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Thread: MR points when cancelling card [Consolidated]
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Old Dec 27, 2010 | 10:45 am
  #31  
mlad1101
 
Join Date: Jun 2010
Location: NYC
Programs: SPG Plat, Emerald Exec., PC Plat, AA, CO, DL, UBS Charter Card, Palladium Card, Amex Plat
Posts: 1,694
Originally Posted by digimon
I plan to cash out the membership points for gift cards and cancel my Platinum Amex in January (after I receive the gift cards of course).
Firstly, redeeming for GC's is a bad redemption value for those points. You can get A LOT more value out of them transferring to an airline program.

Secondly, yes there is a good chance they will take back the points with an early closure of the card.
Last edited by mia; Dec 27, 2010 at 10:55 am Reason: Shorter quotations are better
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