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From now through May 31, 2015, you can purchase Starwood Preferred Guest points at up to a 25% discount with the new SPG buy points promo. As with recent buy points promotions, this one is tiered to provide a greater discount when you elect to purchase more points.

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Offer Details

  • Get 10% off 5,000–9,500 Starpoints
  •  Get 15% off 10,000–14,500 Starpoints
  • Get 20% off 15,000–19,500 Starpoints
  • Get 25% off 20,000 Starpoints
  • Amounts under 5,000 points can be purchased at 3.5 cents apiece

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My Thoughts

Starpoints usually cost 3.5 cents each, and to score the full 25% discount, you must buy at least 20,000 Starpoints. So maxing out this promotion would net you 20,000 points for $525, which comes to just over 2.6 cents per point. That’s more than my valuation of Starpoints at 2.4 cents apiece, but it’s close enough that I think there’s value to be had here.

For example, if you need additional points to take advantage of a 5th Night Free Award, or if you’re staying at a top-tier property where rooms are expensive, buying points could be a good option. Consider the W Times Square (one of my favorite Starwood properties in NYC), where a 5-night stay in mid-May will cost 80,000 points (4 nights at 20,000 points and the 5th night free).

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The W Times Square goes for 20,000 Starpoints per night.

At $457 per night, this award offers just under 2.3 cents per point, so it wouldn’t make sense to buy points for just one or two nights here. However, if you already had 60,000 points in your account and wanted to stay for five nights, you’d get double the value out of purchasing the last 20,000 points, since you’d be able to take advantage of the fifth night free benefit. You’d pay $525 for points in order to save $914 on the room rate, for a net savings of $389.

Again, I wouldn’t suggest buying points speculatively, but the value offered by this promo is good enough that it’s worth running the numbers on your upcoming Starwood stays to see if you can save money by purchasing points.

Starwood Preferred Guest® Credit Card from American Express

There’s no telling how much longer these cards will be around and available for new applications because of the Marriott takeover, so now might just be the perfect time to apply. Apart from hotel redemptions, you can transfer Starpoints to over 30 airline partners, and now also transfer points from Starwood to Marriott Rewards at a 1:3 ratio, opening up even more redemption options.

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.
  • 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.
  • Receive free in-room, premium internet access. Booking requirements apply.
  • 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 and Conditions 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.

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