Sign Up Bonus: $195+
If you apply for this card right now, you will automatically get 10,000 Starwood points just for applying. This is good for at least 3 night stay at a decent Starwood hotel. If you spend roughly $65 (incl tax) for a Motel 6 that comes out to $65*3=$195. Just for applying for this card you are getting a value far more than $195 for free and you get to use it on a Starwood property instead of a Motel 6 or another similar motel. If you use it for a category 2 hotel which is normally $80/night, you will get 3 free nights or roughly $240 in value!!!
Using the Card: roughly 2.43% Cashback on all purchases
Most cards give you a flat 1% cashback or something similar in rewards points or miles. AMEX Blue & Discover cards that promise 5% are scams since the 5% is applicable on all purchases on top of $2000 which means the first $2000 you spend/month are earning only 1% cashback.
Check out the following Scenario where you spend $1400/month on 2 cards:
CITI Platinum Cash reward: $14/month or 14*12= $168/year
Starwood AMEX points: 16,800 points/year
You can get 3 free nights at a Westin where a typical room is $230/night. So 3 nights free is a $690 value. Spent 1400*12=$16,800 and got a value back of $690 which is roughly 2.43% on ALL purchases.
- Starwood lets you transfer points to airline miles and they even give you a 5000 miles bonus for every 20,000 points you transfer.
- They also let you combine points from cards in the same household for free.
- For every 4 nights at the same hotel redeemed using points, the 5th night is free
- No BlackOUT dates at ALL for redeeming points for a hotel night stay as long as they have any available rooms.
Full List of Benefits