Final Day for 30,000 SPG Bonus Points!

Please note this site has financial relationships with American Express and this post may contain affiliate links. Read my Advertiser Disclosure policy here to learn more about my partners.

This offer is being updated – congrats to those who got in on time!

You are leaving miles and points on the table if you miss applying for rewards credit cards when the sign-up bonuses are temporarily increased.  Sometimes, especially if you are newer to this hobby, it is very difficult to know if a sign-up bonus is truly increased or not.  I can tell you with 100% certainty that the SPG Amex Business and Personal cards have increased sign-up bonuses that are at the highest level I have ever seen them get in my years of obsessing over miles and points.

Of course there is no way to predict the future of sign-up bonuses, but historically they have usually only gone from the regular 25,000 point level to the current 30,000 point level once each summer.  As the weather and the calendar are telling us, summer is leaving, and these sign-up bonuses are scheduled to go back down to their regular levels after tomorrow (Monday).  If you are planning on getting either of these cards in the near term, I would seriously considering pulling the trigger by tomorrow or you are effectively walking away from valuable 5,000 SPG points.

Who Can Get the Increased Sign-Up Bonuses:

The terms for the business card indicate that the welcome bonus offer is not available to applicants who have or have had this product within the last 12 months.  In contrast, the personal card offer terms indicate that the welcome bonus offer not available to applicants who have or have had this product.

Value of 5,000 Additional SPG Points:

An additional 5,000 SPG points going from 25,000 to 30,000 points may not sound like much if you aren’t familiar with SPG points, but for the SPG card it is a pretty big deal since this sort of increase usually only happens about once per year.  You can also book award nights at SPG hotels starting at just 2,000 points per night, so 5,000 additional points are truly valuable with a variety of ways to redeem.  As I have mentioned, if history is an indicator, the bonus is unlikely to go back to the 30,000 point level again in the near future after that date.

St. Regis Kauai

St. Regis Kauai

To give you an idea of how you can put theses points to great use, here are a few posts on the topic.

How to Get 5 Hotel Nights and 50,000 Airline Miles from Two Credit Cards (Nights and Flights)

Get 15 Award Nights From One SPG Amex Sign-Up Bonus

Why Are SPG Points the Most Valuable Type of Point?

SPG Properties as Low as 2,000 Points

The Starwood Preferred Guest Business Amex also gets this new perk (in addition to the ones above):

  • Access to Sheraton Club Lounges for Starwood Preferred Guest® Business Amex cardholders staying on an eligible reservation for the cardholder and a guest  in the same room.  Card Members with a SPG Business Credit Card feel like VIPs with access to Sheraton Club Lounges, which includes a complimentary daily breakfast, evening selection of premium beverages and hors d’oeuvres, and space for hosting a friend or colleague.

New SPG Amex Benefits

Review of New SPG Amex Benefits:

If you didn’t already have Sheraton Club access via SPG Platinum status, then being able to grab a snack or complimentary daily breakfast vie having the business card is a real improvement.  In truth, most Sheraton Club Lounges in the US aren’t exactly memorable, but having the option to grab something is better than not having the option!

No foreign transaction fees on both the business and personal cards doesn’t sound near as novel now as it did a few years ago since many rewards cards already have this feature, but for this card it is still a very welcome change.  The SPG Amex awards 2x points on SPG charges, so it is very tempting to use it at international SPG properties, but the foreign transaction fees made that a deal killer.  Now you can swipe and earn valuable SPG points both in and out of the United States without any additional fees – hurray!

Find SPG Award Nights:

If you want to get an idea of how you can use SPG points to stay at properties that I have stayed and and loved like the Westin Riverfront Resort and Spa (Beaver Creek), St. Regis Princeville Kauai, St. Regis New York, or W Washington DC then check out this post for how to easily find award availability online.

Slopeside Westin Whistler

Slopeside Westin Whistler

Increased Bonus Lasts Until Tomorrow (September 14th):

While the new perks and benefits may be around to stay, the increased sign-up bonus of 30,000 SPG points only lasts until September 14, 2015, so plan accordingly if you have been hoping to get the Starwood Preferred Guest® Credit Card from American Express or Starwood Preferred Guest® Business Credit Card from American Express.

Editorial Note: The opinions expressed here are mine and not provided, reviewed, by any bank, card issuer, or other company unless otherwise stated.

Disclaimer: The comments below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

Comments

    • Maury, deadline is at some point tomorrow. If you are sure you want to apply I would do it today, but the links will still work through at least some point tomorrow (14th). Hope that helps!

  1. Summer, I currently have an AmEx Everyday Preferred and Starwood Personal. This month I picked up the Gold Rewards Premier and the Starwood business cards to take advantage of the signup bonuses.

    Since it is common wisdom that AmEx limits you to 4 credit cards, that leaves me 1 slot. I was planning on the Simply Cash for the $250 bonus that’s a 1st for this card, but I ran across an extraordinary offer for the Everday card for 25,000 pts, much higher than usual (if it’s still available today).

    Two questions: Which of those 2 cards would you choose? Would AmEx let me have both an Everday card and an Everyday Preferred card?

    Or am I pushing my luck asking for 3 in such a short time?

    • Cynthia, I have no clue how many cards Amex will approve for you in a short time, but I can say that I personally would value 25k Membership Reward points over $250…if that helps at all.

      • Thanks, That’s the way I’m leaning. Just helps to have the point of view from an experienced miles/points collector. Really the big draw for me with the Simply Cash card is getting access to the AmEx Open program on a card with no annual fee, though for now I have Open with the Starwood business card.

Leave a Reply

Your email address will not be published. Required fields are marked *