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TPG reader Dave tweeted me to ask:

@thepointsguy–“Is now a good time to get the SPG Amex? Does that card ever offer more than the 25,000 points sign-up bonus, or should I apply now?” 

If you follow my Monthly Valuation Series, you’ll know that I think Starpoints are the most valuable loyalty currency out there. You can transfer them to over 30 different airlines at a very good ratio, you can redeem them for hotels at a great value, and you can even get great value by redeeming them for SPG Moments (like the awesome time I just had taking my dad to a Knicks game in a luxury box for just 45,000 points). This was an unforgettable experience, so I’m pretty high on Starpoints at the moment.

When is the best time to apply for the SPG Amex? Photo courtesy of Shutterstock.
When is the best time to apply for the SPG Amex? Photo courtesy of Shutterstock.

To answer Dave’s question, if you’re deciding when to get the Starwood Preferred Guest Credit Card from American Express, you should know that generally once a year the card offers an increased sign-up bonus of 30,000 points. This typically comes in the summer (around August, though this year it came earlier). So you could wait until next year to apply; while there’s no guarantee the higher bonus will return, I think it’s likely.

However, you have to consider the opportunity cost. If you’re looking to book a trip with SPG points and need to boost your balance, it could make sense to just get the card now. For example, this card gives you two stays and five nights toward elite status, so if you’re worried about coming up short this year and being unable to qualify, you should consider getting the card now so that those elite credits will count toward this year’s status.

Also think about your everyday spending. If you wait until next summer, you lose nine months of solid earning to build up your SPG balance. Depending on your spending patterns, that could easily end up costing you more than the 5,000 points you gain by waiting.

I really love my SPG Amex, and I also have the Starwood Preferred Guest Business Credit Card from American Express, which gives me a total of four stays and 10 nights toward elite status each year.

So are those 5,000 points worth the benefits you could be using if you got the card now? Think about it and decide what works best for you!

If you have any other questions, please tweet me @thepointsguy, message me on Facebook, or send me an email at

Starwood Preferred Guest® Credit Card from American Express

The best sign-up bonus we've ever seen from the SPG Amex is here, for a limited time only. Earn up to 35,000 Starpoints which can be used for hotel redemption around the globe, transferred to over 30 airline partners, and even transfer from Starwood to Marriott Rewards at a 1:3 ratio.

Apply Now
More Things to Know
  • Earn 25,000 bonus Starpoints® after you use your new Card to make $3,000 in purchases within the first 3 months.
  • Limited Time Offer- Earn an extra 10,000 bonus Starpoints® after you make an additional $2,000 in purchases within the first 6 months. Offer ends 4/5.
  • Earn 2 Starpoints® for each dollar of eligible purchases spent on the Card at participating SPG® & Marriott Rewards® hotels. Earn 1 Starpoint for all other purchases.
  • No Foreign Transaction Fees on International purchases.
  • Redeem Starpoints® at over 1,300 participating hotels and resorts in over 100 countries and for flights on more than 150 airlines with SPG flights, all with no blackout dates.
  • $0 introductory annual fee for the first year, then $95.
  • Terms Apply.
  • See Rates & Fees
Intro APR on Purchases
Regular APR
15.74%-19.74% Variable
Annual Fee
$0 introductory annual fee for the first year, then $95.
Balance Transfer Fee
Recommended Credit
Excellent Credit
Terms and restrictions apply. See rates & fees.

Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.