Re: Taking advantage of an offer ...[ Edited ]
12-20-2012 12:15 PM - edited 12-20-2012 12:18 PM
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.
EQ FICO - 728
TU FICO - 743
EX FICO(AMEX) - 712