Just bought a phone (using 'hacks' on this site from Samsung), paid with AMEX (platinum edge).
While waiting for confirmation I get a pop-up asking if I want to use MR to pay at a rate of 1000pts = $6.25. Sweet I thought, normal rate since having this card (2018) has been 1000pts = $5.00, so 'must be something to do with Samsung' as I had cashed in points 2 months ago @ $5.00.
Went to the MR store and the few random things I looked at were at the $6.25 rate.
So the question is, is this a promotion or is it the new redemption rate?
Haven't heard anything about it, used to get notification of a promo ($7.50) pre-covid. Not complaining, just puzzled…
noticed this as well but I primarily use my MR for airpoints 1000pts = $6.66 so didn't bite, there was another transaction where they offered a higher rate, a restaurant payment so interested to see other comments though