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Amex Offers: Spend $500 get $100 with Preferred Hotels

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We may receive a commission when you use our links. Monkey Miles is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com and CardRatings. This relationship may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. Monkey Miles is also a Senior Advisor to Bilt Rewards. Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.


Amex Offers: Preferred Hotels

Preferred Hotels is a group of over 650 independently owned and operated luxury hotels around the world that are held to a 1600 point inspection to insure a high standard across the membership.  I had the pleasure of staying at the Hotel Bennett in Charleston via Amex Fine Hotels and Resorts. It was a fantastic stay in the heart of one of America’s most historic and vibrant seaside towns and I’d go back in a heartbeat. Let’s take a look at the current Amex Offer for Preferred Hotels

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Amex Offers and why I keep 10 Amex cards.

We have an entire post dedicated to Amex Offers, how they work, and why you can easily earn back your annual fee in statement credits or points. You can read it here.

Here are the 10 American Express Cards that I keep, why we have them in our wallet, and recommend your consideration. Amex Offers are incredibly valuable for any member and how we earn back tons of points and credit every year, but also remember that you can earn referral bonuses on each and every card you carry ( go here  ). It’s how we earn over 1M+ points a year without spending a dime.

Spend $500+ get $100 back with Preferred Hotels

  • Offer runs until 6/30/24
  • Must spend $500+ in one or more transactions
  • US based cardmembers
    • valid in Africa, Asia & Pacific, Caribbean, Europe, and North America
  • Must book via  preferredhotels.com, via the I Prefer app or by calling 1-866-990-9491
  • Room and room charges only

Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

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Affiliate LInk

Chase Sapphire Preferred® Card


4.8
4.8/5
The Chase Sapphire Preferred® is a great starter card that earns Premium Ultimate Rewards that can be transferred into over a dozen partners many of which are US based including Hyatt, Southwest, United, IHG, and Marriott.

Welcome Offer

Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. 

Annual Fee

$95

Points Earned

Transferrable Chase Ultimate Rewards

  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
    • That’s $750 when you redeem through Chase Travel℠
  • 5x on all travel purchased through Chase Travel℠
  • 3x on dining, including eligible delivery services for takeout & dining out
  • 3x on select streaming services
  • 3x on online grocery purchases
    • (excluding Target, Walmart and wholesale clubs)
  • $50 Annual Chase Travel Hotel Credit via Chase Travel℠
    • The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
  • 2x on all other travel
  • 10% Anniversary Bonus
    • Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
  • Chase Sapphire Preferred continues to redeem at 1.25c in the Chase Travel℠ and the slew of other benefits remain in tact including Auto Rental Collision Damage Waiver ( primary ), purchase protections, etc.
  • Points are transferrable to 14 Ultimate Rewards partners
  • Redeem in Chase Travel℠ for 1.25 cents per point
  • No foreign transaction fees
  • Suite of Travel and Purchase Coverage
    • Auto Rental Collision Damage Waiver is my favorite
  • Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024
  • $95 Annual Fee

We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.

Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.

Main Cast: 

Cards that earn flexible points and should be used on the bulk of your purchases.

Supporting Cast:

Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on. 

The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.

If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex®  and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners

Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.

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.

5 Comments

  • Maria March 23, 2024

    I’ve got a referral link for the Amex Gold if you’d like to use it!

    The 90k points welcome offer pops up in incognito/private mode for your browser ◡̈ and also 20% back on restaurants for the first 3 months!

    Here’s my referral link! https://americanexpress.com/en-us/referral/MARIAD2fYF?xl=cpzz5

    THANK YOU!!

  • […] the Reserve, Amex has upped their game with Amex Offers. Not too long ago I posted a list of Amex Offers discounting hotels, another that gave 20k bonus points for purchasing $200 in email, and now this spend $50 get $50 at […]

  • 02nz June 18, 2017

    There’s also a Hilton Garden Inn/Hampton Inn offer ($35 off $175) that showed up on just about all of my AmEx cards, although I don’t know if it still shows if you haven’t already added it to your account. The best part (and I think many people don’t realize this) is to use the multiple browser window trick to get the same offer on multiple accounts and use split payments to take advantage of the same offer on those cards (e.g., for a $525 stay at HGI/Hampton, get the $35 discount three times).

    • Nancy June 18, 2017

      How do you split payment?

      • Miles June 18, 2017

        Upon Check out…you could split the payments between the various cards you have the offers linked on 🙂

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