Here’s a frugal tip sent in by a reader.
Of course, every frugal person has a pocket full of reward cards; Air Miles, Esso Extra, Petro Points, etc. – here’s a way to earn points from restaurants and retailers that don’t normally offer rewards programs of their own… gift cards!
Petro-Canada, for example, will give you 20 points per dollar spent on gift cards.
Taking the kids to Subway for lunch? Stop at the Petro-Canada first, buy a $25 dollar gift card, use your Air Miles Credit, and you’ll get 500 Petro Points, plus the Air Miles for charging your purchase to your card.
I travel a lot for business, and my company pays me a “per diem” for meals, no receipts required. So if I’m planning a 4-day trip to visit accounts, I’ll stop by Petro-Canada and grab a couple Subway cards, a Boston Pizza card, or whatever looks good. Usually spend about $100 for a 3-4 day trip, snag 5 Air Miles, 2000 Petro Points, and wind up “pocketing” about $20 off my meal allowances.
Side benefit is that I’m making only one transaction, so I’m not racking up debit card usage charges, either.
Also a handy trick for summer road trips: Stock up on cards before you hit the highway for the cottage and all those stops for snacks wont seem as draining on your pocket money!
Do you have a frugal tip to share? Let me know!