I am making fully refundable bookings using points. However I’ve been avoiding transferring American Express and Chase points when I do not have to, because while awards can be redeposited into an airline frequent flyer account the points cannot usually be moved back from the airline account to Amex or Chase. When you transfer flexible bank points there is a cost in lost flexibility.
Domestic travel should be mostly doable this summer, especially for the vaccinated. We’ll likely be able to travel to hard-hit destinations with vaccination and a negative test, though countries that have quashed the virus will probably stay closed longer.










