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Harrahs Las Vegas
Harrah's has now launched a new way to earn Tier Credits and Reward Credits.
It's kind of confusing as it is, but bear with us and we'll try to simplify.
Tier Credits is Harrah's way of determining what level player you are. If you earn 11,000 Tier Credits in a calendar year, you'll be Diamond through March of the following year.
1 Tier Credit is earned for every $5 coin-in on slots ($10 on video poker). That's not how much you lose, it's just how much you play. You have to have wagered $5 worth to gain 1 Tier Credit.
For every Tier Credit earned, you also receive at least 1 Reward Credit (and 1 Gift Point if you play at Las Vegas casinos owned by Harrah's). Depending on the day and machine, you may receive more than 1 Reward Credit and Gift Point for every Tier Credit.
Gift Points (again, only in Las Vegas) can be cashed in at the end of the year as part of the Great Gift Wrap Up in November and December at designated dates and casinos (this year, it's Nov. 11-17 at Harrah's and Dec. 1-7 at Caesars Palace). A whole gift catalog with point breakdowns can be found at this link.
Reward Credits can be used as comp dollars for anything within the casino -- hotel, food, spa, gifts, golf, travel. 100 Reward Credits = $1 in comp dollars. If you stay at a Harrah's casino, charge things to your room, then check out and ask to have your play reviewed, they'll first withdraw from your comp dollars before comping the rest. So be sure to spend all comp dollars earned before settling up.
Harrah's innovated the whole tier system in player's clubs (even trademarking "Bonus Reward Credit"), and now they're going a step further by being the first casino to offer Reward Credits and Tier Credits for not gambling.
Every dollar spent in the casino (food, stores, spas, etc.) listing "Earn Here, Redeem Here" stickers will now gain you 1 Reward Credit. That essentially returns you 1 percent in comps on whatever you spend. That's okay with them, they want you to stay in their casino. (If you get a Harrah's Visa credit card, you'll receive another Reward Credit for every $1 spent -- so 2 percent back.)
In addition, every $5 spent will gain 1 Tier Credit.
So now, $55,000 wagered in slots or $55,000 spent in the casino or a combination of both will gain you Diamond status.
Credits will be credited to your account 3 days after your purchase and 10 days after checkout.
Everywhere you go now in the Harrah's empire, bring your Total Rewards card along with your Harrah's credit card, because you'll be able to earn Diamond that much faster.
Heck, with all the branding and synergy going on, we might as well name our next kid Harrah's.
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