Chase Marriott Premier Credit Card Review (Discontinued) (2018.5 Update: Upgrade and Get 10k~50k Bonus Points!)

Chase Marriott Rewards Premier Credit Card Review

2018.5 Update: Now you can upgrade this card to the new Chase Marriott Premier Plus. You can earn 10k~50k Marriott points after making one purchase before 2018.12.31. The number of bonus points may vary by people (YMMV).

Application Link

  • This card no longer accepts new applications. If you are lucky to have this legacy credit card, you can still enjoy its original benefits.

Benefits

  1. 75k offer + first year annual fee waived: earn 75,000 Marriott Points after spending $3000 in 3 months. The best offer is 100k+7.5k offer, you can wait for the highest sign-up bonus if you are not in an urgent situation.
  2. Marriott point can be transferred to the most flexible and valuable points — SPG points instantly in both directions at a ratio 3:1. We estimate that Marriott points are worth about 0.8 cents/point, see below for a brief introduction. So the 107.5k highest sign-up bonus is worth about 860!
  3. After each anniversary date, you will be credited a free night (FN) available for category 1-5 at Marriott.
  4. Earn 5x points at Marriott and Ritz-Carlton. Earn 2x at restaurant, car rental and airlines. All other purchases earn 1 point per dollar spent.
  5. Complimentary Marriott Silver status.
  6. Earn 15 elite nights each account membership year (elite nights are for status, not free nights); 1 more elite night for every $3,000 spending.
  7. No foreign transaction fee.
  8. Refer a friend (targeted): You can earn 5,000 bonus Marriott points for every approved account you refer, up to a maximum of 10 approved referrals (50,000 Marriott points) per calendar year.

Disadvantages

  1. Annual fee $85, waived for first year.
  2. Free night is only valid for one year.

Introduction to Marriott Points

  • Marriott points are the most flexible transferable points (After the merging with SPG, Marriott obtained all its airline partners).
  • You can earn Marriott points with AmEx SPG, AmEx SPG Luxury, Chase Marriott Premier Plus, AmEx SPG Business, Chase Marriott Business, and a few recently discontinued cards.
  • Marriott points are stored in your Marriott account, not in your credit cards, so you won't lose your points by canceling the credit cards.
  • Your Marriott points will expire if you don't earn or spend any Marriott points in 24 months. As long as you earn make a purchase with the corresponding credit cards or stay in a hotel, or you redeem some points during the time frame, the point expiration date will be postponed accordingly.
  • Marriott points can be transferred to a lot of airlines miles (you don't have to have a Marriott related credit card to make the transfer), and the ratio is 3:1.25 (i.e. 3:1 transfer rate, plus you get 5k bonus miles for every 60k Marriott points you transfer at a time). The good options are: Alaska Airlines (AS) (Non-alliance), Japan Airlines (JL) (Oneworld), United Airlines (UA) (Star Alliance), American Airlines (AA) (Oneworld), All Nippon Airways (ANA, NH) (Star Alliance), Korean Air (KE) (SkyTeam), etc. If you use Marriott points in this way, the value is about 0.7 cents/point.
  • Marriott points can also be redeemed for hotel stays obviously. Here's the redemption chart: Marriott redemption chart. Generally speaking, you can get a better redemption value from lowest categories. If you use Marriott points in this way, the value is about 0.8 cents/point.
  • In summary, we estimate that Marriott points are worth about 0.8 cents/point.

Recommended Application Time

  1. [5/24 Rule] If you have 5 or more new accounts opened in the past 24 months, Chase will not approve your application on this card, no matter how high your credit score is. The number of new accounts includes all credit card accounts, not only Chase accounts. See this post for details about how to possibly bypass this rule.
  2. This product is available to you if you do not have this card and have not received a new cardmember bonus for this card in the past 24 months. Note that what matters here is the time you got the sign-up bonus, not the time you open the account or close the account.
  3. Don’t apply for more than 2 Chase credit cards within 30 days, it’s highly likely that you will get rejected.
  4. We recommend you to apply for this card after you have a credit history for more than a year.

Summary

The ~80k points highest sign-up bonus not only can be used to redeem for nights directly, but also can be used to get the Marriott Travel Packages. Just make sure you applying for both Chase Marriott and Ritz-Carlton both at their best offer time. Besides numerous points, the annual free night is a good reason to keep the card, it’s indeed worth $85 annual fee. So if you are a big Marriott fan, you should definitely keep it.

Related Credit Cards

Recommended Downgrade Options

  • You can not downgrade this card to any card with no annual fee, so I suggest you close it when you don’t want to keep it any longer.

After Applying

  • Call 800-436-7927 to check Chase application status. This is an automated telephone line, and the information has the following meanings: Receive decision in 2 weeks means your application is probably approved; Receive decision in 7-10 days means your application is probably rejected; Receive decision in 30 days simply means your application requires further review and there’s nothing to tell you for now.
  • Chase reconsideration backdoor number: 888-270-2127 or 888-609-7805. Call it if you didn’t get approve immediately. Your personal information will be acquired and they will then review it. You seldom answer questions, instead, just enjoy the music and then you get approved or rejected, or further information is needed to be hand in to the branch or faxed.

Historical Offers Chart

This card is discontinued in 2018.05.03.

Application Link

  • This card no longer accepts new applications. If you are lucky to have this legacy credit card, you can still enjoy its original benefits.


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