Posted by William Charles on August 25, 2018
Credit Cards

Published on August 25th, 2018 | by William Charles

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AmEx SPG Luxury Card Upgrade Offers: Worth A Second Look

Update: Multiple readers are reporting being told that you don’t receive the $300 credit in that first prorated year. The fine print doesn’t say this at all, so I think you should be able to get it and use it but YMMV.

A few days ago we let readers know that American Express is offering upgrade bonuses of zero to 100,000 points on the new SPG Luxury. Most people were unenthused about the offers, but there is something that I missed. The terms state that:

Annual Membership Fee: Approximately 45 days after your account is upgraded, you will be charged a prorated Annual Membership Fee for your new Card based on the time remaining until your next account anniversary date. You will also receive a prorated refund for any annual fee paid on your previous Card.

This means you keep the same account anniversary date and pay a prorated annual fee (plus get a refund on the annual fee you’ve already paid on the regular SPG card). The reason this is important is that one of the key benefits to the Luxury card is that it comes with a $300 credit for eligible purchases at SPG & Marriott properties (including the room rate). This is based on a card member year, rather than a calendar year.

Let’s say your card anniversary is in two months time, you’ll pay a prorated annual fee of $75  and receive a refund of $15.83. You then have until your card anniversary to spend $300 at eligible properties. You will then be charged another $450 annual fee and your $300 statement credits will reset. In the above scenario you’d be receiving $600 in statement credits, plus the upgrade offer, plus the card benefits, plus you get a free night valid at properties costing up to 50,000 points per night (I assume you’d get this when paying the full annual fee the second time) and you’d be paying $525 in annual fees.

Obviously you’d need to be able to use the credits before your annual fee hits, I think purchasing gift cards will probably work if you do it at the front desk of a SPG/Marriott property. I thought maybe the upgrade offers were based on when your card anniversary is, but despite the limited datapoints that doesn’t seem to be the case:

Looks like if you’ve spent a lot on the existing SPG personal card that spend count towards the $75,000 needed in a calendar year for platinum elite as well. One other important thing to note is that the upgrade offers are valid until 10/31/2018, so it might make sense to wait to upgrade to better time the prorated annual fee refund.



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RMKE
RMKE

Do we know if the $300 credit is allowed in prorated year? I saw someone mention that the $300 was only for a year in which you paid $300.

Jack
Jack

How come i saw several DPs of CSR telling people that they don’t get $300 credit until card anniversary. So if your anniversary just hit u gona pay close to $450 without $300 which sucks so bad. Anyone have any real DPs on how this should work?

Megan
Megan

I’m interested in this as well. I was told no $300 credit until anniversary date as well.

WWS
WWS

This is what I’m wondering too.
I got the 50k upgrade offer. 2017 April. Spent over 30k last year.

Michael
Michael

Yes this. I had a CSR tell me this too. I got the 100k/$5k offer and if I knew I would get a $300 credit *this* year I’d have already mashed that button.

Can we confirm this one way or another?

Sharon
Sharon

I need to upgrade today due to just getting Ritz. Have $100k offer but anniversary is 8/30. Wouldn’t even have the new card by then. What do you suggest??

Alan
Alan

You can get the card and immediately use it by going thru AMEX without having the card. I just call the number I got the offer and then they sent me to the right person.

Brett
Brett

My card anniversary is 9/1 and I’m a bit confused on what I should do as well. Can someone advise?

BAba
BAba

My anniversary is next week and have the 100k upgrade available. Same dilemma whether I will get the additional $300 credit or not.

Alyssa
Alyssa

I can add to upgrade offer datapoints.
Card with July anniversary 15kpts/$1k spend
Card with September anniversary 15kpts/$1k spend
Card with October anniversary 15kpts/$1k spend
Card with January anniversary 100kpts/$5k spend

Jay
Jay

Hey Doc,
Any DPs of the upgrade (with or without a bonus) being available to those holding the regular SPG card less than a year?

It’s not available to me (I got my SPG this spring) and I was wondering if the CARD Act was the reason why.

BarryEgan’sPudding
BarryEgan’sPudding

I received the 100k offer for a regular SPG card opened in March ‘18

ender
ender

sounds awesome, now that I just need to do the 0 points upgrade offer……lol

Derek
Derek

Is one eligible if they take the Marriott Premier upgrade offer?

Tworth
Tworth

No upgrade offer for me when I called to inquire. I opened the SPG Personal card in April.

cee erm
cee erm

Same here – Nov 2017. Agent said the card needs to be a year old for the upgrade to Luxury and that when that happens i’ll likely see email offers immediately.

Ramzi
Ramzi

DP November 15,000

WWS
WWS

Can I apply for the Lux card while upgrading?

I’m planning to get the Chase Marriott Premier Plus too.

sbuy210
sbuy210

October 100k offer

Drivesabrowntruck
Drivesabrowntruck

Two offers, wife 100k, me 50k. Both opened in March ‘17, both have 50kish spend YTD each.

moumou
moumou

10K offer, Dec.
However, I ask the question using AMEX online chat and I got the following:

$300 Statement Credit , Each Card renewal year, get up to $300 in statement credits for eligible purchases on the Card at participating SPG or Marriott Rewards hotels. •Room rates, Marriott Vacation Club, and timeshare charges can be applied to the credit. You will get the credit after renewal year, it means , you will get the credit once the second annual fee charged on the card.

Because the “renew” term, the CSR told me I will only get the first $300 credit after I renew it. Which means, I will get nothing if I upgrade it today, and $300 credit after paying $450 annual fee twice next Aug. I guess he must be wrong but I wonder if anyone got the same response from CSR like me.

USB
USB

Do all the restrictions that start on 8/26 apply to upgrades as well or those are just for new sign up bonuses?

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