@IcEWoLF wrote:
If I redeem my ThankYou points (16K) at amazon it's roughly around $131...which is meh...
Do ThankYou points suck this much compared to Chase UR?
Please advice me on how I should maximize my return for the points I have...
Cash redemptions or travel or something else?
The best cash redemptions for TY points are the student loan/mortgage redemptions, as these are 1:1. Basically, you call them and they ask which instituion holds your loan, and they send *you* a check made out to that institution as Citi does no verification. Many people simply give the name of their bank and deposit the check into their account. This is not recommended for people who have done a lot of manufactured spend, but if your points are 16K, you probably haven't!
Next best for amounts like yours are $100 gift cards, which are (sort of) 1:1 with any of the cards. The selection is not huge, and you can get the gift cards below face value at a number of other sites, hence the sort-of 1:1.
For bigger amounts I get Walmart gift cards, which can be converted (at a slight loss) into Visa Gift cards as the best way to cash out too many points.
For travel, if you have a card like the Premier, you can redeem for travel at 1.25 cents per point.
