Originally Posted by
roki
I think the thought process would be to capture not either/or, but and. If I could move TY points to AA, I wouldn't keep my AA card. I cannot, so I have both an AA card and a TY card. Actually, I have two of each.
But don't they mainly care about capturing spend? As it is now I think UR and MR points are more valuable than either TYPs or AA miles so all else equal I think most would rather spend to collect those than what Citi are selling. Add AA as a TYP transfer partner and Citi's currency looks significantly more competitive. You've chosen "both" but I think a lot of people may go with "neither." One is admittedly not quite as good as both but it's a lot better than neither, especially if that customer then spends a lot on that one card.