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-   -   Marriott Status Buyback program question (https://www.flyertalk.com/forum/marriott-rewards/1718707-marriott-status-buyback-program-question.html)

AnxiousTraveler52 Oct 22, 2015 7:23 am
Marriott Status Buyback program question
 
So the program usually happens in February. Is that to buy back the status for that year or the following year? Assuming they keep the buyback program running.

joshua362 Oct 22, 2015 7:34 am
I imagine it would be for the year starting 3/1/xx, when all the elite levels renew.

AnxiousTraveler52 Oct 22, 2015 8:03 am
Originally Posted by joshua362 (Post 25600273)
I imagine it would be for the year starting 3/1/xx, when all the elite levels renew.
So if I was considering the Ritz Carlton card to go gold, when would be the best time to apply and have the status for a year before buying it back the following February? (Assuming they keep the buyback program. )

SkiAdcock Oct 22, 2015 8:30 am
Originally Posted by AnxiousTraveler52 (Post 25600410)
So if I was considering the Ritz Carlton card to go gold, when would be the best time to apply and have the status for a year before buying it back the following February? (Assuming they keep the buyback program. )
If you keep the Ritz card, aren't you Gold as long as you have it?

Also, keep in mind if you buy back status, those points are deducted from lifetime points.

Cheers.

joshua362 Oct 22, 2015 8:34 am
Originally Posted by AnxiousTraveler52 (Post 25600410)
So if I was considering the Ritz Carlton card to go gold, when would be the best time to apply and have the status for a year before buying it back the following February? (Assuming they keep the buyback program. )
IDK for sure, I would confirm with Chase/ Marriott before applying or look in the fine print. This late in the year I would like to think it would be extended to 2/28/17 if you got it now but that is just a guess.

Just make sure you will actually use the Gold benefits before plunking down the $$, most lounges have declined badly in the last few years that bottled water is the biggest benefit for me. If you don't mind what you eat, then it might be beneficial...

AnxiousTraveler52 Oct 22, 2015 9:12 am
Originally Posted by joshua362 (Post 25600560)
IDK for sure, I would confirm with Chase/ Marriott before applying or look in the fine print. This late in the year I would like to think it would be extended to 2/28/17 if you got it now but that is just a guess.

Just make sure you will actually use the Gold benefits before plunking down the $$, most lounges have declined badly in the last few years that bottled water is the biggest benefit for me. If you don't mind what you eat, then it might be beneficial...
Honestly, i'm happy with oatmeal and yogurt for breakfast, and this saves me money each morning. The water is also good. The free internet helps too.

irishborn430 Oct 22, 2015 9:34 am
Originally Posted by AnxiousTraveler52 (Post 25600729)
Honestly, i'm happy with oatmeal and yogurt for breakfast, and this saves me money each morning. The water is also good. The free internet helps too.
All MR members now receive free internet when booking through Marriott.com

AnxiousTraveler52 Oct 22, 2015 10:49 am
Originally Posted by irishborn430 (Post 25600845)
All MR members now receive free internet when booking through Marriott.com
Still the breakfast and water though. May only keep the card for about a year and use points to buy it back after that. It takes 60,000?

SkiAdcock Oct 22, 2015 11:29 am
Originally Posted by irishborn430 (Post 25600845)
All MR members now receive free internet when booking through Marriott.com
Yes, but only Gold/Plat/Plat Premier get free top-tier internet. Silver & General Members get basic i-net free.

Cheers.

Saidoh Oct 22, 2015 2:06 pm
Originally Posted by irishborn430 (Post 25600845)
All MR members now receive free internet when booking through Marriott.com
The OP may be part of the club (I'm a member as well) of people who rarely book through Marriott.com simply because we aren't allowed to for most stays.

leeky Oct 22, 2015 8:05 pm
+1

Originally Posted by skiadcock (Post 25600543)
also, keep in mind if you buy back status, those points are deducted from lifetime points.

cheers.
-1

Originally Posted by sethb (Post 25556070)
Usually, you drop to Gold, and are offered a chance to buy back Platinum for (e.g.) 25K points. Be careful: those points are sometimes deducted from your Lifetime Points, but they shouldn't be and you can get them back.

AnxiousTraveler52 Oct 23, 2015 7:12 am
Originally Posted by SkiAdcock (Post 25600543)
If you keep the Ritz card, aren't you Gold as long as you have it?
It says you're gold for the first account year, but then you have to spend $10,000 each account year to keep it.

AnxiousTraveler52 Oct 23, 2015 7:13 am
Originally Posted by leeky (Post 25603563)
+1



-1
Where did you get the second one from?

leeky Oct 23, 2015 7:16 am
see the little arrow just to the right of the posters name...... put your cursor on it and press........... whallah!!!!!!!!!!!!!!!!!

Originally Posted by AnxiousTraveler52 (Post 25605051)
Where did you get the second one from?

SkiAdcock Oct 23, 2015 11:33 am
Originally Posted by AnxiousTraveler52 (Post 25605049)
It says you're gold for the first account year, but then you have to spend $10,000 each account year to keep it.
Ah, didn't realize that. Good to know. (I don't have the Ritz card so didn't know the T&Cs).

Cheers.


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