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[Presto] Spend at least $25 and Earn a $5 Credit

  • Last Updated:
  • Nov 27th, 2022 5:25 pm
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Aug 12, 2018
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[American Express] [Presto] Spend at least $25 and Earn a $5 Credit

Spend at least $25 in qualifying adult fare purchases with your registered Card by tapping your Card or using your mobile wallet linked to your registered Card at eligible PRESTO devices at GO Transit and UP Express from 06/10/2022 to 31/12/2022 and earn a one-time $5 statement credit. Registration cap applies. Terms apply.

Interesting as I haven't seen a Presto based deal before on AMEX. Pretty decent if you commute or need to make a one-off commute via GO.

Got this on the Aeroplan Reserve.
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Thread Summary
Terms:
OFFER TERMS
Only the first 60,000 cards to be successfully registered are eligible for the offer.
The registered Card account must be in good standing. Must first register your Card to the offer and use same Card to make qualifying purchase(s) by 31/12/2022. Date format is DD/MM/YYYY. A purchase made during the offer period prior to registration of your eligible Card in this program is not a qualifying purchase. Your registration of an eligible American Express Card for this offer extends only to qualifying purchases on that Card.
To be eligible for a $5 (CAD) statement credit, one single qualifying purchase or cumulative qualifying purchase(s) that total at least $25 (CAD) after taxes and applicable fees, must be charged to your registered Card by tapping your registered Card or mobile wallet linked to your registered Card at an eligible PRESTO device at GO Transit and UP Express locations in Canada during the offer period and subsequently posted to your account. In the case of a purchase made during the offer period, it may not qualify if the registered Card is charged by the merchant on a different date (for example, on the shipping or delivery date), and that date occurs after the offer ends.
*Offer valid only at eligible and tap enabled PRESTO devices at GO stations and UP Express locations. When you use your registered Card to tap to pay at eligible PRESTO devices at GO Transit and UP Express you will be charged the Adult fare. Special rates including senior citizen and youth rates will not apply when using eligible PRESTO devices. Tap off at the end of each trip for GO Transit and UP Express to avoid additional charges. See Amex.ca/onthego for more information. This offer is not valid on purchases made at PRESTO vending machines. Excludes purchases of PRESTO cards, PRESTO E-Tickets or physical tickets, and purchases made online, by phone, or through third party vendors. If you are not able to tap your registered Card or mobile wallet linked to your registered Card for payment your transaction will not be eligible. Purchases must be made in CAD. Offer is non-transferable. You can earn a maximum of $5 (CAD) in statement credit/s per registered Card during the offer period.
Statement credit will be applied to your registered Card account within 90 days after 31/12/2022, provided that American Express receives information from the merchant about your qualifying purchase(s). American Express may not receive information about your qualifying purchase from the merchant until all items from your qualifying purchase have been provided/shipped by the merchant. Statement credit may be reversed if qualifying purchase(s) is returned/cancelled. If American Express does not receive information that identifies your transaction as qualifying for the offer, you will not receive the statement credit. Unless expressly stated otherwise in the offer, the following transactions are not qualifying purchases for this offer: purchasing a merchant’s goods through a third party, such as through concession stores in department stores, payment account or service of a third party, a card reader attached to a mobile phone, online aggregators that sell goods of other merchants or if the merchant category is otherwise not identified. A statement credit does not constitute a payment and does not satisfy the requirement to pay the minimum due on a credit card. The Basic/Primary Cardmember must continue to make separate payments of at least the minimum due in accordance with the Cardmember agreement and account statement applicable to their registered Card account.
In the event that you replace your registered Card through Amex Bank of Canada or other participating American Express card issuer (as applicable) during the offer period, your participation in this offer will end and you will need to re-register for this offer.
For full terms that apply to registering your Card in the program, see Program Terms.
79 replies
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Jan 11, 2020
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Torontois @ 宇宙中心
OFFER TERMS
Only the first 60,000 cards to be successfully registered are eligible for the offer.
The registered Card account must be in good standing. Must first register your Card to the offer and use same Card to make qualifying purchase(s) by 31/12/2022. Date format is DD/MM/YYYY. A purchase made during the offer period prior to registration of your eligible Card in this program is not a qualifying purchase. Your registration of an eligible American Express Card for this offer extends only to qualifying purchases on that Card.
To be eligible for a $5 (CAD) statement credit, one single qualifying purchase or cumulative qualifying purchase(s) that total at least $25 (CAD) after taxes and applicable fees, must be charged to your registered Card by tapping your registered Card or mobile wallet linked to your registered Card at an eligible PRESTO device at GO Transit and UP Express locations in Canada during the offer period and subsequently posted to your account. In the case of a purchase made during the offer period, it may not qualify if the registered Card is charged by the merchant on a different date (for example, on the shipping or delivery date), and that date occurs after the offer ends.
*Offer valid only at eligible and tap enabled PRESTO devices at GO stations and UP Express locations. When you use your registered Card to tap to pay at eligible PRESTO devices at GO Transit and UP Express you will be charged the Adult fare. Special rates including senior citizen and youth rates will not apply when using eligible PRESTO devices. Tap off at the end of each trip for GO Transit and UP Express to avoid additional charges. See Amex.ca/onthego for more information. This offer is not valid on purchases made at PRESTO vending machines. Excludes purchases of PRESTO cards, PRESTO E-Tickets or physical tickets, and purchases made online, by phone, or through third party vendors. If you are not able to tap your registered Card or mobile wallet linked to your registered Card for payment your transaction will not be eligible. Purchases must be made in CAD. Offer is non-transferable. You can earn a maximum of $5 (CAD) in statement credit/s per registered Card during the offer period.
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Alt. Savings Vehicles Data/Discussion
(4.19% - 4.03%) high-interest-cash-etfs-4-19-4-03-cad-usd-2574002/
(3.65% - 3.20%) big-6-high-interest-cash-funds-accts-3- ... d-2579841/
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DaVibe wrote: Load up the account and let the balance sit (if you don't need the $25 right away). This seems like easy money!
Damn, no TTC. Got the offer on the no-fee Simply Cash.

