MGM Rewards vs Caesars: Which is better? - nerd wallet (2023)

FAQs

Which casino rewards program is best? ›

Bottom Line: For most people, the MGM Rewards card isn't worth it. There are so many other entertainment and travel rewards credit cards out there that offer more benefits and higher-earning capabilities than this card.

Plus, as a new cardmember, you have the opportunity to earn 10,000 bonus points ($100 value) for spending $1,000 in your first three billing cycles after your account is opened! *Bonus Tier Credits are NOT earned for spending $1,000 in the first three billing cycles.

If you are Caesars Diamond or Diamond Plus, you can expect a match to MGM Rewards Gold. Diamond Elite and Seven Stars get MGM Platinum. The match includes just about any casino, though.

Members with a Tier of Platinum or above, may gift Reward Credits twice a year at 5,000 credits ($50.00) each time or once at 10,000 credits.

You'll need at least "good" credit for GM Rewards Card approval, which means a credit score above 700.

Is the MGM Rewards Credit Card (Mlife credit card) worth it? The MGM Rewards MasterCard is a decent option for MGM Mlife fans if they're looking for a fee free credit card with a few perks for casino visits and another way to earn tier credits towards tier level status.

Does Caesars match MGM status? ›

Step 3: Match Your Caesars Diamond To Wyndham Diamond

Wyndham and Caesars have the same reciprocal relationship as Hyatt and MGM, which means as long as you have elite status at 1, you have it at the other. Matching them together is instant.

Members earn points and tier credits for purchases including entertainment, dining, and room stays at all MGM Rewards destinations, with 4 tier credits plus 1 MGM Rewards point per $1 spent on eligible purchases. For gamers, you'll also earn points based on your slot play, video game library, and table game play.

Earn MGM Rewards Points on entertainment, dining and room stays at MGM Rewards properties. Earn Slot Dollars when you play Slots, Video Poker and Video Lottery Terminals at MGM Rewards properties. Lowest rate guarantee when booking rooms directly.

As a Diamond, you get tons of great perks like cheap rooms with no resort fees in the center of the Vegas strip! When you earn 5,000 tier credits in a day, you get a 10,000 tier credit bonus for a total of 15,000 tier credits and Diamond status. But with a few tips, you can shortcut your way to Diamond status.

A Member may not allow any other person to use his or her Caesars Rewards card or access his or her account. Caesars Rewards cards are non-transferable.

Wyndham Rewards®

Diamond and Seven Stars members will match to Diamond level in Wyndham Rewards. Wyndham Rewards Platinum and Diamond members will also be able to match their status in Caesars Rewards.

Diamond Plus: 25,000 Tier Credits. Diamond Elite: 75,000 Tier Credits. Seven Stars®: was 150,000 Tier Credits. (Status is by invitation only, after earning required Tier Score and must be in good standing with the casino.

A: Simply stated, Seven Stars benefits and privileges exceed those of all other player's tiers. Seven Stars members are Caesars Rewards' very best guests, therefore they receive the very best service we can deliver.

Once the wagering requirements of the Promotion are met, any Bonus Cash winnings are available for withdrawal.

Payouts are higher throughout the weekend: Many gamblers believe payouts are higher on Saturday and Sunday due to a higher turnout during the weekend so that casinos can encourage more spending.

How fast is BetMGM withdrawal? ›

All withdrawals have an internal review period of up to 5 days (in most cases). Once approved, your funds will be credited according to your payment provider's processing time, referenced in the chart below. There are a few reasons why a withdrawal may be delayed.

Blackjack

Blackjack has the best odds of winning, with a house edge of just 1 percent in most casinos, Bean said. Plus, you are playing against only the dealer, not hooded poker champions. "Blackjack is one of our easiest games to play," Bean said.

Which Online Slots Machine Wins the Most? Statistically, a high-RTP online slot game has the highest winning odds over the long run. Some of the popular options with a high payout percentage include 777 Deluxe with 96% RTP, Jungle Stripes with 97.03%, and Cyberpunk City with an impressive 98.2% RTP.

An application for a casino line of credit most likely will result in a hard inquiry on your credit file, which can drop it a few points temporarily. Past-due payments and balances associated with these credit lines are not reported back to the consumer credit bureaus.

But it doesn't work the other way; the player's casino credit is never reported to Experian, TransUnion or Equifax, and his gambling losses, however great, will have no impact on his ability to qualify for an outside loan, provided those losses don't affect his general creditworthiness.

If you have never had casino credit before and have reasonable credit (credit score well over 600 with no 60-day delinquents) you can expect to get $5,000 without too much trouble. The higher your annual income and score, the more you can obtain.

