New Credit Card Earns Free Nights at Any Hotel
Yesterday, Stash Hotel Rewards and Synchrony Financial launched the Stash Hotel Rewards Visa Card.
Stash Hotel Rewards, an independent hotel rewards program, lets members earn points for staying at one of over 150 independent hotels in 100 U.S. cities. Currently, loyalty card holders earn five points per dollar for each stay. The new Visa credit card gives members the ability to earn additional points on other purchases.
The card offers the most rewards for frequent travelers. 2x points are earned on hotels outside of the Stash Network, as well as for gas and dining purchases. Those who stay at the Stash Partner Hotels will earn 3x points when they use their Visa, which is on top of the 5x points they are already earning for being members of the Stash Hotel Rewards program. All other purchases with the Stash card will earn 1x points.
“Until now, carrying a hotel loyalty credit card meant you were committing to a single hotel brand,” said Tom Quindlen, executive vice president and CEO of Retail Card, Synchrony Financial. “The Stash Visa Card changes all that. Now you can stay at any hotel and earn double Stash points.”
Jeff Low, CEO of Stash Hotel Rewards, said, “Travelers who love authentic hotel experiences sometimes find themselves stuck at a chain hotel.” He went on to stay that the Stash Visa allows cardholders the ability to earn “a free room at a one-of-a-kind independent hotel” even if they have stayed somewhere outside the Stash network.
Benefits of the card include:
- No blackout dates
- The points never expire
- The opportunity to earn 10% of your points back after you redeem
- No foreign transaction fees
As an introductory bonus, a consumer making $1,500 in purchases on a new Stash Visa Card within 90 days of opening the account will receive 10,000 Stash points.