Jarrodpd wrote:it gives you the option on Amex travel to use points, is that typically a worse value because they deteriorate the value?
Generally 1 point equals to 1 cent while Platinum and Centurion gives 20% rebate
So that wouldn't be too bad as 1% back is general industry standard. Surely it's possible to redeem value more than 1% but I wouldn't say that 1% is a bad value.
For me it's like:
<1%, not as good
But of course you can have other thoughts.
When there is no program available to transfer, then getting 1% back would be the first choice.
Nixon wrote:To that end then, Discover's cashback is inherently more valuable for certain gift cards as they often have either a $50 for $45 CB, or $25 for $20 CB.
Technically it's true to say it's possible you get more than 1% cash back in that case. We just have to be smart if we want to realize the best value.