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Chase and Marriott are out with their new consumer credit card. In the new Marriott program Chase will be the exclusive issuer of the broad based consumer credit card, and they’ve made several changes to their new product compared to the old one in order to make it more rewarding.
- Big signup bonus. 100,000 points after $5000 spend on purchases in the first 3 months of cardmembership. That’s a great bonus to launch the card, and no I do not know how long this offer will last.
- Annual free night and it’s better than the one that came with the old card, too. The earlier free night was valid up to category 5, a room that would cost up to 25,000 points. This new card gives you an annual free night after each account anniversary valued for hotels which cost up to 35,000 points. That means it’s good for hotels which are in the first five out of an initial seven categories.
Le Meridien Chiang Rai
- Best way to earn Marriott points. The old Marriott card only earned one point per dollar. This one earns two points per dollar. That’s the same earn that American Express will offer on the legacy Starwood card and on the new Luxury card. It’s also double the rate that Chase’s Ultimate Rewards cards transfer to Marriott at. I don’t think 2 Marriott points is the best you’ll do on unbonused spend by any means, but there’s not going to be a better way of earning Marriott points for spend and this Visa will play a role.
Le Meridien Barcelona on Las Ramblas
- Help towards elite status. The card comes with automatic Silver status. Starting next year you’ll receive 15 elite nights every year as a cardholder, helpful if you’re trying to earn Platinum or even 75 night status. Spending $35,000 in purchases on the card in an account year earns Gold status.