American Express Blue Sky credit card was discontinued. You are right, it offered redemptions in the form of statement credit, gift cards, merchandise and used toward travel: flights, hotel stays, car rentals, cruises, and for any travel package. However, you may choose another travel credit card with this feature. For example, consider the Discover it® Miles credit card. It comes with unlimited 1.5x miles for every dollar spent on all purchases all with no annual fee. Discover will match ALL the miles you’ve earned at the end of your first year, automatically. For example, if you earn 35,000 miles, you get 70,000 miles. That’s $700 towards travel! Miles can be redeemed as a statement credit towards travel purchases – flights, hotel stays, cruises, car rentals and more.