Through March 28, 2018, the Starwood Preferred Guest® Business Credit Card from American Express has increased the sign-up bonus to 35,000 points, which is the highest sign-up bonus ever offered on this card.
Keep in mind that you can also earn at least 7,000 Starpoints simply for meeting the spending requirement. At my valuation of ~2.2 cents per point, 42,000 Starpoints is worth roughly $920.
The $95 annual fee is waived for the first year.
Additional card perks include: complimentary Boingo wifi, free in-room premium internet, Sheraton Club Lounge access (huge money-saving perk for Sheraton stays), and 2 stay credits and 5 night credits towards elite status requirement each year.
I got my Starwood card during last year’s 35,000 point sign-up bonus and recently got a pretty amazing retention offer on the card, so I’m holding on to it longer.
The Value of Starpoints
The only way to accumulate Starpoints is by staying at SPG properties or by using the co-branded credit card.
I consider Starpoints to be one of the most valuable points because of their ability to redeemed for hotel nights (starting at just 2,000 points per night), and they can be transferred to airline miles with a nice bonus. 20,000 Starpoints = 25,000 airline miles.
An even better redemption is transferring the Starpoints into Marriott points at a 1 to 3 ratio (42,000 Starpoints = 126,000 Marriott points), and then redeeming for a Marriott Hotel and Air Travel Package, which start at 200,000 Marriott points, like I did at this amazing resort in Crete last summer.
Last year, I transferred 40,000 of my Starpoints into 50,000 Alaska Airlines miles and flew 15.5 hours in business class on Cathay Pacific between New York and Hong Kong, continuing onto Saigon. You can also use as little as 40,000 Starpoints to fly in Lufthansa First Class (details in post)!
Are You Eligible to Receive This Bonus?
American Express has recently announced their “one per lifetime” policy for their business credit cards, meaning that they’re eliminating the possibility of a business owner ever receiving a sign-up bonus again if they’ve had that same product at any time in the past.
This means that if you’ve had received a sign-up bonus from the SPG business card in the past, then you won’t be eligible for the offer. However, if you’ve had the personal version of the card, but not the business version, you can go ahead and apply for this offer.
Now is a great time to get one of my favorite cards if you haven’t had a chance to get it now.
Until March 28, 2018, there is an increased 35,000 point sign-up bonus for the Starwood business card. Starpoints are incredibly valuable due to the fact that you can not only redeem the points for free hotel nights, but they also have the flexibility to be transferred to dozens of airline partners with a bonus.
What are your thoughts? Do you have the SPG card?
Complete Offer Details and Application Link:
- Limited time offer! Earn 35,000 bonus Starpoints® after you use your new Card to make $7,000 in purchases within the first 3 months. Offer ends 3/28/18.
- Earn 2 Starpoints® for each dollar of eligible purchases at participating SPG® & Marriott Rewards® hotels. Earn 1 Starpoint® for all other purchases.
- Redeem Starpoints® for free nights at over 1,300 hotels & resorts in over 100 countries and for free flights on over 150 airlines with SPG Flights. Some hotels and resorts may have mandatory service charges.
- Free, unlimited Boingo Wi-Fi at more than 1,000,000 Boingo hotspots worldwide. Enrollment required.
- No Foreign Transaction Fees on international purchases and $0 introductory annual fee for the first year, then $95.
- Terms Apply
- See Rates & Fees