<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by ootlb:
I've noticed that AmEx is changing the fee to reinstate forfeited MR points from $15 to $29 per statement from 15 March. This prompted me to look into what I've forfeited and I was surprised by the volume of MR I've let go over the years.
Clearly some of the points are not worth reinstating at $15 a pop... and clearly some are worth the fee. But what is the rule of thumb here? Are 3,000 points too few to warrant the fee? 1,400?
Would like to hear how others measure this.
[This message has been edited by ootlb (edited Feb 01, 2004).]</font>
What are points worth to you. If worth 2 cents each, paying $30 for as few as 1500 miles is breakeven. For domestic use I value points at 1.5 cents, so it would take 1000 miles for every $15 in fees.
If Amex has never waived fee for you in the past, ask their help in straightening out account and see if it will give you a full or partial waiver.
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Louisville, KY
Delta Gold