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FoundersCard Review and Benefits Guide [2021]. Is It Worth It?

November 1, 2021 3 Comments

a pool and palm trees in front of a hotel

Bougie Miles may receive commissions from certain affiliates. BougieMiles.com has partnered with CardRatings for our coverage of credit card products. BougieMiles.com and CardRatings may receive a commission from card issuers.

In This Post

  • Founders Card Review
    • 2021 FoundersCard Membership Details
    • FoundersCard Membership Cost
    • FoundersCard Elite Membership Cost
    • FoundersCard Benefits 2021 (as of October 2021)
    • Newly Added Benefits
    • Travel Benefits Overview
      • FoundersCard 2021: Hotel Benefits
      • Free Hotel Elite Status and Status challenge Offers
      • Hilton Honors
      • Marriott Bonvoy
      • Caesars Rewards Diamond Status
    • Airline Benefits
      • Free Airline Status Offers and Challenges
      • FoundersCard American Airlines Benefit Details
      • Ground Transportation Benefits
      • Founders Card Review: Travel Discounts
    • Founders Card Review: Business Discounts
      • Founders Card Review Business Benefits: My Experience
      • Business Benefits Co-working Program and Shared Office Spaces
    • Founderscard Review: The Full List of Business benefits
    • Founderscard Retail Discounts and Lifestyle Benefits
      • My Experience with the Lifestyle and Retail Benefits
    • Is FoundersCard Worth it?

Founders Card Review

FoundersCard is a paid membership service geared towards business owners and entrepreneurs that offers access to exclusive benefits and a variety of discounts. A majority of the benefits available as part of FoundersCard membership are travel focused. In this Founders Card review I’ll cover all of the benefits and I’ll give you details on my own experiences using FC. People always ask me whether FoundersCard is worth the membership fee, hopefully this guide will give you all the information you need to decide whether it’s a good value for you. I’ve also updated the guide to include all of the newly added benefits for 2021.

One thing I should mention is that Founders Card is not a credit card, it’s simply a membership with credit card like benefits.


If you decide to sign up and use my referral link, it is much appreciated. 🙂


2021 FoundersCard Membership Details

FoundersCard has two membership levels, Standard and Elite.

FoundersCard Membership Cost

Standard Membership $395 (with referral offer) $595 + $95 Application Fee (without referral or other promo offer) (DO NOT PAY THIS)

A standard membership is generally available through referrals for $295- $395 with a waived application fee.

This year there was even a link for a $99 Founders membership (that’s a crazy deal.)

FoundersCard Elite Membership Cost

Founderscard Elite Cost: $995 (Without any type of offer)

As a standard member there is an option to upgrade to an Elite membership all for a low low fee of $595 (eye roll) (although as of August 10, 2021 it seems to be a $595 upgrade fee). Or you can just get an Elite membership for $995 per year.


Check out my Founderscard Review and Benefits Video on YouTube and while you’re there please subscribe 🙂

a man in a suit

FoundersCard Benefits 2021 (as of October 2021)

Frequent travelers seem to be a large focus of the suite of benefits to Founders Card membership. Benefits are broken down into the following categories. Hotel, Travel, Business, retail and Lifestyle.

Newly Added Benefits

  • Two years free of Fiverr Business and discounts on your first project.
  • 20% Discount on every Molton Brown order
  • Several new hotels
  • Dropbox discounts
  • Amazon Web Services
  • IHG and Kimpton Hotel Discounts

Travel Benefits Overview

The Founderscard travel benefits are numerous and varied. There are hotel discounts and perks for stays. Hotel and airline loyalty status matches and challenges. As well as free travel tools and member only access programs.

Founders card review

FoundersCard 2021: Hotel Benefits

Member-only hotel rates

The FC Hotel program is comprised of over 300 hotels around the world. Your membership includes members only rates.

New Founderscard Benefit: Best Deals on IHG Luxury Hotels (August 2021)

Hotel Benefits: My Personal Experience

The negotiated rates I’ve found for members has been lower than any other public or private rate I’ve been able to find for all of the hotels I’ve looked into. (This excludes my casino comp offers that are based on my unique gambling habits 😉 and of course my favorite Mastercard Discovery. I have stayed at hotels I booked with Founderscard twice and both times I did receive an upgrade to a higher category room, once it was a better view and at the Four Seasons it was a basic room to a suite.

a glass of wine in front of a city
Complimentary upgrades

FC Hotels are often able to provide room upgrades, and other VIP perks and amenities for FC Members. Each FC Hotel page will explain any available perks during your stay.

Flexible cancellation

FoundersCard rates often include flexible cancellation.

