Some people enjoy travel rewards cards, but I prefer either cash back or points towards free groceries.  I even redeem AirMiles for free gas.

I’ve written before about how I maximize my credit card rewards.  The way I see it, if I am going to spend the money anyways, I might as well get something in return.

Using The PC MasterCard

My main credit card for monthly purchases is the PC MasterCard, which gives me 10 PC Points for every $1 spent.  So far this year I have earned over 180,000 PC Points, which is worth $180.  I redeem the points for groceries, diapers, and other baby supplies at our local Superstore.

So how did I maximize my rewards?  I started by changing the way I pay my monthly bills and my regular expenses.

In the past, after I got paid I would proceed to pay bills online through my chequing account.  I rarely used cash, but would use my debit card for all of our other monthly expenses like groceries, gas, clothes, and entertainment.  Now I pay for everything I can with my PC MasterCard:

Automatic Monthly Payments

  • Electricity and Gas
  • Water and Sewer
  • Cell Phone
  • Cable/Satellite TV
  • Internet
  • Auto Insurance

Regular Monthly Expenses

  • Groceries, cleaning, baby supplies
  • Entertainment
  • Gas

How To Get Free Groceries

I end up spending around $2,000/month on my credit card, which gets me 20,000 PC Points, or $20 in free groceries each month.  That doesn’t sound like a lot, but it adds up over time.  Add in bonus offers for purchasing items at Superstore, and the points accumulate quickly.

I know there are other rewards cards out there that pay 2 percent cash back or higher, but I notice that most have quite a few stipulations about shopping at participating locations, etc.  Plus, I don’t spend nearly as much on my credit card as some people who travel for business, and I don’t want to pay an annual fee either.

Using a credit card responsibly is a great way to put a few bucks back in your pocket by spending money that you were going to spend anyways.  I don’t really care about the credit card interest rates offered since I don’t plan on paying any interest.

Which is a reminder to pay off your balance in full at the end of every month, or your rewards strategy will backfire quickly.

Do you use a credit card for all of your monthly expenses so you can get free groceries or cashback rewards?


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