Lau noted that a program like this probably won’t make customers go out of their way to purchase Tim Hortons coffee. For example, if you are registered to receive rewards at 70 points and want to redeem for a 50 point item you'll have to go into your Tims Rewards account (online or via the app) and change your registered … You will have to select an item in one of: After you place your order, scan your digital card from your Smartphone or a physical card to earn ten (10) Tims® Rewards points. Best Budget App: Eight Top Budgeting Tools for Canadians, Homemade gift idea – personalized baseball bat, The Complete Step by Step Guide to Save Money with Couponing. Download the updated Tim Hortons mobile app, which allows you to track your status, scan for rewards and order directly through the app where you can earn visits and redeem rewards “Tims Rewards allows us to say thank you,” Tim Hortons president Alex Macedo said in the release. Once you start redeeming your points, you’ll be able to redeem for items in 13 different reward levels. Here’s a no-fee credit card option that will earn you 2% on money spent at restaurants like Tims. There is no annual fee for this card. People in line aren’t too happy, but it did start a conversation the other day when one guy in line said “why don’t you just give him four purchases when he purchases for coffees?” I agree, as did most of the line. I prefer the McD system, as all I ever really get are coffees (and I will agree that McD’s coffee tastes better). I have 4 rewards cards (6 actually), and when I go to get coffees for my colleagues and myself I will order a coffee, scan the card, pay for my coffee, and then say “and I’d like to order another one…” and repeat the process. “If you’re a consumer that goes to Tim Hortons regularly and your cheque size is pretty small, that’s when this program is really valuable,” she said. So it’s your choice. Bagels and Timbits are excluded as a free reward. First, in order to start earning rewards, you have to get a reusable loyalty card or download the Tim Hortons app on your phone. How to redeem Tim Hortons rewards. Let’s take a look at how it all works. He added that Tim Hortons’ reward system “forces you to redeem” every few purchases, which helps ensure that consumers will actually reap the benefits — rather than end up saving up points or forgetting about them. Tim Hortons kicked off its Tims Rewards program Wednesday, adding one more coffee loyalty program to the several others already offered in Canada.. To do that, transparency is critical. Tim Rewards physical cards will continue to be scanned in restaurants – a smartphone is not required to take advantage of Tims Rewards as a registered member. The annual fee for this card is also $120. That’s a great return, better than you would get from McDonald’s, and far superior to Starbucks. The four people behind you each buy one coffee and they get “1 purchase” each, so 4 purchases, for the same dollar value in transactions. As with my earlier example, you could purchase 7 donuts (on separate trips) at $.99 a pop, and earn a free coffee or tea. Another Amex offering, the Scotiabank Gold card will also earn you 5 points on every dollar you spend at restaurants like Tim Hortons, as well as on groceries. WATCH: Loblaw merges PC Points with Shoppers Optimum. McDonald’s does give you a choice of coffee or a ‘fancy’ version, like latte. Your email address will not be published. So when you think about it, you’re being penalized because you are ordering four coffees at once. Or, you can download the Tims mobile app, which is available for both iPhone and Android devices, scan whenever you make a purchase. Is the Costco Executive Membership Worth It? Or, you can download the Tims mobile app, which is available for both iPhone and Android devices, scan whenever you make a purchase. Nice bonus to have the option of a doughnut at Tim’s. Almost any time a retailer is offering a free rewards program, my answer is yes, it’s worth signing up. ‘Good news’: Coronavirus vaccine will still protect against new U.K. variant, WHO says, Ontario reports 2,202 new coronavirus cases, COVID-19 hospitalizations surpass 1,000, Ontario to enter ‘provincewide shutdown’ on Boxing Day, Coronavirus pushes 2020 U.S. death toll past 3 million, highest in history, Crises swirl around Trump in his final weeks of presidency, Coronavirus: WHO says new virus strain from U.K. being studied, Coronavirus: Ontario Premier Ford announces provincewide lockdown amid rising case numbers, Dr. Michael Gardam on facing Canada’s health crises and his own, Alberta COVID-19 intensive care unit patient shares experience, BC Recovery Benefit applicants frustrated by requests for additional information, Tim Hortons’ reputation plummets in new survey — why Canadians may be fed up, Why Tim Hortons coffee lids are about to change, Tim Hortons doughnut raises $800K for Humboldt after stirring up controversy. Tim Hortons' rewards program is changing and it seems to be for the better. These relatively new menu items for Tim Hortons turns out to be good value for your points, even if you redeem for a Medium instead (at a value per 10 points of $0.26). How to earn Tims® Rewards: Head to your favorite Tims and place your order. After all, why not earn points when you spend, especially if it’s not costing you anything. When you combine that with a free food item or beverage after every 7th trip to Tims, it’s a great combination for a