- Chase Ritz-Carlton Rewards card review
- $300 airline incidental credit review
- Saving hundreds of dollars in airfare with the Chase Ritz-Carlton Rewards card
I've reaped so much value from the card, I figured I'd add it all up. I should note that the card carries a $450 annual fee which isn't waived for the first year. So before you apply, know that you're in for $450.
I've had the card for a few months and had a chance to use many of the advertised benefits. While I am still loving my Chase Sapphire Reserve card, the Ritz-Carlton Rewards card actually offers more value (at least for me) in terms of non spending bonuses/benefits.
Here's a recap of what I've received in exchange for my hard earned $450:
- 3 complimentary nights at the Ritz-Carlton Georgetown (~$1600 value)
- $200 in airfare discounts
- $300 in airline incidentals (first class upgrades)
- 10,000 Marriott Rewards points (valued at ~$100)
- Additional $300 in airline incidentals coming next week (2017)
That is $2,500 in "value" from carrying the card for just a few months. While this is the cash value, these aren't the prices I would personally pay. So let's go through that exercise:
- I wouldn't pay $500+ a night for the Ritz-Carlton in Georgetown but I would pay $250/night so let's knock that down to $750.
- The airfare discounts are real money.
- While upgrading to first class is a luxury, I would pay $50/segment/person for the privilege. So we'll knock that down from $600 to $200.
- The Marriott Rewards point value is real
Add it all up and you're looking $1,250 in exchange for a $450 annual fee. Not bad at all. I plan on booking 2-3 additional roundtrips for 2+ people in 2017 - that should result in $200-$300 in additional savings against the annual fee. This card may just be a keeper!
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