Shoppers Optimum Mastercard - Points Along The Way | Get Financial Freedom Tips | Transform Your Financial Future


Wednesday, February 22, 2012

Shoppers Optimum Mastercard - Points Along The Way

People are always looking for ways to save money or to get something for the money that they spend. If you find yourself doing this frequently, you will be interested to know that you can often be given money for shopping. If you use a credit card, the company will pay you to use their card instead of cash. This is really something that you should take advantage of since you can gain from every little purchase that you make. One of the best programs out there is the Shoppers Optimum program, which is slightly different from the programs that other companies have to offer.

Offers & Benefits

Shoppers Optimum Mastercard - Points Along The Way
First of all, you need to know what the main companies generally offer. They will give you about one percent back on everything that you spend. For every hundred dollars, you will get one dollar. You then can go online and redeem the points in the online store. You can also request that the money be sent to you. A check will be mailed to you and you can cash it at the bank. You need to have the online account set up to be able to do any of this since that is how you request or redeem the money.

The Shoppers Program

The Shoppers program is the same because you can build up points along the way. It is different because you can put those points into action whenever you need them. You do not have to go online. You do not have to wait for a check. You just have to tell the cashier that you would like to use the points on your purchase. They will apply them and you will see that amount taken off of the total that you need to pay. It happens instantly, which is very nice and gives you the feeling that you really are building up savings every time you spend.

Points System

The points that you get do not translate directly into money that you can spend. You do get one hundred points for every dollar, so it is easy to keep track of how much you have. Just look at the records of how much you have spent. The points will be the same. You then have to refer to a simple guide to know how many dollars you can spend. The guide is listed below, but you may want to write it down so that you can have it with you when you are at the store.

- 8000 points can be redeemed for $10.
- 22,000 points can be redeemed for $20.
- 38,000 points can be redeemed for $60.
- 50,000 points can be redeemed for $80.
- 95,000 points can be redeemed for $170.


As you can see, the percentages go up for every level. If you always use your points when you have enough to get ten dollars, you will be getting as little for your money as possible. You are much better off to wait until you have a high number of points because you will get more dollars for the dollars that you have spent. Waiting until you have 95,000 points is the best idea, but it is hard for many people to wait this long because they want to be able to take advantage of their savings much more quickly.

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