Old Mar 18, 12, 12:17 pm
  #60
lkar
 
Join Date: Nov 2007
Location: PHX
Programs: US CP; AA LTG; HH Dia; SPG Plat; Marriott Gold
Posts: 4,123
Originally Posted by BeantownFlyer View Post
So I just moved 120,000 MR points into SPG (60,000 with the bonus) to US where it will become 75,000+37,500=112,500.

While I "lose" 7,500 points in the transfer, I avoided the $99 ff excise tax AMEX would charge on a direct transfer to an airline program. At 2% those 7,500 miles are worth $150, so with saving the $99 this is pretty close to a wash on a 1:1 ratio.
I think, not that it matters too much, the excise tax on your transfer only would have been $72, not $99. Also, it only would have applied if you would have transferred to Delta, Hawaiian, or Jet Blue (which is never a good transfer anyway). For the BA promo or to transfer to another *A partner like Aeroplan or ANA, you would not have paid an offset tax.
lkar is offline  
Reply With Quote