(3/28/2018 – this offer is now expired – for current offers see our top credit card offers page)
The Starwood Preferred Guest® Business Credit Card from American Express is one of the better cards out there. Its bonus is typically 25,000 Starpoints, but has gone as high as 35,000 Starpoints. Yesterday we wrote about an offer that is for 35,000 points for the business card, and today we’re talking about refer a friend offers.
If you already have the card, you should be able to log in to your account at American Express to get your link. Your friend will get the standard 35,000 point offer (detailed below) and you should get 7,500 points (up to a total of 55,000 points per year)
As always, DO NOT SIGN UP FOR A CREDIT CARD JUST BECAUSE SOME GUY ON THE INTERNET SAID YOU SHOULD
Details on the Starwood bonuses
The 35,000 point bonuses on these cards is the highest that we’ve seen before. The bonuses have gone up to 35,000 points twice before – but the spending amount required has been different. Most recently, the bonus was staggered slightly but currently the signup bonus is the full 35,000 points once you spend $7000 in the first 3 months
As I said earlier, the offer is good through March 28th.
Benefits of the Starwood Preferred Guest® Business Credit Card from American Express
Besides the Starpoints themselves (probably the most lucrative points out there), this card comes with a few other nice benefits
- Access to Amex Offers – I actually chose this as one of my cards with an annual fee that I keep, because I’ve gotten more than $95 of value just from Amex Offers on my cards
- Access to Sheraton lounges
- 2 elite qualifying stays and 5 nights towards status each year
Who can get these Starwood bonuses
As a reminder, the current card application best practices limit you to one bonus per card on American Express cards. So if you’ve ever received a bonus on an American Express Starwood card, you won’t be eligible for a bonus at this point. If you’ve gotten a bonus on the personal card, you CAN still get a bonus on the business card.
As far as I know, getting a business card with a different business name / EIN will NOT get around the 1 per lifetime bonus rule
What to do with these bonuses
35,000 Starpoints if you meet the minimum spending requirements is obviously a lot
I transferred SPG points to American Airlines to get my 2 lie-flat seats to Peru for our upcoming trip. Remember, with Starwood points, you can transfer 1:1 to most airlines, AND a 5000 bonus if you transfer in multiples of 20,000 Starpoints (so 20,000 Starpoints becomes 25,000 airline miles in most programs)
And of course, you can use them to (gasp!) actually stay in hotels too :-). And as a reminder, due to the impending SPG -> Marriott merger, you can currently transfer Starpoints to Marriott Rewards points at a 1:3 ratio.
How to meet the minimum spend bonuses
$7000 is a lot of spend to make, and depending on your spending habits, organic spend might not be enough to make it. Here are a few options that I’ve done some work on
- My experiences using Plastiq to earn “free” money paying my mortgage
- How to get started on gift card reselling
- A month of product reselling – reselling $3709.06 of products on Amazon
Is this the last hurrah for this card?
As previously mentioned, Marriott is buying Starwood and the merger should close before too terribly long. I would expect that there will be a combine loyalty program, and it probably doesn’t make sense that there will continue to be Starwood cards issued by American Express and Marriott cards issued by Chase. It’s still too early to say what the final card landscape will be, but it would not surprise me if the Starwood cards go away at some point. So if you’re wanting to get this card, you’ll want to do it while it’s at an all-time high signup bonus, and it’s possible this may be the last or one of the last time it’s up this high.
Again, you can find this card offer on a list of top business credit cards here. I may receive a commission if you’re approved for a card through this link.
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