You do, but then you have to wait 4-6 weeks after you earn the 100 points for them to credit you with the dinner. That's at least what happened when I matched last year.
Actually the Founders Diamond Reward is NOT back. This is just a final “swan song” for the reward through January 2025, meaning that if you are a Founders Card member you can redeem one final time for Diamond status through January 2025. However, once February 1st 2025 hits, you will revert to the actual tier status earned in 2024 and that will be that. There will be no renewal of the Diamond status going forward (this is from a direct email response from FC when I inquired with them). So it’s one last hurrah for this perk. I guess it was such an abrupt ending that they were able to negotiate this for the members who got caught in the non-renewal when it all went down. Also, since they seem to have worked out the ability to transition out of the Caesar’s Diamond reward through the beginning of next year, it stands to reason that Founders Card could very well pull the plug on anyone who cancels their Founders Card membership before January 2025.
I have not been a FoundersCard member in a few years. I received an email today offering to rejoin and claim the Caesers' Diamond benefit. It looks like they negotiated it back.
It also looks to me like they negotiated for one final year of Diamond status for FoundersCard members as indicated by jr7110 above. I don't believe that the FoundersCard language about actually needing to earn Diamond via tier credits for the following year was there before. Based on VegasGhost's post above, it appears that new, or at least former members, may now be able to sign up for FoundersCard and receive the Caesars Diamond match thru 1/31/25. It stands to reason that FoundersCard would now try to acquire as many new (and/or former) members as possible before the Caesars Diamond match ends on 1/31/25. And it's probably just be a typo/misunderstanding by FoundersCard where their language says Diamond will need to be earned via tier credits by 1/31/25, as typically Diamond status would need to be earned by 12/31/24, for Diamond status to continue past 1/31/25. I suppose anything can be renegotiated (again), but I sure wouldn't count on Caesars Diamond status continuing past 1/31/25 for FoundersCard members, based on everything we know right now
@VegasGhost Trust me, they didn’t. It’s only for this last time. They are probably reaching out in a last ditch grab to all of their former members to entice them to get this final chance at Diamond (because once it’s gone they stand to lose a lot of members and revenue), but I specifically emailed Founders Card and was told this is the end - after January 2025 it will be finished and you will become whatever tier level you actually earned in 2024. Is it possible that the deal could be renegotiated? Anything is possible, but my view is that if Caesar’s were really interested in continuing the partnership, when the perk reappeared on the Founders Card website it would not have had the very final language that it does regarding the future of the reward.
@jr7110 I trust nothing, but am always welcome to listen to evidence. You previously posted, "I find it highly unlikely that Founders Card will be able to revoke anything. If their contract is finished with Caesars, they no longer have the right or power to demand that Caesars change anyone's membership. If they can't even process any more Diamond upgrades (and it appears they no longer have the ability to do so) then anyone who was already upgraded to Diamond for 2024 should have it through the end of this year." This appears wrong as, though I am not a FounderCard member nor have been for some time, I could indeed join and they have the ability to "process any more (mine) Diamond upgrades". The FoundersCard language has ALWAYS been very careful to state the upgrade is not a guarantee year to year. Do you have some insider knowledge that the negotiation simply did not take a little longer this year? Another possibility I think is that perhaps Diamond moving forward, will be an "introductory offer" like many of FoundersCard's benefits. You will not a remain Diamond in perpetuity as it has been, but you will be given an upgrade for a set time period only.
I previously posted that statement before the Diamond upgrade reappeared on the Founders Card website, and at the time the relationship appeared to be terminated. I believe that they were able to renegotiate keeping the membership through January 2025 because of the abrupt way the benefit ended and some Founders Card members not being able to get it. However, when the benefit reappeared, the language in the fine print was dramatically altered to state that the upgrade to Diamond was only until January 31, 2025 and that afterwards you would revert to whatever actual tier credit was earned in 2024. Founders Card never had that language in their terms before. And, since Founders Card has managed to hold onto the benefit through 2025 it does stand to reason that if someone cancels their Founders Card membership before the end of the year, they could reach out to Caesars and downgrade that person's Diamond status since that has always been dependent on being a current Founders Card member in good standing. When I emailed Founders Card customer service to ask them if this meant that there is not going to be a continuing benefit after 2025 I was told that it was only until January 2025 and after that, as the fine print says, you would revert to whatever status you've earned. I asked the same question in multiple ways and was told that I was correct - that after January 2025, the benefit was ending. While the Founders Card language has always been careful to state the upgrade is not guaranteed year-to-year, it has never before had language that stated the member would revert to another status after it ended because they always renegotiated the benefit at the end of every year. This time it appears to be more finite. With that said, is it possible that Founders Card could renegotiate with Caesars for an extension of the Diamond upgrade after 2025? Of course, it's possible - anything is possible - but from what I've seen (and been directly told by a Founders Card rep) I just wanted to let everyone know that there is a good chance it might not last past early 2025.
The wording also makes me believe 2024 will be the last year for now. For a European, without access to US-credit cards, and not gambling near enough to earn status, FoundersCard was an amazing choice. I really hate to see it go. I guess tier matching to Wynn and then to Fontainebleau Gold would make a lot of sense now. Then having FB Gold for 2025, before deciding what to match from there for 2026.
This year has "been the last year" for the FoundersCard/Caesars status benefit almost every year since like 2017. They've always been very clear to me when I've asked that I should not expect the benefit to renew each year, and many years it comes down to the wire and they don't have an answer until January, but it has still been happening. For example, this was posted on FlyerTalk in 2017: "I spoke with a rep at FC today. I was told there will not be a Diamond Tier Status Benefit thru FC. Something about an influx of folks wanting to be a FC member for the sole purpose of utilizing the TR diamond status. The rep said FC is awaiting a response from CET as to what benefit might be in place moving forward with FC." I do think it'll eventually come to an end so I won't be shocked if this year is truly the end of it, especially as casinos are seeing robust business and are less inclined to throw out benefits to attract new customers, but I am intensely skeptical of any reports that say this will be the case with any degree of certainty.
I just hope it still is when we go to Vegas in Sept, room is comped and if I have to pay resort fees, oh well
