The Ritz Carlton group of hotels has its luxuries and reward offers for their customers. When customers begin visiting their group of hotels, they can benefit from these rewards immensely. But if you have a credit card from Ritz-Carlton, you can enjoy far greater benefits from them and with each stay, you have the scope to take back something from them.
However, to everyone’s dismay & disappointment, the Ritz Carlton Rewards Credit Card is not open to all right now. But, if you want it, there is a way you can take it. The Ritz-Carlton credit card was available for the last time till June 2018 and went off the market the very next month in July.
In this article, we show you how you can acquire the Ritz Carlton credit card.
|Credit Limit||Depending on your creditworthiness|
|Purchase APR||17.24% to 24.24%|
|Balance Transfer APR||5%|
|Minimum required credit score||More than 690|
|Average Regular APR||17.74% – 24.74% (variable)|
How to apply for Ritz Carlton Rewards Credit Card application?
To apply for the Ritz Carlton credit card, you must first apply for the Marriott Bonvoy credit cards. There are two Marriott Bonvoy credit cards- Marriott Bonvoy Bold and Marriott Bonvoy Boundless credit card. Once you apply for them, you need to increase their credit card balance followed by the placement of a request for swapping your present credit card with the Ritz Carlton credit card.
To go forward, you have to understand the process as given below.
Step 1: Apply for the Marriott Bold or Boundless credit card as given here by going to the link present on the Chase Group’s website. Press the Apply Now tab as shown in the image below.
Step 2: Add the information in the first part of the online form. It includes your name, SSN/ITIN, mailing address, and email address with the date of birth details.
Step 3: In the next segment, add the primary income source and telephone number alongwith other specified details.
Step 4: As you scroll down, you will come across the agreement and also the pricing terms and conditions. Read them carefully before checking the box that tells them you agree with their terms and conditions.
Press the Submit tab as and when you complete filling out the application form. The Marriott Bonvoy Boundless credit card is also having a similar application process. Apply for anyone, based on your pocket.
Step 5: You must apply for the credit card for 12 months, pay your bills and increase the limit of your credit card up to $10, 000.
Step 6: If you do not have any other Chase credit card and if you do not have enough funds,you can try to reallocate your credit card funds.
Step 7: Call the credit card number present at the back of your credit card requesting a product change whenever you want to switch to the Ritz Carlton credit card.
Step 8: After you are allowed to change your credit card type, you must apply newly for the Ritz-Carlton credit card or call them up to raise an application.
Step 9: Fill up all the essential information on the page and submit it for their review.
Ritz Carlton Rewards Credit Card application Requirements
Requirements that must be met when applying for the Ritz Carlton Rewards Credit Card includes the one given below;
- You have to have a Chase account mandatorily to move to the Ritz-Carlton credit card from J.P Morgan.
- An applicant must have a proper address and not just a PO Box address to start the application process.
- One needs to be a major or a minimum of 18 years of age as per their State laws to apply for the credit card.
- Your income and job profile should satisfy the credit card needs of Ritz Carlton.
Annual fees & Credit limit
For owning the Ritz Carlton rewards credit card, you must be ready to pay a sum of $450 annually towards their annual fee payment.
The credit limit for the credit card depends on the creditworthiness of the individual. One’s creditworthiness is determined by factors like his or her annual income, debts in the market, and also by their credit scores.
The pros of the credit card are many and some of them are being mentioned below.
- Redeeming the acquired points can be done in many different ways and not just by one or two ways.
- Value-added service is in the form of travel credits.
- Automatic upgradation to the gold elite status is possible with the help of this credit card.
- Earning rate from the credit card is higher for different types of purchases made with the card and is the highest with the Marriott Bonvoy credit card.
You need to bear several cons of this credit card while having it.
- The credit card has an annual fee of $450 and you must pay it to have the credit card.
- You are not entitled to a sign-up bonus with this credit card.
- You cannot directly apply for a credit card as it is not open to all.
Is the Ritz Carlton credit card worth it?
If you are a frequent Ritz Carlton guest, having this credit card can bring benefits to you. Even if you do not, still using this credit card can give you a lot of benefits. Having this credit card is worth it if only you can pay the annual fee for the credit card.
How much is the Ritz Carlton credit card?
The Ritz Carlton credit card is worth $450 an annual fee.
If you have doubts about the Ritz Carlton Rewards credit card, you can clear them up from this article. The Ritz Carlton credit card is full of benefits but is undoubtedly pricey. Do you want to take it? Before moving forward, read about the credit card from here.