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Add a Deal Alert for Amex|"American Express" Gold bonus|reward|points and get notified of deals like this in the future.
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Amex points aren't "on" any specific MR card so nothing to transfer-- you have a single MR account that all your MR cards feed into and as long as you have at least 1 MR earning card those points stay alive.
To get the higher cashout rate of the schwab plat card you just need to open (or already have open) that card.
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I referred my wife so as a household this is actually better than the 100k offer I was about to have her sign up for.
To get the higher cashout rate of the schwab plat card you just need to open (or already have open) that card.
You need the platinum schwab card.
It's $695, but there's a 100,000 MR signup bonus plus like $1000 in various other credits that you'd get, so not sure why it'd be a no-go.... (plus potentially another $100-$200 a year credit based on the amount of holdings you have at schwab)
Mind you this primarily makes sense for people who simply do not travel significantly-- in which case they can cash out all their Amex points at 1.1 cents per point-- instead of the routinely higher value you can get using them for travel.
For those folks- what makes the most sense is run through all the Amex MR signups you can across all the various MR cards... and THEN do the platinum Schwab to cash it all out.
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