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Home > Credit Cards > Ritz-Carlton Rewards® Credit Card

Ritz-Carlton Rewards® Credit Card

Snapshot of Card Features:

  • The world-class service you experience when staying at The Ritz-Carlton can always be within reach with The Ritz-Carlton Rewards® Credit Card.
  • Earn 50,000 points after you use your card for the first time, redeemable for a complimentary night at most of our luxury properties
  • Earn 5 points per $1 spent at The Ritz-Carlton hotels, 2 points per $1 spent on airline tickets purchased directly with the airline, and at car rental agencies and restaurants, and 1 point per $1 spent on all other purchases
  • Exclusive member benefits include a $100 Hotel Credit for qualifying dining, spa, and hotel recreational activities during every two night stay or longer
Intro AprBalance TransferOngoing APRAnnual FeeCredit Needed
N/A15.24%15.24%$395Excellent
 

Our Expert Review

Rates & Term Details

Complete Card Details
For the complete terms and conditions, view this card's Schumer Box

What is a Schumer Box?
A Schumer Box includes the following rate and term information for all credit cards:

  • Annual Percentage Rate (APR) for purchases (or interest rate)
  • Other APRs - interest rates for balance transfers, cash advances, default, etc.
  • Variable rate information (if applicable)
  • Grace Period
  • Finance calculation method
  • Finance Charges
  • Annual Fee (if applicable)
  • Other fees - transaction fees, balance transfers, cash advances, late payments, over-limit, etc.

Important
Always read the terms and fees disclosure provided by the credit card issuer on their site before applying. The issuing bank's terms may include more detailed or updated information than presented here.

Notes
*View Ritz-Carlton Rewards® Credit Card card rates, fees, rewards and other important information.


Beverly Harzog - September, 2011

The Ritz-Carlton Rewards Credit Card is designed for the consumer who enjoys the good things in life. If you want an enhanced travel experience and you stay frequently at the Ritz-Carlton, then this might be just the card for you. With your first purchase, you receive 50,000 Ritz-Carlton Rewards points as a Founding Member.

Benefits

You get to enjoy the 24-hour J.P. Morgan Premier Concierge Service. Plus, with this card you'll receive special hotel privileges, such as a $100 Hotel Credit to be used toward dining, spa or recreational activities when you stay at least two nights at The Ritz-Carlton. You get complimentary membership in Priority Pass Select, which gives you access to hundreds of airport lounges.

Rewards

With your first purchase, you receive 50,000 Ritz-Carlton Rewards points, which is enough for a complimentary night at a Ritz-Carlton. You earn five Ritz-Carlton points for each $1 spent at The Ritz Carlton. You earn two Ritz-Carlton points for each $1 spent on qualifying airfare, car rentals and dining. And you earn one Ritz-Carlton point for each $1 spent on all other purchases. You automatically receive Gold Elite status as a cardholder, which gives you a 25 percent bonus on Ritz-Carlton Rewards membership base points and room upgrades. Note that you need to spend $10,000 each year to maintain this status. You may also redeem your points at Marriott hotels or convert your points to frequent flyer miles to be used with participating travel partners. You get a $200 annual credit to pay for incidental airline expenses, including baggage fees and in-flight beverages and meals.

Balance Transfers

There's a 3 percent balance transfer fee. This card carries a 15.24 percent variable APR on balance transfers.

Rates

The Ritz-Carlton Rewards Credit Card carries a 15.24 percent variable APR on purchases. Cash advances carry a 19.24 percent variable APR and there's a 3 percent fee. There are no foreign transaction fees. There's a $395 annual fee.

Who Should Apply

Consumers who frequently stay at Ritz-Carlton hotels and who don't mind paying a high annual fee for excellent benefits and perks. This card has no foreign transaction fees so it's also a good choice for consumers who travel overseas.

Credit Standing

You need to have a credit score of at least 750 to qualify for this card.

Author

Beverly Harzog

About Credit.com's Credit Cards and Prepaid Cards:

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The key to success with credit cards is to know how to use them to your advantage and not to get caught up in the traps that lurk behind the benefits. Credit.com offers many kinds of credit card benefits, from airline and gas rewards to cashback cards, and the first step is filling out a credit card application online. You can also apply for specialty credit cards, such as student credit cards or business credit cards. Credit.com also offers credit cards for the United Kingdom and Canada.

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The Pros and Cons of Prepaid Cards

Prepaid cards offer the convenience of a credit card without the difficult approval process or risk of getting into debt. These cards work a lot like a gift card, you will have to load the account with cash (direct deposit is usually available) before you can use it for a purchase

Prepaid cards are not credit cards; you cannot spend more than the balance you have deposited and you will not be charged interest for your spending. The prepaid account will not be reported to the credit bureaus as a credit card.

Pros:
Cons:

Fees and charges can vary significantly between different prepaid credit card offers. Be sure to read the fee schedule for the prepaid credit card before you apply.


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