How long does it take for Caesars tier credit to reflect spending on its Visa?

[core]

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@dvu wrote:

I wish I knew that I couldn't earn anything higher than platinum through the Visa. Free parking is nice but where the value is is when you hit diamond for no resort credit.

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Yeah I think I'd be a little upset if I just put $7500+ spend on a card thinking I'd be close to diamond, only to discover not.  Platinum gets you basically zilch.  On a brighter note you'll earn enough rewards credits to cover your resort fees and whatever else for your trip.   The only rub is you gotta stop by the front desk when checking out in order to apply the points which is a pain to me.

At my closest casino the resort fees are only like $10/night which doesn't sound like much.  But it does add up very quickly when you basically live in the casino hotel like I did.

Now that online sports gambling is legal in my state, I can meet diamond requirements each year in just a few short weeks without even leaving the house.  You can abuse their generous bonus wagers by betting at 2 different sportsbooks and rack up tier credits absolutely risk free.  I've pretty much given up casino trips for card counting as a result.  That's a hard life, and the booze takes its toll too.

[lakerfan2011]

U can buy the founders card I think it's either 395 or 495 a year and it gives u diamond status for caesars 

[core]

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@lakerfan2011 wrote:

U can buy the founders card I think it's either 395 or 495 a year and it gives u diamond status for caesars 

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I hadn't heard of that one.  Interesting "card" for sure.  The price is now higher than you remember:  $595/year and you have to pay a $95 initiation fee.  It does give you Diamond status but not Diamond Plus, so you still have to pay 1000 rewards credits ($10) each time you want to get into the lounge.

I haven't run the numbers, but for $690 I think you'd be far better off finding a video poker machine at your home casino with a near-100% EV and parking yourself at it for several hours.  If you take advantage of the daily multiplier bonus tiers (the only way it makes financial sense), you can get enough tier credits for Diamond in like 2 sessions.  Some do it in a day.  Yeah it takes a few hours for each of those days so it ain't for everyone.  Variance ("bad luck") could send you a couple grand in the hole, of course.  But I'd only "expect" to lose about $400-500 on average.  This also has the advantage of racking up all those rewards credits ($), plus real tier credits rather than status match so you are quite close to Diamond Plus if the lounge is your thing.

[trant3]

I have Caesars diamond and MGM gold status which both waives the resort fees, those fees do add very quick