Review of the Chase Marriott Rewards Visa SIgnature Card



The Chase Marriott Rewards Visa Signature Card was last reviewed on 4th April 2006





chase marriott rewards visa
Summary - The Chase Marriott Rewards Visa Signature card will appeal to frequent guest members of the Marriot Rewards program. With this card, you will be able to :


  • Earn 3 Marriott points for every dollar you spend at Marriot chain hotels
  • Get an upgrade to elite membership status
  • Get 15,000 bonus points after your first purchase
  • Have your first year annual fee waived

Let's take a closer look at this card

Reward Formula - The Chase Marriott Rewards Visa Card allows you to earn three points for every dollar you spend at the following nine Marriot Brands - Marriott Hotels, Resorts and Suites, Renaissance Hotels, Resorts and Suites, Courtyard by Marriott, Fairfield Inn by Marriott, Marriott Conference Centers, Residence Inn by Marriott, Marriott Vacation Club International, TownePlace Suites by Marriott and SpringHill Suites by Marriott. You earn one point for every dollar you spend on other purchases.

All cardholders will be automatically upgraded to Marriott Rewards Silver Elite membership status, which entitles you to a 20% bonus on Marriott Rewards base points.

Annual Fee and APR - There is no annual fee for the first year. Thereafter, the annual fee is $30.00. You get a 3.9% apr for 6 biliing cycles on both purchases and balance transfers. The apr is prime rate plus 9.99%. The average daily balance method (including new purchase) is used to calculate monthly balances.

Verdict - We recommend the Chase Marriott Rewards Visa Signature card to frequent guest members of Marriott Rewards. Using this card will allow you to earn faster Marriott points towards your next free room stay at the Marriott.

Positives
  • Earn 3 points for every $1 you spend at Marriott hotels
  • Get 15,000 bonus points after first purchase
  • Automatic upgrade to silver elite membership status
  • No annual fee for first year





Chase Marriott Rewards Visa Card
Rebate Formula
Reward Forumula 3 points for every $1 spent at Marriot Hotels
1 point for every $1 spent on other purchases
Cost/Fees/Interest rates
Introductory rate 3.9% APR on balance transfers and purchases for 6 billing cycles.
Annual Fees No annual fee for first year, thereafter $30.00
Purchase APR Prime Rate plus 9.99%
Balance Transfer APR Prime Rate plus 9.99%
Cash Advance APR Prime Rate plus 14.74%
Penalty/Default Rate Prime Rate plus 23.99%
Min Finance Charge $1.00
Grace Period 20 days
Balance Calculation Method Average Daily Balance (including new purchases)
Balance Transfer Fee 3%, min $5.00, max $75.00
Cash Advance fee 3% ,min $10.00
Over-the-credit-limit fee None
Late Payment fee $15.00 - less than $250
$39.00 - $250 and above



Apply for the Chase Marriott Rewards Credit Card

If you already have the Chase Marriott Rewards Visa Signature card, we appreciate you feedback and review. If you wish to comment on it, you can post your review here.







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