Starwood Business Credit Card Launched
By Liz Morris
Already teamed up on a consumer rewards credit card, American Express and Starwood Hotels have now deepened their relationship with the launch of the Starwood Preferred Guest Business Credit Card. The new Starwood business credit card will offer Starpoints with each purchase, good for stays at Starwood hotels including Sheraton, Westin, W hotels, St. Regis, The Luxury Collection, Le Méridien and others. In addition, Starpoints can be converted to frequent flyer points on 30 major airlines, most on a one-to-one basis. Cardholders transferring Starpoints to frequent flyer points also can get a 5,000-point bonus when they transfer 20,000 Starpoints within most airline programs (i.e., 20,000 Starpoints equals 25,000 frequent flyer miles).
The Starwood Preferred Guest Business Credit Card will offer one Starpoint per dollar on all card purchases, but double points on purchases at Starwood hotels and resorts. In addition, new cardholders get a 10,000-point bonus after using the card for the first time. There is no fee on the card for the first year; in subsequent years a $30 annual fee applies.
Along with the launch of the Starwood business credit card, American Express and Starwood announced that the consumer version of this card has been upgraded to include all the same features as those described above.