Originally Posted by
swag
SPG offers a 5K bonus when you transfer out 20K, so if you wait to do that many at once, it's actually 1:1.25, so even better than 1:1.
Yes, this is what I did with my Starwood points for my 4 Rt tickets to Hawaii. You can transfer up to 79,999 per day out of Starwood, but to take advantage of the promotion, you would need to transfer 60K points per day and get 15K points bonus which would equal 75K points per day.