CreditDonkey is a credit card comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

March 18, 2018

Chase Sapphire Reserve: Travel Credit

Editorial Note: This content is not provided by the card issuer. Opinions expressed here are author's alone, not those of the issuer, and have not been reviewed, approved or otherwise endorsed by the issuer.
This article contains references to products from our partners. We receive compensation if you apply or shop through links in our content. You help support CreditDonkey by reading our website and using our links. (read more)

The $300 annual travel credit is one of the best Chase Sapphire Reserve benefits. Learn what purchases count as travel, how to redeem the credit, and when it resets.

Chase Sapphire Reserve
Apply for Chase Sapphire Reserve
Chase Sapphire Reserve has established itself among the top-tier travel credit cards, with a 50,000 point bonus, long list of travel perks and benefits, and selection of airline and hotel transfer partners. The card's many perks and benefits can help to balance out its $450 annual fee, with $300 in annual travel credits doing most of the heavy lifting.

See Current Offer >>

For frequent travelers who are likely to use their travel credits in full each year, this perk can effectively offset the annual fee. To start now, visit Chase Sapphire Reserve.

Cardholders can also sign up for the Reserve's other cost-saving perks - such as Priority Pass membership and credit towards the TSA Pre or Global Entry application fee - to get the most of the $450 annual fee.

Is the $450 too much? Compare Chase Sapphire Preferred and Reserve to see which credit card should you apply for.

So how do you know if you'll be able to take advantage of those $300 annual travel credits, and how do you redeem them? Read on for details.

Shortcut: If you want a card with flexible travel credits (even for Uber/Lyft and parking purchases), see Chase Sapphire Reserve's latest promotion.

What purchases are eligible for travel credits?

Luckily, when compared to other credit cards that issue travel credits, Chase is liberal in what it considers to be a travel purchase.

AMEX Platinum Card (from American Express, a CreditDonkey partner) offers up to $200 annually in statement credits against incidentals with one selected airline (cardholder must designate their airline in advance). Plus, it has a $550 annual fee (See Rates & Fees).

With Chase Sapphire Reserve, your $300 in travel credits can be redeemed against the cost of your tickets, fees, and upgrades with any airline (although in-flight purchases are not covered), whether they're charged by you or by an authorized user.

$300 Automatic Annual Travel Credit

Outside of flying, the Reserve's travel credits cover a wide range of transportation and hospitality options:

Merchants in the travel category include airlines, hotels, motels, timeshares, car rental agencies, cruise lines, travel agencies, discount travel sites, campgrounds and operators of passenger trains, buses, taxis, limousines, ferries, toll bridges and highways, and parking lots and garages.

Please note that some merchants that provide transportation and travel-related services are not included in this category; for example, real estate agents, in-flight goods and services, on-board cruise line goods and services, sightseeing activities, excursions, tourist attractions, merchants within hotels and airports, and merchants that rent vehicles for the purpose of hauling. In addition, the purchasing of points or miles does not qualify in this category.

(Source: Chase Rewards Category FAQ's)

Tip: When Chase says that hotels and taxis are included in this category, they're being generous; with Chase, Airbnb stays and Uber rides also fall under the travel category.

Tip: When you charge a rental car to your Sapphire Reserve, you'll earn points on the purchase and save on insurance with the rental company by taking advantage of the Reserve's primary collision insurance for eligible rental cars. Coverage applies to most auto rentals, but check the fine print for exceptions.

Will I still earn points on travel purchases?

No. You do not earn points on purchases that qualify for the $300 annual travel credit. You will earn 3 points for each $1 spent after the first $300 on purchases in the travel category annually.

How do I redeem travel credits?

© CreditDonkey

Travel credits are issued at the beginning of each cardmember year for applications submitted on or after May 21, 2017.

Once Chase issues them, your travel credits will automatically be applied to your account as you charge eligible purchases. You won't need to call in or file a request to redeem credits.

If you purchase a large travel item over $300, you will be credited $300 at once. If you purchase small travel expenses (like parking garages and Uber rides), they will be credited as you make the purchases, until you reach $300.

How Do I Track My Travel Credits?

Keeping track of how many travel credits you've used is easy by logging into your card account. Go to your Ultimate Rewards dashboard. On the right hand side, you will see your travel credit activity.

You'll see how much of it you've used so far, as well as when the next travel credit will begin.

How Soon Does the Credit Post?

The credit posts immediately after the travel purchase posts to your account. You will see a credit for it right away on the same statement. You do not need to wait for the credit to post.

What about authorized users?

All travel purchases made by you and by your account's authorized users are eligible. Keep in mind that authorized users won't get their own $300 in travel credit - you'll be drawing from the same pool of travel credit.

Adding an authorized user to your Sapphire Reserve account costs $75 per year per authorized user.

Bottom Line

The Chase Sapphire Reserve $300 Travel Credit is a great benefit.

Tip: Consider pooling Chase Sapphire Reserve rewards with the Chase Freedom Unlimited and Chase Ink Business Preferred to maximize your credit card point earning potential.

Next Step: View the issuer's official application, terms, and details

Editorial Note: This content is not provided by Chase. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Chase. This site may be compensated through the Advertiser's affiliate programs.

