Update: Full details here.
Updated post July 26, 2018: Chase has added the following language on the Premier Plus credit card:
Effective 08/26/2018:
Eligibility for the new cardmember bonus: The bonus is not available to you if you:
- are a current cardmember, or were a previous cardmember within the last 30 days, of the Starwood Preferred Guest® credit card;
- are a current or previous cardmember of either the Starwood Preferred Guest® Business or the Starwood Preferred Guest® Luxury credit card, and received a new cardmember bonus or upgrade bonus in the last 24 months; or
- applied and were approved for the Starwood Preferred Guest credit card, Starwood Preferred Guest Business credit card, or Starwood Preferred Guest Luxury credit card within the last 90 days.
Hat tip to US Credit Card Guide
Original post on June 26th, 2018: American Express will launch the SPG Luxury card on August 1st, we don’t know what the sign up bonus will be (although we have made some educated guesses). Unfortunately it looks like most readers will be ineligible as American Express plans to exclude anybody who has received a sign up or upgrade bonus on any Ritz-Carlton/Marriott credit card in the past 24 months (including Marriott business). You will also be excluded if you currently hold or have recently held the Ritz-Carlton card. Interestingly they won’t look at whether you’ve had an SPG personal/business card. American Express already limits you to receiving the sign up bonus on each card once per lifetime and they recently added a new restriction where they can deny you the sign up bonus even if you’ve never received the bonus on that card before (although they do at least warn you before you apply) based on the cards you’ve opened/closed. What’s really interesting about this is that American Express plans to deny people the sign up bonus based on cards you have with another issuer and they are also using language that mentions 24 months, something that American Express doesn’t usually do but Chase does. This leads me to believe that Chase will introduce a similar rule on Marriott cards as well and this could actually be lead by Marriott (or something both card issuers pushed for in the new contract). At this stage this is just a rumor, but I’m 90% confident this will happen (that is on American Express’ end, no idea what Chase will do). The other possibility is that Marriott just passes American Express this information instead (Marriott shows points activity for 24 months as well). I imagine Chase would have to at least consent to this, but it also opens the possibility of Chase not being involved at all. It’s really annoying that it includes upgrade bonuses, as lots of people will have recently done upgrade offers to the Marriott Premier Plus card.
