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As the name implies, the rewards from this credit card come from the Marriott Bonvoy loyalty program. Card holders earn six points per dollar when they spend at Marriott hotels and four points per dollar when they spend at restaurants, gas stations, telephone services and shipping in the United States. All other purchases earn two points per dollar spent. As you can tell, Marriott Bonvoy card holders tend to incur a lot of travel expenses, especially in the US.
Card holders have the opportunity to earn up to Earn a Welcome Bonus of up to 105,000 Marriott Bonvoy™ points + 5X the points on eligible Gas, Dining & Travel in the first six months of card membership. In order to obtain these bonus points, the card holder must spend $5,000 on the card in the six-month period. Other perks of this credit card include a free night at one of Marriott’s hotels every year, another free hotel stay when $60,000 or more is spent on the card in a year and automatic silver elite status with a fast track opportunity to gold status. All of these benefits come with a modest annual fee of $150 - talk about value!
Points can be redeemed on any Marriott hotels. The fact that you can only redeem points with one hotel chain might seem limiting, but it definitely is not! Marriott has a gigantic selection of hotels that you to choose from, no matter what the nature of your trip is, you’ll find something you like. Some hotels cost more points than others, but if you want a more luxurious trip, it’s worth the splurge. During your stay at the hotel, the automatic silver elite status will give you a late checkout option, 10% bonus points based on what you spend and free wi-fi.
Last but not least, this credit card also isn’t a charge card which means you can carry the outstanding balance from month to month without serious repercussions.
Overall, the Marriott Bonvoy Business card is a fantastic choice if you’re looking to earn and redeem points towards hotel costs within your business. The points earning opportunities and other benefits are superb, particularly when you consider the relatively low annual fee of $150.
Mohamed Konate is a personal finance expert, blogger, and marketing consultant based out of Toronto. He is a former financial services professional who worked for many years at major Canadian financial institutions where he managed the marketing strategy around various financial products ranging from credit cards to lines of credit. Mohamed is passionate about personal finance and holds a Bachelor in Business Administration from the University of Quebec (Montreal) and a Master in International Business from the University of Sherbrooke (Quebec).He is also the author of the Canadian Credit Card Guidebook.
