Things to Know Before Getting a Marriott Credit Card
Navigating the world of credit cards can be a daunting task, especially when considering a specific brand like the Marriott Bonvoy credit card. This credit card is a popular choice for frequent travelers, offering a range of benefits that can enhance your travel experience. It is affiliated with the Marriott Bonvoy loyalty program, which includes more than 7,000 properties in 131 countries.
The Marriott Bonvoy credit card is more than just a simple payment method. It is an access key to a world of travel benefits and rewards. However, as with any financial product, it is essential to understand the specifics before making a decision. This article will guide you through eight important things you need to know before getting a Marriott Bonvoy credit card.
Understanding the Benefits of a Marriott Bonvoy Credit Card
The first step in deciding whether to get a Marriott Bonvoy credit card is to understand the benefits it offers. One of the main advantages is the opportunity to accumulate points on everyday purchases, which can be redeemed for free nights at Marriott properties worldwide. Cardholders also enjoy automatic Silver Elite Status, which comes with perks like priority late checkout and bonus points on stays.
Additionally, the Marriott Bonvoy credit card provides a Free Night Award each year after your card anniversary. This is valid for a one-night stay at a property costing up to 35,000 points. Furthermore, you can earn additional Free Night Awards by spending $60,000 in purchases on your card in a calendar year.
The Cost of a Marriott Bonvoy Credit Card - Fees and Interest Rates
Like any credit card, the Marriott Bonvoy credit card comes with its own set of costs, including fees and interest rates. The card has an annual fee, which is waived for the first year. This fee can be offset by taking advantage of the card's benefits, such as the Free Night Award.
Interest rates on the Marriott Bonvoy credit card can vary depending on your personal creditworthiness. It's crucial to understand these rates and terms before applying, as high-interest rates can quickly offset any benefits earned through the card's rewards program. Remember to always pay your balance in full each month to avoid accruing interest.
How to Earn Points with the Marriott Bonvoy Credit Card
Earning points with the Marriott Bonvoy credit card is straightforward. Cardholders earn six points for every dollar spent at participating Marriott Bonvoy hotels. Additionally, they earn two points per dollar spent on all other purchases. This includes everyday expenses like groceries, gas, and dining, making it easy to accumulate points without altering your spending habits.
Moreover, the card offers a generous welcome bonus for new cardholders who meet a certain spending threshold in the first three months. This bonus can give your points balance a significant boost, providing an early opportunity to start redeeming rewards.
Understanding Marriott Bonvoy Credit Card’s Reward System
The Marriott Bonvoy credit card's reward system is tied to the Marriott Bonvoy loyalty program. Points earned through the credit card can be redeemed for free nights at Marriott properties, with the number of points required varying depending on the hotel category and the time of booking.
In addition to free nights, points can also be redeemed for travel experiences, such as cooking classes with world-renowned chefs or tickets to exclusive concerts. Alternatively, points can be transferred to a range of airline partners at a favorable rate, providing flexibility for cardholders who prefer to redeem points for flights.
Things to Consider Before Applying for a Marriott Bonvoy Credit Card
Before applying for a Marriott Bonvoy credit card, it's important to consider whether it aligns with your spending habits and travel goals. If you frequently stay at Marriott properties and want to enhance your travel experience, this card can offer significant value. However, if you prefer flexibility in choosing hotels or travel infrequently, a general travel rewards credit card might be a better fit.
Consider your ability to meet the spending requirement for the welcome bonus. This bonus provides a significant number of points but requires a certain level of spending in the first three months. Ensure you can comfortably meet this requirement without overspending or carrying a balance.
How to Apply for a Marriott Bonvoy Credit Card
Applying for a Marriott Bonvoy credit card is a straightforward process that can be completed online. You will need to provide personal information, including your name, address, and social security number. You will also need to provide financial information, such as your annual income.
Upon submitting your application, you may receive an instant decision. However, in some cases, it may take a few days for your application to be reviewed. If approved, you will receive your card in the mail, typically within 7-10 business days.
Managing Your Marriott Bonvoy Credit Card Online
Managing your Marriott Bonvoy credit card online is easy and convenient. The online portal allows you to check your balance, make payments, view your points balance, and redeem rewards. You can also access a range of tools and resources to help you maximize your card benefits and manage your account effectively.
Setting up online access is simple. You will need to create a username and password and provide some basic information to verify your identity. Once set up, you can access your account anytime, anywhere, making it easy to stay on top of your finances.
Conclusion
The Marriott Bonvoy credit card is an excellent tool for frequent travelers, offering a range of benefits and the opportunity to earn rewards on everyday spending. However, as with any financial product, it's important to understand the specifics before making a decision. By considering the points outlined in this article, you can make an informed decision about whether the Marriott Bonvoy credit card is the right fit for you.
Do you have unpaid credit cards?
Gauss money can help pay off your credit cards easily. Pay off any credit card balance using a low-interest credit line from Gauss. You’ll save with a lower APR and you can pay off balances faster. Gauss offers no annual fees, no origination fees, and no fees of any kind. Check out Gauss for a lower APR today to maximize your credit cards.
Additionally, use tools like the credit card payoff calculator to visualize your progress overtime, and get insights into how much you should put towards your debt to achieve your debt free date. Our debt payoff calculator and debt tracker is 100% free to use via our website or our mobile app.