The Chase Sapphire Reserve® $300 travel credit: How it works
Quick insights
- The Chase Sapphire Reserve® credit card provides an annual $300 travel credit.
- The $300 credit is automatically applied as statement credits to reimburse cardmembers for qualifying travel purchases.
- Cardmembers don’t need to activate the credit or use specific travel booking sites for the credit to be applied.
The Chase Sapphire Reserve credit card is designed to support the lifestyles and passions of travelers. That’s why cardmembers receive an annual $300 travel credit, which can be used for a wide range of travel-related expenses. Regardless of your plans for your upcoming trip, it’s likely that certain expenses, such as flights, train tickets and highway tolls, can be reimbursed using the travel credit.
Let’s explore how the $300 travel credit with Chase Sapphire Reserve works.
Breaking down the Sapphire Reserve travel credit
The $300 travel credit is one of many travel rewards that come with the Chase Sapphire Reserve credit card. Cardmembers will automatically receive up to $300 in statement credits when they make eligible travel purchases. The credit renews on the account anniversary date each year.
Although the Chase Sapphire Reserve credit card comes with an annual fee, travelers might discover that the $300 credit and additional perks offer greater value than the cost of the fee.
How the $300 travel credit works
The travel credit can be applied to multiple eligible purchases. For example, if you spend $270 on airfare and then another $180 on a hotel stay, you’d receive a $270 statement credit for the airfare and a $30 statement credit for the hotel stay—totaling $300 in credits.
Additionally, you'll still receive the credit if you make an eligible purchase over $300. So, if you spend $500 to rent a car, you’d receive the full $300 statement credit as reimbursement. Visit our Resource Center if you have additional questions about how this credit is applied.
Any purchase that is categorized as travel on the card can be reimbursed through the credit. This includes more expenses than you might expect, such as train tickets, taxi fares, hotel room service and more. Purchases don’t need to be made through a specific travel booking site to qualify.
A statement credit may appear within a few days of an eligible purchase, but it can take up to 1-2 billing cycles before you see the credit on your monthly billing statement.
Cardmembers can track their travel credit usage over a 12-month period by logging into their Chase account and viewing their card benefits.
More Chase Sapphire Reserve travel rewards
The travel credit isn’t the only reason you may want to consider the Chase Sapphire Reserve credit card. The card offers a variety of travel-friendly rewards, including:
- 8x points on eligible purchases made through Chase TravelSM
- 4x on hotels and flights booked direct
- 3x points on dining at restaurants, including eligible delivery services, takeout and dining out
- 1 point on all other eligible purchases
Discover even more opportunities to earn rewards—such as credits for shopping, dining and travel—through the Sapphire Reserve credit card.
In summary
The Chase Sapphire Reserve credit card provides a range of travel rewards, including an annual $300 travel credit. This credit is automatically awarded to cardmembers in the form of statement credits as reimbursement for qualifying travel purchases.
There’s no need to activate the credit or make purchases through specific travel booking sites. The $300 credit can be applied across multiple qualifying purchases, and resets on the anniversary of the account opening.
