Chase Sapphire Reserve Cards — How To Use the $500 Chase Travel Credit for The Edit

Even the best credit card perquisites are only useful if you actually use them the right way, and that applies to posh hotel stays, too.

Cardholders of the Chase Sapphire Reserve^® and Sapphire Reserve for Business℠ have a generous up to $500 hotel credit to take advantage of. The card offers 2 $250 credits that can be used whenever you want throughout the year, good for bookings made through The Edit on Chase Travel. This is a new benefit for the Chase Sapphire Reserve card, which has long offered a $300 annual travel credit but not a hotel-specific credit.

This credit can make high-end stays more accessible, but there are a few details to know. This guide explains how the credit works, how to apply it to a booking, and how to stretch its value.

Chase Sapphire Reserve Card and Chase Sapphire Reserve Business Card Overview

The Chase Sapphire Reserve card and Chase Sapphire Reserve Business card offer luxury travel benefits, including an up to $500 annual credit for bookings with The Edit. Other travel benefits include:

• $300 annual travel credit
• Lounge access
• Travel protections
• IHG One Rewards Platinum Elite status upon activation (through December 31, 2027)
• 8x points on all Chase Travel bookings, including The Edit
• Up to $250 back in statement credits for select prepaid hotel bookings made through Chase Travel at IHG Hotels & Resorts, Montage Hotels & Resorts, Pendry Hotels & Resorts, Omni Hotels & Resorts, Virgin Hotels, Minor Hotels, and Pan Pacific Hotels and Resorts properties (2-night minimum stay required; through December 31, 2026)
• Access to Reserve Travel Designers
• Up to $120 of Lyft in-app credits a year (up to $10 monthly), plus 5x points on eligible Lyft rides (through September 30, 2027)

Terms Apply / Rates & Fees

Chase Sapphire Reserve^®

U.P. Rating 

The rating for this card has been determined by our own industry experts who know the ins and outs of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

A top player in the high-end premium travel credit card space that earns points on travel and dining while offering top luxury perks.

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Chase Sapphire Reserve^®

A top player in the high-end premium travel credit card space that earns points on travel and dining while offering top luxury perks.

Welcome Offer

Earn 100,000 bonus points after you spend $6,000 on purchases in the first 3 months from account opening.

100,000 points

UP's Offer Valuation*:

$2,000

Annual Fee

$795

APR

19.49% - 27.99% Variable

Credit Recommended

Upgraded Points credit ranges are a variation of FICO^® Score 8, one of many types of credit scores lenders may use when considering your credit card application.

Excellent

Why We Like This Card

If you’re looking for an all-around excellent travel rewards card, the Chase Sapphire Reserve^® is one of the best options.

The card combines elite travel benefits and perks like worldwide airport lounge access, with excellent point earning and redemption options. Plus, it offers top-notch travel insurance protections to cover you at home or on the road.

Don’t forget the more than $2,000 in annual credits, which can offset the annual fee!

Pros & Cons

Pros

• 8x points on all Chase Travel purchases
• 5x points on Lyft rides
• 4x points on flights and hotels booked directly

Cons

• $795 annual fee

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Card Highlights

• Earn 100,000 bonus points after you spend $6,000 on purchases in the first 3 months from account opening.
• Get $3,000 in annual value with Sapphire Reserve.
• Earn 8x points on all purchases through Chase Travel℠, including The Edit℠ and 4x points on flights and hotels booked direct. Plus, earn 3x points on dining worldwide & 1x points on all other purchases
• $300 annual travel credit as reimbursement for travel purchases charged to your card each account anniversary year.
• Access over 1,300 airport lounges worldwide with a complimentary Priority Pass™ Select membership, plus every Chase Sapphire Lounge^® by The Club with two guests. Plus, up to $120 towards Global Entry, NEXUS, or TSA PreCheck^® every 4 years
• Get up to $150 in statement credits every six months for a maximum of $300 annually for dining at restaurants that are part of Sapphire Reserve Exclusive Tables.
• Count on Trip Cancellation/Interruption Insurance, Auto Rental Coverage, Lost Luggage Insurance, no foreign transaction fees, and more.
• Get complimentary subscriptions to Apple TV and Apple Music for a minimum of one year when activated by June 22, 2027, a value of $288 annually.
• Member FDIC

Financial Snapshot

• APR: 19.49% - 27.99% Variable
• Foreign Transaction Fees: None

Rewards Center

Chase Ultimate Rewards

LIMITED TIME OFFER

Terms Apply / Rates & Fees

Sapphire Reserve for Business℠

U.P. Rating 

The rating for this card has been determined by our own industry experts who know the ins and outs of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

The Chase Sapphire Reserve for Business card is perfect for frequent traveler business owners who want premium perks.

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Sapphire Reserve for Business℠

The Chase Sapphire Reserve for Business card is perfect for frequent traveler business owners who want premium perks.

Welcome Offer

Earn 200,000 bonus points after you spend $30,000 on purchases in your first 6 months from account opening and access more than $7,000 in total business and travel value in your first year.

