Chase recently announced a 100,000-point sign-up bonus for its Marriott Rewards Premier card.
Update: This offer is no longer available through our site.Chase has launched into the travel season early by aiming for the sky with a just-announced massive boost to the sign-up bonus for its Marriott Rewards Premier card.
The 20,000-point boost takes the card’s sign-up bonus to an all-time high of 100,000 points.
New cardholders can earn the 100,000-point bonus by spending $5,000 on the card in the first three months of membership. On top of that, if you add an authorized user who makes a purchase on the card in the first three months, you can earn 7,500 points, raising the total bonus to 107,500 points.
Inflated rewards rate
Take that whopper of a bonus with a grain of salt, though: Marriott Rewards points are slightly inflated (as is the case with most hotel rewards points). We estimate Marriott Rewards points to be worth about .8 cents per point, or about 80 percent the value of the average rewards card’s point, which means – if you compare apples to apples – the value of the Marriott Rewards Premier’s sign-up bonus is more on par with an 80,000-point bonus.
That 80,000 number is still huge. By our estimates, this is one of the most valuable sign-up bonuses currently available.
Note, though, that the spending requirement to earn the bonus is steep. Some cardholders may have a difficult time charging $5,000 in a three-month period. If you are looking for a sign-up bonus with a lower threshold, you should check out the American Express Hilton Honors and Hilton Honors Surpass cards, which just added 80,000- and 100,000-point bonuses.
One of the largest hotel networks in the world
The Marriott portfolio encompasses one of the largest hotel networks in the world – from Courtyards and Fairfield Inns to higher end Marriott hotels and newly acquired Starwood hotels – so your Marriott points can take you a lot of places. A 100,000-point bonus, for example, can get you two nights at a luxurious category 9 hotel (e.g., the French Leave Resort in the Bahamas) or seven to 10 nights at a more moderately-priced Fairfield Inn.
The Marriott card has an $85 annual fee, but the card automatically qualifies you for silver elite status in the Marriott loyalty program and other benefits, including:
- 5 points per dollar on Marriott hotel stays.
- 2 points per dollar on car rentals and directly purchased airfare.
- 1 point per dollar on all other purchases.
- An annual free night at a category 1-5 Marriott hotel.
- Free fifth night each time you book four nights in a row.
- No foreign transaction fees.
- A 20 percent bonus on Marriott base points.
- Early check-in and late checkout.
- 15 credits toward gold status every year as well as one credit toward gold status for every $3,000 in purchases.
Note that, since this is a Chase card, new applicants may be subject to Chase’s “5/24” rule: Cardholders who have opened five new credit accounts in the past two years may not be approved for the card.
The content on this page is accurate as of the posting date. Please see the bank’s website for the most current version of the offer.