Originally Posted by
mendy7511
I got an email today from Starwood for an offer of 20,000 points if I sign up.
Is this a good deal?
Do they ever waive the first year $120 Fee?
I might want to try it, but paying for 2 premium cards at the same time (AMEX is not accepted everywhere) seems too much.
It is a pretty good deal. They had a 15K, no annual fee promo back in the fall that I applied for (and I am STILL waiting for the 15K 4 months later...ugh), but the extra 5,000 more than pays for itself for the $120 fee. BUT, if you want to avoid annual fees altogether, wait until they offer the 15K+no fee promo.
FWIW, I have both the Amex Gold and Amex SPG cards - both no fee for the first year. I use my Amex Gold at all grocery, gas and drug stores, and used my SPG at other stores to make my minimum spend. I made my minimum spend in one month, so I rarely use it now. I plan to cancel soon - and maybe churn when the next no fee promo comes in. BUT - need to get my bonus points before I can do that!!!