Canadian SPG American Express
#1996
Join Date: Sep 2012
Location: YVR
Posts: 1,847
It's a certificate that can be used on a hotel costing up to 35,000 points or night per https://www.newswire.ca/news-release...686796011.html
Why not simply look at the new award chart? I think you'll see that you're wrong on that count.
https://points-redemption.marriott.com/category-change
https://points-redemption.marriott.com/category-change
#1997
Join Date: Sep 2012
Posts: 625
This would tie in with the US cards giving the night credit starting in 2019
#1998
Join Date: Nov 2017
Posts: 3,359
AmEX SPMarriott Letter Scan & Summary
I've received a similar letter today for my Canadian AmEx SPMarriott card and have taken a scan of the letter for fellow FTers to see in the meantime, which you'll find here.
To summarise:
In any event, I suspect this card could become a keeper, especially if those free night certificates can be used in lucrative ways (i.e. booking a New Year's eve at a Marriott in NY anyone?) The points devaluation is a bit of a bummer for me but most of the time I use my Gold AmEx since I find MR points to be more valuable with airline partners and the various redemptions options available.
Safe Travels,
James
To summarise:
- Earn rate is 5 points per dollar at SPMarriott properties and 2 points everywhere else
- Free night certificate which can be redeemed at properties costing up to 35,000 points per night
- Ability to earn one final free night certificate for properties costing up to 35,000 points per night once you spend $40,000 in purchases before your annual reset/anniversary date
- Complimentary Silver status with the ability to get Gold status after charging $30,000 in purchases each year
- Complimentary Premium Internet Access
- Complimentary Supplementary Cards
- Elite night credits to be announced by end of year
In any event, I suspect this card could become a keeper, especially if those free night certificates can be used in lucrative ways (i.e. booking a New Year's eve at a Marriott in NY anyone?) The points devaluation is a bit of a bummer for me but most of the time I use my Gold AmEx since I find MR points to be more valuable with airline partners and the various redemptions options available.
Safe Travels,
James
#1999
Join Date: Dec 2007
Location: Canada
Posts: 1,511
Elite night credits to be announced by end of year? Is this new?
I never received such an email?
I never received such an email?
#2001
Join Date: May 2012
Location: YOW
Programs: UA*1K, Marriott Titanium (LTP), Hilton Gold, Hertz PC
Posts: 1,665
So for those whose Chase Marriott renewed this year, I believe they had double the elite nights credit (30 nights), and will also receive this new night credit... lucky!
#2002
Join Date: Apr 2005
Programs: Starwood:Lifetime Platinum, Air Canada:Basic, Asiana:Lifetime Diamond Plus, ANA: Basic
Posts: 980
If those members are lucky enough to renewal in Jan or Feb (and then got a pro-rated refunds in March), then they got some free nights this year to qualify for status for 2019.
#2003
Join Date: Apr 2011
Location: Quebec and Ontario, Canada
Programs: AC*E50, SPG/Marriott Plat
Posts: 1,917
I thought Chase VISA completely pulled out of Canada already in March 2018. All former Chase VISA card holders no longer have those cards.
If those members are lucky enough to renewal in Jan or Feb (and then got a pro-rated refunds in March), then they got some free nights this year to qualify for status for 2019.
If those members are lucky enough to renewal in Jan or Feb (and then got a pro-rated refunds in March), then they got some free nights this year to qualify for status for 2019.
By the way I don't expect to get another 15 nights for this year. By the way is it really 15 nights ? Or is this link to spending ? To try to keep people using the card for something else than Marriott spending ? We will have to see...
#2004
Join Date: Apr 2005
Programs: Starwood:Lifetime Platinum, Air Canada:Basic, Asiana:Lifetime Diamond Plus, ANA: Basic
Posts: 980
Those letters
#2005
Join Date: Oct 2010
Location: YVR - Vancouver, with most winter weekends in Whistler.
Programs: Aeroplan 35K, Alaska MVP, Marriott Titanium / Lifetime Platinum, Hertz President's Circle
Posts: 4,609
Some advice please from those with experience with SPG and American Express Canada.
We have 4 of these cards in our household; two business and two personal. Since the business card earns 3 points on eligible gas, dining and travel for $20 extra in fee per year, can I ditch the SPG personal cards and treat the SPG business card as a personal card to gain access to the increased gas, dining and travel points?
I would probably then get another American Express card (likely Platinum) then treat the new business Platinum card as the real biz card (deduct the fee with actual business expenses) and the old SPG Business Amex as the everyday personal card.
A reasonable strategy?
We have 4 of these cards in our household; two business and two personal. Since the business card earns 3 points on eligible gas, dining and travel for $20 extra in fee per year, can I ditch the SPG personal cards and treat the SPG business card as a personal card to gain access to the increased gas, dining and travel points?
I would probably then get another American Express card (likely Platinum) then treat the new business Platinum card as the real biz card (deduct the fee with actual business expenses) and the old SPG Business Amex as the everyday personal card.
A reasonable strategy?
#2006
Join Date: Apr 2005
Programs: Starwood:Lifetime Platinum, Air Canada:Basic, Asiana:Lifetime Diamond Plus, ANA: Basic
Posts: 980
Some advice please from those with experience with SPG and American Express Canada.
We have 4 of these cards in our household; two business and two personal. Since the business card earns 3 points on eligible gas, dining and travel for $20 extra in fee per year, can I ditch the SPG personal cards and treat the SPG business card as a personal card to gain access to the increased gas, dining and travel points?
I would probably then get another American Express card (likely Platinum) then treat the new business Platinum card as the real biz card (deduct the fee with actual business expenses) and the old SPG Business Amex as the everyday personal card.
