The Chase Sapphire Preferred ® Card earns Ultimate Rewards points which can be used
liked fixed value points for statement credits, etc..
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.
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.
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.
Programs
like Southwest Airlines, which allow you to redeem
points at something close to a
fixed value, will be particularly affected by this change.
The real
value is using transferable
points like Amex Membership or Chase Ultimate Rewards
points because you can use them for premium flights and hotels, and they don't have a
fixed value.
You do not earn airline miles with this card, you earn
fixed -
value points (the aforementioned
points that act
like money).
A cash back card is a lot
like a
fixed -
value points card: instead of getting one
point (worth one cent) for every dollar you spend, you simply get one cent back from every dollar you spend.
But unlike
fixed -
value points cards,
like the Discover It card or Barclays Arrival Plus card, or co-branded airline cards, Ultimate Reward
points are flexible and more valuable since you are protected from hotel and airline devaluations.
Virgin America's Elevate rewards program has a
fixed -
value currency in which
points are treated
like they have cash
value: more
points for more expensive tickets.
Like the US Bank FlexPerks Visa, this card offers travel redemptions in
fixed tiers, so the amount of
value of your
points will depend entirely on the cost of the flights you redeem them for.
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.
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.
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.
This puts a
fixed value on UR
points instead of having a flexible model
like airline loyalty programs
If Delta adopts a revenue - based program, will they allow their
points to be used at the same
fixed value on partners
like Korean and Czech to acquire revenue tickets?
Do not collect
fixed -
value bank
points like Arrival miles or ThankYou Points for international premium cabin t
points like Arrival miles or ThankYou
Points for international premium cabin t
Points for international premium cabin travel.
In a way it's just
like paying for travel with cash, with each redemption offering a
fixed value per
point.
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.