Originally Posted by
Nevsky
I am still debating what to do with Thank You points. The only possibly good use for them that I can see, other than VX, is SQ, which is not a great value. If I convert to VX and then to AS, I lose 35% of the points (.5*Thank YouPoints* 1.3).
Another reasonable option is to transfer to AF. Flying Blue miles are useful for redemptions on DL (mainland to Hawaii flights, no close-in booking fee, etc.), monthly promo awards, among other things.