I recently applied for and received a business AMEX gold card for both my wife and myself. The reward is 75,000 membership reward points after the 10K spend. Hence, I should end up with 170,000 membership reward points in total once the deal runs its course ((75k x 2) + (10k x 2)).
I'd appreciate your input on the best way to use those points. I have a daughter in grad school and I would like to convert as many points as possible to cash to provide her with tuition support. I've thought a bit about the numerous opportunities to sell points but that seems risky at best.
I apologize if this topic has been covered extensively before. What is the best way to maximize the amount of cash received for 170,000 membership reward points?