This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

Marriott plans to announce four changes to its Rewards program next week, according to an official post on the Marriott Rewards Insiders site. These are all positive changes, though note that the first program addition (outlined below) has been in effect for quite some time.

More details are coming on Monday, but for now we know the following, based on the post (and confirmed with a Marriott representative):

  1. Points Advance – Available now! Marriott Rewards and The Ritz-Carlton Rewards members are able to book redemption stays before having sufficient points to cover the cost of that stay.
  2. Points Sharing – Beginning Oct. 12, 2015 Marriott Rewards and The Ritz-Carlton Rewards members will have the ability to share points with friends and family. Members can transfer up to 50,000 points from their account each year!
  3. Redemption Stay Credit – Starting Nov. 1, 2015 Marriott Rewards and The Ritz-Carlton Rewards members will earn Elite night credit on redemption nights paid for with points.
  4. NEW Cash + Points – Coming in early 2016, the NEW Cash + Points will give Rewards members the flexibility to use a mix of cash and points to cover single or multi-night redemption stays.

marriott

All three of these new additions are quite exciting. Starwood currently lets you share points for free with someone with the same mailing address, and Hilton allows points transfers, but with a fee of $10 per 1,000 points. Hyatt allows free transfers with any other member if you’re redeeming for a specific award.

As for stay credits, Marriott and Hyatt are the only major programs that still don’t offer stay credits for award nights — fortunately, that’ll change for Marriott next month. Cash and points redemptions are also commonplace with other programs, but it’s nice to see Marriott catching up to the pack here. It’s unclear how much you’ll need to shell out for redemptions, though.

Overall, these are all welcome additions. Ultimately, Marriott’s playing catch-up here, but late is better than never.

The best beginner points and miles card out there.
Chase Sapphire Preferred® Card

 

Apply Now
More Things to Know
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Chase Sapphire Preferred® named a 'Best Travel Credit Card' by MONEY® Magazine, 2016-2017
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
Intro APR on Purchases
N/A
Regular APR
17.99% - 24.99% Variable
Annual Fee
$0 Intro for the First Year, then $95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent Credit

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.