Starwood Preferred Guest Credit Card lowers rewards points




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(Photo by Riccardo Savi / Getty Images for American Express)

It is one of the best credit cards for business travelers.

If you are focused on profit reward points – and you are happy with Starwoods rewards – then this news is important to you.

Due to Marriott's acquisition of Starwood in 2016 and the now completed combination of loyalty programs from Marriott and Starwood, frequent users of credit cards can suffer a detriment of several thousand dollars a year.

Starting this month, credit card holders can expect to earn a third time less points if they use the Starwood Preferred Guest American Express credit card.

In exchange for the change in earnings points, Marriott Starwood Preferred Guest card members offer a free hotel night per year.

Here are some other changes you can expect:

  • Marriott Rewards, The Ritz-Carlton Rewards and Starwood Preferred Guest brands will be used until early 2019 (when a new brand will be chosen)
  • New rank status: Silver Elite status after 10 nights per year, Gold Elite status after 25 nights, Platinum Elite status after 50 nights and Platinum Premier Elite status after 75 nights
  • Marriott, JP Morgan Chase and American Express are planning to offer co-branded credit cards this year
  • No blackout data to earn points for travel rewards
  • The lifelong status now falls under Lifetime Elite status
  • Card members now earn only two Marriott Rewards points (not more than three) for general spending. However, hotel& Nbsp;Expenses to the Starwood Preferred Guest credit card still earn six points.

One of the advantages of the popular Starwood Preferred Guest American Express credit card is the cooperation with airlines and a 25% bonus for transferring 20,000 or more points from Starwood to an airline such as American or Delta.

The good news is that when it comes to hotel stays, you can still earn points based on the number of nights, not on hotel expenses. This means that you can earn travel rewards, regardless of the cost of the hotel room or your extra expenses.

Maximize travel references

Despite the changes to Starwood's loyalty program, you can still maximize your travel reward points, especially when traveling abroad for business or pleasure.

In addition to daily expenses and hotel expenses at participating hotels, you can also benefit from the following strategies, whether you keep your existing credit card or choose a new credit card for travel rewards.

1. Travel to a destination where the US dollar is strong

This means that you choose a location when the US dollar is strong against the local currency. It allows you to save money and maximize your benefits of travel credit cards.

2. Use your travel credit card to book travel and when traveling abroad

In general, the best travel rewards cards offer better exchange rates than changing your money at a bank or exchange office in the country or at the airport. You also earn more travel rewards by spending every day in the country you are traveling to.

3. Use a credit card with travel rewards without foreign transaction costs

Foreign transaction costs are incurred when you make a purchase abroad. This includes booking travel with a foreign airline. With the best travel rewards credit cards, one advantage is no foreign transaction costs, which saves you money.

Marriott Rewards now has 110 million members, 29 brands and more than 6,700 hotels in 130 countries. Starwood includes the brands St Regis, W Hotels, Aloft, Westin and Sheraton.

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(Photo by Riccardo Savi / Getty Images for American Express)

It is one of the best credit cards for business travelers.

If you are focused on profit reward points – and you are happy with Starwoods rewards – then this news is important to you.

Due to Marriott's acquisition of Starwood in 2016 and the now completed combination of loyalty programs from Marriott and Starwood, frequent users of credit cards can suffer a detriment of several thousand dollars a year.

Starting this month, credit card holders can expect to earn a third time less points if they use the Starwood Preferred Guest American Express credit card.

In exchange for the change in earnings points, Marriott Starwood Preferred Guest card members offer a free hotel night per year.

Here are some other changes you can expect:

  • Marriott Rewards, The Ritz-Carlton Rewards and Starwood Preferred Guest brands will be used until early 2019 (when a new brand will be chosen)
  • New rank status: Silver Elite status after 10 nights per year, Gold Elite status after 25 nights, Platinum Elite status after 50 nights and Platinum Premier Elite status after 75 nights
  • Marriott, JP Morgan Chase and American Express are planning to offer co-branded credit cards this year
  • No blackout data to earn points for travel rewards
  • The lifelong status now falls under Lifetime Elite status
  • Card members now earn only two Marriott Rewards points (not more than three) for general spending. However, hotel Expenses to the Starwood Preferred Guest credit card still earn six points.

One of the advantages of the popular Starwood Preferred Guest American Express credit card is the cooperation with airlines and a 25% bonus for transferring 20,000 or more points from Starwood to an airline such as American or Delta.

The good news is that when it comes to hotel stays, you can still earn points based on the number of nights, not on hotel expenses. This means that you can earn travel rewards, regardless of the cost of the hotel room or your extra expenses.

Maximize travel references

Despite the changes to Starwood's loyalty program, you can still maximize your travel reward points, especially when traveling abroad for business or pleasure.

In addition to daily expenses and hotel expenses at participating hotels, you can also benefit from the following strategies, whether you keep your existing credit card or choose a new credit card for travel rewards.

1. Travel to a destination where the US dollar is strong

This means that you choose a location when the US dollar is strong against the local currency. It allows you to save money and maximize your benefits of travel credit cards.

2. Use your travel credit card to book travel and when traveling abroad

Generally, the best travel rewards cards offer better exchange rates than changing your money at a bank or exchange office in the country or at the airport. You also earn more travel rewards by spending every day in the country you are traveling to.

3. Use a credit card with travel rewards without foreign transaction costs

Foreign transaction costs are incurred when you make a purchase abroad. This includes booking travel with a foreign airline. With the best travel rewards credit cards, one advantage is no foreign transaction costs, which saves you money.

Marriott Rewards now has 110 million members, 29 brands and more than 6,700 hotels in 130 countries. Starwood includes the brands St Regis, W Hotels, Aloft, Westin and Sheraton.


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