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Earlier this week, I posted about a giveaway for a United Club One-Time pass and I asked you guys (if you wanted to enter) to answer the question of what your favourite mile/point currency is. I decided to answer this question myself and explain why my favourite point currency are Starpoints from Starwood Preferred Guest.
Starpoints are probably the most flexible point currency because they can be transferred to virtually all major airlines at a favourable ratio. Sure, there are some exceptions (like United), but for the most part the transfers are quick (usually overnight) and for every 20k starpoints transferred, you receive a 5k mile bonus. So if you transfer 20k starpoints to Miles & More, you will end up will 25k Miles & More miles.
SPG has the following airline transfer partners:
Most of the transfer ratios are 1:1 which makes 1 starpoint equal 1 mile. I value starpoints the most out of all of the other miles or points that I have and the main reason is their flexibility. Not only can you transfer them to 20+ airlines, but also book hotel stays at some of the world’s most luxurious hotels that would otherwise cost hundreds of dollars per night.
For me personally, I prefer to transfer them to airlines and then book award tickets, but I’ve also booked hotel stays with the points as well as cash + points stays at SPG hotels. In general, starpoints are very valuable and somewhat hard to earn since you can primarily earn them through hotel stays and the AMEX SPG credit card. They are also the most valuable hotel point currency because they are valued at 1:1 next to miles whereas Hilton (for example) points are 4k points equal 1k miles which isn’t a good deal.
Overall, if you plan on earning points through spending money (on a credit card) and don’t want to have tons of cards, I would recommend getting the SPG AMEX and that way you can transfer your points to most major airlines and don’t have to worry about devaluations.
Editorial Note: Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.