I wrote about The Ritz-Carlton Rewards Visa a few months ago and the day that I posted my article was the same day that that deal died. Yes I am that lucky. But as One Mile At A Time reported the other day, that deal is now back on and if you apply right now, it could be better than ever!
If you want a quick history lesson on this card, I suggest you go read my initial post on this card (I even shot a cool unboxing video that’s been viewed over 1,000 times!). But the gist of it is, this card will give you 140,000 points and a $300 airline credit per calendar year for a $395 annual fee. There are some other benefits but since I don’t ever stay at Ritz-Carlton hotels they don’t mean much to me (The Lounge Club access is pretty cool but I already get access through all my Ink cards).
A $395 Annual Fee?!
You might be thinking that no card is worth that kind of annual fee but I would gladly pay $395 for 140,000 points and here’s why. Once you rack up 270,000 points, you can redeem them for a Marriott travel package that will get you 7 nights at a Cat 1-5 Marriott and 110,000 Southwest points that count towards companion status.
Ignoring the hotel rooms completely, that’s $1,600+ in Southwest Wanna Get Away fares and if you bring your companion along, that’s $3,200 worth of flights! So if you and your wife were to apply for this card, you’d pay $790 in annual fees and get up to $3,200 in Southwest flights plus 7 nights at any Marriott around the world. [Continue reading]