Up to 25% discount when buying SPG Starpoints

SPG is currently offering the ability to purchase Starpoints at a discount of up to 25% The deal is on from now through to 31 May 31, 2015. The discount increases as the number of points increase, as follows:

  • Buy 5,000-9,500 Starpoints Save 10%
  • Buy 10,000-14,500 Starpoints Save 15%
  • Buy 15,000-19,500 Starpoints Save 20%
  • Buy 20,000 Starpoints Save 25%

This seems to be a relatively standard offer for Starwood. There is a maximum of 20,000 Starpoints that can be purchased per account, per calendar year. In addition, the account must have been opened for at least 14 days at the time it receives the points. For example, the last offer was identical.

At the top end of the scale, 20,000 points will cost $US525. At that price, each Starpoint is costing 2.63 cents each.

Should you buy Starpoints?

As with many of these bonus point promotions, it may not be worthwhile buying points unless there was a specific purpose in mind.

One interesting feature, is that it is possible to transfer Starpoints across to airline partners. For example, it is possible to transfer points to Virgin Australia’s Velocity program on a 1:1 basis.

There is also a bonus of 5,000 points when you transfer 20,000 points, thus those 20,000 Starpoints can be transferred to Velocity gaining 25,000 Velocity points. There are a large number of airlines this can work for, including Singapore Airlines and Cathay Pacific.

If aiming for a specific airline award, this may offer a way of buying extra points.

The deal is available here.

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