A question from a reader, posted with permission:
First, the good news. The reader can still get the bonus if he/she reapplies for this very same card. Now, on to the bad news. Here is the screenshot of “T and C” of this particular offer:
So, it doesn’t really matter whether you have received the bonus or not. What matters is whether the card has been closed for more than 12 months. In fact, I probably would wait 13 months just to be on the safe side. I could be wrong on this one and perhaps, the fact that she didn’t actually receive the bonus could work in her favor. If you have any data on this, please, share! But the terms state very clearly that the card itself needs to be closed for more than 12 months.
Fort those unfamiliar with Amex SPG credit card and SPG program in general, you may want to read this post These points are the most valuable in the hobby and also the hardest to accumulate. So, even though 25,000 points doesn’t sound like much, you can stretch that amount to get tremendous value via hotel or airline award redemptions.
The key difference between personal and business versions is that you can only get the former once per lifetime. As you can see in the highlighted terms, the rules are not the same for a business card. Of course, it also comes with a different set of minimum spending requirements:
- Earn 25,000 bonus Starpoints® after you use your Card to make $5,000 in purchases within the first 3 months.
- New: No Foreign Transaction Fees on international purchases.
- New: Receive free in-room, premium internet access. Booking requirements apply.
- New: Enjoy complimentary, unlimited Boingo Wi-Fi at more than 1,000,000 Boingo hotspots worldwide. Enrollment required.
- Earn free nights at over 1,200 hotels and resorts in nearly 100 countries with no blackout dates. Some hotels may have mandatory service and resort charges.
- $0 introductory annual fee for the first year, then $95.
- Reader Erik reminded me that this card comes with complimentary Sheraton Club access.
Limited time offer! Get it now!
This offer does pay me referral if you apply though my site. As I’ve mentioned before, at some point, SPG cards will probably be discontinued due to Marriott takeover of that hotel chain. That said, I doubt it will happen soon. But my point is, it could make sense to get this offer now because that way, you can close the card after receiving the bonus and start the clock on 12 months’ waiting period.
Hopefully, it will still be around next year so you can help yourself to another 25,000 SPG points. As always, I recommend you apply for business cards if you actually have a business or plan to start one. Also, $5,000 spending requirement in the first 3 months is quite high, so make sure you can handle it. I’ve put together a post with some ideas on how to do it.
Keeping track of your offers
I recommend you get a free Cardwatchdog account (not an affiliate link). I’ve mentioned it a few times before because I really like it. It’s easy to use, you don’t have to create a special spreadsheet and best of all, it’s free! You can record the details of each particular offer, including minimum spending requirements. Here is an example of my Amex Blue Cash card:
Don’t beat yourself up
If for whatever reason you miss out on a credit card bonus, remember: you win some, you lose some in this hobby. It’s NOT the end of the world. This sort of stuff occasionally happens to the best of us.
Overall, if you’ve managed to collect even 50,000 miles per year due to a new credit card sign-up, you are already ahead of most of US population. Try to focus on the big picture and think back on all the deeply-discounted travel you’ve got to enjoy with your family so far. #Winning
If you found my content beneficial, look at my Support Me page for ways you can help keep the site running. Also, please, subscribe to receive free blog updates through email and recommend me to your family and friends. You can also follow me on Twitter, like me on Facebook and download my free e-book