American Express is offering some existing cardholders of the personal SPG card a targeted bonus when meeting certain spend requirements. I received an offer on my card, but it seems like there might be different targeted offers.
- Earn 10,000 bonus points when spending $4,000 and an additional 5,000 bonus points when spending an additional $2,000.
- Registration required by October 31, 2018.
- Spending must be completed by November 30, 2018.
I almost missed that my account had been targeted for this spending offer. I usually log in to American Express using the old login interface as I prefer its layout and how easy it is to switch between accounts.
The problem is that some offers don’t seem to be displayed in that old interface and this is one of them. When logging in at americanexpress.com, my SPG card showed the following offer:
Clicking on ‘Register Now’ didn’t provide any additional details about the offer, although it did allow me to enroll my card.
Still none the wiser about the offer itself, the confirmation email from American Express finally advised what I needed to do to earn the 15,000 bonus Marriott Rewards points. The offer came with two spending tiers – earn 10,000 bonus points when spending $4,000 and an additional 5,000 bonus points when spending an additional $2,000.
Seeing as the SPG card earns 2 points per dollar on all spend (other than at Marriott & SPG properties where it earns 6 points per dollar), that makes the offer worth at least 4.5 points per dollar on both $4,000 and $6,000 of spend.
Doctor of Credit wrote about some similar offers last month and noted that these offers are usually targeted at cardholders when their annual fee is due. Sure enough, mine came due the other day.
I’d already decided to renew thanks to the card now offering a free night certificate at renewal. I gave American Express a call this afternoon though to see if there was any kind of retention offer available. The offer they gave was 20,000 bonus points when spending $2,000 in the next three months.
These two offers should stack which means that I’ll earn the following if meeting the spend requirements by November 30:
- Spend $4,000 and earn 38,000 bonus points, or
- Spend $6,000 and earn 47,000 bonus points.
That represents a return of 9.5 points per dollar and 7.83 points per dollar respectively. Although not as good as the return from applying for some kind of new credit card, it’s still a decent return and I plan on at least taking advantage of the $4,000 threshold.