This is one offer for buying points that I wait for the whole year. I value my Starpoints at ~4c each. So getting them for 2.8c is a steal.
Until Dec 30, you can buy up to 20K Starpoints at 2.8c each. LINK
To put this in perspective, Sheraton Maui runs for around $400 per night in most seasons. A 5 night reward at Sheraton Maui requires 48K Starpoints. If you had taken advantage of earlier promotions and had bought all 48K points, your out of pocket cost would have been ~$1350 compared to $2k if you had bought the rooms with cash.
Now that Starwood award stays count towards elite status, there is no reason to pay them out of your pocket. I would probably wait a bit since I have built a small stash of SPG poins. Nevertheless, this offer is so tempting, I might finally bite the bullet.
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