Canadians love their loyalty reward points. Whether it’s points at our favourite coffee chain or points at your neighbourhood grocer, Canadians can’t seem to get enough of them. Until recently loyalty reward points were relatively safe. Your biggest concerns were losing them to account inactivity or the reward program devaluing them. But that was then and this is now.
February 1st is the official launch date of the new PC Optimum loyalty reward program. This is the name of the rewards program merger cardholders have been anticipating for years. Loblaw and Shoppers Drug Mart announced back in November 2017 that they were merging the two popular loyalty point reward programs into one.
Can you believe 2017 is over? A lot happened in 2017 in the credit card space. Picking the top credit card stories was tough job, but luckily we’re up to the task! 2017 saw small businesses score a major win with Mastercard, Air Canada announce it’s parting ways with Aeroplan, and of course, the Equifax data breach that’s still unfolding as we speak.
It’s a reward program merger of monumental proportion cardholders have been anticipating for years. Loblaw and Shoppers Drug Mart finally announced that they’re merging two of the most popular loyalty point reward programs into one.
Starting February 1, 2018, if you’re a member of PC Plus or Shoppers Optimum, you’ll be grouped into a new points program, known as PC Optimum. Under the new program, you’ll be able to earn and spend rewards at 2,500 different store locations and online.
If you live in a major Canadian city, you should be pretty familiar with Uber. The ride-sharing company has grown exponentially in popularity over the past few years in Canada. Well now that Uber has conquered car-sharing, it has its sights set on a new market: credit cards.
Sears Canada is no more. It’s the end of another iconic retailer in Canada. The Canadian retail landscape is tough, as Target found out.
Sears Canada followed a similar death spiral as another Canadian retailer: Eaton’s. For the 65 year old franchise, the writing was on the wall for Sears Canada for a long time. Unfortunately, for its remaining 12,000 loyal employees, it means they’re without a job before the holiday season.
