Are HOTEL Credit Cards WORTH IT? (The TRUTH)

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  • Опубликовано: 28 ноя 2024

Комментарии • 297

  • @MarkReese
    @MarkReese  Год назад +19

    ⚠ *CORRECTION @ **5:58**:* The "2X" return should be 3.4% on the Venture card.
    ⚠ *CORRECTION @ **15:06**:* The "2X" return should be 3.4% on the CSP + Venture cards.
    ⚠ *TO CLARIFY @ **17:00**:* The higher multipliers shown include the *Card Rates* + *Elite Bonus* only. I did NOT include any _Base Points_ because those have nothing to do with the cards themselves. Rather, you earn those simply by being a member of the hotel loyalty program (even if you pay with a non-hotel credit card).
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  • @MarkReese
    @MarkReese  Год назад +67

    💡 *ADDITION:* Hotel credit cards are NOT worth it if you don't stay at hotels (for all my Airbnb, VRBO, etc. fans out there) 😁👍

    • @jlatham
      @jlatham Год назад +2

      What’s your choice for best credit card for Airbnb?

    • @MarkReese
      @MarkReese  Год назад +4

      @@jlatham - Any of the following can be good choices:
      - Chase Sapphire Reserve (3X)
      - Chase Sapphire Preferred (2X)
      - Chase Ink Business Preferred (3X)
      - Amex Green Card (3X)
      - Capital One Venture (2X)
      - Capital One Venture X (2X)
      - U.S. Bank Altitude Reserve (3X)
      - U.S. Bank Altitude Connect (4X)
      ^ I haven't seen enough data to confirm the 2 U.S. Bank cards, but they _should work_ for Airbnb under their 'Travel' categories.

    • @KarateMasterKY
      @KarateMasterKY Год назад +3

      The custom cash codes airbnb as travel for 5%, confirmed twice

    • @MarkReese
      @MarkReese  Год назад +1

      @@KarateMasterKY - Legit, thanks for letting me know!

  • @kimgrod
    @kimgrod 7 месяцев назад +4

    Thanks, Mark. Gave me a lot to think about. And, yes, please make an airline version.

    • @MarkReese
      @MarkReese  7 месяцев назад +2

      Glad you found it beneficial! I made the airline one awhile ago, here's the link: ruclips.net/video/WhOdp8Qfyus/видео.htmlsi=HMKWij82Sjwrk7Gx

  • @bdawg7878
    @bdawg7878 Год назад +14

    One thing I love about your videos is the charts breakdown. Probably the only RUclipsr that does it. Keep it up man 🤙🤙

    • @MarkReese
      @MarkReese  Год назад +2

      Appreciate hearing that, BDawg! 🥇

  • @LoserSkits
    @LoserSkits Год назад +6

    I’ve watched a lot of CC videos and this is honestly the best breakdown I’ve seen yet, my dude!

  • @jimmyjames6492
    @jimmyjames6492 Год назад +10

    The $95 AF hotel CCs are worth it IMO if you can get good value from the FNC. With all the devaluations, changes, etc - I think it makes more sense for most people to be hotel free agents nowadays. Thanks for the info + video!

    • @MarkReese
      @MarkReese  Год назад +4

      Good points above, Jimmy 👍

    • @donaldrobertson5747
      @donaldrobertson5747 Год назад +3

      For single travelers or as a couple would agree or those that only redeem as one-two night bursts. For families and those that like to redeem in larger number days at time, hotel is best use of points for any travel rewards. 1 room holds 2-4 people versus airline redemption of 1 seat each way. Also couple of the hotel brands have 4th or 5th night free on award stays upping value of said redemption.

  • @严傲沁
    @严傲沁 Год назад +8

    Great video! I think another good way to compare co-brand cards with 'regular' cards is to directly compare the amount of points they earn in the same category (but in the same 'currency', same kind of points rather than the estimated cash value). So in the Hyatt and CSP case, Hyatt earns you 2x hyatt points on restaurants and CSP gives you 3x UR points. Since UR points can be transferred to hyatt, making the 3x categories the same 'currency', CSP earns 1 additional hyatt point than the hyatt card. This can also be applied to UA cards vs CSP, or Delta cards vs Amex gold, etc.

    • @MarkReese
      @MarkReese  Год назад +4

      That's a great way to look at it, too! 💯

    • @BasedInBrazil
      @BasedInBrazil 5 месяцев назад

      True however The Chase Hyatt Card offers a 2nd free night after $15000 dollars in spend.
      The IHG card also gives you
      10,000 Points and $100 ( Which I use on point sales ) after spending $20,000.
      Combined with that 4th free night on point bookings if you spend 9 nights+ a year then the IHG Cars definitely worth having.
      Book IHG stays on Top Cashback for 7%+ and counts as booking direct.

  • @jamilbanks481
    @jamilbanks481 Год назад +5

    Mark, you never disappoint. Thank you for enlightening us with your hard earned wisdom!
    And yes, I am currently binging your videos with an intent to leave this comment on each one. Thank you again Mark!

    • @MarkReese
      @MarkReese  Год назад +1

      Thanks so much! Glad to hear you're getting value from the videos 💯

  • @TheRDGuarantee
    @TheRDGuarantee 8 месяцев назад +3

    This video was incredible! Thanks for taking the time to break down the math behind the point structures!

    • @MarkReese
      @MarkReese  8 месяцев назад +1

      Thanks, glad you found it beneficial!

  • @LK_EBM
    @LK_EBM Год назад +9

    I really want the Aspre card before it's devaluation, but I also want to fall below 5/24 for Chase Inks! Tough choice!

