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In general, you should use airline miles for flights only and hotel points for hotel stays only. There are a few exceptions.
For instance, Starpoints in your Starwood Preferred Guest account are great for hotels, but they also transfer at a favorable rate to 30 major airlines. Read my Starpoints Primer here.
Starpoints also occasionally offer incredible value through Moments by SPG. SPG Moments offer one-of-a-kind musical, sporting, or cultural experiences to Starwood Preferred Guest members.
Some of the packages are available for immediate redemption, and some are in an auction format. I was browsing the options the other day, and I ran across an “Exclusive Capital Cities Concert at Sheraton Buenos Aires.”
For only 5,000 Starpoints, you can instantly get two tickets to see these guys perform in my favorite city, and two tickets to a pre-concert cocktail reception.
At my valuation of 2.5 cents per point, that’s $125 worth of points for an awesome evening for two.
Even better, there are five auction packages that include the concert tickets, the reception tickets, and a meet-and-greet with the band.
Only two of them even have a bid.
That’s probably because this is a band with only one hit playing a concert thousands of miles away from most SPG members eight months from now. But for me it means I can probably spend 5k points or just a little more for an option to have an incredible night in December if I’m in Buenos Aires.
There are a number of other live auctions to meet other musicians or sports stars all over the world.
Again, this isn’t necessarily the best use of Starpoints. Nor will it appeal to everyone. But it is a nice option to have, and one to be aware of in addition to the bread-and-butter Starpoint redemptions:
- Starwood Preferred Guest Primer (Everything You Need to Know about the Cards and SPG Program in One Place)
- How to Get 10 Nights in Hawaii and First Class Flights for Free (Nights & Flights Awards)
- A Chance to “Buy” Starpoints for 1.1 Cents: Starwood Cash & Points Awards (Cash & Points Awards)
- 50k AA Card Offer Plus Expiring SPG Cards’ Offer Means Round-the-World Business Class Award (Using the SPG cards for American Airlines Explorer Awards)
Both the personal and business versions of the Starwood credit card offer 25,000 bonus points after spending $5,000 on the card in the first six months. Getting both and meeting both spending requirements would give you 60k Starpoints (which can transfer to 75k American, Delta, or US Airways miles.)
Just getting started in the world of points and miles? The Chase Sapphire Preferred is the best card for you to start with.
With a bonus of 60,000 points after $4,000 spend in the first 3 months, 5x points on travel booked through the Chase Travel℠ and 3x points on restaurants, streaming services, and online groceries (excluding Target, Walmart, and wholesale clubs), this card truly cannot be beat for getting started!
Editorial Disclaimer: The editorial content is not provided or commissioned by the credit card issuers. Opinions expressed here are the author’s alone, not those of the credit card issuers, and have not been reviewed, approved or otherwise endorsed by the credit card issuers.
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I had never considered it before, but I would seriously consider the F1 Grand Prix tickets! Thanks for bringing this up!
[…] Starwood has some auctions for unique experience where you bid in Starpoints. I picked up a meet-and-greet for two, plus a reception, plus two concert tickets to a Capital Cities… […]
[…] Back in April, I won two tickets to a Capital Cities concert in Buenos Aires that came with a chance to meet the band and a cocktail reception for only 6,000 SPG Starpoints through an SPG Moments auction. […]
[…] While you should normally save your Starpoints for transferring to an airline partner, SPG occasionally offers incredible value through Moments by SPG. In December of 2014, I won two tickets to a Capital Cities concert in Buenos Aires that came with a chance to meet the band and a cocktail reception for only 6,000 SPG Starpoints through an SPG Moments auction. […]