Provide the latest cards from Wyndham Reward It’s not something you’re used to seeing from a loyalty program.
Wyndham Rewards Debit Card launches Monday, with Wyndham rewarding the industry’s first major loyalty program and offering David in its suite Reward Card.
Wyndham Rewards’ new debit card offers options for those who want to earn points and benefit from the program but don’t want to add them. Hard pull to their credit report Or credit cards to their wallets. You don’t need it Credit score To get it.
However, it is important to find a higher rate of return and more perks within the adopted credit card suite. Wyndham Rewards Earner® Card, Wyndham Rewards Earner® Plus Card and Wyndham RewardsEarner® Business Card.
Charmaine Taylor, senior vice president of Wyndham’s Strategic and Financial Partnerships, said he hopes debit cards will fit into the wider suite of brands as an option for those who want to avoid debt and for certain millennials and generations of travellers.
“Our debit cards are less as entry points, but as a complementary addition to our larger card portfolio, it shows that everyone can earn points,” Taylor said.
Here’s what you need to know about the new Wyndham Rewards debit card:
Information on Wyndham Rewards Debit Card, Wyndham Rewards Harner Card, Wyndham Rewards Harner Plus Card, Wyndham Rewards Harner business cards is collected independently by Points Guy. The card details on this page are not reviewed or provided by the card issuer.
Compare Wyndham Rewards debit cards with Wyndham credit cards
Taylor said he views the Wyndham Rewards debit card as a complement to the three credit cards in the loyalty program. She highlighted Wyndham’s philosophy of having “product offerings for everyone” including debit and credit spenders.
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Here’s a deeper comparison between debit cards and Wyndham’s more profitable credit card offerings:
| Card name | Wyndham rewards debit cards | Wyndham Rewards Harner Card | Wyndham Rewards Harner Plus Card | Wyndham Rewards Harner Business Card |
|---|---|---|---|---|
| Related fees | $6 monthly fee (exempt if you maintain an average monthly account balance of $2,500) | $0 | $75 | $95 |
| Welcome bonus | Create at least two direct deposits and earn 2,500 points after spending $100 in the first 90 days after opening an account. | After spending $1,000 on a purchase in the first 90 days, you earn 30,000 points. | After spending $1,000 on a purchase in the first 90 days, you earn 45,000 points. | eARN spent up to 75,000 bonus points – $4,000 on purchases, 50,000 points after paying the full annual fee within the first 90 days, and another 25,000 points after spending $12,000 on purchases within the first 365 days. |
| Elite Status | Wyndham Gold | Wyndham Gold | Wyndham Platinum | Wyndham Diamond |
| Revenue Rate |
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| Annual Points Bonus |
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If you spend at least $15,000 on a qualified purchase, earn 7,500 bonus points each year. | Earn 7,500 bonus points for each anniversary. | Earn 15,000 bonus points each year. |
The Wyndham Rewards debit card was developed in collaboration with Sophie’s technology platform, Galileo Financial Technologies. The card was issued by Sunrise Banks and is supported by the MasterCard Payment Network.
Since the card is backed by a MasterCard, you do not need to pay the ATM fee if you use a MasterCard-backed ATM. (Find your nearest ATM) here. )
Related: Which Wyndham Rewards credit card is right for you?
Who is the Wyndham Rewards debit card?
Taylor said Wyndham Rewards is trying to capitalize on the market for frequently debit card users and young travel-oriented people.
“Despite the size of this market, there are very few reward programs that actually have debit cards as part of their portfolio,” Taylor said. “It’s an opportunity that’s missed, especially in travel and hospitality, as these debit card holders are overlooked due to traditional reward programs.”
Still, you’ll receive far more value from your Wyndham credit card. Even the annual Wyndham Revenue Card has a significantly higher point collection rate than this debit card.
The difference between debit cards and secured credit cards
It’s important to know that Wyndham Rewards debit cards don’t work the same way Secure credit cards.
Secure credit cards are often a good option for poor or no credit people to build a poor history; Improve your credit score.
a Debit Card It is independent of credit and instead withdraws money from your checking account.
Future Cobrand debit cards?
Wyndham is the first to add debit cards to the rewards ecosystem, but Taylor said he hopes other brands will weigh the benefits of expanding their portfolio.
“We seized opportunities here in the first place in the field of travel and hospitality, how the market and travelers spend their time,” Taylor said. “If you start meeting your competitors after the announcement, you wouldn’t be surprised if you start looking into this market and chasing it.”
Related: Which credit card should I use for Wyndham?
Conclusion
The Wyndham Rewards Debit Card is the first card product from a major loyalty brand, offering cardholders the opportunity to earn points and perks within Wyndham Rewards while they spend their cash.
However, if you choose a credit card within the Wyndham Rewards program instead, you will typically receive a much better return on your spending. Furthermore, as long as you use your card responsibly and comply with the TPG 10 Regulations for Credit Card RewardsIt would be best to bring a credit card.
