I receive compensation for many links on this blog. You don’t have to use these links, but I am grateful to you if you do. American Express, Citibank, Chase, Capital One and other banks are advertising partners of this site. Any opinions expressed in this post are my own, and have not been reviewed, approved, or endorsed by my advertising partners. I do not write about all credit cards that are available -- instead focusing on miles, points, and cash back (and currencies that can be converted into the same).
Through April 30 Starwood is offering up to a 30% discount on buying Starpoints.
- 10% off 5,000 – 9,500 Starpoints
- 15% off 10,000 – 14,500 Starpoints
- 20% off 15,000 – 19,500 Starpoints
- 30% off 20,000 – 30,000 Starpoints
Thirty percent is the second-biggest discount ever (which they’ve offered a few times). The only bigger discount was last year and required you to have a co-brand American Express card.
This prices Starwood points at 2.45 cents apiece. And since Starpoints transfer to airline miles with a bonus — transfer points into 20,000 miles and receive 5000 bonus miles — you are effectively buying airline miles with your choice of programs (any of the many where Starpoints transfer 1:1) at a cost of 1.96 cents apiece.
Starwood only lets you buy 30,000 points per year for your account. And this is a limited-time offer.
But you can buy points at 2.5 cents any time you wish if you have a Starwood Preferred Guest® Credit Card from American Express and pay bills with the card. Using this technique you aren’t subject to the any terms and conditions-imposed limit.
All you have to do is pay bills using the Plastiq bill pay service. They charge your credit card and mail a check to nearly any business you wish.
Charge your bills to your Starwood Preferred Guest® Credit Card from American Express. Plastiq’s fee is 2.5% and you’re earning a Starpoint for each dollar charged. Effectively you’re buying Starwood points at 2.5 cents apiece, in whatever amount you have bills to pay.
Your rent or mortgage, for instance, let you buy these points uncapped. And since you can transfer the points to miles you have tremendous flexibility with those points.
Here’s the full list of airline mileage transfer partners:
|Frequent Flyer Program||Exchange Ratio (Starpoints : Miles)|
|Aeromexico Club Premier||1:1|
|Air China Companion||1:1|
|Air New Zealand & Air Points||65:1|
|Alaska Airlines Mileage Plan||1:1|
|All Nippon Mileage Club||1:1|
|American Airlines AAdvantage||1:1|
|British Airways Executive Club||1:1|
|China Eastern Airlines||1:1|
|China Southern SkyPearl Club||1:1|
|Delta Air Lines SkyMiles||1:1|
|Japan Airlines Mileage Bank||1:1|
|Korean Air Skypass||1:1|
|Miles and More||1:1|
|Saudi Arabian Airlines Alfursan||1:1|
|Singapore Airlines KrisFlyer||1:1|
|Thai Airways RoyalOrchidPlus||1:1|
|United Mileage Plus||2:1|
|Velocity Frequent Flyer||1:1|
|Virgin Atlantic Flying Club||1:1|