Originally Posted by
TMM1982
why are people transferring MR to Schwab? I don't get that move. That seems like terrible value to me.
Originally Posted by
TMM1982
which is a terrible value as MR are worth more than 1.25 cpp. Especially if one is using MR for F airfare.
As someone mentioned earlier, if you have a large number of points this is one of the best ways monetize those points. I have over 10M points and use about 1M points per year on airfare and hotels, but that still leaves me with a hefty balance. I just redeemed 2M points for $25,000 cash with this card. A hell of a lot better than gift cards or any other non-travel redemption.