loyal Tims customer. Be the first to know about all the latest topics on MapleMoney. Alone, this can equate to a value of over 8%, depending on how you redeem the points on the card. You are eligible to receive a $10.00 CAD digital Tim Card ® (the “Reward”), redeemable at any Tim Hortons ® restaurant in Canada (see full terms and conditions for details) for every $30.00 of eligible purchases submitted, up to a limit of 5 Rewards per person and per household address. The better question may be how Tims Rewards stacks up against the loyalty programs of its competitors, namely McDonalds McCafe, and Starbucks Rewards. To get started earning Tims Rewards, you’ll need to get set up with a physical rewards card during your next visit. Please read our Commenting Policy first. Tim Hortons began warning customers weeks ago that its Tims Rewards would go all digital Jan. 1. “This helps in two ways. I think the “7 purchases” part of the deal is a bit of a scam and a rather silly business model…. 4 in 2017. Tangerine customers have the option of selecting 3 categories, instead of just 2. The first is getting information on customer behaviour. The second reason companies take on loyalty programs is to keep customers happy — and get a better reputation. McDonalds McCafe works more like Tims Rewards, in that every 8th purchase is free. The annual fee for this card is $120. The other thing I don’t like is that the award is automatically applied, I can’t say whether or not I want to use it unless you get the App. Tims Rewards comes long after some of the coffee chain’s biggest competitors, such as Starbucks and McDonald’s, launched their rewards systems. WATCH: Is the Tim Hortons’ brand permanently coffee-stained? With McDonald’s however, only hot beverages qualify for both earning and redemption, so items such as cookies or muffins are ineligible. – Feb 28, 2018, Loblaw merges PC Points with Shoppers Optimum, Loblaw merges PC Points with Shoppers Optimum – Nov 8, 2017, CRA admits ‘unclear’ communication on CERB eligibility led to some mistaken applications. © Drake Media Inc. – All rights reserved. I, probably like most people, carry both a Tim’s and a MickeyD’s, because I buy coffee from both. It was a long time coming, but Tim Hortons has finally introduced a customer loyalty rewards program, joining some of its closest competitors, like McDonald’s and Starbucks. Please enable JavaScript in your browser. “If you’re a coffee drinker and you’re not super picky, why not have both?”, Tim Hortons launches rewards program — here’s how it compares to the competition. Nutritional Information Learn More. The coffee chain stated in a press release on What’s more likely to happen, is that existing Tims customers will spend more money on coffee and donuts. In case you’re wondering, you can bank as many as 5 rewards, but free items must be used up within 120 days or they will expire. Tim Hortons has launched a rewards program after a year of testing. After every 7 eligible purchases made at a Tims location, you’ll be rewarded with a free coffee, tea, or a baked good of your choice. Customers must pre-select the type of items they wish to redeem their points for. Meanwhile, Starbucks recently announced that it is going to roll out an “enhanced” reward system in April that would offer customers more flexibility. Of course, most people will spend much more than that per visit, so the value is greatly reduced. Join Tims TM Rewards. Matthew Lau of PointsHogger.com explained to Global News that there really doesn’t seem to be a catch or any hidden costs associated with the coffee chain’s rewards system. READ MORE: Do loyalty programs make you spend more? Tim Hortons says all new and active members of the Tim Rewards program will get a bonus 50 points, which should be available in its mobile app for redemption. By comparison, Starbucks would require you to spend over $60 before you could redeem for a free beverage. Tim Hortons kicked off its Tims Rewards program Wednesday, adding one more coffee loyalty program to the several others already offered in Canada. So, you spend approximately $7 and earn a reward worth $2 or more. To get started earning Tims Rewards, you’ll need to get set up with a physical rewards card during your next visit. Every time you are tapping in with your loyalty card, that’s linked back to a customer profile and then they can start linking behaviour together,” she explained, noting that collecting such information helps companies make decisions about products and services. For example, if you only spent $.99 (the price of a single donut) on each of your next 7 trips to Tims, then selected a large coffee on your 8th visit, your reward would carry a value of almost 30% (spend $7, earn $2)! “It’s really hard to compare apples to apples because you have to think about what the customer is buying to get the points and then what they’re redeeming for,” Furtado said. Sign up Depending on how you choose to redeem your AMEX Membership Rewards points (you’ll get $0.01 per point on travel), you could essentially be earning back an extra 5% on your food purchases. Tim Hortons is overhauling the loyalty program its parent company says is among the factors dragging down sales and profits across the chain of coffee-and-doughnut stores. The new program – Tims Rewards, is easy to follow and allows customers to earn free items without having to spend large amounts of money. At Tim Hortons we believe balance is an important