do the miles that you get on this card get deposited directly into your ff account for you to use later, or must you take those 20k points and immediately exchange them for an actual ticket?

if it's the former, it's great for those of us who are saving, say, for first class to australia for two people

if it's the latter, it's useless for any looking to exchange credit card points for miles to go anywhere except domestic us destinations

or am i confused? i know the larger point is you're better off using the points for hotel stays, but i'd still like to know about whether those 20k hotel points equal 25k airline points in your actual airline account