If the benefits of elite status are something that you value, it may be worthwhile to focus on
earning fixed value points to book revenue tickets while simultaneously working your way to the status you desire.
Not exact matches
If you exchanged your Chase Ultimate Rewards
points for cash to purchase the ticket, or if wanted to use
fixed -
value points worth one cent each — such as miles you can
earn with the Capital One Venture card — you would need 120,000
points to cover the whole trip.
Ultimate Rewards (
earned from the Sapphire Reserve / Preferred) can be used at a
fixed -
value when booking through UltimateRewards.com but can also be worth more when transferring to travel partners like Hyatt or United where you pay a
fixed number of
points in those programs which are not dependent on the cash cost of that room / flight otherwise.
The combination of good
earning power and a tiered reward chart allows for potentially higher overall
value than other
fixed -
value point currencies.
The redemption
values are
fixed, so you'll either
earn one cent per
point for cash or gift cards, or 1.12 cents per
point toward travel.
Redeeming JetBlue
points for the highest
value after
earning them with this card is a little more challenging than on some other airlines, since there are no
fixed -
value awards for flight redemptions.
Ultimate Rewards (
earned from the Sapphire Reserve / Preferred) can be used at a
fixed -
value when booking through UltimateRewards.com but can also be worth more when transferring to travel partners like Hyatt or United where you pay a
fixed number of
points in those programs which are not dependent on the cash cost of that room / flight otherwise.
Points earned with the Barclays Apple card have a
fixed value of one cent each when redeemed for cash back in the form of gift cards.
If you are looking into
fixed -
value rewards cards,
earning points or miles won't really make a difference.
The redemption
values are
fixed, so you'll either
earn one cent per
point for cash or gift cards, or 1.12 cents per
point toward travel.
Everyone else says their card
earns miles, but in reality
Fixed Value cards
earn proprietary
points which are worth around 1 cent per
point.
The combination of good
earning power and a tiered reward chart allows for potentially higher overall
value than other
fixed -
value point currencies.
The Chase Sapphire Preferred ® Card
earns Ultimate Rewards
points which can be used liked
fixed value points for statement credits, etc..
In theory,
earning and redeeming
points at
fixed rates enables the airline to offer award space at all times without restrictions — there's no way to game the system, and the
points have a lower
value that more closely tracks the accounting liability they create.
There are no cards in Canada that specifically
earn points in a car rental company frequent renter program, so to
earn rental car discounts would have to be through redeeming
fixed value rewards for those.
If you're
earning points as a
fixed asset, the
value of the
points is typically preset and can not be manipulated.
Redeeming JetBlue
points for the highest
value after
earning them with this card is a little more challenging than on some other airlines, since there are no
fixed -
value awards for flight redemptions.
The
points you
earn with the QuicksilverOne card have a
fixed value of one cent each when redeemed for cash back.
You do not
earn airline miles with this card, you
earn fixed -
value points (the aforementioned
points that act like money).
ThankYou
points earned with the Preferred card have a somewhat
fixed value.
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.
Miles and
points -
earning cards will always have the advantage of having the potential of being much more valuable since miles /
points aren't a
fixed -
value currency and can fluctuate.
However, if you consider that you
earn a
fixed 1.5
points per dollar, then you are essentially getting 1.5 cents in
value back per dollar spent.
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.
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.
Fixed value points can serve a purpose, and I do collect them, but for beginners who want to travel internationally and / or in business / first class, it's important that you start
earning transferrable
points, or airline miles, first.
Wyndham Rewards is a high -
value hotel rewards program (even awarded as the best) and having more attractive upper - midscale hotels available to
earn points or book a the
fixed rate of 15,000
points per night in big cities makes the program even more attractive!