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More Hotel Discounts Can Be Found with The FoundersCard

March 5, 2012 at 2:00 PM | by | Comment (1)

There's yet another new way to earn rewards and discounts for all your travel adventures, but instead of marrying yourself off to one hotel brand or airline, you can remain polygamous with your jetsetting partners thanks to the FoundersCard.

The card bills itself as a "first-of-its-kind membership community for entrepreneurs and innovators" and gives members access to frequent networking events held throughout the year.

But the card's real worth can be found in its worldwide travel discounts like elite status on Virgin American with 10-13 percent off fights, fast track to elite status at American Airlines, 20 percent off driving rates at Zipcar, up to 60 percent off at Mandarin Oriental Hotels, up to 75 percent off at Mandarin Oriental Hotels, and up to 50 percent off at Standard Hotels.

The FoundersCard also offers members discounts for other hotel brands like Morgans, Viceroy, Park Hyatt and Ritz-Carlton as well as "lifestyle" businesses like Crunch Fitness, Stub Hub, Wine Library and John Varvatos.

Membership for the FoundersCard is steep at an annual fee of $495 plus a one-time initiation fee of $65. However, we've seen a limited offer of $295 for the annual fee once before and several folks have told us that you can easily make up the annual fee in travel savings.

We're still on the fence about joining as we're not quite sure the FoundersCard will offer us the variety of hotels we like to sleep around in but we're mighty tempted.

HOTELCHATTER READER DISCOUNTS: The folks at FoundersCard are now offering a lifetime guaranteed annual rate of $295 (40% off the standard rate of $495) for HotelChatter readers. Use promo code FCSPX11 to obtain the special price.

Anyone found any good deals using the FoundersCard? Let us know in comments below!

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Careful...

Be careful of some of the proposed discounts as companies such as Starwood, AA, and others are refuting Founder's Cards claims that they have open marketing agreements with them.  It seems that Founder's Card is negotiating corporate rates for their employees as any company would do then passing that rate on to people who buy the card.  Starwood has openly said that unless you are a Founder's Card employee you should not be using their hotel rate.  So buyer beware, ymmv.

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