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As such, since July 4, 2024, adjustments have been made so that products purchased with VIA Préférence points no longer require the payment of taxes in cash or by card. Consequently, the temporary 30% reduction applied to all redemptions since the launch of the redesigned program – in effect until adjustments were to be made – came to an end on July 3, 2024.
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You can purchase train tickets with your VIA Préférence...
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Nov 18, 2023 · However, you’ll soon have to pay taxes and fees on redemptions, although the amounts aren’t yet known. The taxes will be calculated based on the dollar amount of the products purchased with points, which means that you’ll pay more in taxes if you redeem points for a ticket that’d have cost $1,000, than you would for one that’d have ...
You can purchase train tickets with your VIA Préférence points online. If you have enough points for your selected trip, you will be given the option to use your points as method of payment during your online booking process. You can also redeem your points by phone. Call the VIA Préférence Service Center and one of our agents will be happy ...
Earn 1, 2 or 3 points per dollar spent. Préférence level members earn 1 point per dollar spent on eligible products, before taxes. The higher your tier, the faster you accumulate points: Privilège members earn 2 points per dollar spent and Premier members, 3 points. And remember—points are earned by the member who travels, no matter who ...
New VIA PREFERENCE program -. TLDR: This does not look good: VIA Preference was Canada's best frequent traveler program: Of note from the email: Use fewer points when fares are lower: This usually means use more points when fares are higher (ala Air Canada) Reward trip refunds and exchanges: now under same rules as paid bookings: I LOVED the ...
Great, dynamic pricing for point redemption. There goes the value of using them right down the drain! On top of that, we need to pay taxes for points as well, and they are not longer refundable unless you get a refundable fare? These are all changes in the wrong direction. It's like booking with Air Canada now.
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Why do I have to pay taxes on my Rewards purchases?
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Should I use fewer points if fares are lower?
The looking at redemption rates, they are valuing the points at about 18 cents. In my mind, if you buy ahead of time you could land a round trip for potentially a similar number of points. You will need to pay taxes. I've attached some screen shots. Those ho used these for last minute booking are loosing out here as fares can really jump.