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I got an email alert from Amex that there were important messages on my Platinum statement and just opened the PDF. I'll summarize:
@K-in-Boston wrote:
- Starpoints change confirmed that it will be 1:1 after August 1st to the new Starriott-Carlton program: On August 1, 2018, Starpoint balances in loyalty member accounts will convert to points at a 1:3 ratio (one Starpoint will convert to three points). For example, 1,000 Starpoints will become 3,000 points. In general, the number of points needed to redeem in the loyalty program will have corresponding changes. To align with this, we are making changes to the Membership Rewards Program Terms & Conditions that impact Card Members who are enrolled in the Membership Rewards program and are eligible for a Membership Rewards point transfer. Membership Rewards points can now be transferred at a 1:1 ratio into the Starwood Preferred Guest® program and can be transferred in increments of 1,000 points.
Does this mean what I think it means? Or am I just misreading it???
It means on or after August 1st, you can transfer Membership Rewards 1:1 to the new Starriott-Carlton points. Trust me, I flew straight to the transfer page to see if it was 1:1 already! (It's still 1000:333 until then.)
@K-in-Boston wrote:It means on or after August 1st, you can transfer Membership Rewards 1:1 to the new Starriott-Carlton points. Trust me, I flew straight to the transfer page to see if it was 1:1 already! (It's still 1000:333 until then.)
Shame.
@wasCB14 wrote:
So really the main news here is about warranties and purchase protection?
That depends on who's reading it. For a lot of us the big news is the confirmation that MRs will transfer to Starriott-Carlton 1:1. For those who wear foil hats, there's the more flexible use of your contact information and credit reports. And for those of us that are nostalgic, there's the change to the American Express Classic Gold Card. Hmmmph! I carried that "classic" as my daily driver for 14 years.
@K-in-Boston wrote:It means on or after August 1st, you can transfer Membership Rewards 1:1 to the new Starriott-Carlton points. Trust me, I flew straight to the transfer page to see if it was 1:1 already! (It's still 1000:333 until then.)
@K-in-BostonYou know you're my go-to for all things Marriott. Correct me if I'm misunderstanding...but isn't this already the current situation (or very close). 1000MR = 333 Starpoints - transfer to Marriott 1:3 = 999 Marriott Reward points and the upcoming change will be 1:1 meaning 1000MR = 1000 Marriott Reward points thus gaining 1pt more than the current transfer situation?
Yes, but it's about quantity. Before, if you moved over 100,000,000 MRs you'd only get 33,300,000 Starpoints which would convert to 99,900,000 Marriott Points. Now you'd get the extra 100,000 points which is enough for 20 nights at Category 1 with a Points Saver award!*
* Seriously, though, it hadn't yet been announced for sure that MRs would transfer directly 1:1 so it was a bit of a relief to see it in print.
@K-in-BostonYou know I don't think that deep...LOL! But yes...I get it and that is a heck of a gain. Now only if I had a magic wand or if Amex would offer me a one time multiplier of my current MR situation. Hahaha...one can wish right?
@K-in-Boston wrote:Yes, but it's about quantity. Before, if you moved over 100,000,000 MRs you'd only get 33,300,000 Starpoints which would convert to 99,900,000 Marriott Points. Now you'd get the extra 100,000 points which is enough for 20 nights at Category 1 with a Points Saver award!*
* Seriously, though, it hadn't yet been announced for sure that MRs would transfer directly 1:1 so it was a bit of a relief to see it in print.
If I ever get 100,000,000 MR points, I am going to retire (off MR points)