The Edit by Chase Travel℠ is a luxury hotel booking program available to JP Morgan Reserve and Chase Sapphire Reserve® cardholders. When booking hotels through The Edit, cardholders enjoy a suite of valuable benefits and, in most cases, will also qualify for elite credit, rewards, and perks when staying at chain hotel properties. The Edit stays usually include:
- Daily breakfast for 2
- $100 property credit per stay (such as dining or spa credits)
- Room upgrade at check-in (based on availability)
- Early check-in and late check-out (based on availability
- Complementary wifi
Via Point Boosts, Chase initially advertised that cardholders would get 2 cents per point (cpp) value when redeeming points through Chase Travel℠ for hotels that are part of The Edit, later walking it back to say that some properties would have a lower redemption rate (usually 1.65cpp).
This week, Chase began temporarily raising rates at certain properties to as high as 2.5 cents per point; a potentially very exciting use for Ultimate Rewards points. However, it might also be masking a turn for the worse in the program overall.
Over the last couple of months, I’ve been noticing that many of the properties that I’ve looked at on The Edit are showing the 1.65cpp redemption rate, while properties at 2cpp have become harder and harder to find.
I hadn’t realized exactly how hard to find they had become until we were contacted by the folks at EditMaxxer, a tool that tracks the prices, locations, and availability of The Edit properties. Between late-January and April 21, EditMaxxer picked up ~350 Edit hotels that showed a redemption value of 2.0 cents per point. On April 22nd, that number was down to 110, a reduction of nearly 70%.
So, at the same time that Chase added the new 2.5cpp to a handful of Edit properties, it seems to have devalued redemptions at hundreds more.
Indeed, it currently appears that the most common rate for The Edit hotel redemptions is 1.65 cents per point. Of the 1,084 properties EditMaxxer currently shows as available, only 119 are at 2+ cents per point, or ~11%. In contrast, 89% are at 1.65cpp (see below):
Bottom Line
When Chase relaunched the Sapphire Reserve cards, it indicated that bookings with The Edit could be made at 2 cents per point. When we received notices of properties below that level, Chase said that the 2cpp rate was meant to be a promotion, and that it wouldn’t be honored for all properties after December 22nd, 2025:
Some of our Chase Travel content marketing the 2x points boost promotion for The Edit remained in market longer than intended. We will proactively honor 2x points value for any customers who book a stay at a property in The Edit through December 22, 2025. Customers will see the points adjustment in their Ultimate Rewards balance. As a reminder the terms outlining the Points Boost program are available here*
Now, it appears that getting 2+ cents per point on an Edit booking is by far the exception, and not the rule. While 1.65 cents per point is still a decent deal, it’s significantly mitigated by the high prices of properties on The Edit, even when compared to Fine Hotels + Resorts.
I’ve personally been having a much harder time finding good values with The Edit, and I still have a $250 credit from our Sapphire Reserve® card staring me in the face to prove it. Our annual fee for the card is due in about two months, and we’ll almost certainly downgrade it to a Sapphire Preferred®. As a result, we’ll lose access to The Edit, but I can’t imagine we’ll notice it in the least. What once seemed like a promising program now feels increasingly crippled; much less appealing than its American Express counterpart.
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Appreciate Chase removing any lingering doubts about cancelling at next renewal
Yup, affirms my decision to downgrade after upcoming annual fee posts
Watch Wells Fargo start upping their game. And maybe by some miracle US Bank adds transfer partners. Rove and Bilt are bringing it and I could see another Bank jumping into the fray. More competition for travel hungry customers is the answer. Chase might be smart enough to bring back some value. The CSR ponzy scheme is only going to continue its down hill slide. But what do I know. My in-laws put all their spend on a delta card. Most consumers bite on the marketing and have no idea what value is. Thank goodness for Frequent miler keeping us safe.
If I book hotel rooms with Hyatt using points prior to May 20 while I still get the better rate?
Yes, you’ll get the current rates
Downgraded my wife’s CSR and kept mine for now. Really hate that they took away the CSR’s 1.5x value in the Chase travel site. And that fares in the Chase travel site are sometimes higher than the airline site. About to use the edit for the first time. But I think that I’d have to use the edit twice a year (doubtful) to justify keeping the card. I live in Boise and I think the nearest edit location is 3 hours away in Sun valley. I don’t much care about lounges at airports. If I’m not going to use the travel site to get 2.25x (combining w Chase freedom unlimited) like before, and with the big jump in annual fee, feels wasteful to renew. Will have to explore the non – Chase options.
“masking a turn for the worse”… oh, so, like usual… *facepalm*
No need to worry about 5/24 anymore!
Its actually very freeing. The moment Chase nerfed Biz card sign ups I stopped caring about 5/24.
