In what seems to be a new trend for credit card providers, the Marriott Bonvoy American Express has just increased their earn rate. You’ll now earn the following Marriott Bonvoy points for your purchases between May 15 and August 31, 2020.
- 5 points per $1 on groceries, food delivery and takeout
- 5 points for per $1 spent at Marriott Bonvoy properties
- 2 points per $1 spent on all other purchases
The change only applies to grocery, food delivery and takeout purchases since you’ll now earn an additional 3 points per $1 spent. This is a 150% increase in your earn rate for those purchases, but there is a cap of 30,000 bonus points.
This is a temporary offer and was obviously introduced to help people during COVID-19, but it’s an increase nonetheless so it’s something that cardholders can be excited about.
The Marriott Bonvoy American Express is easily one of the best travel credit cards in Canada and Marriott Bonvoy is one of the best travel rewards programs. Don’t forget, Marriott has 20% off gift cards for a few more days so these two promotions can go a long way for your future travel plans.
Earn even more Marriott Bonvoy points
Although this promotion is excellent, I should mention that the American Express Cobalt gives you a better earn rate for Marriott Bonvoy points. With the Cobalt Card, you’ll earn 5 Membership Rewards Select points per $1 on groceries, food delivery and takeout. Those points can be transferred to Marriott Bonvoy at a 1:1.2 ratio so you’d be earning 6 Marriott Bonvoy points per $1 spent on groceries, food delivery and takeout.
If you happen to have both cards, use your Cobalt Card if you want to earn the most Marriott Bonvoy points possible on food. That said, if you only have the Marriott Bonvoy American Express, there’s really no need to apply for another credit card as the current promotion is excellent.
Good during the bad times
Many people are struggling right now due to COVID so it’s great to see how credit cards have been offering more value for their cardholders. Many rewards programs have increased the value of their points while others have reduced the number of points it takes to redeem gift cards or statement credits.
Normally, using your points for gift cards or a statement credit is never a good value, but you could argue now is the ideal time thanks to all of these promotions. Who knows when we’ll be able to travel again, so if you can use some of your points now to help you with your cash flow, do it!