RBC and Shoppers Drug Mart latest to break up credit card marriage

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RBC and Shoppers Drug Mart latest to break up credit card marriage
Topic Started: Jun 22 2016, 02:08 AM (261 Views)
Darcie	Jun 22 2016, 02:08 AM Post #1
Skeptic Posts: 31,154 Group: Member Member #714 Joined: March 30, 2010	Quote: In the sometimes tumultuous world of co-branded loyalty cards, another partnership has gone sour. In this latest case, Canada's largest drugstore chain and biggest bank are parting ways. Royal Bank and Shoppers Drug Mart are ending both their co-branded debit card and Shoppers Optimum MasterCard. The cards allow Shoppers customers to earn extra Optimum points they can then exchange for free in-store products. Neither card is available any longer. Their combined 200,000 existing customers will be switched over to other RBC banking products by the fall. Both Shoppers and RBC say the breakup is mutual. Shoppers Drug Mart chalks it up to "business reasons." http://www.cbc.ca/news/business/rbc-shoppers-drug-mart-optimum-mastercard-1.3644371?cmp=rss&cid=news-digests-canada-and-world-morning The world of credit is having some second thoughts.

Replies:
swing	Jun 24 2016, 04:03 PM Post #16
swing Posts: 9,979 Group: Member Member #359 Joined: August 18, 2006	I like free stuff so why not use the optimum points? I never have enough points to redeem as my shopping is sporadic @ shoppers.



haili	Jun 26 2016, 05:34 AM Post #17
Gold Star Member Posts: 7,083 Group: Member Member #387 Joined: September 15, 2006	I'm like that with air miles - wouldn't live long enough to collect anything.



swing	Jun 26 2016, 06:05 AM Post #18
swing Posts: 9,979 Group: Member Member #359 Joined: August 18, 2006	I've used air miles for trips, unlike aeroplan you don't have to book a year in advance. I have just recently redeemed aeroplan miles for restaurant certificates though.



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