My examples probably apply to Canadians... I've been calculating the "spending-reward" ratio of a couple of types of points and I'm interested in what others collect. Airmiles: I used an avg of $15 for every 1 Airmile. I don't collect AMs but my gf says usually it's $20 but depending on where you go, sometimes it's double AM, and other bonuses arrive in the mail. I calculate you need to spend at least $60000 to get a $400 Ipod (3900Ams). Roughly, 0.67% return. A buddy of mine has a Scotia Bank credit card which he gets 1% back and could go toward gift certs at the Bay, and such. I'm collecting Petro-Points from gas, as well as from my CitiBank MasterCard. Best case scenario, I get to convert 300000 PP (or $30000 spending) into $600 gift cert at Sears for a 2% return. The upside is I can buy anything at Sears, whereas other programs have a catalogue to choose rewards from. The downside is in order to get the 2%, you have to wait to accumulate 300000 petropoints. the sooner you cash out, the smaller the return. Anybody want to share what they are collecting and how much you are getting back?