Hotel Partner List includes:

Mandarin Oriental
Park Hyatt
Rosewood
Ritz-Carlton
Peninsula
Four Seasons
W Hotels
Caesars Entertainment
Graduate Hotels
Kempinski Hotels
Omni Hotels & Resorts

Founders card review

Free Hotel Elite Status and Status challenge Offers

Hilton Honors

Gold Status comes with membership (this is the same benefit that comes with the Amex Platinum Card.)

Marriott Bonvoy

Additionally, FC is currently offering one of the best Marriott Bonvoy challenges I’ve ever seen. You can earn Bonvoy Platinum Status after only 15 paid nights within 3 months of enrollment, and get Platinum Elite status for up to one year.

founderscard review 2020

Caesars Rewards Diamond Status

Caesars Diamond Status is one of the more popular benefits of Founderscard because it offers huge savings for anyone who can utilize the benefits. Everything you need to know about Caesars Rewards can be found here in the “Bougie Miles 2021 Caesars Rewards Guide (Plus Earning and Redeeming Tier Credits, Rewards Credits and Benefits)”

For complete details and how to redeem this benefit: UPDATE: FoundersCard Renews Caesars Rewards Diamond Benefit Through 2022. 

Benefits of Diamond Caesars Rewards® include:
• No resort fees on any hotel stay
• $100 Celebration Dinner to enjoy at one of many acclaimed restaurants
• Complimentary valet and self-parking at most destinations, including Las Vegas & Atlantic City
• Priority lines
• Match your status with Wyndham Rewards to enjoy their Diamond perks
• For a complete list of 2021 Caesars Rewards benefits, click here.

Related: GUIDE: Casino Status Matching

a collage of images of airplanes

Airline Benefits

This is where Founders Card really shines for me. I can’t think of any other program that offers flight discounts, free airline status and status challenges for the top airlines like United and American.

  • Cathay Pacific Airways Marco Polo Club Silver status  (Lounge access on Cathay, priority check-in & boarding and more)

Free Airline Status Offers and Challenges

This year alone there have been offers for AA Gold and Platinum status as well as United Gold and Platinum Status and free Cathay Silver status which is still ongoing.

a room with a computer on it

 

FoundersCard American Airlines Benefit Details

  • FoundersCard American Airlines Benefit Offers Double Points (2020)
  • 2021 FoundersCard Offers Free AA Status and Challenge Plus Option to Choose Challenge Dates!

Ground Transportation Benefits

Other Types of Travel Benefits include elite status with rental car companies, discounts on car sharing services and even private get membership access perks and discounts.

  • Hertz Gold Plus Rewards Five Star status
  • Avis Preferred Plus status
  • Sixt Rent a Car Platinum status
  • Silvercar– Discount
  • Groundlink– Credit and discounts
  • Empire CLS- discount
  • Carey- discount
a row of seats in an airplane

Founders Card Review: Travel Discounts

In addition to elite status, FoundersCard has negotiated discounts with a number of travel providers. Among the FoundersCard member travel discounts are:

Airfare discounts on the following airlines

  • United Airlines,
  • Cathay Pacific,
  • Emirates,
  • Etihad,
  • Qantas,
  • Singapore Airlines,
  • British Airways (My personal favorite) I’ll cover in detail in a separate post.

In this post you can see the Qantas discount in action! Earn Alaska MVP Status with One Trip

Two Travel Related Benefits I will Definitely Use

A couple benefits related to travel that can definitely save you money are the Free Year of Tripit Pro (which most of us pay for anyhow) and discounts on Medjet plans which after a cursory review look very reasonable.

Founders Card Review: Business Discounts

Business owners and professionals can get a lot of value from the business benefits if they’re applicable to their type of business. Most of the perks are great and useful to business owners of all types, but some way more than others so it completely depends on the individual.

The business benefits of FoundersCard are broken down into segments:

Business Essentials
FC Coworking Program
Marketing
Web & Design
Work From Home

Founders Card Review Business Benefits: My Experience

I’ve gotten way more value from the business benefits than I need to in order to justify paying the annual fee. In fact, I just saved $25 on my S-corp filing with the BizFilings benefit that offers a 25% discount on all the standard rates. I also love the Phone.com service and I got one year completely free.
Founderscard benefits
Some of the more notable brands and benefits include Zoom and Adobe discounts (everyone seems to be spending money on things like this now. Additionally I’ve heard the UPS discounts are great. People in the miles and points world often get Founderscard solely for the Stripe benefit of 20k in fee free payments.
a screenshot of a computer

Another big value benefit is the First Republic $800 Bank Bonus upon opening a new Business Checking account and depositing $50,000 in new money. (Official benefit page here.)

