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This deal is definitely worth considering, because Starwood points are hard to earn, but really valuable!
It might make sense for folks who need more Starwood points for a specific stay. Or if you need to top-off your account to transfer points to a Starwood airline transfer partners, like Delta, British Airways, or American Airlines.
Here’s more about this deal!
Buy Discounted Starwood Points
Through June 30, 2017, you’ll get 35% off when you purchase (or gift!) Starwood points.
You can usually buy Starwood points for 3.5 cents each. With this deal, if you buy at least 5,000 Starwood points to get the 35% discount, you’ll pay ~2.3 cents per point.
You can buy Starwood points in increments of 500 points, but you must purchase at least 5,000 points to take advantage of this deal. And you can purchase up to 30,000 Starwood points per account, per calendar year. Just remember, purchased points do NOT count towards elite status.
Is This a Good Deal?
This could definitely be worth it for some!
1. High-End Starwood, Marriott, or Ritz-Carlton Stay
For example, you can convert the Starwood points to Marriott or Ritz-Carlton points at a 1:3 ratio. So if you buy 30,000 Starwood points for ~$683 with this deal, you’ll have 90,000 Marriott or Ritz-Carlton points (30,000 Starwood points X 3).
That’s more than enough Marriott points for a stay at a Tier 5 Ritz-Carlton hotel, like the The Ritz-Carlton Bal Harbour, Miami, that costs 70,000 points per night. Nights here can easily cost ~$850+!
As always, do the math to see what makes sense for you.
2. Transfer Points to Airlines
You could purchase Starwood points to transfer to one of Starwood’s partner airlines.
For example, with the 35% savings, you’ll pay $455 for 20,000 Starwood points. Plus, you can get a 5,000 mile bonus when transferring all the points to a Starwood airline partner with a 1:1 transfer ratio.
25,000 miles (20,000 + 5,000) is enough for a round-trip coach ticket within the US on airlines like American Airlines and Delta. So if $455 is LESS than the cash price you’d pay for a ticket, this deal would make sense!
3. Save on Your Next Stay at Starwood Hotels
Of course, you can also redeem points for a fantastic stay at Starwood hotels.
And don’t forget to check out my series on using Starwood hotel points!
Need More Starwood Points?
Remember, AMEX will only give you the sign-up bonus for each card ONCE per lifetime.
Through June 30, 2017, you can save 35% off Starwood points purchases of 5,000+ points.
Do you plan on taking advantage of this deal? Let me know in the comments!