Posted by William Charles on November 7, 2017
Credit Cards

Published on November 7th, 2017 | by William Charles

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Chase Marriott Premier Up To 120,000 Point Bonus, Annual Fee Waived – Now Publicly Available

This was originally posted on 10/24/17, reposting on 11/7/17 because the offer is now publicly available. Hat tip to Frequent Miler.

The Offer

Direct link

  • There is a new offer on the  Chase Personal Premier credit card. The offer is as follows:
    • 10 points for every dollar spent up to $12,000 in spend in your first year
    • 7,500 points for adding an authorized user after they make their first purchase
    • Annual fee of $85 is waived the first year

Card Details

  • Annual fee of $85 waived first year
  • Card earns at the following rates:
    • 5x points per $1 spent at Marriott & Ritz Carlton locations
    • 2x points per $1 spent on airline tickets purchased directly with the Airline, at car rental agencies and at restaurants
    • 1x points per $1 spent on all other purchases
  • Anniversary bonus of a free night certificate for a category 1-5 property.
  • 15 credits towards Elite membership after approval and every year after account anniversary
  • 1 elite credit for every $3,000 spent
  • 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
  • Chase’s 5/24 rule does apply to this card

Our Verdict

$10,000 in spend for the full bonus is a lot. It’s important to note that in the first year you’ll earn a maximum of 10 points per $1 spent, so if you spend $1 at a Marriott property you’d earn the 5 base points and then 5 bonus points rather than 15 points total. This is better than the 150,000 point offer that required $30,000 in spend. I think it’s best to compare this to the public offer of 80,000 points after $3,000 in spend, that offer does not have the $85 annual fee waived. After the minimum spend you’d earn a minimum of 83,000 points on that card, so that means you’d need to spend at least $8,300 on this card to come out ahead in points (if you put that extra $5,300 in spend on a 2% card you’d earn $106 more than covering the annual fee).

Let’s assume you meet the full $12,000 spend and get 120,000 points.

  • Normal offer: 83,000 points + save yourself $9,000 in spend. Putting that on a 2% card would earn you $180, minus the $85 fee = $105
  • This offer: 120,000 points

 

An extra 37,000 points is probably worth more than $105 for most people. If you have a card that earns at over 2% then things get a bit more tricky. Personally I think this is a good offer, spending $1,000 per month shouldn’t be too hard for most people and it’s nice that the annual fee is waived. I think the bigger question is if even applying for this card makes sense considering the Chase 5/24 rule does apply to it.

Hat tip to PM_ME_YOUR_DOGE_PIC on /r/churning & readers Ari, Jon, ScottS & Nick



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Alex
Alex

Got the offer but will probably skip it. 5/24 is a big consideration. Seems like a good but not great offer. A lot of my spending is travel (+ dining while travelling) and would got to Chase Sapphire Reserve. Admittedly I will probably have 12k on non-bonus-categories spending but not sure if Marriott points are valuable enough. The last SPG card deal with 35K bonus (which is 95,000 Maririott) for 5k spend was a much better deal. Still thinking about it though.

RD
RD

35k SPG = 105k Marriott though.

If the min spend was 5k, add another 15k Marriott, so that’s 120k Marriott total for 5k spend.

I remember my offer on the 35k SPG Biz offer being a total of 8k spend though (aka 129k Marriott for 8k spend)

Alex
Alex

You are right, my math sucks 🙂 My biz offer was from last year for only $3000 spend, personal from this year.

808travel
808travel

I got the offer, tempting…but not quite sure yet. Just picked up the SPG Amex for 30,000 using incognito.

V
V

can we get SPG 30K using incognito and referral together ?

Paul
Paul

No

Blue
Blue

I’ll probably get it; times wonderfully with me dropping to 4/24 and the 12 month timeframe will mean I’m not stressing about doing this and SPG business at the same time.

Drivesabrowntruck
Drivesabrowntruck

On the fence with this one. The waived first year is nice, getting you to that cat 1-5 cert without going through two annual fees. The spend would be done in place of SPG MSing, incurring opportunity costs of 12k SPG points = 36k Marriott points.

So the argument would be is it worth 84k Marriott points as the annual fee is waived.

Also like to note I’m at 4/24 with no other Chase card on my radar.

Mike
Mike

Hard to justify spending $100 per 1000 points when they are giving me 1000 points just for copying the answers to somebody trivia question every week. Seems like they are due for a mass point devaluation.

sunny
sunny

just got email about this not sure to get this or not. at 3/24 right now just for spg 30k, freedom unlimited with 30,000, and amex prg with 50,000. but i think spg is still a better choice of card using at Marriott only thing is missing is a free night every year. and also cant imagine to spend $12,000 a year not a big spender also got more card for every day use. regular freedom (2 of them) and discover it. was thinking about getting reserve but thinking about upgrading one of my freedom to reserve. i would like to get everyone’s opinion on that. also thinking about getting citi premier of prestige once they get it with bonus and with normal spend.

tinytavosa
tinytavosa

Somehow my girlfriend gets this who is over 5/24 and I am at 3/24 and did not receive an email. Ugh. Chase, chase chase.

tinytavosa
tinytavosa

Public now, FTW. Sweet.

Daniel
Daniel

How to get this offer… Want to apply one!

Bo
Bo

I’m way over 5/24 and still got this email. This is that kind of marketing email with no targeted/personalized application code and will almost definitely decline my application. So I wouldn’t bother.

az
az

This is similar to a 8% cashback card for the first $12000 (Not consider Marriott Travel Packages).

parrothead
parrothead

Yeah they emailed this offer to me this morning, started to think about it then remembered I can’t because of 5/24

SkydiverMedic
SkydiverMedic

I think I remember hearing of pre-approvals (for us way over 5/24 folks) for the MPE, but can’t remember if you can get a pre-approval and bypass 5/24 for this one. Anyone know?

Roberto
Roberto

No way to combine this with a referral credit right? I’m an existing cardholder and want my SO to get this.

scott
scott

I got the offer, but I’d rather get 80,000 points for $3K spend. If I could just buy $12K in gift cards and then use the Kate at Walmart like the good ol’ days then this would be a no brainer. But an extra $9K to get an additional 40,000 isn’t worth the effort.

elegua
elegua

I got the offer but i am lol/24, this will be nice addition to my over 400k Marriott points but with twitter lol, Chase RC and my SPG i am good for now.

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