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Starwood Preferred Guest (SPG) points are one of the more valuable hotel points currencies out there. In addition to being probably THE cheapest for low-level award stays (as low as 2000 points / night!), they also allow you to transfer points to many airlines. The transfer is 1:1, but if you transfer in groups of 20,000 SPG points, you get an additional 20% bonus, so 20,000 SPG points turns into 25,000 airline miles.

(SEE ALSO: Starwood Preferred Guest program)

Right now through August 7th, American Airlines is offering an ADDITIONAL 20% bonus, where 20,000 SPG points will turn into 30,000 American Airlines miles.

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Fine Print

To qualify for this AAdvantage® bonus mile offer, member must initiate the AAdvantage mileage conversions with the Starwood Preferred Guest® program between 12:00 am Central time July 1, 2015 and 11:59 pm Central time August 7, 2015 (the “Promotion Period”), and be in good standing in the AAdvantage program. Members can convert multiple times during the Promotion Period.

To earn the 20% conversion bonus, member must convert points from the Starwood Preferred Guest program. This offer is non-transferable and non-reversible.

Bonus miles will be posted by American Airlines to the qualifying AAdvantage member’s account within 7 business days after the initial conversion activity has been posted by Starwood Preferred Guest. Bonus miles earned in this promotion do not count toward elite status qualification.

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