Ritz-Carlton Card: $695 Fee Hike, New Perks?
The Ritz-Carlton credit card, a discontinued yet popular luxury card, is rumored to be increasing its annual fee from $450 to $695 starting August 1st. This significant jump comes alongside potential new benefits, including a $200 credit for renowned hotels and resorts, and three Ritz lounge vouchers. Existing cardholders may enjoy the lower fee for a few more months before renewal. The card's acquisition is indirect; applicants must first obtain the Marriott Bonvoy Boundless card, maintain it for a year, and meet a $10,000 credit limit requirement for upgrade eligibility. Despite the fee increase, the Ritz-Carlton card retains attractive features such as a $300 annual travel credit, 85,000 bonus points, Priority Pass access for authorized users, Marriott Gold status, and travel/purchase protections. The card earns 6x points on Marriott Bonvoy hotels, 3x on dining/car rentals/airlines, and 2x on other purchases. Additional benefits include an annual free night award (up to 85,000 points), Ritz-Carlton Club upgrades, Global Entry/TSA PreCheck credits, and more. While the fee increase is substantial, the enhanced benefits and existing perks may still make it appealing to high-spending luxury travelers. The uncertainty surrounding the exact implementation date and new benefits requires further confirmation from J.P. Morgan Chase.
(Source: https://dannydealguru.com/ritz-carlton-card-annual-fee-going-up-to-695/)
