It’s Back: Buy Starpoints For 35% Off

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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+BonusAmerican Airlines AAdvantageHainan Airlines Fortune Wings ClubQatar Airways Privileges Club
AeroMexico Club PremierAsiana Airlines Asiana ClubHawaiian Airlines HawaiianMilesSaudi Arabian Airlines Alfursan
Air Canada AeroplanBritish Airways Executive ClubIberia PlusSingapore Airlines KrisFlyer
Air China CompanionCathay Pacific Asia MilesJapan Airlines (JAL) Mileage BankThai Airways Royal Orchid Plus
Air France/KLM FlyingBlueChina Eastern Airlines Eastern ClubJet Airwaystopbonus loyalty
Air New Zealand Air PointsDelta Air Lines SkyMilesKorean Air SkypassUnited Mileage Plus
Alaska Airlines Mileage PlanEmirates SkywardsLATAM Airlines LATAMPASS KmsVirgin Atlantic Flying Club
Alitalia MilleMigliaEtihad Airways GuestLifeMiles of AviancaVirgin Australia Velocity
ANA Mileage ClubGol SmilesLufthansa 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.

Bottom line

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)

Comments

  1. @Ben:

    What’re your thoughts that this sale is perhaps an indication of a devalued airline transfer chart ahead of the combined SPG/Marriott program? While I’d like to think this was just another sale, I can’t help but presume corporations to be nefarious and want to sucker us into buying lots of points right before they make them useless…or at least less useful.

  2. Because this codes as a Starwood purchase on the SPG Amex, one has to wonder if this will qualify for $60 off $300 Amex offer.

  3. @William — I am not sure, so hopefully others will have the answer. What you can do is transfer SPG points to another SPG member who resides at the same address as you. That person can then link an FF account to their own SPG account and transfer to the FF account. That would be a workaround.

  4. Is marriott currently offering any bonus airline miles for redeeming a air+hotel package ? or alternatively are any airlines offering any bonus’s on hotel points that get transferred in right now? Through when?

  5. @Matt and @William:

    That’s exactly what my partner and I did. Though you have to provide proof of cohabitation in order to link them. If I remember correctly, we used a phone bill or driver’s license and had to upload it or email it to SPG. Either way, it wasn’t terribly difficult, but it was about 48 hours before the ability to transfer was available. Overall a fairly simple process but it did require we involve some SPG customer rep. assistance. The only thing to be wary of is that 48-hour window; so I wouldn’t embark on this process expecting to book award flights immediately.

  6. I currently have exactly 270K points in my Marroitt Rewards hoping to book a Travel but would be restricted to a Cat 1-5 hotel. Is it a good idea to buy 30K additional SPG points for $682.50 , convert them to MR and aim for a Cat 8 proporty ?

    This is basically paying less $100 more per night for upgrade for Cat 5 to Cat 8

  7. When I initially set up my family members’ SPG accounts, they all had the same address as myself. When we go to pool the points, do we still need to send proof of address in order to pool the points? Or is it a simple matter of linking the accounts online?

  8. BEWARE…You do NOT earn double star points for our purchases anymore with AMEX SPG cards! The FAQ section of points.com has also changed and no longer mentions double points. I made a recent purchase and noticed the double points did not show up on my AMEX SPG statements.

  9. I checked my SPG account regarding my point purchase from last month. I only received 1x per $1.

    +683 – 06/14/2018
    SPG AX BASE SPEND – OPEN

  10. @Hersh
    Pretty sure the wording in the FAQ section used to state two starpoints per dollar spent. Now it says “additional starpoints”. That’s vague and confusing and I think it was done intentionally. In any case, consider yourself warned if you decide to make a starpoints purchase with your AMEX SPG…

  11. Just spoke to SPG, the ‘additional starpoints’ are the points you would normally receive anyway for using the card 😉

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