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New Contributor
BullsEye10
Posts: 81
Registered: ‎03-26-2012

Taking advantage of an offer ...

Well, I have a reunion coming up in April in South Beach.  One fof my friends is springing for a suite at The W Hotel, but around 14 of us are going to need to find alternate accomodations (or spend over $700 per night to stay at The W).

 

I found a Whyndham that is near The W (not on the beach but irrelevant with access at The W) that costs 15,000 points per night.  

 

I then found an ad for the Whyndham Rewards Card where I get 30,000 points after my first purchase (annual fee is $69.00).

 

My questions are as follows:

 

1.  Is this a decent card?

 

2.  Should I recommend to my friends that half of us app for the card, take the 30,000 free points and get the free weekend (2 to a room)?

 

3.  The annual fee is waived the first year ... if I cancel before the first year is up do I owe them anything for the points I took advantage of?

 

Thanks in advance

AMEX Platinum - NPSL (Approved for $75,000.00)
AMEX Gold Business - NPSL
Chase Sapphire Preferred ($22,500.00)
Bank of America Cash Rewards ($5,000.00) - Sock Drawer
Discover ($4,500.00) - Sock Drawer
Capital One Venture ($7,500) - Sock Drawer
Established Contributor
SwiftTone
Posts: 1,024
Registered: ‎02-27-2012

Re: Taking advantage of an offer ...

[ Edited ]

BullsEye10 wrote:

Well, I have a reunion coming up in April in South Beach.  One fof my friends is springing for a suite at The W Hotel, but around 14 of us are going to need to find alternate accomodations (or spend over $700 per night to stay at The W).

 

I found a Whyndham that is near The W (not on the beach but irrelevant with access at The W) that costs 15,000 points per night.  

 

I then found an ad for the Whyndham Rewards Card where I get 30,000 points after my first purchase (annual fee is $69.00).

 

My questions are as follows:

 

1.  Is this a decent card? I don't think it matters in your case because you you are keeping it for <1 year, and you will get 30k points.

 

2.  Should I recommend to my friends that half of us app for the card, take the 30,000 free points and get the free weekend (2 to a room)? That's up to them but it's a good plan. You should make sure they understand credit cards so they don't ruin their credit for 2 nights of hotel stay.

 

3.  The annual fee is waived the first year ... if I cancel before the first year is up do I owe them anything for the points I took advantage of? No. You can cencel before 1 year is up and you won't be olbigated to return the points.

 

Thanks in advance


 You may want to look into Priority Club by Chase. It's $49 a year, 1st year waived. And every year they give you 1 free stay which can be worth up to $500, so it pays for itself. That's what I'm apping for when the time comes.

BCE: $0/$11,200, CSP: $0/$6500, Chase Priority Club: $0/$3500, Freedom: $0/$5000, Barclays NFL: $0/$7000 Discover: $0/$10,000, Citi Dividend: $0/$2000

EQ FICO - 742
TU FICO - 730
EX FICO(AMEX) - 712
New Contributor
BullsEye10
Posts: 81
Registered: ‎03-26-2012

Re: Taking advantage of an offer ...

Thanks for the reply.

 

Does anyone know if this is a particularly tough card to get?  I don't wnat to propose something that may not be obtainable for my friends and cause issues.

 

Wyndham Rewards Visa

 

It is a Visa Signature card, does that mean it is more difficult by definition?

 

Thanks

 

 

AMEX Platinum - NPSL (Approved for $75,000.00)
AMEX Gold Business - NPSL
Chase Sapphire Preferred ($22,500.00)
Bank of America Cash Rewards ($5,000.00) - Sock Drawer
Discover ($4,500.00) - Sock Drawer
Capital One Venture ($7,500) - Sock Drawer
Established Contributor
SwiftTone
Posts: 1,024
Registered: ‎02-27-2012

Re: Taking advantage of an offer ...


BullsEye10 wrote:

Thanks for the reply.

 

Does anyone know if this is a particularly tough card to get?  I don't wnat to propose something that may not be obtainable for my friends and cause issues.

 

Wyndham Rewards Visa

 

It is a Visa Signature card, does that mean it is more difficult by definition?

 

Thanks

 

 


Visa Signatures are inheritanly harder to get approved for because it has a minimum of $5000 credit line. It's backed by Barclays though so if they are close, and their FICO scores and uti are in check, it shouldn't be a hard recon.

BCE: $0/$11,200, CSP: $0/$6500, Chase Priority Club: $0/$3500, Freedom: $0/$5000, Barclays NFL: $0/$7000 Discover: $0/$10,000, Citi Dividend: $0/$2000

EQ FICO - 742
TU FICO - 730
EX FICO(AMEX) - 712

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