Disclaimer: This content was first published on March 18, 2018. Information including APR, terms and benefits may vary, be out of date, or not applicable to you. Information is provided without warranty. Please check Chase website for updated information.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. This site may be compensated through the Advertiser's affiliate programs.

For rates and fees of the American Express Platinum card, please click here.

More from CreditDonkey:

Chase Sapphire Reserve Review

Priority Pass

Chase Ultimate Rewards Review

More Articles in Reviews

Chase Sapphire Reserve
Apply for Chase Sapphire Reserve
At Chase's Secure Site
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • Named "Best Premium Travel Credit Card" for 2018 by MONEY® Magazine
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year
  • 3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants & 1 point per $1 spent on all other purchases. $0 foreign transaction fees.
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards. For example, 50,000 points are worth $750 toward travel
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,000+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select
  • Up to $100 application fee credit for Global Entry or TSA Pre✓®
  • Go to issuer's official application, terms, and details
Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
18.49% - 25.49% Variable

Compare Chase Sapphire Reserve to:

Compare Chase Sapphire Reserve vs Chase Sapphire Preferred

Chase Sapphire Preferred® Card

Compare Chase Sapphire Reserve vs American Express Platinum

The Platinum Card® from American Express

Compare Chase Sapphire Reserve vs American Express Gold

American Express® Gold Card

Chase Sapphire Preferred Review

Travel credit cards are a smart way to earn flights and hotel stays. Our favorite is the Chase Sapphire Preferred® Card because of its bonus point offer and premium travel benefits. Read on to see if the annual fee is worth it for you.

    Beginner's Guide to Airline Miles and Points

    New to airline miles? Learn how it works and how to earn a ton of miles fast through credit cards. Before long, you'll be redeeming miles for free flights and hotel rooms.

    Study: Credit Cards for International Travel

    The best credit cards for international travel have no foreign transaction fees, chip technology and worldwide acceptance. But what's the right travel card for you?

    Airline Rewards

    The best airline credit card racks up miles fast with reasonable fees and amazing rewards.

    Credit Card Bonus Offers

    Looking for a new credit card? Earn extra cash, reward points, and airline miles with these bonus offers for new customers.

    No Foreign Transaction Fee Credit Cards

    Most credit cards tack on a 3% charge, or foreign transaction fee, on purchases made outside the United States. If you travel internationally with a no foreign transaction fee credit card, you'll save money on your purchases.
    The Centurion Lounge

    Credit Cards with Airport Lounge Access

    No one likes waiting for their flight to board. Uncomfortable chairs, crowded terminals, overpriced dining options, dying phone with no outlet for charging... you get the point.

    Priceline Flights: What You Need to Know

    Is Priceline good for flights and hotels? Keep reading to find out how the app's Name Your Own Price and Express Deals could save you money.

    JetBlue Baggage Fees

    JetBlue offers straightforward pricing and baggage policies. Here's what you need to know for your next trip.

    Hotwire: What You Need to Know

    Hotwire is the best site for discounts on hotels, flights, and car rentals. Read this to learn how to save money on your next trip.

    American Airlines Baggage Fees

    Planning travel with American Airlines? Learn the luggage fees before you take off to avoid unpleasant surprises. We breakdown how much you'll pay and the best ways to save.

    How Much Are Airline Miles Worth

    You use airline miles to purchase flights and other travel perks. But what are they really worth? Read on for the answer, plus the best way to use airline miles on your next trip.

    Chase Refer a Friend: How Referrals Work

    Earn Chase points fast by referring your friends and family members. You can earn up to 100,000 extra points with little work. Read on.

    Chase Sapphire Travel Insurance Benefits Review

    Is travel insurance on the Chase Sapphire cards good enough? Here's what's covered and how it compares to other policies.

    TSA PreCheck: Beginner's Guide

    TSA PreCheck can get you through airport security in about 5 minutes. See if you qualify and what to expect when you apply.

    Chase 5/24 Rule: What You Need to Know

    Applying for a new Chase card? Not so fast. The 5/24 rule can make you ineligible. Learn what the Chase 5/24 rule is and which credit cards are impacted.

    Best Chase Ultimate Rewards Transfer Partners

    Find the best way to use each Chase transfer partner. Read this to maximize the value of your Ultimate Rewards points.

    Which Chase Sapphire Has No Foreign Transaction Fee?

    Chase Sapphire Preferred and Reserve are great for travel as they both have no foreign transaction fees. But there are some differences you need to know. Read on before you take off.

    Southwest Airlines Early Bird Check-In Worth It?

    Unlike other airlines, Southwest uses a first-come, first-serve basis for getting a seat. That means Southwest passengers can't choose their seat ahead of time.

    Southwest Baggage Fees

    Southwest prides itself on providing customers lots of extras without the extra costs. Here's what you need to know for your next flight on Southwest.

    United Baggage Fees

    It's hard to keep up with all the changes around baggage fees. Here's all you need to know about United's baggage fees.
More Articles in Reviews

Learn more about Travel, Airline and Hotel cards:

Credit Cards for International Travel

Airline Miles for Beginners


About CreditDonkey®
CreditDonkey is a credit card comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.