A credit card that deserves to be your everyday card + MORE May 30th

More than two-thirds of Canadians don’t use cash for their everyday purchases. There are many reasons for not carrying bills and coins. Electronic payments are convenient, fast, secure—and they often include extras or perks. Given how much we rely on electronic payments, it’s important to have a credit card that meets your daily needs and rewards your everyday spending. Here’s how to make sure you’ve made the right choice.

Find the right match

Selecting the right credit card isn’t exactly like dating, but it’s not totally different either. We all know there are plenty of fish in the sea, but the trick is to catch the one that fits with your lifestyle and personality.

It’s the same with picking a credit card. There are hundreds of terrific cards on offer, but you won’t really be happy unless you make the right match for you. Watch out for these red flags!

Avoid cards with low earn rates or incompatible accelerated spending categories

Rewards are one of the most compelling reasons to use a credit card for your everyday spending, but not all rewards programs are created equal…

If you love to travel, you probably already know that the right credit card can take you far while also offering valuable perks and benefits. Now imagine a card that benefits you at home, too. Meet the National Bank World Elite Mastercard, a credit card that offers great perks and rewards, whether you’re collecting points on your everyday spending at home or living it up while you’re away.

Competition is fierce when it comes to rewards credit cards, which is great news for you. It means you can be choosy and make sure you get the features and benefits that fit your lifestyle. Let’s take a closer look at what the National Bank World Elite Mastercard offers, and the types of Canadians who can benefit from using it.

Travellers and jet-setters, take note

The difference between an OK trip and a great trip often comes down to the details. Having a travel-friendly credit card, for instance, can enhance your trip.

The National Bank World Elite Mastercard comes with travel insurance: out-of-province hospital medical insurance, trip cancellation insurance, departure flight delay insurance, stolen or lost luggage insurance, and many more…

In this episode of the Rewards Canada podcast we look at which credit cards earn the most Aeroplan points on your everyday spending. The results may surprise you! Listen to the podcast here: Watch the podcast here: Topics of discussion Which credit card earns the most Aeroplan Points?   Subscribe and listen on your favourite […]
The post Podcast Episode 112: Which credit cards earn the most Aeroplan points? appeared first on Rewards Canada.

Credit cards are a part of everyday life. They’re a convenient and safe way to pay for your purchases, and they often come with perks and benefits. Plus, when you use a credit card responsibly, you can build up your credit score, which can help you access loans, mortgages or other types of credit—and get preferred terms and rates. However, if you’re a newcomer to Canada or new to credit, you won’t have a Canadian credit history. Using a credit card responsibly is one of the easiest and faster ways to start.

What is a credit score?

A credit score is a three-digit number, usually between 300 and 900, that banks and other lenders use to determine how likely you are to pay back your loans. The higher the number, the more credit-worthy you are to the banks.

Your score is based on information in your Canadian credit history, such as whether you pay for your phone bill and utilities on time and in full each month. The problem is, for newcomers and others without a Canadian credit history, lenders don’t have any information…

If you’ve experienced sticker shock in the grocery aisles recently, you’re not alone. Feeding yourself and your family has become increasingly expensive over the past several years, with the cost of groceries and eating in restaurants spiking since the start of the COVID-19 pandemic. (Want a lively discussion at the next family get-together? Just mention the price of eggs and butter.) And while the overall rate of inflation has decreased recently, food prices are still well above what they were only four years ago, according to Statistics Canada’s most recent update of the Consumer Price Index.

You can’t do much about grocery prices, aside from using coupons and discount apps, but the right credit card can help you put those expenses to work in your favour (and ultimately benefit your wallet). With National Bank’s World Elite Mastercard, you’ll earn up to five points per dollar spent on groceries and restaurants for the first $2,500 in gross monthly purchases, making this card a strong pick for families and frequent diners…