Savoy Palace

Updated

4 stars · Funchal, Portugal

Savoy Palace is one of 2 Edit by Chase hotels in Funchal. Its typical nightly Chase Travel rate is $467, fees included.

The Edit perks and credits only apply when you book in Chase Travel: sign in to Chase, open Travel and search for Savoy Palace. Opens chase.com. We’re independent and not affiliated with Chase.

Independent site. Not affiliated with or endorsed by JPMorgan Chase & Co. or the hotel.

  • $467Typical nightly rate
  • FebruaryCheapest month, $332
  • $326Lowest night, Dec 9, 2026
  • $250 offEdit credit, no double
  • 4 starsHotel class
  • Since Jan 2026On The Edit, checked Nov 13

What an Edit booking here includes

What a prepaid Chase Travel booking here gets you.

The Edit benefits

  • Daily breakfast for two

    Every morning of the stay

  • $100 property credit

    Once per stay

  • Room upgrade

    When available

  • Early check-in

    When available

  • Late checkout

    When available

  • Free Wi-Fi

    Included

The $250 Edit credit

  • Cheapest two nights ending by Dec 31: check in Wed, Dec 9 at $326 a night, about $402 after the $250 Edit credit.
Two nights at $467
$934
Edit credit
−$250
You pay about
$684

For a prepaid Chase Travel stay of two nights or more. It uses one of your two $250 Edit credits for the year; this isn’t a double-credit hotel, so there’s no second $250.

Check the rate first

Chase Travel often charges more than the hotel’s own site, so compare before you book. If you find it cheaper within 24 hours of booking, ask Chase for a price match: it has to beat their price by more than $5 a night, for the same room and refund terms.

Compare prices

When Savoy Palace is cheapest

Savoy Palace runs lowest in February, January and November, with February the cheapest at a $332 median a night, and highest in August at $631.

  • January: $349 median a night, one of the cheapest
  • February: $332 median a night, one of the cheapest
  • March: $375 median a night
  • April: $404 median a night
  • May: $459 median a night
  • June: $477 median a night
  • July: $582 median a night
  • August: $631 median a night
  • September: $530 median a night
  • October: $492 median a night
  • November: $367 median a night, one of the cheapest
  • December: $378 median a night

These are medians of the Chase Travel rates for two-night stays starting on each day of the coming year, from 348 dates on our last check.

What guests say about Savoy Palace

What Sapphire Reserve cardholders have shared on Reddit about booking here, summarized in our own words. We haven’t stayed here ourselves.

Booking tips from cardholders

  • Looking at this hotel's listing for May 22-24, 2026, they found that the free cancellation shown applies only to the Pay Later option, while the Pay Now rate is non-refundable. They called the layout confusing.

    u/Environmental-Bar847 on r/ChaseSapphire, January 2026 · Read the thread ↗

  • They and their partner each booked back-to-back stays here with their 2025 Edit credits, and the booking screens showed free cancellation, but the confirmations said non-refundable. The hotel told Chase it only sells non-refundable rates through the Edit, and weeks of calls had not produced a fee-free cancellation, so they warn others to read the policy details before paying.

    u/Head-Local8188 on r/ChaseSapphire, January 2026 · Read the thread ↗

Last-minute Edit deals in Portugal

When an Edit hotel in Portugal drops well below its usual Chase Travel rate for a stay in the next few weeks, we’ll email you. The weekly deals email is taking a short break right now. Join now and you’ll get the next one as soon as it’s back.

This weekend’s best Edit deals, ranked by how far each stay falls below the hotel’s usual rate.

Free. Unsubscribe anytime. We never sell or share your email. Privacy

Questions about Savoy Palace on The Edit

Is Savoy Palace part of The Edit by Chase?

Yes. Savoy Palace is on The Edit by Chase Travel list as of our November 13, 2026 check. A prepaid Chase Travel booking here gets the Edit benefits: daily breakfast for two, a $100 property credit, an upgrade when available, and early check-in and late checkout when available.

How much does Savoy Palace cost on Chase Travel?

Its typical nightly Chase Travel rate is $467, fees included: the median of the rates for two-night stays across the coming year. By month, the median runs from $332 in February to $631 in August. These are planning figures, not live quotes; check the rate on Chase Travel for your dates.

Does Savoy Palace qualify for the Chase double credit?

No. It is not in the 2026 select-hotel credit program, so a stay here can use the $250 Edit credit but not the second $250. The double credit hotels page lists the ones that are.

When is the cheapest time to book Savoy Palace?

February has the lowest median Chase Travel rate here, $332 a night, followed by January and November. August is the priciest at $631. The single lowest nightly rate on our last check was $326, for a two-night stay from December 9, 2026.

Rates are medians of Chase Travel prices, fees included, for two-night stays starting on each day of the coming year; planning figures, not live quotes. How we build this data. “Compare prices” opens Google’s hotel search, which shows what other sellers charge. We earn nothing from it, from Chase Travel bookings or from card applications.

Tools for your Sapphire Reserve credits