Great Deal: 35K Sign-Up Bonus On SPG Business Amex

Update: This offer for the Starwood Preferred Guest® Business Credit Card from American Express has expired. Learn more about the current offers here.


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Here’s a great new offer, especially as the minimum spend requirement is less than it was last time we saw a bonus this big. Through March 28, 2018, the Starwood Preferred Guest® Business Credit Card from American Express is offering a sign-up bonus of 35,000 Starpoints. Specifically, the card is offering 35,000 Starpoints after spending $7,000 within three months.

The last time we saw an increased sign-up bonus on this card, the minimum spend requirement was $10,000, so this is significantly lower (however, the period over which you have to complete the spend is also shorter). While that’s still a fairly big minimum spend, I highly doubt we’ll see an offer this big on the card with a lower minimum spend requirement. If you want to look at the bonus differently, you’re earning six Starpoints per dollar spent on your first $7,000 (since you’d earn 42,000 Starpoints after spending $7,000).

The card’s $95 annual fee is waived for the first year. This is as big as the sign-up bonus on the SPG Business Amex gets. Starpoints can also be converted into Marriott Rewards points at a 1:3 ratio, meaning that you can also turn 35,000 Starpoints into 105,000 Marriott Rewards points.

On a per point basis I consider Starpoints to be the most valuable points currency out there, and I value them at ~2.2 cents each. So I value 35,000 Starpoints at ~$770.

Not only does the card have a great sign-up bonus, but it offers several other perks that potentially make it a keeper:

The Sheraton club lounge access is an especially awesome perk, and can get you hundreds of dollars of value per year, if you stay at Sheratons with any frequency.


Get Sheraton club lounge access with the SPG Business Amex

This is a great offer, so if you don’t yet have the SPG Business Amex, I’d definitely consider applying. For those with excellent credit, I find that American Express business cards are among the easiest to be approved for. Furthermore, applying for an Amex small business card generally won’t count towards your total as far as the Chase 5/24 rule is concerned.

Late last year we learned about the fate of Marriott’s credit card portfolio, and we know that the SPG Business Amex is here to stay, as American Express will be issuing the small business credit cards for the combined Marriott program in the future.

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Comments

  1. Honestly the SPG biz Amex gave me personally the best ROI of any card in 2017. The 35K points went a long way (some even got transferred to Marriott) and the Sheraton club lounge access has been great. Some folks seem to forget that even if you are SPG Gold you won’t always get a room on a club floor and thus no lounge access.

  2. If you get spg gold status via the amex plat, how would you get Sheraton lounge access? Is it just tied to your spg account?

  3. @ Markus — SPG Gold status doesn’t come with lounge access. In the case of the SPG Amex Business Card, it should be linked to your account, and you’ll automatically get access.

  4. This is a great card to pick up before paying your taxes in April since you can meet the high minimum spending requirement of $7,000 at a fee of just 1.87%. Considering SPG points are worth over 2 cents a piece, the fee is negated, and you can get 35,000 SPG points for money you would have spent anyway through your taxes.

  5. SPG business Amex is here to stay? I thought it would go away as the programs merge, by next year. I was thinking I should get the business SPG amex soon (though 7k is too high so I’ll wait until April) in order to lock it in. Is there no rush? Which should I try to lock in first, the Marriott business card from Chase or the SPG business Amex? Advice?

  6. Ben, do you think the SPG AmEx will be considered the same product as whatever small business card they launch for the combined program? Wondering if it would be worthwhile to cancel the card before it gets automatically converted.

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