Originally Posted by
krazykanuck
As I read this, your only 2 statements are contradictory. In one you say Amex should do only 1:1 transfers, and then say that point systems that are worth >1 cent aren't the cardholders problem. So do you suggest that the transfer ratio be different, aka not 1:1, to account for that?
I'm saying if one Jet Blue point is worth 1.4 cents each, the ratio should be 1 MR point = 1 Jet Blue Point anyways... It shouldn't be the cardholder's problem if AMEX has to pay more money for transferring your rewards points. It doesn't seem like they can do anything else for their cardholders these days other than to try to cut corners on rewards and raise annual fees while struggling at the same time.