Originally Posted by pjammin
Any guesses as to why the Starwood to UAL conversion is still at 2:1 ? Now that they're out of bankrupcy, shouldn't this go back to 1:1 ? I'm contemplating cancelling Starwood cc and going back to UAL cc. Any guesses or updates?
If what I heard is correct, you would be doing exactly what they want you to do. Apparently the company offering the UA credit card was upset about the idea of earning UA miles faster on the SPG Amex (with 20k-->25k offer) than the UA card so UA caved in and forced the crappy exchange rate. If I am not mistaken, this company also flooded UA with cash to keep the partnership in place during the bankruptcy.
In any case, even at 1:1, SPG points are still worth more. Although I originally signed up for SPG expecting to transfer them for miles, I soon realized how much better SPG points were and usually use them for hotel stays.