The “Big Five” Canadian banks offer credit cards and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Did you know that there are many other options?
Latest News
The best chequing accounts in Canada for 2024 + MORE May 2nd
Save
The best chequing accounts in Canada for 2024
Most people expect little from their chequing accounts—but we’ve scouted out options that offer surprising features, from breaks on fees to rewards programs.
Compare now
.... More »
Have Fun While Saving Money: 25 Things to Do for Free Aug 14th
Looking for fun activities that won’t break the bank? There are plenty of things to do for free that can be both enjoyable and fulfilling. Free activities not only help you save money, but they also allow you to discover new interests and hobbies.
25 Fun Things to Do for Free
I’ve compil.... More »
RWRDS Daily Update – December 2 + MORE Dec 3rd
Here’s your Rewards Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. Marriott Bonvoy Moment for the DOUGLAS Vancouver Canucks Fan Cave Suite The DOUGLAS, Autograph Collection in Vancouver has transformed one of their one-bedroom suit.... More »
How to earn over $1,200 in value from the right travel credit card + MORE Nov 26th
Travel rewards cards are super-popular with Canadians, and competition in the sector is fierce. Determining the real tactical value of a card can be a challenge—and we warn you: There’s math! The effort is worth it, though. Pick the right card and you can earn big. In this article, we’ll use t.... More »
Why we overspend to earn rewards points Jun 21st
Even the most financially disciplined person might catch themselves chasing rewards from a credit card or loyalty rewards program. It’s not just you or a lack of willpower; credit card issuers and retailers design rewards programs to tap into the psychology of spending.
Research shows that peop.... More »
The Top 5 Mastercard Cards to use at Costco Canada
– RewardsCanada.ca
We’ve updated our feature on the Top Mastercard cards to use at Costco due to the recent changes to the BMO CashBack World Elite Mastercard. The BMO card saw its earn rate at Costco drop from 1.5% to 1% which meant it dropped off this list of the best five cards to use at Costco Canada stores. That card has been replaced with the WestJet RBC World Elite Mastercard and we’ve also added an honorable mention Mastercard to the list as well. The Top 5 Cards are as follows: 1. MBNA Rewards World Elite Mastercard – 1.67% to 2% return on Costco purchases This card underwent some changes not too long ago that made it drop from being the best card to use at Costco to the second best but it came back after the best card (Rogers World Elite) was devalued. Ultimately it is the best when you redeem your MBNA Rewards points for travel. When you do you are earning a 2% return on your Costco and all other purchases. However if you redeem for cash back the rate is lower where you will earn a 1…It’s time for American Express to tweak the venerable Gold Rewards Card
– RewardsCanada.ca
You may recall that early in the year I published the article “There is one very popular travel rewards credit card in Canada that is due for a major overhaul” which detailed my thoughts on how the RBC Avion Visa Infinite Card is due for a change. That article was originally planned as five cards that need an overhaul but I ended up writing so much about the RBC card that it would have been way too long of an article to read. Even to cover the next four cards in their own article may prove too long so I figured I’ll tackle them one by one – well not all of them as two of the cards on my list really only need the slightest changes so I’ll probably lump them together in one article. With that out of the way I’ll look at the how I think the next card due for an overhaul – I guess not really an overhaul but due for some tweaking is The American Express Gold Rewards Card. Our post from 2010 announcing the launch of the new Gold Rewards Card In it’s current state this card has not changed since it was revamped and relaunched back in 2010…
