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What this credit is
Up to $250 per prepaid Edit booking, 2-night min; $500 max per calendar year
This credit is worth $500 per year.
Set against the card’s $795 annual fee, using this one credit in full covers 63% of it.
How the annual reset works
It resets once a year. One window — but read carefully whether it follows the calendar year or your cardmember anniversary year. Getting that wrong is the single most common way an annual credit expires unused.
Cardful tracks this credit to the cent, shows how much of the current year is still unclaimed, and reminds you before the window closes — which is the whole reason the app exists.
Where people lose this one
- Prepaid bookings only. Pay-at-property reservations will not trigger it, which is the most common way this one is missed.
- Minimum stay of 2 nights. Shorter bookings do not qualify.
The rest of the Chase Sapphire Reserve credits
- Travel Credit — $300 annual
- Select Hotels Credit (2026) — $250 one time
- Exclusive Tables Dining Credit — $150 semiannual
- StubHub / Viagogo Credit — $150 semiannual
- Global Entry / TSA PreCheck credit — $120 one time
- DoorDash Credit — $25 monthly
- Peloton Credit — $10 monthly
- Lyft Credit — $10 monthly
See the full Chase Sapphire Reserve breakdown →
Related reading
- Travel perks and card insurance, explained
- Is the annual fee worth it?
- How statement credits really work
- The money you leave on the table
Terms last verified against the issuer’s published page on . Card terms change without notice — always confirm on the issuer’s site before applying.