Originally Posted by
DillMan
As to your second question - once you move points to an airline mileage program they are non-refundable.
May I ask why you plan on earning miles? Unless you have some secondary reason (i.e. desperate need for miles, a promotion with the airline, etc.) the miles can be an unfavorable deal compared to points, but everybody's situation is different. It is worth some hard analysis before moving though.
DillMan, The megamiles Promo is going on in January and there Mega Bonus does not start until Feb. 1, 2012. So, the megamiles can be very useful and better than collecting points in January or even after if someone is interested in collecting miles.
I am doing January megamiles and then switching Feb.1 when the points promo starts. This seems more favorable if you use one of the participating airlines for that megamiles promo.