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SPG Amex downgrade question
I have had the SPG Amex since 2009 and my wife has had the business version the past few years. We are putting most of our SPG Amex spend on hers and we don’t stay in hotels enough to earn status. So, with my annual fee coming up next month, wondering if there is a no-fee version I can downgrade mine to, so I can at least keep my account history. Last year I was able to get some SPG points to partially offset the annual fee, but the year prior I didn’t, and at that time the agent said they don’t do that every year (I had had additional points the prior year to offset the fee).
Anyways, just wanted to check to see if there’s a no-fee card to downgrade to prior to closing the account. Thanks!
Nope, unfortunately there aren’t any no-annual fee SPG cards, that I’m aware of.
You could call in and see what type of retention offer you may get offered this year, but obviously no guarantee there.
I’m sure you know, but be sure to transfer your points out if you do end up deciding to close your account.
Thanks Rickyw! That’s what I was afraid of, but will try to see if they do anything to offset the fee. Otherwise I’ll close the account (after transferring my Starpoints!). Thanks!
You could try converting the card to another no-fee amex product to save your credit history but I wouldn’t do that unless you’ve already received the sign bonus for that product since you can only get the bonus if you have not had that product before.
With regards to starpoints those should automatically credit to your SPG account when your statement closes so you shouldn’t need to worry about transferring anything.
[USER=983]@James22[/USER] Closing the Amex SPG card or switching to another card with no annual fee wont affect or close your SPG account where the points are. You can keep the points there but be aware of the Starpoints expiration policy: [URL]http://starwoodworldwide.custhelp.com/app/answers/detail/a_id/234/~/do-starpoints-expire%3F[/URL]
Thanks Gaurav and David for the additional info! Forgot their policy was 12 months of no activity, which I’m good on right now. Will need to transfer a few to my wife’s account then in a few months to make sure they don’t disappear! 🙂