Canadian Personal Finance Blog

Personal Finances and Consumer Concerns, essays, stories, examples and how to articles with a distinctly Canadian Point of View
January 23rd, 2006

Money: Why aren’t you getting something for nothing?

Our Moosey friend over at Free Money Finance had a good posting about the top 6 store givebacks. Made me wonder how much I have made using my PC Financial Card (remember a while back I posted What is In It For Me about using it).

To quote Frank Barrone, “Holy Crap!”, I have been using the card for 9 months, and I have earned over 639,000 points and every thousand points is $1 of groceries at Loblaws or of it’s affiliated stores. Wow! Now I got a cheap bump of about 100,000 points for transferring my Petro-Points over there, but still, that is the most I have ever got back from a Credit Card in a year.

It really does work, if you are skeptical, I guess is what I am saying today. A good way to reduce debt, is to get more money, and you can get more money, by using a Credit Card that pays you for using it!

Remember to also read the Carnival of Debt Reduction here as well!

Holy Crap! –C8j

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2 Responses to “Money: Why aren’t you getting something for nothing?”

  1. If I remember right, you get 10 points/$ spent. That means you’ve spent more than $50k on your credit card over the last 9 months!

  2. Big Cajun Man Says:
    January 31st, 2006 at 6:41 AM

    I think they are giving me 100 points for every dollar bought in Loblaws stores, I don’t think I spent that much, but anything is possible?!?!? I know for the bank accounts you get 10 points per dollar, I think you get a better deal with the Credit Card (why, I wonder :-)

    –C8j

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