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.
With smart use of either
fixed value credit card or a general travel credit you could save a lot of money, and still enjoy a nice getaway.
That means 10,000 points will always be worth $ 100 in travel rewards (or cash rewards) with
a fixed value credit card.
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.
Apparently, the client had consolidated his
credit card debts years earlier with a
fixed rate loan but had inquired about his developing refinance options due to his house
value that had increased its
value significantly over the last few years.
Most of the
credit cards and home line
credits with up - and - down variable rates have a
fixed specified prime rate index together with a margin
value commonly called as «spread» or «margin».
Points may be redeemed towards rewards that involve
fixed -
value travel rewards, gift
cards, or statement
credits.
Something to think about is that the
Fixed Value Rewards
cards are very similar to the Cash Back
credit cards.
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 ®.
I have recently gotten into looking at
fixed value and cashback - like
credit cards.
The Chase Sapphire Preferred ®
Card earns Ultimate Rewards points which can be used liked
fixed value points for statement
credits, etc..
I would classify that as a
Fixed Value Points
credit card as it is not a travel points
card (as I have defined it).
(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.
A good example of a
fixed value card vs a transferable
credit card can be found here.
Fixed value points
credit cards have the same redemption rate regardless of when you travel and how you travel.
A never ending debate when it comes to rewards
credit cards is «are
fixed value points or transferable points are more valuable?»
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.
Cards like Spark Miles and Arrival Plus only offer
fixed -
value redemptions for statement
credits, while the AAdvantage Platinum Select
card earns miles that can only be redeemed via American Airlines.
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.
It's not what we would traditionally call a
fixed value card, but it operates as one because of its yearly travel
credit.
You can't buy variable load gift
cards ($ 20 - $ 500) with
credit cards, only the
fixed value gift
cards ($ 200).
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.
In fact, in the current
credit card marketplace in Canada, most Canadians would do much better by carrying a
fixed value card, such as the Scotiabank Amex, or BMO World Elite or MBNA World Elite
cards.
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.
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.
Promoted from Teller position to Member Service Representative April 2003 Established
credit union memberships Opened savings, checking, individual retirement, and certificate of deposit accounts and explained options of each to member Prepared all paperwork and assisted members in signing of documentation Cross sold and created Visa check
cards in branch Responded to members» questions and concerns via phone queue and online communucation center Opened safety deposit box accounts Performed daily maintenance of the loan applicant database Entered and submitted applications to the loan officers for review and status decision Educated members on the variety of loan products and payment protection options Maintained up - to - date knowledge of
credit union products and policies Exceeded cross sell percentage goals with consultative,
value - focused customer serviceapproach Exceeded marketing goals by cross selling various
credit union products and services Provided back - up for other member service representatives and tellers when needed Maintained dormant account log Executed check orders Back - up for Managers with vault combinations Prepared and executed settlement documents for the following loan products: Home equities (
fixed rate and HELOC's), ordered appraisals and flood certificates Auto loans Unsecured lines of
credits VISA
credit card lines.