Posted by William Charles on April 20, 2018
Credit Cards

Published on April 20th, 2018 | by William Charles

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American Express WON’T Continue To Issue Personal SPG Cards Long Term [Rich Sign Up Bonus To Come]

Update: Looks like American Express’ will continue to issue the personal SPG card, but when the program merges under a new combined name sometime in 2019 they will lose the right to issue this mass market consumer card (via View From The Wing). This makes a lot more sense given the original media releases.

Update Small additional detail, Danny Deal Guru was told the following:

 Additionally, there will be a very rich sign-up bonus coming in the coming weeks (different than the $200 statement credit you saw today). Have no fear!

According to DansDeals American Express will continue to issue the regular SPG personal card after August 1st, 2018. This surprises me given that when the new contracts were signed with Marriott, American Express & Chase the following was stated (emphasis mine):

Marriott expects to introduce new, co-brand products starting in 2018 with enhanced member benefits – super-premium consumer and small business co-branded products from American Express and mass consumer and premium consumer co-branded products from JPMorgan Chase

I have confirmed that this is the case with American Express with a spokesperson saying:

I can confirm that the SPG Amex Consumer card will continue to welcome new Card Members now through August 2018, and beyond

They also stated that the original press release didn’t mention exclusivity. I guess this means that maybe Chase will continue to issue the Marriott business card as well. This is good news for anybody that missed out on signing up for the SPG personal bonus, but I wish it was clearer early as people might have wanted to wait for a higher bonus of 30,000/35,000 points.



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Parts Unknown
Parts Unknown

Do you think a Starpoint/Marriott point bonus is coming back then? I was 2/90 & couldn’t apply for the personal SPG in time. I don’t understand why they changed to a cashback signup bonus in the first place (can’t think of another cobrand hotel card that doesn’t offer points as a signup bonus, the idea is to entice you to stay at the hotel, no?)

JS
JS

Apparently AmEx does not know to do now. It just put the SPG cad in holding mode now and does not want folks to rush to apply.

dan
dan

2/90? seriously? wow!

Parts Unknown
Parts Unknown

…you can’t be approved for more than 2 Amex credit cards in a 90 day period. Seriously.

Avi
Avi

Cool. Now since the SPG personal has same rewards structure as the Marriott premier plus, can we soon expect a 100k sign-up bonus on the SPG card too?

JS
JS

Good dream, my friend.

Avi
Avi

Aaad the dream comes true =)

JS
JS

I do not think the 30k bonus is coming back.

Josh
Josh

Any idea about referrals?

JS
JS

The ability to refer has been down for at least a couple of months. So something was coming. Here it comes. Now there is no ability to refer. I used my own referral on 4/14/2018, one day before all referrals were pulled.

Sam
Sam

It wouldn’t surprise me if Amex is preparing a portfolio of SPG cardholders to sell off to Chase sometime in 2019 or later (think Amex Costco -> Citi). Setting up parallel rewards structures would minimize disruption to cardholders.

PointsYak

I’m of the same mind-set. It’s starting to look like Amex and Chase might swap SPG Personal and Marriott Biz cardholders.

Blue
Blue

I think that’s a good guess.

Yao
Yao

Cool, in that case, Amex should be very willing to give out retention offers. Retention offer + free anniversary hotel can definitely offset the annual fee.

Chicagoan33
Chicagoan33

Hi what would be a good enough retention offer to offset the annual fee? Thanks!

JS
JS

I do not think either Chase or AmEx will move cardholders. Very remote. No card members want to move either.

Costco was totally different. AmEx lost its right and it can’t keep any Costco card holders. AmEx did not move them to Citi, but Citi picked them up.

Hilton to AmEx is also different. City Hilton base was very small and it was not a good portfolio for Citi. I guess Citi was happy to get some $$$ from AmEx to unload the Hilton card holders.

But both SPG and Marriott are ancient programs and they will just destroy them if the banks want to move. There are also a lot of overlap. I do not see that happen at all.

Vic
Vic

Thanks for posting.
I’ve always more inclined to believe this is the case, good to know that it’ll still be available.

