Worth Using MBNA Smartcash Over Citibank's PetroPoints & PC Financial MC's?
Hi Everyone!
I've been using a longtime user of the Citibank PetroPoints Mastercard credit card at PetroCanada gas stations and PC Financial Mastercard credit card at No Frills grocery store and the odd time Loblaws or Real Canadian Superstore grocery stores.
The main advantage of Citibank's PetroPoints MC was saving 2 cents per litre on gas and when I have the Fuel Savings Reward card to save another 5 cents per litre(after redeeming my 15,000 points of course), I can save 7 cents per litre. With gas now over $1 per litre, the credit card gives me <2% savings, with potential for another <5% savings from the Fuel Savings Reward Card. Plus I get 10 PetroPoints on top of that for every $1 I spend. So 2 benefits for purchasing gas. How does MBNA Smartcash compare to its 3% savings on gas? Is it worth using the MBNA when buying gas at PetroCanada? I suppose its worthwhile when buying from other gas stations.
Also I use PC Financial Mastercard at No Frills, Loblaws, Real Canadian Superstore mainly since I already have a sum of points there but have not used. I can start redeeming $20 in groceries by using 20,000 PC points (after spending $2000 to earn them). So in essence $10 for $1000 spent or 1% in rewards. I guess its better to use MBNA Smartcash to obtain 3% cash back at these and other grocery stores then? I guess this is without factoring in any extra bonus points when you bring in your PC Green shopping bag.
Any ideas on whether its worth it to use MBNA in either or both situations? It sure is comforting to know MBNA gives 3% on gas & groceries and 1% on everything else! Just looking to find the best ways to maximize returns or rewards at PetroCanada gas stations or others and NoFrills and other grocery stores.
Any ideas would be great!
I've been using a longtime user of the Citibank PetroPoints Mastercard credit card at PetroCanada gas stations and PC Financial Mastercard credit card at No Frills grocery store and the odd time Loblaws or Real Canadian Superstore grocery stores.
The main advantage of Citibank's PetroPoints MC was saving 2 cents per litre on gas and when I have the Fuel Savings Reward card to save another 5 cents per litre(after redeeming my 15,000 points of course), I can save 7 cents per litre. With gas now over $1 per litre, the credit card gives me <2% savings, with potential for another <5% savings from the Fuel Savings Reward Card. Plus I get 10 PetroPoints on top of that for every $1 I spend. So 2 benefits for purchasing gas. How does MBNA Smartcash compare to its 3% savings on gas? Is it worth using the MBNA when buying gas at PetroCanada? I suppose its worthwhile when buying from other gas stations.
Also I use PC Financial Mastercard at No Frills, Loblaws, Real Canadian Superstore mainly since I already have a sum of points there but have not used. I can start redeeming $20 in groceries by using 20,000 PC points (after spending $2000 to earn them). So in essence $10 for $1000 spent or 1% in rewards. I guess its better to use MBNA Smartcash to obtain 3% cash back at these and other grocery stores then? I guess this is without factoring in any extra bonus points when you bring in your PC Green shopping bag.
Any ideas on whether its worth it to use MBNA in either or both situations? It sure is comforting to know MBNA gives 3% on gas & groceries and 1% on everything else! Just looking to find the best ways to maximize returns or rewards at PetroCanada gas stations or others and NoFrills and other grocery stores.
Any ideas would be great!