Paying SDM MC Using CT Options MC... How?

[theweaves_dad]

Okay I was using my CT Master Card to pay my SDM MC every month. Now that the SDM Card is BOA, I can't figure out who to pay it to. No matter who I search or anything.... Has anyone does it successfully yet?

[mrskoka]

You were right up until the 20x factor. You do NOT get multiplier points (20x in this example) on your SDM credit card.

365 days of the year (regardless of SDM promo) buy a gift card first using your SDM Mastercard and get base points for purchase ($1.00 = 10 points) and base points for using SDM credit card ($1.00 = 15 points). So as you calculated you would get 1250 points by purchasing a $50.00 SDM gift card using your SDM Mastercard.

I also have the Options Mastercard and - for my use - prefer the benefit of the SDM points and find it better value. Of course when I gas up at CT gas bar or purchase at Canadian Tire Store the Options Mastercard is the better choice.

[kristeven]

Thanks so much for this post. I recently got the SDM credit card, because of the additional points. But it never occurred to me to still buy the gift cards, but pay with the credit card. Awesome!

[theweaves_dad]

You were right up until the 20x factor. You do NOT get multiplier points (20x in this example) on your SDM credit card.

365 days of the year (regardless of SDM promo) buy a gift card first using your SDM Mastercard and get base points for purchase ($1.00 = 10 points) and base points for using SDM credit card ($1.00 = 15 points). So as you calculated you would get 1250 points by purchasing a $50.00 SDM gift card using your SDM Mastercard.

I also have the Options Mastercard and - for my use - prefer the benefit of the SDM points and find it better value. Of course when I gas up at CT gas bar or purchase at Canadian Tire Store the Options Mastercard is the better choice.

Okay gotcha about the 20x points.

I am still debating about the two cards. Like the last bill I got from SDM had just over 4000 points on it. That is worth about 5 bucks at SDM. However, the same amount of money on the bill I would have gotten over $9 in Canadian Tire money.

I guess it boils down to where you want your points to be for you to spend really.....

[theweaves_dad]

Thanks so much for this post. I recently got the SDM credit card, because of the additional points. But it never occurred to me to still buy the gift cards, but pay with the credit card. Awesome!

You are welcome! Didn't occur to us either until the bill came this month and Chris realized he was not buying gift cards anymore! Now I guess we will start doing that again!

[Insane]

Keep in mind some SDM will not allow you to buy GC with a credit card.

[mrskoka]

Depends on the store. I haven't encountered a SDM yet that won't let me buy SDM GC with my SDM Mastercard. Having said that I'm "known" at the stores I shop at.

[Vov76]

Depends on the store. I haven't encountered a SDM yet that won't let me buy SDM GC with my SDM Mastercard. Having said that I'm "known" at the stores I shop at.

Same here. Never had that problem.

[theweaves_dad]

I bought SDM GC last year with my CT Mastercard, so i don't forsee it being a problem buying them with a SDM MC!

[Super Mel]

My SDM allows you to but GC's with a credit card as long as the value is 100$ or less.

As for the CC, I use my SDM one only when I spend more then my GC at the till... I always use my AeroGold Visa to but the GC as it is 2 x the points and the travel rewards are equally important to me then the SDM rewards... I like dipping into everything, and Aerogold is more bang for my buck if you break it down V.S the SDM points

[KrazE]

The 3 SDMs around me do not allow the purchase of any GCs, bus tickets, bus passes, or lottery using any CCs, so you will want to check on that first.

I think the best way to maximize your points would be to use Debit or Cash to buy a GC to do your shop - pay for any remaining $ that the GC does not cover using your CC if possible. Use your CC for other purchases no matter what store and simply pay off the balance as you normally would.

[Insane]

Okay gotcha about the 20x points.

I am still debating about the two cards. Like the last bill I got from SDM had just over 4000 points on it. That is worth about 5 bucks at SDM. However, the same amount of money on the bill I would have gotten over $9 in Canadian Tire money.

I guess it boils down to where you want your points to be for you to spend really.....

I forgot to add that 4000pts is worth more like $8.40 if you redeem on bonus redemption.

[torontogal12]

Wow! Do you get points for buying $10 gift cards too? Or only on the $50

[KrazE]

It's the SDM cards that you need to buy to get points; I think the smallest one is $25 (at least this is the smallest one I have seen at my SDM) - they look like this:

[Vov76]

Wow! Do you get points for buying $10 gift cards too? Or only on the $50

Yes. You will get 100 points if you buy $10 SDM gift card.