10,000 Membership Rewards points are worth $100 with Flexible Points Travel.
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| Redemption option | Value per point | 10,000 points |
|---|---|---|
| Fixed Points Travel | up to 2¢/point | — |
| Transfer to airline partners | 1.48¢ – 3.96¢/point | $148 – $396 |
| Flexible Points Travel | 1¢/point | $100 |
| Statement credits (cash) | 1¢/point | $100 |
| Gift cards | up to 0.8¢/point | up to $80 |
| Amazon.ca and PayPal | 0.7¢/point | $70 |
| Transfer to hotel partners | 0.62¢ – 0.82¢/point | $62.40 – $81.60 |
Rates checked November 13, 2026. Fixed rates are the program’s own. “Up to” values come from fixed-points charts: the maximum fare divided by the points. Ranges are WalletReturn estimates, explained on the page. Programs can change rates at any time; check before you redeem.
WalletReturn is an independent Canadian comparison site. Values are estimates; confirm current terms with the provider. Commission never changes rankings. Methodology · Advertising disclosure