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Targeted offer sent out via e-mail. Subject line is ‘ <name>, earn a $200 statement credit (and more benefits, too)’
- Chase is offering some Marriott Premier cardholders the ability to upgrade to the Premier Plus, they will receive a $200 statement credit if they spend $3,000 by 3/31/19
The Fine Print
- To be eligible for this bonus offer, you must log on to the website referenced in this offer and upgrade by 03/31/19 11:59 p.m. ET. You will qualify for and receive your bonus if you make Purchases with your new credit card that total an amount at or above the specified target amount during the promotional period. Purchases posted to your account with a transaction date during the offer period are eligible for this offer. Delays by the merchant, such as shipping, could extend the transaction date beyond the offer period. Please allow up to 8 weeks after qualifying for statement credit to post to your account. (“Purchases” do not include balance transfers, cash advances, travelers checks, foreign currency, money orders, wire transfers or similar cash-like transactions, lottery tickets, casino gaming chips, race track wagers or similar betting transactions, any checks that access your account, interest, unauthorized or fraudulent charges, or fees of any kind, including an annual fee, if applicable.) To qualify for this bonus offer, account must be open and not in default at the time of fulfillment. This promotional offer is non-transferable and applies only to the account ending in the last 4 digits referenced in this offer.
Previously we’ve seen upgrade offers of 0 – 50,000 points. The upside to those offers were that only a single purchase was required, rather than $3,000 in spend. This new offer is basically an extra 6.67% cash back. You can view the differences between the Premier & Premier Plus below.
Personally I don’t think either card is worth keeping long term, but if you do want one then the Premier Plus is probably better value. Annual fee is slightly higher but the free night award is better value and the card also earns at a higher rate, but again neither is that interesting. The upgrade offer is good if you don’t have any issues meeting minimum spend requirements, although I would probably prefer 50,000 points after one purchase if I had the option.
Hat tip to Tyler N