Check the terms and conditions, maybe I'm not reading it properly, but it doesn't seem to be that easy.
Alt. Savings Vehicles Data/Discussion
(4.19% - 4.03%) high-interest-cash-etfs-4-19-4-03-cad-usd-2574002/
(3.65% - 3.20%) big-6-high-interest-cash-funds-accts-3- ... d-2579841/
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Nov 16, 2004
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ADenariusSaved wrote: Damn, no TTC. Got the offer on the no-fee Simply Cash.

Check the terms and conditions, maybe I'm not reading it properly, but it doesn't seem to be that easy.
Yeah, you are right. I'm a little surprised to be completely honest.
I just wonder if they will TRULY keep track of a GO TRANSIT fare, versus another provider like TTC if the $25 minimum is reached.

Who wants to test it out first? lol
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Jul 29, 2004
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lol Doh, I initially thought this deal was for loading my presto card with my amex
not using my amex card at the presto point-of-sale terminal at go station lol
Last edited by JayWang on Oct 7th, 2022 9:19 am, edited 1 time in total.
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Nov 17, 2020
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Looks like the offer is only for directly tapping your AMEX Card on the Presto Fare device at GO/UP Express stations and not for recharging your Presto Card.
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Got this on Simplycash but not on Cobalt
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Just so people are aware, by directly tapping your Amex card as opposed to using your Presto card, you lose the loyalty discount that comes with using the Presto card on each trip.

For me it’s about 30-40c but you’ll still come out ahead by using your Amex card ubtil you hit the $25 min spend.
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Aug 9, 2020
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Rec'd on American Express Aeroplan Reserve, not on cobalt or bonvoy
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dpw198 wrote: Just so people are aware, by directly tapping your Amex card as opposed to using your Presto card, you lose the loyalty discount that comes with using the Presto card on each trip.

For me it’s about 30-40c but you’ll still come out ahead by using your Amex card ubtil you hit the $25 min spend.
What discount is the loyalty spend? Where can i read about it? Missed.
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dpw198 wrote: Just so people are aware, by directly tapping your Amex card as opposed to using your Presto card, you lose the loyalty discount that comes with using the Presto card on each trip.
That's not true for GO, they offer the same loyalty discount on contactless.

It's calculated based on your individual payment card though, not cumulative across your various cards. So need to pick one form of payment and stick with it for the full month to maximize the benefit, whether that's Presto or your physical credit card or your Apple Watch.
Last edited by CorSter on Oct 6th, 2022 9:08 am, edited 1 time in total.
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DoeS it have to be the Amex physical card or tapping thru Apple Pay qualifies too ?
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savemoresaveoften wrote: DoeS it have to be the Amex physical card or tapping thru Apple Pay qualifies too ?
Terms say card linked through mobile wallet qualifies as well.
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Apr 10, 2022
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Go is promoting their Presto cardless system - direct credit card tap. So this is for direct card use and not loading presto cards. Also this system is still only on Go trains and UP express - hasn't expanded to TTC.
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hostiledoor wrote: Go is promoting their Presto cardless system - direct credit card tap. So this is for direct card use and not loading presto cards. Also this system is still only on Go trains and UP express - hasn't expanded to TTC.
Also works on Brampton, Mississauga and Oakville transit systems

Ontario Making it Easier and More Convenient to Take Transit
Customers have tapped on more than 100,000 times using new credit card payment option
https://news.ontario.ca/en/release/1002 ... ke-transit
Destiny is all
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Got on cobalt but not platinum
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Edit: This is wrong, please see below responses.


Might want to check your usual fare / Presto discount before using this. For me:


Non-Presto fare (using this deal): ($9.25 * 3) - $5 = $22.75

Presto fare: $7.78 * 3 = $23.34

Using this deal results in savings of 60 cents in my case.

You also won't be contributing to # of trips for the Presto loyalty discount (85% discount if you take >35 trips in a month).
Last edited by Stagaz630 on Oct 6th, 2022 10:48 am, edited 1 time in total.
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Stagaz630 wrote: Might want to check your usual fare / Presto discount before using this. For me:


Non-Presto fare (using this deal): ($9.25 * 3) - $5 = $22.75

Presto fare: $7.78 * 3 = $23.34

Using this deal results in savings of 60 cents in my case.

You also won't be contributing to # of trips for the Presto loyalty discount (85% discount if you take >35 trips in a month).
This is wrong. Contactless payment on GO is at Presto rates, not cash rates.

Where it makes a difference is if you've gone past the initial loyalty step, or if it's going to prevent you from hitting that 85% discount.
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CorSter wrote:
This is wrong. Contactless payment on GO is at Presto rates, not cash rates.

Where it makes a difference is if you've gone past the initial loyalty step, or if it's going to prevent you from hitting that 85% discount.
Thanks, didn't realize the discount still applies. Might just use CC going forward then lol

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