New Hotel Rewards Credit Cards Online
In the US economic boom hotel companies grew their properties so aggressively that it results in excess supply now. The recession causes a 1% drop in demand for hotel room and hotel owners are preparing to see a significant decline in occupancy this and next year. But they are going to make up for it with special rewards programs such as frequent guest programs and credit card bonus points.
Hotel credit cards might acquire a new tide of popularity now that there are so many more opportunities to earn and redeem rewards points. If you are a businessman or a frequent traveler and if you have a favorite hotel to stay at, a hotel credit card is what you need right now. It is not only the convenience of payments you get, but it is also a free night's stay offered to you in exchange of rewards points.
The market offers new hotel rewards cards which you can apply for online. Hilton HHonors® Platinum Credit Card from American Express, Citi® Hilton HHonors® Signature Visa® and new Marriott Visa card are among the most awarding deals. All three offer enough bonus points to redeem for a free night at a hotel.
Typically, an applicant is eligible for bonus points as he/she signs up for a card, makes the first purchase with it or reaches a certain spending limit. For instance, the new Marriott Visa card sells a sign-up certificate for a free night's stay plus 25,000 bonus points towards another free night at Marriotts, any season, any place in the US. You may apply for an additional card for your spouse or friend and they can also accumulate hotel points for free nights.
Choosing a proper hotel credit card online, it is critical to find how the points accumulate. So you'll know which of the cards will award you with a free hotel stay faster. Rewards systems vary from hotel to hotel so take your time to study and compare all offers available. Users of the Amex Hilton HHonors® Platinum Credit Card admit that collecting points and redeeming them for hotel night has become easier with the generous 20,000 points signup bonus. As the cardholder starts spending, point's buildup acquires higher speed. The first purchase gives as much as 10,000 points and each stay at Hilton Family hotels brings another 2,500 bonus points.
The reward points are not limited to hotel purchases only. The value of any hotel rewards plastic is the freedom to make your everyday expenses and pick up points on each dollar spent. Amex cards provide the greatest shopping flexibility, awarding you 5 points per dollar spent at grocery stores, gas stations, drug stores, restaurants and postal services.
Attempting to get the highest number of hotel bonus points to redeem for several nights, you might want to apply for more than one card. Remember, each new card application goes with a hard inquiry, impacting your credit rating. Numerous applications at a time will not only affect the score but will also signal that you desperately need credit. You can be rated as a bad risk and can get higher interest rates, fees and less attractive rewards.
A hotel credit card can help you benefit from the excess supply of hotel rooms and services. What you need is make the right choice and apply online for one, most appropriate hotel rewards card.