Hotel Rewards for Business Owners: American Express Starwood Preferred Guest Business Credit Card

By Christina Majaski. Last updated 1 August 2018. 0 comments

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Like the consumer version, the Starwood Preferred Guest® Business Credit Card provides the rewards program that American Express and SPG are well-known for, along with some great hotel perks for more comfortable stays. If you are a small business owner and fan of Starwood Preferred properties, this card can become a valuable tool for your business. (See also: The 5 Best Credit Cards for Small Businesses)

How This Card Works

Earn 6 points for every dollar of eligible purchases at participating SPG® and Marriott Rewards® hotels. Also earn 4 points at U.S. restaurants, U.S. gas stations, wireless telephone services purchased directly from U.S. service providers, and on U.S. purchases for shipping. Earn 2 points for all other eligible purchases.

Bonus Offer: Earn 100,000 bonus points after you use your card to make $5,000 in purchases within the first 3 months of Card Membership. (Offer ends 10/31/18.) (See also: 5 Best Credit Cards with Sign-Up Bonuses for Hotel Stays)

Redeem your points for award nights at Starwood properties. You can also transfer points to over 30 airline programs such as Delta Airlines, Southwest Airlines, and Japan Airlines, often at a ratio of 1:1. (See also: 5 Best Credit Cards that Transfer Points to Airline Miles)

In addition, for every 20,000 points you transfer to an airline program, you'll receive a bonus of 5,000 points. You can also redeem points for room upgrades, and there are various opportunities to redeem points for car rentals and special events. (See also: The Best Credit Cards for Hotel Deals and Rewards)

Terms apply.

Other Benefits

SPG Elite status. Enjoy complimentary Silver Elite status with your card. If you spend $35,000 on eligible purchases in a calendar year, you can earn an upgrade to Gold Elite status.

Free Night Award. Each year after your card account anniversary, you get one free night award. Select hotels have resort fees.

OPEN Savings. This card includes access to its OPEN Savings network of business retailers offering special discounts. You can also earn additional points when you shop online through OPEN Savings with retailers such as FedEx and HP.

Extended warranty. The purchases you make with your card are eligible for extended warranty which extends original manufacturer's warranties that are one to five years, for up to one additional year. 

Purchase Protection. Purchases on the card are also protected up to 90 days against theft and damage. 

ReceiptMatch. Take photos of your receipts with a smart phone and then label and save them for record keeping. You can also sync your card account with QuickBooks to make managing and organizing your spending easier at tax time.

Costs

  • $95 Annual Fee (waived for the first year)
  • 17.49% - 26.49% Variable APR for purchases
  • No Balance Transfer Option
  • 0% Foreign Transaction Fee

See rates and fees.

Considerations

Annual fee. Although you won't pay it for the first year, many cardholders won't be able to justify the annual fee of $95 in the years after. It is crucial that you examine your business spending and how frequently you stay in SPG Hotels to determine if you will earn enough points and take advantage of enough of the benefits for the annual fee to be worth paying. There are business cards that offer rewards on purchases without charging an annual fee. (See also: The 5 Best Credit Cards with No Annual Fees)

Who This Card Is Best For

Because of the many hotel and business benefits, the Starwood Preferred Guest Business Credit Card from American Express is ideal for small business owners who frequently travel and stay in Starwood Preferred Guest Hotels, or for those who only stay in SPG Hotels occasionally but can transfer points to airline miles. It is also best for those who spend and earn enough to cover the annual fee after the first free year. Those looking to get the most out of the card should spend at least $35,000 per year with the card to reach the extra benefits of elite statuses.

Terms apply.

Click here to learn more and apply for the Starwood Preferred Guest® Business Credit Card today!


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