    • @MarkReese
      @MarkReese  Год назад +3

      Welcome to The Game 😅

  • @Xilent_Nexus
    @Xilent_Nexus Год назад +4

    Mark, excellent video! I think another good thing about Hotel CCs is simplicity. Pay and get points directly to your program account. When transfering MR point to Hilton, you get a worse redemption rate.

    • @MarkReese
      @MarkReese  Год назад +1

      Simplicity is a good point!

  • @NCKyle1980
    @NCKyle1980 Год назад +4

    On a recent stay in NYC to see Wicked on Broadway I definitely enjoyed combining annual fee free Hilton Honors with the complimentary Gold status from Platinum card and a promo they had going for 2x base points. $569 stay got me over 20,000 Hilton Honors points total. Yea the points aren't worth a lot but for that cheap of a stay even at .3 CPP that's over 10% return on spend. I was elated when all the points posted. 🎉😊 hope you are well, sir. Thank you for all you do for us, Mark.

    • @MarkReese
      @MarkReese  Год назад +2

      Fantastic return on that stay, nicely done! 💯

  • @jeremycooper9715
    @jeremycooper9715 Год назад +4

    The quality in this video is amazing!

  • @FlintIronstag23
    @FlintIronstag23 Год назад +15

    I think the Amex Green would have been a better choice for this comparison. It's $150 annual fee is closer to the AFs of the other cards. Also, it is a travel card while the Amex Gold is more of a dining and grocery card.

    • @MarkReese
      @MarkReese  Год назад +4

      Fair point, Flint! 👊

  • @jeppusahn
    @jeppusahn Год назад +2

    Great video. Would have loved to see an intro bonus comparison, showing average/high intro bonus offers for each card and how the value compares

  • @darkexcalibur87
    @darkexcalibur87 Год назад +3

    This is EXACTLY the analysis I was looking for. Thanks for all your hard work on this!

    • @MarkReese
      @MarkReese  Год назад +1

      You're welcome, glad it was helpful to you!

  • @runforrestrun2428
    @runforrestrun2428 Год назад +4

    I already have the world of Hyatt card and the only other hotel card I want is the Marriott boundless. Hyatt has very nice properties for low amount of points and I recently stayed at the Westin and Jw Marriott in Anaheim and both of those hotels were very nice! I mainly stay at Hyatt hotels and resorts but I’m starting to look at Marriott places

  • @fallenmidori
    @fallenmidori Год назад +2

    this video was really helpful comparing hotel credit cards and reward credit cards for me. i'm usually a visual learner so seeing the numbers side by side helps with looking at the options that are available and what can benefit me in the long run.

    • @MarkReese
      @MarkReese  Год назад +1

      Glad the presentation format helped you!

  • @Ljberkow
    @Ljberkow 4 месяца назад +1

    The Amex Hilton Surpass is practically free, so annual fee can even be negative. Add in status and free night and you’re way ahead. AMEX gold gives you zero status, so goodbye to your $30 breakfast credits per day for two. Your .5 cents is undervalued because you’re not factoring in tax or fifth night free. These travel cards either go to flights or hotels, so my theory is pick a hotel and go with that. If you don’t mind being “married” to a brand, the hotel cards make sense. Hilton and Marriott are everywhere.

    • @MarkReese
      @MarkReese  4 месяца назад +1

      I value Hilton points on their own, and the figure is an average. Inflating them for the 5th Night Free benefit would assume people always do 5-night stays, which is not the case.

  • @barco581
    @barco581 Год назад +1

    And then it gets tricky as points issued by all of these different cards are not worth the same. And then sometimes when redeeming hotel points like Marriott, points are sometimes valued differently. Before redeeming hotel points, it is a good idea to check the room rate. And sometimes cards can compliment each other such as getting Gold Status at Marriott with Amex Platinum, which gives 15% more bonus points than the Silver Status from the Bonvoy Card, and then putting all food and drink spending on the Boundless for 6x. Overall you can probably get a bit more value using a hotel branded card but you do lose redemption flexibility as compared to Amex.

    • @MarkReese
      @MarkReese  Год назад +2

      That's right, point values can vary widely!

  • @ericwithoutsosic
    @ericwithoutsosic Год назад +5

    You put in so much efforts and times for this one - such useful info. I have the personal Hyatt, business Hilton, and Marriott Boundless. Still thinking to add a couple Hilton or even IHG on the horizon. Truly appreciate your content and they’re super helpful.

    • @MarkReese
      @MarkReese  Год назад +2

      Glad you found value in it, Eric! Great that you've got some hotel cards, too 👍

  • @CesarJoel
    @CesarJoel Год назад +4

    My favorite personal card is the Hilton Aspire and my favorite business card is the Hilton Business. Hotel cards are great and can provide great benefits.

    • @MarkReese
      @MarkReese  Год назад +3

      2 excellent hotel cards right there 💯

    • @mrb152
      @mrb152 Год назад +1

      Marriott Business is much better, and not just because Marriott has better hotels.

    • @CesarJoel
      @CesarJoel Год назад +1

      @@mrb152 Hilton Business is better than the Marriott Business (not even close). I do think the Marriott Business is the best Marriott card. I prefer Hilton properties and Hilton cards are much better (not even close).

  • @IonicTechYT
    @IonicTechYT Год назад +13

    Awesome video as always, Mark! Did you factor in the hotel status you get by owning these cards which effectively change the multipliers when you spend on their hotels?

