Originally Posted by
btk2333
If it's confirmed that this offers 1.5 ur points on all spend I would probably switch about $400,000 of non-bonus spending to this card (lab and medical supplies)- heck 1.5x ur points almost makes the math work to pay taxes at 1.87% service fee (and for some people it would be a good value to 'buy' ur points at~1.25 cents per ur point)
For many folks, it would absolutely make sense to pay Federal taxes at 1.87% since the cc fee is deductible for many on your tax return.
I have been "buying" spg points at less than half price for years paying the tax with SPG Amex.