The Student Price Card, also known as SPC Card, is a student loyalty discount

Discounts and allowances

Discounts and allowances are reductions to a basic price of goods or services.They can occur anywhere in the distribution channel, modifying either the manufacturer's list price , the retail price , or the list price Discounts and allowances are reductions to a basic price of goods or services.They...

 program in Canada

Canada

Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...

, offering discounts and deals on items such as fashion

Fashion

Fashion, a general term for a currently popular style or practice, especially in clothing, foot wear, or accessories. Fashion references to anything that is the current trend in look and dress up of a person...

, food

Food

Food is any substance consumed to provide nutritional support for the body. It is usually of plant or animal origin, and contains essential nutrients, such as carbohydrates, fats, proteins, vitamins, or minerals...

, shoes, and travel

Travel

Travel is the movement of people or objects between relatively distant geographical locations. 'Travel' can also include relatively short stays between successive movements.-Etymology:...

 and more.

Students show their SPC Card at participating locations to receive instant savings every time they shop. Offers vary by participating partner locations.

The program's membership include high school and college students throughout Canada. The program has a reported 650,000 members and 120 participating retail chains.

The SPC Card is a fee-based loyalty

Loyalty

Loyalty is faithfulness or a devotion to a person, country, group, or cause There are many aspects to...

 program, costing $9.00 CAD

Canadian dollar

The Canadian dollar is the currency of Canada. As of 2007, the Canadian dollar is the 7th most traded currency in the world. It is abbreviated with the dollar sign $, or C$ to distinguish it from other dollar-denominated currencies...

 plus tax for 12 months. The SPC Card is valid from August 1 until July 31 the following year. Each year a new SPC Card must be purchased. The expiry date is printed on the front of the SPC Card and does not change regardless of the date of purchase.

SPC Card also has a VIP version of the card. It retains all the features of a normal SPC Card, but can be used by those who are not students. The VIP card is used solely for promotional work and therefore is not sold in stores anywhere.

SPC Card also has a MasterCard with Bank of Montreal

Bank of Montreal

The Bank of Montreal , , or BMO Financial Group, is the fourth largest bank in Canada by deposits. The Bank of Montreal was founded on June 23, 1817 by John Richardson and eight merchants in a rented house in Montreal, Quebec. On May 19, 1817 the Articles of Association were adopted, making it...

. Students can double their benefits with a BMO SPC MasterCard. Cardholders receive SPC Card discounts plus their choice of Air Miles

Air Miles

Air Miles is the name of separately operated loyalty programs in Canada, the United Kingdom, Spain , the Netherlands and the Middle East, through which points are earned on purchases at participating merchants.-History:...

reward miles or cash back rewards without paying an annual fee.

The term SPC Card is an example of RAS Syndrome

RAS syndrome

RAS syndrome , also known as PNS syndrome or RAP phrases , refers to the use of one or more of the words that make up an acronym or initialism in conjunction with the abbreviated form, thus in effect repeating one or more words...

(Student Price Card Card).