Originally Posted by Family flyer
...A previous post valued 10,000 miles at $125. This value is very low if using SPG. I just paid 60K points for six nights at a St. Regis (12K/night plus one free). That works out to 10K/night and the rooms, with tax, were around $800.
If you burned 60K of SPG points to avoid paying $800, then those SPG points were worth 1.33 cents each to you. Is that a good return on SPG points, or is it possible to redeem them for substantially more value? If 1.33 cents is all one should expect to realize from SPG points, then paying taxes with the card is not a very good deal.