Originally Posted by Aaron20

I've always considered them to be something like a legacy online rewards portal. They used to be the largest and most popular but now the market is so crowded and competitive that people flock to the sites that offer the highest percentage back. The sites that offer the most are the ones with the least overhead. Since MyPoints used to be so big, I assume they have residual high overhead and simply can't compete (which is clearly reflected in their cashback percentages). Probably their only competitive advantage is the few people who are loyal just out of habit and laziness, but those people are probably slowly learning what a bad deal they are and heading other places. So less revenue means point devaluations, which leads to more people leaving.

Bottom line: don't accumulate these points. Spend them as you get them. Especially when you look at the financials of the parent company, it's clear that MyPoints will not be around long.