Originally Posted by pokee

The ONLY attraction for the Cobalt card is the SPG transfer (and then facilitate the awesome transfer to Marriott at 3x the points - or transfer to airline points, if one has no use for hotel points).

All my Cobalt MRs are going over to SPG prior to Aug 1 - and I'll have around 80,000 Tier MRs in the 10 months I will have held the card (40K SPG / 120K Marriott). I have no idea what I am going to do after that...have to wait and see what the transfer ratio will be for the new program (if I can still even transfer!).