Originally Posted by
itsme
It's been awhile since I used an AmEx card and had any MR, but I'm curious about this. What do people think is the highest and best use of MR - converting to airline miles; and then what value do they assign MR if monetized? How about SPG with the SPG AmEx card?
I think generally MR are valued so high (like 2.5cents personally) because they're so flexible - have a stay or flight coming up where a specific hotel chain or airline has the best redemption value? Transfer it from MR. If MR to SPG was a 1:1 transfer that would be the obvious solution... But it's not. So their value really depends on a particular redemption. The fact that it can be so many things make them so valuable.
Think of it like an FFP with the redemption opportunities of all their transfer partners combined.
Edit: i think SPG points are generally also considered around 2.2-2.5 cents each