  • 15% off AT&T Wireless- Popular benefit
  • Tech Discounts:
    • Lenovo, Dell, Apple, Office Depot, Rackspace, etc
  • Miscellaneous Web Services:
    • ZenDesk
    • Zoom
    • Microsoft Office 365
    • Constant Contact
    • MOO Inc
    • 99Designs
    • DocuSign,

Business Benefits Co-working Program and Shared Office Spaces

These benefits are concentrated in larger cities but there are plenty of locations as you can see from the list below (I took the time to list the locations for each company). What’s really cool is that most of them offer a free first visit which is perfect for getting business done on the road.

  • PeerSpace– Locations in San Francisco, New York, Los Angeles, Washington, DC, Silicon Valley, Seattle, Austin, London, Paris, and Berlin.
  • Breather– New York, San Francisco, Boston, Los Angeles, Chicago, Washington DC, London, Montreal, Toronto, and Ottawa
  • TechSpace– NYC (NoMad and Union Square)
  • Pipeline– Miami, Ft Lauderdale, or Philadelphia
  • Weld- Nashville
  • Blank Spaces- Santa Monica and Mid-Wilshire
  • St. Oberholz- (you gussed it located in St. Oberholz)
  • Parisoma- San Francisco
  • eOffice London- London
  • Business District- Boston
Founderscard benefits 2020

Founderscard Review: The Full List of Business benefits

  •  1Password
  •  99designs
  •  Adobe
  •  Agorapulse
  •  AT&T Wireless
  •  Backblaze
  •  BizFilings
  •  BLANKSPACES
  •  Breather
  •  BUSINESS DISTRICT
  •  Constant Contact
  •  crowdspring
  •  Delighted
  •  Dell
  •  Design Within Reach
  •  DocuSign
  •  eOffice London
  •  Fancy Hands
  •  First Republic Bank
  •  General Assembly
  •  GoSquared
  •  Grasshopper
  •  Harvest
  •  Help Scout
  •  Hive
  •  Hover
  •  HubSpot
  •  Lenovo
  •  Microsoft Office
  •  MOO Inc.
  •  Namecheap
  •  Office Depot
  •  pariSoma
  •  Peerspace
  •  Phone.com
  •  Pipeline
  •  Rackspace
  •  RingCentral
  •  Salesforce
  •  Shopify
  •  Skillshare
  •  St. Oberholz
  •  Stripe
  •  Swag.com
  •  TechSpace
  •  TriNet
  •  Typeform
  •  UPS
  •  Vettery – Online Hiring Marketplace
  •  WELD
  •  Zendesk
  •  Zirtual
  •  Zoom

Founderscard Retail Discounts and Lifestyle Benefits

Experience & Access
Food & Wine
Health & Fitness
Premium Retail
a group of bottles of wine

My Experience with the Lifestyle and Retail Benefits

I love the Mr Porter benefit to save $200 off a $500 order. (I buy my skincare there.) There are also some excellent offers to save money on wine.

FoundersCard also has so many lifestyle type benefits it would be silly to cover each one but I’ve included some of the more popular and or valuable perks below.

  • Car Purchase Discounts: Audi, BMW, Land Rover, Jaguar
  • Clothing Discounts: Adidas, Cole Haan, Reebok, Rent the Runway, Kendra Scott, Indochino
  • Fitness/Health Discounts: Soul Cycle, Equinox Spafinder Wellness Discounts, obé fitness, Pure Yoga, Bliss Spa and Sanctifly, Waived Initiation on Chelsea Piers memberships
  • Food/Wine Discounts: Cipriani (20% off YEAYYY) Link to page
    • Wine Access, Vosges Haut-Chocolate, Stock Yards, Mouth.com, Lorenza Rosé, Harry & David, FIJI Water Delivery

Is FoundersCard Worth it?

It all boils down to whether you can make use of a few of the perks and come out ahead on the annual fee. I’ve saved well over $500 this year between Tripit Pro, Phone.com, British Airways Discounts, stays at Cosmopolitan of Las Vegas, Caesars Diamond status, Mr. Porter and Wine Access. If you decide to sign up and use my referral link, it is much appreciated. 🙂

Filed Under: Guides, Reviews Tagged With: airline loyalty, credit card benefits, deals, elite benefits, Elite Status, founders card, founderscard, hotel booking, member perks

Reader Interactions

Comments

  1. Jan P says

    January 27, 2022 at 3:50 am

    Can Caesars diamond status earned through FoundersCard tier match to mLife gold?

    Reply
    • Bougiemiles says

      January 27, 2022 at 10:31 am

      Yes, they have no way of knowing how you earned it.

      Reply
      • Jan P says

        January 27, 2022 at 3:09 pm

        Another question…thanks for all your help! Do I need to go to an mLife desk for the tier match before 1/31? Or can I just do it next time I go to Vegas?

        Reply

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Disclosure: Bougie Miles has partnered with CardRatings for our coverage of credit card products. Bougie Miles and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

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