Originally Posted by
kaizen7
Most likely I will transfer my points to airline miles .... so as long as the exchange rate is reasonable I'm quite happy
They mention about 3 points to a mile (needs to wait the full detail of the rate)
Still good for me
The only concern to me on that regard is this,
In August members will have access to more airline partners than ever before, with more than 40 total airline partners. This includes new options for Rewards (Virgin Australia, Aegean Airlines, Air New Zealand and more) and new options for SPG (Qantas, JetBlue, Turkish and more). You’ll still be able to transfer points to frequent-flyer miles, and the new ratio will be 3 points for one mile. And, for every 60,000 points transferred to miles, we’ll add a 15,000 point bonus providing you with a total of 25,000 miles in the airline program of your choice.
If it's a limit per transaction or a daily limit, I'm fine because it's similar to current SPG limit. However, if it's an quarterly or annual limit or even a lifetime limit, I'm doomed. If it's a monthly limit, I think I can manage.