AwardWallet receives compensation from advertising partners for links on the blog. The opinions expressed here are our own and have not been reviewed, provided, or approved by any bank advertiser. Here's our complete list of Advertisers.
This promotion has ended; please review current/active promotions.
SPG has announced a promotion where you can purchase Starpoints with a discount of 35% through March 16, 2018.
- Offer is valid through March 16, 2018
- You can purchase a maximum of 30,000 Starpoints per year
- The minimum purchase is of 5,000 points to benefit from a 35% discount
- The points do not count towards SPG Elite status
- To purchase points, your SPG account has to be at least 14 days old
- Points cost $0.035 per point before discount
Purchasing the maximum number of points will set you back $682.50 for 30,000 Starpoints, an effective rate of 2.275 cents a point. One thing to remember is that even though SPG allows points to be pooled between different accounts registered at the same address, the 30,000 cap on points purchased or received as a gift still applies. So, you cannot purchase points across multiple accounts and then combine them. Individuals, however, could purchase their maximum and as long as you reside at the same address, you could then combine points.
Maximizing The Promo
SPG point purchases are processed by points.com, so you'll earn no bonuses when completing the purchase. We'd recommend if you're going to purchase points that you use a card that maximizes your return on everyday purchases.
Using SPG Points
One of the key benefits of this promotion is that it is an easy way to pick up some airline miles at a discounted rate given the transfer partners built into the SPG program. Most points convert to miles at a ratio of 1:1 and you effectively have a 25% inbuilt transfer bonus when converting your Starpoints to miles, provided you transfer in 20,000-point increments.
SPG isn't shy about discounting their points for 35%; this isn't the first, and nor do we think it is the last time we'll see this sale. We're not one to speculatively buy at this rate, but if you're short points (or miles), run the numbers and you might find out that you'll pay less for SPG points that you can transfer to your airline rewards program of choice than you would if you bought directly from the airline.
The comments on this page are not provided, reviewed, or otherwise approved by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.