New Marriott Bonvoy Cobranded Credit Cards
Major changes are coming to the Marriott Rewards program, beginning with a new name. The Marriott Rewards program has been rebranded to Marriott Bonvoy. This new program now encompasses all three Marriott programs, including Marriott Rewards, The Ritz-Carlton Rewards, and SPG. The SPG/Marriott Rewards branded cards are being phased out and will now become part of the Bonvoy family. Lets take a closer look at all of the changes Marriott is making with both their American Express and Chase cards.
American Express Bonvoy Cards
Starting off with American Express, changes are being made to all three SPG cards. The entry level SPG Amex card will be changed to the Marriott Bonvoy American Express card, with a limited edition card design. This card is actually being phased out after February 12th, so in order to get this limited edition card, you need to apply before the cutoff date. There will be no change to the $95 annual fee, and all of the original benefits will stay the same.
The sign-up bonus for this card will be 75,000 points after a $3k minimum spend requirement in the first 3 months. However, there is a limited time offer of 100k points- 25k points for every $25k you spend on the card in the first year. You must spend the $25k to earn the bonus. If you only spend $24k you will not receive the bonus points. I’m not sure how many people will actually be able to meet this spending requirement, but its worth mentioning in case you can put that much spend volume on the card.
Next we have the SPG Luxury card, which will be rebranded to the Marriott Bonvoy Brilliant Amex card. Marriott will actually be adding a perk to this card, a $100 property credit for qualifying charges at Ritz-Carlton or St. Regis hotels when you book direct using a special rate for a 2 night minimum stay. This credit will go into effect March 28, 2019. The $450 annual fee and all other benefits will remain the same. In case you are interested, the new card design will be metal, joining other premium metal travel cards such as the American Express Platinum and Gold cards. Check out my review of the SPG Luxury card for more details on how it stacks up in the premium travel card landscape.
There will be a limited time sign-up bonus from February 13th to April 24th of 100k points after a $5k minimum spending requirement in the first 3 months.
Finally we have the SPG Business card, soon to be known as the Marriott Bonvoy Business Amex card. The annual fee for this card will actually be raised to $125. If you decide to apply before March 28th, the annual fee will be waived for the first year, then $95 per year. So if you were eyeing this card at all, make sure to apply before the March 28th deadline to receive the discounted annual fee. All other benefits will remain the same, plus the chance to earn an additional free night award after spending $60k on the card.
Similar to the Bonvoy Brilliant card, this card will offer a sign-up bonus between February 13th and April 24th of 100k points after a $5k minimum spending requirement in the first 3 months.
Chase Bonvoy Cards
Moving over to the Chase side, we have a few changes coming as well. First we have the new Marriott Bonvoy Boundless card, previously known as the Marriott Rewards Premier Plus card. The Boundless card will now be the only entry level Marriott card between American Express and Chase. There will be no changes made to this card, but it will offer the same 100k sign-up bonus as the Bonvoy Business Amex card, starting on February 28th.
The Marriott Premier Plus Business card will be phased out after February 12th. Current cardholders will receive the newly designed Marriott Bonvoy Premier Plus Business card and receive all of the same benefits and annual fee of $99. This card will also be offering a chance to earn a second night free award after spending $60k on purchases. This free night will be valid for one-night hotel stay at a property with a redemption level up to 35k points. If you want this card, make sure to sign up before the February 12th cutoff date.
Until the card is phased out, the sign-up bonus will remain 75k points after $3k MSR in the first 3 months.
Finally we have the Ritz-Carlton Rewards card receiving a name change to the Ritz-Carlton Credit Card from JPMorgan. This card has been closed to new applicants since July 2018, and aside from the name change and new card design, no big changes are being made. The card will be adding the same $100 credit that is also coming to the Bonvoy Brilliant Amex card.
This is a huge change to the current landscape of Marriott credit cards, and signals a new beginning for the Marriott Bonvoy program. It is clear that both American Express and Chase had to sacrifice some products in this change, Amex lost the entry-level personal card while Chase lost the business card, but its clear both companies wanted to keep strong ties with Marriott. It is nice to see that most cards will be keeping their benefits and in some case adding a few, I was honestly expecting some of these cards to lose some value after the rebranding process.
It will be very interesting to see how the Marriott Bonvoy program performs over the next few months and years and what additional changes will be coming to these cards.
What are your thoughts on the new cards and the Marriott Bonvoy program as a whole? Comment down below and let me know!
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