I'm new to point redemption. Have worked up about 280,000 points on my AMEX Platinum card. I see that if I transfer 80,000 points to my Elevate account, that will give me instant Gold status. After that, I assume I could then transfer those points to Alaska at a 130% ratio and also have Alaska honor the status.

Question: is this a good strategy? I've never even had status on any airline so I'm not sure how good it actually is. Things like priority boarding aren't really worth anything to me. Upgrades to first-class, yes.

Thanks in advance!