Air Miles Shops - 25x Miles Event
- Deal Link:
- March 22, 2017
- Air Miles
Similar to the event back in December 2016, but now increased to 25 times the miles!
What is the actual cashback? Using the cash miles ratio, each mile is worth 10.5c.
If you buy $40 worth of items on Amazon.ca, you get 50 miles.
50 miles * 10.5 cents = $5.25
$5.25 / $40 = 13.125% cash back!!!
My example above only included Amazon.ca which didn't have any 2x, 3x, 5x multiplier so the value is increased for many other shops (e.g. 3x for Ebay.ca).
Even if you disapprove of Air Miles after the whole expiry fiasco, these kind of events aren't that bad if you're 100% into cash miles -- you know exactly what your return is.
A great reminder by lcmt on reading the terms and conditions! Here's the one for Amazon:
Remember there is restriction. Not all categories qualify for AM. Also, you need to spend multiple of $20 in order to maximize the return.
"Please note: AIR MILES® reward miles will not be earned on Amazon Gift Cards, Books, eBooks, Groceries, Automotive supplies, Tools & Home Improvement, books, or Kindle devices or Kindle eBooks."