The Starwood Preferred Guest® Credit Card from American Express® is designed for those with good credit who frequently stay at Starwood Hotels and Resorts and plan to take advantage of the various benefits and services that are provided.
In reference to the reward program, one point is earned for every dollar spent on the card and three points are earned for Starwood-related purchases. Points can be redeemed for various travel services, such as free hotel stays and airline travel. Cardholders receive 1,000 points for their first eligible stay and 500 points for each additional stay (up to a maximum of ten) at a Starwood Hotel or Resort within the first year of membership. Cardholders also earn 4,000 bonus points after their first purchase. Points do not expire as long as the account is active within a one-year period.
Perhaps what is most impressive about the program is the fact that cardholders can transfer earned points to a variety of frequent flyer programs. In addition, when a cardholder transfers 20,000 Starpoints into miles, they are awarded 5,000 bonus miles.
Aside from the reward program, the card does offer a variety of benefits such as travel accident insurance, auto rental insurance, discounts via the Offer Zone, and various fraud protection services (see website for all benefits available).
The interest rate for purchases is considered above average (for a reward card), and there is an annual fee of $30 that is waived the first year. There is also a low introductory rate for purchases and balance transfers for the first six months.
Therefore, those who can afford to pay in full each month after the introductory rate expires (to avoid finance charges), frequently stay at Starwood Hotels and Resorts (to earn additional points), and can accumulate enough points for a free hotel stay or other travel related service within a two-year period will benefit most from what the Starwood Preferred Guest® Credit Card from American Express® has to offer.
Updated: July 5, 2006
Most Attractive Feature(s) : Additional points offered to those who stay at Starwood Hotels and Resorts; bonus points; annual fee is waived for first year.
Least Attractive Feature(s) : Points expire if the account is not active within a one-year period.
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