Assuming 1 point is redeemed for $.01 airfare, 30% rebate would net $0.014+ per point.
This is structured a little bit differently than Citi Prestige correct? I'm not sure if I'm missing something in the wording.
For example, if I want to book a $500 flight on American, I would need to have 50,000 points in my MR account and then have 15,000 credited back. As opposed to TY points, I would only need to have 31,250 points. Or even on Chase's end, I can get away with having less points since it's a bump up instead of a rebate.