Marriott International used its Q2 2026 earnings call on August 4, 2026 to
confirm that it has signed new long-term agreements covering its U.S. co-brand
credit card program with JPMorgan Chase and American Express. Both
issuers stay on. The previous set of agreements was signed in December 2017,
and deals of this type typically run 7 to 10 years.
CEO Anthony Capuano said the new agreements will lead to new and refreshed U.S.
card products carrying new cardholder benefits. He also set expectations on
timing: developing and launching refreshed cards takes several quarters, so no
product announcements are imminent.
What Marriott told investors
Marriott expects the renewed program to add roughly $30 million in card
revenue through the end of 2026, growing to between $100 million and $125
million a year by 2028. Marriott framed the gain as coming from growth in new
card accounts and higher spending on the cards.
What it means for current cardholders
Nothing changes today. Chase still issues the Marriott Bonvoy Bold and Bonvoy
Boundless, and American Express still issues the Bonvoy Brilliant, Bonvoy Bevy,
and Bonvoy Business cards. Points, earning rates, annual fees, and benefits all
stay as they are until Marriott and the issuers announce specific product
changes.
The 2017 renewal is the useful precedent for what comes next. That deal was
announced in December 2017, and the refreshed card lineup did not arrive until
the following year. Cardholders should expect a similar gap here, with the
first concrete details on new or reworked Bonvoy cards landing sometime after
the several quarters of development Capuano described.