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Exactly a week ago I applied for the Chase Sapphire Reserve credit card. My goal was to get this card just in time to utilize the $300 travel credit in 2016. For those unaware, your $00 travel transaction on the card must hit by your December statement close date, you do not actually have until the end of the month. After I was approved, I called Chase and they were able to change my first statement close date to December 23rd (originally it was some date in January). You can read more about this here.
Since I only had exactly 16 days to spend $300 on travel with the card, I wanted to make my travel related purchase as quickly as possible. I am not traveling over the next few weeks and have no new airfare I need to book. Any hotel reservations I need to make will also not require prepayment until checkout and those stays are not until January. So I went ahead and purchased a Marriott gift card! Reports showed that both eGift cards and physical gift cards were coding as travel so I figured I’d give it a try. I stay at Marriott hotels often enough that I do not mind having a gift card to eventually use. And even if I use points, the gift card can be used towards incidentals on my bill.
I purchased a $300 Marriott eGift card about 2 hours after the new credit card arrived and two days later the $300 travel credit was issued.
In my Chase Ultimate Reward account for this particular card, it also shows that I’ve hit my $300 maximum for the year.
If you are still trying to figure out some ways to utilize your travel credit before your December statement credit hits, here are some ideas:
- Purchase a Southwest gift card
- Purchase a Marriott gift card
- Purchase a AirBnB gift card
- Make a prepaid hotel reservation (just be 100% positive you will not need to cancel)
- Make a regular hotel reservation (some hotels will charge your credit card a certain amount even it is a fully refundable reservation – this typically is for expensive resorts or during peak travel, just look at the reservation details)
- Book airline travel (you do not need to actually fly by your statement close date, just have the transaction hit your card)
- If you re a JetBlue Mosaic member, you can book a JetBlue flight and then cancel it to receive a voucher in your travel bank to use for a future time
If you have any other travel related purchases that qualified for the statement credit, please feel free to leave comments below.