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Sep 21, 2021 | 11:01 am

#1

radonc1

Join Date: Mar 2005

Programs: Continental Onepass, Hilton, Marriott, USAir and now UA

Posts: 7,360

The Founders Card

The card below isn't technically a credit card, but it behaves somewhat like a premium card and I have no other place to discuss it, so here goes.

I received this email from JP Morgan Wealth Management

Radonc1, welcome to your complimentary FoundersCard membership

I have (or had) no idea what in the world a "Founders Card" was, so I looked up a review of it on line.

FoundersCard Review – Is It Worth It? [2021]

My take away: It is not a credit card, but a discount card. Chase is willing to give me the first year ($595 + but reading between the lines, it may cost less).
Many of the benefits are duplicated by my Amex Plat card and my other credit cards (Hilton) or by my lifetime status in programs. Furthermore, with Covid basically eliminating my international travel for the foreseeable future, why have a card whose benefits are limited? But that is why we have FT

I could just take the deal. The problem is that renewal is $395/year and I have no idea what type of hoops I would have to jump through to cancel the program (maybe none).

I am looking to see if anyone has experience with this non-credit card card and opinions. The reviewer did a good job of hashing out the pluses and minuses, but other travelers opinions would be most useful, especially those who have had or have the card itself.

As an aside, the "great" deal with Cesar's is no longer true, from what I have read about it.

I hate deals where I have to cancel proactively to stop the process.

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