[Changing in August] SPG Amex to go from 1.25 airline miles per $ to 0.83 miles/$
#1
Original Poster
Join Date: Mar 2014
Location: SJC/BUR
Programs: Hyatt Diamond, IHG Platinum, Hilton Gold, Club Carlson Gold, Starwood Gold
Posts: 1,089
[Changing in August] SPG Amex to go from 1.25 airline miles per $ to 0.83 miles/$
Formerly, 1 dollar = 1 SPG point. 20,000 SPG points = 25,000 airline miles.
New math in August. 1 dollars = 2 SPG points (wow, double! just kidding, not.) 60,000 SPG points = 25,000 airline miles.
So instead of spending $20K to get 25K airline miles, you'll need to spend $30K. A 33% devaluation. Frankly, for me, this will move base spend to a different card product. Pick your poison:
Chase Freedom Unlimited = 1.5 airline miles per base dollar
Amex Blue Business Plus = 2 airline miles per base dollar
Amex Everyday = 1.2 airline miles per base dollar
Amex Everyday Preferred = 1.5 airline miles per base dollar
Citi ThankYou Products = 1 airline miles per base dollar
Barclay Arrival Premier = ~1.4 airline miles per base dollar (~2.1 miles if you hit certain spend thresholds)
New math in August. 1 dollars = 2 SPG points (wow, double! just kidding, not.) 60,000 SPG points = 25,000 airline miles.
So instead of spending $20K to get 25K airline miles, you'll need to spend $30K. A 33% devaluation. Frankly, for me, this will move base spend to a different card product. Pick your poison:
Chase Freedom Unlimited = 1.5 airline miles per base dollar
Amex Blue Business Plus = 2 airline miles per base dollar
Amex Everyday = 1.2 airline miles per base dollar
Amex Everyday Preferred = 1.5 airline miles per base dollar
Citi ThankYou Products = 1 airline miles per base dollar
Barclay Arrival Premier = ~1.4 airline miles per base dollar (~2.1 miles if you hit certain spend thresholds)
#2
Join Date: May 2014
Posts: 125
It looks like SPG went away from any kind of airline redemption. It is purely a hotel card. It was probably to complicated to get everything to reconcile, especially with the new bonus categories of dining, gas, flights, hotels....
#3
Join Date: Jun 2016
Location: SNA; LAX; KUL
Posts: 434
Also the fact that for those of us that just had the anniversary date pass won't get the free night. Might as well cancel and apply for the new Marriott card when it comes out.
#4
Join Date: Jan 2013
Location: Canada
Programs: Aeroplan 50K, Bonvoy Titanium, IHG Diamond, Hilton Diamond
Posts: 292
I guess we might as well transfer points from SPG to your favorite airline now.
#5
Join Date: Aug 2013
Posts: 1,710
Yep come August my spend on my SPG Bus and Personal will go to zero other than, possibly, some hotel charges. I feel a little sorry for Amex but the only possible reason I see to consider holding the legacy SPG cards going forward is the free night cert and even that may depend on what the new Marriott awards chart looks like. I suspect I will be cancelling one or both cards. I'll shift my spend to other Amex and Chase cards which are now more attractive for non-bonused spend.
#6
Join Date: Jan 2010
Location: CGK/LAX
Programs: KF,JMB, OZ, SPG,AA,UA,AS
Posts: 1,163
I put most of my un-bonused spend on my SPG Amex. I only use the points to for airline transfers (mainly, SQ, JL, NH, OZ, AA, and Aeroplan). Last year I put a little over $1M on the card, but starting in August will probably move my un-bonused spend somewhere else, I just need to figure out where.
#7
Join Date: Jan 2002
Posts: 197
I put most of my un-bonused spend on my SPG Amex. I only use the points to for airline transfers (mainly, SQ, JL, NH, OZ, AA, and Aeroplan). Last year I put a little over $1M on the card, but starting in August will probably move my un-bonused spend somewhere else, I just need to figure out where.
How do they charge $450 for a premium card and CUT the earning rate from 3 Marriott Points to 2 per dollar AND take away lounge access? Original ratio should've been kept for the Premium $450 card at minimum.
#8
Join Date: May 2006
Location: KSNA/KLAX
Programs: IML GOLD, Bonvoy LTPE, WOH Globalist, AAEXPLT
Posts: 645
I put most of my un-bonused spend on my SPG Amex. I only use the points to for airline transfers (mainly, SQ, JL, NH, OZ, AA, and Aeroplan). Last year I put a little over $1M on the card, but starting in August will probably move my un-bonused spend somewhere else, I just need to figure out where.
Them giving 15 EQN, $75k = Platinum level or $300 spend credit at hotels is a fairly decent reason to apply for the card. I suspect many cardmembers have multiple $450 a year credit cards so the other benefits are a wash.
#9
Join Date: Dec 2003
Location: Charlottesville, Va. USA
Posts: 1,752
stvr:
which one of those cards can you transfer miles/points to AA?
which one of those cards can you transfer miles/points to AA?
#10
FlyerTalk Evangelist
Join Date: May 2002
Location: NYC, USA
Programs: AA EXP 3MM, Lifetime Platinum, Marriott Titanium, HH Gold
Posts: 10,968
Since the Sheraton Club Lounge benefits will disappear for SPG Biz Amex on Aug 1, 2018, what will be the reason to keep it in addition to the SPG consumer Amex? (4 additional devices on Boingo WiFi?) Maybe I'm not seeing something...
#11
Suspended
Join Date: Mar 2017
Programs: AC
Posts: 2,167
Guess I will use my card until August and then cease wasting my time with SPG.
#12
Join Date: Sep 2005
Programs: Northwest, United
Posts: 3,257
All the dishonest bloggers are spinning this as "no big deal". That's nonsense. This is a major devaluation (devalued by one-third, specifically).
I will be closing my SPG cards when this hits.
#13
Suspended
Join Date: Mar 2017
Programs: AC
Posts: 2,167
Agreed, even a paltry 1.5% return with my Mastercard yields an arguably "better" return than with SPG, and yes while I have LT Platinum status it isn't fair to compare an Apple to a Google.
#14
Join Date: Jun 2016
Location: SNA; LAX; KUL
Posts: 434
Just tweeted this at Amex.
Will probably just keep this card for the free night and any potential Amex Offers
Will probably just keep this card for the free night and any potential Amex Offers
#15
Join Date: Jan 2016
Posts: 905
In respect of the airline miles cost, it's a 50% change rather than 33%