35% Discount on Starpoint Purchases until end of December

[MikeeB]

Woke up this morning to an email from SPG promoting another round of discounted starpoint purchases.
Buy and Gift Points | SPG
Could be of interest to those wanting to redeem a cheaper night in one of their more expensive properties or looking to make up a FF balance.

 

[Dr Ralph]

Must buy a minimum of 5000 points to get the discount and seems a max of 30,000 points can be purchased.

 

[coolkid101]

Holding out for the targeted bonus of 50% I got last year.. But this promo ending end Dec decreases the likelihood of a concurrent overlapping promo

 

[burmans]

Holding out for the targeted bonus of 50% I got last year.. But this promo ending end Dec decreases the likelihood of a concurrent overlapping promo

By my calculations a 35% discount is the equivalent of a 54% bonus, I.e. this seems better .

 

[coolkid101]

By my calculations a 35% discount is the equivalent of a 54% bonus, I.e. this seems better .

Sorry should have been clearer. Last year's targeted promo was 50% discount. I bought the points for 1.75cpm. This promo has then at 2.275cpm

 

[McLarin]

What are people's opinions on buying these points to the n transfer to say VFF? I've got business class redemptions in mind and along with the current promo on virgin would go nicely. Thanks.

 

[scwappy]

Really depends on what value you place the redemption side and the route(s) you wish to use them on. It’s not a clear cut answer.

 

[McLarin]

Really depends on what value you place the redemption side and the route(s) you wish to use them on. It’s not a clear cut answer.

Fair enough. I personally think i'll get good value out of it so I'll probably go ahead and max out the points purchase. Appreciate your response Scwappy.

 

[Dr Ralph]

What are people's opinions on buying these points to the n transfer to say VFF? I've got business class redemptions in mind and along with the current promo on virgin would go nicely. Thanks.

In my view very poor value.

 

[McLarin]

Th

In my view very poor value.

Thank you for responding Dr Ralph. Do you mind explain why you think this is of poor value!? And any ways to maximise their value

 

[Dr Ralph]

Th


Thank you for responding Dr Ralph. Do you mind explain why you think this is of poor value!? And any ways to maximise their value

Buy them at a cheaper price or when there is a better US $ conversion rate are the obvious suggestions.

I based my statement on how many points I needed buy hotel rooms for in the US in the last 6 months. I used SPG/Marriott points for around 75 nights earlier this year. Based on points I know I needed for rooms it would have meant that around $600 AUD was needed for a $250 US a night hotel room. Hence my statement of bad value.

Of course depending on the price for the hotel room and/or another reward you were looking at it may represent better value. But paying $600 AUD to get $250 US is value is not for me.

 

[McLarin]

Buy them at a cheaper price or when there is a better US $ conversion rate are the obvious suggestions.

I based my statement on how many points I needed buy hotel rooms for in the US in the last 6 months. I used SPG/Marriott points for around 75 nights earlier this year. Based on points I know I needed for rooms it would have meant that around $600 AUD was needed for a $250 US a night hotel room. Hence my statement of bad value.

Of course depending on the price for the hotel room and/or another reward you were looking at it may represent better value. But paying $600 AUD to get $250 US is value is not for me.

Appreciate the insight you have given Dr Ralph. Will take this into consideration, thank you.

 

[rock86]

With the 5K point bonus for transferring 20K SPG points into FF points, you're paying approx 2.4c a FF point.

So as the Dr said, not the best value.