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International biz or first class redemptions through transfer to non-US airline programs. Google “Amex MR sweet spots”. Some insane redemptions (upto even 6c/mpp are still possible.
Some people (me) who don’t travel too often or like having the option of cash instead open a Charles Schwab Platinum Amex (separate product from the regular plat so you can get another signup bonus if you already have the regular) allows you to put MR points into a Charles Schwab brokerage account at a rate of 1.1 CPP (it used to be 1.25🙄) Something to consider though!
I’ve become a couch potato since being married and then pandemic, and hardly travel anywhere without my car 😆
Bad for card redemptions
Chief
85k MR round-trip in business to Europe or 95k to East Asia easily worths more than 1cpp
Singapore Airlines has wide availability for jfk-fra this january. 56k points for one way biz