So the past year has been all about accumulation of points. Now its time to use them up! I’m traveling with the family and this is what I have booked so far:
|Hotel||Location||Points||Cash Equivilent||Point Value||Source|
|Grand Hyatt||Taiwan||42,000||$762.00||$0.0181||Ultimate Rewards|
|Hyatt Reg||HK||30,000||$616.00||$0.0205||Ultimate Rewards|
You can already see that the use of Ultimate Reward points yields almost twice the value as if I had simply used points for cash back. However the use of SPG points is worse if I had transferred 1000 AmEx Member points for 333 SPG points. Whats nice with SPG is you can book now and convert to points later. I plan on using the SPG AmEx card to get the initial offer and earn on referral for the points. Not sure what to do with AmEx points now.