Starwood Preferred Group (SPG) Starpoints are among the most flexible currencies on the market, which is why both Ben of One Mile At A Time and Brian, The Points Guy, value them at over 2 cents apiece. About once a year they offer an increased sign-up bonus and that time is now!
In addition to using these points at SPG hotels, they can be transferred to over two dozen airlines at a 1:1 ratio – and if you transfer 20K points at a time they’ll tack on a bonus 5K points! Other airlines are available at less favorable ratios.
SPG points can also be transferred to Marriott at a 1:3 ratio (1 SPG = 3 Marriott) and used either for stays at Marriott hotels or transfer them to other airlines.
Here are the airlines where you can transfer points at a 1:1 ratio:
Here are the other airlines:
The Air New Zealand transfer rate is a horrific 65 SPG points = 1 Air New Zealand Airpoint so you want to make that a transfer of last resort. GOL Smiles and United MileagePlus both transfer at a rate of 2 SPG points = 1 frequent flyer mile. Might do in a pinch but again, you’d try to avoid it. Since LATAM uses kilometers for their currency the transfer rate is 1 SPG point = 1.5 LATAM Pass mile.
If you choose to transfer your points to Marriott, they are best used at Marriott properties but they can be transferred to airlines as well. However the airline transfers are usually at a terrible transfer rate so I do not recommend this method.
The normal sign-up bonus for this card is 25K points but if you are approved by April 5th and meet the minimum spend, here’s what you can earn:
25,000 bonus Starpoints after using the new Card to make $3,000 in purchases within the first 3 months and an extra 10,000 bonus Starpoints after making an additional $2,000 in purchases within the first 6 months.
That’s a maximum of 35K Starpoints which is the biggest bonus ever for this card. Note that those “first 3 months” and “first 6 months” are dated from the date of approval, NOT the day you activate the card.
The card has no foreign transaction fees and the annual fee of $95 is waived for the first year.
There are business and personal versions of this card though I can only refer you for the personal card. If you allow me to refer you and are approved, I will receive a 5,000 point bonus for doing so. Just drop me an email at email@example.com. All I need is your first name and an email address!