Not too long ago we mentioned that emails were being sent to select members of both the Shoppers Drug Mart Optimum program, and the PC Plus program, inviting you to exchange your points. However, the conversion rate at that time was not exactly desirable, to put it nicely.
It seems there is a new round of emails being sent, inviting people once again to exchange their points, and this time at a much improved rate. You must be invited by email to exchange your points, and if invited you must have a minimum of 38,000 Optimum points to participate. If you have been invited and meet this condition, you will be permitted to exchange 38,000 Optimum points for 60,000 PC Plus points. Yes, that is $60 worth of Optimum points for $60 worth of PC Plus points!
I don’t know about you, but if I received the invite I would jump at this. Be sure to check the emails associated with your accounts for this offer, valid until March the 8th, 2016. Up to 200,000 points may be exchanged during this promotion.
Click here to visit the points exchange site.
If I exchange 95,000 points during a SDM redemption, it’s worth $200 to me.
So 38,-000 SDM points is worth $80 to me. To exchange to PC points, I am only getting $60 for them. Not a good deal to me. Come on SDM!
Can I just ask for some input on this from fellow SmartCanuckers? What is better value in your opinion – waiting for an Optimum Redemption day – 50,000pts = $100 at Shoppers, or redeeming 38,000pts for $60 PC Plus? Granted, there is far more variety with your PC points, but just curious.
I agree with Rebecca. Don’t do it.
IMHO I think this is Loblaws testing out how willing we are to swap to PC points and to eventually phase out the Optimum program. At some point in time it’s possible that the POS systems will be joined together and would make the PC Plus program seamless or maybe they’ll just link to PC Plus anyways using their current machines.
Loblaws owns both and Shoppers has the better points plan so they are testing things out. 38,000 Optimum points is worth $60. Thus the $60 value with Superstore points if you transfer points. Points matching.
This is a good deal, shoppers offers $200 on 95000 points once or twice a year, normally it is only $170 per 95000 points where as if you convert 38000 ($60 value) SDM to 60000 ($60 value) points than it is same value. You can buy variety of things in Lablows Super centers (electronics, grocery, Joe Fresh or buy a gift card). Shoppers has hardly good things in terms of electronics and mostly over priced, they do not take any single responsibility on electronics and behaving like street vendors if you are unlucky person who has problems in your electronic purchase… I am waiting for a email from Shoppers to convert it. Just staying away from Shoppers, only buying on sale events. I have more than 120000 points and waiting for my opportunity to redeem.. 🙁
I tried and it says my card is not eligible for the transfer.
That sucks I have over 200k in points.
yes, unfortunately there were only few lucky people who got emails to do this. They said it was pilot project, it may come in future or may be not. Till then wait 🙁