#1
TodayI came across the Pivot Visa at PetroCanada today. You start up by paying $10 for a non-reloadable card, value up to $250. You can then register and convert the same plastic to reloadable. You can also request a personalised card for a fee, but it's unnecessary if you're just trying to get the cash off.
They have a PAYG, monthly and annual plan. The way I see it:
PAYG
Load 8 x $250 per month, pay 8 x $2 (on 4 separate days)
Withdraw 8 x $250 per month at a no-fee ATM, pay 8 x $3 (on 8 separate days)
Get 5c off per litre for 250 litres per month, value $12.50
Total costs $27.50 for $2000 "gas" spend per month
Monthly
Monthly fee $5.95
Load 8 x $250 per month, pay 8 x $2 (on 4 separate days)
Withdraw 8 x $250 per month at a no-fee ATM, pay 8 x $3 (on 8 separate days)
Get 5c off per litre for 750 litres per month, value $37.50
Total costs $2.50 for $2000 "gas" spend per month
Annual
"Monthly" fee $5
Load 8 x $250 per month, pay 8 x $2 (on 4 separate days)
Withdraw 8 x $250 per month at a no-fee ATM, pay 8 x $3 (on 8 separate days)
Get 5c off per litre for 1000 litres per month, value $50
Total costs -$10 for $2000 "gas" spend per month
Please go through my math and correct.
Of course, for the monthly and annual plans, you're accumulating "litres" faster than you can probably use them. In my case, I probably use 250 litres a month between both cars, so probably not something I can use easily.
They have a PAYG, monthly and annual plan. The way I see it:
PAYG
Load 8 x $250 per month, pay 8 x $2 (on 4 separate days)
Withdraw 8 x $250 per month at a no-fee ATM, pay 8 x $3 (on 8 separate days)
Get 5c off per litre for 250 litres per month, value $12.50
Total costs $27.50 for $2000 "gas" spend per month
Monthly
Monthly fee $5.95
Load 8 x $250 per month, pay 8 x $2 (on 4 separate days)
Withdraw 8 x $250 per month at a no-fee ATM, pay 8 x $3 (on 8 separate days)
Get 5c off per litre for 750 litres per month, value $37.50
Total costs $2.50 for $2000 "gas" spend per month
Annual
"Monthly" fee $5
Load 8 x $250 per month, pay 8 x $2 (on 4 separate days)
Withdraw 8 x $250 per month at a no-fee ATM, pay 8 x $3 (on 8 separate days)
Get 5c off per litre for 1000 litres per month, value $50
Total costs -$10 for $2000 "gas" spend per month
Please go through my math and correct.
Of course, for the monthly and annual plans, you're accumulating "litres" faster than you can probably use them. In my case, I probably use 250 litres a month between both cars, so probably not something I can use easily.
#2
Fuel savings are useless when the border is 45 minutes away and I can save 30-40%...
(I go to WA for gas and infant formula, sometimes booze and cigarettes)
(I go to WA for gas and infant formula, sometimes booze and cigarettes)
#3
yerffej201 , Feb 21, 2013 11:44 pm
Quote:
(I go to WA for gas and infant formula, sometimes booze and cigarettes)
Plus all Canadians can now get no fx Marriott CC.Originally Posted by AA_EXP09
Fuel savings are useless when the border is 45 minutes away and I can save 30-40%...(I go to WA for gas and infant formula, sometimes booze and cigarettes)
#4
Quote:
Just get the Sears MC and it does the same thing and I can convert Sears to CX via Petro Canada.Originally Posted by yerffej201
Plus all Canadians can now get no fx Marriott CC.
(The trick is NOT to convert immediately as CX miles expire 36 months after deposit while Petro Points never expire, however, the risk there is if Petro Points discontinues CX partnership I'm left with a bunch of nearly worthless miles that can be redeemed for gas cards at a piss poor value, plus it forces me to buy gas on the Canadian side of the border, and I don't drive much, nor will I support a government that taxes it's citizens like their money was easily earned.)
#5
AnitaBryant63 , Feb 22, 2013 10:05 am
I live near Miami, I'm assuming I cannot make use of this?
#6
Quote:
Did you seriously not read the title or is MIA in Canada now?Originally Posted by AnitaBryant63
I live near Miami, I'm assuming I cannot make use of this?
(The answer-no.)
#7
windcloud5 , Feb 22, 2013 11:50 am
Quote:
(The answer-no.)
Thanks for the geography lesson. Originally Posted by AA_EXP09
Did you seriously not read the title or is MIA in Canada now?(The answer-no.)
