Originally Posted by
LAXgt
Simple example: Las Vegas Cosmo stay 01/02-01/06 4 nights - Terrace Studio king
Points redemption: 140,000 points for 4 nights (35K per night)
Gift Cheques: $1,000 for 135,000 points. Cost for 4 nights - $716.80, still have left over for at least another night. All these nights count as Elite nights and you will still earn regular MR points for the stay as PLAT (10,700 points)
I have used 210k points where my bill would have been a little north of 5k. So depending on the property etc the Cheques sometimes are a better value. Sometimes the points are actually a better value.