200,000 points

UP's Offer Valuation*:

$4,000

Annual Fee

$795

APR

Flex for Business Variable APR: 17.74% - 28.49%

Credit Recommended

Upgraded Points credit ranges are a variation of FICO^® Score 8, one of many types of credit scores lenders may use when considering your credit card application.

Excellent

Why We Like This Card

The Chase Sapphire Reserve Business card is a great pick for business owners who can easily make use of the annual credits for travel, Google Workspace, ZipRecruiter, and more. Plus, it offers helpful bonus categories such as ad spend and offers access to over 1,300 airport lounges — including Chase Sapphire Lounges.

Pros & Cons

Pros

• 8x points on Chase Travel purchases
• 4x points on flights and hotels booked directly
• 3x points on advertising purchases made with social media sites and search engines (uncapped)

Cons

• $795 annual fee

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Card Highlights

• Earn 200,000 bonus points after you spend $30,000 on purchases in your first 6 months from account opening.
• $7,000+ in value your first year. 200K points, valued at $4,000 for select flights and hotels through Chase Travel℠, plus $3,000+ in annual value through travel and business benefits.
• Earn 8x points on Chase Travel℠ for airline tickets, hotels, including The Edit℠, car rentals, cruises, activities and tours.
• Earn 5x total points on Lyft rides through 9/30/27.
• Earn 4x points on flights & hotels booked direct.
• Earn 3x points on social media & search engine advertising.
• Get the most flexible travel credit compared to any other card, with up to $300 in statement credits each anniversary year on travel purchases.
• Enjoy complimentary access to the Chase Sapphire Lounge^® by The Club network and Priority Pass™ Select membership. Two guests may accompany the Primary Cardmember to the lounges free of charge.
• Member FDIC

Financial Snapshot

• APR: Flex for Business Variable APR: 17.74% - 28.49%
• Foreign Transaction Fees: None

The Edit by Chase Travel: How the $500 Credit Works

The Edit is a collection of more than 1,000 luxury hotels and resorts worldwide, similar to The Hotel Collection and Fine Hotels + Resorts from American Express or the Premier Collection from Capital One.

When you book a stay of at least 2 nights through The Edit, you receive 2 up to $250 in statement credits each year, for a maximum of $500 in credits each calendar year (2 separate transactions of $250 are required with no per-night minimum requirement).

Booking with The Edit offers elite perks, even if you’re not a member of the hotel’s loyalty program. Benefits typically include:

• $100 property credit
• Daily breakfast for 2
• Room upgrade when available
• Early check-in and late checkout when available

Qualifying bookings must be prepaid. You don’t earn points on any portion of your stay covered by each $250 credit, but you do earn 8x points on any amount that exceeds the credit. For example, if you book a $350 stay, you get $250 back as a statement credit and earn 800 Chase Ultimate Rewards points on the remaining $100 charge.

How To Use The Edit Credit

Follow these steps to apply your credit when making Chase Travel bookings.

• Log in to Chase Travel.
• Scroll down past the search box to see featured properties from The Edit, or use the search function and look for properties designated as The Edit.
• Book a prepaid stay of at least 2 nights, paying with your Chase Sapphire Reserve card or Chase Sapphire Reserve Business card.
• Receive up to $250 as a statement credit ( you can also do 2 separate transactions of $250 to use both credits).

The Edit has many high-end properties, but some offer price points close to the credit amount.

For example, you could stay at Park MGM Las Vegas for $273. After the $250 credit applies, you’d only have to pay $23 — and you’d get complimentary daily breakfast for 2, a $100 property credit, and the potential to check in early, check out late, and get a room upgrade.

Comparing Luxury Hotel Credits

The Chase Sapphire Reserve card and Chase Sapphire Reserve Business card aren’t the only cards with a hotel credit, though no other cards offer $500 annually toward hotel bookings.

With the Platinum Card^® from American Express or The Business Platinum Card^® from American Express, cardholders get an up to $600 annual credit for prepaid Fine Hotels + Resorts or The Hotel Collection bookings through AmexTravel.com. The latter requires at least a 2-night stay.

The Capital One Venture X Rewards Credit Card and Capital One Venture X Business Card have an annual up to $300 Capital One Travel or Capital One Business Travel credit that can be used on hotels of any type.

Other options come from Citi. The Citi Strata Elite℠ Card offers $300 off a hotel stay of 2 nights or more when booked through Citi Travel, and the Citi Strata Premier^® Card offers a $100 credit for a single hotel stay of $500 or more each year.

Many hotel co-branded credit cards also offer brand-specific credits or free night certificates. For more details, check out our recommendations for the best hotel credit cards.

Final Thoughts

The $500 credit for The Edit offers significant savings on luxury hotels and resorts with the Chase Sapphire Reserve card and Chase Sapphire Reserve Business card. It can help you stretch your travel budget while enhancing your stay with elite perks. For inspiration, check out the best hotels for maximizing your credit with The Edit.