Small update: Rumored spend requirement is $5,000 for the Luxury and $3,000 for the other two cards.
American Express will be launching the SPG luxury card soon (not sure if it’s still launching on August 1st, or if that will be the 18th now. Update: According to VFTW it will be a few days after the 18th. I’m guessing it will be post 26th when new rules go into place). We’ve speculated on what the bonus on that card will be but we’ve now received word from a reliable source that it will be 125,000 points when launched and that will be a limited time offer. The sign up bonus on the lesser SPG cards will be 75,000 points.
It’s also worth remembering that it’s rumored American Express will be adding new restrictive anti churning language to this luxury card as well. I’m 90% confident that these rumors are accurate (I just like to get these percentages so readers have some idea how reliable each rumor is).
75k spg card offer is live. (incognito window if not see)
https://www.americanexpress.com/us/credit-cards/card-application/apply/starwood-preferred-credit-card/25330-10-0#/
Effective 8/26, welcome offer not available to applicants who have or have had The Marriott Rewards® Premier Credit Card from Chase, The Marriott Rewards® Premier Plus Credit Card from Chase, Marriott Rewards Credit Card from Chase, or The Ritz-Carlton Rewards® Credit Card from JP Morgan in the last 30 days.
>>> We can actually apply for it now before 8/26 if we already have marriot/ritz-carlton cards.
Thanks, business is 100k
Would it make sense to apply for SPG business card right now? It currently have no fee first year and $100 credit after 1k spend.
I had an Amex CSR tell me that 9 Aug was the release date for the SPG Luxury Card. Wonder if they knew what they were talking about.
What the actual fuck?
https://www.spgpromos.com/amexcomingsoon/terms/luxury
Not sure if this is news.
William Charles
So is there any chance SPG business will reintroduce bonus before the new rules take effect? Have Marriott Biz and SPG personal.
I am a bit confused. Is this nothing like the old SPG card that gave you 5K extra starpoints when you transferred 20K points to airlines? Will they still have airline transfer partners?
It is exactly like the SPG Airline Transfer, after you take into account that 1 SPG Point = 3 Rewards Points (for purposes of discussion I will use SPG and MaR for the legacy programs and Rewards for the new program.) So you can get 1000 Airline points for 3000 Rewards Points. Every 60,000 Rewards points gets a 5000 Airline Points bonus, so 25K Airline Points instead of 20K.
This card is looking more meh everyday. I think it’s a hard pass for me. Hopefully the launch will tank and they will have to up the offer.
Will it be metal tho
I have the SPG biz card, but no Marriott cards. I guess I could get either Marriot Premier Plus Card now (75k $95) or wait and get the Luxury card (125k $450) later. My plan is to get Chase Sapphire (either) again after 10/19/18, so thats about 90 days from getting the Chase Marriott card anyways.