Yesterday evening, during our daily after-work-walk where we wind down by talking about our days, everything was picture-perfect until Kevin said something that caught me off guard. He started off by innocently by “hey, Ang, what do you think about Membership Rewards points – are they worth anything?”.
I responded by saying that MR points were not my preferred points-currency of choice (for me it’s SPG points and Chase Ultimate Rewards points), but they were still good to have a nice stash of. He then told me that they made a cool redemption at work earlier during the day. Considering that I knew his company had close to a million points, I was excitedly anticipating him to say something along the lines of, “pack your bags; we’re all going on a lavish vacation!”
He then says, “today at work we cashed out 22,000 MR points for a cool $140 headset”.
Wait… WHAT? I patiently waited for the “just kidding” part… but that never came.
I almost lost my breath.
Like most things in life, the use of miles and points are a case of “to each their own”, but seriously, Kev?!?! We live under the same roof and that’s what you tell me?
I began to tell him that 22,000 MR points is worth WAY more than a measly headset. Just as one example, 22K MR points can be transferred into 22K British Airways Avios and can be redeemed for 2 round trips from NYC to Montreal and still have some to spare.
Life lesson to all readers: cashing out points and miles for merchandise is not a way to maximize the value of your points.
Have you (or has any one in your family) ever made a cringe-worthy redemption that you regretted? Please feel free share your stories.