Purchase SPG Points with a 35% Discount!


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Starwood just came out with a new promotion where you can purchase SPG points at a 35% discount! This offer is available to everyone and you can purchase up to 30,000 points through March 16, 2018.a patio with a pool and a table

If you go all in it will cost you $682.50 to purchase 30,000 points. I definitely WOULD NOT suggest buying points speculatively, however, if you have an upcoming stay at a Starwood hotel, do the math to see if purchasing points is cheaper then paying for the hotel outright. There are many scenarios where it will definitely save you money! To receive the discount, you must purchase a minimum for 5,000 points.

And remember, since SPG points now transfer to Marriott, 1 SPG point = 3 Marriott points. So if you do go all in, those 30,000 SPG points will net you 90,000 Marriott points.

Some things to know with this promotion:

  • The maximum number of points you can purchase in a calendar year is 30,000 points
  • You can purchase points in increments of 500
  • Points take up to 24 hours to deposit into your account
  • Your Starwood account must be activated for at least 14 days
  • Purchase points here

Pros/Cons of Redeeming Points:

  • You will still get stay/night credits even when redeeming (pro)
  • You will not get the points (con)
  • If there is a bonus at the time, you will be ineligible when redeeming points (con)
  • If you are using all points, you will not have to pay any taxes (pro)
  • If using cash + point, you sometimes need to pay tax on the cash portion, but since this is on such a smaller amount you will not have to pay the full tax on the regular rate and at some resort and city locations this can be extremely high (pro)
  • At some hotels, you do not have the pay the resort fee if using points to redeem for your stay (pro)

So unless there is some unbelievable promotion going on, or the cost of purchasing points is close to the cost of actually paying for the stay, definitely use points when it is cheaper. This is a really good opportunity to purchase points for cheap!

Editorial Disclosure: Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.

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.

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Alex h
Alex h
6 years ago

If you exchange them for JAL miles, you can get really close to a 1st class redemption on Emirates for a really cheap price!

Gizmosdad
Gizmosdad
6 years ago

Do you know if purchased points count towards lifetime status?

Tom
Tom
6 years ago

That sure beats paying $1125 for 90,000 Marriott Rewards points.

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