Best way to use Amex platinum points? Use on airfare or transfer to bonvoy or airline points?

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Wait for a transfer bonus. I like to transfer to BA Avios and they just ended a 40% bonus yesterday, but it comes around once or twice a year.

Now, the world don't move to the beat of just one drum
What might be right for you, may not be right for some
Because it takes, Diff'rent Strokes to move the world
Yes it does
It takes, Diff'rent Strokes to move the world

Best value is to transfer to an airline partner then wait for an award sale. As an example, I spent 45k points on ORD-ZRH round trip in August.

OP: They’re having a transfer bonus for Bonvoy now if you’re interested

Terrible value relative to an airline, even with bonus. That said, if you have no interest in flights, this is probably the next best option.

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