Skip navigation
All Places > Program Conversations > Blog > 2018 > March > 14

American Express announced some SPG Card details during their Investor Day last week.

 

Here are three interesting slides regrading the SPG/Amex Co-Brand card(now legally called Marriott to their investors)

 

Screen Shot 2018-03-13 at 3.06.10 AM.png

 

  • Launch new marriott product(which they already announced) However what I find interesting is that saying "new marriott product" makes me think the new card will show Marriott name not SPG.

 

Screen Shot 2018-03-13 at 3.06.59 AM.png

 

  • 8% revenue growth by SPG card members! Yayyyyyyyy! This is even before the new Premium card is released! just wait, I bet we will have record card member spending also once released for the heavy spenders.

Screen Shot 2018-03-13 at 3.07.20 AM.png

Now this is big one! SPG card members are big spenders!

 

SPG is the largest hotel card(sorry hilton lol) for AMEX and the 2 largest co brand customer of AMEX behind Delta .

 

*$73 billion x 36%= $26,280,000(co brand loans)

26,280,000 x 5%= $1,314,000(marriott)

 

**$1,085 billion x 16%= $173,600,000(co brand billings)

$173,600,000 x 2%= $3,472,000(marriott)

 

In 2017 SPG card members had a whopping $1,314,000* in loans with the company and we spent $3,472,000** on our card(I hope my math is correct..lol)

 

If you have any thoughts, see something I missed, or my math is incorrect(haha)comment below

 

 

 

source:Investor Relations - American Express Investor Relations

photo: Starwood Preferred Guest Card from American Express Review | CompareCards.com

 

jsucool76 mrwhipple13  since you the credit card specialist   any thoughts