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Last month, TPG contributor and COO Leigh Rowan took a new look at FoundersCard to see whether it’s a good fit for various spending and travel habits, and whether the benefits it offers justify the annual fee. He also discussed the discount offered to TPG readers who are new cardmembers; while that offer was scheduled to end in February, I’m happy to announce that it has been extended through the entire month of March.
The current public offer for FoundersCard includes an annual fee of $795/year for membership, plus a one-time $95 initiation fee. However, if you use the code FCPOINTS15 at sign-up, you’ll receive the annual membership for only $395 (again, this code is valid through the end of March, 2015).
Since the last post, FoundersCard has added additional benefits for cardmembers, including:
- New hotel properties such as The St. Regis Istanbul and the Andaz Tokyo
- 15% rebate on Hotel Tonight bookings
If you’re curious about FoundersCard, this is a good opportunity to try it, since you effectively reduce your annual fee for owning the card by more than half. The new hotel perks are a welcome addition, especially the discount with Hotel Tonight, which I use regularly. (P.S., if you haven’t used Hotel Tonight previously, you can use the code BKELLY99 to receive $25 off your first booking.)
The two new hotel properties also improve the breadth of FoundersCard reward options, and are nice additions to the program. Check out my recent trip report covering my stay at the Andaz Tokyo for an inside look.
As a reminder, if you sign up for a FoundersCard and use the code FCPOINTS15 at sign-up, you’ll receive annual membership for only $395.
There was mixed feedback about FoundersCard last month; I heard from several readers who applied and are now happily active members, though some previous cardholders voiced dissatisfaction with the cancellation policies. I’m interested to hear more about your experiences with the card, so please share your thoughts in the comments below. While this premium card has one of the highest annual fees on the market, it has several valuable perks that could make it worthwhile, depending on your travel patterns. These include a $200 annual airline rebate, lounge access, free Hilton Gold status and free Starwood Preferred Guest Gold status.
While this premium card has one of the highest annual fees on the market, it has several valuable perks that could make it worthwhile, depending on your travel patterns. These include a $200 annual airline rebate, lounge access, free Hilton Gold status and free Starwood Preferred Guest Gold status.