(Targeted?) Increased Mlife Rewards Credit Card Offer
Shawn and PDX Deals Guy received emails with an increased offer for the Mlife Rewards credit card. The increased offer may make this a card worth getting if you frequent Las Vegas and enjoy Mlife properties.
Details on the Offer
The standard offer on the Mlife Rewards credit card is for:
- 10,000 bonus points (worth $100) after spending $1,000 within the first 3 months.
These bonus points are comp points that can be used towards restaurants, spa services, or room rates on Mlife properties. Overall it isn’t a super compelling offer since you can easily find $200 cash bonuses after $500 in spend for other cards, like the Chase AARP card.
With the increased offer you still get the 10,000 points offer but they are throwing in a free night at Mandalay Bay upon approval. Here are the terms of this offer:
- Application must be submitted by 7/21/18
- You will receive free night instructions via email within 7 days of approval
- Room must be booked by 8/21/18
- Travel must be completed by 12/21/18
- You still have to cover the resort fee and taxes.
Those are a lot of restrictions for a free night but as far as I can tell the offer isn’t day locked or restricted to weekdays etc.
Details on the Credit Card
The MGM Rewards Credit card comes with complimentary Pearl status which gets you free parking. That alone may be worth it for some people if they frequent Vegas often. Remember you can get Pearl status with the Hyatt credit card as well which comes with a superior welcome offer. You just have to status match your Hyatt status to MGM.
The card’s earning structure is as follows:
- 3 points & tier credits per dollar at MGM locations
- 2 points & tier credits per dollar at gas stations and grocery stores
- 1 point & tier credits per dollar everywhere else
You can get better rates than these with other credit cards. But, if you are chasing status with MGM then earning tier credits on regular spend could help you get to the next level.
It is hard to put a value on a free night, especially in Las Vegas where rates are all over the place. I can say that Mandalay Bay, while at the far end of the strip, is a very nice hotel and it has a nice pool area. That may make it a better family friendly location versus other places on the strip.
I guess the free night could be valued in the $100-150 range. That is probably on the low side but when paired up with the 10,000 point bonus and Pearl status this may make sense for some people.
I would still say the Hyatt credit card is better for most since it gives you the same status, after matching to MGM, and could get you 2 nights at Mandalay Bay with the Hyatt points you earn. Although most of the time you will get a better value out of your Hyatt points using them elsewhere.
Did you get the offer? Are you planning on applying if you did?