Important Note for those wanting HHonors Points from E-Rewards!

Starting January 7, 2003 you can redeem E-Rewards dollars for the following on AA:

$25 E-Rewards = 1,000 AA miles
$50 E-Rewards = 2,500 AA miles

Effective January 1, 2003, HHonors changed the rewards Exchange program so that:

5,000 AA miles = 10,000 HHonors points

So, if you really want HHonors points and have some miles in your AA account, it makes much more sense to take AA miles then do a coversion to HHonors, unless you have a lot of E-Rewards dollars to redeem (noting the restriction that you can only redeem from a partner once each calendar year in the E-Rewards program) or if you don't have AA miles since you have to transfer in 5,000 mile increments.

For reference, the E-Rewards rates for HHonors are:

$25 = 1,000 HHonors points
$50 = 3,000 HHonors points
$75 = 5,000 HHonors points
$100 = 7,500 HHonors points
$250 = 25,000 HHonors points (this level is the same as the $50 E-Rewards -> 2,500 AA miles -> 5,000 HHonors point rate)