My nearest COOP gas station is 5x on everything you purchase from the store including lottery and gas when using the AMEX Cobalt. Combined with their COOP membership card rebate per year. It’s a crazy combo. I hope their store coding doesn’t change.
I did the Rbc Avion card with ion+ and do the transfer thing for a few years and when you start paying annual fees $120 for Avion and $48 for ion+ the saving diminishes down to a way lower value then in order to actually see good value you start spending more on more expensive flights (travel options whatever you like) in order to see the value. That’s more than the average person needs to do. A $30 CAA bike program to get .3$ per litre off then either armies card for extra .2 to .7$ off depends on gas type or Marriott business at 3% points on gas or Scotia rewards program has better deals then Avion with shorter duration and less work.
You're missing a huge one tbh. Airmiles with the shell app + CAA combined gets me over 10c/l discount per fill plus about 20$ in airmiles points per month. That's 240$ in airmiles points + 10c a liter discount for every fill. I cant see anything even coming close.
@@enforceOM you could I suppose. But you wouldn't get the airmiles bonus at month end. I get another $10-20 at the end of the month strictly from gas purchases.
As an existing CIBC customer, using that divident platinum has been great. Plus, if you have 5k in a chequing account with them or 100k invested, they’ll waive the annual fee on the card. I’m able to use that card on food where places don’t accept cobalt. Underrated card for sure
@@brettbr815 Yep, that's where they get you. They make you think you're getting a good deal (no annual fee for visa and no monthly fee for chequing acct) but you're missing out on 200-300 bucks that you would have made if you put that 6k (it's up from 5k) in a HISA. Quite the high effective annual fee if you ask me for only 3% back on gas and groceries, especially when there are free cards that can get you at least 2%. Plus, you're bound to fall under the 6k threshold at least once or twice a year by accident and you'll get dinged 30 bucks plus tax each time that happens. There goes your whole "advantage" with this card.
I just got my cobalt card recently. However, couple days ago did a prepaid gas purchase inside a Circle K store which has Esso gas station attached. My transaction is only coded as Imperial Oil. Which will only earn 2 points instead of 5x. So am I doing something wrong?
I have the Avion Platinum. Does that do the trick if I get an Ion card or should I trade that platinum in for the infinite? What is the difference between those?
The Avion Platinum works just fine. The main difference between the Visa Infinite (VI) and the Platinum is 1.25x on travel for the VI, and slightly better insurance - Steve
So, not even a mention of the Canadian Tire MasterCard that gets amazing value at the pump ⛽? Or the PC financial MasterCard? These are free no annual fee cards that offer great value.
It's pretty clear(and a shady thing that they're doing) they're only showing off cards that they get a referral bonus from. Canadian Tire MC and the weekly "Fill up 25 L and get $ in CT Money" is an amazing way to get a high cashback for gas. They also didn't even mention the fact that you can link your Triangle rewards to your Petro Canada account and earn points for both of them at the same time. They also don't mention you can link your non-RBC credit card to Avion Rewards and earn you can earn Avion Rewards at Petro Canada. It's also weird how they didn't really go into mentioning that Jourine Rewards are 1:1 for Aeroplan points so you're getting a minimum of $3 back for every 300 litres of gas and you get free snacks and Air Canada Travel Vouchers when you hit 75 pts and 150 pts before you reach 300 pts and get 300 Aeroplan points.
Airline and hotel programs can offer outsized rewards relative to cashback. However, there is a learning curve to maximizing value with airline and hotel programs. Cashback and fixed value points programs can be rewarding as well. Anything is better than using cash, debit, or a no rewards card!
We prefer viewers to watch our whole video instead of jumping into any specific section. We strive for high retention rate. Hope you understand. Thank you :)
@@PrinceofTravel For normal fuel its 2 cents per litre and you could stack that with bonus air miles + CAA. Felt like it deserved a mention here. Nice compilation though! Thanks
I'll also add that 1 journie point = 1 aeroplan point. Once you get 300 points, it gets added to your aeroplan balance
Yes and you even get a reward at the 75 point and 150 point mark
Costco is typically 7% cheaper than any other pump in my area. Combined with 3% cash back from Roger WE, seems like a no-brainer.
Time is money and the most valuable
you could also buy petro and shell cards at the groceries and get 5 points per dollar instead of 3 with your cobalt
Which grocery store sells Petro Canada cards?
@@retchet78 IGA
@@retchet78 metro
Longo's, metro, food basics in ontario
Too much work
My nearest COOP gas station is 5x on everything you purchase from the store including lottery and gas when using the AMEX Cobalt. Combined with their COOP membership card rebate per year. It’s a crazy combo. I hope their store coding doesn’t change.
It’s coded as grocery??!
@@brianmorales lol yeah!🤫
I did the Rbc Avion card with ion+ and do the transfer thing for a few years and when you start paying annual fees $120 for Avion and $48 for ion+ the saving diminishes down to a way lower value then in order to actually see good value you start spending more on more expensive flights (travel options whatever you like) in order to see the value. That’s more than the average person needs to do. A $30 CAA bike program to get .3$ per litre off then either armies card for extra .2 to .7$ off depends on gas type or Marriott business at 3% points on gas or Scotia rewards program has better deals then Avion with shorter duration and less work.