#8
canadianpilgrim , Feb 22, 2013 2:37 pm
Quote:
They have a PAYG, monthly and annual plan. The way I see it:
PAYG
Load 8 x $250 per month, pay 8 x $2 (on 4 separate days)
Withdraw 8 x $250 per month at a no-fee ATM, pay 8 x $3 (on 8 separate days)
Get 5c off per litre for 250 litres per month, value $12.50
Total costs $27.50 for $2000 "gas" spend per month
Monthly
Monthly fee $5.95
Load 8 x $250 per month, pay 8 x $2 (on 4 separate days)
Withdraw 8 x $250 per month at a no-fee ATM, pay 8 x $3 (on 8 separate days)
Get 5c off per litre for 750 litres per month, value $37.50
Total costs $2.50 for $2000 "gas" spend per month
Annual
"Monthly" fee $5
Load 8 x $250 per month, pay 8 x $2 (on 4 separate days)
Withdraw 8 x $250 per month at a no-fee ATM, pay 8 x $3 (on 8 separate days)
Get 5c off per litre for 1000 litres per month, value $50
Total costs -$10 for $2000 "gas" spend per month
Please go through my math and correct.
Of course, for the monthly and annual plans, you're accumulating "litres" faster than you can probably use them. In my case, I probably use 250 litres a month between both cars, so probably not something I can use easily.
Does anyone actually have a Pivot Visa at PetroCanada? Is there a $2000/month limit?Originally Posted by nabeelj
I came across the Pivot Visa at PetroCanada today. You start up by paying $10 for a non-reloadable card, value up to $250. You can then register and convert the same plastic to reloadable. You can also request a personalised card for a fee, but it's unnecessary if you're just trying to get the cash off.They have a PAYG, monthly and annual plan. The way I see it:
PAYG
Load 8 x $250 per month, pay 8 x $2 (on 4 separate days)
Withdraw 8 x $250 per month at a no-fee ATM, pay 8 x $3 (on 8 separate days)
Get 5c off per litre for 250 litres per month, value $12.50
Total costs $27.50 for $2000 "gas" spend per month
Monthly
Monthly fee $5.95
Load 8 x $250 per month, pay 8 x $2 (on 4 separate days)
Withdraw 8 x $250 per month at a no-fee ATM, pay 8 x $3 (on 8 separate days)
Get 5c off per litre for 750 litres per month, value $37.50
Total costs $2.50 for $2000 "gas" spend per month
Annual
"Monthly" fee $5
Load 8 x $250 per month, pay 8 x $2 (on 4 separate days)
Withdraw 8 x $250 per month at a no-fee ATM, pay 8 x $3 (on 8 separate days)
Get 5c off per litre for 1000 litres per month, value $50
Total costs -$10 for $2000 "gas" spend per month
Please go through my math and correct.
Of course, for the monthly and annual plans, you're accumulating "litres" faster than you can probably use them. In my case, I probably use 250 litres a month between both cars, so probably not something I can use easily.
#10
Am i stupid ? What is the advantage to do this ? You load 2000$ a month and claim back 2000$ a month. You could receive FF points from your other cc but, you have to pay fees to exchange at Atm...
#11
yerffej201 , Feb 22, 2013 9:03 pm
Quote:
2 bucks to load 250, 3 bucks to withdraw. 5 bucks every 250 = 40 bucks/2k in and out. put on amex, 1cpm with 2x earning on gold bonus categories.Originally Posted by danlauz
Am i stupid ? What is the advantage to do this ? You load 2000$ a month and claim back 2000$ a month. You could receive FF points from your other cc but, you have to pay fees to exchange at Atm...
Some people may do it.
#13
Quote:
Some people may do it.
Originally Posted by yerffej201
2 bucks to load 250, 3 bucks to withdraw. 5 bucks every 250 = 40 bucks/2k in and out. put on amex, 1cpm with 2x earning on gold bonus categories.Some people may do it.
Oh, okay. So if I need to generate $2000 spend on an Amex, I could buy the Visa card, load $250 on 8 occasions, then withdraw funds. This would generate $2000 in spend, and ____ points for the spend.
Are these cards ever treated as cash advances?
#14
Quote:
Are these cards ever treated as cash advances?
NoOriginally Posted by jerry305
Oh, okay. So if I need to generate $2000 spend on an Amex, I could buy the Visa card, load $250 on 8 occasions, then withdraw funds. This would generate $2000 in spend, and ____ points for the spend. Are these cards ever treated as cash advances?