A major change to the points redemption took place from yesterday for both the SEIBU PRINCE CLUB program and the emi foreigner spinoff program.
Points can now only be exchanged for on property spending at the rate of one yen for one point. Gone is the option to exchange points for hotel free nights, hotel free meals, or any number of other goods and services previously provided. So any chance of earning value greater than 1% on spend is gone forever.