Chase Updates the Welcome Bonus on the Marriott Premier Plus Card

Marriott Rewards Premier Plus Card

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For more information check out our Advertising Disclosure.

 

On Thursday, Chase and Marriott Rewards Updated the welcome offer bonus on the Marriott Rewards Premier Plus Credit Card. You will now get 2 Free Night Awards after spending $3,000 within the first 3 months of card membership. These free nights are capped at properties valued up to 35,000 points per night (Category 5 Hotels).

Click Here to get more information about the Marriott Rewards Premier Plus card. 

 

Benefits of the Marriott Rewards Premier Plus Card

Sign-Up Bonus – The card is offering 2 Free Night Awards after spending $3,000 within the first 3 months of card membership. These free nights are capped at properties valued up to 35,000 points per night (Category 5 Hotels). Click Here to get more information about the Marriott Rewards Premier Plus card. 

Free Award Night – Each year, after your account anniversary date, enjoy a free one night stay at a property with a redemption level of up to 35,000 Marriott Rewards points.

6X Marriott Rewards Points – For each dollar spent at all Marriott & SPG hotels.

2X Marriott Rewards Points – On all other purchases.

Silver Elite Status – Automatically receive Marriott’s Silver Elite status each year on your card account anniversary.

Gold Elite Status – Automatically receive Marriott’s Gold Elite status when you spend $35,000 on purchases each year.

15 Elite Night Credits – Earn 15 elite night credits towards status each year you hold the card (this benefit is coming in 2019).

Annual Fee – The card has an annual fee of $95 which is not waived for the first year of card membership. There are also no foreign transaction fees.

 

 

Click Here to get more information about the Marriott Rewards Premier Plus card. 

 

Our Analysis

This new welcome offer bonus is a devaluation from what it was previously offering. The card used to offer 75,000 Marriott Rewards points after spending $3,000 in the first three months. The new bonus is good for 2 free nights for use at properties costing up to 35,000 points a night (category 5) for a maximum benefit of 70,000 points.

Additionally, one of the biggest benefits to Marriotts program is the ability to transfer your points to over 40 partner airlines. Changing the welcome offer bonus to free nights instead of actual points is lost value in my opinion. The previous 75,000 point welcome bonus offer was good for at least 30,000 points in almost any airline of your choosing. This is a benefit that came over to Marriott via the SPG program after the merger and it was a reason I placed such a high value on SPG points.

Not to mention, Marriott offers a 5th night free on award bookings. That means with the old 75,000 point welcome offer bonus you could book 5 nights at a category 3 property, for example, and only pay for 4. This would cost you only 70,000 points. This option would be worth much more than 2 free nights at any category 5 hotel for many people, in my opinion.

 

The new Marriott/SPG Award Chart

 

You will also not be able to earn the new cardmember bonus if you previously earned a bonus on the Premier Plus card within the last 24 months. Further, make sure to read about the new restrictions for holding any Marriott/SPG co-branded credit cards.

Lastly, the card is subject to the Chase 5/24 rule, so this is something that needs to be considered if you do decide to apply.

 

Bottom Line

I am not a huge fan of this change. Offering free nights instead of actual Marriott Rewards points takes away two of the stronger points of the program. You won’t be able to use your welcome bonus points for airline transfers, nor will it provide any benefit for fifth-night free award bookings. Click Here to get more information about the Marriott Rewards Premier Plus card. 

The good news is the SPG personal card is still available for new applications, and you can still earn 75,000 Marriott Rewards points with this card. However, it will be discontinued for new applications sometime in early 2019.

 

Subscribe to our Newsletter, like us on Facebook, and follow us on Twitter & Instagram

 


Editorial Note: Any opinions, analyses, reviews, or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved, or otherwise endorsed by any card issuer.

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.

3 Responses

  1. Matt E says:

    I am currently Spire Elite with IHG and Gold with SPG (via credit card) but thinking about dumping the IHG Rewards for this card. Smart play or nah?

    • Nick Serati says:

      Why not keep them both? Both offer a free annual award night which more than justifies the annual fee.

      • Matt E says:

        fair enough. That was my initial thought but I havent been the biggest fan of some of the IHG properties Ive stayed at of late. And I am still not up to speed how the August 1st merger of Marriott Rewards/SPG are going to work (need to read up on it). I think I will get both. Thanks for making me come to my senses.

Leave a Reply

Your email address will not be published. Required fields are marked *