Am I understanding this new free annual award night correctly for SPG personal:
" Each year, after renewal of your Starwood Preferred Guest® Credit Card from American Express, you will receive one Free Night Award from Starwood Preferred Guest. The Free Night Award can be redeemed for a one-night stay inclusive of room rate and applicable taxes at participating SPG and Marriott Rewards hotels with a redemption level at or under 35,000 points. Redemption levels for participating properties will be available on August 1, 2018."
If my AF posted this month, June, then I won't be getting a free award night until next August (2019)?