GlamMistress
Resident Metalhead
- Joined
- Jul 18, 2017
Devaluations scare me too especially when sitting on a huge stash. We ended up concentrated in Southwest and Marriott because it was just so easy to earn those points and those were the programs I used when I traveled for business. We almost have a million Marriott points...
Another strange thing I'll point out for some of the folks here is we consider those points part of our Emergency Fund. If we needed to I could cash out to Target gift cards (at about 50-60% of the value) and we could support our groceries and necessity items (or sell online and actually get cash). I don't recommend actually redeeming in that manner but when people are planning what points to concentrate on it's not a bad idea to understand what other options there are to convert and how those points could help in an emergency situation.
Funny you say that about the emergency fund. I said the thing to my husband about our Membership Rewards pile the other day. If it all went to seed, I could keep us alive by paying for groceries, etc with them. He looked at me like I was crazy. But it's true.