My 2nd AMEX SPG Personal Credit Card Points Posted

Follow me on Facebook or Twitter or subscribe via email below to never miss out on a deal!

A couple months ago, I applied for my 2nd AMEX SPG Personal Credit Card. It’s been at least 12 months since I cancelled the AMEX SPG personal credit card. According to the terms and conditions, I would be awarded the 30,000 SPG sign up bonus again if it has been 12 months since I applied for the credit card. I talked about how I confirmed that the AMEX SPG was churnable in my post here. I recently checked my SPG account and my 2nd AMEX SPG personal credit card points posted.

Even though I was able to apply for the card again, I wasn’t completely sure that I would earn the 30,000 sign up bonus again. However, I was willing to take the chance because of the terms and conditions. After I met my $5,000 spend (with Amazon Payments and Vanilla Reloads), my 30K bonus points posted.

My 2nd AMEX SPG Card Bonuses Posted

My 2nd AMEX SPG Card Bonuses Posted

Since you can earn the SPG AMEX bonus every 12 months of cancellation, I’ve recently cancelled my SPG AMEX business credit card this month. My plan is to sign up for the AMEX business credit card in 12 months and cancel my personal AMEX credit card. That way, I can earn 25-30K AMEX SPG points each year easily.

I’ve shifted a lot of my hotel stays to third party bookings and using Barclaycard Arrival points. I can find decent hotels in the $100-$150 range with free internet and sometimes breakfast. That equates to about $5,000 to $7,500 spend for a free night vs. SPG’s Category 4 10,000 points per night. Hopefully that makes sense.

Does It Make Sense to Keep the AMEX SPG credit card?

When I cancelled my AMEX SPG business credit card, I asked for a retention offer and they offered 2,000 SPG points. At first I was going to accept, but that would disqualify me for getting the AMEX SPG business card again, with a potential 25-30K sign up bonus. I decided to cancel the card to start the 12 month timer. In my opinion, it does not make sense to keep the AMEX SPG personal or business card for more than a year because you want to start the 12 month timer to get another sign up bonus. Since you can alternate between a personal and business card, you always have the option to keep collecting SPG points.

Should You Sign Up for the SPG AMEX Personal or Business card now?

The current sign up bonus is 25,000 SPG points (10K after first purchase and 15K after $5k spend). The higher offer is 30,000 points which seems to come once a year. If you don’t have either card now, it might make sense to start the 12 month timer as soon as you can. However, the most ideal situation is to start the 12 month timer when the 30K offer is around. You would be better off getting the points now if you plan to churn both cards back and forth. Perhaps you can start one now and then start the latter card when the 30,000 SPG point bonus comes back. Also, you want to take in consideration of your future travel plans. If you are eyeing an SPG stay in the near future, you might want the points now. If you have no intention to stay at an SPG property soon or need transferable miles, then maybe you can wait.

Any thoughts?

Save at least $400 on your next trip using one of my favorite credit cards, Barclaycard Arrival World Mastercard! 40K points with no fee first year. See the Credit Card Deals page for more offers. Thanks for your support!

22 comments for “My 2nd AMEX SPG Personal Credit Card Points Posted

  1. Toni
    October 29, 2013 at 4:22 am

    How does that year work? Is it 365 days from when you applied? Is it roughly a year? 12 months?

    • October 29, 2013 at 7:33 am

      Yes, after you cancel an AMEX SPG card, wait 365 days and apply again!

  2. Maury
    October 29, 2013 at 4:45 am

    I also received the bonus on a second SPG business card that I applied recently. In January, I will apply for my second personal and I have no doubt I will get another bonus.

  3. Stu
    October 29, 2013 at 11:49 am

    Please explain what happens to the SPG points earned when you close the account.

    • October 29, 2013 at 3:38 pm

      They do not claw back points from my experience for keeping the card for 11-12 months. I have not tried cancelling earlier than that.

  4. ang
    October 29, 2013 at 12:05 pm

    i just want to make sure i am understanding what you did. so you kept your spg business card open while you opened your new personal spg card? then, after approval, you closed the spg business card to ensure no spg points are lost? so the spg business card and the spg personal card are two different products and they allow you to have the spg business card open while you apply for the spg personal card?

    pulling this from your other post. is this what you did?

    1.Applied for SPG American Express Personal credit card on 9/22/11
    2.Cancelled SPG personal AMEX on 8/22/12
    3. Applied for SPG business sometime in 2012?
    4.Applied for SPG AMEX on 8/25/13
    5. Cancel SPG business 2013 (then wait until 2014 to open a new one before you cancel the personal spg?)

    • October 29, 2013 at 3:40 pm

      Yes that’s what I did. For #3 I applied on 8/8/12 for SPG business AMEX. I applied for my SPG Personal AMEX on 8/25/13 and cancelled AMEX SPG business end of September. They did not claw back any points.

      • ang
        October 29, 2013 at 5:24 pm

        thanks rom!

      • AB
        February 2, 2014 at 12:46 am

        Hi Rom, Did they not charge renewal fee for the SPG business since you had it for more than 12 months (8-8-12 to end Sep-13)?

        • February 2, 2014 at 8:18 am

          They did but you have 60 days to get it refunded

  5. Charles
    October 29, 2013 at 4:13 pm

    Do you always need at least one SPG account (either business or personal) open in order to do this? Do your points stay in your account if both SPG personal and business are closed?
    Thanks.
    Charles

    • October 29, 2013 at 5:31 pm

      Your points will stay in the account. My wife has no spg AMEX and still has her points.

      • Charles
        October 30, 2013 at 4:49 am

        Great! Thanks for the info!

  6. Miles
    October 30, 2013 at 6:16 am

    I’m confused about whether the 12-month delay is needed after an approval or after a cancellation.

    First line of post: A couple months ago, I applied for my 2nd AMEX SPG Personal Credit Card. It’s been at least 12 months since I applied for the AMEX SPG personal credit card. According to the terms and conditions, I would be awarded the 30,000 SPG sign up bonus again if it has been 12 months since I applied for the credit card.

    Answer to a commenter: Yes, after you cancel an AMEX SPG card, wait 365 days and apply again!

    Is there a typo somewhere?

    • October 30, 2013 at 7:15 am

      The 12-month delay is needed after a cancellation. You can then apply for a 2nd AMEX SPG.

  7. choi
    October 30, 2013 at 10:18 am

    I still have the $200 United GC from Amex platinum reimbursement, what can I use it for besides toward ticket purchase. I dont buy and fly often domestically , so what can I use it for ?

    • October 30, 2013 at 12:38 pm

      Pretty much for flights. Book for someone else and have them pay you back.

  8. AB
    February 2, 2014 at 12:52 am

    My SPG personal is due for renewal in July-2014, which will be my third year with this card. I am trying to figure out when to cancel and when to apply for the business card to take benefit of the signup points. Since I take benefit of extended warranty on purchase that Amex offers, I do not want the churn to take that benefit away on my past purchases. Any idea how to go about this? Thanks!

    • February 2, 2014 at 8:20 am

      You are still covered even if you cancel your card. You just have to hold an AMEX card. I would apply for business amex spg for the sign up.

  9. Ashish
    April 7, 2014 at 2:12 pm

    What’s a good option for me to downgrade my Amex SPG personal card to? I want to retain the relationship but avoid the annual fee.

    • April 7, 2014 at 2:42 pm

      Amex blue everyday

      • Ashish
        April 7, 2014 at 3:03 pm

        Thank you. Can I also downgrade SPG business to Amex blue everyday? If not, then any other alternative?

Leave a Reply

Your email address will not be published. Required fields are marked *