Right now I'm more concerned that the banks might shut TWA down than I am about Mypoints.

I just cashed in my second 20,000 points for 25,000 vacation miles. I used the first 25,000 miles to buy ten $50 Marriot discounts and I really think I got a bargain. I need to decide whether to buy Marriott again or to buy Hyatt this time. Personally I think the ten $50 certificates is the best deal.

You do need to cash in all 20,000 points at once to get the 25,000 vacation miles. You are also restricted to the vacation mile awards listed on the Mypoints web site.