How Does the Chase Sapphire Reserve $300 Travel Credit Work?


chase sapphire reserve
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Last week I wrote about a brand new credit card with an awesome sign up bonus called the Chase Sapphire Reserve card. While I have detailed out many of the benefits of the card in that prior post, I really wanted to highlight probably the most lucrative perk of the card, the $300 travel credit.

What Exactly is the $300 Travel Credit?

As a regular benefit of this card, every calendar year you’ll receive a statement credit up to $300 towards travel purchases. Travel purchases is ANYTHING coded as “travel” on your Chase statement. This includes airfare, hotels, taxis, trains, subways, parking, tolls, airbnb, etc. As long as you pay for your purchase with your Chase Sapphire Reserve card, you will automatically be credited. You do not even need to call Chase to receive the credit!

Chase specifically says the following are included in the travel credit: “Merchants in the travel category include airlines, hotels, motels, timeshares, campgrounds, car rental agencies, cruise lines, travel agencies, discount travel sites, 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, websites or owners that rent vacation properties, in-flight goods and services, on-board cruise line goods and services, sightseeing activities, tourist attractions, merchants within 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.

Maximizing the $300 Credit

My assumption is most people will easily hit $300 in the “travel” category per year without even trying. However, if you have zero use for it, here are some options to still take advantage:

  • Purchase a travel gift card to use at a future time. I am still waiting on reports to see which airline and hotels work, so will update this post as reports come through. Please comment below if purchasing a specific gift card has worked for you!
  • Make a prepaid travel purchase. For example, if you know you are going to stay at a hotel next year, go ahead and book the hotel now at a prepaid rate. Just keep in mind that sometimes those rates have extremely inflexible cancelation policies.
  • If you have a friend or family member who is about to make a flight or prepaid hotel, pay for their flight/stay and have them pay you back.

Making Money Off the Annual Fee

Remember, this is $300 per year. While it is advertised as calendar year it is really through your December close date. So if your close date is on the 3rd, for example, of every month, you’ll only have until December 3rd to receive the $300 statement credit for that calendar year. Any purchases after this date will count towards the following calendar year. Since you receive $300 per year, this means you can really get up to $600 in statement credits in just the first year of having the card. While the card comes with a $450 annual fee, you can get $600 worth of statement credits within that year. That means you are ahead $150 in addition. That is on top of the 100,000 point sign up bonus.

Editorial Disclosure: Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.

The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

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TJ
TJ
8 years ago

It works already got mine. It even applies to Uber/Lyft which is great!

c00mtg
c00mtg
8 years ago
Reply to  TJ

Hi TJ, what works? Buying travel gift cards and getting credit?

Trish
Trish
7 years ago
Reply to  c00mtg

I bought southwest and it worked !

c00mtg
c00mtg
8 years ago
Reply to  TJ

Right on!

Dr. Bob
Dr. Bob
8 years ago

Note Chase’s wording: the travel credit it through the statement date in December

Daniel Aboud
Daniel Aboud
8 years ago

I bought AA gift cards and the charges haven’t even posted yet, however through the UR portal it shows that $300 of the $300 travel benefit has been used.

Eric
Eric
8 years ago
Reply to  Daniel Aboud

Did the AA gift cards transactions post with the travel benefit being reimbursed?

Steve
Steve
8 years ago

I can confirm the credit works for Airbnb. I booked a $490 Airbnb stay with the card and the $300 credit was applied seamlessly.

Hatem Saleh
Hatem Saleh
8 years ago

Does gas expenses qualify for travel credit? What about renting thru Tripadvisor but the payment was done theough Paypal? Coz in the card statements it says Paypal

c00mtg
c00mtg
8 years ago

I just got off the phone with Chase. They can not upgrade my CSP to CSR because you need a least $10k CL, I only have $5k.

Basically, an HP is needed to request a CLI or apply and get the 100,000 offer. I know I will get denied, going to have to pass 🙁

dan
dan
8 years ago
Reply to  c00mtg

I’d try again, I was just able to product change my Freedom to the Reserve with only $5.5k credit limit.

c00mtg
c00mtg
8 years ago
Reply to  dan

that’s great! It doesn’t make sense in my case. I do want the 100k miles. Not justifiable to upgrade and pay $450 AF with no miles. I will wait.

