Earn 7X Points Per $1 and 10% Back With and Chase Sapphire Preferred

by on November 25, 2013 · 14 comments

in Chase,

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When it comes to booking hotel stays, you have a lot of choices in how you maximize your points and miles – from choosing the best site for the lowest prices, to paying with a credit card that earns you bonus points on hotel bookings like the Ink Bold or Ink Plus, to elite status considerations and other points bonuses and promos.

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One of my favorite strategies for maximizing the points I earn on hotel bookings is to triple dip using my Chase Sapphire Preferred – which earns 2.14X points per $1 on all travel – the Ultimate Rewards online travel portal, which regularly offers points bonuses on top of the usual category spending bonuses at merchants including online travel agencies (OTA’s) like Travelocity and, and then also earning OTA loyalty program points or credit.

Right now, the Ultimate Rewards portal is offering a lucrative bonus of 5X extra points per $1 at, which adds up to a total of 7.49X points per $1 if I use my Sapphire Preferred to make the booking including the card’s annual 7% points dividend. Despite recent devaluations from partner programs including Hyatt and United, I still value Ultimate Rewards points at about 2 cents apiece, so in my estimation you’re earning about 15% back on your spending off the bat.

Ultimate Rewards is currently offering 5X extra points per $1 on bookings.

Ultimate Rewards is currently offering 5X extra points per $1 on bookings.

To get the bonus, be sure to log into your Ultimate Rewards account, then click on the Earn Faster tab and select Travel from the merchant categories, and you should find listed. Then simply click on and you should automatically be redirected to the site, where you can make your booking (just be sure to double check your statement at the end of the month and make sure your points were properly credited).

Not only that, but you can still earn Welcome Rewards, where for every 10 nights you book through you earn one night free at the average cost of your other 10 nights, which is a 10% “rebate”. When you take that into consideration, you’re earning a pretty impressive 25% back on your spending – a value that far outweighs any potential elite status benefits you’d earn by booking with your chain of choice (you forgo elite stay/night credit by booking through and not directly through the hotel).

That’s the other beauty of booking through, though – you don’t have to be loyal to a particular brand or chain to rack up those points and chase elite status by mattress running since you’re earning credit towards those free nights no matter where you book, and you are still raking in the Ultimate Rewards points by clicking through the shopping portal.

Earn 10% back on your spending with's Welcome Rewards program.

Earn 10% back on your spending with’s Welcome Rewards program.

I also like that’s 10% bonus is based on nights, not just stays, as well as the amount of money you spend, so you know you’re getting a constant, easily anticipated return on your spending. Not only that, but you can also book across chains and brands, giving you tons of flexibility. Unlike with many revenue-based airline frequent flyer programs, in this case a revenue-based hotel program can reap a consistent, good value from your travel spending.

To take a quick example, let’s say you had 10 hotel nights coming up with an average cost of $200 per night. After spending $2,000 on your stays, you’d have $200 credit with towards a future hotel stay as well as 14,980 Ultimate Rewards points, which I’d value at just about $300 for a total return of $500 in value back on your spending, which I’d say is pretty great.

Although you might still have some mattress running to do before the end of 2013, and I understand that some people derive more value from the personalized service and benefits of elite statys, if you’re all set for elite status qualification for this year, this could be a great deal to take advantage of. Or you can start booking 2014 stays if you have not yet determined your elite status strategy and are just looking for a decent return on your hotel bookings.

For more information, see these posts:

Maximizing Online Travel Agency (OTA) Loyalty Programs Free Nights and Elite Status

Triple Dipping with, Chase Sapphire Preferred and the Ultimate Rewards Shopping Portal

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

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  • Raj

    Why do you still value UR at 2c a point? This may translate to valuing AA at possibly over 2c per mile.

  • Scott

    A point to keep in mind…if you apply a discount code it will erase any Chase UR points that you are trying to get. I missed that fine print when making a booking recently. I applied a 10% discount and that did not allow me to get the 5x Chase UR points.

  • jasmine

    How do you still come to the value of ultimate rewards points at 2 cents after the devaluations with united and hyatt? Or are you stating that they are currently worth 2 cents until the devaluation occurs.

  • dlay

    Did this promo just start today? Ive been booking through that website like mad lately! Prefer the much easier redemption on it …also better than spreading earnings across diff chains to due to lack of availability and often hotel status are worthless…

  • Carl Cheng

    Can you use it to book flights? I know there are links on for flights, I’m just wondering if anyone has tried and if it applies because it looks like it redirects to a different domain name and template. Maybe better to just stick with travelocity when purchasing flights?

  • Carl Cheng

    Scratch that. I’m answering my own question from the fine print:

    “Not eligible on the purchase of travel packages, flights, or cars. Eligible on lodging only.”

  • Carl Cheng

    If you use a code that is in the Chase mall suggestions, it should be fine. 25OFFNOVEMBER is listed as a valid code.

  • alex

    what about the negatives of booking through 3rd party sites vs direct?

  • Ben Price

    25OFFNOVEMBER is a valid Chase UR code, so yeah, you’ll get the 5x points (Read the fine print at the bottom of page).

    What is of note, and definitely keep this in mind: IF you use a promo code, you will NOT get credit towards 10 qualifying Welcome Rewards nights. Very important to know this!!

  • Ben Price is great. Easily the best non-chain specific booking site. WR redemptions are awesome (10% & no blackout dates), plus the 2.14 UR make it a no-brainer.

  • dlay

    Checked in a Sheraton last night…they asked for Spg# and gave me (or they said they would) earning bonus.

    Checked in Westin tonight and they refused the Drink/Internet/Pts bonus because I “booked through an agent”

    So…who knows

  • Ven

    Hmmm….I currently have 7 stays through that expire end of February 2014. I’m planning a 7 night trip to Copenhagen, which has no SPG properties, so planning on booking non chain through This makes me feel better about book a night at my local SPG through to prevent the expiration just before I would hit the 10 night threshold. Thanks TPG!

  • pizzatester

    For a cancelable room, do you have to choose pay now, or can you pay later at the hotel? What if the 5 points goes away between booking and staying at the hotel?

  • Izzy

    I have this same question. To get the 5x. Do you need to pay at time of booking or can you pay at the hotel itself?

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