I am a 10 year + Marriot Platinum member. The last few years I have gottent the Platinum Premier Elite upgrade (though I'm still not sure what that does). I have about 730 Lifetime nights, so by the end of this year or early next, I will achieve the required 750 nights. Unfortunately, my total lifetime point accumulation is only at 1.3 million of the required 2 million. For any other "lifers" out there, are there any tips for accumulating additional points? It might take another 3-4 years to accumulate another 700K points.
The thought on the Marriott Rewards Visa card is interesting. I will reach the 750 nights far before the necessasry points balance. I will be considering higher use of my MR Visa, but that should be compared with benefits/cash back you will lose on other credit cards. The simplest example is the 1% cash back I currently receive on Discover. If I move $50,000 (for example) of annual purchases from Discover to Visa, I get 50,000 MR points (perhaps a $300 value) plus 17 nights (at 51,000) credited towards elite status. So, in that simple example I give up $200 cash for getting the cred towards lifetime P and the additional elite nights (which may or may not be beneficial, depending on my other stays). The decision is not totally straightforward.
On the Marriott rewards visa, it's 3 marriott points to $1.00 USD spent....so this does add up. The only thing you have to do is decide whether the cash is needed or the status is needed. Because once you become Lifetime Platinum ( as I have since the beginning of the program), then you can switch back to the other card. So I think the value of the status is more valueable as I don't have to worry about getting the certain number of nights anymore.
Well, at least I seem to be on the right track. I have the Premier Visa and use it as much as possible abroad when I vacation. I'll have to look at the bonus night stuff. I don't want to purchase the time-share or vacation club; I don't see spending that kind of money to achieve the status as that important. I know there is the option of purchasing 50K points per year, which amounts to about 700 bucks. It seems to be just a waiting game now.