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They will not stop until everything is 1cpp. Maybe this will encourage chase to do more bonus transfers. lol
It definitely shrinks the set of situations where URs can beat MRs.
As much as I don't want it to be true...I believe that it won't be long for American does something similar.
At then of the day Amex MR is king.....Classic story of the Tortoise and the Hare.......
Rakuten is better than Chase's portal, so kudos to Amex for that coup and MR being able to be used w/ Rocketmiles is also a nice addition.
All these MR changes makes transfer bonus offers much more valuable.
@Loquat wrote:As much as I don't want it to be true...I believe that it won't be long for American does something similar.
I don't know exactly what has been confirmed, but there was a lot of chatter a few months ago (April-June) about AA going dynamic.
I don't know know enough about Star Alliance (I'm a closet Delta fan but don't tell anybody), but is using a tranfer of URs to KrisFlyer miles with Singapore for United and other partners not still a decent option? Last I knew they were still using an award chart:
@wasCB14 wrote:It definitely shrinks the set of situations where URs can beat MRs.
I don't actually see it that way, the airline industry point devaluation is happening everywhere, this makes two things more attractive for many, if not most, people:
1. transfer bonuses
2. an excellent fixed value .... like 1.5-1.6cpp of UR.
@Anonymous wrote:
@wasCB14 wrote:It definitely shrinks the set of situations where URs can beat MRs.
I don't actually see it that way, the airline industry point devaluation is happening everywhere, this makes two things more attractive for many, if not most, people:
1. transfer bonuses
2. an excellent fixed value .... like 1.5-1.6cpp of UR.
Amex does far more transfer bonuses.
Schwab Platinum gives me a 1.25 cpp floor in the form of cash deposits at Schwab. Not amazing in itself, but a lot of my spend goes on BBP where I earn 2x MRs. So for fixed value, I'll take that over 1.5 cpp on 1.5x with CFU/CSR.
I do have more off-category spend than many others do.
@wasCB14 wrote:
@Anonymous wrote:
@wasCB14 wrote:It definitely shrinks the set of situations where URs can beat MRs.
I don't actually see it that way, the airline industry point devaluation is happening everywhere, this makes two things more attractive for many, if not most, people:
1. transfer bonuses
2. an excellent fixed value .... like 1.5-1.6cpp of UR.
Amex does far more transfer bonuses.
Schwab Platinum gives me a 1.25 cpp floor in the form of cash deposits at Schwab. Not amazing in itself, but a lot of my spend goes on BBP where I earn 2x MRs. So for fixed value, I'll take that over 1.5 cpp on 1.5x with CFU/CSR.
I do have more off-category spend than many others do.
Here is the hope Chase does more bonus transfer too, .
BBP is a gem, I run business spending through it as much as I can. I do separate business and personal spending clearly, so I am not running everything through it. Plus lot of my personal spending does not accept amex, aye.