Here's your Rewards Canada Daily update! Your near daily dose of
loyalty program, credit card and travel news, bonuses, deals and more.
This update is brought to you by the HSBC World Elite Mastercard which
is currently offering a welcome bonus of up to 100,000 bonus points
worth $500, has no foreign transaction fees and no annual fee in the
first year!
There are several good gift card redemption promotions right now from CIBC Rewards.
Until May 4, 2022 you can redeem 5,000 Aventura points for a $50
Pioneer, Fas Gas, Ultramar or Chevron gift card or you can also redeem
5,000 Aventura points for $50 Save-On-Foods gift card. The Save-On offer
is valid until February 1, 2023. Redeeming 5,000 points for $50 gift
card works out to 1 cent per point in value and if you earned those
points with an accelerate earn rate on one of the CIBC Aventura card
it could translate to a 1.5% return. While the value and return is
potentially lower than if you redeemed for travel via the Aventura
Airline Reward Chart (where you can get up to 2.28 cents per point for
up to 3.4% return) it's not a bad deal to consider for these cash
equivalents. Click here to learn more about these offers