    • @MarkReese
      @MarkReese  Год назад +7

      Sure did! See 16:40 🎬
      I included the card earning rate + elite bonus on base points.
      I left out the base points themselves since you can earn those regardless of if you use a hotel credit card or not

  • @DavidRodriguez-ou9fy
    @DavidRodriguez-ou9fy Год назад +6

    Very interesting. Looks as if a lot of research went into this. I pays for me to have the Hilton Surpass card because I'm a Grand Vacation owner as well. I would like a AM Ex gold or platinum some day but just don't want to pay the crazy high annual fees! I think I get straight up more value with Surpass knowing my goal is to get nights and go on vacation with the family.

    • @MarkReese
      @MarkReese  Год назад +4

      HH Surpass is an excellent hotel card 🏆 Great to hear you find value in it.

  • @gordonallen9095
    @gordonallen9095 Месяц назад +1

    Just starting to discover hotel CC's. As a AMEX platinum card holder, I already have gold status with Hilton and Marriott. Is there any upside in obtaining a Hilton or Marriott CC, or would it simply be "redundant?"

    • @MarkReese
      @MarkReese  Месяц назад +2

      To me, hotel cards can make sense for the following, provided you value them:
      a. Reward multipliers
      b. Free night certificates
      c. Elite status (in this case, higher status than the Amex Platinum Card could provide, as seen with the HH Aspire and Marriott Bonvoy Brilliant ... or status in other programs that the Amex Platinum Card does not provide)

    • @gordonallen9095
      @gordonallen9095 Месяц назад +1

      @@MarkReese Thanks for the insight.

  • @MillisConstruction
    @MillisConstruction Год назад +5

    Great video! Would definitely watch one on the top end hotel cards versus the top end all purpose cards as well 😉

    • @MarkReese
      @MarkReese  Год назад +3

      Glad you enjoyed it & thanks for the video suggestion! 🎬

  • @nubianpwr
    @nubianpwr Год назад +4

    Another "tour de force" Mark👋🏾👍🏾 I'm sticking with the flexible currencies for now. Although if I ever decided to bite, I kinda have a crush on the Hilton Aspire and the old Ritz Carlton cards (hate that I gave it up yrs ago).

    • @MarkReese
      @MarkReese  Год назад +1

      Flexible currencies rock for spending! 🤙

  • @zsm5833
    @zsm5833 Год назад +1

    idk if theres a chance it might not be enough points to redeem thru transfer partners across flights and hotels. For instance you have enough points to have nice business/first class ticket but not enough left to redeem for hotels. If that's the case hotel cards might be able to play a role here. imo lets say if you mainly prefer staying at Marriott branded hotels, then at least to have one hotel card like the Bonvoy Brilliant and treat it as a backup card might be a good option since those hotel cards give you status and free nights.

    • @MarkReese
      @MarkReese  Год назад +1

      Bank cards w/ transferrable points + hotel cards can work well together 👍

  • @nichtsistkostenlos6565
    @nichtsistkostenlos6565 Год назад +1

    I do a lot of one night stays at different hotels because I do multiple cruises every year and I always fly into port the day before, so hotel cards that provide free nights are always great keeper cards that maintain their value well above the annual fee year over year for me.

    • @MarkReese
      @MarkReese  Год назад +1

      Excellent use of hotel cards! 💯🛳

  • @just_a_guy3303
    @just_a_guy3303 Год назад +2

    Needed another card from amex I was thinking delta but now checking out the hotel cards wasn't sure if it was worth it.
    55K subs grow the beard out 😆

    • @MarkReese
      @MarkReese  Год назад +1

      😂👊
      Good luck on the application if / when you decide to go for one! Also, I just made a post about the Hilton Honors cards on the Community tab of the channel. Check it out (offers are expiring soon).

  • @chrisoverbey5937
    @chrisoverbey5937 Год назад +1

    Just stumbled on this one, and this one is GOLD 💵💵💵

    • @MarkReese
      @MarkReese  Год назад +1

      Glad you liked it! 🏆

  • @louisp3822
    @louisp3822 Год назад +3

    Love the Hilton aspire card. But if amex decided to change it like current rumors. I’m gonna have to have a long conversation with myself to keep it or not.

    • @MarkReese
      @MarkReese  Год назад +1

      We'll see what happens 😬

  • @charliedurham4248
    @charliedurham4248 Год назад +3

    I use my Surpass and Hilton Business AMEX for everyday spend up to $15k each due to FNC. If it is worth $500, then than is worth an additional 3.3%, right?
    It works well for me bc I like to cruise fairly often, which often means flying in one day early. One night at a time at a nice hotel (usually cruise port cities have pretty nice Hilton properties) makes availability pretty easy to find. It seems like a pretty good setup to me.
    Also, I have the Aspire card, so Diamond and the resort credit kinda traps me in the Hilton world. Congratulations, Hilton, you have me caught in your loyalty web

    • @MarkReese
      @MarkReese  Год назад +1

      Great to hear the Hilton card lineup is providing you with strong value, esp. for those cruise stays! 🛳️

  • @clausellray3949
    @clausellray3949 Год назад +3

    Whoa great break down on all those cards thanks for sharing and keep the content coming

  • @Keeks33
    @Keeks33 Год назад +5

    This was such a great video! Thank you Mark. I'm trying to decide right now whether I want to keep my Gold card or use a hotel card as a daily driver. I know the value of the Gold is superior. But since I'm a Marriott loyalist, I really like the perks of having a Marriott card that gives a better ROI for Marriott spend, a free night and status. Thanks for giving me more information to consider.

    • @MarkReese
      @MarkReese  Год назад +3

      Glad you found it helpful!

