For years, I’ve been blogging about my favorite credit cards for earning travel rewards, and the SPG (Starwood Preferred Guest) card from American Express has almost always been at or near the top of my list.
With the impending merger of Starwood and Marriott Hotels in the coming year or so, we’ll likely see the SPG program or at minimum, the SPG AMEX card, be phased out. In the interim, it behooves those who’ve never received this card to get one now as they’ve just upped the sign up bonus to 35,000 points, which is the highest bonus they’ve ever offered.
There are many reasons I value this card and the points earned through SPG, but here are my top 3:
SPG points (Starpoints) are of the most valuable in the points/miles world:
- Points can be used towards inexpensive hotel stays, starting at less than 4,000 points per night in some cases.
- Points can easily be transferred to over 30 global airlines, including a 25% point bonus for every 20,000 points transferred. (i.e. only 40,000 SPG points needed to transfer for a 50,000 mile flight)
- American Express backs your purchases with purchase protection and extended warranty, 2 amazing protections offered by the credit card issuer that I have taken advantage of on more than one occasion.
I go into further detail on the benefits of this card in older posts here.
If you plan on applying for this card, here’s what you need to know about hitting the sign up bonus:
- Personal Card: 25,000 bonus Starpoints after you use the new Card to make $3,000 in purchases within the first 3 months and an extra 10,000 bonus Starpoints after you make an additional $2,000 in purchases within the first 6 months.
- Business Card: 25,000 bonus Starpoints earned after they you the new card to make $5,000 in purchases within the first 3 months and an extra 10,000 bonus Starpoints after you make an additional $3,000 in purchases within the first 6 months.
Both cards have no annual fee the first year and $95 annual fee thereafter.
To learn more about what goes into your credit before signing up for credit cards, please read this article.
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