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Starwood has an exclusive offer for those who have the Starwood Preferred Guest® Credit Card from American Express or Starwood Preferred Guest® Business Credit Card from American Express.
While Starwood typically sells Starpoints for 25% off a couple of times a year, cardmembers can purchase Starpoints for 35% off through June 3, 2016. This is a great deal, as it allows you to purchase your choice of airline miles for 1.82 cents each.
How much do Starpoints cost?
Starwood ordinarily charges 3.5 cents per purchased Starpoint. If you max out this promotion you can purchase 30,000 Starpoints for $682.50, which is 2.275 cents per Starpoint.
You can purchase a maximum of 30,000 Starpoints per account per calendar year, and accounts have to be at least 14 days old in order to participate in this promotion.
When Starwood offers a discount on purchased points, it has always been for 25% off. I’ve never seen a 35% off promotion before.
Keep in mind that Starwood points purchases are processed by points.com, so don’t count as hotel spend for the purposes of your credit card. That means if you buy points you’ll want to use a card which maximizes your return on everyday, non-bonused spend, like the Amex EveryDay® Preferred Credit Card, Starwood Preferred Guest® Credit Card from American Express, Citi® Double Cash Card, Chase Freedom Unlimited, etc.
How to get around annual Starpoint purchase limit
One way to get around the limit of only being able to purchase 30,000 Starpoints per account per calendar year is to make a household points transfer. Starwood allows members registered at the same address to transfer Starpoints between accounts. This means if you have four people at your address with Starwood accounts, you can all purchase Starpoints through this promotion and you could then transfer the points to one account.
Should you buy Starpoints?
This is a fantastic deal, and even though I already have hundreds of thousands of Starpoints, I’m considering purchasing more. While there’s uncertainty involving the upcoming merger with Marriott, and what it means for the value of Starpoints, I can see immediate value in this promotion.
Perhaps the most compelling part of this offer is that Starpoints can be transferred to over two dozen airline partners, including the following:
|AeroMexico Club Premier||ANA Mileage Club||Emirates Skywards||Qatar Airways Privileges Club|
|Air Canada Aeroplan||American Airlines AAdvantage||Etihad Airways Guest||Saudi Arabian Airlines Alfursan|
|airberlin Top Bonus||Asiana Airlines Asiana Club||Gol Smiles||Singapore Airlines KrisFlyer|
|Air China Companion||British Airways Executive Club||Hawaiian Airlines HawaiianMiles||Thai Airways Royal Orchid Plus|
|Air France/KLM FlyingBlue||Cathay Pacific Asia Miles||Japan Airlines (JAL) Mileage Bank||United Mileage Plus|
|Air New Zealand Air Points||China Eastern Airlines Eastern Club||Korean Air Skypass||Virgin Atlantic Flying Club|
|Alaska Airlines Mileage Plan||China Southern Airlines' Sky Pearl Club||LAN Airlines LANPASS Kms||Virgin Australia Velocity|
|Alitalia MilleMiglia||Delta Air Lines SkyMiles||Lufthansa Miles & More|
Points transfer at a 1:1 ratio to a vast majority of partners, and when you transfer points to them you receive a 5,000 point bonus for every 20,000 points you transfer.
If you buy 20,000 Starpoints for $455, you could convert those into 25,000 airline miles. That’s a rate of 1.82 cents per mile. For many mileage currencies, that’s a fantastic deal.
For example, at the moment Alaska is offering their biggest ever bonus on the purchase of miles, where you can earn up to a 50% bonus. That’s an opportunity to acquire miles for as little as ~1.97 cents each. You can do significantly better by purchasing Starpoints and then converting them into Alaska miles through this offer.
Similarly, Starpoints now convert into Virgin America Elevate points at a 1:1 ratio, meaning you can pick up Virgin America Elevate points for 1.82 cents each. You can redeem just 45,000 Elevate points for a one-way Virgin Australia business class ticket between the US and Australia, meaning you could acquire enough points for that for just ~$820. That’s amazing.
There’s also a lot of value to be had in converting Starpoints into Japan Airlines Mileage Bank miles for the purposes of redeeming on Emirates.
Convert Starpoints into Japan Airlines miles, for redemptions in Emirates A380 first class
The one caveat is that converting Starpoints into airline miles isn’t an instant process — it takes anywhere from a few days to a couple of weeks.
If you have the SPG Personal Amex or SPG Business Amex , buying starpoints for 35% off is a fantastic value, in my opinion. This is an opportunity to buy airline miles for 1.82 cents each in your choice of programs, with the flexibility to transfer them whenever you’d like. I’d much rather purchase Starpoints speculatively rather than an individual mileage currency, given that the points are much more flexible.
This is a great, great offer, in my opinion.
If you’re eligible, do you plan on purchasing Starpoints for 35% off?
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.