I have the points for Lifetime Platinum status, but not the nights. I do have Lifetime Gold.
I have both a business and personal Marriott Visa.
This is my query:
When using other credit cards, I get cash back ranging from 1-3%.
If I switch to using my Marriott Visa for every expense, then I forfeit the cash back.
It takes $3000 charged on the Marriott Visa to get one night elite credit. That means 1 elite night credit, at a minimum, costs me $30 that I would not receive in cash back.
I need about 100 nights to get Lifetime Platinum.
That is $3000 in lost cash revenue.
Is it worth it?
(I realize I can use the Marriott points received from the purchases to buy gift cards, but the cash equivalent is really, really small. Not a good return on investment.)