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).
- 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
A 30% discount 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.
There are two things I would do before taking advantage of this offer.
First, anyone with a Starwood Preferred Guest® Credit Card from American Express can pay bills using the Plastiq bill pay service. Plastiq charges your card, mails a check, and charges you a 2.5% fee. That means you can ‘buy Starpoints’ at $0.025 apiece year round, no special offer needed.
Second and even better the Marriott Rewards® Premier Credit Card has a very special (best ever) signup offer: 100,000 points after $5000 in purchases in the first 3 months after account opening. Earn the bonus and you’ve got at least 105,000 points, which transfer directly to 35,000 Starpoints. The annual fee is $85.
Marriott’s Al Wadi Desert Resort
Your cost per Starpoint is about a quarter of a cent apiece, and that’s without factoring the 7500 bonus points for adding an authorized user and making a purchase in that same first 3 months from account open. (Only consider this card if you’ve opened fewer than 5 new card accounts in the past 24 months.)