Rajat Aggarwal
Rajat Aggarwal
8 years ago

I just got approved of CSR. Now I would like to downgrade CSP but I am out of options as I have all the other Chase card already. Maybe I can convince them to cancel the most recent Chase Freedom Unlimited card I got and then downgrade my CSP to the same?

c00mtg
c00mtg
8 years ago
Reply to  Rajat Aggarwal

Close the one you don’t want and move the credit line to CSR

Chad
Chad
8 years ago

Does anyone know if it will work on an AirBNB giftcard?? I know it works on AirBNB, but a gift card would be great!

Chad
Chad
8 years ago
Reply to  dealswelike

Great news – I can confirm Airbnb gift cards (bought from their official website at least) DO count 🙂

Wayne
Wayne
8 years ago

How about Southwest Airlines egift card from southwest.com?

Mike
Mike
8 years ago
Reply to  Wayne

Keep in mind not all carriers will process gift cards in the travel category but fortunately SouthWest does so it does work for SouthWest Airlines.

Christopher
Christopher
7 years ago
Reply to  Mike

Thanks, Mike. Are you certain of this? If so, that is how I plan to use my credit.

Christopher
Christopher
7 years ago
Reply to  Christopher

I can confirm Southwest Airlines gift cards count toward the credit. I purchased a $300 egift card through southwest.com and was issued the credit as soon as the transaction posted.

Carol
Carol
8 years ago

Does anyone know if I can buy miles from UA or AA and get the travel credit?

Mike
Mike
8 years ago
Reply to  Carol

No, does not work for miles as stated in the fine print.

gloria
gloria
8 years ago

Do charges have to be made by Dec 31 for yearly $300 to count, or prior to the last
statement date in December. That is, if last statement date is Dec 21,
Will charges made on Dec 26 count towards the 2016 or 2017 credit..

U
U
7 years ago
Reply to  gloria

Just FYI, I got approved yesterday and asked them the same question. They said as long as I make the travel purchases before my first statement which is on 12/23 I can use $300(2016) travel credit even though the pay is in late January. You should call them to make sure as well! Let me know what they say!

mike
mike
7 years ago

I’m going on a scuba liveaboard in Indonesia that going to be paid thru PayPal, just wondering if this will get me the $300 credit

Kev
Kev
7 years ago

I called and clarified and it does not work that way. The travel credit is issued every year in Jan and the card has to be open, so… you would get the 1st $300 credited but the 2nd credit for expenses in 2017 would be credited in Jan 2018 so you would be paying another $450 annual fee for the 2nd year.

Christopher
Christopher
7 years ago
Reply to  Kev

I made a test purchase at a parking meter and I was issued the $4 credit as soon as the charge posted. That would seem to indicate that travel credits are issued immediately rather than accrued throughout the year and then issued in a lump in January.

I’ve made a Southwest egift card purchase and I’m waiting for that to post. When it does, I will confirm that I received the remainder of my travel credit. Then early next year, I’ll make another test purchase to verify that the credit is still issued immediately.

Daniel Rindsberg
Daniel Rindsberg
7 years ago

Credit posted for AA GC

Trish B
Trish B
7 years ago

How long after you charge the $4k does it take to get the points?
Also looking for clarification, I got my card in 11/16 and if I charge $300 in travel before 12/31/16 will I get the $300 credit in 2016 as well as in 2017 prior to me being assessed another $450 annual fee ?
Thanks. Trish

Sandy
Sandy
7 years ago
Reply to  Trish B

Trish, points typically posts 2-3 days after the statement in which you satisfied the $4000 spend requirement closes. I just found out today that in order to qualify for the $300 credit this year, you’ll need to charge that $300 before your December closing date. You’ll get another $300 in 2017. I’m in the same boat as you…just got approved today and is hoping I will have a closing date in December. Crossing my fingers.

Y
Y
7 years ago
Reply to  Sandy

Did you call them to make sure when your December statement closes? I just applied yesterday and they said mine is on12/23. So I’ll be able to use 2016 $300 travel credit as long as I make purchase on a flight or something before that date! And get another 2017 in January. I’m planning to downgrade after 11months (before my second annual fee happens ) so….awesome!! If you have called them, let me know what they said as well. It will be great to double check!

