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The Travel Rewards Optimizer series on credit card families resumes. Today, we discuss five Marriott Bonvoy card options including two with benefits that can cover the annual fee year after year. #budgettravel #marriottbonvoy #amex #americanexpress #chasebank #creditcards #creditcard #marriotthotels

New benefit alert! Chase and Marriott International have launched an enhanced version of the Marriott Bonvoy Bold Credit Card (the no-fee version of the Bonvoy card) and the announcement leads with a NEW TRAVEL NOW, PAY LATER benefit. ✈Travel Now, Pay Later: Cardmembers can break up travel purchases into equal monthly payments, with no interest and NO PLAN FEES for purchases between $100 to $5,000 made directly with an airline or at hotels participating in Marriott Bonvoy. 💡Similar but different. My Chase Plan was launched in 2020 to enable cardmembers to set up payment plans from 3-24 months and was subsequently rebranded as Chase Pay Over Time. Travel Now, Pay Later takes that branding one step further to make it a relevant benefit for the travel sector. The difference here is that the new Travel Now, Pay Later benefit for Bonvoy Bold has no plan fees for purchases at Marriott hotels or directly with airlines. Other purchases incur the usual monthly Chase Pay Over Time plan fee of 1.72%. Is Marriott picking up some of the tab or is this a co-brand partner value-add from Chase? 💡💡Financing takes center stage. It's notable to see this new financing benefit take center stage in a travel card offer, placed right up there alongside the other new benefits of 2X points on grocery/rideshare/streaming and automatic Silver Elite status. BNPL continues to grow with 1 in 5 consumers saying they plan to use it to make purchases and travel is somewhat unchartered territory. By launching this new feature Chase can take advantage of the opportunity and counter competition from fintechs like Upgrade, Inc. whose travel-focused Uplift brand already offers "travel now, pay later" with Southwest, another Chase co-brand card partner. #newbenefitalert #cobrand #marketing #travel #hotels #creditcard #comperemediaemployee Comperemedia Mintel

Best Credit Cards For Travel And Cash Back Of May 2024 https://ift.tt/pkGlAsz A Forbes Advisor favorite, the Chase Sapphire Preferred® Card has just about everything you could want in a travel and cash-back card. If your priority is cash back, Chase Ultimate Rewards® points can be redeemed for one cent per point. But you can also use your points to book travel through the Chase portal, at a 25% increase in value. Or you can transfer your points to partner travel loyalty programs like United Airlines, Air Canada Aeroplan or Air France/KLM to reap even better value. Rewards: Earn 5 points per dollar on travel purchased through Chase Travel℠, 3 points per dollar on dining, select streaming services, and online grocery purchases (excluding Walmart, Target and wholesale clubs), 2 points per dollar on all other travel purchases and 1 point per dollar on other purchases. Welcome offer: Earn 75,000 bonus points after spending $4,000 on purchases in the first three months from account opening. Annual fee: $95 Other benefits and drawbacks: A $50 annual statement credit for any hotel purchase made through Ultimate Rewards is an easy-to-use benefit that helps offset the annual fee. Combine this with a comprehensive suite of travel and purchase protection benefits and a modest annual fee and you’ve got a winner. Finance via Forbes Advisor https://ift.tt/tc41o8b May 24, 2024 at 10:06AM

Did you know the average American has $6,354 in credit card debt? Yet savvy credit card users rack up millions of free travel miles every year. But how do they do it?? By strategically leveraging credit card rewards programs. The power of strategic credit card usage changed my life. Now I want to share 5 credit card tips with you so you can travel for free too! 👉 Sign up for a travel rewards credit card. Look for ones that offer a large sign-up bonus of 50,000 points or more to help you earn free travel faster. Make sure to meet the minimum spend requirement to earn the full bonus. 👉 Put everyday spending on the new travel rewards card. Groceries, gas, dining out - it all racks up points quickly. Set up autopay so you never miss earning rewards. 👉Pay your credit card bill in full each month by settting up autopay. This avoids interest charges which negate the value of rewards. 👉 Transfer points to airline/hotel loyalty programs. Programs like Chase Ultimate Rewards let you move points to multiple partners. Compare transfer ratios. 👉 Book award travel. Use points from signup bonuses and spending for free flights, hotels, cruises. Be flexible with dates/destinations to get the BEST deals! Interested in my TOP credit card recommendations? Check out our website!

Today's Travel Rewards Optimizer post discusses four Delta credit cards offered by American Express. These cards have recently been "refreshed" meaning new benefits (and, of course, new annual fees). #budgettravel #creditcard #DeltaAirlines #AmericanExpress

New Post: Is This the Year I Should Use My Points to Travel? - The question of whether to save or to spend miles takes on new urgency this year as lawmakers consider the Credit Card Competition Act. The legislation targets transaction fees — usually 2 to 3 percent of a sale — that retailers pay to credit card companies such as Visa and Mastercard. The fees are partially used by the companies to run loyalty programs that award points to cardholders that can be redeemed for things like flights and hotels.The act proposes allowing retailers to choose a cheaper system that would reduce the fees. Critics, including banks and airlines, which make billions selling co-branded credit cards, maintain that a cheaper system, backed by retail giants like Walmart and Target, would upend rewards programs.Whether the legislation will succeed is unknown.“This has been one of the biggest lobbying battles of all time, pitting two huge industries, retail versus banking,” said Brian Kelly, the founder of the Points Guy, a travel site that helps users maximize reward points and opposes the act.Does the legislation threaten your points? Not immediately, said Leigh Rowan of Savanti Travel, a personal travel management service. “Assuming it passes, we still have a long runway ahead between then and when the bill will be enacted,” he said. “There’s not a rush to do anything in 2024.”Still, experts perennially advise spending over saving points.“Never hoard,” said Mr. Kelly, explaining that airlines and hotels have the leeway to change their redemption values overnight, and to keep up with the growth of points, they tend to increase the total needed to get a flight or hotel room. “Over time, the points you have today generally lose value.”Mr. Rowan suggests diversifying your credit cards by switching from one airline card, for example, where you can only redeem points with that airline, to a more robust card like the Chase Sapphire Preferred card that has redemption partnerships with multiple airlines, hotels and rental car companies.“Diversification will help regardless, but especially if this act goes through,” Mr. Rowan said. #Year #Points #Travel https://lnkd.in/dH8UY4aN

