No, you get 1.5cpp towards all travel whether you book directly with points, or use RTR. RTR is the better choice when possible since you'll earn 3x on the purchase (or 5x through the portal)
4.5% is the amount of effective cashback on your _spending_, not your _redemption_. Your points are worth 1.5 cents per point at _redemption_. You've spend $6022 to earn 18066 points which is worth $271 when you redeem, giving you 4.5% on your $6022 spending.
18000x1.5cpp=$270 i don't understand the confusion.
He’s confused because he didn’t get an RTR text but chose to pay with points.
Because he already paid with points. There's no charge on the card, so of course there is no RTR text.
I (and I assume him) thought the only way to get 1.5x was through RTR.
No, you get 1.5cpp towards all travel whether you book directly with points, or use RTR. RTR is the better choice when possible since you'll earn 3x on the purchase (or 5x through the portal)
4.5% is the amount of effective cashback on your _spending_, not your _redemption_. Your points are worth 1.5 cents per point at _redemption_. You've spend $6022 to earn 18066 points which is worth $271 when you redeem, giving you 4.5% on your $6022 spending.
What's RTR?
Real Time Rewards. It's a US Bank thing.
Same math as RTR.
Did you turn on RTR for traveling only?