Don’t Forget. Earn Chase Sapphire Reserve Travel Credit When You Pay For Parking

It’s the start of a new year.  For folks who hold credit cards like the Chase Sapphire Reserve, that means figuring out how to maximize travel credits.  The Sapphire Reserve comes with a healthy annual fee ($450) which can be offset by a $300 travel credit.

Parking might not be the first thing that comes to mind when you think of “travel”.  But, it is considered a travel expense.  One of my friends, Russell, reminded me of this today when he charged $20 in parking to his Sapphire Reserve and saw a $20 credit pop up on his account.

For the Chase Sapphire Reserve, other examples of charges to earn the $300 annual credit are ones at airlines, hotels and car rentals.  Chase’s definition of a travel charge is pretty broad, making it easy to find ways to earn the entire travel credit.

The Final Two Pennies

I don’t receive any referral credit for credit cards on my blog.  As a general rule, I tend to focus my discussions on cards that sit in my wallet.  I don’t actually have the Chase Sapphire Reserve, though I do hold the Chase Sapphire Preferred.  Both cards represent good values depending on your spending patterns.  You can compare them on the Chase website.

Cards with high annual fees may look expensive.  They can also look a lot cheaper if you take advantage of benefits like the aforementioned $300 travel credit.  But, it’s easy to forget about benefits like this.  Consider this your public service announcement for 2018.  If you hold credit cards with annual travel credits, now is the time to strategize how you’ll max them out this year.  Happy travels!

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