Amex Membership Rewards to the new Marriott Rewards/Starwood Preferred Guest program conversion rate is here! Jul 21st

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Amex Membership Rewards to the new Marriott Rewards/Starwood Preferred Guest program conversion rate is here!A question that has been asked by many and to which I have not had the answer to is ‘What will the Membership Rewards conversion rate be to the new Marriott/SPG program”! Many American Express cardholders (primarily Cobalt and Gold Rewards Card) have been wondering this and now we have the answer:We now know that the conversion ratio will be 1,000 Membership Rewards points to 1,200 new Marriott/SPG points.  (Source American Express website) How does this compare to the current rates? It is a slight devaluation but not too bad at all. The current transfer rate is 2 Membership Rewards points = 1 Starpoint, which equates to 3 Marriott Rewards points. To compare apples to apples, currently 1,000 Membership Rewards Points will net you 1,500 Marriott Rewards points and for the new program you will only get 1,200 Marriott/Starwood points. This is a 20% devaluation and while all devaluations aren’t good it’s not as bad as some had predicted but not as good as other predicted. Some people were thinking it would drop to 1:1 (1,000 Membership Rewards points = 1,000 Marriott/SPG points) while myself was being hopeful they would keep the equivalent of the current rate and go 1:1…

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