With so many items being made transformable back and forth for the sake of improving user friendliness, this idea makes sense.

It would make it less annoying and less of a bother for UAs if someone mis-clicks and picks the wrong totem on accident, and it would give users more room to change their mind with their loyalty totem rewards.

I can't see why not.

Seems simple enough, support. What is presumably a small amount of coding work now (I don't know much about coding tho so IDK) could potentially save work in the long run (Since I imagine people have to send in tickets to fix their mistakes right now)

This is a good suggestion. It works since it’s all account-bound anyway, and your point about user error makes sense too. Support!