Baby Ninja
Earning My Ears
- Joined
- Nov 5, 2017
Thanks. I actually went and bought a $25 gift card so I could figure it out. I'm retired bank staff so the rate I get is better than the rate others get. Having said that, the rate of exchange on the GC works out to exactly the same as the rate of exchange I get on US dollars from being staff. Looking at that example, buying GC's is a much better deal for the average person but doesn't benefit me so much. I think I am going to use my Air Miles to purchase them though. It will be a round about way but still money I don't have to lay out.
Again, thanks for your answer.
ETA--The examples you gave work out to $1.266464 for the gift card and $1.3054 for the cash so you can see you are gaining almost 4 cents per dollar with the card. Not bad at all.
When you say 'I think I am going to use my AM to purchase them though' do you redeem your AM cash miles to purchase GC in store? I never thought of that before. Does Safeway/Sobey's/Shell have an issue with this kind of a request? If not, then I very well may switch my account to 'Cash' vs. 'Dream'.