This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Policy, visit this page.

Come August, the SPG loyalty program will come to an end as it finally combines with the new Marriott Rewards scheme. With that means the end of earning, redeeming and purchasing valuable Starpoints.

Starwood is currently running a buy points promotion where you can save 35% when purchasing Starpoints. The discount drops the price of one Starpoint to 2.28 cents apiece, which is significantly lower than the 2.7 cents valuation that TPG gives the currency. This is likely the last time we’ll ever see the ability to purchase points at this rate before every Starpoint is turned into three Marriott points.

To maximize the promo, you’ll have to buy more than 5,000 points.

  • Buy 500-3,000 Starpoints at 3.5 cents apiece
  • Buy 5,000-30,000 Starpoints and save 35% (2.28 cents apiece)

If you do participate in the promo, make sure you use a card that earns bonus points on the purchase — the Chase Ink Business Preferred and Starwood Preferred Guest Business Credit Card from American Express are great options and can net you 6.3% to 5.4% back on your purchase, respectively.

Redeeming Starpoints for Maximum Value

There are a handful of ways to redeem Starpoints for great value. The first of course being redeeming points for hotel stays — you can book category 1 SPG hotels for just 2,000 points per night. With this promotion, it’s like buying a night at a hotel for just $46. SPG and the new Marriott program give the 5th night free on award redemptions.

Transferring Starpoints directly to the right airline partners is another great option, especially considering you earn a 5,000-mile bonus for every 20,000 points you transfer. SPG has the largest amount of transfer partners including airlines like JAL, Alaska and Asiana, and the new Marriott program will add even more partners.

You can move 40,000 Starpoints (netting 50,000 miles with the bonus) to Alaska, which would be enough for a one-way flight from the US to Asia on Cathay Pacific in business class. Transferring 40,000 points to Asiana, a Star Alliance carrier, would be enough for a one-way flight from the US to Europe in Lufthansa first class.

Image by Zach Honig.
Only 40,000 Starpoints could get you a ticket in Lufthansa first class. Image by Zach Honig.

If you do take full advantage of the sale, it’s like buying airline miles for 1.82 cents apiece because of the 25% transfer bonus SPG offers.

For those who want to experience something a little more unique,  you could redeem your points for an SPG Moments event.

Finally, to truly really maximize your points, your best best would be to transferring them to Marriott and redeem for a Marriott Hotel + Air package. Just note you’ll want to do this before the two programs officially merge, as the new packages will see a large devaluation.

You can buy Starpoints at 35% discount here until the promotion ends on July 20. 

Featured image of the Westin Paris Vendome.

Capital One® Savor® Cash Rewards Credit Card

This cash back card has a focus on dining and entertainment where you can earn unlimited 4% cash back in those spending categories. You can also earn 2% cash back at grocery stores and 1% cash back on all other purchases.

Apply Now
More Things to Know
  • Earn a one-time $500 cash bonus after you spend $3000 on purchases within the first 3 months from account opening
  • Earn unlimited 4% cash back on dining and entertainment, 2% at grocery stores and 1% on all other purchases
  • No rotating categories or sign-ups needed to earn cash rewards; plus cash back won't expire for the life of the account and there's no limit to how much you can earn
  • No foreign transaction fees
  • Access to premium experiences in dining, entertainment and more
  • $0 intro annual fee for the first year, $95 after that
Intro APR on Purchases
N/A
Regular APR
16.24% - 25.24% (Variable)
Annual Fee
$0 intro for first year; $95 after that
Balance Transfer Fee
$0
Recommended Credit
Excellent, Good

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.