Gallagher

purchases over $25 must be signed for.

si_ponz

looks like a decent idea, i donno if i go there enough to actually use it, i'd rather just throw my change away and lighten my wallet

Adair

Don't know if I'll actually use it, but it's probably a good idea for some people. It would make a sweet little gift...

si_ponz

for sure a good gift, who doesn't go to tims?

Jay P

they tested this in Oakville back in 2003, loved using it then...

mugenpowered

I just got one today, because I don't like getting so much change back when paying with cash.

The card is great for Tim Hortons because they have to pay a fee to a third party when you use your credit card, they already have low margins, so using their own card avoids the payment of those fees. Every little bit helps.

Plus, they will be able to make money (or pay off debts) on the cash they receive for those cards. However, because the many franchised stores can't keep the cash they receive to put on the card (unless it is being used for a puchase at their location) they may not make too much off of your cash. They will have to pass on the cash to the company, but I am not sure how frequently they will do that. If it sits in their till for too long it is unproductive.

And people say, "why would I give money to them when I could be making interest on it?" In theory that is correct, but for the large majority of Canada with a cheqing account as a primary account, it will make no difference. Same for people using cash. You wouldn't have been earning interest on it anyways.

Now instead of having $20 in your wallet that you would slowly use over two weeks, you put it on the card and slowly use it over two weeks. Or if you pay with your CC, instead of having the money sit in your chequing account earning no interest until you pay off your CC bill, it sits on the card earning no interest. Either way interest doesn't factor into it for the majority of people.