Fixed value points credit cards have the same redemption rate regardless of when you travel and how you travel.
I would classify that as
a Fixed Value Points credit card as it is not a travel points card (as I have defined it).
Not exact matches
You could, of course, use
points from a
fixed value travel card that offers «travel
credit» like the Barclaycard Arrival Plus, but booking through the Chase Ultimate Rewards portal is often just as good.
Let's start at the easiest spot, and that is assigning a
value to
credit card
points that already have an actual
fixed value.
Points may be redeemed towards rewards that involve
fixed -
value travel rewards, gift cards, or statement
credits.
There are
fixed - rate cards that allow you to redeem
points at a
fixed value for statement
credits against travel expenses, such as the Discover it ® Miles Card and the Barclaycard Arrival Plus ™ World Elite MasterCard ®.
The Chase Sapphire Preferred ® Card earns Ultimate Rewards
points which can be used liked
fixed value points for statement
credits, etc..
(See also: Best 5
Fixed Value Points & Rewards
Credit Cards in Canada Compared)
If you don't have much flexibility and aren't finding the flights you need to get home for the holidays with traditional airline miles, then turn to your
credit card
points that can be used at a
fixed value toward travel.
That means 10,000
points will always be worth $ 100 in travel rewards (or cash rewards) with a
fixed value credit card.
A never ending debate when it comes to rewards
credit cards is «are
fixed value points or transferable
points are more valuable?»
Since
points can only be redeemed for statement
credits, their
value is
fixed.
Points earned with the Barclays NFL card have a
fixed value of one cent each when you redeem them for cash back in the form of statement
credits.
I believe that based on the Canadian
credit card market in 2015, most Canadians would be best to earn cash back, or some sort of
fixed value return, rather than
points, for their
credit card spend.
For both these types of collectors, earning a
fixed value through a
credit card is much better than earning
points and miles.
If you're only going to redeem for a
fixed value of 1 cent per
point — or even 1.25 cents per
point — you might as well skip having a premium
credit card and instead use a card like Barclays Arrival Plus World Elite card or the Fidelity Investment Rewards American Express, since either of those cards will give you 2 cents per dollar spent on everything.
Even with a mix of regular 1x spend coupled with bonused spend ranging from 2x - 5x, depending on what you're putting on your
credit cards, it could make sense to use pay with
points instead of a 2x
fixed value or cash back
credit card.
Fixed value like the Cap One venture / Arrival Plus: These
points are tied to your
credit card and you MUST use them before closing the card.
Then in March I gave some tips on maximizing
fixed -
value travel rewards
points by redeeming for statement
credits against hotel reservations made directly with the hotel, in order to earn hotel loyalty
points and stay and night
credits towards elite status.
I say this is really a cash back card since the
value of the rewards
points is
fixed and will come back to you as a statement
credit.
That's actually why I suggest the Barclaycard Arrival as one of the top travel
credit cards out there, because you earn 2X miles per $ 1 on all purchases and you can redeem them for travel — pretty much any travel that you can't normally redeem airline miles or hotel
points for, such as rail tickets, car rentals, even the fees and taxes on award tickets — at a
fixed rate of 1 cent per mile plus a 5 % mileage refund, and know you're getting a very decent
fixed value or 2.2 % back on your spending.
I like to search for the best airfare prices using Google Flights, and then you can purchase your tickets with
fixed value credit card
points, such as those from Barclaycard Arrival Plus World Elite Mastercard at a rate of 1
point = 1 cent.
The Capital One Venture Rewards
Credit Card is among the best fixed - value points credit
Credit Card is among the best
fixed -
value points credit credit cards.
While many people think of
credit card travel insurance as a primary auto coverage policy, certain cards will cover the
value of the
points expended on a trip at a
fixed value.