    • @911eVoX
      @911eVoX Год назад

      Everyone has marriott status though

  • @armytruth6860
    @armytruth6860 Год назад +1

    The Marriott boundless is an amazing card for me. Getting 35K for hotel for only $95 is great. A hotel within my point generally get me a $150 hotel without spending any money.

  • @Kwon5631
    @Kwon5631 8 месяцев назад +2

    Can you do a comparison of all the marriott cards? I cant choose which one to get 😂 and you do the best, thorough comparisons 🙏🏻

    • @MarkReese
      @MarkReese  8 месяцев назад +2

      I've been thinking about it!

  • @JLitodiaz
    @JLitodiaz 7 месяцев назад +2

    You are the “Chart” master !!!

  • @yt1234567100
    @yt1234567100 Год назад +2

    nice VDO, you are the best about giving info

  • @kathyspencer7882
    @kathyspencer7882 Год назад +4

    Great video, Mark! You always do all your homework so we don’t have to! 🙌🏼

  • @maryturkmen1264
    @maryturkmen1264 Год назад +1

    You just prevented me from opening a hotel credit card, I'll keep utilizing my platinum & reserve points :) thanks

  • @DavidGarciajrtx
    @DavidGarciajrtx Год назад +2

    A cool thing to compare is benefits of purchasing through Amex’s fine hotels and resorts vs spending directly with the hotel to utilize your status with them.
    I think that would be the deciding factor for hotel credit cards!

    • @MarkReese
      @MarkReese  Год назад +2

      Good point, David! Only valid for those who hold the Amex Platinum / Centurion Cards, however, as those only the only cards providing access to the FHR program.

  • @tiffanyodean
    @tiffanyodean Год назад +4

    This video was so helpful. I am currently considering getting the Hilton Honors card but after watching this, I can see how the Amex Gold card would be a better card overall. With that card, I can use it at any hotel as opposed to just one. This would be my first AMEX card so trying to make the right decision for me.

    • @MarkReese
      @MarkReese  Год назад +3

      Glad to hear you found it helpful, Tiffany!

    • @CITYSLIM24
      @CITYSLIM24 Год назад +1

      Take into consideration the sign up points. I just got the HH card with 150K bonus points. I already had 100k Those points will help a lot.

  • @chrisbrown8748
    @chrisbrown8748 Год назад +4

    I don’t have a hotel card yet but I’m considering a IHG or Hilton card in the future it’s just not a priority for me at the moment.

    • @LK_EBM
      @LK_EBM Год назад

      IHG card bonus is at an all time high. If you want it, now's a great time.

    • @MarkReese
      @MarkReese  Год назад +1

      Sounds good!

  • @jettjohnson4995
    @jettjohnson4995 Год назад +3

    Just got my second aspire card today

    • @MarkReese
      @MarkReese  Год назад +1

      Legit, congrats Jett! 💯

  • @chikaadiele3155
    @chikaadiele3155 10 месяцев назад +1

    Wow I had never seriously considered a hotel card before!
    1. You mentioned travel lifestyle. I travel 75% of the year for work and mostly stay at IHG since the company has a preferred rate. Would it make sense to get one of the IHG cards to use for the hotel bookings and then stick with my Amex gold/chase sapphire reserve for all other spend to maximize rewards?
    2. Would you consider IHG a good brand for economy/budget travelers in terms of redemption? I know Hyatt is a good one but just wanted to check for IHG!
    3. Aside from spend and the intro bonus for the first year, how do you offset the annual fee each year for the IHG card?

    • @MarkReese
      @MarkReese  10 месяцев назад +2

      1. Up to you. If you value earning IHG points and/or the Platinum Elite benefits, then yes, adding the IHG Premier card can be a good idea.
      2. IHG can be decent for economy / budget travelers, primarily when point rates are discounted for cardholders. Like with most hotel chains, there are great / good / ok / bad / really bad redemptions. It can vary.
      3. I use the annual night certificate to offset the annual fee.

  • @911eVoX
    @911eVoX Год назад +2

    Thanks for the breakdown, Mark. I fell out of the credit card game after I got tripped up by about $7.5k in annual fees I couldn't pay off late last year

    • @MarkReese
      @MarkReese  Год назад +1

      Yikes. Good reason to exit. Time to focus on 💵

    • @911eVoX
      @911eVoX Год назад

      @@MarkReese I have tons of points from the welcome offers but can't use them because I'm broke. Working on getting a new job because I can't get an more new cards. These banks flat out refuse me and when I call into recon they say my debt to income is too high even though I put $30k estimated for my sole prop business even though I'm not making anything right now.
      I take all your advice, Mark. It has left me with quite a bit of debt, but I know you're here for us.

  • @featherpony
    @featherpony Год назад +2

    I have the Wyndham Earner Business Card. It actually works fine with gas purchases.

    • @MarkReese
      @MarkReese  Год назад +1

      Excellent card for gas purchases 🏆

  • @jaguar916
    @jaguar916 Год назад +2

    Great video! Would you consider doing this for business cards? I'd love to see what the break down would be.

    • @MarkReese
      @MarkReese  Год назад +2

      Thanks Jay! I'm considering a 'best business credit cards' video 👍

  • @KhangAro0
    @KhangAro0 Год назад +3

    This video has insanely great information

  • @booksteer7057
    @booksteer7057 Год назад +1

    Too much math. All that matters is the cash value of the rewards I get for spending a certain amount of money each year. If I put $20K on card A and another $20K on card be, all I need to know is which one gives me $500 of value back and which one gives me $1,000 back. If I get more points for buying booze than I get for buying airplane tickets, that's also useful to know.

