Westcoastman,
Diners has an odd system of awarding two points for every dollar changed and two points to redeem every mile. The exception of course is the BA summer promotion where miles are redeemed one for one, meaning that for you get one BA mile for every club reward point or 2 BA miles for every dollar charged. For the sign up bonus you get 2000 club rewards points a month for a total of 24000 club rewards points, which during the annual summer promo is worth 24,000 BA miles. What you read about was probably people making the 2:1 conversion.
If you are thinking to apply, you can do it on-line at
https://www.citibank.com/dinersus/mgm/apply/index.htm
If you are so inclined it would be appreciated if you might use my sponsor code
Sponsor Code = IKQG5615
Let me know if I can be of assistance, I have had Diners for years and they are fantastic. Happy miles.
Also, you can pass UA and AA miles through diners during the promotion with no melt if you are interested.
[This message has been edited by mktozd (edited 05-16-2002).]