medcinmn wrote:I guess a better question would be which has more value towards airfare the way we travel: $1200 cash rewards or 92k MR points?
What are your travel patterns like? You said you fly domestic. Do you fly from one coast to the other? Or do you get on short flights? Do you fly business or economy? MR points can vary depending on how you redeem them. Typically, I find MR points for domestic economy ranges from 1~2 cents. So if you do a good job of redeeming at 2 cents, you are getting 1800 worth in value, which is much better than $1200. But if you don't do a good job and redeem at the lower end, you only get $900 back.
Personally, if I can get more than 1.5 cents/point, I go with points. Otherwise, I don't mind losing just a little bit for the convenience of cash back. But I don't travel much anymore. If I were a frequent flyer, I'd go points no matter what.