Originally Posted by
lin821
The responses seem to be off topic at this point.
From post #36 thru #47, foreign currency exchange rates were the focus. However, we already have an ongoing thread on that topic:
Best card for foreign exchange?. IIRC, most people are not happy about Amex exchange rates. IMHO, this line of discussion belongs there.
Can we please move back to OP's original inquiry and discussion about Premier Pass Elite/TY points? I am considering getting a new CC since Chase is changing their terms to strickly no sign-up bonus miles. I haven't paid any attention to TY points until very recently. Reading this thread helped me quite a bit in terms of learning about TY points before it got "off-road."
Thank You, even though I can't give out TY points.
TY is a good program. The pros are:
1. Many cards can earn 2+ points per dollar spent. You can get a $100 gift card for 10,000 points. Thus, you are often getting 2% or more return for each dollar spent.
2. PP Elite earns 2 points per $ for regular spending and 4 points per $ for select spending, if you include the matching flight points. This is a pretty good return. If you keep flying you will always earn 2% plus!
3. You can have multiple cards and tailor your spending to the benefits of the card, e.g. Citi Professional earns 3pts for restaurants, car rentals, etc.
4. You can get decent coach tickets with your points. Those tickets earn miles on the airline.
The cons are:
1. You cannot convert points to miles in another program.
2. Merchandise rewards are limited and expensive.
I have MR, Diners, TY, and Merrill+ rewards. I personally like TY the best. However, I use my TY points for gift cards because I earn plenty of hotel and airline points elsewhere.