PC Financial World Elite MasterCard $20 + $100 Gift Card Freebie + Shoppers Drug Mart Bonus!
The PC Financial World Elite MasterCard is perhaps the best no annual fee grocery credit card out there. It offers 3% cash back (PC Optimum Program) when shopping at Loblaws group of stores (Loblaws, Dominion in NL, Real Canadian Super Store, No Frills, PC Mobile, and Shoppers Drug Mart) and you can redeem $10 or more towards products in their group of stores. For Loblaws shoppers out there, this card is a winner, especially since it doesn’t have an annual fee.
So what’s the freebie? If you sign up through Rate Supermarket, for a limited time you get 20,000 PC Optimum points sign-up bonus which is equivalent to $20 in free groceries PLUS a $100 gift card towards select retailers – Starbucks, Cineplex, Cara Restaurants (Swiss Chalet, Montanas, Milestones etc) or iTunes.
As an extra bonus, the points program is offering new PC Financial World Mastercard holders up to 13.5% in bonus points when buying items at Shoppers Drug Mart (until the end of 2018). Stack that with their regularly 20x bonus on weekends, and you will accumulate some serious points.
I must say that the more we focus on the PC Optimum the larger the rewards are becoming. This program will likely be the largest contributor to rewards redemptions in our household for 2018. More on this in a future post.
If you are interested, you can find more Details HERE.
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For premium credit cards, it’s hard to beat the 2% MBNA Rewards World Elite Mastercard. It’s so good that I included it in my top premium credit card compilation. Unfortunately, MBNA is devaluing the points program and increasing the annual fee. Credit Card Genius does a great job in explaining that the MBNA card is no longer the top premium credit card in Canada.
For parents out there, you have probably experienced group RESP people trying to sell you their product. In my opinion, avoid at all costs. While it’s nice to have someone take care of everything for you, it comes at a cost (ie. if you stop making payments, you will forfeit your balance). Alternatively, set up your own RESP with a simple ETF portfolio. Boomer and Echo explains in detail why you should avoid groups RESPs.
Some of the most popular posts on MDJ are the financial freedom updates. It’s where I post my progress towards the ultimate financial goal of financial freedom. In other words, when my investments pay enough in passive income to cover our family monthly recurring expenses. Mark from My Own Advisor is also well on his way to financial freedom and has set a big goal of achieving financial freedom in a little over five years!
On the topic of portfolios, one of my top dividend stock holdings is a power utility named Emera (EMA.TO). Dividend Hawk broke the news that EMA has increased their dividend once again. You can read more about the dividend increase here. You can see my top dividend holdings here.
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