Old Feb 25, 11, 11:14 am
  #3  
millere2
 
Join Date: Oct 2010
Location: IND
Programs: SPG Plat, WN CP, Many Others
Posts: 538
Well at minimum you could change it 100,000 points for $1000 in gift cards to numerous retailers/restaurants for only $450 annual fee. Thats a good deal in itself if you want to just sign up and cancel. You will get your best value transferring into airline programs but if you dont travel that much it may not be worth it to do that.

You can transfer your miles to BA which currently has a bonus promo going where you get 40% (I think) bonus BA miles for your transfer. That would net you 140k miles on BA which are good on AA since they are a partner. However, the miles are diluted a bit because you would be using them on AA instead of BA.
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