Posted on January 14, 2010.
What credit cards offer the best cashback price points / value? I discovered today that the President of the offer the choice Mastercard $ 20 cash back after 20,000 points.I wonder if there is any other credit card in Canada that can raise $
PC is not bad, you get 10 points for every dollar spent and can redeem 1000 points for a dollar, after you've accumulated 20,000.
http://www.pcpoints.ca/en/index.asp
Example, if you spend $ 100 you earn 1,000 points that can be redeemed for $ 1. Basically we are talking about a program of 1% cashback here (perhaps 1.5% - I do not know if it's an extra 5% for shopping at participating stores President's Choice).
I like the Citi "Drivers Edge card, which has 2% that can be used to purchase a new car or used car.
http://www.citibank.com/canada/cards/eng ...
or Citi Petro-Canada offers $ 0.02 off each liter of fuel (when the gas is below $ 1.00 / L was a better deal at about 2%, it is now closer to 1, 5%).
There is also the Amex "Blue Sky" rewards card that offers most of 1.25% back on rewards, focusing on travel.
https: / / www212.americanexpress.com/dsmli ...
Shop around, decide what kind of rewards you are looking for. Just do not forget that at 1 or 2%, you will need to spend 100,000 dollars to get that 1000 of $ 2000 U.S. dollars in rewards, so its going to take some time.
Canadian Tire Master Card OPTIONS is not bad either. I think the best the President's Choice, I suppose.