Say you spend a total of 4 000 and 300 of that amount is travel meaning that you re credited 300.
Chase sapphire reserve 300 travel credit minimum spend.
From june 1 through december 31 2020 gas station and grocery store purchases will also count toward earning your travel credit.
Annual credits like these are likely to increase the odds that a credit card stays safely in your wallet despite the annual fees.
One of the features that help many folks justify the 450 annual fee is the 300 annual travel credit.
As an example the sapphire reserve comes with 300 in travel credit per calendar year for purchases like airfare and hotels.
That s 750 toward travel when you redeem through chase ultimate rewards.
In months 2 and 3 you ll only have to spend a total of 1 000 to hit the 4 000 minimum spending requirement.
To earn the chase sapphire reserve welcome bonus of 50 000 ultimate rewards points you have to spend 4 000 within three months.
The chase sapphire reserve card has a 4 000 minimum spending requirement within the first 3 months of account opening to earn the 100 000 chase ultimate rewards point sign up bonus.
300 annual travel credit as reimbursement for travel purchases charged to your card each account anniversary year.
You ll also earn points on these purchases and as always after your first 300 in travel purchases you ll immediately start earning 3x points on.
The categories are pretty generous in terms of what s considered travel.
Lyft pink will be registered in the name of the primary cardmember or an.
Now enjoy more flexibility with your annual 300 travel credit.
So let s say you spend 3 000 in the first month of having your card which includes a 300 travel purchase.
To meet the requirement you can put ordinary purchases on your card like dining expenses membership fees and health care expenses.
4 12 months of complimentary lyft pink membership.
Would you still qualify for the bonus.
So how does the 300 travel credit play into that.
Earn 50 000 bonus points after you spend 4 000 on purchases in the first 3 months from account opening.
Your statement will show a balance due of 2 700 plus the annual fee.
In addition to the bonus points on travel and dining charges a marquee benefit of the chase sapphire reserve is its 300 per year travel credit.
Your chase sapphire reserve account will receive one complimentary lyft pink membership for 12 consecutive months a minimum value of 199 when the membership is activated with a chase sapphire reserve card by 03 31 2022.
What makes it so great is that it can be applied in increments even to any travel purchase.