part of living well - that eating well and sometimes treating yourself can, and should, go together. Unless a post is clearly marked “Sponsored”, however, products mentioned in editorial articles and reviews are based on the author’s subjective assessment of their value to readers, not compensation. I don’t want the app! To see all 14 levels of the rewards menu, a … The company boasted about the rewards program in a press release, saying it has “some of the most loyal guests in Canada.”, READ MORE: Tim Hortons’ reputation plummets in new survey — why Canadians may be fed up. eGift Cards will not be replaced if lost or stolen and cannot be reloaded, re–sold, transferred for value, or redeemed for cash, except to … On every eligible purchase, you’ll earn 10 points. Join Tims™ Rewards and start earning rewards today. Starbucks explained in a press release this week that customers will be able to redeem more frequently now on “small treats” or choose to save points for bigger purchases. By registering the TimCard ® online, you can access several additional features of the TimCard ® program such as protecting the balance on your card from loss and theft, reloading your card with a credit card and viewing your most recent account activity.. To register your TimCard ® you must activate it first. With this premium credit card, you’ll earn 5 points on every dollar you spend at Tim Hortons. Not only was the number seven the retiring jersey number of our beloved Tim Horton, the Canadian hockey legend and namesake of Canada's favourite coffee shop, but beginning today, Canadians will redeem a reward after every seventh visit to Tim Hortons through the company's new loyalty rewards program. The redemption value of this card is not as high as the Amex Cobalt Card, but it’s still an attractive option. Alyssa Furtado, CEO of Ratehub.ca, explained that Tim Hortons’ reward program is quite similar to McDonald’s and is simpler than the one Starbucks offers. WATCH: Battle brewing between Tim Hortons and franchisees. It’s an interesting card in that you get to choose 2 spending categories with which to earn increased rewards, so you need to make sure to select ‘restaurants’ as one of your preferred categories. Scan your physical card, or use the mobile app, After 7 purchases, receive a coffee, tea, or a baked good free, When multiple items are purchased, the most expensive item is free, Bagels, Timbits are ineligible as a free item, To count, purchases must be at least 30 minutes apart. Unlike other programs where you can choose what you want to redeem your points for at time of purchase the revamped Tims Rewards program will require you to register for the reward level you want. To redeem a gift, friends can use their existing Tim Rewards account. 50 in 2018, down from No. But it doesn't stop there – for a limited time, you can instantly receive a reward when you register your card on the Tim Hortons mobile app and make a purchase that's greater than $1.50. Your points will be based on the number of visits, not by dollars spent. “Whenever it’s free to sign up, it’s going to be free returns,” Lau explained. Home of Canada's favourite coffee. Our goal at MapleMoney is to present readers with reliable financial advice and product choices that will help you achieve your financial goals. © 2019 Global News, a division of Corus Entertainment Inc. Tim Hortons now has a reward program: 5 things you should know, WATCH: Tim Hortons now has a reward program — 5 things you should know How much your reward is worth will depend on how much you spend each time you make a purchase, and which item is redeemed for free, after your 7th purchase. Purchases must be a minimum of $.50 to be eligible, which shouldn’t be an issue, considering a single Timbit is $.25. The number seven is lucky for a reason, especially for coffee and donut lovers. In response to guest feedback, new physical Tim Rewards cards, which will require registration and linking to use points, will be made available in Tim Hortons restaurants after Oct. 28. But for those who aren’t too picky about their coffee, Lau suggested “diversifying” and getting more rewards cards. The … Tim Hortons eGift Card Details. Tom Drake is the owner and head writer of the award-winning MapleMoney. Tim Hortons’ ranking fell to No. CERB repayments: What are taxpayers supposed to do when even tax pros aren’t sure? The new program offers customers a coffee, tea or select baked goods after seven purchases made at least 30 minutes apart. That’s something Tim Hortons has struggled with in the recent past. Related: The Cheapest Way To Get Your Coffee Fix: A Comparison Of Coffee Beans, K Cups, And More It can then be redeemed the next time you are paying in-store, and will automatically be assigned to the highest-priced item. “For Starbucks, it’s more strong if your average cheque size is quite large and you want to redeem for fancier drinks.”, READ MORE: Tim Hortons doughnut raises $800K for Humboldt after stirring up controversy. “I think more people decide based on taste so if you’re like, ‘I can’t drink Tim Hortons coffee,’ and you only like Starbucks then you might not poach those clients,” he explained. Here’s a quick look at 3 cards that would qualify. Tim Hortons advertises a total of 14 different rewards levels, each of which allows the customer to redeem points for a different class of menu items. Consumers who join the program can have a free coffee, tea or baked good after every