Why didnt you mention amex Biz Edge instead which gets 3x MR on gas.
They’re looking for referrals to the cobalt, i doubt they have this card
Excellent point. The video is mainly consumer-focused, so business cards were not included.
You're missing a huge one tbh. Airmiles with the shell app + CAA combined gets me over 10c/l discount per fill plus about 20$ in airmiles points per month. That's 240$ in airmiles points + 10c a liter discount for every fill. I cant see anything even coming close.
Can you do that by paying with the Amex Cobalt credit card?
@uhmerrykan nope. Must use an airmiles card linked with shell. CAA is a bonus (I have one for the whole family and one tow pays for itself)
@Prediculous ok. Not that great then. But thanks for sharing.
@@Prediculous You just need to link an Airmiles card but you can still pay with any other card
@@enforceOM you could I suppose. But you wouldn't get the airmiles bonus at month end. I get another $10-20 at the end of the month strictly from gas purchases.
As an existing CIBC customer, using that divident platinum has been great. Plus, if you have 5k in a chequing account with them or 100k invested, they’ll waive the annual fee on the card. I’m able to use that card on food where places don’t accept cobalt. Underrated card for sure
5k in bank account is always moot because you can make the annual fee back on interest with the 5k in something else
@@brettbr815 Yep, that's where they get you. They make you think you're getting a good deal (no annual fee for visa and no monthly fee for chequing acct) but you're missing out on 200-300 bucks that you would have made if you put that 6k (it's up from 5k) in a HISA. Quite the high effective annual fee if you ask me for only 3% back on gas and groceries, especially when there are free cards that can get you at least 2%. Plus, you're bound to fall under the 6k threshold at least once or twice a year by accident and you'll get dinged 30 bucks plus tax each time that happens. There goes your whole "advantage" with this card.
@@brettbr815 Having no emergency fund is worse financial advice than missing out on interest. Do you not have an emergency fund?
Good to think about points while filling up your tank, but gotta keep in mind to get gas from Top Tier stations...
Paying inside at many gas stations count as food so you get 5x points with the AMEX Cobalt card
I just got my cobalt card recently. However, couple days ago did a prepaid gas purchase inside a Circle K store which has Esso gas station attached. My transaction is only coded as Imperial Oil. Which will only earn 2 points instead of 5x. So am I doing something wrong?
@@riddz5425 Not all gas stations have it.
If you google "AMEX Cobalt confirmed multiplers", you will be able to see which gas stations have a 5x rate.
I have the Avion Platinum. Does that do the trick if I get an Ion card or should I trade that platinum in for the infinite? What is the difference between those?
The Avion Platinum works just fine. The main difference between the Visa Infinite (VI) and the Platinum is 1.25x on travel for the VI, and slightly better insurance
- Steve
@PrinceofTravel Thanks for the reply!
Or use an RBC Ion+ or Amex Cobalt to buy a bus pass. The gas savings will likely dwarf the points value from buying gas
Pioneer gas stations takes aeroplan. Quite surprised you guys didnt get that in the video.
So, not even a mention of the Canadian Tire MasterCard that gets amazing value at the pump ⛽? Or the PC financial MasterCard? These are free no annual fee cards that offer great value.
It's pretty clear(and a shady thing that they're doing) they're only showing off cards that they get a referral bonus from. Canadian Tire MC and the weekly "Fill up 25 L and get $ in CT Money" is an amazing way to get a high cashback for gas.
They also didn't even mention the fact that you can link your Triangle rewards to your Petro Canada account and earn points for both of them at the same time. They also don't mention you can link your non-RBC credit card to Avion Rewards and earn you can earn Avion Rewards at Petro Canada.
It's also weird how they didn't really go into mentioning that Jourine Rewards are 1:1 for Aeroplan points so you're getting a minimum of $3 back for every 300 litres of gas and you get free snacks and Air Canada Travel Vouchers when you hit 75 pts and 150 pts before you reach 300 pts and get 300 Aeroplan points.
@@Dundeee that makes sense, definitely gotta take everything you watch with a grain of salt!
So what's a better bang for your buck cash back or air rewards?
Airline and hotel programs can offer outsized rewards relative to cashback. However, there is a learning curve to maximizing value with airline and hotel programs. Cashback and fixed value points programs can be rewarding as well. Anything is better than using cash, debit, or a no rewards card!
We get gas at Costco when we can, otherwise we end up at Mobil for the PC points.
Please make the matching business credit card focused videos too!
Put time stamps!
We prefer viewers to watch our whole video instead of jumping into any specific section. We strive for high retention rate. Hope you understand. Thank you :)
@@PrinceofTravel
You just want money instead of viewer comfort... 😂
BMO gives me 7 cents off a litre at Shell. You forgot to mention that.
…on premium fuel - an excellent strategy if your car requires premium. This also stacks with 3 cents per litre savings for CAA members.
@@PrinceofTravel For normal fuel its 2 cents per litre and you could stack that with bonus air miles + CAA. Felt like it deserved a mention here. Nice compilation though! Thanks