Value of Amex (USA) Membership Rewards points
I have a Morgan Stanley Amex Card that I was able to get since I have a separate brokerage account
They give the option of basically trading Points for $ that would be deposited into my Brokerage account.
You can do different denominations, but basically all are 1 point to $0.01. So basically I can trade in 100,000 points for $1000.
I see if I used my points for say GC to stores or restaurants, it is at this same 1 point to $0.01 ratio..... (hotels are worse ratios)....
So basically...is it worth it?