Are Hotel Savings Card Programs a Good Deal or Not?

If you stay at any of the major hotel chains, such as Marriott, Hilton and Hyatt properties, on a frequent basis, you may have been offered a hotel savings card to save money on future stays.

Collecting hotel rewards points is similar to collecting frequent flier miles and may help to offset the costs of future hotel stays or vacations.

In some cases, the rewards program is linked to a credit card rewards program – either the hotel's reward card or another card – where you can earn bonus points for other discounts and special offers.

But are hotel savings card programs alone really a good deal?