Planning your year-end holiday? Here are 3 credit cards that offer free hotel stay

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5-star hotel free of cost by transferring your credit card reward points to a hotel loyalty program? Let us understand how. A hotel loyalty program is a membership program that offers you various benefits during your stay at a property that is part of the hotel group. It is used to get new customers as well as retain existing ones to stay at the various hotel properties within the group.

Some of the well-known hotel loyalty programs in India include: Some of the member benefits offered by various hotel loyalty programs include the following: The above are some of the general benefits of a hotel loyalty program and not specific to a particular hotel loyalty program. Please note that each hotel loyalty program has its own set of benefits. Some hotel loyalty programs have membership tiers such as silver, gold, platinum, etc.

The tier is based on criteria such as number of nights stayed or the amount spent in a year. The benefits of each tier vary. The higher the tier, the higher the benefits.

Membership in hotel loyalty programs, such as Marriott Bonvoy and Accor Live Limitless (ALL), is free. Membership in hotel loyalty programs such as Accor Plus, Taj Epicure, etc., has an annual cost. Some banks have tie-ups with various hotel loyalty programs, allowing customers to transfer their credit card reward points to hotel loyalty programs.

The reward points can be transferred in a specific ratio. For example, you can transfer HDFC Infinia Credit Card reward points to the Accor loyalty program in a 1:1 ratio. On the other hand, you can transfer Axis Atlas Credit Card reward points to the Accor loyalty program in a 1:2 ratio.