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The promotion was supposed to last until April 15, so the night of April 13 I drafted a post about it being your last chance to purchase Starpoints for 25% off. Well, the morning of the 15th they extended the promotion by a couple of weeks, through April 30, 2016.
Tomorrow is April 30, meaning this is your last chance to purchase Starpoints for a 25% discount (assuming the promo isn’t extended again, which I doubt it will be).
Through this promotion the discounts are tiered, 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 20,000-30,000 Starpoints, Save 25%
That means you need to buy 20,000-30,000 Starpoints in order to get the 25% savings. With the 25% savings, the cost per purchased point is 2.625 cents.
That might sound high on the surface, though keep in mind that Starpoints are the single most valuable points currency out there.
Starpoints can be converted into airline miles at a 1:1 ratio (they have over two dozen transfer partners), and you even get 5,000 point bonus for every 20,000 points transferred. That means that each Starpoint can potentially be worth 1.25 airline miles.
Given that you’re paying 2.625 cents per Starpoint, that’s like potentially paying 2.1 cents per airline mile in some unique currencies, which could represent a pretty good value. It’s an especially good deal if you’re trying to top off an account for a redemption you’ve been trying to make.
As of a couple of weeks ago, Starpoints can even be converted into Virgin America Elevate points at a 1:1 ratio. Elevate points are considerably more valuable than the average mile, so it’s incredible that’s the transfer ratio they use.
For example, 80,000 Elevate points is enough for a roundtrip Virgin Australia business class ticket between Los Angeles and Sydney. At a cost of 2.1 cents per mile, that’s like paying ~$1,680 for a roundtrip business class ticket to Australia on Virgin Australia (I’d note their business class award availability isn’t as good as it used to be, unfortunately).
As I outlined in the original post about the promo, you can easily get around the limit of purchasing 30,000 Starpoints per account, given that Starwood allows household transfers. This means you can buy points for multiple accounts and then consolidate them into one account, assuming the accounts are all registered at the same address.
Starpoints purchases are processed by points.com, so don’t count as airfare spend for the purposes of your credit card. Therefore you’ll want to use a card which maximizes your return on everyday spend, like the Amex EveryDay® Preferred Credit Card, Citi® Double Cash Card, Chase Freedom® Unlimited, or Starwood Preferred Guest® Credit Card from American Express
If you want to purchase Starpoints for 25% off, you have one day left to do so. While this isn’t a promotion everyone should take advantage of, there’s certainly value to be had, given Starwood’s extensive airline transfer partners. If you’re looking to top off an account for an award, buying Starpoints is one of the best ways to accomplish that.
Non-Affiliate Product Disclaimer: The information for the AmEx Everyday Preferred has been collected independently by One Mile At A Time. The card details on this page have not been reviewed or provided by the card issuer.