Choosing the Perfect A to B Credit Card In today’s competitive credit card market, finding the perfect A to B credit card can be devastating. With so many options available, it’s crucial to understand what you need to know before deciding. Whether you’re a regular traveller looking for a card that offers travel rewards or a responsible client searching for a low-interest card, we’ve got you covered. We’ll break down the key factors to consider when comparing credit cards, such as interest rates, annual fees, rewards programs, and more. But it’s about more than just the technical features. We want to help you find a credit card that aligns with your lifestyle and values. Are you a foodie? We’ll highlight cards that offer dining perks. Do you enjoy concerts and events? We’ll point you toward cards that offer exclusive entertainment benefits. https://lnkd.in/g9tUGH4F #creditcards #linkedin #linkedinpost #America #business #atobcard

Have you heard of the 4 lac credit card? No, it doesn’t cost ₹4 lacs to get the card 💳 So what is it? We’re talking about the American Express platinum travel, nicknamed so by credit card enthusiasts. Let’s see why If you Spend ₹100, you get 2 MR (Membership reward) points, roughly 1MR = ₹0.75 - ₹1, if you convert to the right places (more on this ⬇️) so is it just a 2% return? No❗️ Things get interesting when we factor in the milestone rewards we get on spends 💸 When you reach spends of ₹1.9 lacs, you get 15000 MR points Similarly, at ₹4 lacs, you get 25000 MR points and a Taj voucher worth ₹10K Adding this to the 2% return, it becomes quite a profitable proposition. i.e 48K MR points + 10K Taj voucher Here’s a suggestion: Convert your MR points to 🎯 Marriott Bonvoy or 🎯 Hilton Honors since it gives you a 1:1 conversion You can expect the value of these points to be anything between 0.75 to ₹1 making the 48K points worth ₹30K at the minimum. There are other conversion options as well including a bunch of airlines and shopping vouchers but the conversion ratios are significantly lower 📉 ₹30K + TAJ voucher → easily making more than a 10% return 🤯 Even if you don’t include the joining rewards, lounges, and other perks Making this card an absolute winner 🏆 That’s it, spend 4 lacs on this card, switch to another card for other spends and you can generate the most optimal returns 💰 Follow Aditya Agarwal for more credit card-related content! PS: You get half of the milestone reward points directly and for the remaining you have to call Amex Support 📲 #creditcards #finance #rewards #personalfinance

If you're looking to maximize your travel rewards, you're probably considering these two popular options. But which one comes out on top? Chase offers more ways to earn points, including cash back cards that can be converted to Ultimate Rewards. But Amex has more premium card options and better shopping portal earnings. When it comes to redeeming points, both programs offer transfers to hotel and airline partners, but Amex points have a slightly higher average value. So, which one is right for you? Let us know in the comments! https://lnkd.in/gpByX_dj . . . . #travelrewards #chaseultimaterewards #americanexpressmembershiprewards #pointstravel #travelhacking

Here is a summary of the information provided in the given text, written in a professional tone and structured as a blog post: Title: 5 American Express Cards Worth Considering As a Credit Specialist, I'm often asked about the best credit cards to use, especially when it comes to American Express. While some people may be hesitant to pay the high annual fees associated with certain Amex cards, I believe there are several options that offer valuable benefits. The first two cards I recommend are the American Express Blue Cash and the American Express Business Plus. These are both revolving credit cards, meaning you don't have to pay the full balance each month. The Blue Cash card offers a $250 statement credit after spending $3,000 in the first three months, while the Business Plus card provides 15,000 points for spending $3,000 within the same timeframe. Next, the Marriott Bonvoy card is an excellent choice for frequent travelers. You can earn up to 150,000 points by spending $6,000 over a 6-month period, which is equivalent to about $1,000 per month – typically a car payment or rent for many individuals. The Hilton Honors card is another travel-focused option, offering 75,000 points for spending $3,000 within the first 6 months. While the spending requirement is higher at $3,000 per month, the rewards can be valuable for those who stay at Hilton properties. Lastly, the American Express Green Card and the Gold Delta SkyMiles Card are two additional options worth considering. The Green Card provides a 60-day interest-free period, while the Gold Delta SkyMiles Card offers 50,000-55,000 bonus points for spending $4,000 in the first 6 months, making it an attractive choice for travelers. Remember, when using American Express cards, it's important to be mindful of your spending limits and avoid triggering a financial review, which can require providing additional documentation. By understanding the nuances of these cards, you can maximize the benefits and take advantage of the valuable rewards they offer. #CreditCards #AmericanExpress #Travel YouTube Source: https://lnkd.in/gE2gEhUT YouTube Channel: https://lnkd.in/g2p2ARHx Related Content: https://lnkd.in/gmw4SsKm https://lnkd.in/gPFpM_yT https://lnkd.in/gWtGHEe4 https://lnkd.in/gSDdrSz7 https://lnkd.in/gSmVud2m https://lnkd.in/gF2XJrcc