El Al Matmid points can be used for El Al and its partners flights, flights upgrades, wi-fi services and more. Note that El Al imposes high fuel surcharges on award flights. Unfortunately, you can not redeem for any airline you want. If you want to redeem your miles towards any airline tickets or other travel related purchase, it is better consider applying for a travel rewards credit card. For example, the Discover it® Miles credit card may be a good option for you.
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All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.