March 8 Update: PC Financial downgrading World Elite Mastercard cardholders who didn’t hit the $15,000 annual spend requirement & 8 new bonus offers

 Here’s your Rewards Canada Daily update! Your daily dose (or near
daily dose) of loyalty program, credit card and travel news, bonuses,
deals and more.

 
Long time Rewards Canada reader Harry B. reached out to us last week
to let us know he received a letter from PC Financial that he didn’t
meet the required spend of $15,000 per year to keep his PC Financial World Elite Mastercard
and that they would downgrade him to the World Version. A quick search
sees this also popping up on Twitter and Redflagdeals as more PC
Optimum cardholders received the letter as well. What we have happening
hear is that Mastercard Canada put in place this $15,000 minimum spend
threshold on World Elite cards that have no annual fee about a year or so ago. By having people
spend at least $15,000 per year Mastercard can cover some of the costs
associated with a World Elite card’s benefits through the interchange
fee rather than an annual fee on a card. This is why you don’t actually
see a minimum spend requirement on any World Elite Cards that do charge
an annual fee as they can’t downgrade you for a product you are paying
for. Our biggest gripe that we have here at Rewards Canada
from our readers and seeing what people have said on Twitter and RFD is
that they received no notice from PC Financial that this
requirement was instituted and some would have shifted their spending. I know even here at Rewards Canada we may have touched upon
it once quite awhile ago but for the most part it is buried in the
T&C’s so it out of sight out of mind. Let us know
in the comments section below if you also got the letter from PC
Financial or even one of the other issuers!

Image via PC Financial

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Posts since our last update:

• Awesome
  new partnership! Air Canada Aeroplan & Starbucks Rewards join
  forces – earn Aeroplan Points and Starbucks Stars at the same time

  Air Canada Aeroplan’s first non-travel partnership since the launch of the new program in November is here!. Starting today…

• March
  5 Update: 50% off award flights on SATA Airlines out of Toronto and
  500 bonus points per night at the new Hyatt Place Ottawa West

  Here’s your Rewards Canada Daily update! Your daily dose (or near daily dose) of loyalty program, credit card and…

Deals:

Save up to 25% for stays at Radisson Hotels in the U.S., Canada, Latin America & Caribbean

Simplify the way you trade cryptocurrency by joining me on NDAX – Use my referral link and we will both get $10. Learn more here.

Join Chapters Indigo plum today and earn 1,000 bonus points, join plum PLUS and earn 8,500 bonus points. Learn more here.

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SkipTheDishes – Sign up with this link to get $5 off your first order over $15. Find out more here

WealthSimple Trade:  Receive $10 when you deposit and trade at least $100 worth of stock with WealthSimple Trade. Find out more here (We will also receive $25 when you sign up with our link)

Rewards Canada receives a small commission when you use any of
the above offers. You don’t have to chose to use our links but we thank
you in advance if you do.

Canadian Bonus Offers

Air Canada Aeroplan

– 25 Bonus Aeroplan Points for every four eligible transactions made in a
week through your Starbucks Rewards account at participating Starbucks
locations in Canada. More… Until Jun 6, 21

–
50 Bonus Aeroplan Points when you redeem at least 150 Stars
two times in one month at participating Starbucks locations in Canada. More… Until May 31, 21

Other Bonus Offers

Marriott Bonvoy

– 1,000 Bonus Bonvoy Points for stays of 2 or more nights at the Hotel Berlin Central District. More… Until May 15, 21

– Earn up to 3,000 Bonus Bonvoy Points per night for stay at the Four Points by Sheraton San Diego Downtown Little Italy. More… Until Apr 12, 21

Miles & More

–
30% Bonus Miles & More Miles on your next hotel stay booked via Hotels & Cars by Points More… Book by Mar 31, 21

–
30% Bonus Miles & More Miles on your next car rental booked via Hotels & Cars by Points More… Book by Mar 31, 21

Qatar Airway Privilege Club

– Earn up to 20,000 QMiles when you refer people to join the Qatar Airways Privilege Club program. More… Until Apr 30, 21

Radisson Rewards

– 100% Bonus Radisson Rewards points when you buy 1,000 or more points. Maximum of 80,000 points can be purchases. More… Mar 10 – 18 21

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