Originally Posted by
sdsearch
But you're doing all this just for 1% cashback??? (That's all I've ever heard of TY points being good for.)
Have a look at some of the threads out there. With a Citi Amex Plat it's rather easy to get 3% cash back when redeeming for gift cards, and double that for airline tickets. I calculated a 21% rate on my last redemption, under the old system. That kind of crazy return is not possible anymore but there's still some good values out there, when you understand the program. Even my Amex SPG is in a drawer...