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Wow, Starwood is offering this promotion yet again. The last one was valid through the end of May, though this is likely to actually be the last time it’s ever offered, at least before the formation of the new Marriott loyalty promotion in August.
Similar to the promotion we saw last month, Starwood is offering a 35% discount on purchased Starpoints when you buy at least 5,000 points in one transaction through July 20, 2018.
Starwood ordinarily charges 3.5 cents per purchased Starpoint. If you max out this promotion you can buy up to 30,000 Starpoints (which is the maximum number of points you can buy per calendar year) 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. That means you could still sign up for an SPG account now and take advantage of the promotion before it ends.
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 potential value here is 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.
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. For example, I’ve written about the opportunity to buy Alaska miles for ~2.11 cents each through July 3, 2018, which I know many people take advantage of, so this is an opportunity to buy Alaska miles for even less.
Which card should you use?
While these transactions are processed by points.com, if you use the Starwood Preferred Guest American Express to purchase Starpoints, you’ll earn two Starpoints for every dollar you spend purchasing points.
This is as good of a promotion as you’ll see on the purchase of Starpoints. Since a new Marriott loyalty program will be forming in August, this is also likely to be the last such promotion they’ll offer. Whether you’re looking for Starpoints, Marriott Rewards points, or airline miles, taking advantage of this promotion could represent a great deal.
I know lots of people took advantage of this offer last time, so this is a good opportunity for those of you who missed that.
Will you be buying Starpoints during this sale?
(Tip of the hat to Frequent Miler)