 Hello everyone, this is financial author Amit Dan of amitdan.com on this channel You'll find financial travel and more videos just like the one you're watching right now If you like what you see, please give me a thumbs up and consider subscribing Hello everyone, this is Amit Dan of amitdan.com today I'll talk about three things you know about shoppers optimum points and PC points. I'm expecting this video about three minutes long February 1st 2018 is the date when shoppers optimum points and PC points will be merged into one program called PC Optimum Rewards Program Until then you will be able to collect points as usual using both your shoppers optimum points card and PC points or PC plus points The merge ratio to convert shoppers optimum points and PC points to PC optimum points will be one is two What it means that for each one point Whether it's shoppers optimum points or PC points, you'll be given one PC optimum points And it will be done automatically You'll not have to do anything on your side and after the date February 1st, 2018 You'll be able to collect PC points. I'm sorry PC optimum points under PC optimum points program The second thing you'll need to know is the earning rate Under the current shoppers optimum program you are in 10 points per dollar spent at shoppers drugmat stores However under the new PC optimum program You'll be earning 50% more at shoppers stores Which is going to be 15 points per dollar spent instead of one point per dollar as it is right now So you'll be benefiting more if you shop or Buy stuff from shoppers drugmat because it's giving 50 percent more points The third thing you need to know is redemption rates under the current programs shoppers optimum programs offer a minimum redemption at 8,000 points which will give you $10 and PC points program offers minimum rate of 20,000 points which will give you $20 However under the new PC optimum program the minimum redemption point is going to be 10,000 points for $10 So you'll be receiving $10 per 10,000 points and you'll be able to redeem at 10,000 points instead of 20,000 points Which is the PC points offer right now That's basically all you need to know about the merger which will happen on February 28 2018 after the merger you will be able to use one app Which will work both at shoppers and loblos stores and everywhere else Thank you for watching if you like what you see Please give it a thumbs up and consider subscribing and there will be more videos coming up. See you shortly. Bye