    • @MarkReese
      @MarkReese  Год назад +1

      Great to keep things simple 👍

  • @mikebell958
    @mikebell958 Год назад +1

    Great video on hotel card topic, Mark. I haven't watched one of your videos in months.

    • @MarkReese
      @MarkReese  Год назад +1

      Thanks for the support, Mike! 🥇

  • @JM-gs5lk
    @JM-gs5lk Месяц назад +1

    Thanks so much! This is the most helpful video and channel on RUclips for Credit Cards!

    • @MarkReese
      @MarkReese  Месяц назад +1

      You're welcome & thank YOU!

  • @rudra1087
    @rudra1087 Год назад +2

    I think the only hotel card that won't keep you calculating all points change to book an award is hilton aspire.
    Rest all of them you need to make sure that their is availability where you are traveling and the rooms are below the free night certificate points limit.
    Most of marriot properties are not averaging around 40 to 50 k points which means you need to spend a lot more to get extra points to top off for the free night ,
    For me it is hilton aspire and surpass that are the best ones out there for hotels.
    Even hyatt has changed the categories of many hotels, which will make it harder for you to find one to use the fnc and they also have way less properties to choose from.
    Also I don't understand why so many people and youtubers value marriot brilliant. It's not worth 650 annual fee at all. The fnc covers only 85k points where as most high end properties are 100k to 120k.
    For as long I can transfer the airline fee credits every year for united travel bank. I will keep my aspire card. Might even get a second one if it makes sense in the future

    • @MarkReese
      @MarkReese  Год назад +4

      The free night awards from the HH Aspire + HH Surpass are fantastic 💯 Gotta love the lack of a cap on the value.
      People may have their own reasons for liking the Marriott Bonvoy Brilliant. For me, it's an excellent tool to work towards lifetime elite status, which is a big focus for me at the moment.

    • @rudra1087
      @rudra1087 Год назад +3

      @Mark Reese // Credit & Finance could you please explain briefly if possible how can you get lifetime platinum which this card? Also do you think they might change the rules in the future for obtaining lifetime status? Thank you for very well presented video. Really like the cash back equivalent for all the cards

    • @MarkReese
      @MarkReese  Год назад +3

      @@rudra1087 - To achieve Lifetime Platinum in the Marriott Bonvoy program, there are 2 qualifying criteria:
      1. 10 total years of being a Platinum Elite. These don't need to be consecutive years.
      2. 600 total lifetime nights. These include paid nights stayed, award nights stayed, elite night credits (ENCs) from credit cards, and ENCs from limited-time promotions.
      The Bonvoy Brilliant card comes with automatic Platinum Elite Status + 25 ENCs every year, and both of those count towards the qualifying criteria for Lifetime Platinum 👍
      NOTE: You can also earn up to 15 more ENCs from a Marriott business credit card. Combined with the Bonvoy Brilliant, that'd be 25 + 15 = 40 ENCs from credit cards alone each year.
      I don't have a way of knowing if the Lifetime requirements will change in the future.

    • @theeverydailyshow
      @theeverydailyshow Год назад +1

      ​@@MarkReese right on Mark

  • @DB6904.
    @DB6904. 2 месяца назад +1

    Hi Mark, when you were approved for the choice privilege credit card, did you get your 30,000 points right away, or did you have to wait until the next calendar year???
    Thank you!!!

    • @MarkReese
      @MarkReese  2 месяца назад +2

      Yes I was 👍 The 30K anniversary bonus starts after Year 1 is complete (i.e. not right away).

    • @DB6904.
      @DB6904. 2 месяца назад +1

      @@MarkReese thank you, maybe I will wait to apply, I wanted this card to take advantage of the 30,000 points every September of each year...
      If I missed this I apologize, do the points ever expire?
      Thank you again!!!

    • @MarkReese
      @MarkReese  2 месяца назад +2

      @@DB6904. - Choice Privileges points never expire as long as you have account activity (i.e., earn / redeem) at least once every 18 months.

  • @gsctrading7215
    @gsctrading7215 Год назад +3

    Excellent presentation.

  • @ds5651
    @ds5651 Год назад +1

    Yes. Hyatt is my favorite Marriott then Ihg are second.

  • @bisonfan715
    @bisonfan715 Год назад

    I think the Surpass actually pays higher at hilton properties because it grants Gold status which is 80% of base points back stacked on top.

    • @MarkReese
      @MarkReese  Год назад

      Elite status = extra boost 🏆 I didn't factor that into the multipliers because it's a separate benefit.

    • @Ricocase
      @Ricocase Год назад

      Why not biz Hilton?

  • @SinCitizenGent
    @SinCitizenGent Год назад +1

    This was amazing. My first capital one card was the best points stockpiler the whole time?! (I specifically looked for car rentals, which I do on trips a lot). Can you add the us bank altitude connect on the comparisons?

    • @MarkReese
      @MarkReese  Год назад +2

      Glad it was useful! I don't plan on adding the U.S. Bank Altitude Connect, at least not now. The focus is more on points w/ transferrable options.

  • @AndrewRS001
    @AndrewRS001 Год назад +2

    Great content, Mark! Keep up the excellent work.

  • @vigi401
    @vigi401 Год назад +1

    I have the CSP, considering the Hilton cards just because they are not a transfer partner. I have the Wyndham Business Card just for status. Basically all I'd use the Hilton Cards for.

  • @fogrunr5075
    @fogrunr5075 Год назад +1

    I'd rather have a diversity of basic earners that each have a diversity of two or three Hotel transfer partners.

