Originally Posted by Happy

I doubt it because different cards got different levels of redemption. The high end cards got better redemption options for example.

Exactly what you want to know? I guess you are not really thinking about redeeming for merchandises?

UR pts can be redeemed for gift cards or statement credit at exactly 1 penny per point, at $25 increment I think.

Then you can also use it to pay for travel booked thru UR site again at this 1 penny per pt value with the exception of a 25% bonus only offered to high end cards.

Finally there is the transferability you probably have already known, to the airline and hotel partners all at the same ratio of 1 to 1 regardless the partner program.