Is the Priceline Rewards Visa Card Right for Your Wallet?

Is the Priceline Rewards Visa Card Right for Your Wallet?
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Disclaimer: Some of the offers described below may no longer be available.

To find out whether you’ll benefit from the Priceline Rewards™ Visa® Card you’ll need to evaluate the point structure of the program. To make things simple, we value the points in this program at one cent per point, which means you can use 10,000 points toward $100 in travel. Let’s see how it stacks up with other travel credit cards, so you can decide whether it’s a good fit for you. 

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The Signup Bonus

In the past, the Priceline Rewards Visa offered 5,000 bonus points (worth $50 in travel redemptions) after your first purchase. That offer has recently doubled. Now, you'll get 10,000 bonus points (worth $100 toward travel redemptions) after you make your first purchase. You can redeem these points for statement credits on purchases over $25 that have already posted on your account.

How The Signup Bonus Compares

If you make a purchase with your new Priceline Rewards Card, there's no minimum spend requirement to get the bonus. Those who plan to spend more within the first few months of opening a new travel credit card may want to consider a different option.

  • With the Chase Sapphire Preferred® Card, you can earn 50,000 bonus points after you spend $4,000 on purchases in the first three months from account opening. The Sapphire Preferred Credit Card also gives you an extra 5,000 bonus points when you add an authorized user to your account, if that user makes a purchase with the card during the first three months as a card member. Those points have a 1:1 rewards transfer, which you can use to boost your point levels with travel partners like Hyatt and United. We usually value these points at two cents per point, but if you redeem your points for premium cabins or luxury hotel rooms, the value can be even higher than that.
  • If you prefer the Hyatt Credit Card, you can earn 40,000 bonus points after you spend $2,000 on purchases within three months after opening an account. The Hyatt Credit Card also gives you an extra 5,000 bonus points when you add an authorized user to your account, if that user makes a purchase with the card during the first three months as a card member. We value Hyatt points around 1.5 cents per point.

5x Bonus Points on Priceline Purchases

While you earn one point per dollar spent on most of your purchases with the Priceline Rewards Visa, you'll actually earn five points per dollar on eligible purchases made on Priceline.com. You can use this incentive for extra points on hotel bookings, trip protection products, and the site's Name Your Own Price bookings. That makes this the best card for heavy Priceline Rewards spending. There’s no annual fee, so you’re already in the red when you start using the card.

How the Reward Bonus Compares

Because cardholders can gain reward points much faster when they use the card to order through Priceline, this card can be optimized for that specific situation. That also means it’s not a great card for other types of spending. We like the Chase Sapphire Reserve Card for travel and dining, because it gives you 2 points per dollar spent on purchases in those categories (which equates to 4% back according to how we value Priceline purchases, versus 5.5% with the Priceline card’s redemption rebate).

10% Points Back for Travel Redemptions

With the Priceline Rewards Visa, you can redeem bonus points for statement credits, so long as the purchase was $25 or greater. The interesting thing about this card is that it also gives you 10% of your points back when you redeem your rewards for qualified travel expenses over $25. For example, if you spend 50,000 on travel at Priceline, you'll get 5,000 points back. This even works when you use the card outside of Priceline.com. You can use these credits to cover purchases from hotels, airlines, car rental agencies, and more.

How The Redemption Bonus Compares

Not all credit card reward programs offer a redemption bonus, and the ones that do have them set up differently. The Barclaycard Arrival Plus World Elite Mastercard offers 5% back as a redemption bonus every time you redeem your miles. The Priceline Rewards Visa offers 10% back, but it only applies to travel redemptions. It doesn't offer redemption bonus in other categories.

Other Priceline Rewards Visa Card Benefits

Like several other travel cards, this one has no foreign transaction fees. It also offers price protection for 120 days after your purchase. That means you can get reimbursed if you see a printed advertisement at a lower price for an eligible item you already bought. Finally, there's no annual fee.

Final Thoughts

The Priceline Rewards Visa card offers its biggest benefits to travelers who book through Priceline. We’d specifically recommend it to anyone who often uses Priceline's "Name Your Own Price" bookings and for those who want to avoid an annual fee. Travelers who usually book through other sites may find more value with different travel cards, notably the Chase Sapphire Preferred card.

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