Based on Enrich Saver rates on MAS and their published full fares, I calculated the miles using a RM1.25 to 1 mile conversion ratio (CIMB overseas spend), and the ROI for each RM1 spent is basically 3% discount in flight fares.

Business class redemption isn't so great any more either, so the credit card points racking is no longer so worth it.

Any better conversion rates out there ?