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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:
|Aegean Airlines Miles+Bonus||American Airlines AAdvantage||Hainan Airlines Fortune Wings Club||Qatar Airways Privileges Club|
|AeroMexico Club Premier||Asiana Airlines Asiana Club||Hawaiian Airlines HawaiianMiles||Saudi Arabian Airlines Alfursan|
|Air Canada Aeroplan||British Airways Executive Club||Iberia Plus||Singapore Airlines KrisFlyer|
|Air China Companion||Cathay Pacific Asia Miles||Japan Airlines (JAL) Mileage Bank||Thai Airways Royal Orchid Plus|
|Air France/KLM FlyingBlue||China Eastern Airlines Eastern Club||Jet Airways||topbonus loyalty|
|Air New Zealand Air Points||Delta Air Lines SkyMiles||Korean Air Skypass||United Mileage Plus|
|Alaska Airlines Mileage Plan||Emirates Skywards||LATAM Airlines LATAMPASS Kms||Virgin Atlantic Flying Club|
|Alitalia MilleMiglia||Etihad Airways Guest||LifeMiles of Avianca||Virgin Australia Velocity|
|ANA Mileage Club||Gol Smiles||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)