Questions and Answers

Hi All,

The annual fee on my Wife’s Amex Preferred card just hit, and we need to close the account. She does not have any other Amex cards open, and I don’t think we want to open one in order to keep the points active. So, we want to transfer the points out before closing the account.

Any input on the best value to transfer to these days? I know it depends highly on personal travel needs, but their transfer partnerships are so weak right now, I just can’t really decide. I was thinking Krisflyer makes sense, but i hate the 3 year expiration rule. Aeroplan – haven’t really looked lately to see if there are any good redemptions to be had these days after their devaluations? BA – We’re not near an AA hub, so using domestically would be tough, plus I would want to wait for a bonus.

What would you all suggest?

Could you open or downgrade to an Everyday card for her that wouldn’t have an annual fee? That would be my first pick.

Otherwise…it’s easier to get other miles [B]to[/B] KrisFlyer, but Aeroplan is always a decent option. Do you have any specific travel you’re hoping to do in coming years? And how many points are we talking about here?

Transfer to Sinagpore for SQ Metal and/or UA redemptions.
Transfer to Avios for ShortHaul Domestic redemption or non surcharge options like Iberia, Aer Lingus etc

[QUOTE=”Tiffany, post: 15827, member: 7″]Could you open or downgrade to an Everyday card for her that wouldn’t have an annual fee? That would be my first pick.

Otherwise…it’s easier to get other miles [B]to[/B] KrisFlyer, but Aeroplan is always a decent option. Do you have any specific travel you’re hoping to do in coming years? And how many points are we talking about here?[/QUOTE]

Thanks, Tiffany. It’s only around ~24K points, which is part of the problem. Not much to do with them. We have all of our travel booked for the year, but we go international at least once per year. So I think we could make use of the Singapore miles before they expire, but you never know. I don’t think we want to downgrade to the Everyday card, but I suppose that’s an option as well. Sounds like Krisflyer or Aeroplan are the best bets.

[QUOTE=”C Diddy, post: 15834, member: 1809″]I don’t think we want to downgrade to the Everyday card[/QUOTE]

I recommend you apply for a new Everyday card so you get the bonus. If you downgrade, you wouldnt get the new card member bonus