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The Wyndham Rewards Visa is SEVERELY underrated

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kdm31091
Super Contributor

Re: The Wyndham Rewards Visa is SEVERELY underrated

To me for a 39 dollar room youd be better to just save up cash back on a decent cash back card and enjoy more flexibility. But to each their own. Whatever makes you happy.
Message 41 of 175
Anonymous
Not applicable

Re: The Wyndham Rewards Visa is SEVERELY underrated

👍
Message 42 of 175
core
Valued Contributor

Re: The Wyndham Rewards Visa is SEVERELY underrated


@kdm31091 wrote:
To me for a 39 dollar room youd be better to just save up cash back on a decent cash back card and enjoy more flexibility. But to each their own. Whatever makes you happy.

That's precisely the conclusion I came to.  But like many here, I have many avenues for spending available.  And if you read my first post in this thread you know I'm just trying to get in with Barclays because there seems to be no way for Iowa residents.  That's my primary motivation.  But I'd also like to get whatever I can along the way.

Message 43 of 175
Sharingan
Established Contributor

Re: The Wyndham Rewards Visa is SEVERELY underrated


@NRB525 wrote:

@Anonymous wrote:

@kdm31091 wrote:

Like any hotel card it really only makes sense if you frequent Wyndham properties, and some of them are not exactly widespread. So it depends where you live and where you go. I think a lot of people have hotel cards unnecessarily, when the amount they go there doesn't really justify the card (AF or not, it's still an extra account to deal with). Also some reviews I've seen have said that this card is really only average when it comes to value (i.e. putting general spend on it is not competitive in terms of return, and the return on their properties is good but only if you are going frequently, otherwise a cash back card at 2% is probably better in the overall long run).

 

Keep in mind also that the actual Wyndham Rewards program is free to join without even having the credit card, so that's an option too, for those who stay there occasionally but not enough to warrant having the actual credit card.


Make sure you are reading reviews of the program after its March 2015 revamp. The program before that point was very lackluster, but after an extensive ramp-up of the program in March, Wyndham rewards is arguably one of the most competitive hotel rewards programs out right now according to "The Points Guy".


OP you are spot on with this thread. Those of you commenting negatively? You, respectfully, have not done adequate research about Wyndham. With this card and the Cash & Points, you can get at least 1 cent per point value, and in the higher cost properties, 6+ cents per point.

 

Here's an example:

Travelodge Seattle by the Space Needle. Daily cash rate: $263.46. That would cost you 15,000 points (all properties are 15,000 points if only points are being used. This is NOT the best use of the points). At this expensive property, it works out to 1.7 cents per point, if you used the 15,000 points. Not bad, right?

If you use Cash + Points, however, you pay 3,000 points plus $75. That means you save $188.46 for giving up those 3,000 points, and each of those 3,000 points is 6.2 cents per point in value.

 

And with both Wyndham credit cards, you get two points per dollar on general spend.

 

If you go to a web site after searching for something called Hotel Hustle, you are able to get to a map of the area you want to visit, and you will be able to see how many Hyatts (hardly any) Marriotts (more) and Wyndham (many more) properties there are, ranked by the cash and cash+ points options for each of those hotels. It's an eye opener how many Wyndhams show up, and the value of those 3,000 points items.


I'm terribly sorry, but I don't see where anyone responded negatively prior to your post. The points could abstractly be worth 10 cents each and it wouldn't change the fact that if someone doesn't stay there, then the value is essentially 0 cents per point to them. Personally, I researched what I wanted to see, and I reached the conclusion that the card isn't what I need at this moment. I'd like to believe that most people don't apply for a credit card just because it works well for others.

 

 



Message 44 of 175
kdm31091
Super Contributor

Re: The Wyndham Rewards Visa is SEVERELY underrated

I agree that no one was really negative, just realistic. The points at the end of the day are only worth as much as you can use them. Since I travel fairly infrequently, domestically, am not super loyal to any one chain, etc, for me there's no point in a cobranded hotel card.

I dont want to be tied to one brand, having to worry if they have the properties where im going and such. Im a pretty budget traveler too. Thats why I think for cheaper accomodations a cash back card is ultimately better. Youre just spreading spend onto the Wyndham card, diluting your other rewards, for a 39 dollar room. Makes very little sense.

I mean if it works for someone great. Doesnt mean everyone has to chime in and agree how underrated the card is. We all know that no super lucrative card gets by myfico, especially one for travelers. So the fact that this card is not very popular must have a reason!
Message 45 of 175
kdm31091
Super Contributor

Re: The Wyndham Rewards Visa is SEVERELY underrated

Also with regard to "getting in with" a lender. ...IMO overrated. Why get a card you dont really want just to have a card with them? If they have nothing that interests or benefits you then so be it
Message 46 of 175
elim
Senior Contributor

Re: The Wyndham Rewards Visa is SEVERELY underrated

sounds like a decent card but i never stay at these properties.

 

Message 47 of 175
Anonymous
Not applicable

Re: The Wyndham Rewards Visa is SEVERELY underrated


@elim wrote:

sounds like a decent card but i never stay at these properties.

 


I agree. I don't stay at those kinds of properties either.

Message 48 of 175
NRB525
Super Contributor

Re: The Wyndham Rewards Visa is SEVERELY underrated


@kdm31091 wrote:
Also with regard to "getting in with" a lender. ...IMO overrated. Why get a card you dont really want just to have a card with them? If they have nothing that interests or benefits you then so be it

This is a negative comment. Many many credit card issuers have lower tier underwriting for certain cards and after spending some time with that card, the applicant can get a different card they are building toward.

Message 49 of 175
takeshi74
Senior Contributor

Re: The Wyndham Rewards Visa is SEVERELY underrated


@NRB525 wrote:

OP you are spot on with this thread. Those of you commenting negatively? You, respectfully, have not done adequate research about Wyndham. With this card and the Cash & Points, you can get at least 1 cent per point value, and in the higher cost properties, 6+ cents per point.


Responses haven't been negative -- just pointing out the subjective nature which applies to any card.  Any card is subject to being relevant or not relevant to a particular person's needs/wants/priorities/preferences regardless of the notion of "overrated" or "underrated" -- both also highly subjective.  No card is one-size-fits-all.  For me, Wyndham is a nonstarter.  YMM certainly V as always.  No need to get all defensive if a given card works for you and doesn't for others.  Use whatever it is that works for you.  Others can and may use different options.

 


@NRB525 wrote:

This is a negative comment. Many many credit card issuers have lower tier underwriting for certain cards and after spending some time with that card, the applicant can get a different card they are building toward.


Again, not negative.  You may not agree with the opinion presented but disagreeing with you does not define negative.

 

The problem with your assertion is that it's difficult to definitively prove either way.  It would take careful analysis of specific situations.  One's credit could have sufficiently improved in the time that one qualified for the lower tier product.  We can't go back in time to run additional scenarios for comparison to see if one would have better luck waiting and applying or relying on "relationship".  The data that we do have is just anecdotal with people assuming that opening X card led to an approval with Y since it was approved.  People quite often assume causality without carefully considering the matter.

Message 50 of 175
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