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Synchrony Financial has inked an agreement with Stash Hotel Rewards, a loyalty program for independent hotels in the U.S. and Caribbean, paving the way for a new co-branded credit card. The new Stash Hotel credit card would give loyalty program members accelerated points on hotel stays and points for everyday purchases.
The new credit card program is expected to be rolled out in the fall. Stash Hotel Rewards program lets people earn rewards for stays booked at any of the 150 one-of-a-kind hotels located in over 100 cities in their portfolio, including top-rated resorts, distinctive business-class properties, and landmark historic hotels. This new relationship with Synchrony Financial is seen as a way to let their members get more out of the program.
“We created Stash because we saw travelers passing on exceptional hotel experiences to stay at predictable chain hotels, just so they could earn points,” said Jeffrey Low, founder and CEO of Stash Hotel Rewards. “Stash is designed to let the traveler have it all – a memorable stay and meaningful rewards. By partnering with Synchrony Financial we’re creating a card that accelerates rewards while keeping with our tradition of remarkable experiences without compromise.”
More stays, no blackout dates
Right now Stash Hotel Rewards members earn five points per dollar when booking eligible rooms through the site. They can also earn points for inviting friends to join or completing their profile. According to Stash with the new credit card they will be able to earn rewards faster when booking hotel stays, and also earn rewards everyday purchases like groceries or dining out.
Cardholders can use the points to book stays at hotels in the group. Points never expire with this program, and there are no blackout dates or category restrictions to deal with when using points to book hotel stays.
Once the new program is launched, Stash members will be able to apply for the credit card with their mobile phones or online at the website. The hotel group’s relationship with Synchrony Financial also means they can provide their customers with access to mService, the banks mobile servicing platform which can be used via any mobile device.