The Offer
- American Express is offering a sign up bonus of 100,000 points after $5,000 in spend within the first 3 months on the new SPG Luxury card
The Fine Print
- $450 annual fee
- $300 in statement credits each year of card membership for eligible purchases at SPG & Marriott properties
- Card earns at the following rates:
- 6x points per $1 spent at participating SPG & Marriott Rewards hotels
- 3x points per $1 spent at U.S. restaurants and on flights booked directly with airlines
- 2x points per $1 spent on all other purchases
- Free night award every year after your card account anniversary (can be used at any property that costs under 50,000 points per night)
- Complimentary gold elite status
- Platinum elite status after you spend $75,000 or more on the card in a calendar year
- Starting in 2019: 15 nights towards elite status (you’re restricted to getting this benefit once per Marriott Loyalty program number)
- Unlimited complimentary priority pass lounge access for you and up to two accompanying guests
- Statement credit for Global Entry ($100) or TSA PreCheck ($85) every four years
- No foreign transaction fees
- Free, unlimited Boingo Wi-Fi access
- Free in-room premium internet access at SPG & Marriott participating hotels
- Read full review here
- Welcome offer not available to applicants who have or have had this Card. We may also consider the number of American Express Cards you have opened and closed as well as other factors in making a decision on your welcome offer eligibility.
- Effective 8/26, welcome offer not available to applicants who (i) have or have had The Ritz-Carlton Rewards® Credit Card from JP Morgan in the last 30 days, (ii) have acquired The Marriott Rewards® Premier Plus Credit Card from Chase, The Marriott Rewards® Premier Credit Card from Chase, or The Marriott Rewards® Premier Business Credit Card from Chase in the last 90 days, or (iii) received a welcome or upgrade offer for The Marriott Rewards® Premier Plus Credit Card from Chase, The Marriott Rewards® Premier Credit Card from Chase, or The Marriott Rewards® Premier Business Credit Card from Chase in the last 24 months.
Our Verdict
The terms make it very clear that you have until the 26th to get this card if you have/had the Chase cards, yay! Sign up bonus is 25,000 points less than rumored. The card does come with a $450 annual fee, but that is partially offset by the $300 in credits you receive each card member year (these can be used on room rate charges). Card also comes with lounge access and a number of other benefits. Some people will find this card worth keeping long term as it also comes with a free night certificate good on a property costing up to 50,000 points.
Overall I think the card is worth picking up for the 100,000 points and benefits now if you won’t be eligible after the 26th, just keep in mind applying for this card will make you ineligible for bonuses on other Chase cards. Long term I think we will see a higher bonus than 100,000 points, it feels like a weak offer especially when the basic SPG cards have offered the same similar bonuses in the past and Marriott cards have offered even more. Maybe after the 26th the bonus will increase?
