zerocylinders
TUG Member
We have decided to take the plunge and buy 2 St. Kitts resale weeks from Marriott (direct sales) that will get us 10,000 DC points (enrolled) plus a ton of bonus points.
We are going for the financing option for extra bonus points at the end of 18 months (an extra ~10K bonus DC points after 18 months).
If we put 10% down, we will have ~$8K down payment, which I understand from the sales person they will let me put on a credit card. The sales person told me they will also allow me to make all loan and maintenance payments on a credit card to get points!
Has anyone made a down payment from Marriott resales on a credit card to get points
I am interested in how the charge will be treated for points purposes on Amex or Chase Sapphire - specifically whether it will qualify as "Hotel" purchase (Amex 5x points); or "Travel" (Chase Sapphire 3x points)?
If not, then my best bet is my United Club card which will give me 1.5x on all purchases, but obviously I would be much better off if the purchase qualifies under Amex Hotel or Chase Sapphire "Travel" categories...so picking the right card will make a pretty big difference in terms of points payoff here.
Also, does Marriott charge a "convenience fee" or increase the interest rate if you do this (HGVCI know charges a higher interest rate if you use your credit card to pay, which mostly defeats the benefits of getting points on the credit card).
Anyone with knowledge / experience please let me know!
We are going for the financing option for extra bonus points at the end of 18 months (an extra ~10K bonus DC points after 18 months).
If we put 10% down, we will have ~$8K down payment, which I understand from the sales person they will let me put on a credit card. The sales person told me they will also allow me to make all loan and maintenance payments on a credit card to get points!
Has anyone made a down payment from Marriott resales on a credit card to get points
I am interested in how the charge will be treated for points purposes on Amex or Chase Sapphire - specifically whether it will qualify as "Hotel" purchase (Amex 5x points); or "Travel" (Chase Sapphire 3x points)?
If not, then my best bet is my United Club card which will give me 1.5x on all purchases, but obviously I would be much better off if the purchase qualifies under Amex Hotel or Chase Sapphire "Travel" categories...so picking the right card will make a pretty big difference in terms of points payoff here.
Also, does Marriott charge a "convenience fee" or increase the interest rate if you do this (HGVCI know charges a higher interest rate if you use your credit card to pay, which mostly defeats the benefits of getting points on the credit card).
Anyone with knowledge / experience please let me know!