  • @911eVoX
    @911eVoX Год назад +1

    The Hyatt card bonus is literal shit. I'm waiting on this to be more tempting. Not going to waste my time spending on the hyatt card for just an additional point when I could be putting spend on another higher point earning card.

    • @MarkReese
      @MarkReese  Год назад +1

      Then don't apply for it.

    • @911eVoX
      @911eVoX Год назад +1

      @@MarkReese I like your breakdown, though. Literally a 1.5% different in earning using hyatt card over the chase ink preferred

  • @lisapark1758
    @lisapark1758 Год назад +1

    Would you choose hilton or marriott credit card?

  • @resonator06
    @resonator06 Год назад +3

    Great video. Love all the comparison charts. Got my first hotel card with Hyatt, and am just figuring out all the perks.
    One thing I'm confused about, though, is the points via free hotel membership programs. For the Hyatt card, at 17:12 in the video, you show it at 4.5x = 6:75% with Automatic Elite Status Earnings. I wonder if you take into account the World of Hyatt membership, which gives 5x. As I understand it, that 5x is on eligible rates, i.e. not portals. Including that 5x member base points and 4x hyatt credit card bonus points and 10% bonus points (0.5x), we'd get 9.5x = 14.25%, right? If we book through a portal, I think we'd lose all that and just get the 8.5% or whatever from the portal. Am I thinking about that right?

    • @MarkReese
      @MarkReese  Год назад +1

      Correct, Hyatt awards 5X base points as well. However, I left that out because they don't have anything to do with the credit card (i.e. you'd still earn them by being a WOH member & using any credit card you like) ✌️

    • @resonator06
      @resonator06 Год назад +2

      @@MarkReese I see the reason not to include it. But from the video, I might think the portals give the highest percentage and I can choose between slightly higher portal percentage or more perks booking direct. Actually, the portals disqualify the base points, so they are a lower percentage. I understand the scope isn't these free memberships unrelated to credit cards, but maybe it should be. It's part of the same decision of what the optimal way to pay is.
      Or maybe another video about hotel memberships vs portal discounts.

    • @theeverydailyshow
      @theeverydailyshow Год назад +3

      ​@@resonator06 agreed.
      As I mentioned to Mark earlier, I think the best way to go is a combo of everyday card and hotel card and even airline card. 1 card won't handle most situations the best.

    • @MarkReese
      @MarkReese  Год назад +2

      @@resonator06 - Excellent thought process above. Yes, this video was focused on whether or not hotel credit cards (as individual products) are worth it. The topic of maximizing _total value_ for a hotel booking would be a different focus as that would involve valuing portal rates, program perks, base hotel points (if earned), etc. It could be compounded further by adding additional portals (like Rakuten), additional credits (like Amex/Chase/Citi offers), promo rates, etc.

  • @Speckz513
    @Speckz513 Год назад +1

    I took tons of notes of this video to study the point values. Thanks Mark!

    • @MarkReese
      @MarkReese  Год назад +2

      Well done! Glad to help.

  • @landocalrisian2014
    @landocalrisian2014 Год назад +3

    Nice work Mark!

  • @Mylittleponyplushies
    @Mylittleponyplushies Год назад +1

    Which credit card can I stack my free night rewards

    • @MarkReese
      @MarkReese  Год назад +1

      Are you referring to using them for the same stay / same property? In that case, they'd need to be from the same brand (e.g. Marriott + Marriott).

  • @l.a.rivasesq.8841
    @l.a.rivasesq.8841 Год назад +1

    This was very comprehensive! Thanks again for this valuable video.

    • @MarkReese
      @MarkReese  Год назад +1

      Glad you found value in it!

  • @stephenlacher587
    @stephenlacher587 Год назад +1

    Thanks for all the work you put into that.

  • @loungemen662
    @loungemen662 Год назад +2

    You killed it! Awesome breakdown!

  • @sameerjain2
    @sameerjain2 6 месяцев назад +1

    Who said that Amex gold has a return rate of 1.7c
    No way have I seen a return more than 1c on that card even for travel

    • @MarkReese
      @MarkReese  6 месяцев назад +1

      That's accomplished via transfer partners. It's possible to get 2¢, 4¢, 6¢, or more when done strategically. Learn more here: ruclips.net/video/ae1WayyrwnE/видео.html

  • @drrob001
    @drrob001 Год назад +3

    Enjoyed the video as usual. For me hotel card isn’t worth it,

  • @deliverydoctor
    @deliverydoctor Год назад +1

    This is not really complete. There is no account of the milestone rewards or benefits at each status level. This is more of a comparison of the return on spend of each card. If you are traveling a lot and sticking to one chain, you may have more benefits than just the return on spend when using the hotel credit card.

    • @MarkReese
      @MarkReese  Год назад +1

      That's because milestone rewards are not a credit card benefit. Rather, they're a part of the hotel loyalty program. This video was focused on credit card products, not the broader loyalty programs.

  • @joseRodriguez-pk9ld
    @joseRodriguez-pk9ld Год назад +2

    Sheesh you put in the work in this video 💯 really helped thanks!😎

  • @wangz1ggy
    @wangz1ggy Год назад +1

    I have the Citi premier but won’t use it to buy flight cuz of the flight protection for the I use my sapphire card

  • @Ryan-iq2zd
    @Ryan-iq2zd Год назад +1

    I own the Chase Trifecta (flex, unlimited, preferred), Amex Gold and the Venture X. I’m looking for a new card to add to my arsenal. Which card would you recommend? These are the two I’m looking at:
    - World of Hyatt
    - Hilton Surpass
    I would appreciate and tips and feedback. Awesome video bro’.

