Posted by William Charles on June 18, 2019
Deals

Published on June 18th, 2019 | by William Charles

66

Founderscard: 3/6 Months Of Membership For Free

Update 6/18/19: Code FCLAUNCH18 seems to be working for six months free. Won’t know for 100% sure until the applications are processed. I assume the same limitations as the 3 month deal. Hat tip to reader KAILONG WANG

Update 4/22/19: We’ve now included what is/isn’t included in the 3 month trial membership, most of the good benefits are locked behind the $395 annual paywall. Hat tip to reader Matt I

The Offer

Direct link to offer

  • Founderscard is offering three months of membership for free. This is supposed to be targeted towards AwardWallet customers with verified elite status with a major travel plan, but seems to actually be open to everybody. Must use promo code VIPAWARD. Not all benefits are available during this trial, the following are available:
    • 5% jetblue discount portal
    • 20% silvercar discount
    • 10% Getaround discount
    • British Airways discount portal
    • Cathay Pacific discount portal
    • Qantas discount portal
    • Singapore Air discount portal
    • Dell portal discount
    • Rackspace discount
    • “Apple loyalty pricing” (You have to request a quote. 5k min. P).
    • Shoprunner
  • The following benefits are not offered:
    • Hilton Gold
    • ATT discount
    • BMW/Mini discount
    • Caesars Rewards Diamond Status/Discount
    • Equinox discount
    • Trip-It Pro
    • Shopify discount

The Fine Print

  • Offer available to new FoundersCard Members only.
  • Application is subject to approval and terms of Membership.
  • Some benefits may not be available during the trial period.
  • Make sure to use referral code VIPAWARD.

Our Verdict

It says some benefits may not be available during the trial period, we’ve now included what is/isn’t available. Keep in mind this will automatically enroll you in a membership, so you’ll need to make sure you cancel before the end of the three month period otherwise a $395 annual fee will be charged. Founderscard gives you a number of benefits including discounted hotel rates, Total Rewards Diamond status and they sometimes have offers for American Airlines status match/fast track as well. Personally I think you have to be crazy to consider paying $395 for this but I’m sure some readers will disagree. I guess this gives you a three month period to see if it’s worth it for you.



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Bo knows
Bo knows

thanks for sharing!

I registered and got this:

APPLICATION SUBMITTED!
Thank you for submitting an application with FoundersCard. You will be hearing from a Member of our Application Review Team in the next 1 to 3 business days regarding acceptance.

Zz
Zz

The same, didn’t expect this honestly

Zz
Zz

Got the welcome email today, doesn’t seem to have a lot of benefits for trial memberships

joker7
joker7

Feel free to use and share my VIP Code to get $295 off your FoundersCard full membership. Use code FCJOE395 Thanks!

Billy Bob
Billy Bob

Yep that’s the one I got too and after reading what’s not included I deleted it. I think it was an email/data gathering exercise on their part.

Patrick
Patrick

Hey William,

The annual fee is usually paid by companies for employees and the negotiated rates FC gets on some hotels are very good. There are enough savings to easily make up the AF.

That’s why I have it, anyway.

aubergine
aubergine

What kinds of companies are paying the AF for this? Consulting cos? Big 4 Accountants? Not being argumentative, just curious

doc
doc

The type of companies that start off catering their sales meetings with high-end food; and then cheap food; and then doughnuts, and finally, nothing. Then, they also take back the company credit cards, the health insurance, the pensions, and all the rest. Then, they only hire part timers, so that there’s no longer any justification for benefits, to begin with. Then, they replace all of their employees with tech.

Oh, wait. Isn’t that all big companies, nowadays?

Patrick
Patrick

Mostly small to mid size companies where the employees travel a lot or whatever.

Basically, the main draw is the negotiated hotel rates that you can’t get as a small/mid biz. The savings are easily worth the AF.

Arash
Arash

I have been an elite FC member for the past 2 years, paying I think $799 membership fee every year. Feel free to ask me any questions if you like, about their services, etc.

