Originally Posted by
Steve M
You seemed focused on only those redemption opportunities that are for cash or cash equivalents. I value MR points at $0.025 each, but that's because I redeem them for travel, rather than for their cash value. More specifically, I transfer them into airline programs where there's an arbitrage opportunity. I find I can get at least $0.025 this way. As to cash-value-only opportunities, maybe $0.01 is as high as you can get with MR.
Cash equivalent isn't my only goal, but is all I had ever used it for in the past. It sounds like if I look at flight partners I gain more value, which is helpful.