Starwood Preferred Guest (SPG) points are a valuable currency for frequent flyers. Starpoints, as they’re known, can be transferred to over 30 frequent flyer programs. SPG will even throw in 5,000 bonus points for every 20,000 Starpoints transferred. What’s more, SPG is offering a 35% discount on Starpoints purchases until 29 December 2017.
Woke up this morning to an email from SPG promoting another round of discounted starpoint purchases. Could be of interest to those wanting to redeem a cheaper night in one of their more expensive properties or looking to make up a FF balance.
SPG is the loyalty program of Starwood hotels. You can earn Starpoints by staying at Starwood’s hotel brands including St Regis, Sheraton, Le Meridien and Westin. Points can also be transferred from Diners Club and American Express. But if you’re short on points, buying them may not be a bad option.
Starpoints are normally sold for USD35 ($46) per thousand, which amounts to around 4.6 cents per point. The current promotion brings the price down to USD22.75 ($30) per thousand, or around 3 cents per point. 20,000 Starpoints are worth 25,000 airline frequent flyer points. So a purchase of 20,000 Starpoints would allow you to obtain frequent flyer points with a wide variety of different airlines at a cost of 2.4 cents per point.
This could be a good deal if you’d like to top up your frequent flyer points with an airline where points are highly valuable, but hard to get. Starpoints can be transferred to over 30 airlines. But some key programs of interest include American Airlines AAdvantage, Cathay Pacific Asia Miles & Singapore Airlines KrisFlyer.
Naturally, you can also redeem Starpoints for hotel stays at Starwood properties.
To be eligible to buy Starpoints, you’ll need to have an SPG account that’s at least 14 days old. Also note that there is a maximum of 30,000 Starpoints that can be purchased in a single calendar year.
While this is not a bad promotion, SPG does occasionally offer up to 50% off Starpoints. If you’re not in a hurry, you may prefer to wait for the higher offer to be repeated.
Holding out for the targeted bonus of 50% I got last year.. But this promo ending end Dec decreases the likelihood of a concurrent overlapping promo
Will you be taking advantage of the discount on Starpoints? Join the discussion HERE.