So a couple of interesting things to note on this card as I have two of them:

I have one in a business name and I get a 75% booster on top of the 1.75 (2.625) as long as I spend $7500 per month on the card. Bonus points are dumped on the last day of the month in a single transaction. This is completely separate from the Plat Honors program. They don't stack (I wish!).

My personal one gets the 75% booster on each transaction individually w/ no min spend (due to Plat Honors 100k + assets at BofA).

I can transfer points immediately between the cards. As far as redeeming points, gift cards $250 and over, flights under $400 can in many cases be grabbed for a flat 25,000 points, which they don't really advertise anywhere, or travel credit $ for $. The best way to pull cash $ for $ is to get the small business credit card which is junk other than the redemption gaming aspect of it (to avoid the 40% devaluation you would otherwise take for cash).