With MGM Rewards, you'll earn 4 tier credits and 1 MGM Rewards point per $1 spent on eligible hotel stays and dining across all tiers at all MGM Resorts destinations.

Gambling Birthday Promotions and Freeplay:

Ellis Island – $10 FreePlay on your actual birthday. Excalibur – $20 FreePlay with an MLife Card within 1 week of your birthday. MGM Grand – $25 FreePlay with an MLife Card within 1 week of your birthday.

Does MLife send you a card? ›

Every hotel that is part of mlife has a MLife counter on the casino floor where they will print you a card. They will ask you for your identification and they simply print you one on the spot.

From the FAQ on the Mlife web site: "Tiers expire on October 1 each year. Tier Credits earned from October 1 to September 30 qualify you for your tier beginning each October 1. If you advance to a higher tier at any time, you'll enjoy those benefits for at least one full year."

If your goal is to get or maintain a good credit score, two to three credit card accounts, in addition to other types of credit, are generally recommended. This combination may help you improve your credit mix. Lenders and creditors like to see a wide variety of credit types on your credit report.

yes you can. 2. Re: Can I give my M Life Card to someone else to use in Vegas?

The more you use your Caesars Rewards card, the faster you earn Tier Credits. As you elevate your Tier Status, benefits become even more exclusive. Your Tier Credits always reset to zero on January 1, because status must be earned each year to maintain your status the following year.

New Caesars Rewards® members, present your valid eligible VIP loyalty card from select competitors at any Caesars Rewards Center between February 1 – December 31, 2022, earn one hundred (100) Tier Credits, and you will be matched to Diamond status valid through January 31, 2023.

Caesars Slots is intended for those 21 and older for amusement purposes only and does not offer 'real money' gambling, or an opportunity to win real money or real prizes based on game play. Playing or success in this game does not imply future success at 'real money' gambling.

100,000 Chase points are worth $1,070 with most Chase credit cards, whether you spend them on travel, cash back, gift cards, experiences or shopping. With a few Chase cards, 100,000 points can be worth 25% - 50% more when redeemed for travel through Chase Ultimate Rewards.

At minimum, points are worth 1 cent each when redeemed as cash back or a statement credit. Therefore, you can expect 80,000 Ultimate Reward points to be worth at least $800.

How do you get free money at MGM casino? ›

$50 BetMGM Casino Freeplay

Through an exclusive offer with BetMGM Casino, new sign ups that use the promo code USBETS can start out with a $50 casino freeplay. After completing new player registration the $50 freeplay will arrive in the users account, and it will be available for three days.

Waived resort fees

Caesars Rewards doesn't charge Diamond members (and higher) resort fees on one room per stay. If you book directly, Caesars Entertainment waives the resort fee during the booking process.

For example, slots earn 1 tier credit for every $5 (some machines pay less), video poker earns 1 tier credit for every $10 (some machines pay less), and hotel stays earn 5 tier credits for every $1. Reaching Diamond status via gambling would require $75,000 on slots, $150,000 on video poker, or $3,000 in hotel charges.

Simply stop by the Caesars Rewards Center with valid ID, to redeem your Reward Credits for free play. Members with a Tier of Platinum or above, may gift Reward Credits twice a year at 5,000 credits ($50.00) each time or once at 10,000 credits.

Complimentary Parking Benefits

Platinum status members receive complimentary self & valet parking at select Caesars Rewards destinations. The Caesars Rewards Visa Card cannot be used to validate parking. Guests must scan their Caesars Rewards card to receive the complimentary parking benefit.

Neither accrued MGM Rewards Slot Dollars, MGM Rewards Points, or Tier Credits, nor MGM Rewards benefits are transferable by a member (i) upon death, (ii) as part of a domestic relations matter, or (iii) by operation of law.

Can you use any hotel pool in Vegas? Taking a dip at any Las Vegas pool depends on their policies and which hotel you've chosen for your vacation. Caesars allows guests at any of their properties to pool hop from hotel to hotel.

The incentive of free stuff or dollars off your next purchase goes a long way for the average shopper—especially if it's a brand you love. Just be aware that loyalty programs aren't always in favor of the customer. Some are designed to help the retailer earn even more money.

Are cash rewards worth it? ›

Are rewards credit cards worth it? In most cases, yes, as long as you're not carrying a balance and the annual fee (if the card charges one) is less than the value of the rewards you earn each year. Here's what you need to consider.

A reward system's biggest (assumed) disadvantage is that it leads to increased costs, which is untrue. Company expenditures may increase as a result of employee rewards. However, it is only the case when a company only considers a system that holds high monetary value against it to be effective.

Credit cards generally offer one of three reward structures: cash back, points or miles. The type of rewards you earn depends on the card you have.