In the interest of full disclosure, One Mile At A Time earns a referral bonus for purchases made through some of the below links. These are products and services we use ourselves, and are the best offers we know of. Check out our Advertising Policy for further details. Thanks for your support!
As I first wrote about in mid-November, Starwood is offering a 25% discount on the purchase of Starpoints through December 31, 2015. I figured I’d post a reminder about this promotion, since you only have a couple of days left before it expires. Historically Starwood has offered this promotion twice a year, so this promotion doesn’t come around as frequently as with some other programs.
Through this promotion the bonus on purchased points is as follows:
- Buy 5,000-9,500 Starpoints Save 10%
- Buy 10,000-14,500 Starpoints Save 15%
- Buy 15,000-19,500 Starpoints Save 20%
- Buy 20,000 Starpoints Save 25%
Starwood ordinarily charges 3.5 cents per purchased Starpoint. So if you max out this promotion you can purchase 20,000 Starpoints for $525, which is 2.625 cents per Starpoint.
Personally I value Starpoints at ~2.2 cents each, though there are certainly instances under which it can make sense to purchase points:
- At many hotels you’ll get way over 2.625 cents of value per point through free night redemptions
- Starpoints can be converted into airline miles at a 1:1 ratio, with a 5,000 point bonus for every 20,000 points transferred, meaning in the right increments you’re basically getting 1.25 airline miles per Starpoint; at 2.625 cents per Starpoint, that’s like picking up airline miles for 2.1 cents each (which can represent a great value for Alaska Mileage Plan, Japan Airlines Mileage Bank, etc.)
Keep in mind that while you’re limited to purchasing 20,000 Starpoints per account per calendar year, Starwood allows household points transfers for free. This basically means you can buy points for multiple accounts and then consolidate them, if you’re so inclined.
There’s a bit of added uncertainty with buying points at the moment, given the upcoming merger between Marriott and Starwood. That certainly has the potential to impact how I redeem Starpoints, especially when we find out at what rate Starpoints will convert into Marriott Rewards points.
Do keep in mind that purchases of Starpoints are processed by points.com, so you’ll want to use a credit card which maximizes your return on everyday spend.
I know many people who take advantage of this offer as often as it comes around, so I figured it was worth posting a reminder that this is the last chance to purchase Starpoints for 25% off. This can be an especially good deal for the purposes of picking up airline miles for ~2.1 cents each. Japan Airlines charges just 65,000 miles for roundtrip business class on Emirates between New York and Milan, so that’s like paying under $1,400 for those miles. Quite a deal, if you ask me!
Do you plan on buying Starpoints for 25% off?