The process is as burkey outlines (in my brother's case he first received a paper certificate from mypoints, and then he was asked to fax the certificate along with his American airlines number). The process takes some time, so do not hold out.

With Mypoints you can transfer the points to HHonors, Marriott Rewards, Alaska airlines or to the Vacation Miles program.

With Vacation miles you can convert the points one for one for American (only) airlines miles. Or if you have enough points you can redeem the points for ticket with airline of your choice. You can also redeem with them for free hotel nights, car rentals or cruises. The complete vacation mile redemption chart is at: http://www.mypoints.com/mp/dStatial....log.vacation.2

To me, the Vacation Miles seems to offer the best value for the points. YMMV.

[This message has been edited by pgupta011 (edited 08-10-1999).]