A reasonable strategy?
We have 4 of these cards in our household; two business and two personal. Since the business card earns 3 points on eligible gas, dining and travel for $20 extra in fee per year, can I ditch the SPG personal cards and treat the SPG business card as a personal card to gain access to the increased gas, dining and travel points?
I would probably then get another American Express card (likely Platinum) then treat the new business Platinum card as the real biz card (deduct the fee with actual business expenses) and the old SPG Business Amex as the everyday personal card.
A reasonable strategy?
There are some questions I have with AMEX remains unknown. Will AMEX Membership Rewards be able to transfer to the new Marriott/SPG program? What would the transfer ratio be? The AMEX MR to SPG ratio (2:1) we have now is better than the US version (3:1). But it is possible AMEX can cut off the transfer Aug 1 or significantly devalue the transfer ratio to the new program.
The SPG Business cost $30 more and cost $50 per additional card holder - whereas the personal card is free for additional card holder. The benefit is 1 extra point on gas and dining. Assuming a penny a point, you need to spend at least $3000 to break even. If you add mom/wife/kids as supplementary card holder, they will each cost $50 (so additional $5000/person spend on gas, dining, travel to make additional card holder to make back the annual fee compared to the personal SPG AMEX).
Finally, AMEX Plat has a very solid travel insurance and stuff when you buy tickets with the Plat card. Those loss/delays luggage insurance and flight delay I have used in the past and the Plat card covers amounts higher than the SPG AMEX. So naturally, you would want to book flights on the AMEX Plat than on the SPG AMEX.
All in all, the difference isn't significant enough for me to do the business SPG other than a potential welcome bonus....
#2007
Join Date: Mar 1999
Location: Ottawa, Canada.
Programs: AC*SE 2MM, Marriott*Plutonium Lifetime, other stuff
Posts: 485
Data point if people are interested:
My spend c. $C50k per annum, held SPG Amex for 3 years.
Called to point out as a lifetime Marriott Plat the benefits aren't interesting, so it seems all devaluation.
Got nothing offered, even when I said I would cancel after I reached the $40k free night.
TM
My spend c. $C50k per annum, held SPG Amex for 3 years.
Called to point out as a lifetime Marriott Plat the benefits aren't interesting, so it seems all devaluation.
Got nothing offered, even when I said I would cancel after I reached the $40k free night.
TM
#2008
Join Date: Mar 2017
Location: British Columbia
Programs: AS MVPG100K, Marriott Marriott Titanium Elite, Hilton Gold
Posts: 7,263
I just called and canceled my SPG Amex. I got it for the bonus but only used it a few times. Not as readily accepted and 90% of my travel is in foreign currencies. I refuse to pay a "currency conversion convenience fee" that it is calculated on the converted amount which isn't favourable to start with. Amex, once no longer accepted at Costco, has no value for me. The devaluation from 3 MR points to 2 New Program Points was the icing on the cake. 33% devaluation in points requires 50% more spend to recover.
Foriegn Currency Example:
Lets use a round figure for illustration.
1US$ = 1.35CAD$. Foreing exchange fee 2.5%
Charge US $1000.
Conversion rate with fee 1.35 + 1.35×0.025 = 1.38375
Charge in Canadian $1,383.75; a 3.375% premium over the exchange rate. Not 1.35 + 0.025 = 1.3725 as one may expect.
No thanks! On $40K CAD equivalent in foreign currency charged to you card you are paying $1000 CAD.
In my particular case, it doesn't warrant holding it.
James
Foriegn Currency Example:
Lets use a round figure for illustration.
1US$ = 1.35CAD$. Foreing exchange fee 2.5%
Charge US $1000.
Conversion rate with fee 1.35 + 1.35×0.025 = 1.38375
Charge in Canadian $1,383.75; a 3.375% premium over the exchange rate. Not 1.35 + 0.025 = 1.3725 as one may expect.
No thanks! On $40K CAD equivalent in foreign currency charged to you card you are paying $1000 CAD.
In my particular case, it doesn't warrant holding it.
James
#2009
Join Date: Sep 2010
Location: Canadia
Programs: A loyal Amerisuites customer... oh wait
Posts: 2,033
Okay. Myself, I'm going to hold onto the card at least until August.
Yes, this is the number I would expect.
In this case, the amount charged to the card is $1,350, not $1,000. 1350.00 x (1 + 2.5%) = 1383.75.
Sounds like standard currency conversion fee calculation.
Foriegn Currency Example:
Lets use a round figure for illustration.
1US$ = 1.35CAD$. Foreing exchange fee 2.5%
Charge US $1000.
Conversion rate with fee 1.35 + 1.35×0.025 = 1.38375
Charge in Canadian $1,383.75; a 3.375% premium over the exchange rate. Not 1.35 + 0.025 = 1.3725 as one may expect.
Lets use a round figure for illustration.
1US$ = 1.35CAD$. Foreing exchange fee 2.5%
Charge US $1000.
Conversion rate with fee 1.35 + 1.35×0.025 = 1.38375
Charge in Canadian $1,383.75; a 3.375% premium over the exchange rate. Not 1.35 + 0.025 = 1.3725 as one may expect.
In this case, the amount charged to the card is $1,350, not $1,000. 1350.00 x (1 + 2.5%) = 1383.75.
Sounds like standard currency conversion fee calculation.
#2010
Join Date: Oct 2002
Programs: United Premier 1K
Posts: 1,230
My SPG Business card is up for renewal July 19th. I assume I'm best off cancelling the card, and then reapplying in a few months (perhaps for the personal) - since otherwise I would have to wait until July 2019 for my free night certificate!