First, new cardholders will obtain a helpful sign-up bonus: “Earn 100,000 points after spending $3,000 in the first three months from account opening.” NerdWallet values Marriott factors at 1 cent every, making this introductory bonus price roughly $700 when used towards resort stays.
But the card can also be completely beefing up rewards for new and present cardholders alike.
More rewards for on a regular basis spending classes
The resort chain’s mid-tier $95-annual-fee card will supply cardholders 3 factors per $1 spent in the following classes, on as much as $6,000 in collective spend per yr:
Previously, the card earned 6 factors per $1 spent at Marriott accommodations and a pair of factors per $1 spent on all different eligible purchases.
Earn elite evening credit
Cardholders will now earn one elite evening credit score per $5,000 spent on purchases on the card. Marriott’s metric for incomes elite standing, elite evening credit are sometimes earned by way of resort stays. The Marriott Bonvoy Boundless® Credit Card robotically offers 15 elite evening credit per yr, together with computerized Silver Elite standing. But this new perk offers cardholders one other avenue to earn elevated standing simply by way of bank card spending.
Marriott loyalty program adjustments coming quickly
These card adjustments come roughly a month earlier than Marriott will make a transition to dynamic pricing for rewards nights. Currently, the resort chain makes use of an award chart to set the costs for room redemption choices.
Once this change occurs, the quantity of factors you will want for reward nights is not going to be primarily based on a regular charge in keeping with the resort class. Instead, resort reward choices will look extra like the corresponding money value, in keeping with an e mail from Marriott. That means it may very well be more durable to know what number of factors you will want to save lots of up to be able to redeem for the resort keep you need.
The resort chain’s present redemption award chart will go away someday in March, however practically all accommodations are anticipated to remain of their present rewards pricing vary by way of the finish of 2022, in keeping with that very same e mail.