GMP
GMP

How do you actual get the status upgraded once you are approved for the card, is it just entering your Hilton and Caesars numbers into the website? Also what do you consider the best perk of having the card? Thanks

Arash
Arash

If you are an elite member, and have access to the concierge, you just send them an email and they enroll you in that benefit. For every benefit, there is also a “how to redeem this benefit” instruction, which explains in details what to do. I remember for Total rewards, you had to put in your member number, and it took a few weeks until you were given the status upgrade. Once the upgrade is complete, you will receive a confirmation email from FC.

Jay
Jay

Do you know if you would lose your Caesars Diamond status once your Founders card expires / becomes invalid?
(e.g. I go through this free trial and somehow actually get a Caesars Diamond card, would it be invalid once I cancel my Founders membership when my free trial expires)

Arash
Arash

My guess would be they would not allow you to get this status upgrade during the trial period. But if they do, for the firs year, you’ll be fine. For the second year, you have to request the status upgrade once more.

mr.zero
mr.zero

you will lose your Caesars Diamond status few days later after cancellation , but you can match back if you already have Wyndham status ( which you can match from Ceasar )

Sam
Sam

do you work for founderscard?

Arash
Arash

Nah. Just someone stupid who has subscribed to the service for the past 2 years

Frank
Frank

What justifies the price for you?

Arash
Arash

Elite members get a dedicated concierge, accessible via text message/email/phone. You are on a first name basis with that person. Things I have asked her to do for me over the past 2 years were concert tickets/booking travel/finding an apartment for me to rent in a new city/booking a Valentine’s Day dinner space at a good restaurant, etc. etc. It is kinda like I am having my own personal assistance without having to pay full price for it. Another thing is to their elite members they give higher status upgrades at hotels/car rentals/etc. Like I am now at the highest tier status of Avis, Hertz, Wyndham, Laquinta, etc. One other good thing is their hotel program. If you are into super luxury hotels, you cannot find cheaper prices than what they offer.

mat2w
mat2w

this sounds like many of the benefits you’d get from something like a chase sapphire reserve and all the other cards that tout having a “concierge” … they all begin with the “concert tickets” pitch and you too go on to note edge case scenarios where you decided to outsource decisions to a 3rd party.

“you are on a first name basis” – yes, CRM systems helps with that.

the statements you’ve made and comment read like an ad more than anything.

Arash
Arash

Funny how people cannot tolerate opposing views. Did I tell you to go join FC? Did I say FC is good or bad? All I said was my experience. Why am I still a member? BECAUSE I CAN AFFORD IT. The same way I choose to go to a 5 star hotel rather than a 3 star hotel. Do I care whether it truly justifies the price I am paying for it? Absolutely not.

doc
doc

I barely use all of the umpteen consierges that my credit cards offer.

Also, discounted luxury hotels is an oxymoron. You save 100% of the money you don’t spend frivolously.

So, if they can merely discount 3 or 4 star Hiltons and Marriotts, that would be far more practical.

Alli
Alli

I have the regular membership and I don’t really make good use of it as is. What makes the premium worth it to pay the extra amount?

Arash
Arash

To be honest, there is not so much that would justify paying the higher AF. The good thing is that for that price, you technically get 2 memberships. So, you can add one person to take advantage of the benefits for free. You get higher status upgrades if you are ELITE, rather than regular. Also, I use their concierge a lot. Main reason is I do not have to call, and can just ask her to do something for me via email. Again, this is not for everyone, and it is more of a luxury. It is not like chase sapphire reserve, where you can be 100% sure you are getting your annual fee’s worth of benefits. It is more like AMEX Black where you are paying a premium of $5,000 AF without actually getting so much more than the platinum card.

YRK
YRK

Can you please give some more detail for the American airline status match?

doc
doc

Hopefully, this is not another Magnises card.

Sparky
Sparky
Emporio
Emporio

I wonder if the 1 yr of TripIt Pro membership will be included in this trial.