    • @MarkReese
      @MarkReese  Год назад +1

      Rather than adding a card "just because," start with the reason first. What are you trying to achieve?

    • @Ryan-iq2zd
      @Ryan-iq2zd Год назад

      @@MarkReese it’s not “just because”. We stay at a lot of hotels. I live in Vegas. So we do staycations a lot and do getaways to California. So i figured a hotel card might be worth it.

    • @MarkReese
      @MarkReese  Год назад +1

      @@Ryan-iq2zd - Got it. Are you willing / able to spend $15K per year on the Hilton card in order to get the free night?

  • @a1bambamg6
    @a1bambamg6 Год назад +1

    Good video bro I was just wondering should I get a hotel card and run up points for years and eventually use them down the line

    • @MarkReese
      @MarkReese  Год назад +1

      Hopefully this video helps you make the right decision for you 💯

  • @ugoeze7360
    @ugoeze7360 Год назад +2

    Will you compare the higher end hotel cards with the higher end travel cards, or would the comparison be more or less the same as this video?

    • @MarkReese
      @MarkReese  Год назад +2

      I'll consider it ✌️

    • @theeverydailyshow
      @theeverydailyshow Год назад +2

      ​@@MarkReese yes, a comparison of the best, top cards.

  • @wigandweirich308
    @wigandweirich308 Год назад +1

    Question for the non-resident alien, globetrotter, German citizen living in Germany on spending categories:
    In some cases US or worldwide is indicated after the spending category factor, in other cases nothing is indicated regarding the applicability (US versus or and/or worldwide).
    May I assume that travel (airfare, hotels, rental cars etc.) is always worldwide?
    I've seen one specific case (Amex Gold) only where worldwide was indicated for restaurants/dining after the 4x factor.
    Which of all categories across all cards where noting is explicitly mentioned on the applicability are valid worldwide (in addition to travel)?

    • @MarkReese
      @MarkReese  Год назад

      Per my understanding, rewards categories should work worldwide if no restriction is specified. However, I cannot guarantee this across all cards from all issuers. Also note that the cards I cover on this channel are for U.S. residents. I cannot speak about the German card market at this time.

    • @wigandweirich308
      @wigandweirich308 Год назад +1

      @@MarkReese"Also note that the cards I cover on this channel are for U.S. residents " - This not correct - They are for everybody who can get them, i.e the non-resident alien, German citizen living in Germany based on an US address, US cell phone no, ITIN and a corresponding good FICO or other score.

    • @MarkReese
      @MarkReese  Год назад +1

      @@wigandweirich308 - Good point 👍

  • @Kunnigupta
    @Kunnigupta Год назад +1

    Why we have considered only 6 points for marriott Bonvoy purchases? Should it be 17 points?

    • @MarkReese
      @MarkReese  Год назад +2

      Marriott points have a higher average value than Hilton.
      You could say the same for Hyatt (only 4X). However, Hyatt points are worth more on average than both Marriott and Hilton (by a lot).

    • @Kunnigupta
      @Kunnigupta Год назад +1

      @@MarkReese i mean apart from 6 points we also get 10 points for being marriott Bonvoy member. Why don’t we consider that into calculation. That makes it 16x points

    • @MarkReese
      @MarkReese  Год назад +2

      @@Kunnigupta - This video is focused on the card products, not the loyalty programs, so I don't include base points in the program. Those 10X base points are separate and can still be earned even if you don't have a Marriott credit card.
      If you want to include them, that's fine, but you'll have to do the same for Hilton & all the others to keep the comparison equal. All programs offer base points.

  • @飛向宇宙-o1s
    @飛向宇宙-o1s Год назад +1

    When you book hotel, will you use a certain hotel credit card or a credit card that can earn the hotel points?

    • @MarkReese
      @MarkReese  Год назад +1

      I personally use hotel credit cards when paying for a stay, provided I have the hotel card for the chain's program. If the chain doesn't offer a card, or if it's a program I don't care about, then I'll use a standard 'bank card' that has a hotel multiplier (e.g. Citi Premier Card earning 3X).

  • @joshuagraham2163
    @joshuagraham2163 Год назад +1

    Would love to see choice rewards card on this

  • @danbam465
    @danbam465 7 месяцев назад +1

    IHG card gives you 26-X points at ihg hotels not 10

    • @MarkReese
      @MarkReese  7 месяцев назад +2

      Not quite. The card gives you 10X. The IHG One Rewards program also awards 10X for those who are enrolled, even if they don't have an IHG credit card. Then, Platinum Elites earn an additional 6X due to their status.
      So, adding those up, you get 26X.
      The marketing language used makes it seem like the card itself earns 26X, but that's simply not true.
      Anyone without an IHG card can still earn 16X provided they're enrolled in the free program and have Platinum status.

    • @danbam465
      @danbam465 7 месяцев назад +1

      ​@@MarkReesei guess technically lol . Thanks for the videos Mark your the MAN!!

  • @ljacobs357
    @ljacobs357 Год назад +1

    No.

  • @zeek3580
    @zeek3580 Год назад +1

    Can you compare the new choice cards that just came out

    • @MarkReese
      @MarkReese  Год назад +1

      No plans for the near future, but perhaps at some point.

  • @shahnulislam9897
    @shahnulislam9897 Год назад +2

    Thank you for the video. Thats a lot of maths lol

    • @MarkReese
      @MarkReese  Год назад +1

      You're welcome! 💯👨‍🏫

  • @mehran888
    @mehran888 Год назад +1

    Mark, you are great!!!

