FlyerTalk Forums - View Single Post - Convince me not to redeem miles for AMEX Gift Cards
Old Sep 12, 2011, 9:45 am
  #1  
davevt98
 
Join Date: Feb 2005
Posts: 261
Convince me not to redeem miles for AMEX Gift Cards

We have close to one million delta miles that my family has accumulated. We typically take two international trips per year. I have a 9 month old so his ticket is free for now. Baby 2 will likely be coming along in the next year so traveling will likely slow down for a bit.

Cash is low at the moment so I am looking at ways to get additional money. Frequent flyer points and hotel points have value and I can redeem 110,000 Delta miles for $1000. I am experienced enough to know that this is a horrible exchange rate. However, they are currently just sitting in the account and need some cash.

Please convince me not to redeem them!! I'm tempted to cash out some of them but know that they will be much more valuable using them for family trips in the future.
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