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Petro Points Reward Program Review

Petro Points is a reward program offered by Petro-Canada.  Members can earn 10 Petro Points for every dollar spent which can be redeemed for auto rewards such as free gas and car washes.  Affiliate credit cards also earn a discount on gasoline purchases such as the CIBC Petro Points MasterCard which saves you 2 cents per litre.

Petro Points Reward Program

For every dollar you spend at participating Petro-Canada stations on eligible convenience store, car wash, car repair and gasoline purchases, you’ll collect Petro Points.  Simply swipe your Petro Points Card with every purchase to collect points that you can redeem for fuel savings and other great rewards.

There’s no cost to join the Petro Points reward program.  There are 3 easy waysto join:

Receive 2,500 bonus Petro-Points just for signing up.

How To Collect Petro Points

Redeeming Petro Points

You can redeem and exchange Petro Points with sponsor partners to get rewards even faster.

Members can check their points balance online or every time they make an eligible purchase in store at Petro-Canada.  The account balance will appear on your receipt.

To redeem Petro Points, browse the Rewards Guide.  It’s available online and at participating stations.  Redeem for the Fuel Savings Reward gift cards, travel and more.

Redeem your Petro Points instantly and get your rewards at participating Petro-Canada stations or redeem or exchange points online for partner rewards like travel or to reload your Fuel Savings Reward card.

How Much Are Petro Points Worth?

Petro Points are earned at the following levels:

With the Fuel Savings Reward, members can redeem 15,000 Petro Points and receive $0.05/litre off their next 200 litres of purchased fuel.  That works out to $10 in rewards.  If you only filled up with Regular Clean Fuel and purchased 50 litres of fuel with every fill-up at an average price of $1.10/litre it would take you 60 fill-up’s and $3,300 to earn 15,000 Petro Points.

Final Thoughts

While I do believe in shopping at a preferred location to take advantage of reward programs, the Petro Points Reward Program is not the best value for your money spent.  Members are only earning a minimum rebate of 0.3% by using their Petro Points card.  Compare that with the Esso Extra Points program, where members earn 0.6% and you can see that Petro Points falls short when it comes to rewards.

If you’re looking for the best deal on gas, skip this reward program and just look for the gas station with the lowest price.  Even if you used an affiliated Petro Points credit card this program still lacks punch.  Check out the best retail rewards credit cards to get more bang for your buck.

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