Earn $300 with a new CIBC Smart Account

Deal Link: https://www.cibc.com/en/special-offers/cibc-smart.html
Expiry: Jun 30, 2016

You can earn $300 when you open a new CIBC Smart Account before June 30 and complete a direct deposit or 2 pre-authorized payments within 3 months. With CIBC Smart Account, you can get:

• Up to 12 transactions for $4.95 per month
• $1.25 for each additional transaction over 12 to no more than $14.95 for unlimited transactions
• Send unlimited Interac e-Transfers from this account
• Entire monthly fee is waived if you maintain a minimum end of day balance of $3,000 each day and a recurring direct deposit or 2 pre-authorized payments each month in this account. 
• Free online cheque viewing with paperless record-keeping
• Personalized cheques available

Note: The Cash Reward is subject to the condition (the “Reward Condition”) that the Eligible Client’s Chequing Account must remain open, active and unconverted for at least one (1) calendar year from the month-end of the month during which the Account was opened. Failing this, such Eligible Client (a “Disqualified Reward Client”) will not qualify for the Cash Reward. If the Cash Reward has already been provided to a Disqualified Reward Client, CIBC reserves the right, in its sole and absolute discretion, to charge the client’s Chequing Account for, or send an invoice to the Disqualified Reward Client for, $300 CAD.

Zag Bank: Get up to $150 when you sign up with Zag Bank

Deal Link: https://www.zagbank.ca/
Expiry: Jun 12, 2015

You can earn up to $150 when you become a Zag Bank client:

• Earn $50 when you sign up for the High Interest Savings Account
• Earn an additional $50 when they reach 1000 clients.
• Earn an additional $50 anniversary bonus

For now, you can also earn 2% bonus interest until June 12, 2015. It is potential to get free $150 to your initial $100 deposit after a year. Please check with the promotion details from their website.

Note: Zag Bank is a member of the Canada Deposit Insurance Corporation (CDIC). So, you don't need to worry about your money even you are not familiar with this bank.

Switch to TD and get the latest 8" Samsung Tab

Deal Link: http://www.tdcanadatrust.com/m/edb/index.jsp
Expiry: Jul 31, 2015

A new promotion from TD for new customer: Switch to TD and get the latest 8" Samsung Tab A with 6-month subscription of Next Issue (total value of $369.93. From my point of view, around $250). What you need to do is to apply for an eligible unlimited transaction chequing account (All Inclusive or Unlimited Chequing Account) by July 31st and complete two of these transactions by Sep 11, 2015:

1. a direct deposit; 
2. a minimum $50 monthly pre-authorized debit
3. a minimum $50 Canadian or $50 US online bill payment through EasyWeb or the TD app

If you are a TD customer already, you can attend TD's contest to win a Samsung 8" Tab (totally 1163 Tabs for this contest). Please go to the TD website to register:
https://www.tdtabletcontest.com/

Shoppers Optimum Rewards Program Review (Expired)

The Shoppers Optimum rewards program is one of my favorite rewards programs in Canada. The Shoppers Optimum card is accepted at participating Shoppers Drug Mart stores and any other designated locations across the Canada. You can earn 10 Shoppers Optimum points for almost every dollar spent, including prescriptions (points cannot be awarded on prescriptions in all provinces).

You can collect Shoppers Optimum points even faster with valuable Points Events like 10X/15X/20X the points in-store. And you can also get bonus points on specially marked items in Shoppers Drug Mart every day.  Remember to register and receive email offers, exclusive for Shoppers Optimum members.

If you want to earn Shoppers Optimum Points on purchases outside of Shoppers Drug Mart, you can open a RBC Shoppers Optimum Banking Account and a RBC Shoppers Optimum MasterCard. You can earn up to 70,000 bonus points and 2.5X more points with the purchase inside Shoppers Drug Mart.

What are your Shoppers Optimum points worth? Assuming that you earn 10 points for $1 spent, the rebate ratio is:

• 8000 points = $10 = 1.25%
• 22,000 points = $30 = 1.36%
• 38,000 points = $60 = 1.58%
• 50,000 points = $85 = 1.70%
• 95,000 points =  $170 = 1.79%

As you can see, the return is quite good. If considering the 20X points events, the potential return could be up to 35.8% (it is quite amazing).

BTW, Loblaw bought Shoppers Drug Mart for $12.4B in 2013. According to the Shopper Optimum Rewards Program "Terms and Conditions": The Shoppers Optimum Program will terminate at 11:59 p.m. on December 31, 2016. Shoppers Optimum Members will have until March 31, 2017 to redeem Shoppers Optimum Program rewards using Shoppers Optimum Points accumulated up to the Termination Date. Shoppers Optimum Points will expire at 11:59 p.m. on March 31, 2017 and will not be honoured after such expiration date. We may see PC Points Program in Shoppers Drug Mart after that.