Iyo, what’s the best way to maximize value from AMEX points. Was going to use 30k for $300 gc to staples for a new iPad. Is that a waste?

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Golden trick- book a fight through Amex travel with points, cancel it within 24 hours. That essentially redeems your points as cash into your account with conversion rate of 1 cent.

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Oh really ! That sucks !

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these questions aren’t the same.

1) to maximize value, transfer to an airline partner and redeem. i like round trip flights to japan on ANA. 85k for business class from
jfk to nrt.

2) at 1 cent per point, your redemption is average. i do it occasionally myself. have bought stuff from CB2, saks, etc using points. have transferred well over 100k points at this redemption. much better than using the points for a statement credit, at least.

tl;dr: 1) transfer to airline partners 2) not a waste

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This is definitely the best way to do it...all the more so if you can book a first class round trip ticket on ANA or one of their round-the-world tickets. There are also some good redemptions to other parts of the world on their airline as well.

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Are you looking for something right now? Otherwise wait and transfer to a travel partner like Virgin...if they’re still around.

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