Update 9/3: this once-a-year bonus offer ends today! Get up to a 30,000 Starpoint bonus with a new Starwood Preferred Guest Credit Card from American Express when you apply via this application. This is the best Starwood bonus offer we've seen in a year! After you use it just once, you'll get 10,000 Starpoints, and after spending $5,000 in the next six months, you'll get another 20,000 points. Plus, you'll earn 1 point per $1 spent, so you'll actually have 35,000 total in your account. Starpoints can be very valuable and are worth much more than $0.01 each. They can be attractively redeemed at Starwood family hotels (Westin, Sheraton, St. Regis, etc.) and can be easily transferred at a 1.25:1 ratio to most major airlines (ie: 20,000 Starpoints = 25,000 American Airlines miles). This card won SmarterTravel's Award for "Best Travel Rewards Card" this past year. For more details, read our longer analysis Don't Have a Starwood Card? 10 Reasons Why You're Losing Money! The APR is 15.24%-19.24% variable. Plus, with this offer, the $65 annual fee is waived for the first year.