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re: Credit Card Rewards and Points Discussion
Posted on 5/28/19 at 5:48 pm to AndyJ
Posted on 5/28/19 at 5:48 pm to AndyJ
quote:
Are chase or American Express points safe?
Their value IMO is mostly derived from where you can transfer them to. If all their partners massively devalue and that also affects the partner's partners, then the bank currency value will fall too.
quote:
And Is there a safe transfer partner to whom I can send points?
None are "safe". The safest are probably the programs who have just devalued their chart as they are unlikely to have a subsequent devaluation soon after.
This post was edited on 5/28/19 at 5:50 pm
1
Posted on 6/20/19 at 8:31 am to Teddy Ruxpin
Can I close an account that currently has a balance? I will pay it off before statement due date.
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