Originally Posted by
farwest101
Pluuuheez. Enough of this oh-so-tiresome moralizing. The entire point of having a Schwab account was to xfer MRs to it - otherwise he would have kept money in it to invest. This data point is useful - I've transferred millions of MRs to Schwab solely to cash out. I usually leave a few thousand just sitting in some money market, so perhaps that's kept them off my back.
This is not even the good way to use MR points. So I do not see the points of doing all the hard work and not use the best way. But you have some way to take advantage of MR points (like work related travel etc.), I figure you have to find some way to cash it out. This is a moot point for most people.