Lets face it.. we've all been asked the fixed question, "do you have a ________ card?".
From Shoppers Drugmart, to Chapters- it seems as if every company has a rewards program these days, and its hard to differentiate from the good ones, and the bad ones.
Loyalty reward cards DO have the potential to save you money, IF you know how to use them. Most companies reward with such diminutive amounts of points that it seems as if it takes a lifetime to earn $5, however if you shop on the right days, and for the right products- rewards cards will pay off.
For Example, Shoppers Drugmart's Optimum card works like this,
At 10 points per dollar, It would take you about $1500 to save $25. However, if you shop on a 20X the points day, it will only cost you $75 to earn $25- Now thats a deal!
