Join over 5,000 people who are subscribed to receive a once daily email with all of our posts. Never miss out! Click here to subscribe.
Want more info? Come join our Travel Hacking & Reselling Facebook communities to get the answers!
Mlife Rewards Mastercard Leaked Info
Yesterday I covered the news of Mlife’s significant rebranding effort. Instead of simply being known as Mlife, the program is now called Mlife Rewards and they have a new website. As part of yesterday’s earth shattering announcement, the company teased another announcement coming in June where they will, “introduce an exciting new way to earn more rewards.”
Well I think we now know what that “exciting” new way is. Mlife Rewards is getting ready to launch a new co-branded credit card with First National Bank of Omaha. The news comes from Vegas Bright who managed to find a PDF file on the Mlife Rewards website that is designed to coach employees about the product.
Mlife Rewards Mastercard Details
Here is how you will earn points according to the linked PDF:
- 3x points per $1 spent at M life Rewards Destinations
- 2x points per $1 spent on gas and at supermarkets
- 1x point per $1 spent everywhere else
- 1 Tier Credit for every point earned
“Points earned on the M life Rewards MasterCard can be redeemed for FREEPLAY® or Express Comps™ for use towards rooms, dining, and entertainment.”
This is how the sign-up bonus will work:
- 10,000 points after spending $1,000 in the first 3 billing cycles
Among the cardholder benefits of the card are:
- Priority hotel check-in at M life Rewards Destinations
- Automatic upgrade to Pearl status which includes…
- Complimentary self-parking at Las Vegas M life Rewards Destinations
- Buffet line pass at Las Vegas M life Rewards Destinations
- No Foreign Transaction Fees
- No Annual Fee
Is This A Good Product?
Well many will tout the Pearl status and free parking that comes with it, I would argue that the Hyatt credit card is a significantly better product. It comes with 2 free nights as a sign-up bonus and a free night annually in exchange for the $75 annual fee. So you do pay an annual fee, but you get a free night at any category 1-4 property. In my opinion that is worth it.
Additionally the Hyatt credit card gives you Hyatt Gold Passport Platinum status which can be matched to Mlife Gold. In other words, it gives you a higher status than the Pearl status Mlife’s own credit card will give. That means all of the above mentioned benefits and a few more such as modest room upgrades.
One Good Use for the New Mlife Rewards Card
While this may be a stretch, members may be able to use the Mlife Rewards Mastercard to top off there tier credits in order to qualify for the next tier. It remains to be seen if you will get a tier multiplier bonus for tier credits earned from the card, but a lot of MS at grocery stores could result in earning Platinum status and getting a free cruise and other benefits. I see this is a very niche scenario and one that most people won’t find themselves in.
For most people, utilizing the Hyatt credit card and the Mlife status match will be the best way to go in order to avoid parking in Las Vegas. I find it interesting that Mlife Rewards is finally getting a credit card, but I am underwhelmed by the value and feature set. With that said, I’m sure they will sell plenty of them at check-in with the promise of free parking!
What do you think about the new Mlife Rewards Mastercard? Let us know in the comments!
This post may contain referral, affiliate or sponsor links that provide Miles to Memories compensation. Thank you for your support.