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As I first wrote about in early November, Starwood is offering a 35% discount on the purchase of Starpoints through December 29, 2017. This is a great opportunity to buy Starpoints, Marriott Rewards points, or airline miles, at a discount.
The 35% discount applies as long as you purchase at least 5,000 Starpoints in a single transaction. Starwood ordinarily charges 3.5 cents per purchased Starpoint. If you max out this promotion you can buy up to 30,000 Starpoints at a cost of $682.50, which is a rate of 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.
The reason it’s worth remembering about this promotion now is that if you don’t have an SPG account you could still sign-up now and then buy Starpoints before the promotion is over, as the promotion is valid for just about two more weeks.
Starpoints convert into Marriott Rewards points at a 1:3 ratio, meaning that this is an opportunity to indirectly buy Marriott Rewards points for ~0.76 cents each, which is potentially an excellent deal.
The other great value here is potentially acquiring airline miles this way. 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 you get a 5,000 point bonus for every 20,000 points transferred.
So at a rate of 2.275 cents per Starpoints, that’s the equivalent of paying 1.82 cents per airline mile. For many mileage currencies, I’d say that’s an excellent deal.
If you’re already an SPG member, you have a bit over two weeks to take advantage of this promotion. If you’re not an SPG member and want to take advantage of this promotion, sign-up now, so you can still buy Starpoints before the deadline.
(Tip of the hat to Loyalty Lobby)