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SPG signup bonuses back up

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K-in-Boston
Credit Mentor

Re: SPG signup bonuses back up


@Anonymous wrote:

@K-in-Boston wrote:

@kilroy8 wrote:

So, 75K SPG points = what real value?


75,000 "points" (until renamed later), not Starpoints - big difference.  Smiley Wink

According to TPG valuation, that would be $675 (Marriott point = $0.009).  According to my own personal experience from cashing in Marriott points over the past 17 months, more like $1875 (Marriott point = $0.025).


And what do you use your Marriott points for again, K-in-Boston? I'm sure I don't have millions of points like you do, but once my Starpoints turn into 'points' and I'm 'legit approved' for the Marriott Biz, I'll have a little over 170k.


My last four redemptions:

  • 5 nights including the 150th Canada Day at Delta Hotels Toronto.
  • 3 nights over New Years at New York Marriott Marquis in Times Square.
  • 6 nights in April at the Paris Marriott Champs Elysees Hotel.
  • Flights + Hotel package for upcoming 7 nights in a suite at the London Marriott Hotel Kensington + 120k Virgin Atlantic miles used toward Premium round-trip BOS-LHR.

A lot of those nights involved $1000+/night rooms.  Although I have averaged about 7.5 cents per Starpoint, I know that my particular reedemptions and their timing had everything to do with that and I still won't make a blanket statement that Marriott points are worth 2.5 cents, but they certainly can be.

Message 21 of 47
Anonymous
Not applicable

Re: SPG signup bonuses back up


@K-in-Boston wrote:

@Anonymous wrote:

@K-in-Boston wrote:

@kilroy8 wrote:

So, 75K SPG points = what real value?


75,000 "points" (until renamed later), not Starpoints - big difference.  Smiley Wink

According to TPG valuation, that would be $675 (Marriott point = $0.009).  According to my own personal experience from cashing in Marriott points over the past 17 months, more like $1875 (Marriott point = $0.025).


And what do you use your Marriott points for again, K-in-Boston? I'm sure I don't have millions of points like you do, but once my Starpoints turn into 'points' and I'm 'legit approved' for the Marriott Biz, I'll have a little over 170k.


My last four redemptions:

  • 5 nights including the 150th Canada Day at Delta Hotels Toronto.
  • 3 nights over New Years at New York Marriott Marquis in Times Square.
  • 6 nights in April at the Paris Marriott Champs Elysees Hotel.
  • Flights + Hotel package for upcoming 7 nights in a suite at the London Marriott Hotel Kensington + 120k Virgin Atlantic miles used toward Premium round-trip BOS-LHR.

A lot of those nights involved $1000+/night rooms.  Although I have averaged about 7.5 cents per Starpoint, I know that my particular reedemptions and their timing had everything to do with that and I still won't make a blanket statement that Marriott points are worth 2.5 cents, but they certainly can be.


Geez... those sound like some very nice redemptions! I need to get on your level! Smiley Very Happy

Message 22 of 47
K-in-Boston
Credit Mentor

Re: SPG signup bonuses back up

Thanks! This is where @simplynoir needs to step in and detail his upcoming Japanese trip where I'm pretty sure he managed to get 100% back from his 2017 and 2018 spending in travel, or $1.00 per Starpoint.  Smiley Surprised

Message 23 of 47
CreditCuriosity
Moderator Emeritus

Re: SPG signup bonuses back up


@K-in-Boston wrote:

Thanks! This is where @simplynoir needs to step in and detail his upcoming Japanese trip where I'm pretty sure he managed to get 100% back from his 2017 and 2018 spending in travel, or $1.00 per Starpoint.  Smiley Surprised


**bleep** really?  Didnt see that thread lol

08 Scores - TU: 839 - EXP:839 - EQ:838
Message 24 of 47
K-in-Boston
Credit Mentor

Re: SPG signup bonuses back up

I may have exaggerated "a little."  Smiley Wink

Message 25 of 47
Anonymous
Not applicable

Re: SPG signup bonuses back up

I am staying 6 nights at Ritz Carlton in Aruba in March. For the cheapest room during those dates is 1100 a night. So $6600 cost. I am paying 300k Marriott points. So 2.2 cents per point.
Message 26 of 47
Anonymous
Not applicable

Re: SPG signup bonuses back up


@K-in-Boston wrote:

@Anonymous wrote:

Im waiting for this SUB. Can I put my Marriott member number on application instead my SPG number? 


Not before the programs are completely combined; you'll need to enter your SPG number, or a new SPG number will be assigned to you, which will likely be changed very quickly to a new Marriott number.


@Anonymous @K-in-Boston. I'll wait until they merged the accounts then by Aug 18.

Message 27 of 47
simplynoir
Community Leader
Mega Contributor

Re: SPG signup bonuses back up


@K-in-Boston wrote:

Thanks! This is where @simplynoir needs to step in and detail his upcoming Japanese trip where I'm pretty sure he managed to get 100% back from his 2017 and 2018 spending in travel, or $1.00 per Starpoint.  Smiley Surprised


First off K-i-B just wanted to say I'm staying at the Delta Hotels in Toronto for this business trip and IMHO it's probably the nicest "non-elite" hotel I've ever stayed at. Definitely marking this as a city/hotel to come back to when I get the chance.

 

As for the trip next year I'll eventually make an actual post on what it all cost points and cash wise in the garden thread (K-i-B has a good idea with the PMs we exchanged about it) but definitely made it worth every penny I spent getting it. I don't think I'll get better value than what I got especially once all these Marriott changes come into effect devaluing a lot of things in comparison.

Message 28 of 47
Anonymous
Not applicable

Re: SPG signup bonuses back up


@CreditCuriosity wrote:

@K-in-Boston wrote:

Thanks! This is where @simplynoir needs to step in and detail his upcoming Japanese trip where I'm pretty sure he managed to get 100% back from his 2017 and 2018 spending in travel, or $1.00 per Starpoint.  Smiley Surprised


**bleep** really?  Didnt see that thread lol


He mainly posted it in the garden. 

Message 29 of 47
Anonymous
Not applicable

Re: SPG signup bonuses back up


@Anonymous wrote:
I am staying 6 nights at Ritz Carlton in Aruba in March. For the cheapest room during those dates is 1100 a night. So $6600 cost. I am paying 300k Marriott points. So 2.2 cents per point.

Were your Marriott points converted from Starpoints? If yes, your redemption is 6.6 cpp. 

Message 30 of 47
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