Chase Marriott Bonvoy Business Credit Card Review (Discontinued)

     2018-01-26     2019-07-18 25 Comments

Discontinued Small Business Credit Cards

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Chase Marriott Bonvoy Premier Business Credit Card Review

2019.2 Update: This card is now discontinued.

Application Link

  • This card no longer accepts new applications. If you are lucky to have this legacy credit card, you can still enjoy its original benefits.

Benefits

  1. 75k offer: Earn 75,000 Marriott Points after spending $3000 in 3 months. The best offer is 100k offer, but we don’t know whether it will show up again.
  2. Marriott point is now the most flexible points (after the merger with SPG). We estimate that Marriott points are worth about 0.8 cents/point, see below for a brief introduction. So the 100k highest sign-up bonus is worth about 800!
  3. Receive a Free Night Award that you can redeem for a one-night stay at participating SPG and Marriott Rewards properties with a redemption level at or under 35,000 points (additional mandatory resort fees may apply) every year of Card Membership.
  4. Earn 6x Marriott points for each dollar of eligible purchases at participating Marriott hotels (including SPG and Ritz-Carlton); Earn 4X points for every $1 spent on gas station, restaurant, shipping, internet, cable and phone service purchases; 2x Marriott points for each dollar on other eligible purchases.
  5. Receive complimentary Marriott Silver Elite Status; earn Marriott Gold Elite Status after you spend $35,000 in eligible purchases in a calendar year. Note that in the new Marriott program, the most important benefits (such as: free breakfast, lounge access, suite upgrade) comes with Marriott Platinum and higher status, therefore the status earned on this card is not quite useful.
  6. Earn 15 elite nights each account membership year (elite nights are for status, not free nights).
  7. No foreign transaction fee.

Disadvantages

  1. Annual fee $99, NOT waived for first year.
  2. Free night is only valid for one year.

Introduction to Marriott Points

  • Marriott points are the most flexible transferable points (After the merging with SPG, Marriott obtained all its airline partners).
  • You can earn Marriott points with Chase Marriott Bonvoy Boundless, Chase Marriott Bonvoy Bold, AmEx Marriott Bonvoy Brilliant, AmEx Marriott Bonvoy Business, and the following cards that do not accept new applications but accept product change: Chase Ritz-Carlton, and AmEx Marriott Bonvoy.
  • Marriott points are stored in your Marriott account, not in your credit cards, so you won't lose your points by canceling the credit cards.
  • Your Marriott points will expire if you don't earn or spend any Marriott points in 24 months. As long as you earn make a purchase with the corresponding credit cards or stay in a hotel, or you redeem some points during the time frame, the point expiration date will be postponed accordingly.
  • Marriott points can be transferred to a lot of airlines miles (you don't have to have a Marriott related credit card to make the transfer), and the ratio is 3:1.25 (i.e. 3:1 transfer rate, plus you get 5k bonus miles for every 60k Marriott points you transfer at a time). The good options are: Alaska Airlines (AS) (Non-alliance), Japan Airlines (JL) (Oneworld), United Airlines (UA) (Star Alliance), American Airlines (AA) (Oneworld), All Nippon Airways (ANA, NH) (Star Alliance), Korean Air (KE) (SkyTeam), etc. If you use Marriott points in this way, the value is about 0.7 cents/point.
  • Marriott points can also be redeemed for hotel stays obviously. Here's the redemption chart: Marriott redemption chart. Generally speaking, you can get a better redemption value from lowest categories. If you use Marriott points in this way, the value is about 0.7 cents/point.
  • In summary, we estimate that Marriott points are worth about 0.7 cents/point.

Recommended Application Time

  1. [5/24 Rule] If you have 5 or more new accounts opened in the past 24 months, Chase will not approve your application on this card, no matter how high your credit score is. The number of new accounts includes all credit card accounts, not only Chase accounts. See this post for details about how to possibly bypass this rule.
  2. 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. Note that what matters here is the time you got the sign-up bonus, not the time you open the account or close the account.
  3. [New] The bonus is not available to you if you:
    1. are a current cardmember, or were a previous cardmember within the last 30 days, of the Starwood Preferred Guest credit card;
    2. applied and were approved for the Starwood Preferred Guest credit card, Starwood Preferred Guest Business, or Starwood Preferred Guest Luxury credit card within the last 90 days.
    3. or are a current or previous cardmember of either the Starwood Preferred Guest Business or the Starwood Preferred Guest Luxury credit card, and received a new cardmember bonus or upgrade bonus in the last 24 months.
  4. Don’t apply for more than 2 Chase credit cards within 30 days, it’s highly likely that you will get rejected.
  5. We recommend you to apply for this card after you have a credit history for more than a year.

Summary

This card is basically the same as the personal Chase Marriott credit card. The good thing is that this card is not yet affected by the 5/24 rule. Apart from the sign-up bonus, this card has an up to 35k points Free Night by paying the annual fee. If you find the free nigh is worth more than the $99 annual fee, then it is worth keeping this card.

Benefits Before 2018.8
  1. 75k offer: Earn 75,000 Marriott Points after spending $3000 in 3 months. The best offer is 100k offer, but we don’t know whether it will show up again.
  2. Marriott point can be transferred to the most flexible and valuable points — SPG points instantly in both directions at a ratio 3:1. We estimate that Marriott points are worth about 0.8 cents/point, see below for a brief introduction. So the 100k highest sign-up bonus is worth about 800!
  3. After each anniversary date, you will be credited a free night (FN) available for category 1-5 at Marriott.
  4. Earn 5x points at Marriott and Ritz-Carlton. Earn 2x at restaurant, car rental and airlines. All other purchases earn 1 point per dollar spent.
  5. Complimentary Marriott Silver status.
  6. Earn 15 elite nights each account membership year (elite nights are for status, not free nights); 1 more elite night for every $3,000 spending.
  7. No foreign transaction fee.

Related Credit Cards

Recommended Downgrade Options

  • You can not downgrade this card to any card with no annual fee, so I suggest you close it when you don’t want to keep it any longer.

Historical Offers Chart

This card is discontinued on 2019.02.13.

Application Link

  • This card no longer accepts new applications. If you are lucky to have this legacy credit card, you can still enjoy its original benefits.

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