Up to 25% Discount on Purchasing or Gifting Starpoints: A Good Deal — or Not?
Whether the Starpoints you want to purchase are to top off your Starwood Preferred Guest frequent guest loyalty program account or for a gift for a family member, friend or colleague, you may earn a discount of up to 25 percent in terms of cash savings through May 31, 2014 as follows:
- Earn a discount of 10 percent off a purchase of 500–9,500 Starpoints
- Earn a discount of 15 percent off a purchase of 10,000–14,500 Starpoints
- Earn a discount of 20 percent off a purchase of 15,000–19,500 Starpoints
- Earn a discount of 25 percent off a purchase of 20,000 Starpoints
…but is this a good deal?
You can purchase 500 Starpoints for as little as $15.75, which works out to 3.15 cents per Starpoint; or — as FlyerTalk member jmgriffin points out — “The max shows you can buy 20,000 Starpoints for $525 w/ the 25% discount. This comes out to 2.625 cents/Starpoint.”
Although your Starwood Preferred Guest frequent guest loyalty program account may receive up to a maximum limit of 20,000 Starpoints per calendar year — whether purchased by yourself or received as a gift from another member of the Starwood Preferred Guest frequent guest loyalty program — you may purchase as many Starpoints as desired as a gift for other Starwood Preferred Guest frequent guest loyalty program accounts; and each gift recipient can receive up to 20,000 Starpoints per calendar year.
Your Starwood Preferred Guest frequent guest loyalty program account must have been active for a minimum of 14 days in order to qualify to purchase Starpoints with this promotion — otherwise, your purchase attempt will be cancelled. Purchases are final and are not refundable.
I say that this is a good deal if you were thinking about purchasing or gifting Starpoints anyway, as at least you get a cash discount on the deal — but in and of itself, I would say that this promotion is not exactly one for which I would go out of my way to take advantage. It is not a terrible deal; but it is not an irresistibly great deal either.
Not all FlyerTalk members agree with my assessment: “I still think there can be good value found in buying points and transferring them to airlines for reward redemption”, posted FlyerTalk member Triley. “Even with the YQ charges, I can still get a good deal out of a promotion like this. Especially with a bonus 5k transfer bonus.”
FlyerTalk member northernstar84 advises that “Some airlines are giving some times a conversion bonus (BA,AA,US) up to 25%. So in the end it could be up to 31`250 miles”; while FlyerTalk member BigD420 wonders that “If i used a *wood Amex would I get the bonus points from that as well. Might make the deal a little sweeter.”
Apparently so, confirms FlyerTalk member wanderlust00.
This deal may also work for you if your Starpoints are about to expire, as purchasing points is one way to keep your Starwood Preferred Guest frequent guest loyalty program account active for another year since the Starpoint expiration policy was eased two years ago.
I will most likely pass on this promotion. Do you intend on taking advantage of it?