What your points are worth
Points have a clear, fixed value, and each business sets its own earn rate.
A fixed, clear value
Points have a fixed value: 1,000 points equal $10.00 CAD, so every Loyalty Wallet Point (LWP) is worth exactly $0.01. That means 100 points equal $1.00, 500 points equal $5.00, and so on. This fixed value makes it easy to understand what your balance is worth at a glance.
Unlike programs where point value changes depending on how you redeem, Sopoints keeps it simple. One point, one cent.
Why a fixed value matters
You always know what your points are worth - no math, no surprise conversions.
Businesses can offer rewards in a straightforward way: a $5 reward costs exactly 500 points.
It is easier to compare offers and decide when to redeem.
There is no risk of devaluation - the value you earn today is the value you redeem tomorrow.
How businesses set earn rates
Each business decides how many points to award per dollar spent. The default is 1 point per dollar (1% back in value). A business running a promotion might give 2 points per dollar (2% back), while another might award half a point per dollar (0.5% back). The earn rate varies, but the point value itself does not.
When you browse businesses in the app, you can see their earn rate up front. That helps you plan where to shop if you are trying to grow your balance quickly.