EXPIRED! Starwood Preferred Guest (SPG) Sign Up Bonus Increased to 30k
This offer has now expired!
One of the best all around travel credit cards out there, the Starwood Preferred Guest, has bumped it’s sign up bonus up for both the personal and the business card up to 30k.
The regular offer is 25k, so an extra 5k for each card is nothing to sneeze at.
Here are the terms of the deal:
- Limited Time Offer: earn up to 30K bonus Starpoints®:10K after your first purchase and 20K after you spend $5K in purchases on the card within the first 6 mo. Offer expires 9/3/2013
- That’s enough for a weekend getaway to a Category 4 Hotel like the Westin Savannah Harbor Golf Resort & Spa, or six free nights at a Category 2 Hotel.
- Free Hotel Nights: redeem Starpoints at over 1,100 hotels in nearly 100 countries worldwide – with no blackout dates
- Free Flights: redeem Starpoints on over 350 airlines with SPG Flights – with no blackout dates
- Get 5,000 bonus Starpoints after you transfer 20,000 Starpoints to a frequent flyer program with more than 30 airlines
- No limits on the number of Starpoints you can earn
- $0 introductory annual fee for the first year, then $65
- Terms and Restrictions apply.
Why I Love These Cards
While a 30k sign up bonus may not seem that great, all the extra perks this card offers, in addition to the 30k sign up bonus, makes it a must have for most frequent flyers.
Here are a few of the best perks:
25% Transfer Bonus
Usually, the best transfer partner for SPG points is AA, and they sweeten the deal by giving you a 25% bonus on every 20k SPG points you transfer.
So 20k SPG points = 25K AA miles.
If you get both a personal and a business card, those 60k SPG points could be transferred to 75k AA miles.
That’s a pretty nice chunk of miles!
Cash + Points for Hotel Stays
If you decide to use your SPG points to stay at one of their hotels, you can stretch them extra far by paying a combination of cash + points.
You can routinely grab $400 hotel rooms for $100 and a small amount of points, meaning you can feel like a king or queen more often than not!
Annual Fee Waived
For the first year, the $65 annual fee is waived. Can’t argue with that!
Answers to the Most Commonly Asked SPG Questions
1. Can I get both a personal and a business version of this card?
Yes, you can get both versions of this card. I got both cards at the same time last August without a problem.
If you’re interested in how to get a business card, check out this post where I break down exactly how to do it.
2. Can I get the sign up bonus if I’ve had this card before?
According to American Express, you can get the sign up bonus if you haven’t had this card in the last 12 months. That means that if you had this card and closed it longer than 12 months ago, you can get the sign up bonus.
If you have had this exact same card in the last 12 months, you won’t get the bonus (sad face for me!).
3. How do I meet the minimum spend?
The minimum spend requirement is $5,000 in 6 months for each card, meaning that if you get both, you’ll be looking at $10,000 in 6 months.
By using these two methods, you should easily be able to hit it.
4. Why is this such a good everyday spend card?
Because you get a 25% bonus when transferring SPG points to airlines, like American Airlines, you are getting 1.25x points per every $1 you spend.
This is one of the best values out there, since most cards only earn you 1x point per $1 spent.
Also, AA miles can be very valuable, since they allow stopovers, open jaws, and free one-ways.
5. Are there any downsides?
The only real downside is that the SPG card has a 2.7% foreign transaction fee.
You should still open this card and get the sign up bonus, but I’d stash it away when you travel abroad and take the Chase Sapphire Preferred or Chase Ink Plus instead.
This is an absolutely awesome card, and I’d highly recommend signing up for it while the bonus is at 30k.
I’d also tell you to consider doubling your pleasure and going for both the personal and the business, which would net you a cool 60k SPG points!
So, are you going for this card now that the bonus has jumped up? Do you have any questions about it? If so, let me know in the comments below!
Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through the credit card issuer Affiliate Program.