"Fixed value points" refer to specific points or values that do not change or vary.
Full definition
If you want a stash of
fixed value points for domestic economy redemptions, then build up a nice supply of them alongside the Membership Rewards you use for international premium cabin trips.
With fixed value points, you simply search for the ticket you want, and book it like you would if you were paying out of pocket.
When you
use fixed value points, you are generally paying for the ticket or room first and redeeming points later.
There are a few reasons why the Canadian cash back /
fixed value points cards line up well with US cards in terms of consumer offerings.
The Chase Sapphire Preferred ® Card earns Ultimate Rewards points which can be used
liked fixed value points for statement credits, etc..
Fixed value points don't get as much attention in the blogosphere and aren't as useful for super glamorous redemptions, but they can still serve a very valuable purpose in your overall rewards strategy.
You'll want to look into your home airport, and the places you fly to on your demand schedule and see if Southwest can work for you, or if you'd rather
collect Fixed Value points in another program.
These flexible,
fixed value points allow you to cancel your flight, even the day of travel, and get your points redeposited.
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.
I believe that the cashback /
fixed value points programs are probably the most comparable in terms of rewards between Canad and the US.The simple reason, I suspect, is that it is very easy for a bank to offer a cashback type of program to consumers.
If you have a stash
of fixed value points you can have the best of both worlds — save your transferable points and airline miles for more valuable redemptions and save your cash at the same time.
The Chase Sapphire Preferred ® Card earns Ultimate Rewards points which can be used liked
fixed value points for statement credits, etc..
Fixed value points don't get as much attention in the blogosphere and aren't as useful for super glamorous redemptions, but they can still serve a very valuable purpose in your overall rewards strategy.
It would take at least 100,000 Arrival miles or
fixed value points to get the same booking.
Fixed value points can be easier to use, but you can get MORE VALUE with transferable points, like the Chase Sapphire Preferred's Ultimate Rewards.
I think it's important to diversify your miles and points, so having
fixed value points is a plus, but if I had to choose, I would focus on transferable points, because that's where you can get more value from your points.
However,
fixed value points can be good for trains, taxis, b & bs, and taxes on award tickets.
There is a great way to add simplicity and flexibility to your travel rewards portfolio:
fixed value points.
There are four major categories of travel rewards programs: transferable points, airline miles, hotel points, and
fixed value points.
It would take at least 100,000 Arrival miles or
fixed value points to get the same booking.
What you want is
a fixed value points card, which is not the focus of this article.
If you are «regular» folk, probably live near a big city and probably travel on 1 or 2 family trips each year, I would suggest
a fixed value points or cashback card for your needs as you get a set value in return and you have flexibility to use those points as you wish.
Also, just note that the Westjet card is
a fixed value points card and not a «Travel points» card as I have defined it in this article.
(See also: Best 5
Fixed Value Points & Rewards Credit Cards in Canada Compared)
«But, keep in mind that cash back and
fixed value points are not the best way to get big travel with small money.»
Fixed value points can be easier to use, but you can get MORE VALUE with transferrable points, like the Chase Sapphire Preferred's Ultimate Rewards.
Fixed value points and transferable points will both allow you to book award travel.
However,
fixed value points can be good for trains, taxis, b & bs, and taxes on award tickets.
A good example of
a fixed value points travel rewards card is the Barclaycard Arrival Plus ® World Elite Mastercard ®.
A never ending debate when it comes to rewards credit cards is «are
fixed value points or transferable points are more valuable?»
I think it's important to diversify your miles and points, so having
fixed value points is a plus, but if I had to choose, I would focus on transferable points, because that's where you can get more value from your points.
Paid booking using
fixed value points — these programs offer redemptions at a predetermined value and don't require award tickets to be available since they are equivalent to making a paid booking.
There are four major categories of travel rewards programs: transferable points, airline miles, hotel points, and
fixed value points.
There is a great way to add simplicity and flexibility to your travel rewards portfolio:
fixed value points.
By offering cashback /
fixed value points, the bank never has to lower their return on the card.
Transferrable points give you more flexibility because of the multiple travel transfer partner options, and because they can be redeemed at a higher value than
fixed value points.
If you were to use
fixed value points for this flight, from say, the Capital One Venture card, you would have to have 150,000 points.
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.