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For the last month or so, the Starwood Preferred Guest Business Credit Card from American Express has been offering an elevated sign-up bonus of 35,000 Starpoints. While this involves meeting two spending requirements ($6,000 in the first three months to earn 25,000 points and $4,000 within the first six months to earn the additional 10,000), it represents a 10,000-point increase over the standard offer for this card. If you’re interested, you only have a short time left to act; the increased bonus ends on Wednesday, November 1.
Based on TPG’s valuations, 35,000 Starpoints are worth $945. If you’ve been eying any redemptions through Marriott Rewards, keep in mind that you can also move Starpoints over to that program at a 1:3 ratio, meaning the sign-up bonus could get you 105,000 points to use toward a Marriott or Ritz-Carlton award stay.
In addition to getting you a nice amount of Starpoints thanks to this elevated bonus, the Starwood Business Amex earns you 2 points per dollar (a 5.4% return) on spending at Starwood and Marriott properties and 1 point per dollar everywhere else. Other benefits include five night and two stay credits toward SPG elite status each year, complimentary Boingo access on up to four devices and free premium in-room internet access on eligible stays. Unlike the personal Starwood Preferred Guest Credit Card from American Express, the business version also offers access to Sheraton Clubs with eligible rates as well as discounts with FedEx, Hertz and other vendors through the Amex OPEN Savings program. This card has a $95 annual fee that’s waived the first year, and no foreign transaction fees.
We don’t know what sign-up offer will replace the current bonus once it ends in a few days, though it will likely be the standard 25,000 points after spending $5,000 in the first three months. So if you’re interested in adding this card to your wallet and can meet both tiers of the spending requirement to earn the full 35,000 points, make sure you sign up by Wednesday, November 1!
Source: thepointsguy.com