While most of the credit card world has been focused today on the Chase Sapphire Reserve cards, many recent Sapphire Preferred applicants received an email today indicating that they will receive an extra $50 travel credit this year.

As you can see above, this one-time $50 credit is good toward any Chase Travel℠ booking. The email is going out today those who have opened the Chase Sapphire preferred card within the past year.
The subject line of the email was “Introducing Points Boost on Chase Travel”. That email explained the new change to the value of points redeemed through Chase Travel and the timeline for the changes. You can read more about Points Boost and the timeline for existing cardholders in this post.
To redeem this travel credit, eligible cardholders just need to book their itinerary through Chase Travel by June 23, 2026. To be clear, this is in addition to the Chase Sapphire Preferred card’s annual $50 hotel booking credit and this extra $50 credit only applies to those who have opened their Sapphire Preferred card within the last year (presumably between June 23, 2024 and June 22, 2025).
While this won’t be a huge consolation to those who were counting on the card’s previous structure for redeeming against paid travel, but at the same time, this credit and the annual hotel booking credit combine to mitigate most of the first-year fee, which represents a decent gesture for those who might feel disappointed about the changes.

I wonder how many people will be like myself and skim over it thinking it’s just advertising the normal $50 credit. Saw the email but would have missed it completely without the travel blogs picking it up.
This $50 is NOT good against any travel booking. It only works for hotel not flights.
It should be noted that the credit is more of a coupon applied during checkout and not a statement credit.
It shows up upon checkout with any kind of travel purchase. It shows as “one promotion available” and it removes $50 from the total cost. I found it for flights, cars, and hotels.
How do I differentiate this “bonus” $50 credit from the $50 annual hotel credit for the CSP? I recently got this card and received the same email indicating an extra $50 travel credit. However when I checkout (for a dummy hotel booking >$100) in the chase travel portal, I only see a single “$50 credit”. I thought I’d see both ($50 x 2). or is the $50 annual hotel credit a statement credit after booking/paying and not something that will show up on checkout (as opposed to this bonus credit)?
Ok I think I understand. this bonus credit is a $50 off coupon. the regular $50 credit is a statement credit after booking. So to leverage both in 1 booking, a hotel stay of >$100 would utilize both credits. If I book a $95 hotel stay – $50 bonus credit, making the final charge $45, will that still trigger the annual $50 hotel statement credit, or does it need to be a minimum of $50 charged
The terms for the credit I got don’t limit it to hotels unless I am missing something. I think that limitation is only for the normal $50 annual CSP credit.
2 new preferred in May, SUB’s met, neither got this offer (yet).
Also wondering if they’re going to do anything similar for the Reserve..
Cheers
So in theory it would be $100 a hotel booking with CSP.
Sweet we both got the CSP bonus again 100K April/May and upgraded two Freedom (old CSP) to CSR 6/16
Inspite of the coupon-izing (actual liove the game and strive for Zero Breakage).
Chase has been working overtime on the coupons – got both of the recent roll-out with UA card refresh (Quest & UA Biz) in March.
But Chase has been increasing the value of card benefits and the free money (or equivalent goods) with Instacrt promotion ($1,750 per year with Instacart credits (we do free pickup on $35 orders)
I realize that not everybody loves the game, coupons or live in an area that they have limited/no options to take advantage of the monthly/ quarterly/semi-annual credits.
not 2025 it is 2026 for everyone on csp
“To redeem this travel credit, eligible cardholders just need to book their itinerary through Chase Travel by June 23, 2025.
This should read by June 23, 2026
I received this email and potential credit towards my Chase Ink Business Preferred card.
I got that on my Chase Ink Preferred. (Fortunately my credit lasts until 2026…!)