Very interesting. Iīve never heard of a Faimont affilitiated CC, so Iīm thinking this may either be a card from bygone days or a card to be launched in the near future.
The two free nights offer sounds like cardholders would get two so-called Ovation certs which entitle you to two nights in a particular hotel category (IIRC Fairmont hotels are divided into four Ovation categories) incl. breakfast with no capacity control and very few black-out dates. If thatīs the case, itīs an excellent deal. If I had to guess, Iīd think the certs apply to all Fairmont hotels except the Savoy and the Plaza (as those are only "managed by Fairmont"), but thatīs really only a guess right now.
What will be much more interesting to see is how they design the rewards for continuous spend as Fairmont doesnīt have a points-based program.
1 free night for every $25000 of CC spending? Will they introduce some kind of artificial CC points which can redeemed for F&B vouchers, free nights, activities etc.?
Definitely an interesting development...though Iīm not sure Iīm too happy about it myself...