Kelsey
Kelsey
7 years ago

Has anyone tried purchasing a Delta giftcard?

Brad
Brad
7 years ago
Reply to  Kelsey

I purchased an e-giftcard from delta today. It’s still pending and once it posts I will report back.

NAte
NAte
7 years ago
Reply to  Brad

Can you confirm that this posted as travel? Thanks!

Brad
Brad
7 years ago
Reply to  NAte

So sorry for the delay, but I am happy to announce that a $50 delta e-gift card DOES work towards the travel credit.

Beth
Beth
7 years ago
Reply to  Brad

did you receive credit for the delta e-giftcard?

Joe D.
Joe D.
7 years ago

I don’t know if this post is correct. I received the CSR, but also have already been charged the $450 annual fee. Thus, the $300 credit I receive this year also comes with a $450 fee, which will be the same in 2017.

10/2016: approved for CSR
10/2016: charged $450 annual fee
11/2016: received $300 in travel credit.

2017: receive $300 in travel credit
10/2017: charged $450 annual fee

So there is no $600 for $450 as far as I can tell. What am I missing?

Joe D.
Joe D.
7 years ago
Reply to  dealswelike

Got it, thanks!

Alex-Dal
Alex-Dal
7 years ago

Has anyone bought Alaska Airlines gift cards and received travel credit for the purchase?

Tom Foster
Tom Foster
7 years ago
Reply to  Alex-Dal

I just tried that with a minimum test buy. No dice. Alaska gift certificates do not post as travel — not only not for the travel credit but not even for the extra points.

RJC
RJC
7 years ago

I just tested a $10 Hotels.com GC bought directly through their website. Transaction has posted, but I am not showing a statement credit. Doesn’t appear to work. I was hoping on using the credit for 2016 on a GC that would give me a wide range of options for next year.

Rebeca Reyes
Rebeca Reyes
7 years ago

What about hotels.com gift cards? Do they code as travel? Also I was told by Chase the 300 credit for 2017 starts the day after your Dec billing statement closes.

RJC
RJC
7 years ago
Reply to  Rebeca Reyes

No they don’t. I tried it a few days ago and it posted without a credit.

Y
Y
7 years ago

When I book a hotel does the transaction happen before the actual stay?? I need to use 2016 $300 travel credit and thinking about using it for my stay at a hotel on 12/26th but my December statement closes on 12/24th. I know I will book it a couple weeks before but want to make sure it will be on December statement….

gayle mckenna
gayle mckenna
7 years ago

hi, just applied and approved today. hoping to find out from the rest of you what gc’s will work for the $300 credit? traveling to ireland/scotland/england next year and planning to use miles/gc’s then, so just want to be i can get the credit? some of you mentioned air bnb; didn’t know you could be gc’s from them – that’s a possibility. any other suggestions for the $300 i have to use before the end of the year?
thanks!

Tom Foster
Tom Foster
7 years ago
Reply to  gayle mckenna

I tried buying an AirBnB gift card. It gets the travel credit. But AirBnB will not let me give myself the gift card. So I canceled the transaction.

nicole
nicole
7 years ago

Does anyone know is a Hilton Gift Card works? Looks like you buy it thru a co-branded American Express & Hilton Honors website.

Shannon
Shannon
6 years ago
Reply to  nicole

No, I tried Hilton and it coded it as American Express and did not count towards travel credit.

Jay
Jay
7 years ago

Does EZ Pass auto pay count as tolls and as part of the credit?

Jason
Jason
7 years ago
Reply to  Jay

No, at least for NY, EZ-Pass comes up as “Gov’t Services” or something now. I called up and they couldn’t do anything for me about it

jeremy
jeremy
7 years ago
Reply to  Jason

hi! actually ezpass ny worked for me yesterday as travel credit.

Elaine
Elaine
7 years ago

From what I’ve read so far, it seems like Airbnb qualifies, but not Homeaway… can anyone confirm for sure that Homeaway doesn’t work?

