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

More on this topic (What's this?)
What is Supercede?
Credit Card Companies Seek More Information
Credit Card Convenience Checks
How to Save and Make Money with Credit Cards
Read more on Credit Cards, Commoditization of PCs at Wikinvest

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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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