What Canadian credit card offer the best cashback per points price/value?

Question

I discovered today that President`s choice master card offer $20 cash back after 20000 points.I wonder if there is any other Canadian credit card that can do better$

Answer 1

PC isn't bad, you get 10 points for every dollar spent and can redeem 1,000 points for one dollar after you've accumulated 20,000.

http://www.pcpoints.ca/en/index.asp

Example, if you spent $100 you will accumulate 1,000 points which can be redeemed for $1. Basically we're talking about a 1% cashback program here (possibly 1.5% - I'm not sure if it's an EXTRA 5% for shopping at Presidents Choice participating stores).

I like the Citi "Drivers Edge" card, which has 2% which can be put against the purchase of a new or used car.

http://www.citibank.com/canada/cards/eng...

or the Citi Petro-Canada card which offers $0.02 off every litre of fuel (when gas was below $1.00/L this was a better deal at about 2%, now it's closer to 1.5%).

There's also the Amex "BlueSky" rewards card which essentially offers 1.25% back on rewards, primarily focused on travel.

https://www212.americanexpress.com/dsmli...

Shop around, decide what sort of rewards you are after. Just don't forget that at 1 or 2% you'll need to spend $100,000 to get that $1,000 or $2,000 in rewards, so its going to take a little while.

Answer 2

Canadian Tire's OPTIONS Master Card is not bad either. I think its better than President's choice, I guess.