Vic
Vic

Ok now it’s changed again…

I think I get it, but still very confusing..

Nick
Nick

On a somewhat unrelated note I applied for the Marriott business yesterday in case it went away – Chase checked my Equifax & Experian reports? (Nothing is frozen,etc) is that common? I have the 30 day message for now.

Hadley V. Baxendale
Hadley V. Baxendale

If indeed accurate, I think that we are going to see Chase issued Marriott labelled cards and AMEX issue SPG labelled cards, wherein each offer the points that have the same value as a currency. Of course, the “new” SPG business will offer some additional bonus points in some categories, but the same number of points are offered for hotel spend, and the points themselves are of the same value.

When we initially heard of this split, I was under the belief that AMEX would issue a Marriott card — but from the URL pages that have been launched for the new partnership, and specifically the credit card products to be offered, it is clear that AMEX will continue to offer SPG designed cards — witness the new SPG and not Marriott Luxury Card, etc. Moreover, the statements that the Ritz Carlton card will morph to be more like that soon to be issued card.

So, the points currency will remain the same for each of the AMEX and Chase cards, but the issuer will retain their original named card portfolio. Actually, I guess this goes hand in hand with Marriott’s view to retain all 30 plus brands and I assume the SPG name, as well.

John
John

Not surprised if Amex matches the new Marriott Premier Plus’s sign-up bonus of 100K (33K SPG points) Marriott points after $5000 spend starting on August 1st. The Amex website says the $200 statement credit signup bonus offer ends July 31st, 2018.

MarcoPolo
MarcoPolo

This is good to know since I missed out.

Thomas
Thomas

What’s the latest scoop on Secured loan techniques? Alliant is out. Thinking of trying their unsecured loan, but the interest is quite high for my rate.

Ric
Ric

They need to allow time to sell the upgrade offer to the new SPG Luxury card. I fully expect midlevel SPG cardholders will get converted to the Chase card eventually.

Abey

DP:
My SPG business card $95 annual fee hit.
Called up all excited for a big retention bonus. But nothing, no AF reduction, no spending bonus, nada. Anyway so I asked him about the new free night im supposed to get. He put me on hold, after 5min, he says only paid annual fees after August 1st gets a free night up to 35K, so i will have to wait till next years AF.
(Basically for the free night I have to pay $190 and wait till next year, lol, might be better off closing tonight and opening tomorrow and pay $95 next year if I really wanna get a free night).

Ed
Ed

HUCA

CongestionCharge
CongestionCharge

😐 wow that’s an unfortunate but helpful DP

me
me

I personally would not risk a 5/24 slot for $100.

Jessica
Jessica

Amex business cards don’t count towards 5/24.

JS
JS

Just wonder why AmEx would be willing to give you a generous bonus offer?? We all get spoiled so much. 🙂

J
J

I suppose the name of the card will change once Marriott figures out the name. In that case, will the card be considered a new product to bypass the lifetime restriction?

Joe-SC1
Joe-SC1

Looking for opinions –

So I applied for 25k bonus on 4/18. I fully expected to be declined because, with the Citi-to-AMEX Hilton no AF cards, I now have 7 AMEX cards – not including myself as 2 employee cards on my SPG Biz. My plan was to call up reconsideration and offer to close the two former Citi Hilton cards.

But with the news that there is a “rich” signup bonus on the horizon, should I just let this application remain declined? Or is it really true that a bird in the hand is worth two in the bush?

One consideration is that I have planned out my 5/24 to be clear by late next year to get SW CP for following two years. I should have no more than two slots to give between now and then. SPG Personal would be one.

Thank you in advance for any suggestions.

Cheers.

Brian C
Brian C

William Charles , would be awesome if you did a cross-post on “Safe Chase Cards”. Specifically Business cards that definitely don’t report to Chase/Personal credit and there sign-up offers/links?

…As i write this i realize you may have something like this similarly set up. Probably somewhere you are already collecting DPs on this?

Josh
Josh

Amex bus cards are best 🙂 (100% NOT CITI)

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