Did you recently get a Chase Sapphire Preferred or Ink Preferred card? You might have a surprise $50 travel credit waiting for you! Chase is sending out emails to cardholders approved within the last year or so, offering a one-time $50 credit for bookings made through Chase Travel by June 23, 2026. This is in addition to the regular $50 annual hotel credit that the Sapphire Preferred card offers!

Here's why this matters to you: It's basically free money towards your next trip! Unlike the regular hotel credit which appears as a statement credit, this $50 credit should show up immediately at checkout when you're booking through Chase Travel. Some users are even reporting the ability to use the credit, then have it reappear to use AGAIN. It seems Chase is trying to make up for changes to the "Points Boost" feature, which many see as a devaluation, by giving newer cardholders a little something extra.

The best part? Even if you didn't get the email, it's worth checking Chase Travel to see if the credit is applied during checkout. It's a no-brainer way to save $50 on your next flight or hotel! If you're able to stack these two credits, this is a great way to save money on a hotel booking.