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Old Sep 26, 17, 3:49 pm
  #123  
yeunganson
 
Join Date: Apr 2005
Programs: Starwood:Lifetime Platinum, Air Canada:Basic, Asiana:Lifetime Diamond Plus, ANA: Basic
Posts: 959
Originally Posted by Smiley90 View Post
I didn't even realize this, but the 5x includes restaurants? That's amazing.

so if you spend 500CAD/month on restaurants/groceries, for the first year, that's

10k signup
30k bonus
500*12*5=30k bonus

= 70k total

Beats the gold via SPG-transfer to FFP's for miles/spend, too. Probably worth it at least for the first year IF you spend 500/month on 5X categories anyway. (and if visa gift cards from grocery stores count towards 5X then definitely)
Remember, you can't transfer to frequent flyer program. The Ratio to SPG is 2:1. So you're 70,000 points turn to 35000 SPG points.

The SPG AMEX currently yields 25000 welcome and 2 SPG points/$1 spend on SPG/Mariott hotels. So if you spend

$4000 in Starwood/Mariott hotels (and eat restaurants that happen to be inside Marriott or Starwood brands) per year
AND
$2000 in restaurants in general

The above is the equivalent to the Cobalt (500/month eating out) bonus.

Then if you stay in more in hotels or buy more of other stuff not in the bonus catagory, SPG AMEX holds the edge.

Strangely... If you rent a car, does it count as Transport?
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