Purchase Starwood points (Starpoints) at 20% discount (15 Oct to 30 Nov 2012)
Between October 15 and November 30, 2012 you can purchase starwood points at a 20% discount. This means 1,000 points will cost you $28 instead of $35.
You can purchase points in increments of 500 and up to 20,000 per calendar year. Points can take up to 24 hours to deposit into your account and you must have your SPG account activated for at least 14 days.
Remember though, when you use points, you will not earn points on your stay or any bonus points if there is a promotion. You will, however, earn stay/nights credit, which is great!
Can points gurus confirm if this is worth it? Have about 100k *points, and would consider getting 20k more if the value is there.
There is definitely value, but it really depends on how/where you redeem your points. For example, the Le Meridien Dead Sea costs about $250/night, but only requires 2,000 points/night on the weekend or 3,000 points/night during the weekday. With purchasing the points you can get a free night for $56 or $87/night.
Limited time offer - Save 20%
Top off your account for less! Buy Starpoints between October 15 - November 30, 2012 and receive 20% off the regular price.
Need extra StarpointsŪ for a free night, free flight or room upgrade? Now, you can buy 500 Starpoints for as little as $17.50 USD. Add up to 20,000 Starpoints to your account!
Still can't figure out if good deal or not. 20k pts = $560.
Take a Cat 2 Hotel. A 5 night stay would prob be about that so you are getting about equal value. Looking at higher hotel, it's also about same value for pts to $...(Cat 6 W Union Sq, I see it about $400-500 so again breaking even)
With Marriott the 50k pts for $600 you buy can get you a $1000-1200/night hotel at times (and has). And for lower awards you also come out ahead. So there's a clear advantage.
PM me for a referral for BankDirect (1000 extra AA miles), Starwood Amex, or Starwood Business Amex