Thank you for your information, it was very helpful. I am reading this forum up and down and it helps tremendously.

Yesterday I compared award charts miles vs. cash.
Since we always need three tickets, business class sounds out of our league.
I checked possible dates and destinations and found out the following:
We can find flights to Europe or Asia in the cheapest tier on our dates with no problem but the numbers do not add up anyway:
For example:
United
JFK-Lviv – 60K per pp. If I am getting 5miles per dollar, I need to spend $12K for just 1 ticket.
The cash ticket on the same date is $842. If I am getting 15% cash back, I need to spend only $5600.
About the same result is for Delta to European and Asian destinations.
So basically I need to earn at least 10 miles per dollar to justify switching cash back to miles.

I have this idea to triple dip our idine deal. Don’t mean to be greedy, but why not…
As of now we are earning 1UR points, or 2% Cash back on Costco Amex or sometime 5UR on Chase Freedom (if the restaurants are in the bonus categories), then we are getting 15% cash back total from all restaurant spending.
It comes in the mail – Amex reward gift card – no ATM withdrawals and I was unsuccessful with online purchases.
What would you do to triple dip and earn some miles/points again by using this reward card?