American Express points advance discontinued/gone?

American Express forum. Talk about AmEx credit cards like Blue, Gold, Platinum, Centurion, and more.
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tigerhunt2011
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Joined: Wed Jan 12, 2011 8:54 pm
Location: Tucson, AZ

Postby tigerhunt2011 » Mon May 06, 2013 1:31 am

pewpew wrote:Seriously!?! 1 starpoint for 3 MR? that's nuts! now i'm thinking of getting a gold premier and a starwood card...


it's only nuts if you're looking to transfer to Starwood. MR points transfer 1:1 to every other transfer partner. It's so that the MR cards aren't competing with the SPG card...
AMEX Business Platinum AU-NPSL-07/11
AMEX PRG-NPSL-07/11
AMEX BCE-$2000-07/11
AMEX MB Platinum-NPSL-08/13-->07/11
AMEX Biz Gold Rewards-NPSL-08/13-->07/11
AMEX Biz DL SkyMiles Gold-04/13-->07/11
BofA Alaska Airlines Visa Classic-$2500-06/11
Barclays US Airways Platinum Mastercard-$1500-04/13
Chase Sapphire Preferred-$5,000-08/13
Citi AA Select AMEX-$2000-01/13
Citi AA Visa-$2000-01/13
Citi AA Platinum Select Visa Signature-$5000-08/13
Citi AA Platinum Select World Mastercard-$2500-04/13
Citi Business AA World Mastercard-$1000-08/13
Citi ThankYou Preferred-$2000-04/13
Express-$650-01/12
GECRB Paypal Mastercard-$3500-04/13


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Z06Biker
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Location: Los Angeles

Postby Z06Biker » Mon May 06, 2013 2:54 am

Yes, but starpoints also have a 1:1 transfer ratio to airlines as well.
AMEX: PRG Gold, Business Simply Cash, Business Costco, BCE.
Chase: United MileagePlus Club, Sapphire Preferred, Amazon Rewards
Barclaycard Arrival World Mastercard
HSBC Cash or Fly World Mastercard
USAA World Mastercard, USAA Platinum Mastercard
Wells Fargo Business Platinum
USC Credit Union Mastercard

pewpew
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Location: nyc/ny

Postby pewpew » Mon May 06, 2013 4:16 am

i'm a little lost now. i'm looking here:

Z06Biker wrote:I put it on my SPG card since 1 starpoint = 3 MR points.


does that mean that if you earned 10k starpoints on the SPG card and transferred to an AmEx charge card (be it gold, platinum, whatever)... would you now have 30k MR points to use on airlines now on the charge card? if this is the case I don't understand why everyone with an AmEx charge card not own an SPG card... for an extra $65 a year you triple your MR point count.
Junk I use:
AmEx Platinum for Mercedes Benz from, 75k spending ability
AmEx Everyday 8.99% + Prime, 44k CL
Chase Ink Bold, 35k
Chase Freedom (Converted from WaMu VISA) from '07, 5.99% + Prime, 30k CL

Junk I don't use
BoA Susan G. Komen Cash Rewards (converted from World Points MC) from '07, 7.9% Fixed APR, 30k CL
Discover IT (Converted from Discover More) from '08, 5.74% + Prime, 20k CL
AmEx Clear from '07, 4.99% + Prime, 10k CL
All 3 credit scores are over 800.

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Z06Biker
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Postby Z06Biker » Mon May 06, 2013 6:00 pm

You can convert MR points to Starpoints, but not the other way around. The MR to SP conversion is 3:1, which is horrendous. Nothing else can convert to Starpoints, be it airline miles, hotel points or anything else. What's head-scratching is the fact that both MR and SP have a 1:1 conversation ratio with partner airlines. In other words, do not convert your MR points to SP if only to convert to airlines miles, since you lose 2/3 of their value.

Basically, these credit cards (and points systems) are designed for different markets, and while there is the ability for a one-way transfer (MR to SP), it's not worth doing so in the slightest.
AMEX: PRG Gold, Business Simply Cash, Business Costco, BCE.
Chase: United MileagePlus Club, Sapphire Preferred, Amazon Rewards
Barclaycard Arrival World Mastercard
HSBC Cash or Fly World Mastercard
USAA World Mastercard, USAA Platinum Mastercard
Wells Fargo Business Platinum
USC Credit Union Mastercard

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FastSRT8
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Joined: Thu Apr 19, 2012 1:32 pm
Location: Canada

Postby FastSRT8 » Tue May 07, 2013 2:49 am

Z06Biker wrote:You can convert MR points to Starpoints, but not the other way around. The MR to SP conversion is 3:1, which is horrendous. Nothing else can convert to Starpoints, be it airline miles, hotel points or anything else. What's head-scratching is the fact that both MR and SP have a 1:1 conversation ratio with partner airlines. In other words, do not convert your MR points to SP if only to convert to airlines miles, since you lose 2/3 of their value.

Basically, these credit cards (and points systems) are designed for different markets, and while there is the ability for a one-way transfer (MR to SP), it's not worth doing so in the slightest.


So what do you recon is the best way to use MR points?
Carpe diem quam minimum credula postero!



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