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A few months ago, I wrote about whether it might make sense to buy Starpoints when discounted (at the time the discount was 30%).
The same advice is going to apply (re-read that post), but during June 2017, Starwood Preferred Guest is selling points at a 35% discount!
As always, you can purchase for your account (or receive as a gift) a maximum of 30,000 Starpoints per calendar year. Your account must also have been open for at least 14 days.
If you buy the annual maximum of 30,000 points, you will pay a price of 2.28 U.S. cents each – this works out to roughly 1.75p (depending on the volatile GBP:USD exchange rate and whether your credit card has zero-commission FX)
If we look at the plain vanilla 20,000 Starpoints = 25,000 airline miles, you would end up paying only 1.4p per mile. This is going to be a bargain for exotic (or hard to accumulate) miles such as ANA or Alaska with great reward charts – and will only get better if you aim for a Marriott Rewards Travel Package requiring the equivalent of 90,000 Starpoints…
Due to the Marriott merger, this might be one of your last opportunities to buy SPG points at such a large discount (Marriott never sell MR points at a discount). Will the discount get even larger, or are you going to jump on 35%?