred is a great card too if you are not up for the $450 annual fee. Check out my previous post comparing those two cards and looking at their current bonus offers. . 
We will continue to explore the benefits of this credit card. I have been waiting for years to drop under 5/24 so I could be approved for this card. If you are new to the points/miles game, Chase limits the number of cards you can be approved for to 5/24 or 5 cards in 24 months. That includes Chase cards and other bank cards. 


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