I have 156,000 American Express Membership Rewards points available to transfer to CX, SQ, and/or VA (but not QF).
I have 64,000 points in my SQ account.
I have 7,000 points in my CX account.
A one way Business Class ticket from Brisbane to Rome costs 116,000 points on SQ (and a minimal cost in fees, surcharges, etc.).
A one way Business Class ticket from Brisbane to Milan costs 85,000 points on CX (plus approximately AU$350 in fees, surcharges, etc.). With my Platinum status with QF, I have access to the Cathay Pacific First Class Lounge at HKG.
Given the above, which account do you recommend I transfer my American Express points to this week, before they are devalued?
Thanks a lot everyone!