SPG Card by Amex Increases Sign-Up Bonus

Advertiser Disclosure

Everyone loves an ‘offer boost’ for that credit card they’ve been watching.  Boy, have the past two months been full of those!  The latest to offer up a little more to ‘sweeten the points pot’ is the Starwood Preferred Guest Credit Card by American Express.  Usually, the sign-up bonus is 25,000 points, but now, for a limited time, it is 30,000 Starpoints, and that’s for both the personal and business credit cards!

And, as a bonus for those of you that hold the card already, you can receive 5,000 points for referring people!  Receive 5,000 points for every card approval (up to 55,000 Starpoints per year).  Let’s dig into the details below, and check out some other features of the card!

 

 

Sign-up Bonus

Starwood points are some of the most valuable out there in the points and miles world.  The transfer partners in the airline space and the great hotels that Starwood has around the world makes this so.  With this credit card now, you’ll earn 10,000 SPG points on first purchase.  After that, you’ll receive 20,000 more points for spending $5,000 in the first six months of cardmembership.  These offers are identical for the personal and the business credit cards.

 

Annual Fee 

The regular annual fee for this SPG credit card is $65, but for the first year, the fee is waived.  So, the cost of cardmembership could be $0 during the first year!

 

Earning Starpoints 

As a co-branded credit card, you’ll receive bonus Starpoints for spend at Starwood hotels.  For all purchases at Starwood’s brands, including spend charged to the room, you’ll receive two points per dollar.  All other purchases will receive one point per dollar.

 

Gold Status with Spend

One major benefit for the Starwood Preferred Guest Business Credit Card is the ability to earn automatic Starwood Gold Status when you spend $30,000 on the card in a calendar year.  Gold status nets you upgraded rooms, late checkout at 4 p.m., and a choice of free Starpoints, wifi, or a free beverage at check-in.

You’ll also receive three points per dollar spent during your Starwood stays, instead of two.

 

Two Stay credits 

For those that can’t spend $30,000 per year on a credit card, the credit card does offer you two stays and five nights credited toward elite status.  That means, you’ll only have to have 8 stays or 20 nights to receive gold status.   And, if you have both the personal and business card versions, you’ll only have 6 stays or 15 nights to receive gold status.

 

Benefits of Starpoints 

Starpoints are particularly useful for the frequent traveler because they can be transferred to a number of airline partners across multiple alliances.  And, when you transfer in 20,000 mile increments, you’ll receive a 5,000 mile bonus in whatever program you transfer to.

 

The Nitty Gritty

APR is between 15.24% and 19.24%, with APR for cash advances at 21.24%.  Penalty APR is 27.24%.  Foreign transaction fees are 2.7%, and for cash advances, you’ll also pay a fee of $5 or 3%, whichever is greater.  If you miss a payment, you’ll also pay a $35 fee.

 

Conclusion 

The new bonus of 30,000 Starpoints at sign up is an excellent offer, and the new referrals make life a little better for loyal cardmembers.  Has this post convinced you that now is the time to apply?  Let us know below!

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