The Starwood Preferred Guest American Express card has a new benefit – double points (2 per £1) on all stays at Starwood and Marriott properties.
One of the biggest complaints about the Starwood Amex in the past is that you didn’t get any sort of bonus for using the card to pay for a Starwood hotel. Most other hotel credit cards do this.
In one swoop, Starwood is not only fixing this anomaly but also giving you double points on your credit card spend when you stay at any of the 5,000+ Marriott-owned hotels globally.
This could be a valuable benefit. I tend to value a Starpoint at 1.5p. This value is now underpinned by the fact that you can transfer Starpoints to Marriott Rewards points at a 1:3 ratio, as I also value a Marriott point at 0.5p.
If you spend £500 at a Marriott or Starwood hotel on your Starwood Amex, you would earn an extra 500 SPG points which I would value at £7.50.
If you are a heavy user of Marriott hotels, you should take another look at the SPG American Express card. There is a £75 annual fee but you receive 10,000 SPG points for signing up. These would convert into 30,000 Marriott Rewards points.
And news for Marriott Rewards credit card holders …..
If you have the old Marriott Rewards credit card, there is also good news for you.
Going forward, you will now receive double Marriott Rewards points via your credit card (2 per £1) for spending at Starwood hotels. This offer already applied to Marriott hotels.
Unfortunately the Marriott Rewards card will not be re-opening to new applicants in the near future because Marriott cannot meet the FCA’s credit broking requirements.
But don’t forget …..
If you are spending your own money, don’t be taken in by double points. The 3% foreign exchange fee charged for overseas transactions on both of these cards means that it is still not a great deal. You are better off using a credit card with no FX fees such as the Lloyds Avios Rewards card, Post Office, Halifax Clarity etc.
Marriott Rewards credit card holders should download Supercard (see here) and link their Marriott card to it, which reduces the FX fee to 0% – although you won’t earn double points since the charge goes through as Supercard and not as a Marriott or Starwood hotel.
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Disclaimer: Head for Points is a journalistic website. Nothing here should be construed as financial advice, and it is your own responsibility to ensure that any product is right for your circumstances. Recommendations are based primarily on the ability to earn miles and points and do not consider interest rates, service levels or any impact on your credit history. By recommending credit cards on this site, I am – technically – acting as a credit broker. Robert Burgess, trading as Head for Points, is regulated and authorised by the Financial Conduct Authority to act as a credit broker.