Sreenivasa Munagala
Sreenivasa Munagala
7 years ago

If I book a hotel from Expedia OR Groupon, will they trigger as travel credit or not?

DreeN
7 years ago

Can the $300 travel credit be used to off-set the $450 annual fee? It is a travel credit card, but I’m guessing “nice try.”

Tom Foster
Tom Foster
7 years ago

I am “pleased” to report that not only do City of Berkeley parking meters post as travel — yep, $.25 = .75 URs — but also City of Berkeley parking citations post as travel AND count towards the $300 travel credit.

Nilesh Tailor
Nilesh Tailor
7 years ago
Reply to  Tom Foster

😀

Thanks for the chuckle. Needed it.

ED
ED
7 years ago

Has anyone had luck with purchasing a hotel gift card and having the travel credit applied? I’d like to buy a Marriott or similar gift card to use for undecided dates in 2017.

Shannon
Shannon
6 years ago
Reply to  ED

I tried a $25 Marriott gift card and it did count towards travel credit!

S
S
7 years ago

Looks like I might be too late for the 2016 $300 credit. Approved today and Chase App is showing a payment due date of Jan. 26th. Assuming my statement date is Jan.5-6th. Would it be worth it to ask to have the date pushed up a week, to say Dec.30th? Any experiences?

Thano
Thano
7 years ago
Reply to  dealswelike

Any luck on this? I got approved the other day but they told me i wouldn’t quality for the $300 credit till 2017.

thano
thano
7 years ago
Reply to  dealswelike

that’s great. i’m going to do the same. Thanks for the tip!!

Fanny
Fanny
7 years ago
Reply to  dealswelike

So strange! Just called and they won’t do it. What did you say?

Daniel marcucci
Daniel marcucci
7 years ago

I just noticed that my annual travel credit has been reset to $0 within the last couple days. I did previously max out my $300. Why did it reset now and not on January 1? Is this typical or an error?

Dan Marcucci
Dan Marcucci
7 years ago
Reply to  dealswelike

December 4. I guess that’s the trigger, huh? Glad I didn’t wait to use my credit.

Trish Thompson Badowski
Trish Thompson Badowski
7 years ago
Reply to  dealswelike

Bcuz u are now eligible for the $300 annual credit again bcuz the next statement will be your January 2017 statement

Veritas
Veritas
7 years ago

Typical. The T&C say that the credit is from December statement to December statement. I’m guessing your statement date was a few days ago.

josh
josh
7 years ago

I just got approved today, Dec. 10. Card will come in about a week, but first payment due 2-3-2017.

Would I be able to take advantage of double travel fee?

Thanks!

Josh

Fanny
Fanny
7 years ago
Reply to  dealswelike

I also received my card few days ago and just got off the phone with the Chase rep about the $300 travel credit. Basically in order to make changes on the statement cycle would require 1 month advance notice (so in this case, it wouldn’t work for us new comers) AND because our first billing cycle is in 2017, we could only benefit the $300 in 2017. The up side of this is that we’re not paying for the $450 annual fee for 2016.

Angelina
Angelina
7 years ago
Reply to  josh

Can you let me know if it’ll work? I’m wondering if I can apply today dec 13..and still get the 300 credit.

Chloe
Chloe
7 years ago
Reply to  Angelina

I called chase as well. So they said you need at least a months billing cycle to have the $300 count towards 2016. PRetty much anyone activating the card around end of November will NOT count towards 2016, but 2017 instead. They said they couldn’t shorten my billing cycle to December because it needs to be at least 22 days and around two weeks to include payment due date. SOL.

GM
GM
7 years ago

I applied 12/12, activated 12/14 and they won’t do anything for me for 2016 travel credit.

Know someone who received the card Friday 12/9 and seemingly received it…

Craig E.
Craig E.
7 years ago

Anyone know if the Travel Credit will cover the cost of a $300 weekly car rental rate?

katie
katie
7 years ago

I purchased an e-giftcard from Southwest yesterday morning. It’s still in pending. When will the travel credit will apply to this purchase? After it’s posted? Thank you!

Tim Foster
Tim Foster
7 years ago
Reply to  katie

Yes. As soon as it posts.

