You should status match to Hertz 5*, you will also receive a car upgrade when reserving standard/full size. I would wait until Jan. tx 500 points x2 and you will have enough points for a 1 day specialty vehicle. Keep in mind that Hertz like many other car rental agencies tack on additional fees and surcharges so it really isn't "free". But it is a good deal in any case.

Depending on your account balances, I would not tx to UA with the bonus unless you needed to top off your account for a redemption. Choice has not devalued (yet), and they do have nice redemption's in Europe and the Nassau Bahamas. Nice place to take your family on vacation, plus you get access to Atlantis.