Normally the worst of values, Amex is selling $50 iTunes GC for 4117 MR points. While Dan and others might value them at more, the selling value is around 1.25 each. If someone uses iTunes GC a lot, value is pretty good here (IMO)
Since iTunes is constantly available @ 15-20% off, this is a terrible value even for people selling @ 1.25.
Funny how when I posted I thought I might get slammed. While yes, Costco and others sell them at a discount, there are people that might prefer using existing points to Cash.
Which part is confusing?
But then its really like cashing out at 1 cent per point