Originally Posted by
rxziebel
I can convert 125,000 points to 50,000 miles alone, or 200,000 points to 50,000 miles and get the hotel and car certs. Where is the 1 to 1 exchange? And if I want miles only, it seems cheaper to use 125,000 rather than 200,000 to get the exact same 50,000 miles.
What am I missing? (based on your comment about 1 to 1)
After the first 200,000 points, it is 1:1 to redeem additional points. So the real value is taking the maximum award - 270,000 points gets you 120,000 miles. Each point ABOVE 200,000 converts to 1 mile.
So for the OP's example, 375,000 points could convert directly to 150,000 miles. Or redeem 250,000 for a travel package with 100,000 miles, then convert the remaining 125,000 points to 50,000 miles directly. Then you've earned the same 150,000 miles and get a 7 night stay as a bonus.
(This is one big reason some of us are so loyal - that's a great redemption value for hotel points.)