simongr
Enthusiast
- Joined
- Jul 10, 2006
- Posts
- 14,307
If nothing else, Amex have reduced their cost by delaying the posting of bonus points. If bonus points aren't processed until at least October, then those who wanted to transfer them to SPG may find it is no longer worthwhile at the 1000:330 rate. If this isn't anti-competitive conduct, I don't know what is.
Conversely people may now hold onto the points and transfer to KrisFlyer which may in fact cost Amex more...