seventh visit — … – Mar 21, 2019, Battle brewing between Tim Hortons and franchisees, Battle brewing between Tim Hortons and franchisees – Sep 4, 2018, Trump has been told to wait on vaccination — here’s why, Trump, GOP lawmakers plan effort to block Congress from affirming Biden’s victory. Required fields are marked. Let us thank you. In order to participate in the program, simply pick up a physical Tims Rewards Card from your local Tims or visit timhortons.ca/rewards or download the Tim Hortons mobile app and sign up with your email or Facebook login and you’ll be issued a digital Tims Rewards Card. At that point, the count is reset, and you start the process over. Tims Rewards is different from most loyalty rewards programs, in that there is no set value for a reward point. So I don’t. you go and buy four coffees for yourself and three friends, and that’s 1 purchase. “This change means members can begin earning Stars to redeem a Reward in as few as two to three visits,” the release explained. Earning rewards is very straightforward. If you have been on the fence about trying a Tim Hortons smoothie or milkshake, you can at least do it without paying now and still get good value for your points. An eligible purchase is defined as one that is at least 50 cents, and made at least 30 minutes later than your previous purchase. Read more at: http://maplemoney.com/legal/. How to Earn Tims Rewards. MapleMoney receives compensation from some companies issuing financial products, like credit cards and bank accounts, that appear on this site. One nice touch is that if you happen to purchase multiple items when you become eligible for a reward, the most expensive item is free. In my opinion, Tims Rewards comes out ahead, due to the minimum spend required to earn a free food item or beverage. Now, patrons of the popular coffee chain, which to many is as Canadian as hockey and maple syrup, have yet another reason to get their coffee fix at Tim Hortons. Want to discuss? She noted that Starbucks’ program, for example, is based on how much money is spent, but Tim Hortons’ is about the number of visits. What you can do is stack rewards with a credit card that gives you points for restaurant purchases. According to the Tims website, if you use the mobile app to order ahead and pay, you can select an option to bank your reward upon checkout. Also, purchases must be at least 30 minutes apart. It’s tough to say. Redeeming your Tim Hortons Rewards In order to redeem Tims Rewards, you have to be a registered user (either on the app or through the website) so you can select your reward category. With a career as a Financial Analyst and over a decade writing about personal finance, Tom has the knowledge to help you get control of your money and make it work for you. Customers get a free rewards card and can track their purchases through a mobile app. Earning rewards is very straightforward. Is the Tim Hortons’ brand permanently coffee stained? In response to guest feedback, new physical Tim Rewards cards, which will require registration and linking to use points, will be made available in Tim Hortons restaurants after Oct. 28. Is the Tim Hortons’ brand permanently coffee stained? Let’s say you have a daily habit of stopping in for a large coffee on the way to the office each morning. Tim Hortons is overhauling its loyalty program after parent company Restaurant Brands International Inc. announced that profits at the coffee chain are down, ... Customers with a Tims Rewards card used to be able to redeem for a free coffee or baked good after every seventh purchase. Furtado added that brands such as Tim Hortons take on loyalty programs knowing there will be a cost to giving out free products but do so for two main reasons. The company recently compared the major coffee rewards programs in Canada and found that they offer different perks that will appeal to different customers, depending on spending habits. If you prefer a cash back credit card or no fee card , the Tangerine Money-Back Card will earn you 2% cash back at Tim Hortons (provided you have restaurants as one of your chosen bonus categories). With such a simple set up, it’s difficult to maximize rewards using the Tims Rewards program on its own. Previously, new Starbucks customers had to accrue 300 points before being able to redeem rewards. This eGift Card is redeemable at participating Tim Hortons locations in Canada.. eGift Cards have no fees and never expire. But if you don't have a smartphone, or just prefer to use your rewards … Before we get in to the levels, there are few important things to note: You have to be a registered user (linked your card to an account on the app) to choose your reward category. Last April, a survey by Leger research group found that Tim Hortons’ brand reputation took a hit amid employee benefits disputes between franchisees. “What’s in it for them is data that they get. Tims' new system will soon be points-based and when you're ready to redeem those points, you'll have even more free menu items to choose from. READ MORE: Why Tim Hortons coffee lids are about to change. Sign up for Tims TM Rewards and start earning rewards when you order at Tim Hortons or through the app. Starbucks Canada’s rewards program memberships have grown 25 per cent in the past two years, the company noted. With every 8th coffee being free, your reward would be closer to 14%, still very attractive. 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