Cannot believe a large issuer like Chase is just going to leave a lane open for Amex Plat to overtake them. But that is exactly whats happening.
The “overtake” of which you speak occurred on 9/18/2025, when the current refresh of the Amex Platinum was released.
While individual circumstances differ, I’d say that an *adept* hobbyist could easily employ multiple Amex Platinum cards yet struggle to employ just one CSR. Just ask Nick, he’ll tell you.
It already happened. Premium CCs are either spend drivers which earn points well or coupon books
The CSR just tries to do both and is mediocre
The Amex Plat and Citi Strata are better coupon books than the CSR now, and the Plat has better subsidiary cards in the Gold and BBP
The venture X, BILT and the BoA PRE with the boost are better earning cards
I agree. Chase really seems to be letting the premium CC market go to Amex. Amex Platinum isn’t the best earning CC, but Amex’s idea is one gets other Amex cards for other uses.
No one cares that the 2.0 flight redemptions on all domestic routes are gone too??
Given all that has unfolded since the CSR refresh, Chase has shown its true colors. What has unfolded is not the result of some out-of-touch product manager. It has been well thought out and calculated. So, the only person who cares is the person who is still under the mistaken impression that somehow there is still hope for the card.
Eh, Chase doesn’t want any of us maximizers holding the CSR. They want people who will spend a lot of money booking through Chase Travel without a second thought- and Chase will induce them with a cut of the commission via points boost, statement credits, perks, or all three. Either way, Chase makes a lot more money than they ever did off us.
Bingo! But, Chase thought they would beat Amex at this game. Thing is Amex has a 135 year head start. Amex has been in the travel game since 1891. When it comes to reliability and accuracy, I trust Amex way more than Chase. Amex still performs many functions in-house. Yeah, they use Expedia for reservations, but that is back office mechanics. The rates and features are all still negotiated by Amex.
Oh no! I hadn’t heard that. just ran a couple of searches and didn’t find 2x on them. That doesn’t prove it’s gone for all domestic flights but it doesn’t look good. Boo Chase. Boo.
DoC reported on this.
Early after the CSR refresh, when the product and platform saw changes in quick succession . . . and seemed less anchored . . . I sensed that whatever the CSR was becoming was not going to be a fit. I didn’t need to wait and see. I didn’t need to wait for the annual renewal for a change. It’s been seven months and haven’t looked back
Something has fundamentally changed at Chase. Acknowledge it, accept it, and stop being Chase’s apologist. Lose the obsession with travel protections, find another solution, and get on with life.
Unfortunately CSR has evolved into garbage like Bilt as well. Sad. Not gonna dance around it worshipping its credits. No need to be a slave to it and getting beaten by every secret devaluation. Not getting it. Moving on. Super super excellent article. Great read.
I noticed this recently – I had been watching Four Seasons Whistler at 2X Points boost and the cart keet showing the booking price dropping “this property has dropped $53.xx since you added to cart and continued- I was waiting to lock in the Hyatt we are going to book before May 20th but was on fence about Booking Secrets AI in Aruba for 30K or just booking Hyatt Aruba Airport for 12K for arrival/departure this has the best bang for UR vs cash.
So today instead of FS Whistler- I pivoted and used last EDIT credit (using the bonus $250 this weekend at a Kimpton – also booked it before 2X disappered and I booked last years and this years Edit Credit with 2X points boost.
That said will be PC our CSR cards to a Freedom sometime after AF posts – we PC Freedom cards for P1/P2 just before launch of refresh last June. And October renewal was $550 so we have gotten great mileage out od the coupons for year 1 of the Refresh.
Amex Plat has been slow rolling/curbing/closing loopholes i.e. Airline credits. The Personal Plat is still a keeper in short term – I just wishe I had banked UA TB back in January ( I normally do – ot was just a busy month of travel).
Also planning on downgrading multiple cards with higher AFs this year.
This is what happens when you let marketing people control your product. You get stuff that looks good in headlines but is dogsh*t in reality. Some of the most dishonest and misleading stuff imaginable was dreamed up by marketers and PR jerks and this new “oh wow up to 2.5 cpp boost!!” is no different. Marketers give you a starburst with one hand while they kick you in the crotch.
Literally days after I said the points boost at 2.0 cpp was potentially valuable, Chase makes me eat my words. There’s got to be someone on their team whose goal is to explicitly remove all sweet spots left in their program until the best redemption is just to use points to pay your annual fee.
yeah I’m canceling mine as soon as I get home from Vegas. I have a few weeks left to cancel to get my $800 back.
I can’t even justify “oh maybe redemption rates are down because summer is coming and people don’t travel much in the winter”