Also does anyone know if you recieve a physical Founders card?

Adam
Adam

Yes you do receive a physical Founders card. It actually comes in a “fancy” spherical box and the card is metal.

Emporio
Emporio

Thanks for confirming!

garaged
garaged

Even for the trial? The comment below seems to say otherwise.

Emporio
Emporio

My 3-month trial was activated on 4/22 and I wanted to follow up on the benefits that were relevant to me. The following benefits are NOT available during the trial period:
• TripIt Pro
• Sixt Rent a Car upgrade to Platinum Card
• Caesars Rewards upgrade to Diamond Status

Also you do NOT receive a physical card during the trial period.

I don’t see any value in the trial membership as it bascially just gives you access to basic retail and travel discounts that you likely could obtain on your own through other means such as coupon codes, AAA membership, ect. In addition many of the travel discounts need to be booked directly through FoundersCard which means that you cannot stack a cashback portal on top of the discount.

garaged
garaged

Heck, all I really wanted was the physical card. Oh well….

Max
Max

Does it still offer the $350 bank bonus offer for First Republic Bank that is only available with FoundersClub Membership?

Daniel
Daniel

Used a prepaid card with a small balance remaining

Frank
Frank

Just because your payment method bounces doesn’t mean you don’t still owe them the money. If you don’t cancel they can send it to collections

doc
doc

Their recourse is simple. If you don’t pay, you get canceled.

Trying to collect membership fees would be ridiculous, particularly on a trial basis. Sam’s and Cosco don’t send people to collections… they just rescind access to the club, very simple.

However, if there exists a contract that must be physically signed – after the trial – there may be some standing to collect.

Conversely, if a trial is offered gratis, there is no standing to collect consideration that wasn’t required during the trial.

Surely a club wouldn’t continue to allow access to nonpaying individuals. But, that is essentially the only pathway to collect.

churnchurnchurning
churnchurnchurning

Apparently they will fight chargebacks if they charge you for membership and you issue a chargeback. I wouldn’t waste my time with a 3 month of free mostly junk.

churnchurnchurning
churnchurnchurning

I think I remember reading somewhere online that once you have a membership and they have your credit card info, it’s damn near impossible to cancel.

Vy
Vy

No initiation fees? Sounds too good to be true.

Peter
Peter

Just activated my “trial” membership and just from poking around, I don’t see much a trial member can get outside the occasional promo code for some online shopping at some sites.

When trying to access most of their benefits it says, “This benefit is not available during your trial period. To receive access to this and all premier benefits, you may start your all-access membership now.”

Displeased
Displeased

You are right. Total scam.

Alan

I signed up for the free 3-month trial and was approved today. As someone else mentioned, it doesn’t include most of the benefits that are worth anything (elite status with Caesars or Hilton for example). Looks like you can get a few discounts at hotels and stores.

By the way, I used a virtual card number for my trial membership (even though it is free, you have to enter credit card info). Therefore if they try to charge me at the end of the 3 months, they won’t be able to — in case it is difficult to cancel the free trial.

Dan
Dan

no wonder they did not want to tell you whats included… cause nothing is included.

doc
doc

I think it was expected that they wouldn’t just give away free bennies. I think the trial is still a good way for prospective clients to take a look under the hood, to at least see what the membership offers.

That said, I don’t think a membership like this could ever really compete with a Reserve level credit card; because some of the high credit card annual fees are offset significantly by travel credits, retention credits, and hefty sign up bonuses; not to mention all of the insurance benefits that you don’t even make use of until you need them. Just last week, I finally used my CSR Roadside benefit. Didn’t cost me a penny, but, between that and the travel credits, and rental insurance, etcetera, I cannot foresee a reason to cancel.

But, if you cannot easily obtain the various credit cards that already provide what the Founder’s card does – assuming that you don’t already have them – I guess it could make sense, as an end run strategy… if you are certain that you will make good use of some of these benefits each year, that would otherwise cost more than the membership fee.

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