Booking.com launches Genius Rewards credit card with no annual fee

Booking.com announced the launch of the Booking.com Genius Rewards Visa Signature Credit Card, powered by Imprint, designed to offer travel rewards without an annual fee. The card allows users to earn Booking.com Travel Credits that can be redeemed dollar-for-dollar on the platform.

The credit card offers varying reward rates: 6% in Travel Credits on stays booked through the Booking.com app, 5% on other travel booked on Booking.com, 3% on purchases made at destinations during booked stays, 3% on dining, gas and groceries, and 2% on all other purchases.

New cardholders receive $150 in Travel Credits after spending $1,500 within the first 90 days. The card also provides $100 in bonus Travel Credits annually after spending $15,000 or more. Additional benefits include no foreign transaction fees and various protection benefits including auto rental, trip cancellation and travel accident insurance.

Cardholders automatically receive Genius Level 3 status, Booking.com's highest loyalty tier, which provides 10-20% discounts on select stays, 10-15% off select rental cars, free breakfast and room upgrades at participating properties, priority customer support and flight price alerts.

According to a Booking.com survey of 1,000 U.S. adults who travel and own credit cards, 82% of American cardholders check their credit card rewards more than their retirement accounts, while only 28% feel confident they are maximizing their rewards. The survey also found 54% would give up alcohol for a year for free travel, and 45% would give up sex or dating for the same benefit.

The card is issued by First Electronic Bank under license from Visa USA Inc. and serviced by Imprint Payments, Inc. Booking.com is part of Booking Holdings Inc. (NASDAQ: BKNG).

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