Chris Appling
Chris Appling
7 years ago

It is not applicable to any charge during the “calendar year.” I purchased travel yesterday, December 27 and was told that I was out of the 2016 billing cycle and that the credit would apply towards 2017…..even though I was told twice on the phone that it was applicable for purchases in the calendar year.

Then i was basically called a liar when i questioned this and I am pretty sure they are not going to do anything about it

Trish
Trish
7 years ago

Regardless you will get the credit in 2017 and then again in Jan 2018 before you’d have to pay your annual fee again.

woahisme
woahisme
7 years ago

I just want the world to know that slackers lose money.(like me) I lost my $300 for 2016 because my statement closed early in december and I lost out on the $200 MXP for Amex because the gift card loophole was closed.

Avik Bhattacharya
Avik Bhattacharya
7 years ago

If I apply for the card now, I can redeem the travel credit of 300$ anytime during this year right or I have to wait will December 2017. I did call Chase and they said I have to wait till December to get the travel credit.. it did not sound logical though.. any comments ?

amii123
amii123
7 years ago

I am going to apply today for the Chase Sapphire Reserved today. Wondering if I am out of luck in getting the $300 credit limit TWICE a year like others because I am applying in early January? My first statement might end up being in Feb 2017, I’m not sure how this works. But since it resets every December would I not be able to get the credit twice a year and pay $450 annual fee once like many others? So $450 fee per year would equal to 2 $300 credits a year. Or am I confused? Thanks in advanced.

amii123
amii123
7 years ago
Reply to  dealswelike

Wow sweet deal. Perfect sense. Thanks for the speedy reply! 🙂

gayle mckenna
gayle mckenna
7 years ago

hi,
just got a card for myself in december, excited to use it for our 5 week trip to europe in july. was going to do an add-on card for hubby, but they charge $75. thinking of getting a separate card for him so he can get the 100k; it’s not per household, right? that way he’ll get free global entry too on his acct. but we couldn’t combine our points into one rewards acct, right? is there any other disadvantage i’m not seeing here?
thanks!

gayle mckenna
gayle mckenna
7 years ago
Reply to  dealswelike

awesome, thanks for the quick reply!

Mandy
Mandy
7 years ago

Wish I would have seen this sooner! I applied 12/24/16, received my card 12/27/16. Am I out of luck for 2 $300 travel credits in Year 1 for the low low fee of $450? 🙂 Appreciate any help you can give!

Mandy M
Mandy M
7 years ago
Reply to  Mandy

Okay, is this right? (Extrapolated from your response to Joe D, above.)

@Joe D – Using your dates, you can do:
10/2016 – approved for CSR
10/2016 – charged $450 annual fee
11/2016 – received $300 in travel credit
1/2017 through 9/2017 – receive $300 in travel credit
As long as you receive the travel credit by September 2017, you’ll have spent $450 for the annual fee and received the $300 statement credit back twice. Thus giving you $600 for $450.
If you keep the card past the first annual year, you’ll then be charged another $450.

My scenario:
12/2016 – approved for CSR
01/2017 – charged $450 annual fee
01/2017 – received $300 in travel credit
After December close, 2017 – December 31, 2017 – receive $300 in travel credit

West
West
7 years ago

My first purchase was on december 16, 2016, and my annual membership fee was charged on Jan 1st, 2017. I’m confused about how to get the travel credit twice.. Is there anyone that can help me? I appreciate the help!

Kris
Kris
7 years ago

Any one with a similar experience?
I initially bought a plane ticket for 120$ and got the travel credit the same day. I had to however cancel the ticket the next day but have not receive return of the travel credit. Chase took those 120 $ as part of my 300$ travel credit. I called the customer center with the above problem but they did not understand this issue at all and said just wait will the month end and it will make sense. Can anyone explain this to me. I have used up my 300$ and 120$/300$ was from a ticket that I cancelled. From the math I did they should be giving me back the 120$ that I cancelled.

Kris
Kris
7 years ago
Reply to  dealswelike

I called Chase back today and thy told me that Chase had payed directly the first time I bough the ticket. But when I cancelled it the airlines gave me a credit in my account. Because of the credit, Chase will not return my 120$ in travel expenses.

Thanks!

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