This week I am running a contest for one lucky TPG reader to win 100,000 Starwood Preferred Guest Starpoints. To enter, all you need to do is tell me how you’d use the grand prize and you have to utilize at least 2 different redemption methods (more details on the contest here).
Starpoints are valuable because there are a lot of valuable ways to redeem them. One of the lesser known ways is the option, “Nights and Flights” where you get both free nights and airlines miles.
This option is only available is you redeem for category 3 and 4 hotels, so it’s not available on the cheap or top properties.
Option 1: 60,000 points for 5 nights at a category 3 hotel and 50,000 airline miles. Category 3 hotels are normally 7,000 points a night, so 5 nights costs 28,000 SPG points (the 5th night is always free on free night redemptions). 50,000 airline miles normally costs 40,000 SPG points, so this package saves you 8,000 Starpoints.
Option 2: 70,000 points for 5 nights at a category 4 hotel and 50,000 airline miles. Category 4 hotels are normally 10,000 points a night, so 5 nights costs 40,000 SPG points (the 5th night is always free on free night redemptions). 50,000 airline miles normally costs 40,000 SPG points, so this package saves you 10,000 Starpoints.
So basically, if you are looking to redeem your Starpoints for free nights at mid-tier hotels and also want to boost your airline miles, this option can make a lot of sense. And remember, if you accrue American Airlines miles, SPG points transferred to AA count towards lifetime elite status.
Also, the last day to sign-up for the 30,000 point sign-up bonus is Monday August 21, 2011. This is a great deal because the standard sign-up bonus ranges between 10,000-25,000 with much higher initial spend requirements. Update: 30k bonus expired 8/22/11
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