Caesars and Bread Financial launch new Prestige Visa Signature credit card

Caesars Entertainment, in partnership with Bread Financial, has launched the new Caesars Rewards Prestige Visa Signature credit card. For a $149 annual fee, the card offers up to $450 in annual value and enhanced benefits for members of the Caesars Rewards loyalty program.

Cardholders receive one complimentary hotel night each year (valued up to $300), $50 in slot play, a $100 Caesars dining credit, and accelerated earnings of seven Reward Credits per $1 spent at Caesars Rewards properties. The card also includes no foreign transaction fees.

The prestige card is designed to help users fast-track their Caesars Rewards Tier Status, offering up to 25,000 Tier Credits in the first year through a combination of welcome offers and annual bonuses.

New members will receive Platinum status upon approval, 2,500 Tier Credits after their first purchase outside of Caesars locations, and 20,000 Reward Credits plus an additional 2,500 Tier Credits after spending $1,000 outside Caesars destinations. Additional bonuses include 2,500 Tier Credits after spending $5,000 annually, another 2,500 at $10,000, and 15,000 more Tier Credits at $50,000 in yearly spend.

"Through our world-class Caesars Rewards program and our relationship with Bread Financial, we're expanding the ways our members can earn and enjoy perks—from one-of-a-kind experiences, exceptional dining options, accelerated status opportunities, and more,” said Josh Jones, Chief Marketing Officer at Caesars Entertainment. “This new card option brings even more excitement, value and VIP treatment to every guest staying and playing with Caesars Entertainment.

Val Greer, EVP and Chief Commercial Officer at Bread Financial, added: "The Caesars Rewards Prestige Visa credit card gives cardmembers more ways to earn rewards immediately on everyday purchases and unlock exclusive perks on travel, entertainment, dining and gaming —making every tap a step closer to their next unforgettable Caesars experience.”

The new Prestige Visa joins the existing Caesars Rewards Visa Signature credit card, which has been refreshed with a sleek black design. Both cards are issued by Comenity Bank.