This comes from a normally very reliable source. American Express are making some significant changes to the SPG card:
- Welcome Offer: $200 in statement credits after $1,000 in spend within 3 months and one charge at a SPG or Marriott hotel within 6 months
- Earning points: 1) for new accounts: through 7/31 earn 2 starpoints for every dollar spent 2) beginning 8/1 (after the changes to Starpoints kick in, in which every one starpoint will be converted to 3 points), you will earn 6 points for every dollar spent at Marriott properties
- Elite status: for new accounts (beginning 8/1), the ability to receive credits for 5 nights and 2 stays that count toward SPG elite status will no longer exist
- Beginning in January 2019, the spend requirement to earn SPG Gold Elite status is raised from $30,000 to $35,000
- Beginning January 2019 the 5 nights 2 stays benefit is discontinued for all cards
In another rumor post somebody asked me to give a percentage chance that I think certain changes will happen, I’d give this a 90%. As I said this comes from a very reliable source, but it’s possible American Express will make last minute changes. I’m unsure if this will be confirmed or touched on during the Marriott/SPG announcement today.