  • @MannyCovington
    @MannyCovington Год назад +5

    The hotel cards are worth it for me if they provide a free night!

  • @peterg6638
    @peterg6638 Год назад +1

    Whats the best card to travel to Asia?

    • @MarkReese
      @MarkReese  Год назад +2

      That doesn't exist ✌ You'll likely want to get cards that earn flexible / transferrable point currencies. Examples include:
      - Amex Membership Rewards points
      - Citi ThankYou points
      - Chase Ultimate Rewards points
      - Capital One Venture / Spark miles
      - Bilt Rewards points.

  • @Tony36847
    @Tony36847 Год назад

    I always use my CSR at Marriott properties rather than my Marriott brilliant. I prefer 3 UR points which I value at 6 cents vs 6 Bonvoy points that I value at 4.5 cents

    • @MarkReese
      @MarkReese  Год назад

      CSR = excellent choice of card 💯

    • @Ricocase
      @Ricocase Год назад +1

      ​@@MarkReeseafter annual fees? Ur =?

    • @MarkReese
      @MarkReese  Год назад +2

      @@Ricocase- I don't factor in the cost of annual fees when it comes to the value of points. UR = Ultimate Rewards points from Chase.

    • @Ricocase
      @Ricocase Год назад +1

      @@MarkReese mind blowing, does csr outweigh ritz at marriotts? Not even sure that want ritz. Same trend for hilton, csr > biz hilton at 0.6 ccp?

    • @MarkReese
      @MarkReese  Год назад +2

      @@Ricocase - Depends how you use CSR's points. If you earn at 3X and redeem at 1.5¢ per point, then it's a tiny bit better at Marriotts than the Marriott credit cards, but the Hilton cards are better for Hilton stays.
      If you redeem strategically via transfer partners, CSR's 3X points can beat both Marriott and Hilton.

  • @callmeNeno
    @callmeNeno Год назад +1

    You’re awesome! Great content

  • @theeverydailyshow
    @theeverydailyshow Год назад +3

    Hey Mark, great topic!
    Looks like all of the annual fees but for the Amex gold is $95? Is it fair to include one that charges almost 3 times the other's fees? And with the Marriott card, for example, are you including all of the Amex and membership multipliers in your comparisons charts for that card?
    Just want to understand the process and what the comparisons are actually comparing. Hope that made sense.

    • @MarkReese
      @MarkReese  Год назад +2

      1. Amex Gold = $250, IHG Premier = $99, all others = $95 at the time of recording this video.
      2. I included the Amex Gold Card as it's one that so many people ask about. Perhaps a fairer comparison would've been the Amex Green Card.
      3. What do you mean by, "...are you including all of the Amex and membership multipliers?"

    • @theeverydailyshow
      @theeverydailyshow Год назад +2

      ​@@MarkReese Yes, I agree with you on the Green card.
      You touched on #2 later in the video. Will you earn base points going thru a card's portal, like Chase?

    • @MarkReese
      @MarkReese  Год назад +2

      @@theeverydailyshow - I'm not aware of a way to know for sure if hotel base points will be earned via 3rd-party portals. Sometimes you can...sometimes you won't. It can vary based on the program, the property, and the portal...so a lot of variables in play.
      If using a portal, the best shot to try to earn base points is to include your hotel loyalty# on the reservation (if there's a text field to include it) and/or ask the front-desk agent to add it when you check in.

    • @theeverydailyshow
      @theeverydailyshow Год назад +2

      @@MarkReese Fair point and suggestion. I think most portals don't offer base points, like Chase, before or after. That's the incentive to get their card. Just makes getting their card better. Not necessarily for daily spending multipliers, but hotel benefits.
      I think that's the conclusion here for me is that these cards work best together, not separate.

    • @theeverydailyshow
      @theeverydailyshow Год назад +2

      As you might see, I really like this topic so I actually scanned some of the other comments and replied in some cases. Unusual for me to do that. But I was curious what was said on this one. 🎉

  • @shawndawashington8623
    @shawndawashington8623 Год назад +1

    You are amazing! Thank you again!

  • @arthurfranklyn2268
    @arthurfranklyn2268 Год назад +1

    Do you keep your hotel status if you cancel the hotel credit card?

    • @MarkReese
      @MarkReese  Год назад +1

      Nope ✌️ I'm not sure if the status will end the exact day you cancel or if there's a delay. Regardless, status will not continue to renew each year once the card is canceled.

  • @KennedyS123
    @KennedyS123 Год назад +1

    Excellent content🎉

  • @FinickyHorseGameStudios
    @FinickyHorseGameStudios Год назад +2

    Great work!

  • @deljay1840
    @deljay1840 Год назад +1

    Short answer, No.

    • @MarkReese
      @MarkReese  Год назад +1

      😬

    • @mrb152
      @mrb152 Год назад

      Marriot Bonvoy business. 6x Marriott, automatic gold status, free night credit every year and currently 125,000 Marriott points. Doesn’t even count against 5/24.

  • @Tony36847
    @Tony36847 Год назад

    15:43 math is incorrect for CSP. 2cpp times 1.7 = 3.4

    • @MarkReese
      @MarkReese  Год назад +1

      Great catch, thanks Tony! I'll add a correction to the pinned post right below the video 👊

    • @MarkReese
      @MarkReese  Год назад

      Also noticed similar errors w/ the C1 Venture. Added those corrections, too.

  • @dips580
    @dips580 Год назад +2

    Mark Reese is cool