Update: This offer for the Starwood Preferred Guest® Business Credit Card from American Express has expired. Learn more about the current offers here.
In August we saw Marriott and Starwood refresh their portfolio of credit cards, given the merger of the two loyalty programs.
As part of this, American Express introduced an increased welcome bonus on the Starwood Preferred Guest® Business Credit Card from American Express. If you’ve been considering applying for this card, it’s worth noting that the increased welcome bonus is due to expire on October 31, 2018, so you have just a couple of days left to apply for this card under the current offer.
SPG Business Amex welcome bonus & annual fee
The Starwood Business Amex Card is offering a welcome bonus of 100,000 bonus points after spending $5,000 within three months. The card has a $95 annual fee, though it’s waived for the first year.
Personally I value these points at ~0.7-0.9 cents each, making the welcome bonus worth $700-900 (which is excellent).
Note the following terms associated with eligibility for the card (the gist is that you can get this card if you have any other type of SPG Amex Card, but not if you have some types of Marriott Chase Cards):
Welcome offer not available to applicants who have or have had this Card. We may also consider the number of American Express® Cards you have opened and closed as well as other factors in making a decision on your welcome offer eligibility.
Welcome offer not available to applicants who (i) have or have had the Marriott Rewards® Premier Plus Business Credit Card from Chase or Marriott Rewards Business Credit Card from Chase in the last 30 days, (ii) have acquired The Marriott Rewards® Premier Plus Credit Card from Chase or The Marriott Rewards® Premier Credit Card from Chase in the last 90 days, or (iii) received a welcome offer in the last 24 months on The Marriott Rewards® Premier Plus Credit Card from Chase or The Marriott Rewards® Premier Credit Card from Chase.
SPG Business Amex perks
The Starwood Business Amex Card offers the following return on spend:
- 6x points per dollar spent on eligible purchases at Marriott properties
- 4x points at US restaurants, US gas stations, wireless telephone services purchased directly from US service providers, and US purchases for shipping
- 2x points on all other purchases
On top of that, the card comes with some potentially useful perks, including:
- A free night award every year after your card account anniversary, valid at a property retailing for up to 35,000 points
- Silver Elite status for as long as you have your card
- Gold status when you spend $35,000 on the card in a calendar year
- Starting in 2019 you earn 15 elite qualifying nights per year just for having the card (you can receive this benefit for at most one card)
- No foreign transaction fees
Personally I think the card is worth it solely for the anniversary free night certificate, if nothing else. I constantly find myself in situations where hotels eligible for this certificate retail for more than double the card’s $95 annual fee. Given how huge Marriott’s global footprint is, this is a reason for just about anyone to get the card, in my opinion.
Getting approved for an Amex business card
See this post for what you need to know about getting approved for an Amex small business card. Many people think you need a big company to qualify for a business card, but that’s not the case. Even a small sole proprietorship would make you eligible.
Best of all, I find that anecdotally Amex is among the best when it comes to approving people for their small business cards, so if you haven’t yet given it a try, this is a great card with which to start.
If you care about this, it’s also worth noting that applying for Amex business cards doesn’t count towards the 5/24 limit.
The Starwood Business Amex Card has a great welcome bonus, annual fee waived for the first year, and offers perks that make it worth holding onto long term, including an anniversary free night certificate.
This is a card worth considering, including if you’ve never had a business card, as this is a great card with which to start.