Travel More for Less With 35% Discount on Purchased SPG Points

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If you are one who likes to purchase SPG points to travel more for less, know that they are again offering a discount on purchased SPG points! Just was offered towards the end of 2017, you can again get a discount of 35% on SPG point purchases of 5,000 points or more. This drops your per point price to about 2.275 cents per point, which is solid for SPG points. Personally, SPG points just saved me hundreds of dollars on a one-night hotel stay and made an otherwise unaffordable holiday slopeside stay in Whistler a reality, so I like to be sure and not let my SPG account balance get too low.

 

A 35% discount on SPG points is about as good as I have seen it get outside of some rare targeted offers. We last saw this same 35% discount a couple of times in 2017. Each SPG account can only purchase 30,000 SPG points per calendar year, however, it is a new year and remember that you can transfer SPG points for free between two accounts that share the same address. If you really wanted to load up, this means your spouse, partner, etc. who shares the same address could also do the same and then you could combine points down the road.

Link: Starwood Buy & Gift Miles

 

At this 35% off discounted rate, you are paying 2.275 cents per SPG point. To give real-life examples of how this translates to potential savings on stays, the very well located resorts of Westin Grand Cayman, Aspen Snowmass, Sheraton Steamboat, and the Westin Whistler are 9,600 SPG points per night (plus applicable resort fees) on five-night award stays. This comes to about $218 per night at 2.275 cents per purchased point.

Westin Grand Cayman from 9.6k points per night

That is still not cheap, but paid rates at these hotels can easily be well more than double or triple that rate during peak periods, so it can make sense in some situations to purchase SPG points instead of paying cash for stays. At the lower end of the spectrum, a Category 1 stay somewhere like the Four Points Sheraton Kansas City Airport (that helped me earn SPG Platinum status on the cheap) at 2,000 points per weekend night would come to $45.50 at that discounted rate.

To give a more family-friendly example, the Category 2 Sheraton Lake Buena Vista Resort in Orlando can easily sell for $150 per night on peak weekends, but you can also book it for just 3,000 SPG points per night on those same weekend nights. At 2.275 cents per purchased SPG point, that comes to about $68 per night using purchased points. Over the course of a multi-night stay, your family could save hundreds of dollars by using purchased points instead of paying the going rate.

Sheraton Lake Buena Vista Resort

If you do decide to take advantage of this offer, I recommend paying with the Starwood Preferred Guest® Credit Card or Starwood Preferred Guest® Business Credit Card since they will both provide a 2x bonus on purchased SPG points.

This 35% discount on purchased SPG points is scheduled to run until March 16, 2018.

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

The responses 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.

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  1. Question–What do you consider a “low” balance in your SPG account? Do you try to have a minimum of X number of points? If so, how many?

    I love SPG, but with the impending merger of the Marriott and SPG programs, it’s not on my long-term build list. The key for me (other than using the SPG points for high-end hotels) is the 1:1 airline transfers

    • It’s all relative, but in a perfect world, I like to have at least 30k or so…enough for a few nights at a mid-tier SPG property.

  2. I thought this was another just-in-time post, as I was looking at a few days in London and thinking about SPG point hotels. But…at 25,000 points/night, that’s over 400 GBP, which is more than the cash price for the room! So not for me. 🙁

    • Yeah that is still quite steep! I like Hyatt Churchill or there are a couple London properties on IHG PointBreaks list. Club Carlson also has nice London options.

      • Sadly I primarily have Amex points, which don’t transfer to Hyatt or Club Carlson, all my Chase points were used for airfare, and Citi Thank You points (not that I have that many) don’t transfer anywhere! Still learning where to collect points and where not to waste them.

  3. Are you sure about the 2x points when using the SPG branded cards? Other blogs report that Points.com processes the transaction, so there would be no bonus.

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