AMEX - SPG Transfer option after August 2018

[Lintas]

Called to transfer to SPG today - was advised the same as above regarding transfer suspensions but surprisingly told the new transfer rate will be 1,000 Amex MR : 1,200 Marriott points!

 

[rock86]

Called to transfer to SPG today - was advised the same as above regarding transfer suspensions but surprisingly told the new transfer rate will be 1,000 Amex MR : 1,200 Marriott points!

Haven't they already confirmed on peoples statement that it's going to be 3 MR:2 Marriott though, backing up what was reported by several blogs.

 

[opusman]

Haven't they already confirmed on peoples statement that it's going to be 3 MR:2 Marriott though, backing up what was reported by several blogs.

AU could always be different.

 

[liuyz]

Called to transfer to SPG today - was advised the same as above regarding transfer suspensions but surprisingly told the new transfer rate will be 1,000 Amex MR : 1,200 Marriott points!

So, that was just a marketing strategy?
Firstly, 3000 MR -> 2000 Marriott. Then, 1000 MR -> 1200 Marriott?

 

[kkl]

Doesn't sound right. Amex au have come out with a notice on statement 3:2?

 

[rock86]

AU could always be different.

Doesn't sound right. Amex au have come out with a notice on statement 3:2?

Yep, au blogs reported it and then there have been people reporting this is noted on their latest issued statement.

 

[opusman]

So the effective rate for MR to SPG has gone from 0.5 to 0.4.

A 20% devaluation.

 

[rock86]

So the effective rate for MR to SPG has gone from 0.5 to 0.4.

A 20% devaluation.

Isn't 3:2, 0.5 to 0.22??

 

[opusman]

Isn't 3:2, 0.5 to 0.22??

1000:1200 is not 3:2.

 

[rock86]

1000:1200 is not 3:2.

So your basing it being 1000:1200 from one customer service rep, when there have been numerous reports about the transfer going to 3:2 by various au blogs and then a number of people reporting that they have had a note on their most recent issued AMEX statement about the transfer rate also going down to 3:2?

I'd love it to be 1000:1200, but I know which reports I believe, especially after the recent posts on this actual thread reporting that some customer reps would be processing their transfer after the 27th July, only for someone from AMEX ringing them back and saying it wasn't possible.

 

[NM]

So your basing it being 1000:1200 from one customer service rep, when there have been numerous reports about the transfer going to 3:2 by various au blogs and then a number of people reporting that they have had a note on their most recent issued AMEX statement about the transfer rate also going down to 3:2?

I'd love it to be 1000:1200, but I know which reports I believe, especially after the recent posts on this actual thread reporting that some customer reps would be processing their transfer after the 27th July, only for someone from AMEX ringing them back and saying it wasn't possible.

I am willing to remain hopeful and optimistic until I see a communication from Amex about the new rate.

It is certainly possible that the reported 3:2 rate that we know will apply to USA Amex account may also be applied in Australia. I have read here some references to Australian members seeing this on their recent statements. There was nothing regarding SPG transfer rates on my most recent Amex statement and I still see nothing confirming new rates on the Australian Amex MT site. We also have multiple reports from Amex staff in Australia claiming that the new rate had not been set (as of last week at least). All of which I take with a grain of salt until we see an official statement from Amex/Marriott regarding the new rates.

A rate of 1000:1200 sounds a lot better to me than 3:2, and a rate I would be willing to accept as reasonable, even if disappointed it is not as generous as previous.

 

[rock86]

I am willing to remain hopeful and optimistic until I see a communication from Amex about the new rate.

It is certainly possible that the reported 3:2 rate that we know will apply to USA Amex account may also be applied in Australia. I have read here some references to Australian members seeing this on their recent statements. There was nothing regarding SPG transfer rates on my most recent Amex statement and I still see nothing confirming new rates on the Australian Amex MT site. We also have multiple reports from Amex staff in Australia claiming that the new rate had not been set (as of last week at least). All of which I take with a grain of salt until we see an official statement from Amex/Marriott regarding the new rates.

A rate of 1000:1200 sounds a lot better to me than 3:2, and a rate I would be willing to accept as reasonable, even if disappointed it is not as generous as previous.

I remain hopeful, but am certainly sitting on the end it is most likely going to be 3:2 as has been discussed ad nauseam. 1000:1200 would be more then fair, and I could live with that - I'm just not optimistic about it happening.

 

[kkl]

Gotta pull up my most recent statement but I believe the transfer rate is stated

 

[blacksultan]

was also told this and that i will get a call back. fingers crossed

did you or anyone else get a call back from amex. I was supposed to get one yesterday and didnt`t.

 

[albyd]

Just had a look at my latest statements and I can’t find any reference to SPG. While some Amex operatives have been telling us transfer rate is not yet settled, whether it’s 1:1.2 or 3:2, it’s a significant devaluation. If it’s the latter, for me, it represents very poor value for MR points.

 

[kkl]

1:1.2 isn't too bad.

It was 1 Mr ->.5spg->1.5 marriott

 

[blueythecat]

It doubt it is going to be the rate, but 1000:1200, sure beats the reported 3:2 rate. If it happens I’d consider us very lucky and you won’t hear a complaint from me.

 

[robbo135]

It doubt it is going to be the rate, but 1000:1200, sure beats the reported 3:2 rate. If it happens I’d consider us very lucky and you won’t hear a complaint from me.

My August Amex statement (at the very bottom of the last page) makes it quite clear, the new rate will be 3 Amex MR points = 2 Marriott rewards points.

 

[zenyattamondatta]

My August Amex statement (at the very bottom of the last page) makes it quite clear, the new rate will be 3 Amex MR points = 2 Marriott rewards points.

Likewise:

Important update when transferringpoints to Starwood Preferred Guest
From August 1 2018, Starwood Preferred Guest ’ (SPG’ ), The Marriott Rewards ’ and The Ritz-Carlton Rewards ’ will come together as one program. If you choose to combine all three accounts, you will be able to transfer your Membership Rewards points to your new combined account. If you do not combine your accounts, you will still be able to transfer points to the rewards account corresponding to your SPG membership number.
Your new transfer rate will be 3 Membership Rewards points = 2 points at Marriott Rewards ’ , The Ritz-Carlton Rewards’ andSPG’.

 

[liuyz]

Likewise:

Important update when transferringpoints to Starwood Preferred Guest
From August 1 2018, Starwood Preferred Guest ’ (SPG’ ), The Marriott Rewards ’ and The Ritz-Carlton Rewards ’ will come together as one program. If you choose to combine all three accounts, you will be able to transfer your Membership Rewards points to your new combined account. If you do not combine your accounts, you will still be able to transfer points to the rewards account corresponding to your SPG membership number.
Your new transfer rate will be 3 Membership Rewards points = 2 points at Marriott Rewards ’ , The Ritz-Carlton Rewards’ andSPG’.

My most recent statement received days ago. No such information on the statement. No such a thing in previous one as well.

Since they are rolling out the official notification, I guess, before they notify me in writing, they should apply the old rate to my account?

Next statement will be well after the new program kick-in date.