Marriott Rewards Visa is a great deal!!! (only if you like $1000 in free hotels stays)
For the readers that have been shy about getting Amex cards – here is a Visa card to get with a huge sign-up bonus for spending on it once! Try this card if you are worried about Amex – this will convince you credit card perks are pretty sweet.
Thanks to Pointshogger for pointing this out.
For those of you that love credit card sign-up bonuses and don’t like Amex – here is a great card and great deal.
When you get the Marriott Rewards Visa you get 50,000 points after your first purchase AND 1 free night stay at a Cat 1-4 hotel which can be worth over $150 in itself!
What do 50,000 Marriott points get you?
Well, I did a sample of different classes of hotels in the Toronto area and found an average point value of .008 cents per points or a rough value of $400. Plus the free night bonus!
So…this bonus is worth about $550 in hotel stays, plus or minus $100 or so…or is it…read on!
The first year annual fee of $120 is waived the first year too.
Another great thing about this is after you stay 4 consecutive nights, your fifth is free – the following example is amazing.
As I am checking these numbers, I find that 6 nights in the Courtyard Toronto/Mississauga (10,000 points/night) would use up your 50,000 points with one free night in there – or cost you $908.00!!!
Or, if you want a FREE WEEK IN FLORIDA, I find that 6 nights in the TownePlace Suites St. Pete’s/Clearwater (10,000 points/night) would use up your 50,000 points with one free night in there – or cost you $867 US!!!
So, the best value for getting multiple hotel nights is in the lower Cat hotels, but you can always stay at the Ritz-Carlton Toronto for one night and use up all your points on luxury – it’s worth $545!
Any way you slice it, if you can use your points for an extended stay of 4-6 nights and use your free night stay bonus, you are at OVER $1000 IN HOTEL STAYS FOR FREE.
People are always asking me what a good credit card bonus is – “but not American Express” – well here you go – that is simply an awesome bonus.
Spend one time on it, get over $1000 in hotel stays if used wisely. Wow.