I'm closing my AmEx card account in preparation for a home loan application. The points has to be spent somehow. If I transfer it, what is the best option regarding rate and choices? AmEx website listed the following:
AIR NEW ZEALAND
Air New Zealand
ASIA MILES
Asia Miles
Emirates | Skywards
Emirates Skywards
ETIHAD
Etihad Guest
Enrich BY MALAYSIA AIRLINES
Malaysia Airlines
SINGAPORE AIRLINES KRISFLYER A STAR ALLIANCE MEMBER
Singapore KrisFlyer
ROYAL ORCHID PLUS
Thai Royal
Orchid Plus
Virgin Australia
Velocity
P.S. I'm a silver member of Qantas - don't know if that means something to my strategy.
It depends how many points you have and what you want to get out of it. If you only have a small balance, Velocity is probably the one that will give you the most options.