Originally Posted by
youseeme
Hey fellow Boston FTers. I have a question for the group I would have asked at the Do, but it's a little time sensitive.
I have had the SPG Amex card for almost a year and my yearly fee is about to come up (Feb. 5). I am contemplating canceling the card because I don't want to pay the fee and I don't use it that much and use my citi AA card on most purchases.
My hesitation for canceling the card is that I didn't realize until now that you can transfer SPG points to a variety of programs. I would start using the card more if I do pay the yearly fee.
Any thoughts or suggestions would be much appreciated

20,000 SPG points equals 25,000 AA miles, which gives you effective earnings of 1.25 miles per dollar at SPG, vs 1 per dollar on the Citi card.
I kept my card, though, because SPG points are so valuable. I value them at 2.5-3 cents each.
Mike