Anyone have the charles Schwab Amex platinum card? Can I transfer my Corp amex points for cash? Or only to an account and then I can withdraw for cash?

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Check out the points bowl. The answer is that you transfer all your amex card points to schwab account. Then you can cash out.

All MR points across all cards are pooled into one MR account. You just transfer your combined points from Amex to Schwab. Once your $ is in Schwab, you can transfer it or withdraw it.

Is the card worth it for you?

It's definitely worth it the first year if you have a large stash of Amex points. After the first year, you'll definitely want to fish for a retention offer and/or reevaluate the card.

What’s the penalty for canceling a card again? Credit score hit?

Keep it open for one year to prevent Amazon from clawing back your sign-up bonus. You can also get the airfare credit this year and next.

Your credit score won't take an immediate hit until the account falls off and stops aging.

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