SPG, the Starwood Preferred Guests hotel chain, in conjunction with American Express, is currently offering the 20K SPG (equivalent after switching them to 75K Marriott points)--and you can apply and receive the welcome bonus EVEN if you've had the card before (be it the personal or business card). CLICK THE PICS ABOVE (BUSINESS CARD ON THE LEFT, PERSONAL ON THE RIGHT) to take advantage of this offer!
SPG that was bought out a few months back by Marriott, is by far the most lucrative hotel credit card you can get--the reason being that you can use the points not just for hotels in the SPG chain, but to transfer to over 40 different airlines--and an even better option is to transfer your points to Marriott with at least 270K (90K SPG), at which point you can turn them into a 1 week stay at a Marriott property category 5 (that's a Marriott property that costs up to 25K Marriott points per night, making it worth up to 125K Marriott points) PLUS a boatload of points to the airline of your choice, including United Airlines, that does not charge fuel surcharges on its overseas flights, meaning you can fly on Air Canada (a United affiliate through the Star Alliance), and get yourself 132K United Mileage plus points!
Here's the chart and the airlines you can switch your points to:
Hotel + Air Package 1:
Aeromexico, Air Canada, Alaska Airlines, American Airlines, British Airways, Copa Airlines, Delta Air Lines, Frontier Airlines, GOL/Varig, Hawaiian Airlines, Iberia Airlines, Virgin Atlantic
Hotel + Air Package 2:
Hotel + Air Package 2:
Aeroflot, airberlin, Air China, Air France/KLM, Alitalia, ANA, Asia Miles, Asiana Airlines, Avianca-TACA LifeMiles, China Eastern, China Southern, Emirates, Etihad Airways, Japan Airlines, Jet Airways, Korean Air SKYPASS, LAN, Lufthansa Miles & More, Multiplus, Qantas, Qatar Airways, Saudia Airlines, Singapore Airlines, South African Airways Voyager, TAP Air Portugal, Turkish Airlines
I personally love the option to switch points to Southwest Airlines or JetBlue. While the Southwest deal used to include a companion fare pass with the switch, it's still a lot of points, worth $1700-$2300USD ON TOP of the 1 week stay at a Marriott property. You can ask to have them extend the certificate once, and if you need to, do so just before it expires, as they will only renew it for another year from the date that you call them.
If you're desperate for Aeroplan points, and don't want to go about getting them this way, you can make a straight up switch from SPG to Aeroplan AND get a THIRTY FIVE PERCENT BONUS that Aeroplan is currently offering for switches from hotel points until August 21st, so you'll have to act quickly to apply and meet the $1500 spending threshold on the card. And yes, the cards come with an annual fee of $120 on the personal version and $150 for the business version (which is eligible to be deducted as a business expense) but for the number of points you're getting, it's worth it. Also, keep in mind that if you choose to apply for the business card first, and then apply before October 18th for the personal, you have the choice of cancelling the business and getting the personal card, along with a pro-rated refund on the business card or vice-versa. You can also refer you spouse, friends, or family members and get 10K SPG points for doing so! The link is found on the AMEX website once you already have an SPG card. That could mean a LOT of SPG points for you and your spouse, and know that you can combine SPG points from the same address--it takes a few days to be processed, making it easier to rake up the points in one account and transfer them to either an airline or to the Marriott miles and nights promotion! Call Marriott at 1-800-321-7396 to transfer points this way.