What is the $250 Chase Sapphire Reserve hotel credit? (November 2026)

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Quick disclosure: This guide reflects independent research by nextcard. Prices and Points Boost values are based on the dates checked and are not updated in real time. Rates, availability and credit eligibility may change at any time.
Here are the ten (10) lowest-priced Edit hotels across the dates we checked.
Hotel | Lowest nightly rate found | Example date | Average/night across checked dates | Min Stay Length |
|---|---|---|---|---|
InterContinental Madrid by IHG | $295 | 08/15/27 | $472 | 1 night |
The Edit statement credit requires a qualifying prepaid stay of at least two consecutive nights. Check the full stay price and booking terms for your dates in Chase Travel.
The following Edit hotels are also eligible for the Sapphire Reserve's 2026 $250 Select Hotels offer. Since this is separate from The Edit credit, a qualifying reservation can receive both credits on the same booking.
Both credits require a prepaid stay of at least two nights booked through Chase Travel.
Hotel | Brand |
|---|---|
InterContinental Madrid by IHG | IHG (InterContinental) |
See our Select Hotels credit guide for eligibility and booking requirements.
These Madrid Edit hotels currently have Points Boost rates of at least 2 cents per point (last checked: 11/11/26). At 2 cents per point, 25,000 points cover $500 of an eligible booking.
The following Points Boost rates are from a personal Chase Sapphire Reserve®:
Hotel | Points Boost | Last checked |
|---|---|---|
Casa de las Artes, The Melia Collection | 2¢ per point | 11/11/26 |
Gran Hotel Ingles | 2¢ per point | 11/11/26 |
Note: Points Boost rates can vary at any time. Use this information as guidance only!
If you have both a Chase Sapphire Reserve® and an eligible Amex card, these hotels give you another way to book using your card's hotel benefits. Seven (7) Edit hotels in Madrid also participate in Amex Fine Hotels + Resorts:
Four Seasons Hotel Madrid
Gran Hotel Ingles
Hotel Fenix, a Gran Melia Hotel
Palacio de los Duques Gran Meliá - The Leading Hotels of the World
Santo Mauro, a Luxury Collection Hotel
The Palace, a Luxury Collection Hotel, Madrid
Thompson Madrid, Part Of Hyatt
Explore these hotels and their nightly Amex rates in HotelMaxxer.
The Hotel Collection requires a 2-night minimum stay. Five (5) Edit hotels in Madrid are also part of The Hotel Collection:
Bless Hotel Madrid
Casa de las Artes, The Melia Collection
InterContinental Madrid by IHG
The Principal Madrid, Small Luxury Hotels
URSO Hotel & Spa
Explore these hotels and their nightly Amex rates in HotelMaxxer.
InterContinental Madrid by IHG had the lowest rate we found, at $295/night for 08/15/27.
InterContinental Madrid by IHG had the lowest rate we found among hotels eligible for both credits, at $295/night for 08/15/27.
With the personal Chase Sapphire Reserve®, we observed values of at least 2 cents per point at Casa de las Artes, The Melia Collection and Gran Hotel Ingles.
Thompson Madrid, Part Of Hyatt had the lowest Edit rate we found among hotels also in Amex FHR, at $360/night for 11/16/26.
Our list includes 13 Edit hotels in Madrid.
Thompson Madrid, Part Of Hyatt |
$360 |
11/16/26 |
$787 |
1 night |
URSO Hotel & Spa | $373 | 08/16/27 | $511 | 1 night |
Casa de las Artes, The Melia Collection | $380 | 01/17/27 | $550 | 1 night |
Bless Hotel Madrid | $383 | 12/10/26 | $541 | 1 night |
Hotel Fenix, a Gran Melia Hotel | $422 | 01/24/27 | $664 | 1 night |
Palacio de los Duques Gran Meliá - The Leading Hotels of the World | $506 | 12/01/26 | $731 | 1 night |
The Palace, a Luxury Collection Hotel, Madrid | $513 | 12/11/26 | $819 | 1 night |
The Madrid EDITION | $525 | 12/13/26 | $839 | 1 night |
Gran Hotel Ingles | $539 | 12/02/26 | $738 | 1 night |